steve2bacon, CMT 🥓
@steve2bacon
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Full-time swing hater
United States
Joined September 2021
There’s a breakaway gap followed by runaway gap on SPX. The first signals the start of a new trend and the other is trend continuation. Both of these types of gaps are unlikely to fill short term. Only thing sus is the low volume when looking at SPY
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From +4% to -4%… how is this legal?
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Looks like panic buying on all the names I don’t own haha 🙃
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VKTX recovered but keeps reject 36. Gonna trim down to 100k and sit on that to see if it breaks towards 40. TDOC GLD keeping me flat on the day when everything else is green ugh
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This
What is your morning ritual?
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Buddy sells “financial coaching” sessions for $150/hour lmao
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Your cash was earning 4% risk free yield in a money market fund. Not only do you lose that now, you’re also decreasing liquidity by tying up cash in a non-liquid asset. To re-access the home equity, you’ll have to settle for a 6-8% cash out refi or heloc before closing costs
The only good mortgage is a paid off one Our biggest monthly expense is gone 💰
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Creates FOMO by reiterating a previous target that has shown zero progress and then warns you can lose half your money lol. What kind of risk and reward is that even
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Tom: Bitcoin could see 200k eoy Also Tom next day: Bitcoin could crash 50%
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Found it
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Not the pretties candle right now but trying this SONO breakout small. Looking for ~20 ahead of 11/5 ER
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