OFFICIAL STOCK MARKET AND ECONOMY THREAD VOL. A NEW CHAPTER

[iheartboost]

Not like this... not like this...

 

[noskey]

Calls on Clorox and Ruger.

 

[ps2child]

Are we gonna have another March crash tomorrow?

 

[johnnyredstorm]

Are we gonna have another March crash tomorrow?

No. What changed? Market has been on fire and needed a day to pull back. Trump having Covid doesn’t change things a month before the election. All it might do is speed up the next pullback that was going to come anyway.

I did set stops at break even on my winners though just to avoid a big drawdown if things get ugly.

I’d grab a hedge at this point in case. S&p loses 3200 this could get ugly. 2840 isn’t out of the realm of possibility.

 

[jjs]

Need a full analysis on this by Monday

But... but my weekend

Are we gonna have another March crash tomorrow?

I wish. March was such a great opportunity for discounted stock

 

[southernhospita]

When it hits the circuit breaker that’s when **** gets real on the downside

It might be a short the spike day for option traders
But I don’t think it’s going to be anywhere near March lows
It has to build up to that
You got to keep in mind during that time business where shutting down including sports
Hell many people still don’t think Trump has it because of the timing

 

[johnnyredstorm]

Trump dies, we’ll see a crash. Otherwise, it’s short term noise. Move your stops to break even and buy a hedge if you’re worried. I’m bidding on the spy nov 6 290 call and the 290-285 put spread. Willing to risk $200 to have some protection.

 

[jrp44]

Ready to get my WSB on and make like 3 SPY option day trades today

 

[htg designs]

Not as bad as i thought today. Still early tho.... Im only getting a 3% discount on my holdings. Eh. A gain is a again.

 

[johnnyredstorm]

Market doesn't give a **** about Trump. Beautiful rebound.

 

[crownedhead]

Who is pumping NKLA? Can anybody make it make sense?

 

[wballz]

TWLO at ath. Wow.

 

[noskey]

Who is pumping NKLA? Can anybody make it make sense?

Algos and probably a lot of short coverings from end of quarter. And JP Morgan. They just paid a fine for metals price manipulation, so why not stocks too?

 

[crownedhead]

Scumbag *** JPM. That $920 million is a slap on the wrist.

 

[noskey]

Scumbag *** JPM. That $920 million is a slap on the wrist.

You mean a fine resulting in less than the money they made wont stop JPM or Deutsche Bank or their peers from committing crimes? Why would they do thaaaaaaat?

 

[turbospartan]

Hey not sure where to put this but I want to apply for a new pre approved credit cards. I was goIng with Discover cause they have cash back. Any other recommendations or should I be good

There is a credit thread somewhere on NT. Depends on what you're looking for in a card. Chase has quite a few cards that are pretty good bang for your buck, in regards to sign up bonuses and cash back. Right now the Chase Freedom Unlimited has $200 bonus for spending $500 in the first 3 months, plus 5x points on travel + 3x on dining and 1.5% cash back on everything else. Lemme know if you need a referral link . Chase also has the current Sapphire Preferred card with 80k bonus points for spending $4k in first 3 months. 80k = $800 straight cash, or even more if you use the points to book travel or other **** through their portal.

 

[southernhospita]

Riding the uptrend on SPY as we speak reversal don’t happen everyday on the chart but when they do and work out I’m greatful

 

[degenerate423]

Market doesn't give a **** about Trump. Beautiful rebound.

So funny getting texts from people who were so sure the market would be red today after the news last night .

 

[johnnyredstorm]

So funny getting texts from people who were so sure the market would be red today after the news last night .

BTFD never fails when the printers go brrr

Stimulus means more to the market than the presidency and I'd even argue, the market is safer without Trump in office than in.

 

[noskey]

Riding the uptrend on SPY as we speak reversal don’t happen everyday on the chart but when they do and work out I’m greatful

Bought an AAPL 125 call, 11/06 exp. for $3.00. Up 5% in the past hour. Hope the market can hold this trend and push positive before close.

 

[johnnyredstorm]

Added a little PYPL, CRWD TWLO and SQ. Sold STNE, AMD, ESTC, FTCH starters to add.

 

[tomdiginson]

Set stop losses. A couple of them triggered(TSLA, and AMD). Will buy back in at less prices.

 

[iheartboost]

I was really hoping the market would react to Trump so I can stock up lol

 

[johnnyredstorm]

October is historically awful so youll probably get your wish

 

[southernhospita]

Set stop losses. A couple of them triggered(TSLA, and AMD). Will buy back in at less prices.

Traded calls on AMD would have been a major loss if I didn’t take profit when I did

I’m coming to the realization that I do better trading options on SPY (with how I chart)
Even though I won’t trade everyday
Which is fine just as long as when I do it counts