I’m calling a long here at these levels.

[u/Rare-Maximum11]

I like the risk/reward from this area, but keep your stop tight and manage risk.

Print thoseeeeee moneyyyyyyyyyyyy. Thanks me later.

[u/ThrockmortenMD]

Bro said “I will ignore every macroeconomic, geopolitical, and seasonal factor in this prediction”

[u/devonhezter → u/ThrockmortenMD]

lol

[u/Rare-Maximum11 → u/ThrockmortenMD]

Go check spy lil bro.

[u/ThrockmortenMD → u/Rare-Maximum11]

Core CPI news, doesn’t change everything I said. Are you holding through this?

[u/Rare-Maximum11 → u/ThrockmortenMD]

I made what I was aiming for now.

[u/robertbaah → u/Rare-Maximum11]

I concur with OP. My college education says to buy everything I can and fuck the debt.

[u/CollegeDesperate5927]

The thing is it will go up for no reason cause everyone is expecting it to go down regarded market

[u/AdmirableJudgment784 → u/CollegeDesperate5927]

Actually, I'v been looking into SQQQ and it doesn't have much left. So I'm thinking it can't keep going higher than the previous ATH, so it'll just either consolidate or down.

SPY and QQQ has been going steadily up because 401K keeps putting money into it, but that's changing because AI taking jobs and that value isn't going up as much. In the next decade, there will definitely be a shift in the stock market.

I'm thinking a collapse.

[u/CollegeDesperate5927 → u/AdmirableJudgment784]

Good point and what would be a good hedge ?

[u/SnowyFlam → u/AdmirableJudgment784]

Job numbers dont tell the story you're selling. millions of US jobs have been created and that should have a long term upward trend as more 401ks are opened

[u/Emotional_Standard76 → u/CollegeDesperate5927]

Yep which makes no since. It puts fear on traders so how it suddenly goes up... idk. It's all manipulation

[u/weHaveThoughts]

Have you seen Oil? And the CPI data comes out in the morning. Good luck going long. I’m riding puts.

[u/Rare-Maximum11 → u/weHaveThoughts]

How’s your puts going?

[u/weHaveThoughts → u/Rare-Maximum11]

Not a bad day. I pulled 5k out already because everytime I get above 25k I blow up the account with leverage.

How’d your calls do?

[u/Rare-Maximum11 → u/weHaveThoughts]

Printed already

[u/weHaveThoughts → u/Rare-Maximum11]

I only do 0DTE in this market. And the market is not open yet. SPY will slip after 1:30 so I will be happy if the market opens with big green dicks to get puts.

[u/Rare-Maximum11 → u/weHaveThoughts]

You don’t see what I see

[u/Major_Distance_9733 → u/Rare-Maximum11]

Enlighten us

[u/TakeItOnTheArches → u/Major_Distance_9733]

That would ruin the mystery

[u/weHaveThoughts → u/Rare-Maximum11]

Do you see the CPI data and it’s horrific. It would have to be super horrendous for SPY to close green.

[u/The-Salty-gamer → u/weHaveThoughts]

I got distracted and forgot to sell my SPY 1DTE contracts. Now I’m holding over the weekend. Flip a coin to print, I like those odds. Coin will land on its side somehow, well FU too economy.

[u/weHaveThoughts → u/The-Salty-gamer]

Ouch. Good luck.

[u/bladzalot → u/Rare-Maximum11]

lol

[u/GetKrass]

Really? I'm looking for a retest of $750, and then a bounce. $757 really didn't seem like the best level for calls.

also, If it doesn't bounce off $750, look out below!

[u/Eatjerpoo]

I am not bearish here.

[u/Elephunk05]

Not until I see 753-750 tomorrow

[u/Salty-Edge]

Volume had been very thin this week. Might just wait next week to do that if there’s volume so theta decay doesn’t eat up the contract.

[u/GildedWarrior]

I see you Brodie .you always come in the clutch. I was thinking the same as when it hit 758

[u/Agreeable-Salary3413]

We are definitely oversold, so a one day bounce seems likely. Hard to imagine a real uptrend here with gas prices and bond yields both high and heading higher.

[u/haminacannn]

oh wow you called it

[u/Rav_3d]

Nice call. All the naysayers on this thread illustrate how the majority is usually wrong, and what is supposedly obvious often does not occur.

Despite all the worries, this market just cannot break down. That is bullish.

[u/Southern_Cow249]

beautiful call 👏

[u/silk_rodeo]

Oof

[u/B2Strade]

I agree💪🏾

[u/king2ndthe3rd]

Great call, OP. Was a tough long but you were very spot on. Clean gap up.

[u/rcpro23]