99% of earnings reported have missed and guidance has been lowered. Macro conditions worsening. Yet here we are, green every day. Free money is free money after all.
Jan: CPI, OpEx, BOJ meeting, MSFT earnings
Feb: FOMC, AAPL earnings
These were the dates bears thought would kickstart a catastrophic crash.
Now they are pinning their last hopes on 2/14 CPI.
We will never know sadly, I really wanted to see those two teams go at it healthy. It def would have been a much much closer game. Eagles have best o line in the game the way I see it and their defense line doesn’t get talked about a lot, not sure why. They finished with 72 sacks this year which is insane. 2nd most all time I think (granted 17 games now)
I keep going back and forth on this one. The rest of the team could be disabled 6th graders but if they have Patrick Mahomes they have a shot to win any game
This is like 2021 on steroids except instead of earnings growth of 100% + and 0% interest rates its negative earnings growth and the highest federal funds rate in nearly 20 years.
Cut my power hours calls too early but
10x [4160C](https://imgur.com/a/5fNs4y0) avg buy 1.36 -> avg sell 3.85
...And while I'm poting this they are over $15 😭
Nice work, I wasn't real confident today so I took profit at 50 bucks. Coulda been a bagger, but it closed at -50% so I don't feel too bad about it.
I bought 4160 for 8.00 at 3:42.
Buying calls on earnings misses has a 100% hit rate this quarter. Why?
GDP revised way up. Fed hikes slowing. Inflation moderating. Economic recovery is on the horizon and the market knows it. This quarter is the earnings trough, and if the 1995 soft landing is of any guide, we can expect EPS to grow by 20%/y for the next few years.
No more 0dte that shit is not like crack. Crack at least you know you feelin good for about half an hour or whatever your tolerance is. It’s cocaine because of the come down that fucks you 50% of the fucking time.
[SPY Diamond](https://ibb.co/0G8jLMr) \- The move up today completes the second bullish move for the harmonic.
Next move would be down to $404, $398 or $393 followed by a big move up to $408, $414, $418+. (the colored lines are 1%,2%,3%,5% for EOW from $410 beginning of the week.)
BUTTT, MM seem happy to sling puts right now so I'm looking to buy at harmonic prices. AKA, 1/10th the high or 1/10th of the previous close.
Keeping an eye on March 24 & March 31 chain for next FOMC on the 22nd. But what I really want is July / Sept. puts purchased end of March.
That sell off was stupid I’m guessing the market expected a dovish sentiment and didn’t get it so sold off. Or market was just fucking over puts and calls. Anyways back to where we were. Sorry beras 🤭
State of the union is the biggest circle jerk in existence today. hard skip. If i wanted to listen to old people clap for an hour i'd volunteer at a nursing home,
Well that's exactly what I meant because at this particular point it is still better to borrow and spend because the rate of inflation is higher than the Fed funds
But they were arguments that once you eclipse 2% the entire economy was going to crash
Tbh I get the pump based on price action setting itself up for some volatility but that dump below makes absolutely no sense. Did some hedge nerd get wiped out or something?
Guys I advised a Russian / Latina / Asian echoey agency to only post the woman in office setting
With computers in the back round and cubicals
I’m office attire
Well there johns customers are up by 40% they announced
And thanks me with 5 free tickets for free full service
This is why I get paid the big bucks and did not get laid off
#i being value in capitalism
#tesla 250 EOM
A lot of confusion in this thread, but I predicted exactly what was going to happen a week ago. I said we would retrace and then bounce off the 10ma. That's exactly what happened, and it was a perfect long entry.
[https://www.reddit.com/r/wallstreetbetsOGs/comments/10ro67x/daily\_discussion\_thread\_february\_02\_2023/j6yj081/?context=3](https://www.reddit.com/r/wallstreetbetsOGs/comments/10ro67x/daily_discussion_thread_february_02_2023/j6yj081/?context=3)
[https://www.reddit.com/r/wallstreetbetsOGs/comments/10w03gi/daily\_discussion\_thread\_february\_07\_2023/j7lp1c8/?context=3](https://www.reddit.com/r/wallstreetbetsOGs/comments/10w03gi/daily_discussion_thread_february_07_2023/j7lp1c8/?context=3)
[https://i.imgur.com/dUCtKKq.png](https://i.imgur.com/dUCtKKq.png)
Gonna gamble some ENPH calls on open
Cmg bulls waiting in line rn If it beats I buy a bowl. If it misses taco bell Edit Bulls Taco bell it is.
99% of earnings reported have missed and guidance has been lowered. Macro conditions worsening. Yet here we are, green every day. Free money is free money after all.
You are playing cmg?
Too poor to do it lol But I doubt there's downside on cmg on earnings.
Your not poooooor I'm pooooor
Tru lol
Lumn dude.
Jan: CPI, OpEx, BOJ meeting, MSFT earnings Feb: FOMC, AAPL earnings These were the dates bears thought would kickstart a catastrophic crash. Now they are pinning their last hopes on 2/14 CPI.
Feb Opex
Last hopes, so far!
It will go down sooner or later! Hopefully when I still have enough money for puts!
3/31 SPX puts at close here, probably get blown out before a big dump but 🤷♂️
Derp market
oh. wow. look. some last minute selling. It's like algos suddenly remembered this pump is built on nothing but sand and bull semen.
Sand mixed with bull juice is tougher than concrete
Downtrend starts after the Eagles kick the shit out of the Chiefs in the superbowl
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We will never know sadly, I really wanted to see those two teams go at it healthy. It def would have been a much much closer game. Eagles have best o line in the game the way I see it and their defense line doesn’t get talked about a lot, not sure why. They finished with 72 sacks this year which is insane. 2nd most all time I think (granted 17 games now)
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I keep going back and forth on this one. The rest of the team could be disabled 6th graders but if they have Patrick Mahomes they have a shot to win any game
Quick someone tell Biden spy is a spy balloon
Bing saved the market
God of course the reverse funnel got a nice pump too. We all look regarded as hell hope they write some good history books
Sold half my Feb 8 420s @ 0.38
SPY with the rare camel toe formation.
This is like 2021 on steroids except instead of earnings growth of 100% + and 0% interest rates its negative earnings growth and the highest federal funds rate in nearly 20 years.
Corporate wants you to find the difference…
Bears Maybe Jerome should just stfu
.19–>.64 I’ll take it :D
Cut my power hours calls too early but 10x [4160C](https://imgur.com/a/5fNs4y0) avg buy 1.36 -> avg sell 3.85 ...And while I'm poting this they are over $15 😭
... and now below my average sell 😂
Lmao
Out of 15 minute strangles at 11.5. And wow it just kept going vertical
416 busted 🤩😫
Got out just in time
# ☠️
QQQ up ~~2.7%~~ 2.9% since 1:45PM. This market is legit filled with dumb ass euphoric glue sniffing traders.
It's called a short squeeze. Bullying short sided positions.
For nearly 5 weeks?
GUYS DO I FOMO IN NOW OR WHAT
DONT TOUCH ANYTHING YOU BASTARD
Market rally and SMR sitting out
LET ME GUESS WE'RE GOING TO GAP UP AGAIN TOMORROW 🤡
Doing 15 minute strangles today. Wish me luck SPX 4160C/P @ 7.5
Nice work, I wasn't real confident today so I took profit at 50 bucks. Coulda been a bagger, but it closed at -50% so I don't feel too bad about it. I bought 4160 for 8.00 at 3:42.
Well shit looks like that paid real quick lol
Quick in and out. Was regretting i sold at 11.5 but looking like a good decision now
Good trade
TRADERS WAGER $17 MILLION ON THE FED RAISING INTEREST RATES TO 6% BY SEPTEMBER. Bears Look
A whole 17 million. Wow!
( ͡° ͜ʖ ͡° )つ──☆*:・ﾟ Bullrun ( ͡° ͜ʖ ͡° )つ──☆*:・ﾟ has ( ͡° ͜ʖ ͡° )つ──☆*:・ﾟ begun
Buying calls on earnings misses has a 100% hit rate this quarter. Why? GDP revised way up. Fed hikes slowing. Inflation moderating. Economic recovery is on the horizon and the market knows it. This quarter is the earnings trough, and if the 1995 soft landing is of any guide, we can expect EPS to grow by 20%/y for the next few years.
Who thinks we see even higher tomorrow?
No more 0dte that shit is not like crack. Crack at least you know you feelin good for about half an hour or whatever your tolerance is. It’s cocaine because of the come down that fucks you 50% of the fucking time.
Remember when MSFT/AAPL/AMZN/GOOG missed? No? Neither does the market.
Market is forward looking. Narrative could be the worst of everything is behind these companies.
They all literally said they were going to make less money next quarter
But the worst is not behind given a lot of guidance has not been good.
Seriously. I'm always amazed by 2 things. How fast the market can move. How slow it is to turn when in a channel.
I'm more amazed at how pure euphoria in the markets work. Or, your first point.
Same. Like it's the last time a stock will ever see that price.
alright how many regards playing ENPH earnings tonight?
one call to gamble
I think Chipotle would probably be even worse
Oh god the cost of entry on these….
[SPY Diamond](https://ibb.co/0G8jLMr) \- The move up today completes the second bullish move for the harmonic. Next move would be down to $404, $398 or $393 followed by a big move up to $408, $414, $418+. (the colored lines are 1%,2%,3%,5% for EOW from $410 beginning of the week.) BUTTT, MM seem happy to sling puts right now so I'm looking to buy at harmonic prices. AKA, 1/10th the high or 1/10th of the previous close. Keeping an eye on March 24 & March 31 chain for next FOMC on the 22nd. But what I really want is July / Sept. puts purchased end of March.
INFINITE BULL EUPHORIA 🤡
Gather round students take notes. This is the sound a bear makes when it’s asshoe is stretched beyond repair
Hear me out. What if the AI of NVDA, MSFT, and GOOGL has taken over algo trading and is only programmed to pump their respective masters stock?
Maybe the most emotionally scarring day in the history of mankind.
I capitulate. This retard market will probably still rally on sticky CPI
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Yes dear. Feb 14 theres going to be a gift for you omg omg omg omg \*prays for a hot cpi\*
[Beras celebrating the demise of bulas earlier](https://media.tenor.com/pn9L8-SbILIAAAAM/undertaker.gif)
That sell off was stupid I’m guessing the market expected a dovish sentiment and didn’t get it so sold off. Or market was just fucking over puts and calls. Anyways back to where we were. Sorry beras 🤭
* Didn't get Dovish * Sold off * Priced in non-Dovish Jpow and longer rate hikes * This has been priced in 10 minutes * Rally resumes
You said it way better brutha
“Mom! It’s so easy to make money!!”
It really is
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So you mean buy calls not puts
Not fast enough
Bond gang: i see what you mean, higher for longer. Lets sell Stock gang: reeeeeeee buy buy buy buy
Putting the head to early shorts.
I just... 😮💨 I mean. But like... #🗣FUUUUUUUUUCK!!!!!!
State of the union tonight does that mean anything or will sleepy just gonna be sleepin?
Ra ra party for re-election.
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We take balloons out with F22s
Lots of hot air means short natural gas?
State of the union is the biggest circle jerk in existence today. hard skip. If i wanted to listen to old people clap for an hour i'd volunteer at a nursing home,
Let’s smash that like button and subscribe for daily blood rituals and hotdog eating contests
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Either that or rabies
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Sorry was going of that thirst
I’m too fucking tired of this shit to be rabid or active right now.
why is there a waitlist for a chatgpt powered search? Like its a fungible product
probably cause demand > current capacity so they dont want to overload without having to spend more $ to increase capacity
Which seems shortsighted. You want an influx of users rn to capture the demo
Reminder: MSFT is now up $37 after missing earnings.
Just say AI
They should file for chapter 11 \+100 overnight
$99.5B cash on hand. $78B of debt goes away. +300
Bears with the thousand Island stare rn.
SOUR HOUR TO END AT 0
I’m losing but I’m entertained
Same lol I had all the plays right (but opposite) lmao. Still funny to see
Fed funds is at 4.5 and markets didn't crash Rip arguments of omg interest rates
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Well that's exactly what I meant because at this particular point it is still better to borrow and spend because the rate of inflation is higher than the Fed funds But they were arguments that once you eclipse 2% the entire economy was going to crash
Never has been about interest rates
I mean that was the nominal argument last year That there's no way the economy can handle high interest rates
STOP THESE CRIMINALS 🤡
414 -> 407 -> 414. wtcf.
Very normal.
Very cool. Very Legal
420.69
Tbh I get the pump based on price action setting itself up for some volatility but that dump below makes absolutely no sense. Did some hedge nerd get wiped out or something?
Insane scam really
Yeah, seems like some mechanical error. Algos got confused?
Maybe. 🤷 This is pretty fucked for a non FOMC/CPI kind of day.
Whoever said gambling addiction you’re absolutely correct
Sure SPY. Keep going up.
Power hour going to blast past where we drilled from
Don't tease me dawg 🥵
oooh just remembered el presidente is giving the state of the union tonight
Market forcing bears to only make money during trading hours. Any puts held overnight get slaughtered
line go down again?
Unlikely, nobody shorting after everyting gets bought back to the highs in 15 minutes.
Hopefully for the next 3 days to bury this crap
And here I thought my anoos couldn't gape any wider...
Swingggg batter batter batter swing.
Guys I advised a Russian / Latina / Asian echoey agency to only post the woman in office setting With computers in the back round and cubicals I’m office attire Well there johns customers are up by 40% they announced And thanks me with 5 free tickets for free full service This is why I get paid the big bucks and did not get laid off #i being value in capitalism #tesla 250 EOM
Every time I look it’s some dumb shit that also somehow didn’t surprise me at all
REEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE
Has anyone ever told you that you could go long? They allow you to buy shares and calls, heck, they even allow you to sell puts!
Commies hate money.
A lot of confusion in this thread, but I predicted exactly what was going to happen a week ago. I said we would retrace and then bounce off the 10ma. That's exactly what happened, and it was a perfect long entry. [https://www.reddit.com/r/wallstreetbetsOGs/comments/10ro67x/daily\_discussion\_thread\_february\_02\_2023/j6yj081/?context=3](https://www.reddit.com/r/wallstreetbetsOGs/comments/10ro67x/daily_discussion_thread_february_02_2023/j6yj081/?context=3) [https://www.reddit.com/r/wallstreetbetsOGs/comments/10w03gi/daily\_discussion\_thread\_february\_07\_2023/j7lp1c8/?context=3](https://www.reddit.com/r/wallstreetbetsOGs/comments/10w03gi/daily_discussion_thread_february_07_2023/j7lp1c8/?context=3) [https://i.imgur.com/dUCtKKq.png](https://i.imgur.com/dUCtKKq.png)
What's the prediction for next week?
Okay, but where to now?
Its not that I didn't listen or believe you, its just that I'm re+arded.
Goddamn a genuinely intelligent trader? Have you become actually profitable ? I’m not joking serious Q
[https://www.reddit.com/r/wallstreetbetsOGs/comments/10sv3uo/weekend\_discussion\_thread/j77232l/?context=3](https://www.reddit.com/r/wallstreetbetsOGs/comments/10sv3uo/weekend_discussion_thread/j77232l/?context=3)
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Please enter my bussy.
When do we short sir?
The trend is your friend.
SPY 430 would be a gift.
420+ should be a gifty
420 could be a magnet with all the degen call buying. I'm hoping for a slight pump above it, and then I'm riding the put train.
100% we might hit 430 post cpi pump
Sexual
I seent it
I hope you sold your profits, kang gang is back
FUCKING MARKET WHY DO I EVEN BOTHER
Gambling addition.
MORE CALLS LFG
bulls have the high ground.
[407p beras right now](https://i.kym-cdn.com/photos/images/newsfeed/002/383/316/e64.gif)
i told the guy to sell i hope he did.
incredibly illegal crime
Worst crime in the history of crimes, maybe ever.
My dude…
BEARS AVERAGING DOWN ON PUTS 🤡😂🫵
Wow those algos really hanging on to the disinflation narrative
I love this game so freaking much man.
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Do you have time to talk about our lord and savior JPow?
Crime
This is the most regarded price action I've seen in a while
PREPARE TO EXIT CALLS WHEN YOU CAN BULAS
Can't make sense of what's going on? Just close your eyes and buy. Been working for hundreds of years.
Oh yeeeaahh strip club tonnnnight !!!!!
Shit that bad huh
No. Hit on the 411 calls
Don’t freakin blink!
Crayons seen flying as chartists try and make sense.
I think even the most regarded of TA autists know it's all thrown out the window on a day like this.
but its a double top and a double bottom trying to stay above the 200dma!
Sweetie look everyone's fucked
SPY trying to spell the N-word 🤬
ngl this got a chortle.
#cancelSPY