Could shorting TTWO on the GTA release pop be the play of the week? Stock market veterans say yes. Use $167.23 and short the farm.
Making me sad, I think it’s true. “egocentric, egotistical, self-absorbed, self-indulgent, selfish, and egoistic, narcissistic” https://www.thesaurus.com/browse/self-absorption#:~:text=On this page you'll,confidence, selfishness, and assurance.
Yeah. He's lucky I halfway like him. Horrible "stocks with staying power" picker.... but his biotech stock prowess is notable. He does have a knack for that. Sometimes. All the rest---> way overpriced story stocks, cut and paste from today's equivalants of boiler-room ops that thrive on the reposts from folks like him on forums like this. They sometimes work near term.... but long term those 50% drops.... they speak for themselves.
Stoney mentioned my VRT as a idea. I have shares at $19-$38. Dec $35-$40 calls rolled to Jan and March calls and yet it’s a fresh idea.
I think this week will mark the high going into 2024. ES is at 4600. 4140 (the proven VZ golden #) would be a 10% pullback exactly. Sounds like a lot. But the big 7 could do that easily. And in the bigger picture, a calendar is meaningless really. We all like to quantify things against known metrics, like Dec 31. Lets shoot for April. We're going lower. There's no doubt in my mind. Low volume 50 points days are nothing but algo setups. And algos love calendar dates. The real whales are in the Buffett mode.
What does Bitcoin and Gold stocks taking out 52 Weeks highs mean? Is it a strange way to signal Inflation is around 2.6%?