@Mr_Derivatives Not a terrible reaction… Definitely a bit of clearing probably a bit of margin compression and call liquidation but without a big Vix response still seems OK for the moment. People don’t remember how to be fearful!
Japan spent a record ¥11.7 trillion (about $74 billion) on foreign-exchange intervention during the reporting period April 28–May 11 when the USDJPY got over 160. It didn’t work out to long 🕰️.
@RealJGBanks I think most miss the point he means is that if they hit $1T then NVDA likely hits $10-15T in same time period considering their ownership in equity of a complex of companies and partnerships we are just starting to see.
@Mr_Derivatives Let’s hope most of this is liquidity gathering for the IPO madness ahead of us…. There is no chance the rest of the market isn’t impacted shortly, but hopefully this will offset it a bit and minimize the damage about to be done!
@StealthQE4 Not odd if you look at the flows, it’s absolute rebalance. If you were waiting for it barring any news, you could’ve easily made a few points come Monday open and I think it’s gonna be even bigger given Jensen speech on Sunday night…
@t3live@epictrades1 If not assigned pre-trade its exit liquidity as the lock up guard rails are weak. They’re already some of the biggest companies in the world… will draw unwise amounts of $ from existing positions to chase using old IPO logic and bring both down. The pops will fade hard I believe
@MichaelPBento You have a much smarter/technical reason than I! But I agree on nothing more than exuberance. Even without an exogenous event or even a predictable event… Euphoria in certain pockets seems to be a bit overdone and hitting a market construct wall that wants to push back firmly.
@epictrades1 Agree. While short term likely overbought - things feel a bit more healthy. We’ve come perhaps a bit too far too quick and if we continue to run into Wednesday’s prints, I will continue to take some chips down just for a reset.
@Merridew__ Agree… There’s definitely some money movement waiting on something. Right at the peak of the midday sell off was big volume mid month QQQ call buying made almost at the exact daily tape bottom.
@Banana3Stocks@EdgarElope I am pretty sure you called it even earlier! And I remember a couple folks adamant it was going the other way! I’m still holding a bit of the Aug 21 - 410s. Cheers brother.
Un tipo grabó miles de conciertos, los digitalizó y los subió a https://t.co/XTTG4p0CIE para que cualquiera pueda escucharlos.
Para esto se inventó internet, para compartir y no para hacer videos abriendo paquetes de Temu, pelotudxs de mierda.
https://t.co/p9kAC9fRKC
@Banana3Stocks@Millyonic Agree. it’s been one of my largest holdings for many years and when it hits that 200 day I always add more shares. It’s a permanent compounder and agree with your strategy and have done similar. Bought some leaps and some shorter calls through end of the summer.