I don't know anything about this company. I actually thought it was some dow etf until I had to look it up. ha ha It reported earnings. management trimmed guidance. It got a couple of price cuts by brokers. it sold off. ^^ You probably already knew that though. ** maybe Robbie380 can chime in. I mostly follow nasdaq stocks. Looks like it is between the 1 and 2 year low with max pain being 24 on the 2 year low.
Time to jump in on those O&G stocks? I sold off all my O&G stocks in the summer and am itching to get back in the ring for round 2.
Oil just hit 80$ on crude..I would probably wait to see a trend back up before I tried to catch a falling knife. That being said record options on crude oil volume were traded today.
this market is amazing lol. i've got smacked pretty hard trying to short this face ripper reversal rally, but man this is something to see.
long shot trade for tmw. bidu 215 puts at 52 c. looking for a ten bagger. edit: capped at 90c+ during that candle downslide.. holding spx shorts and iwm puts. scaled out of some initially holding rest. THIS MARKET IS A FRANTIC POS!!!!
Mkt was at some kind of resistance and that news didn't help. I was balls deep short upro somewhat near the top before that sell off. Hopefully I can get this trade to work this time and not get my dick ripped off again.
good luck to you. I just want to repeat. this market is a frantic pos. hopefully market doesn't run to spx 1966-70 tmw, possibility.
I normally don't mess with the triples. If you can get a mean reversion trade on it, then it usually goes off, but if it goes against you it can be very bad. The only experience I have with 3x leverage is trading - NUGT.
I think yelp is going to TO 52.50 low if the 55p tmw are 5c I may just buy 100 of them and sit on them if it starts turning down. especially If the market retraces
AAL is up $12 in 7 days. may be a short candidate if market retraces. 1820 to 1961 in 7 days is too fast