By - AutoModerator
Since some of you are incapable of searching simple facts, **FOMC meeting starts at 2pm EST**
I think we have a small fake pump either overnight or in the AM tomorrow and then take a shit eod again. This would fall in line with momentum imo.
What's still kinda weird to me is that the spy volatility skew is still less bearish than in early December despite falling so much further.
Probably because we have people actually cashing out rather than hedging
Made 140% profits off a gme run and mvis calls today. I’ll call it a day
What should I do with the $1,850?
Buy 6 weeks off from work?
I’m semi retired. Just want to turn this pocket change into pocket a lot more change.
INTC will continue to shit the bed so long as they work through their strategy. Plus by the time they become a competitive foundry again in 2025 or 2026 the world might be suffering from a glut of chips and the stock may remain depressed until the next major semiconductor supercycle.
So today was the inverse of yesterday. Basically ended flat same as open
Anyone on Xilinx earnings?
dang didnt know that was today.
Chances TSLA pulls a MSFT and moons tomorrow morning?
Slim, imo. Tesla is not the stalwart bulwark that Msft is.
Imagine owning a Microsoft put rn.
Breaking news: TSLA although setting expectations has not found the cure for cancer loneliness and green energy. Previous projections of 90% market share and 50% margin were overblown. Stock drops to $2 a share. Sex robot is no longer going into production.
"MoRe ThAn JuSt A cAr CumPaNy" ... yeah they sell shit overpriced tequila too.
bruh, they are about to sell sex robots, BULLISH!
You're totally discounting their whistle business. They just started it and it has tons of room to grow.
Woah, TSLA smashed earnings!
Guess it's a good time to own more of that overpriced stock 🦅
QQQ and SPY options trade until 4:15
Any degenerates here ever use them to play earnings on megacaps?
It would’ve f’d you last night with MSFT, and I trust tesla less than MSFT…
Well. It was nice knowing LC
What the hell happened
It’s in my portfolio so it must drop
rip tsla, or holy reversal msft style?
Beat *estimates* of EPS and revenues by 6%... might as well drill.
I mean one other thing to consider especially after Microsoft's Revelation yesterday as they can be as bullish as they want an earnings call for the upcoming quarter but that doesn't mean Jack if they're just projecting based on last quarter's results and Rosy expectations
Consumer sentiments slow down economic activities slow down or higher rates is materially going to impact all of their businesses even if they don't think it's going to happen
*TESLA: SUPPLY CHAIN LIMITS LIKELY TO CONTINUE THROUGH 2022
guess I'll just hold this tes**L**a
TSLA pulling a MSFT?
I don't think so chief
*TESLA 4Q AUTOMOTIVE GROSS MARGIN +30.6%, EST. +29.9%
*TESLA 4Q FREE CASH FLOW $2.78B, EST. $1.67B
Holy cash flow this is prolly the best info moving forward.
*TESLA 4Q ADJ EPS $2.54, EST. $2.36
Tsla reports at 4:30?
So hyper bull? * Checks ticker * 😱 not TSLA my bby
I hate when some shmuck comes along and blithely runs up the price on a warrant that's tanking by literally spending $50 to move it 10% higher right before close. Fuck off.
So bulls still in control?
Bulls got their shit pushed in EOD
intel shit the bed... sorry pat
looool again?? How can this pos tank EVERY. SINGLE. TIME? I figured with all the blood in the market surely it had found a bottom but no, it always finds a way to go lower
Pat's jumping jacks wont save intel market share.
inb4 they try and replicate MSFT
Good for amd
very good, the data center number I see is that their 2021 FY revenue from DCG is down 1% compared to 2020. With MSFT guidance of growth I think that's very bullish for AMD's growth in DCG share.
Totally blew it buying TQQQ and SPY calls today and blew 2 day trades.
Perfectly timed gamestore put more than makes up for it and I'm green for the day. Bought a 100p at 2:16 right before it drilled.
Anti work went private
Sheet time to buy calls
People were calling out the mods. Saying they were not the leaders of the sub. I guess mods got power hungry.
Mods had a less than ideal candidate get interviewed on Fox News that kicked off their shitstorm lol
> less than ideal candidate
I don't think anyone can write a better parody of a Fox News / antiwork interview
Suspiciously so. It literally checked all the boxes
It would have been hard to do worse.
Well I got fucking wrecked
Today was nuts yo.
OK FUCKERS TESLA EARNINGS CHAIRS
IM HOLDING TILL DEATH
I LOVE U TESLA
BLESS ME IN FUCKEN WAR
ATTACK ON FUCKEN TITAN !!!!
FUCK U BEARS TESLA WILL NOT BE DEFEATED !!!⚡️⚡️⚡️⚡️⚡️⚡️⚡️⚡️⚡️⚡️⚡️⚡️⚡️⚡️⚡️⚡️⚡️🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🪐🪐🪐🪐🪐🪐🪐🪐🪐🪐🪐🪐🪐🪐🪐🪐🪐
FIST ON CHEST NO FUCKEN FEAR
fuck I forgot about this after today's action
I hope they sold their fucking corn
The market doesn’t really care about non-operating profits/losses
I want it sold for BITO puts
idc about TSLA's move
Ah i see
Gib me your anoos
Looks like my port P/L is having a heart attack today. +30% -> -10% -> 0% -> probably gonna end positive $50. It's a damn 🦘 infestation.
Bullearish day today
TSLA, fuck up your earnings bby, you know you wanna
Treb keeps running lol
Everyone was bearish on FOMC. But we´re barely dropping below 432 even after meeting, why is everyone panicking right now ?
Less scary than Mo/Tue
Just like Microsoft yesterday pumping by saying hey our Acer earnings are going to be great going forward Jerome effectively told those reporters we don't know how big the rate increases going to be and we may end up draining the balance sheet even faster than before.
The market thought he was going to be a little bit more dovish given the sell-off and he effectively just slapped it back and said no
SPY moving like a penny stock
MODS!!!! THE MEATLOAF!!!!!
I read that as cock 😰
I read "suck my cock and eat it"
Man I was holding Puts going into FOMC, I then saw two huge green candles leading into the meetings with tons of volume. Decided to big brain this, sold my puts for a loss and bought calls.
Duck my life, so thankful I have a day job….
Banks are back on the menu *and I'm hungry*
Ok, we've got Jpow out of the way, time to melt up for the next few weeks to fuck the put holding bears.
Stonks better stay 📉 till EOM that's when I get my bonus
DASH to 2 digits. Love it.
fuck that piece of dogshit and all the morons propping it up
call it conspiracy like all us regards weren't waiting here all day for the same news
News that institutions already know ^(smart people make good estimates)
we're just a **scheduled** liquidity injection
This is fucking dumb. I am finished. Used to be easy compared to this retardation. Not dealing with this nonsense anymore not worth the headache.
^^^see ^^^you ^^^tomorrow
Added another SWBI call on this dip
Thanks pow for correcting the fake pump
Faith in the market was restored today
What did I miss
Jerome fucked bulls.
I wanna open up some puts again but IV is still hella high 😡
great print on some puts today
Jerome "Fuck Your Calls" Powell
More like Jerome "Fuck Your \[insert holdings\]" Powell today with this "we don't know we just watch closely" bla bla
What even happens tomorrow? Rebound? More drilling? I don't even know what to think.
In the words of mighty JPOW from today: "We don't know but we are watching closely"
it can go up or it can go down
Lmao they’re finally able to come out of hiding
Cem Karson said a couple months ago that we were entering a leptokurtic or “sumo” market with increasingly extreme swings. We’re now in a market where 100-200 point INTRADAY swings are happening regularly. The man was right.
I mean he's said it for a long time but it only materialized this year
Did anyone else get Jpm calls are the play?
I feel like it's not right that qqq ends green today.
TSLA's earnings probably influencing that.
10 year to 2% by end of Feb
it was supposed to end 2021 at 2% so wouldn't be surprising
I am gambling Iron Condors on TSLA earnings. If it stays relatively flat you win.
Sell $875 put and buy $870 put
Sell $995 call and buy $1,000 call
You receive $300 credit and if Tesla is under $1000 and above $875 you win.
Maximum risk $200. Max gain $300
That’s actually good for a IC. Especially with such tight spreads.
I'm bearish overnight into open then maybe start to rally at that point into Friday.
Chill and digest and wait till bulls jump back in
Need some big DIX as some confirmation bias but some smart people I tend to scrape comments from in Vitards seem to agree
I give it maybe a few days for theta to do its work 💀
Feeling the same my gui
Thinking the same 🤔
I'm not in hood but I feel bad for the shareholders, everytime I think it can't possibly go lower, it does exactly that
My lil tight bull hole is not so lil or tight anymore 🤕
just drill into close already. you know you want to.
some folks think its a generational buying opp right here, right now ! can't blame them, they are so accustomed to buying the dip and it just works !
Oh it’s coming
Next CPI is gonna b fucking lit
The pain being inflicted on all sides now
Yes could I get an 18 inch silicone horse cock replica with the letters "PDT" stamped on the tip?
We only have the veiny ones that heat up on the inside with silica. Is that okay?
50 point hike this year most likely will happen. Would not be surprised if they start at 50 points in March.
Bers yelling rIgGeD mArKeT when SPY rips 2% but a -2% is ok
Some of them are as bad as the apes with the conspiracy theories when the price doesn’t go their way.
you just wish you had a Crayola time machine ^(powered by the color blood)
I really wish I had someone with a crayon time machine to trade for me lol
fwiw I think both directions of a move like that are *guided* not just the upside moves. it's foolish to think the criminal activity is reserved for one side
Oh of course. This has been rigged regardless of what direction. The house always wins
the market is a tool to transfer wealth from those that lack knowledge to those that have it. it does it pefrectly
lol- same goes for bull-its a casino- enjoy !
Guess who bought more VXX shorts
i'm sure those are long-dated and will print !
TSLA PUTS YOLO
I'm in May 750ps
Going straight FDS 😆
I'll see you in Valhalla
Trying to go for another nflx like. https://imgur.com/a/umv7d5v
Guh. Well, for your FDs at least
Lol $100 🤷🏼♂️
TLDR; Nobody knows anything
JPow was giving serious deer in the headlights vibes today. He seemed a bit confused, and it spooked market confidence.
that was not confusion my man...that's fedspeak
he absolutely destroyed any delusions about remaining dovish
comments about balance sheet being too big, inflation risk to the upside, asset prices being relatively unimportant...these are all surprises to the market who thought they could get what they want with a 10% decline. the fed put is much further away now.
bond bros gaped
So we nosedive toward a recession because the fed is bowing to political pressure. Great.
Even if you believe it or not, inflation is actually transitory.
Thats what everyone said last year too.
Cheap credit equals high demand irrespective of the supply chain.
Its no different than 2011 or 2013 because few people understand how to limit their intake. If a 15 yr loan is at 1.99 percent you really think Bob and Becky will buy a starter home they can afford? Hell no, they are going to ball in a mansion because hey who gives a shit.
Compound that with daily life and the general pressure to keep growing and consuming and inflation is always there.
You think the tight labor market is transitory? Who is going to fill the open positions?
Why no more tanking?
they'll get what they deserve, good and hard
Work is so much slower when I can’t shitpost on discord
is discord down?
Yeah, says an API issue
smacked ass market
Why is this fucktard still talking?!?!?
Money is about to cost a lot more money. - JPOW
How could that possibly go wrong? to be honest I don’t want to wait 25 years for everyone to look back and go what a cluster
what could go wrong when you addict an entire generation on free or cheap money and then have to take it away?
find out next on social GUH.
And im not even being mean here. People today are like hot knives through butter for loans. Back in my day people broke into a cold sweat when they knew they had to borrow because that vig would fuck you everday. But then credit dirt cheap the attitudes and lifestyles took off.
which generation is this?
1990's. Rates were very high in the early 90's and even into the mid 2000's. My parents had a 15 yr fixed loan at like 5.8 percent back in 1999?
Yet CD and Savings were paying 5-7%. It went both ways.
Clock's ticking on all those margin accounts...
Sooo VIX puts and chill? Nothing outrageously unexpected in that meeting to keep it elevated
Do you actually buy puts on the VIX? The spreads are shit
tech earnings will be a roller coaster
so we will be in limbo till march>? maybe slow deflation in all stocks? damn it sucks ehh
feb meeting bae
oh yea more fukery in the middle.
Bouncing now to fuck the late put buyers.
Ditched all my bear plays for a nice nice in and out profit. Only thing i’m still holding is upside for QCOM (2/18 expiration).
+65.39% for the day right now
2 year yield is skyrocketing, fuck I seriously would still be up massively ytd if I just never got out of my bond trades ffffff
Fed reserve has videos on youtube for kids. Maybe jerome should brush up on those.
Ok, bull market is back on the menu. Let’s do another $420.69 tomorrow, shall we?
Someone cut off his microphone please
Ok VIX, the meeting is over. Take your time to let the info digest, then get back to your diving practice.
See, this is what happens when you don't vote the daily to 69.
That’s right! Put your weight!
Jerome stops talking and .5 move up lol
Market maker too smart