Definitely agree, it's pretty wild on NIO especially with the PR. I need to go back and focus on them more. Great clip to attach too, haha
Wow, this is great! He should have said, "who cares, they're printing money", of course right after this Upstart has been on a downward spiral... Hopefully he adjusted the funds from when the market was on easy mode, haha
I was wrong about the July 4th dump. Learned that it's a thing to start new with the beginning of the 2nd half. So...are people trying to bet the Fed won't raise rates by 75bp? If it goes as planned then people will claim it's already Priced In.
it's the 2 week rally.. https://www.marketwatch.com/story/a...seasonal-pick-me-up-history-shows-11656357609
I'll probably try to watch Spy etc in the morning hoping to make some quick + returns on calls but unless I get crazy lucky, will probably close most before end of day. If it's too choppy I'll probably wait. This could be interesting, especially if fed holds on rate hikes, could cause things to be easier, then prep for more bleeding to at least get back into decently timed Puts further out on cheaper premiums if rally actually goes as planned.
I bought RIVN for my ROTH IRS's alike , it would be interesting after F sell their entire 100 million shares , there's no intention to retire ever so it doesn't matter much . Oil might wildly swing 35$ in both direction . cartoonish currencies 1/3 value up or slashed by half , could be both in July when F is around 5 $ , AMD about 50ish $ ... this's the bottom
Rivian (RIVN) earlier Wednesday reported that it delivered 4,467 vehicles and produced 4,401 vehicles in second quarter. It also kept its target of producing 25,000 vehicles this year. The consensus delivery forecast was around 3,500 vehicles, Joseph Spak at RBC Capital said in a note.
Man, I randomly saw this yesterday Unfortunately didn't do anything, someone banked though... I still own some RIVN stock so that at least went up but... would have preferred the calls, haha
I did check Rivian's colt forum online, deliveries seemed accelerating I usually invest quietly... and its embarrassing how many times I had mentioned EV stocks for the past 2 months but it felt like free money give away
very nice moves on this. I'm curious if there's a quick reversal play but haven't been too confident on testing the pattern it's had lately.
LCID for some reason is building momentum that could explode shortly (20 if nothing much , 26 seems realistic) NIO if dropped into 18 should go for a big 4 month cycle (seems like the group of control of Li/Xepeng swapping hands) RIVN rough estimate by next Wednesday will move freely toward 50 by end of month (with grain of salt) 12k Nasdaq exit , 9900 enter whatever the case if daily trading
a good eg of a head-and-shoulder bottom formation for XLV, the S&P healthcare sector fund close at 132.2, up 3; the IV for options is ~ 19%, relatively inexpensive. constructed a 6-pt bullish CALL spread, using Oct expiration BTO 129 CALL STO 135 CAL, for a net cost of $3.60 breakeven is 135.80 (132.2 + 3.60) max profit - $6, max risk of $3.6 to defray the cost of the above bullish CALL spread, sold Aug 128 PUT, collected a premium of $2.90. net/net, my cash outlay was ~ 70 cents to participate in a max profit of $6 best case, will collect $6 worst case, have to buy XLV at $128 per share, after spending $3.60 for the bullish call spread
The euro being lower than the dollar is really helping my luxury purchase budget. Hopefully that keeps rolling.
I hope this works...I bought/ gambled on CURE in late may and watched it go down 25%. Almost back to breaking even...thank you UNH.
