STOCK MARKET: Let's talk stocks and investing

Down 3% this year even after today’s sweet rip up.

 

UAVS after hours action reminds me of the GOOD OLE GLORY DAYS (5-6 weeks ago, lulz).

 

on 19 Mar, when CRM was ~ 212/213

on 1 Apr, trading ~ 218, it is trending the right direction; the 215/210 PUT spread is in-the-money​

trading action has broken thru several resistance levels, the 50% retracement as well as the 20 dma;
the lagging indicator, parabolic SAR, has confirmed a change in trend to the upside​

just to make sure, send another scouting mission to test the temperature of the hot water,

sold another Apr 30 credit spread,

bto 212.7 PUT / sto 217.5 PUT, collecting $2 in advance, defining my max risk to be $3​

 

Things looking like they may end up red today

 

$ACY - had fun on it today. Rode it from the $5s to the $11s today. Sucker is on it's way to $14 as I'm typing. Might go even higher. I hate leaving meat on the bone.

 

Damn nice play. Why’s this stock popping off?

 

Check this out. stock has gone from $10 to $2.50 in less than a year. insiders keep buying (scroll to bottom of page) but it keeps tanking lol. oversold?

https://finviz.com/quote.ashx?t=wint&ty=c&ta=1&p=d

edit: nvm, big stock offering at $3.25 WITH a warrant. yucks.

 

I couldn't tell ya, lol. I just look for the big runners every once in a while. Last month was $EYES. I took a nice ride on it, lol.

 

my cup-w-handle candidate, top of cup ~ 297

FB appears to be forming the handle to the cup
the next ERS will be late apr, which could be the catalyst to pop
​

bought a 30-pt bullish CALL spread,

• bto Jun 290 CALL
• sto Apr 320 CAL, net cost ~ $16.05, my max risk
• max profit is $13.95

​

i see FB trading above 320 before its next ERS

 

National Football League agrees to data rights deal with Genius Sports

https://www.cnbc.com/2021/04/01/nfl...nt=Main&utm_source=Twitter#Echobox=1617308213

DMYD up 30%! One of the few SPACs i've been holding long term.

 

Greasy wheels. RH bros never forget.

 

I keep adding and sitting on oil and gas in my GAMBLING accounts of all places. ERX, XOM, MRO. Am I crazy? I feel like a boomer. I'm basically just an oil/crypto boy now in the gambling accounts. With a sprinkle of growth stocks.

 

From Investors Business Daily

• MSFT Stock formed a flat base over last six weeks with buy point of 246.23

• stock hit an all-time high of 246.13 on Feb. 16 before falling 9% during the market correction.

The next major catalyst could be the company's March-quarter earnings report, due in late April. Wall Street expects the Redmond, Wash.-based company to
earn $1.77 a share, up 26% year over year, in its fiscal third quarter. Analysts are forecasting sales of $41.03 billion, up 17%.

as per the bid/ask on straddles, the market is anticipating a 2+% move, >5 pts, in either direction​

 

April should be a good month. Mid caps have taken a big hit though

 

Man I missed this from being to hesitant to put my money in anything lately . Very nice

 

are we making millions this week or losing millions ??

 

MACD had crossed-over the horizontal line; the "W" is bouncing off the low trading channel.
the next resistance is @ 82, the 100 dma, then the 50% retracement level @ 83

next ERS will be~13 May

in view of these TA developments,

sold a 10-pt BULLISH credit PUT spread, 80/70---collection a $4 premium in advance---defining my max risk to be $6​

 

the handle to the coffee cup has formed; up, up and away

 

MARA @saitou

 

What do you guys thsi about the Coinbase ipo. Have less faith in it as a crypto exchange and more so of a bank