Posted by DigiNomad on 23rd of Jul 2024 at 05:15 pm
I suppose not, but that's not so unusual for VP's.
Different story with Prez nominees. They ended around
the whole process and completely cut out the voter preference. I'm
surprised more on the left aren't up in arms. Every single blue
state Governor bent the knee yesterday like it was a Game of
Thrones episode and they were being threatened by dragons. Not a
single peep of dissent...and yet, we know without a doubt that she
is not liked. Why so afraid? Maybe they made it very clear
what they are capable of with the assassination attempt?
Posted by DigiNomad on 23rd of Jul 2024 at 04:49 pm
Kamala has never won a primary. Never polled above 1% in a
national poll that I know of. And the Democratic party rejected
voters opportunity to have primaries and then install her at the
last minute...and everyone is like "cool." OMG. This is
really getting crazy. I wouldn't be able to look at myself in the
mirror knowing I had been installed without ever having a shred of
evidence that the public wanted me in the position. The delegates
are essentially telling the voters that they know better what's
good for them.
Posted by DigiNomad on 23rd of Jul 2024 at 04:31 pm
Visa - buy now pay never (and demand taxpayer funded bailout for
irresponsible lending) programs eating V's lunch?
I've been doing my grocery shopping on Amazon recently. It's
not bad at all - actually it's quite good. But they always suggest
that I can pay later, over a period of many months....for my
groceries. I mean, what could possibly go wrong if people are
using BNPL to buy milk and eggs?
Posted by DigiNomad on 23rd of Jul 2024 at 04:13 pm
TSLA is almost impossible to track on X. Everyone
jockeying for likes figured out that all you have to do to get a
couple hundred likes is to say something positive about a cult
stock and it broke the value of following those names on social
media.
Posted by DigiNomad on 23rd of Jul 2024 at 04:00 pm
Daniel D Martino Booth, formerly of the Fed Reserve, swears up
and down that when the dust clears on the jobs revisions, the
recession started last October.
Posted by DigiNomad on 23rd of Jul 2024 at 03:39 pm
If GOOG drops on the print I'll probably buy it for the
conference call...which I think is going to be mind-blowing. I
think it's underappreciated how many irons they have in the fire
right now and how most of them are dominating.
Posted by DigiNomad on 23rd of Jul 2024 at 03:23 pm
Interesting commentary on GOOGL skew. I'm also picking the same
thing up from the media along with a very bullish TSLA bias. I
predict the exact opposite result today (TSLA weak and GOOG strong)
but I'm not putting serious money behind either...long both but
neutralizing into the close (covering / protecting profits with
short calls)....so it's almost not worth mentioning.
Posted by DigiNomad on 23rd of Jul 2024 at 03:16 pm
If you think about it in the context of the passive flows that
have come to dominate the market, IWM will likely never lead again,
at least not for a sustained amount of time. It just isn't
the way funds flow to cap weighted indexes and very few people are
going to go into their 401k's to adjust small cap exposure to
something like a 60% allocation. Not going to happen. Not to
mention that the passive flows actually strengthen the larger
players at the expense of the smaller companies - the deck is
completely stacked against IWM in the medium to longer
term.
Posted by DigiNomad on 23rd of Jul 2024 at 02:00 pm
We're nearing the tip of the spear in terms of passive (some
would say ponzi) flow beneficiaries this week and next.
Market mechanics and structure have set this small group of
companies up to be almost impossible to compete against....so it's
not really wise to bet against them or the market while they are
reporting.
Posted by DigiNomad on 23rd of Jul 2024 at 11:31 am
I'm not exactly sure how to prep for this risk but I thought I'd
throw it out there since it's something I'm working on today - the
market traditionally closes for a day of mourning when a sitting
president dies.
I have a sneaking suspicion that this tradition will not be
followed this time around if it happens during the week. The chaos
around zero and 2 DTE options alone would be insane. Lots of money
lost all around. But still have to plan in case they bumble
their way through tradition (if he does die). If they can
delay the announcement and/or event until Friday or Saturday, that
would be better for the market.
Posted by DigiNomad on 23rd of Jul 2024 at 10:56 am
Coup theories trending on X right now are WILD. I
recommend not reading them with an open mind. Definitely approach
it from the get go with mindset the media is demanding that they
are just sick conspiracy theories. Otherwise there is a very real
danger that some of the questions people are asking might start to
sound a tiny bit plausible and potentially valid, despite lack of
confirmation. Not good.
Of course, they could end this all immediately with a simple
and short live video feed with Joe. So, that's what they'll do,
right?
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GOOG leg down
GOOG boom then bust. Haha. It's all over the place
Posted by DigiNomad on 23rd of Jul 2024 at 05:18 pm
GOOG leg down
I suppose not, but that's
Kamala has never won a primary. Never polled above 1% ...
Posted by DigiNomad on 23rd of Jul 2024 at 05:15 pm
I suppose not, but that's not so unusual for VP's. Different story with Prez nominees. They ended around the whole process and completely cut out the voter preference. I'm surprised more on the left aren't up in arms. Every single blue state Governor bent the knee yesterday like it was a Game of Thrones episode and they were being threatened by dragons. Not a single peep of dissent...and yet, we know without a doubt that she is not liked. Why so afraid? Maybe they made it very clear what they are capable of with the assassination attempt?
Kamala has never won a
Posted by DigiNomad on 23rd of Jul 2024 at 04:49 pm
Kamala has never won a primary. Never polled above 1% in a national poll that I know of. And the Democratic party rejected voters opportunity to have primaries and then install her at the last minute...and everyone is like "cool." OMG. This is really getting crazy. I wouldn't be able to look at myself in the mirror knowing I had been installed without ever having a shred of evidence that the public wanted me in the position. The delegates are essentially telling the voters that they know better what's good for them.
Visa - buy now pay
Posted by DigiNomad on 23rd of Jul 2024 at 04:31 pm
Visa - buy now pay never (and demand taxpayer funded bailout for irresponsible lending) programs eating V's lunch?
I've been doing my grocery shopping on Amazon recently. It's not bad at all - actually it's quite good. But they always suggest that I can pay later, over a period of many months....for my groceries. I mean, what could possibly go wrong if people are using BNPL to buy milk and eggs?
TSLA is almost impossible to
Posted by DigiNomad on 23rd of Jul 2024 at 04:13 pm
TSLA is almost impossible to track on X. Everyone jockeying for likes figured out that all you have to do to get a couple hundred likes is to say something positive about a cult stock and it broke the value of following those names on social media.
TSLA missed So far so
GOOG boom then bust. Haha. It's all over the place
Posted by DigiNomad on 23rd of Jul 2024 at 04:05 pm
TSLA missed
So far so good on my GOOG up TSLA down prediction...but you never know with earnings days
GOOG beat on top and
GOOG boom then bust. Haha. It's all over the place
Posted by DigiNomad on 23rd of Jul 2024 at 04:04 pm
GOOG beat on top and bottom
GOOG boom then bust. Haha.
Posted by DigiNomad on 23rd of Jul 2024 at 04:02 pm
GOOG boom then bust. Haha. It's all over the place
Daniel D Martino Booth, formerly
High Performance DBA went long earlier
Posted by DigiNomad on 23rd of Jul 2024 at 04:00 pm
Daniel D Martino Booth, formerly of the Fed Reserve, swears up and down that when the dust clears on the jobs revisions, the recession started last October.
Going to be a strange
High Performance DBA went long earlier
Posted by DigiNomad on 23rd of Jul 2024 at 03:54 pm
Going to be a strange recession, most likely....already has been...but how does DBA typically fare during recessions?
Tom on TastyTrade is predicting
SPY 30
Posted by DigiNomad on 23rd of Jul 2024 at 03:52 pm
Tom on TastyTrade is predicting the same thing but admits that his TSLA down thesis is mostly political
FWIW, my thought that it will most likely be weak has ZERO, zilch, nothing to do with politics.
GOOGL options are killing me.
Posted by DigiNomad on 23rd of Jul 2024 at 03:49 pm
GOOGL options are killing me. I'm so used to the liquidity in SPX (my primary product). Absolutely sucks trying to trade this sucker.
I will make a note and try GOOG options next time to see if they are any better.
If GOOG drops on the
SPY 30
Posted by DigiNomad on 23rd of Jul 2024 at 03:39 pm
If GOOG drops on the print I'll probably buy it for the conference call...which I think is going to be mind-blowing. I think it's underappreciated how many irons they have in the fire right now and how most of them are dominating.
Interesting commentary on GOOGL skew.
SPY 30
Posted by DigiNomad on 23rd of Jul 2024 at 03:23 pm
Interesting commentary on GOOGL skew. I'm also picking the same thing up from the media along with a very bullish TSLA bias. I predict the exact opposite result today (TSLA weak and GOOG strong) but I'm not putting serious money behind either...long both but neutralizing into the close (covering / protecting profits with short calls)....so it's almost not worth mentioning.
If you think about it
SPX comments and QQQ
Posted by DigiNomad on 23rd of Jul 2024 at 03:16 pm
If you think about it in the context of the passive flows that have come to dominate the market, IWM will likely never lead again, at least not for a sustained amount of time. It just isn't the way funds flow to cap weighted indexes and very few people are going to go into their 401k's to adjust small cap exposure to something like a 60% allocation. Not going to happen. Not to mention that the passive flows actually strengthen the larger players at the expense of the smaller companies - the deck is completely stacked against IWM in the medium to longer term.
Love the intraday update! Thanks.
SPY 30
Posted by DigiNomad on 23rd of Jul 2024 at 03:12 pm
Love the intraday update! Thanks.
We're nearing the tip of
ES/NQ sweep the lows and then bounce
Posted by DigiNomad on 23rd of Jul 2024 at 02:00 pm
We're nearing the tip of the spear in terms of passive (some would say ponzi) flow beneficiaries this week and next. Market mechanics and structure have set this small group of companies up to be almost impossible to compete against....so it's not really wise to bet against them or the market while they are reporting.
This alert I set after
Posted by DigiNomad on 23rd of Jul 2024 at 12:44 pm
This alert I set after Matt's post about exit conditions yesterday might have top ticked the market. We'll see, but it was definitely timely.
I'm not exactly sure how
Posted by DigiNomad on 23rd of Jul 2024 at 11:31 am
I'm not exactly sure how to prep for this risk but I thought I'd throw it out there since it's something I'm working on today - the market traditionally closes for a day of mourning when a sitting president dies.
I have a sneaking suspicion that this tradition will not be followed this time around if it happens during the week. The chaos around zero and 2 DTE options alone would be insane. Lots of money lost all around. But still have to plan in case they bumble their way through tradition (if he does die). If they can delay the announcement and/or event until Friday or Saturday, that would be better for the market.
Coup theories trending on X
Posted by DigiNomad on 23rd of Jul 2024 at 10:56 am
Coup theories trending on X right now are WILD. I recommend not reading them with an open mind. Definitely approach it from the get go with mindset the media is demanding that they are just sick conspiracy theories. Otherwise there is a very real danger that some of the questions people are asking might start to sound a tiny bit plausible and potentially valid, despite lack of confirmation. Not good.
Of course, they could end this all immediately with a simple and short live video feed with Joe. So, that's what they'll do, right?