Hey Nerds: Blockchain

[CH1]

scalping AAPL on the short side

 

[CH1]

AAPL took my lunch money. Back on the sidelines (this time for real) until JPow.

 

[Preston]

Man my JPow posts of a month or two ago aged real fucking well. Dude controls everything.

 

[wolverine88]

I bled today and yesterday, not doing much until tomorrow

 

[LeafOfFaith]

So I read an article today that has spooked me off of the banks (not enough to have sold Citi if I'd kept it where I bought it, but enough to not want to buy it at these levels). It also paints a potentially scary picture of the broader recessionary developments in play. I was able to read the whole thing on FB, so unless you have a subscription to the Atlantic, you may need to find it elsewhere, but worth a read for sure:

https://www.theatlantic.com/magazine/archive/2020/07/coronavirus-banks-collapse/612247/

 

[CH1]

Pow Pow keeping rates low until 2022. Great for my gold/silver positions.

 

[CH1]

small caps gave up all their pow pow pop

 

[Preston]

small caps gave up all their pow pow pop

Every time I see a JPOW pop or sell off, I'm on full on caution mode. I think you said it in the past.. .The JPow fakeouts can be FIERCE. And really they're more common than not.

 

[CH1]

I caught a nice swoosh

 

[Preston]

I'm having a good timing watching the show. Entertaining stuff.

 

[CH1]

bulls need 3190 area to hold again

 

[CH1]

GDX grinding higher...eluding the chopfest

 

[CH1]

small caps (IWM) telling it like it is

 

[CH1]

nice close for bears, but I've seen Fed Day +1 reverse. 3175 on ES will be my signal tomorrow

 

[Preston]

The range on the SPX weekly candle is a mere 52 points. Looking at the past weeks, we are owed another 40ish points of range - thats either 3140 or 3273. Presto has his popcorn ready after eating a mother fucking gorgeous amount of wings for dinner.

 

[Preston]

Fun fact that I just found out today on an account that I never open. I have a baby amount of APHA in my RRSP with a 4.24 average.


Okay it's not that fun really. But for all the shit talking I do about APHA I'm not sure why I have any. All I do is shit talk them. I won't sell though. It's small enough that if they somehow one day get yuge, I will do well.

 

[CH1]

Fun Fact: I sold my APHA calls today. 80% mover, so I rang the register. But I will look to buy dips on APHA.

 

[Preston]

RIP

 

[CH1]

Covered some SPX shorts at 3102. Was looking at 3100 target but didn’t think it would happen overnight.

 

[Preston]

You know as soon as I saw buyers come in after JPOW's remarks I got a weird feeling that those buys would result in bigly regrets. Now I didn't make any plays because it truly felt like a casino yesterday and it was just a hunch more than anything... But man. Would suck to be balls deep in calls right now.