Boiler Room: The Official Stock Market Discussion

[Serious]

did anyone notice that the NY FED said we need to go to at least 6% and stay there for years? O that's right, it didn't get much coverage in the media, I wonder why. lol

I just saw what the STL fed said:

Fed's James Bullard pushes for faster rate hikes, sees 'good shot' at beating inflation

Bullard told CNBC that a more aggressive rate hike now would give the FOMC a better chance to bring down inflation.

www.cnbc.com

 

[chineebai]

Tsla vpoc at a big spot right here from 196-190. Might be a good short imo.

 

[Rickdogg44]

@BlaxOps @chineebai

What do we think of double doji on $DVN

 

[chineebai]

@BlaxOps @chineebai

What do we think of double doji on $DVN

levels to pay attentiont to - 59, 62.50, 64.50, around 64.50 is where there's a lot of price vibration, think of that as the over under, over means bullish, under means bearish.

So now it's at 54, you can ride it up to 59 with a tight stop at 52 IMO. Always have a plan. Just my opinion.

 

[BlaxOps]

@BlaxOps @chineebai

What do we think of double doji on $DVN

Adding to @chineebai
If you were trying to ride it up and didnt get in @53, I'd wait until a break and retest of 56.50.
If shorting, get cautious at $49.
Also, the highest level of price action (buyers) according to the volume profile is $24.14.

 

[greenvale]

 

[dora_da_destroyer]

ALTX going up, on a Thursday , I'm out of the red

 

[chineebai]

Brought some lazr commons

 

[Silky Johnson]

So is there anybody that cares about valuations anymore?

 

[chineebai]

So is there anybody that cares about valuations anymore?

Someone wise told me the algos never cared for valuation

 

[Silky Johnson]

Someone wise told me the algos never cared for valuation

School me? How does that work?

 

[chineebai]

School me? How does that work?

Algos have no concept of cheap or expensive like human traders with emotions. Algos don’t say buy the dip just cuz it looks cheap. They are trading flow which creates volatility which arbitrage small deltas which extracts money out of the market.

 

[Doomsday]

These recent events only add to my confirmation bias that any time a stock gets hyped up, there's folk watching that will snitch to the puppet masters and fukk shyt up for the commoner.

 

[Silky Johnson]

Algos have no concept of cheap or expensive like human traders with emotions. Algos don’t say buy the dip just cuz it looks cheap. They are trading flow which creates volatility which arbitrage small deltas which extracts money out of the market.

So all this volitilty is caused by bot trading?


I'm finna to holla at bing to write one for me

 

[ahomeplateslugger]

So is there anybody that cares about valuations anymore?

valuations will eventually matter. the volatility and huge swings is all due to the fed. once they are done manipulating the market then things will settle down and valuations will be a factor again.