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What is really crazy from today is that bond yields also rose significantly. VIX is now down below 33. I dont think we are going to see 2500 again, much less a retest of lows. Too much money out there.
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Apr 27, 2020 21:12
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Bough a small amount of SPXS near the top today because I believe we're gonna gravitate back to the 2800 line soon. If we hit the 2900-3000 or beyond, I guess I'm no good at predicting this 
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Apr 27, 2020 21:12
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Cheesemaster200 posted:Too much money out there. I think this is a big part of the equation. Tons of money out there, and almost no where to put it other than the market. https://twitter.com/markets/status/1254821395080589313?s=20
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Apr 27, 2020 21:16
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Inner Light posted:What's with the huge MOC buy numbers causing a red candle, isn't it selling that does that? There were four tweets posted here, and more that weren't posted here, and were all over the map quantitatively (although all the ones that I saw were the same directionally). Nobody knows how "huge" the daily MOC reset actually is.
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Apr 27, 2020 21:16
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saintonan posted:There were four tweets posted here, and more that weren't posted here, and were all over the map quantitatively (although all the ones that I saw were the same directionally). Nobody knows how "huge" the daily MOC reset actually is. this seems authoritative? https://marketchameleon.com/Reports/StockOrderImbalanceReport ~$120m to buy today but that's delayed 15 minutes, so I don't know what feed the live tweeters are using for their info
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Apr 27, 2020 21:21
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Still in NAT, the CEO went on Jim Cramer last Friday and pumped like crazy. Up 23% on 12x avg volume, 61M shares changed hands, the whole float is 142M. Seems sustainable.
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Apr 27, 2020 21:25
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Cheesemaster200 posted:What is really crazy from today is that bond yields also rose significantly. VIX is now down below 33. Absent another shock, I think you're right. One of those shocks might be a red state early open flareup, if such a flareup even gets reported.
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Apr 27, 2020 21:43
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Ola posted:Still in NAT, the CEO went on Jim Cramer last Friday and pumped like crazy. Up 23% on 12x avg volume, 61M shares changed hands, the whole float is 142M. Seems sustainable. hello fellow tanker bro Yeah, the NAT move is pretty dumb, and I've seen promo articles pop up in a couple different places now. It's probably the worst of the bunch and there's no good reason it should be running so much further than DHT or EURN... but it's worth noting that the RobinHood boys are piling into this, and that might be all the difference. I may just be a little sore because this is the only tanker play I wrote calls against, and it has since outperformed all of them 
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Apr 27, 2020 21:46
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So looking at strangle spread OHLC prices on 0DTE ATM SPY at 3:49 and 3:50 respectively:code:But if I could get a fill at .75 to enter and .83 to exit I'd be real happy with that. And with a minimum bet of $75 I think I'll try and play it Wednesday.
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Apr 27, 2020 21:47
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This was interesting but I definitely need to read it slower to try and understand all the concepts. https://twitter.com/HedgeDirty/status/1254767346784313344?s=20
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Apr 27, 2020 21:55
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Let me clarify, you’re essentially going to buy a strangle at 3:49 and see if the 3:50 jump/drop does anything? Would this be an option expiring one day out?
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Apr 27, 2020 21:57
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MomJeans420 posted:This was interesting but I definitely need to read it slower to try and understand all the concepts. Oh yeah, saw that earlier on EFT. It veers into some dark places (dark!) but was kinda funny about problems with shorting trash businesses.
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Apr 27, 2020 21:57
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Agronox posted:... but it's worth noting that the RobinHood boys are piling into this, and that might be all the difference. Yes, that's what I assumed would happen after the TV pump, but that volume though... No matter, I'm gonna sit it through at least until the Q1 earnings and first dividends, then we see how long this thing lasts.
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Apr 27, 2020 21:58
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So this is a presentation given last Friday by DC Health (Washington DC's health dept) https://coronavirus.dc.gov/sites/default/files/dc/sites/coronavirus/page_content/attachments/Situational%20Update%20Presentation_042420.pdf Slide 11:  Not sure if this affects people's calculus in any way, but I thought it was interesting.
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Apr 27, 2020 22:04
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MomJeans420 posted:This was interesting but I definitely need to read it slower to try and understand all the concepts. Let me help you with that: https://threadreaderapp.com/thread/1254767346784313344.html
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Apr 27, 2020 22:06
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That is a useful site and I like it. Thank you.
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Apr 27, 2020 22:12
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Dumb question: If a price has an 's' after it, is trading stopped? That is my assumption, but I can't find a glossary or anything that tells me. WTI futures CLM20 is showing an S on my one chart tool, but not at my brokerage or my other chart.
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Apr 27, 2020 22:21
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mr.belowaverage posted:Dumb question: If a price has an 's' after it, is trading stopped? That is my assumption, but I can't find a glossary or anything that tells me. Is it showing you $12.78? That's today's settlement price.
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Apr 27, 2020 22:24
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poisonpill posted:Let me clarify, you’re essentially going to buy a strangle at 3:49 and see if the 3:50 jump/drop does anything? Would this be an option expiring one day out? Buy at 3:49 and immediately put in a limit order to sell for the targeted exit. Either the sell trips during 3:50 because of the bot move, or you exit at 3:51 at the natural limit. It would be an option expiring in the next ten minutes. edit: two options
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Apr 27, 2020 22:41
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Let me know how it works!
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Apr 27, 2020 22:46
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I screwed around with a 0DTE SPY $288 put today that I bought at 3:45 PM and sold at 3:55 for 36%. Had I held to near 4 PM it shot up by around 100% of my entry price. Kinda fun to screw around with if you call the swing correctly, but I need to play around with Etrade's sale types a little more to figure out how to quickly enter an exit strategy like Dwight Eisenhower described.
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Apr 27, 2020 23:14
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he's having fun with $USO  from the negative contract day lol https://twitter.com/BagholderQuotes/status/1252384848762691593 and in general https://twitter.com/BagholderQuotes/status/1253121829042085890
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Apr 28, 2020 01:04
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I threw fifty bucks into USO today because it’ll either go to zero or a hundred
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Apr 28, 2020 01:07
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USO now converts to dogecoin. They just changed it this afternoon.
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Apr 28, 2020 01:13
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https://twitter.com/tracyalloway/status/1254938167376924673
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Apr 28, 2020 02:00
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S&P will not be outdone by no hogs. Overnight double triple limit down on /ES
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Apr 28, 2020 02:09
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poisonpill posted:I threw fifty bucks into USO today because it’ll either go to zero or a hundred Oil down to $11.
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Apr 28, 2020 05:00
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How long can USO survive like this.... indefinitely? I want to throw more money in the dumpster fire, somebody help and slap me in the face
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Apr 28, 2020 05:41
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skipdogg posted:I think this is a big part of the equation. Tons of money out there, and almost no where to put it other than the market. So what happens once other investment options start to look more attractive? Selloff to move cash into other areas?
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Apr 28, 2020 05:45
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SirPablo posted:So what happens once other investment options start to look more attractive? Selloff to move cash into other areas? Taking a big stake like this usually means you sell off in a controlled manner, you are big enough to have an effect on volume so if you are winding down something like this you won’t just go to your broker and do a market order to sell a million shares. It will get sold as a block to someone else who wants a big stake in that company or trickled back into public markets if/when things get better. Assuming that other investments doesn’t include the now recovered asset that you took a position in under favorable terms when they desperately needed cash to tide over their otherwise functional business.
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Apr 28, 2020 06:07
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 Pretty sure we only had one new entrant.
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Apr 28, 2020 06:12
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Also unless I'm missing something John F Bennett is currently in the lead since we opened up at 2854.65
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Apr 28, 2020 06:22
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What's the inverse goon ETF? I'm going to throw in on that.
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Apr 28, 2020 06:29
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HSBC reporting Q1 earnings missed estimates by $500m https://www.reuters.com/article/us-...s-idUSKCN22A0EF quote:Profit before tax came in at $3.2 billion for January-March, down from $6.2 billion a year ago and below an average analyst forecast of $3.7 billion compiled by the bank.
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Apr 28, 2020 07:25
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reignofevil posted:Also unless I'm missing something John F Bennett is currently in the lead since we opened up at 2854.65 It's still early, anything can happen. We might even see S&P down to 2 like user Drunken Officeparty thinks.
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Apr 28, 2020 09:40
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nah the absolute bottom would have been 929.3 if the third -20% breaker was triggered every trading day this week (now theoretical week low is 1177.13)
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Apr 28, 2020 09:58
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John F Bennett posted:It's still early, anything can happen. We might even see S&P down to 2 like user Drunken Officeparty thinks. May the best man win.
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Apr 28, 2020 11:18
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Left some overnight OTM 2900 calls open on /ES  They still have another day on expiry so I'm just gonna let it ride
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Apr 28, 2020 12:51
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SirPablo posted:What's the inverse goon ETF? I'm going to throw in on that. I think it's just SPY.
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Apr 28, 2020 12:53
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Just saw futures above 2900, lol.
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Apr 28, 2020 12:54
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