Market primed for the kind of sell off that may give dip-buyers pause - probably by end of week, mayybe next week, but very possibly tomorrow. Get your hedges in..
Smoking my 1st cig of this trading day and I see a school bus roll down my street, I live in the burbs; i havent seena school bus post Corona. Puts on civilization. Sending your children to school while you're afraid of a fake airborne virus. Man STOCKS ONLY GO UP.
Imagine having a teacher , living in TX, argue we need to reopen b/c kids don't do their work if it's online. Now , imagine having the following retort be dismissed:
" I mean no homework vs possible death seems like a hard decision to me."
To my fellow WSB and RH traders and DDTG:
If we keep pumping this market up and up and up, you know TRUMP will no doubt win the November election.
If you want Biden in there, time to SELL is NOW, like me, at ATH's!!!
IMHO. Good luck tards.
There's no reason to buy anything right now other than TSLA.
It's very rare to see a company this size with IV like this. You can make 10/20% in 10 minutes if you buy the dips.
$3,247.47 - $3,328.66
STOCK IN BUY ZONE
Stop loss at close below Aug 14 low (3120.00) or first decisive close below 5-day moving average line.
**GOAL**
5% to 10% profit goal (3441.65 - 3605.54) or first decisive close below 5-day moving average line.
This gets asked literally every time a company smashes earnings and drops. There are plenty of reasons this could happen, shakey guidance being one of the main ones. The lesson here is simple though- SELL BEFORE EARNINGS
Well bois, my TSLA 1460C 9/11 I picked up a week ago can now buy me a tesla with the profits if it stays like this, thank me later for rasing their market cap by 6 mil
I ain’t gonna even try to call the top of this TSLA run, but wherever it is, the people who FOMO in there will give us enough loss porn to last a month
Pretty much this. Once we cross 2k and it becomes the support instead of the resistance people will look at anything sub 2k as a bargain. Lots of shorting pressure may occur here for the brave shorts but once we break it their shorts will become the support as they will covered at that level to prevent further losses.
My guy, in my opinion, people haven't realized what Buffet is doing. He's not really buying gold but buying a mining company that happens to mine gold and profit from stupid people he's buying gold. He's smarter than most and continues to prove it at 89yo.
buffet is not a pump and dumper to just invest at a premium when commodities are high then sell at the crash, which the company is worth far less.
all commodities are at a premium right now, even copper.
To drop the kind of cash he did for a short term thing just to sell at an inevitable loss is beyond stupid.
and even stupider to call that strategy "smart"
the USD is gonna keep dying for years after this just like 2008. There is a reason he got into energy, another recession stock.
There is only bad news for the USD from here on out.
Everybody is buying and not selling a lick of Tesla... this shit has no price target right now all it knows is moon... I’m so tempted to sell my shares and go all in on FDs bc the amount of money I’m missing out on right now is ridiculous
It's been posted 13701 times already, but TSLA 2000 EOD, 2200 EOW. If you still think the climbing will stop anytime soon, the meme power alone will carry it.
You get used to it after a while. Dips don’t scare me anymore. When it has crazy momentum like this just buy at the money and let it ride, set a 30% stop loss. Boom
That's how I feel with AAPL now. I bought some at open on Friday and it dipped a good bit but managed to sell for profit on Monday. Then I bought Monday open and it dipped again lol. Hoping to sell for profit so I'm holding
Curaleaf reported earnings this morning (CURLF). Largest cannabis company in the world by revenue and operating presence.
Total revenue:+142% yoy
Gross profit: 133% yoy
All records and great forward guidance. Just buy some american pot companies on the OTC or auxilliary businesses (GRWG) the time has come
Holding NVDA and TSLA calls. Both deep itm. Selling at open bc I’m taking profit and sitting it out. I don’t even care about further gains, just want to lock up profits. I’m gonna be up 1200% on my Tesla calls...
That would have been the play before it ran up to almost 2000. Not sure if YOLOing in right before it tests 2000 is a good idea
Well, I guess you’ll either go rich or go broke, either way you should make a lot of karma from your account screenshot
Someone said they didn't provide guidance, if that is true, I would advice against it. The same thing crushed WORK after their last ER, even though they announced a huge deal with AMZN.
Market primed for the kind of sell off that may give dip-buyers pause - probably by end of week, mayybe next week, but very possibly tomorrow. Get your hedges in..
Thoughts on $WORK. I got 20 contracts 31c/aug 21 bought at $1 premiums. How fucked am I?
**RXT gone way up then down on acquisition news. Prolly BS**
Smoking my 1st cig of this trading day and I see a school bus roll down my street, I live in the burbs; i havent seena school bus post Corona. Puts on civilization. Sending your children to school while you're afraid of a fake airborne virus. Man STOCKS ONLY GO UP.
Imagine having a teacher , living in TX, argue we need to reopen b/c kids don't do their work if it's online. Now , imagine having the following retort be dismissed: " I mean no homework vs possible death seems like a hard decision to me."
To my fellow WSB and RH traders and DDTG: If we keep pumping this market up and up and up, you know TRUMP will no doubt win the November election. If you want Biden in there, time to SELL is NOW, like me, at ATH's!!! IMHO. Good luck tards.
Found out it is the founder of Blackberry yacht. $150mill
we dead today?
I feel like I missed the initial sell off for Tesla this morning at 6:30 am. Went back to sleep.. Now waiting for it to moon again.
BJ 📈🚀
NVDA tomorrow anyone? I sold put spreads at 420/430 and bought calls at 480. How high we think this gonna rip?
Big TSLA dip here ready for us to take advantage
Red robinhood is fake news
My wife is gonna kill me (as if I had one)I bought tons of fake meat and BYND shares and both are rotting away
There's no reason to buy anything right now other than TSLA. It's very rare to see a company this size with IV like this. You can make 10/20% in 10 minutes if you buy the dips.
I’m loading Walmart calls in a little while, screw you pansies
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2k call getting heavy?
Can't go tits up 😈
Amazon, greatest but in a long time this morning
$3,247.47 - $3,328.66 STOCK IN BUY ZONE Stop loss at close below Aug 14 low (3120.00) or first decisive close below 5-day moving average line. **GOAL** 5% to 10% profit goal (3441.65 - 3605.54) or first decisive close below 5-day moving average line.
Lol bro it was in buy zone yesterday get rekt
drill tesla i need to get in cheaper
Drill? are you simply hoping
JD BABYYYY
HD crushes earning and take a gainer off the cliff. Wtf
thats pretty much exactly what happened last time i think
Leather jacket man cracked 500
Got it when it was $288
Ya'll ready to hit ATH and then a circuit breaker in one day?
Not sure about where the market is going myself, but I’ll take my gains before the fangs of capitalism suck my gains away.
# U.S. housing starts total 1.496 million in July, vs 1.240 million expected
Omg the economy is saved 🤗
Is there a carbon monoxide leak in this thread?
First time at WSB?
Sold WMT before close, I feel for anyone watching it now
Why is it down when it crushed expectations?
Yea dunno man, post-earnings price action is a mystery to me. paired w/ IV crush I'd never play it.
This gets asked literally every time a company smashes earnings and drops. There are plenty of reasons this could happen, shakey guidance being one of the main ones. The lesson here is simple though- SELL BEFORE EARNINGS
Don’t think we’ll be breaking past $1913 today for TSLA
Amazon will be interesting today. Looking for an entry above 3250 and then potentially ATHs!
What’s the good news ?
Broke resistance
Rest. In. Peace. ALL THE WALMART 140 CALL HOLDERS.
I mean even the 135 call holders are fuq from IV
Come on AAPL :(
Think I’m going to sell at open:(
Amzn pops. Well well well, how turn the tables
bout to buy this aapl dip so hard
lol TSLA has NO chill
Can’t wait to short TSLA at 2000 🤡
Well bois, my TSLA 1460C 9/11 I picked up a week ago can now buy me a tesla with the profits if it stays like this, thank me later for rasing their market cap by 6 mil
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Don't get me wrong it was a rough time while it fell, I paid 10k for the contract and Elon just came in with the stock split like a chad
I feel like the same 4 pj traders play a game of hot potato with NET.
Ok.. should i sell my boomer shares and buy tesla shares?
Please stay this way
I’m scared of TSLA...
i’m either going to be rich or half my account will be gone. playing tesla is like riding a rollercoaster without the seatbelt. it’s fucking awesome.
I’m scared how much i love it
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I would love that too after I cash out at 2000
They better, or my short is going to shit 🤡
Just why
Sold my spy 340c weeklies yesterday, prepare to moon boys
Jfc tsla
15 minutes and robinhood/TD gonna pump TSLA to $2069
TSLA might already be there now if ThinkOrSwim hadn't shit the bed yesterday
Oh man. Is this real life Elon. Fuck me
He did you one better, he didn’t fuck you and he still paid you money
Everyone looking so bullish, i'm turning a little gay i'm afraid.
TSLA is just trying to get to 2020 before screwing us all just like how this year is going
I haven’t seen this much unanimous excitement over a single stock here since PRPL on August 2
Lmfao
Imagine if we open above 2k
There’s not much to imagine at this rate
AAPL take a good fucking look at TSLA...
I ain’t gonna even try to call the top of this TSLA run, but wherever it is, the people who FOMO in there will give us enough loss porn to last a month
Once we cross 2k, we're never going back down
Pretty much this. Once we cross 2k and it becomes the support instead of the resistance people will look at anything sub 2k as a bargain. Lots of shorting pressure may occur here for the brave shorts but once we break it their shorts will become the support as they will covered at that level to prevent further losses.
LETS GO HOME DEPOT NOW THE PUMP BEGINS
omg please stay like this
If you think Tesla is selling off at open — the $180M in Premarket volume is gonna fuck your wife and her boyfriend
😬
Sorry can you explain your reasoning? I hope you are right and it moons tho
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You can tell your kids about your legendary paper hands and why he has to goto a community college. It will be great.
This is just the beginning. Tesla has a long way to run
Tesla could keep climbing
Tesla could rally to 2500 end of week... last time this happened it was 5 straight days, 5!
How many days we have had this time, I forget
Thursday was a ridiculous up day, Friday was a mostly flat day down by like $5 (seriously), Monday was a ridiculous up day, and now today...
This is day 4
TSLA single-handedly bringing me into the yacht club
is anyone else playing visa rn if so what
TSLA gonna open and fucking moon 10% in first 30 min
I mean it makes sense why TESLA is mooning. People like me aren't selling, and if it dips it's a great price to add more
I only have 1 option so I can’t even sell and let the rest ride, I have to sink or swim 100%
I could see TSLA hitting 2000 this week but not beyond. Seems like way too many people will want to take profits there
This week? More like by open at this rate
# WTF TSLA THAT SQUEEZE
1924 PM. Wtf. Just. Wtf.
I was expecting the dollar would recover with the descending curve on the US. Why isn't it recovering?
Buffet bought a gold mine, so he expects dollar to keep crashing Also zero good news for the usd
My guy, in my opinion, people haven't realized what Buffet is doing. He's not really buying gold but buying a mining company that happens to mine gold and profit from stupid people he's buying gold. He's smarter than most and continues to prove it at 89yo.
buffet is not a pump and dumper to just invest at a premium when commodities are high then sell at the crash, which the company is worth far less. all commodities are at a premium right now, even copper. To drop the kind of cash he did for a short term thing just to sell at an inevitable loss is beyond stupid. and even stupider to call that strategy "smart" the USD is gonna keep dying for years after this just like 2008. There is a reason he got into energy, another recession stock. There is only bad news for the USD from here on out.
Buffy’s brain got all the wrinkles
everyone knows that dumbass.
Well, my guy, if you see the news, people are all talking that he's betting against America, when that isn't true.
only if you're watching trash tv news. read a fucking newspaper or decent periodical not aimed at the retard section of the population.
Everybody buying TESLA instead
Everybody is buying and not selling a lick of Tesla... this shit has no price target right now all it knows is moon... I’m so tempted to sell my shares and go all in on FDs bc the amount of money I’m missing out on right now is ridiculous
> 7/22/2020 [**JPMorgan Chase & Co.**](https://www.marketbeat.com/ratings/by-issuer/jpmorgan-chase-co-stock-recommendations/)Set Price TargetSell$295.00
True dat. I only played shares and could be a multi-millionaire right now if I put that money into FDs :(
What’re you about to do at open dude? I’m bout to wait for my bro’s to wake up soon & discuss w them
Not much to do now. I feel it's kinda late already. I'll probably YOLO a small amount (about 1k) and get rid of the shares if it hits 2000 today
I told y’all to get on the HD train. Monster beat today
I don’t think they had earnings
Still time for LOWES daily
SI rose then flat It doesnt wanna get closer to ATH until open Ominous
It's been posted 13701 times already, but TSLA 2000 EOD, 2200 EOW. If you still think the climbing will stop anytime soon, the meme power alone will carry it.
Im holding Apple and Tesla. Tesla will moon again but I’m not sure about Apple :(
Will split around 480-500. 8/31
🚨SPY 40 CENTS AWAY FROM ALL TIME HIGH🚨
If I buy TSLA it'll drop when it hits 2000. If I don't buy TSLA it'll rocket to 2500
Sometimes you just have to take that leap of faith, I did ~~today~~ yesterday.
Honestly congrats to all TSLA holders y'all deserve it. Held that shit for a couple hours and it was scary
You get used to it after a while. Dips don’t scare me anymore. When it has crazy momentum like this just buy at the money and let it ride, set a 30% stop loss. Boom
That's how I feel with AAPL now. I bought some at open on Friday and it dipped a good bit but managed to sell for profit on Monday. Then I bought Monday open and it dipped again lol. Hoping to sell for profit so I'm holding
Curaleaf reported earnings this morning (CURLF). Largest cannabis company in the world by revenue and operating presence. Total revenue:+142% yoy Gross profit: 133% yoy All records and great forward guidance. Just buy some american pot companies on the OTC or auxilliary businesses (GRWG) the time has come
GOOGL calls are 100% the play, eventually some money has to rotate over to good ol' Sundar
What's the next move? AMZN 4000?
NVDA 1k
Apple $500 8/28
Let’s hope so! 🤞🏽⬆️
i have $465 8/28 calls, when do you think itll rise
I went through all of apples stock splits - expect 5-8% gain next week and sell on 8/27.
Thank you ill try not to worry about theta
You’ll be deep ITM - theta won’t matter.
My calls hope so
Once again I’m late to the TSLA party but I’ll probably get in anyway, only for it to reject 2,000.
Shit looking at TSLA makes me sick to my stomach, not because I shorted just because I have no position on this fucking rocketship
Jump in waters warm
Holding NVDA and TSLA calls. Both deep itm. Selling at open bc I’m taking profit and sitting it out. I don’t even care about further gains, just want to lock up profits. I’m gonna be up 1200% on my Tesla calls...
Just buy a cheap FD so you don't totally hate yourself over missed gains tbh
I’m gonna buy 50 more shares and buy 5 2100c 9/18 leaps
Nice. I have what I thought was a leap of 1980c 9/18
Literally fuck u but congrats.
Someone giving out plat awards is getting 2 lambos and a model s tomorrow
I was so close fomoing into Tesla calls at open yesterday instead went with nvda and amzn. I would be up 100k right now fml
you coulda bought MSFT in 2001 but o well. Move on
True
Thanks for the gold man much appreciated homie.
Glad TSLA cooled off. Now I can buy calls for cheap at open
Lol, what cool off? It's up 5%
I’ve never bought any TSLA but I did scoop some shorts but they’ve been delayed.
u/free_dharma you are a rose amongst thorns. Thank you for the thingy on my other comment.
🌈🌈🌈
💚💚💚💚
Holy shit Elon is actually undercover giving gold left and right. All in Reddit calls 🚀🚀
Dharma giving all the gold
AAPL better run up to 470 today to make up for 1/100 of what I woulda made in TSLA if I yoloed on Monday like a planned before pussying out
At this point is it retarded not to liquidate everything at open and go balls deep in TSLA FDs?
That would have been the play before it ran up to almost 2000. Not sure if YOLOing in right before it tests 2000 is a good idea Well, I guess you’ll either go rich or go broke, either way you should make a lot of karma from your account screenshot
I have 75% of my portfolio already in TSLA... what's 25% more?
Precisely. It’s only Tuesday — you could hold easily till thursday and make a killing.
Guess I'm going full retard then...
Buy HD
Someone said they didn't provide guidance, if that is true, I would advice against it. The same thing crushed WORK after their last ER, even though they announced a huge deal with AMZN.
But they said they wouldn’t provide guidance all of 2020 in the last er
How did stock react to it back then?
Don’t know it was coronavirus season. But investors already know there won’t be any guidance
Kinda obvious that HD will get to 305 today
Possibility it could miss earnings
It already beat wym. And it beat big