MFI rising now, I flipped my puts
It's looking like the market just wants to whipsaw around. Not really sure it's good for trading today other than really quick day trades.
Expecting up though
It's looking like the market just wants to whipsaw around. Not really sure it's good for trading today other than really quick day trades.
Expecting up though
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Whipsaw! LOL, markets now green
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I'm bearish on CASY for earnings but the options premiums are too high
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Held the green line which is bullish. I maintain bullishness until tomorrow morning then I'll figure out what to do next, lol.
Crazy whipsaw market, one thing i noticed though is that garbage stocks did not tank on the gap down today. they all just dipped, so I'd be careful about shorting garbage until next week. I flipped my PTON puts, didn;t make as much money as I wanted, but a win is a win
Crazy whipsaw market, one thing i noticed though is that garbage stocks did not tank on the gap down today. they all just dipped, so I'd be careful about shorting garbage until next week. I flipped my PTON puts, didn;t make as much money as I wanted, but a win is a win
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Almost looks like teh market is setting up to pump bad news on Friday, inflation numbers Friday morning.
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More whipsaw, lol. Flipped my PCAR calls on the gap fill and bought one CASY put for earnings. Realized the premium is high because they're monthly puts.
No way people are spending money in the shops when gas pries are so high, and margin on gas sales are low so the high gas prices won;t help profits either.
No way people are spending money in the shops when gas pries are so high, and margin on gas sales are low so the high gas prices won;t help profits either.
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DAY BY DAY GUYS!
I think the market gaps up tomorrow, but you never know. Also, MFI went from oversold to overbought in less than 24 hours last week, the same could happen here. Assume more whipsaw, quick trades.
I think the market gaps up tomorrow, but you never know. Also, MFI went from oversold to overbought in less than 24 hours last week, the same could happen here. Assume more whipsaw, quick trades.
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I'm just gonna say whipsaw every day just so i can be right, lol. Hard market to trade, market selling on strength again, but not dropping on the gap down. It;s been a sideways drift for an entire week now.
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Indicators are slightly above the midpoint now, I'm guessing up and then back down once MFI and/or RSI get overbought.
In other words, more whipsaw, lol. But bullish for tomorrow morning, I think.
In other words, more whipsaw, lol. But bullish for tomorrow morning, I think.
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Be car3eful how much position you carry overnight, we've been alternating up and down days lately
PCAR options tend to have big spreads so i usually just throw stock in my 401k, but I didn't feeling like playing with my 401k this week. In this messed up market, I've been taking small potshots with my 401k, up $20k for the year. Single digit returns isn;t much, but still better than the fund managers.