Boiler Room: The Official Stock Market Discussion

[bnew]

GME late to the worthless NFT party. That party getting robbed right now. Reminds me of Ashy Larry showing up to the dice while it was getting rob.

$855,094.64 in NFTs traded 9-10 hours after launch.

Stats | GameStop NFT

Power to the players

nft.gamestop.com

 

[chineebai]

the banking thing in china is worthy to pay attention to where they limit bank withdrawals. Can trigger a massive credit crisis.

 

[greenvale]

the banking thing in china is worthy to pay attention to where they limit bank withdrawals. Can trigger a massive credit crisis.

no wonder they buy up all our real estate to park their money

 

[JetFueledThoughts]

Probably sitting on my hands today, just off the principle that I’ll prob get anything for cheaper tomorrow once the CPI data comes out

 

[BlaxOps]

AMZN printed again this morning. I bought puts on the morning pop. Im out for now.

 

[chineebai]

lots of upcoming econ data. this market is meant to take money away from the impatient. It is not a swing market, it is a chop market right now. It is best to sit on hand until a better direction comes along. With that said, got some qqq puts yesterday that paid 15%. Scale out half, raised stops.

 

[chineebai]

still true today. Buyers not stepping up as they should. Still in sell mode, albeit very choppy so it can easily go the other way. sp500 is also in a clear h&s on the hourly chart, i mean it's such a clear pattern. Lots of names are also in a more dominant bearish trend, like msft.

buying some puts on qqq for next friday expiry. just my opinion. I don't think buyers stepped up today to regain control of the action from last week. Tight stops of 10% loss.

 

[chineebai]

quiet choppy day. Can't emphasize enough that during these types of days, best option is to sit on your hands. One quick turn and you're screwed.

 

[BlaxOps]

quiet choppy day. Can't emphasize enough that during these types of days, best option is to sit on your hands. One quick turn and you're screwed.

Agreed. Lately, if you don't have a play within the first hour you are pretty much done for the day.

 

[chineebai]

still true today. Buyers not stepping up as they should. Still in sell mode, albeit very choppy so it can easily go the other way. sp500 is also in a clear h&s on the hourly chart, i mean it's such a clear pattern. Lots of names are also in a more dominant bearish trend, like msft.

MSFT below 255 won't be good. getting some puts if it can close below there.

 

[chineebai]

MSFT below 255 won't be good. getting some puts if it can close below there.

look at that slight bounce off 255 level. Let's see how this plays out throughout the day. Good short candidate.

 

[chineebai]

look at that slight bounce off 255 level. Let's see how this plays out throughout the day. Good short candidate.

convincing reject off 255, damn look at it go.

 

[chineebai]

still true today. Buyers not stepping up as they should. Still in sell mode, albeit very choppy so it can easily go the other way. sp500 is also in a clear h&s on the hourly chart, i mean it's such a clear pattern. Lots of names are also in a more dominant bearish trend, like msft.

This is why big boys always eat, sellers stalled a bit to let the market go up and sideways, and then sold into it.

 

[JetFueledThoughts]

Cue the end of day selloff now

 

[chineebai]

if AAPL starts to sell off like msft or tsla, it's gonna be very very ugly