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MRNA / PFE getting hit hard with talk of removing patent restrictions on covid vaccines for worldwide use.

Every chance it could have been extended (again). But yea, things are about to get interesting.

I have been bearish on PTON for months. Vaccines rolling out and summer at our door. Who the fuck wants to continue sitting indoors staring at walls / a screen? Go the fuck outside and enjoy yourself. PTON was a lockdown play. The recall tanked the price today. Earnings are tomorrow. Forward...

Time for a gut check in the housing market if this holds up! https://www.wsj.com/articles/federal-judge-invalidates-national-eviction-moratorium-11620231572?mod=hp_lead_pos3

Chamath fanboys shitting their pants with IPOF rumored talks with Equinox (some shitty gym company). Shares are nearly at nav this morning dumping post / pre markets. https://www.bloomberg.com/news/articles/2021-05-04/equinox-said-to-discuss-going-public-via-social-capital-spac?sref=9HT8lz40

Interesting to note, PSTH didn't even flinch in price with all of the market selling. It is still trading >20% over nav. (nav is slightly higher than $20 with the 2/9 warrant structure through merge considered)

Yellen talking about rate hikes to calm overheating market. Sold that F. This is the first even mention of raising rates and could be the catalyst for a correction.

Big block sell just went. Oops.

Somma bitch. Got me beat by 2c.

Grabbed F right near the 100 Day MA. SPY was also near 20 day support. Figured it was a strong case for a bounce. Bad news is out of the way about Q2 forward guidance. Nice longer term play.

Amen. For PSTH, I have GTC buy orders for 1k shares at $22.50, $22, and $21.50 each. Plus another GTC order for warrants at a silly price. Already been filled 1k shares on a $23.50 and $23 price points.

This happened on PSTH yesterday. Huge full dollar spike down on instant volume, which blew out stop losses then the price recovered fairly quickly. Why anyone would put stop losses on a spac like this is beyond me though. Some big firm was fishing out the paper hands for cheap shares...

TWTR just spiked on huge volume.

It is only long term cap gains and literally nothing is changing unless you are in the absolute top bracket. $1M+ long term cap gain (married filing jointly)

I’m on vacation. What’d I miss?

Dem red candles! https://cryptowat.ch/charts/COINBASE-PRO:BTC-USD?period=5m

This was supposedly in addition to he news that tanked the stock market today about basically doubling the capital gains tax.

Circulations out there that Yellen is calling for big taxes on crypto trading. This government.. jeez.

Huge miss on streaming numbers. Less than half guidance?

PSTH really plunging for lows today. Got a feeling this is going to be another sit at nav spac soon, although the tontine / warrant structure should keep it valued higher. (2 warrant for every 9 commons held through merge) *Edit* Just as I post this, the biggest volume candle of the day comes...

SQQQ isnt a bad play either. We are so unbelievably extended here.

*worf*

PSTH missed another <$24 add today. Need a market correction so I can load the boat.

Glancing through the actual report, from my engineering background, it has some validity. They seem to be over-promising technology that has stumped some of the best researchers in the world for decades.

Massive fraud piece put out against QS. (Scorpion Capital and Muddy Waters) https://scorpioncapital.s3.us-east-2.amazonaws.com/reports/QS1.pdf

Most people who make enough to cap 401k are over the income limits for Roth IRA contributions. (Unless they are mega thrifty putting a sizable portion of their income in that 401k)

Coming right back down to your 320 spot.

The money was on the other side of the trade. Shares were fairly easy to locate for borrows from multiple brokers. Shorts made bank on this.

Who in the world is shorting a spac at nav? There is no upside in that short position and unlimited risk. RICE last week was pennies off the $10 nav price all day long, following day DA announcement was trading up 80% at $18. *Edit* Just checked it out and it hit $19 after hours 5 days ago. So...

COIN showing $374 now. This is going to blow up some RH accounts today.

Showing an indicated price on my level 2 for COIN at $350 currently. Crazy.

PLTR strong out the gate.

Bascially zero volume traded on this name premarket. Very odd.

You're correct @Blazin I only gave a quick look and the lack of any volume ah Fri basically didnt print anything. Quick glance looked like half a dozen 5min candles after was the spike. But that was 4am this morning. Ah well.

Great insider trading on NUAN too. I was looking at the Fri charts on it. It was basically flat all day long at $45, then out of nowhere after hours spiked to $55+. The announcement was made this Monday morning premarket. I just wish one day I could have the insider info like this.

As a general rule of trendlines, you are going to want the anchors to also coincide very high volume. The correlation of volume and the direction of the price action can be quite telling. A good volume / price indicator would be high volume buying into strength and much lower volume on the sell...

Not to mention, OPEC shenanigans + Cali tax extortion, isn't the same as inflation. Fuel demand cratered in most of the world in 2020 and we were swiming to our eyeballs in oversupply. Prices went down during the pandemic. Now we have OPEC playing their part, plus demand shifting as more...

That RICE spac broke $17 today. Day before DA announced two days ago, the spac was at nav. The entire day range of 7th April was $10.08 - $10.15. 70% return for anyone who bought nav prices. That gives me a bit of hope for my spac portfolio! *edit* Just cracked $18 (80% return) after market...

Well, we basically melted up right into a big macro ascending resistance trend line at the close. Monday sure is going to be interesting!