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I mentioned yesterday that my only hesitation is the indexes trading at all time highs. I think this is holding back travel play breakouts. Everyone is cautious buying top of index ranges. Also doing some dilligence on other cruise stocks: due to share issuance over the last year, some are now...

FAA grounding SPCE. Strong sells. -$26.50 short position here. Out 1/2 at $25. Out the rest $25.50 .. you really only need 2 or 3 solid trades a month like this to make goals. Less is more gentlemen.

Don't confuse investing with a quick swing trade! I'd never hold this (LCID) long term.

Missed my $15 entry that morning by like 30c. Najarian just mentioned strong unusual call activity on the name and its pushing $18.50 now. Ah well. Good to see a great trade idea pan out, even if I didn't get my entry.

@Sanrith Descartes looks like MA hit 340.55 before a bounce. Been eyeing your 336 support play.

CCL announcing next round of restart plans. Let's go travel boom.

I took a very tiny position on TRVG as I couldn't find news anywhere on it. In the IRA, so has time to work. So far, I am +4%.

NCLH given up its pivot and below $25 again. Also for travel plays, I see TRVG is down 8% today and I can't find news anywhere on it.

Jobless numbers fell again. Fed unemployment benefit ending this weekend and jobless claims at pandemic lows. Who woulda thought!?

So far holding the pivot, even with SPY pulling.

NCLH at a strong daily $25.05 pivot here. Volume has reacted to this level. $26.50+ is breakout territory with declining covid cases and deaths as a catalyst. My hesitation is SPY trading at all time high level here. I would much rather buy on an index pullback. What to do...

@Shonuff https://www.bloomberg.com/news/articles/2021-09-01/covid-hospital-admissions-fall-for-first-time-since-june-in-u-s?srnd=premium&sref=9HT8lz40

Fed unemployment benefit ending this weekend. Curious what (if any) affect it has on the market.

LCID was a good play, just didn't come into my buy levels. It's back over $18 now. Oh well.

Just halted down. Hope you grabbed some profit !

Welcome back. I took all of July off. I should have done the same for August.

LCID, was hoping for a hard sell, but .. just didnt happen. Keeping it on watch anyway.

To add.. 166M shares available to sell from pipe, 44M shares traded premarket.

LCID getting hammered premarket, as PIPE investor lockup expires today. Looking for entries at $15 (psychological) and $13 (technical) support levels for a day / swing trade.

My only reservation is adding with indexes at all time highs. We've been trading in an upward channel SPY for most of the year now. Every time we hit this top of range, we get a good pullback. I'd be far more comfortable adding more on our monthly SPY dip. Admittedly, I am trying to time to...

They’re already under investigation for crashes with emergency vehicles. This is poor timing

https://www.bbc.com/news/technology-58343062?xtor=AL-72-%5Bpartner%5D-%5Bbbc.news.twitter%5D-%5Bheadline%5D-%5Bnews%5D-%5Bbizdev%5D-%5Bisapi%5D&at_campaign=64&at_custom1=%5Bpost+type%5D&at_medium=custom7&at_custom2=facebook_page&at_custom3=BBC+News&at_custom4=FF15A506-06E1-11EC-8E76-8F8696E8478F&...

Nice little DIS pop. I had bought more last week at the 200D support. $175.21 cost basis.

Hoping the market jitters start the overdue correction. Would really like to put some substantial cash in at nice lower support levls.

NCLH getting back to that tricky $26 area which it has struggled with for a little while. A solid break and hold would be nice.

Meanwhile, I am sat over here still waiting on my god damn tax refund.

It just ran from ~$38 to ~$48 in the last 30 mins.

AMC going bonkers. Fun to watch on the sidelines, however, history this year has shown that when the memes run, the rest of the market seems to get neglected. Hope this isnt the start of another meme name distraction week.

Najarian telling CNBC viewers to buy RCL October calls. Late to the party there bud, but come join in the fun!

This is part of letting your winners run. On swing trades, I tend to scale profits so you always have something to show for the trade as well as leaving a piece on the table to let it run. However, with these travel names, I am waiting a bit to scale the first profits because they were so beaten up.

I would have set a looser trailing stop. I see this as basically a day 1 awakening that travel sector was oversold. Though, I know your options were closer to expiry, so fair play for 50%!

DAL and NCLH running strong this morning. I see no reason whatsoever to trim. I see just the start of the travel sector rotation. Also up 7% on my TRVG position.

Wouldnt be surprised to see a slight consolidation / pullback after yesterday's mini rally. However, my Oct NCLH calls are ITM premarket today.

NCLH calls up nearly 50% already. Got till Oct expiration, so happy to sit and wait for more travel sector rotation inflows. Markets are definitely forward looking through this.

CDC just advised “at risk” people to avoid cruises regardless of vaccine status. Tanked cruise lines a bit after hours.

Re BABA: There is a big macro pivot at ~148. You're catching a knife without technical support until then.

Advising someone to put emergency cash funds into crypto is insane to me. Especially as we are coming back up to highs.

CDs at 0.5% .. yuck. I remember taking first contracting gig years back and nabbing a $20k 5yr CD for like 6% yield (2003/2004). I used to park my emergency funds in Vanguard Short Term Bond index that used to yield around 2%. This was well before corona and whatever shenanigans are happening...

"Analysts" .. *snicker*

IWM getting completely slaughtered and under the 200 DMA. Not sure if it is ready for a rotation back in for a bounce, or the wheels fall off and we have a big move lower. Trimmed some small cap names for a loss as the market feels really broken here.