Economy stonks v26

lul fuk I had considered shorting some CANO of weird CVS buyout rumors...
CVS no longer interested and it crashes 42%
 
Tough market right now to get a feel for, too many people calling for lower lows leads me to think we have a big rally. I don't have any shorts open currently, still have a nice cash position but have been picking up longs as we go at really good values imo.
 
I just do the DXY inverse daytrade now; DXY up stocks down, DXY down stocks up. Correlation breaks down once in a while but overall it's pretty good.
 
lmao getting in arguments in the HW forum with speds who think Nancy Pelosi's husband is rich because of insider trading and that politicians have immunity from insider trading laws <Lmaoo>



Buying in on BOIL to hopefully get a bottom on nat gas into cold weather
 
I knew Netflix would moon. I'm thinking tsla dumps...and then apple dumps us for the next leg down on spy.
 
Thepaintbucket said:
Trading has been really stupid these past few days.. wtf man
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Are you referring to the pump at open and sell off, flat line for the rest of day on some stocks? I bought some flat liners at close and will sell at open 2moro again. It's working a treat atm.

kahiljabroni said:
I knew Netflix would moon. I'm thinking tsla dumps...and then apple dumps us for the next leg down on spy.
Click to expand...

I saw that coming too, was close to going calls but IV crush talked me out of it.

Not sure with Tesla though, I think they might surprise.

Calls on oil is the safe bet for earnings me thinks.
 
UAL posts some insane earnings and optimism. Somehow market cap is still peak pandemic. I can’t see a scenario where AAL UAL and DAL don’t climb another 30%+ in the next 60 days. Talking heads hate talking about them but they will
 
BIKES! said:
UAL posts some insane earnings and optimism. Somehow market cap is still peak pandemic. I can’t see a scenario where AAL UAL and DAL don’t climb another 30%+ in the next 60 days. Talking heads hate talking about them but they will
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I think Airlines will climb abit from here. Lots of people want to go away right now and are willing to pay whatever to fly. That said, I think its more short term.. Next year when the job lay offs come and inflation is still high, and the cost of flying is crazy expensive, most likely will bite them.
 
Gas121 said:
I think Airlines will climb abit from here. Lots of people want to go away right now and are willing to pay whatever to fly. That said, I think its more short term.. Next year when the job lay offs come and inflation is still high, and the cost of flying is crazy expensive, most likely will bite them.
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If the war ends and oil comes back to normal that would curb prices. People want experiences and that is a long term fundamental shift. Pent up demand for travel still hasn't been filled.
 
Oh man. I saw a letter from the IRS in the mail today and got nervous I'd fucked something up.
Well I guess I did....
by paying too much last year so I'm getting a vacation's worth of money back. <Moves>
 
Looks like UK inflation data YoY above 10% just cut about 1% off overnight US futures.
 
Gas121 said:
Are you referring to the pump at open and sell off, flat line for the rest of day on some stocks? I bought some flat liners at close and will sell at open 2moro again. It's working a treat atm.



I saw that coming too, was close to going calls but IV crush talked me out of it.

Not sure with Tesla though, I think they might surprise.

Calls on oil is the safe bet for earnings me thinks.
Click to expand...


They could surprise...they've done it many times. Their 5 year chart looks extremely damaged though....they still have to have their Netflix/meta moment i think where they give back most covid gains. Apple and tsla both should drop 25% or more for us to truly bottom out imo
 
BIKES! said:
If the war ends and oil comes back to normal that would curb prices. People want experiences and that is a long term fundamental shift. Pent up demand for travel still hasn't been filled.
Click to expand...

Pilots could be a problem though, most of the airlines lost a bunch of pilots thanks to the vaccine mandates and they're continuing to lose pilots as they flunk their medicals following the covid shots.
 
aerius said:
Pilots could be a problem though, most of the airlines lost a bunch of pilots thanks to the vaccine mandates and they're continuing to lose pilots as they flunk their medicals following the covid shots.
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It's the revenue per seat that's driving the boom. You are right about the future and they better hire pilots fast and furious. For now they are gouging.

I just booked a a couple transcon flights and they are about 50% higher than 6 months ago which is about 100% higher than a year ago. B class flights are insane which is where their margins are huge.
 
holy fuck.
Went back to bed after market open because I have no idea where we are going.
Had a lotto ticket on some MVST.
Just awoke from a delicious nap and it gave me back everything I'd lost on other dumb ideas.
KhbRK6d.png
 
lol TSLA earnings got hyped by CNBC "wow up big!" (3%) then it crashed 10%
 
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