Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
It’s retail investors who have: 1. Only won since investing 5 months ago. 2. Been promised Fed is keeping watch. 3. Trained to buy the dip.
But money, smart money already out of this market.
Possibly but we were also at a VIX last week that was the highest relative to a new ATH in market history. Mean there was a ton of hedging against those new highs.
Vix complacency doesn’t mean no sell off. It means people are positioned and don’t feel as much need to hedge. Could be a result partly of the massive Dark pool
Selling all month.
Hahah
Agreed. Loving Uvxy grabs under $25 here. Dust also a good deal
$KCAC strong on a market tanking
Does it make sense there is an EV stock bubble during a time where Americans are running out of jobs and disposable income and gasoline is hovering near lows with every car dealer offering ridiculous rebates and financing ?
Beauty hit $19 AH
$KCAC joined you. Near HOD with market down 4%. Could have a big power hour.
Could be a fake drop to squeeze bears tomorrow into Labor Day?
Lol
Correct. Easiest short of the year up here
Agreed. I would not be buying or writing naked calls. Equity short or naked put buys imo
Ok great shorts up here: AAPL, NIO, NVDA, SHOP, SHLL, TSLA, ZM. Equity is easier to DCA into but options can work too. We let liquidity do the work all summer. Let gravity do the work after Labor Day.
DUST, UVXY decent reward:risk here.
Good luck all.
Our $SRNE short looking good from those $9.40s
I hear you, this market has gone parabolic to a level most of us never thought possible in the best of times, even crazier in the worst of times.
We can't know the top and can miss plays just staying sidelined. Guess I am just saying, I wouldn't mind being all cash into labor day. These valuations have to correct, maybe not today or tomorrow, but when they do we see how fast it goes.
In the meantime, keep banking those trades.
The SPACs have had AWESOME moves, no hate at all, you've killed it on many of them. But SPACs are exactly the types of things that will get crushed first on a market pullback. For people already in them, big congrats, but I couldn't honestly see someone buying a SHLL at $1.6B Market cap, for example.
I guess if one is bullish longer term, there are still some okay buys, but I'd still wait for a September crash to reload cheaper.
Breadth is absolutely atrocious up here. It is a handful of companies pushing all they've got. I mean look at the fact the DOW isn't even back to New ATH while Nasdaq is 26% above new ATH from February
Trading 50x projected revenue. Don’t become a bag holder here
Appreciate that. Will take a look at it. I try to stay balanced on long/short but man it’s a stretch for me at these valuations. This board helps me stay balanced
Literally no words
Insanity market. Truly amazing to watch
Congrats! Any news or just tech? I went small short at $44 but not liking the volume spikes. May close.
$5 B in cap raise ATM
This market has truly past 2000 in insanity
This valuation is almost as insane as Tesla. Incredible
Agreed. I’m still sticking to shorts on individual names, cash and have been flipping uvxy and dust. Definitely no party favors handed out for being early. Still think September gets lit
Anyone ever seen a ghost print on an option contract ?
Interesting, IWM also rallying. Usually the last to party and first to black out
Correct. Banks control it all ultimately and the finance sector looks like absolute trash. Going to be awkward when $USD rips above $100
$GEVO careful crew, continues to hit VWAP zone and get rejected many days in a row now. Need $1.50+ to escape
I think we are very close. I don’t love the decay on SPXS but it’s not too bad short term. I like uvxy as well. I think markets may be able to hold into Labor Day but believe a big wave is coming in September. Risk:reward def skewed at this point
I’m saying we can throw Tripp out altogether but I mentioned he because he is one of the few who actually worked inside Tesla and had the balls to speak up.
I get wanting facts but I know you’re aware that the SeC is inactive and our court systems are exactly designed to take on billionaires. You’re not going to get clear cut obvious answers on musk. I mean look at dark pool buying, look at the $50 M weekly call buys at 100% OTM. Clearly a lot of big players are backing Tesla.
Every fact started out as a theory. I’m not asking you to believe in aliens but nothing about exposing fraud is going to come as obvious or clean
That’s fine. I can give you about 100 other pieces of info if you’re genuinely interested. Won’t waste my time otherwise. Truth always comes out eventually. I’d be more comfortable backing Enron’s CEO new investment than I would Tesla
His life was being threatened by TSLA cultists (srs)
Elon is probably the greatest con artist of our generation. If you don’t believe me, look up the court documents from the Martin Tripp case.
I love trading but my first calling is as a CPA with financial statement reporting and analysis background. I can say with certainty their financial reporting is inaccurate at best, but most likely just purely fraudulent. If you read deep into the deal he did with the CCP over the China factory you’ll find that the CCP basically owns Musk. Combine that with the NASA leaks to China and SpaceX being compromised and id genuinely not be surprised to see treason charges brought against Musk in the next 5 years.
Correct. They are fraudulent for sure. Then again, so is Tesla so I guess it doesn’t matter.
Fact is Nio already took a $1 B loan from China to survive Covid and now this offering. Add to that the general US/China tensions and new requirements US is putting on reporting Chinese companies and I think nio is an excellent short
Time was yesterday but agree still a lot of downside ahead, don’t see this trash holding over $10 by end of year
$NIO 75,000,000 share offering AH lmao
Very reminiscent of the end of January.
I could go pretty long winded in this, but I'll keep it as short as possible. In the simplest state, M2 increases are not inflationary, that money must be lent out and spent, that is how dollar are created. While the FED has been pushing pushing pushing M2 higher, banks have currently tightened lending standards to the strictest levels since 2010, meaning no one is getting loans. QE via rate control also causes issues in that it makes the margins paper thin for banks to lend in the first place, thus even less appealing for a bank to lend, thus no new dollars created.
The only reason we haven't actually seen a DXY rally is because there is forebearance on all of these loans (mortgages, student loans, etc.). Once that ends and people start repaying them, dollars will be put into the banks, and not re-lent out, which will be even more deflationary.