You’ve been saying NFLX is in trouble for a while now and I totally agree. That’s why I got some puts for cheap and now I can take my family to Hawaii for some priceless lifelong memories! Thank you Tic🙏🏼🙏🏼
Thank you..... Agree, I took profit today and only left small things running that I was ok being wrong on. I want to see $NOW sell off like it should, crazy eval. NO position at the moment but I have shorted the pops several times. Many of these are overvalued. WHO cares when the trend is up and we're in a bull market about PE as itt can get insane and still be ok, BUT at this point, I think eval matters and many of the big mega caps values are still insane. I am trying hard not to be bias in either direction but it's getting hard to be bullish at all as every pop is met w sellers and distribution.
Nice DP 4/20, some curious things happened today - SLV session low was $23.18, just 7 cents 7 higher than its 420 SMA of $23.11, then bounced, TSLA recently held barely above its 420 SMA, check it out, so add 400 SMA to the lines on your daily charts & prosper - harness the force :)
Appreciate your analysis and humility here on sub-stack compared to Twitter. Your conviction kept me out trouble today, after NFLX earnings your conviction is looking like it was correct.
What are your thoughts on NfLX now at 217?
“There is resistance lined up at 4480, 4560 etc ...” Tic
Glad I got up early to catch it up near 4480. 20 point “zipper”
“Levels you can have confidence mean the world ” Me
Tic is subscription come with private Twitter??
Thank you, thank you for the levels- have an amazing day Tic
Tic can you do a post on IB and what is the best way to identify a trend or range day, early on please
Hello Tic. Yesterday’s bounce was probably a W2 tax filling bounce. With taxes out of the way, people have money to play.
You’ve been saying NFLX is in trouble for a while now and I totally agree. That’s why I got some puts for cheap and now I can take my family to Hawaii for some priceless lifelong memories! Thank you Tic🙏🏼🙏🏼
Thanks Tic. I think we swing to 4580 from here, with LIS below 4400.
NFLX I think keeps dropping sub 200. No reason to look here for another year at least.
Thank you..... Agree, I took profit today and only left small things running that I was ok being wrong on. I want to see $NOW sell off like it should, crazy eval. NO position at the moment but I have shorted the pops several times. Many of these are overvalued. WHO cares when the trend is up and we're in a bull market about PE as itt can get insane and still be ok, BUT at this point, I think eval matters and many of the big mega caps values are still insane. I am trying hard not to be bias in either direction but it's getting hard to be bullish at all as every pop is met w sellers and distribution.
Thanks Tic. What do you think about $GC. Had a bad day today
On a 1 year + time frame, is 4200 still a good level for buying SP500 or maybe even lower prices ?
Seems like TSLA is a sell from your perspective. Then a buy lower?
Nice DP 4/20, some curious things happened today - SLV session low was $23.18, just 7 cents 7 higher than its 420 SMA of $23.11, then bounced, TSLA recently held barely above its 420 SMA, check it out, so add 400 SMA to the lines on your daily charts & prosper - harness the force :)
Thanks for the sobering analysis, was much needed to ground my own thinking.
On a slightly different note - are you convinced of PLTR at this levels (currently high 12s) or expecting more downside still?
Appreciate your analysis and humility here on sub-stack compared to Twitter. Your conviction kept me out trouble today, after NFLX earnings your conviction is looking like it was correct.
Tic, are you looking at NYSE volume or futures volumes when you mention that it was Anemic.
I’ve always looked at NYSE, so curious what you are using
Ty
Any volume I usually just watch the CME volume unless it’s rollover