Futes green, bers questioning their existence 
winnerchamp on
where can you guys see futes?
ilovethewayyousmile on
Everyone here thinks everyone in here so bearish. You know what that means
Disastrous_Win6760 on
$LCID earnings!!!! LFG!!!
sebach22 on
Can yall go buy boner pills so my hims calls don’t go to shit?
UtahItalian on
!banbet SPY 523.28 1d
LongJohnBitcoin on
Corn has resumed the dump that’s not goodÂ
thezenunderground on
I think if we take Friday at face value, we need to expect that the market is going to act in preparation for a recession, regardless of whether one is coming or not. I of all people am hoping for a gap fill reversal of the spy, early in the week, but I think until we establish any kind of real upward momentum, any price movement of the indices needs to be viewed in the framework of establishing a higher low. Evidence:
– The vix rose above 20 friday, anything above an 18 generally signals a more meaningful drop than a simple correction
-The SPX and NDX not only are losing the moving averages, but they now seem to be acting as resistance, and the selling action is coming in on skrong volume.
-The RSI on SPX, QQQ, and DIA are all in beatdown territory, but still not oversold by any means
– The sectors that did the best on Friday were TLT(long dated bonds), Utilities, and Real Estate. This is classic defensive posturing.
– We actually saw the KRE(small banks) and oil stocks tank. One would think in a rate cut environment, this would be bullish for these stocks, but only in an economic environment is strengthening and consumer spending is increasing.
And if we look at these technical indicators, we have to ask if the macro-data is backing up the movements. Jobs data missed completely, coming in at 114k instead of the expected 175k, indicating the economy is weakening. Big tech revenues are coming in light weight.
I do think its important to realize that these giant moves are made by hedge funds, who have very different priorities than the average retail trader/investor. Do I think its time to sell everything and go to cash/bonds. No not yet. But I do think it’s important to realise that this card is now on the table, and to make decisions within the framework of a recesssion being a possibility.
There are some real line-in-the-sand moments moving forward. Both SPX and NDQ are approaching major structure on the weekly time frame. Right now, as shitty as everything has been, we are still in an uptrend. Hell, the weekly SPY chart is just now putting in its *first* red bar on the MACD. What we don’t want to see is the monthly charts start to put in lower highs/lows.
In the meantime, I’m gonna be selectively buying the dips, holding on to core positions, trimming some fat and putting it into the TLT and boring boomer companies like Procter and Gamble. I’m expecting tech to not have a good time moving forward, but I’m also not selling those positions until we get clear indicators that shit is going to stay bad for the foreseeable future.
deepFnButthole on
I’m pretty tired but I got to hit the snatch. ill be back
StockholmStock on
Iran just flew over my house
uselessartist on
ASTS AKA ASSTITS
King-Doge-VII on
NVDA will be the one stonk that stands strong through the incoming Greater Depression. M@rk my words, regards. NVDA will lose some battles yet not the war. Gray Bers will pick off dollars here and there, but by the end of the year Jensen will be jizzing and NVDA bag holders will be rejoicing.
NVDA $150 EOY, recession or no recession, bers will be fk and bulls will be rich
JusticeBrennanBurner on
I’m literally the most regarded permabol in the world and even I know how obvious  tomorrow is
38 Comments
O calls gonna make me show my O face.
NVDA to $50 🙌🙌🙌🙌
I’m getting all the olympics results by osmosis from Reddit comments.
PLTR buy from Buffett before earnings tomorrow, a man can dream…
Bruhs all these trailers ruining the movie
SPY is bear-curious right now
Trump says he has ‘no choice’ but to support electric vehicles because Elon Musk ‘endorsed me very strongly’
https://www.businessinsider.com/trump-electric-vehicles-elon-musk-endorsement-2024-8?utm_source=reddit.com
Women beach volley might me the best sport ever
If war breaks out in the Middle East, puts on oil and calls on LMT?
Let’s just say, I’m not going to be tipping for a while. 😎
Women’s beach volleyball should be the only sport in the olympics
All in on LINE
Lady Gaga don’t make a good Harley tho
Putting everything on red
Prediction for tomorrow August 05, 2024
AAPL: $205 – $207
NVDA: $92 – $94
SPY: $502 – $503
If not Black Monday then Black Tuesday when everyone and their grandmas hit the panic button.
I already took profits. Now slowly DCA’ing back in over next 18 months evenly.
Puts on europoor land
I just thought of a foolproof way to make money in this market. I’m not telling you regards though 
Everyone in here so bearish. You know what that means
OPEN THE CASINO!!!!!
SPY will open down -10% tomorrow
Cyber Monday always follows Black Friday. Remember.
*The white bikini USA beach volleyball team is quite watchable. I approve this broadcast.*
FTSE 100 puts look juicy 
Hey man if it drops it’ll make calls/leaps cheap
Futes green, bers questioning their existence 
where can you guys see futes?
Everyone here thinks everyone in here so bearish. You know what that means
$LCID earnings!!!! LFG!!!
Can yall go buy boner pills so my hims calls don’t go to shit?
!banbet SPY 523.28 1d
Corn has resumed the dump that’s not goodÂ
I think if we take Friday at face value, we need to expect that the market is going to act in preparation for a recession, regardless of whether one is coming or not. I of all people am hoping for a gap fill reversal of the spy, early in the week, but I think until we establish any kind of real upward momentum, any price movement of the indices needs to be viewed in the framework of establishing a higher low. Evidence:
– The vix rose above 20 friday, anything above an 18 generally signals a more meaningful drop than a simple correction
-The SPX and NDX not only are losing the moving averages, but they now seem to be acting as resistance, and the selling action is coming in on skrong volume.
-The RSI on SPX, QQQ, and DIA are all in beatdown territory, but still not oversold by any means
– The sectors that did the best on Friday were TLT(long dated bonds), Utilities, and Real Estate. This is classic defensive posturing.
– We actually saw the KRE(small banks) and oil stocks tank. One would think in a rate cut environment, this would be bullish for these stocks, but only in an economic environment is strengthening and consumer spending is increasing.
And if we look at these technical indicators, we have to ask if the macro-data is backing up the movements. Jobs data missed completely, coming in at 114k instead of the expected 175k, indicating the economy is weakening. Big tech revenues are coming in light weight.
I do think its important to realize that these giant moves are made by hedge funds, who have very different priorities than the average retail trader/investor. Do I think its time to sell everything and go to cash/bonds. No not yet. But I do think it’s important to realise that this card is now on the table, and to make decisions within the framework of a recesssion being a possibility.
There are some real line-in-the-sand moments moving forward. Both SPX and NDQ are approaching major structure on the weekly time frame. Right now, as shitty as everything has been, we are still in an uptrend. Hell, the weekly SPY chart is just now putting in its *first* red bar on the MACD. What we don’t want to see is the monthly charts start to put in lower highs/lows.
In the meantime, I’m gonna be selectively buying the dips, holding on to core positions, trimming some fat and putting it into the TLT and boring boomer companies like Procter and Gamble. I’m expecting tech to not have a good time moving forward, but I’m also not selling those positions until we get clear indicators that shit is going to stay bad for the foreseeable future.
I’m pretty tired but I got to hit the snatch. ill be back
Iran just flew over my house
ASTS AKA ASSTITS
NVDA will be the one stonk that stands strong through the incoming Greater Depression. M@rk my words, regards. NVDA will lose some battles yet not the war. Gray Bers will pick off dollars here and there, but by the end of the year Jensen will be jizzing and NVDA bag holders will be rejoicing.
NVDA $150 EOY, recession or no recession, bers will be fk and bulls will be rich
I’m literally the most regarded permabol in the world and even I know how obvious  tomorrow is