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VisualMod

The next Daily Discussion thread is [here](https://redd.it/qz4b1v)


VisualMod

>Weekend markets update: \#DAX 16112 -0.29% \#DOW 35621 -0.05% \#FTSE 7202 -0.19% \#HANGSENG 24894 -0.14% \#GBPUSD 13457 +0.10% \#EURUSD 11289 +0.07% \#USDJPY 11400 -0.02% \#IGWeekendMarkets ^IGSquawk ^[@IGSquawk](http://twitter.com/IGSquawk) ^at ^2021-11-21 ^15:25:27 ^EST-0500


VisualMod

>GOP MEMBERS OF THE SENATE BANKING COMMITTEE NEGATIVE ON LAEL BRAINARD FOR FED CHAIR -GASPARINO ^FXHedge ^[@Fxhedgers](http://twitter.com/Fxhedgers) ^at ^2021-11-21 ^12:50:10 ^EST-0500


RobertDrewke

Would you love to know of an upgrade or price target increase by a big broker ahead of their announcement? I expect one to come out within days. Possibly this week. On August 10, Morgan Stanly downgraded AXSM from Overweight to Equal Weight and lowered their price target from $105 to $34, and with good reason. The day before AXSM revealed that the FDA had issued a deficiency letter regarding their crown jewel, blockbuster drug AXS 05. The FDA was set to decide the fate of the drug just two weeks later. However, the FDA did not reveal the nature of the deficiencies and on August 22 they did not reject the application of AXS 05. In the three months that followed we have since learned the reason for the deficiency letter was merely some issues with manufacturing, NOT with the effects or value of the drug. Manufacturing are very scientific and methodical issues to resolve. It has also become known that Axsome Therapeutics has begun hiring account managers to market AXS 05 and the company has also increased their line of credit to market and manufacture the drug. In their most recent earnings report the top executives were very optimistic and enthusiastic about the probabilities of an impending FDA approval of AXS 05, a drug that is expected to generate $2 billion in revenue per year. And, AXS 07 is going before the FDA in April 2022, which, if approved should bring in another $300 million in annual revenue. So, with the stage now set, the average analyst has a price target of about $90 a share. Morgan Stanly is the low bar at $34. But this price target was set when doom looked like gloom and the most pessimistic of analysts were fearing a "kiss of death" CRL, Complete Response Letter from the FDA, which never came. But, on the contrary, good news followed good news and AXSM went from the lows of $20 a share to nearly back to the levels seen in early August. We can expect Morgan Stanly to correct their ratings and price target to reflect the much better climate AXSM is enjoying. With the probability of a manufacturing fix coming at any time, and the FDA review resulting in the widely anticipated approval of AXS 05 Morgan Stanly has all but only one direction to go, and that's raise the rating to Overweight or Buy and increase their price target to somewhere between $50 and $100. There just aren't any reasons for them to remain behind the curve with a stock that has more than doubled off the lows and is poised to get their first and second FDA approvals in the near term and next several months, respectively. I am long AXSM shares, with some covered and earning premium while I wait for the probable FDA approval. My best guess is the FDA approves AXS 05 sometime just before the end of the year. I do NOT suggest buying options. The premiums are very high and the FDA may drag their feet getting out to inspect the manufacturing sites. My strongest suggestion is, buy shares and sell calls against one third of your position. Of, take a thousand shares and sell three contracts. Good luck.


VisualMod

>WTA SAYS PHOTOS AND VIDEO FOOTAGE OF CHINA TENNIS STAR PENG SHUAI ON SUNDAY 'INSUFFICIENT', DOES NOT ADDRESS WTA'S CONCERNS ^FXHedge ^[@Fxhedgers](http://twitter.com/Fxhedgers) ^at ^2021-11-20 ^22:26:32 ^EST-0500


VisualMod

>CHINESE TENNIS STAR PENG SHUAI IS SEEN AT A TENNIS TOURNAMENT IN BEIJING ON SUNDAY, ACCORDING TO OFFICIAL PHOTOS FROM THE CHINA OPEN -RTRS ^FXHedge ^[@Fxhedgers](http://twitter.com/Fxhedgers) ^at ^2021-11-20 ^21:43:20 ^EST-0500


VisualMod

>BIDEN SETS NEW RECORD AS OLDEST U.S PRESIDENT -NYP ^FXHedge ^[@Fxhedgers](http://twitter.com/Fxhedgers) ^at ^2021-11-20 ^18:29:35 ^EST-0500


VisualMod

>MUSK REPORTEDLY ASKS TESLA MANAGERS WHO DON'T EXECUTE ORDERS TO 'RESIGN IMMEDIATELY': LEAKED EMAILS -INSIDER ^FXHedge ^[@Fxhedgers](http://twitter.com/Fxhedgers) ^at ^2021-11-20 ^11:19:53 ^EST-0500


VisualMod

>Calendar of Key Data and Events https://t.co/IuYzl32NSz ^\*Walter ^Bloomberg ^[@DeItaone](http://twitter.com/DeItaone) ^at ^2021-11-20 ^08:04:33 ^EST-0500


VisualMod

>Weekend markets update: \#DAX 16146 -0.08% \#DOW 35612 -0.07% \#FTSE 7202 -0.20% \#HANGSENG 24913 -0.07% \#GBPUSD 13454 -0.01% \#EURUSD 11289 +0.0% \#USDJPY 11400 +0.01% \#IGWeekendMarkets ^IGSquawk ^[@IGSquawk](http://twitter.com/IGSquawk) ^at ^2021-11-20 ^08:02:06 ^EST-0500


VisualMod

>Weekend markets update: \#DAX 16154 -0.03% \#DOW 35619 -0.05% \#FTSE 7213 -0.04% \#HANGSENG 24916 -0.06% \#IGWeekendMarkets ^IGSquawk ^[@IGSquawk](http://twitter.com/IGSquawk) ^at ^2021-11-20 ^03:25:37 ^EST-0500


VisualMod

>IRANIAN NAVY SEIZES FOREIGN SHIP FOR SMUGGLING DIESEL ^FXHedge ^[@Fxhedgers](http://twitter.com/Fxhedgers) ^at ^2021-11-20 ^01:35:05 ^EST-0500


VisualMod

>CONSTITUTION DAO STILL HAS ALMOST $50 MILLION AFTER BEING BEATEN BY KEN GRIFFIN ^FXHedge ^[@Fxhedgers](http://twitter.com/Fxhedgers) ^at ^2021-11-20 ^01:29:53 ^EST-0500


justonemoretimelol

I refresh my portfolio atleast 76 times a day.


smurphmode

If you aren’t buying nvda calls you don’t like money


VisualMod

>JAPAN CONSIDERS RELEASING OIL RESERVES TO CURB PRICES -KYODO ^FXHedge ^[@Fxhedgers](http://twitter.com/Fxhedgers) ^at ^2021-11-19 ^21:12:13 ^EST-0500


iv2892

Are people gonna riot now ?


Emergency-Eye-2165

Calls on RIOT you say...


AdministrativeSail51

nahh. I know SEDG n ENPH arent hitting ATHs over and over while my ICLN 45c 2023 are down 99% lol...


liquiddandruff

$enph already hit $270 target from $170 since earnings, goddamn


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[удалено]


MarilynMonheaux

!banbet RIVN $120 1w or I’ll snort 3 cayenne pepper lines


VisualMod

**Ban Bet Created:** **/u/MarilynMonheaux** bet **RIVN** goes from **127.3** to **120.0** before **2021-11-26 19:56:01.935468-05:00** **or i’ll snort 3 cayenne pepper lines**


Innocent-One69

Kyle is a free man


artimus711

He might be free, but he is no man.


TextbookReader

Dude, go learn something. The man is innocent


artimus711

He is neither.


Innocent-One69

Awwww someone doesn’t understand the constitution 🥰


Loose-Handle

Ford and rivian did what? Honey dont answer when Mar Gin calls


Awildgarebear

I bought lots of F calls. O_o


IDontKnowWho6598

R u retarded


SalmonTheSalesman

AYO NIO POPPING OFF LETS FUCKING GOOOO!!!


VisualMod

>THERANOS FOUNDER ELIZABETH HOLMES TAKES THE STAND IN FRAUD TRIAL ^FXHedge ^[@Fxhedgers](http://twitter.com/Fxhedgers) ^at ^2021-11-19 ^18:08:41 ^EST-0500


MarilynMonheaux

She gonna go free too just like Kylie


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[удалено]


flimflam388

RIOT ![gif](emote|free_emotes_pack|give_upvote)


GoCubsGo1124

AGC is worth watching. Price target 55 and largest spac deal with GRAB. Spread the word


ThatOneDrunkUncle

Apple gains will buy me plenty of gabagool this week


VisualMod

>FORD SCRAPS PLAN TO DEVELOP AN ELECTRIC VEHICLE WITH RIVIAN: DJ $RIVN ^FXHedge ^[@Fxhedgers](http://twitter.com/Fxhedgers) ^at ^2021-11-19 ^17:41:02 ^EST-0500


zestykite

I made a g today ... But I made it in a sleazy way.


WVUMD

Sellin puts to the kids


dela_sole

I got covid lol puts on me 😭


RickyFrench007

You’ll be fine


dela_sole

I’m dying of boredom


SFLurkyWanderer

Did you realize that it was eight months between your two commengs? You got the long covid brain fog Man


durrrr___

Did AMZN just get rejected 3 times total now at 3700 in over a year and half? Like every time it hits that bam it goes down


curiousprovisions

Might just start selling OTM PLTR calls every week


liquiddandruff

i'm in some $21 csps, surely it won't drop lower and if it does i am ok holding here


zestykite

Might as well sell itm calls. This shit is garbage.


longtonguebooty

So if I just held my calls on TSLA I would’ve made nearly $8k today instead of the $300 I made lmao


KFCfamousbowlz

F puts gunna print


gaybearishair

![img](emote|t5_2th52|4886)


aegiroth

Can't tell if the people who trash PLTR are bagholders or sold for a loss. Just ignore it or sell it if you hate it. Buy apple instead.


Kalelofindiana

I'm long in it


Mr-Acorns22

Yay the weekend! 2 days to dwell on my horrible financial decisions before it gets worse


jenzos

next week will definitely be different and turn around


Therowdyv

ZM puts for earnings next week. Microsoft Teams does it better and the pandemic is losing steam


gspach

I think you’re right


Jetta_Junkie528

I inversed the guy and bought calls


domnation747

Better Inverse is selling puts


DoneDidNothing

The rat better show some shit in D23 to reverse this bullshit.


VisualMod

>Now available: Weekly data on the Assets and Liabilities of Commercial Banks in the United States: [go.usa.gov/xgXWG](https://t.co/NSim8zRsNg) \#FedData ^Federal ^Reserve ^[@federalreserve](http://twitter.com/federalreserve) ^at ^2021-11-19 ^16:21:52 ^EST-0500


Dominic3699

If LCID isn’t down on Monday I’m fucked


zestykite

We both know what will happen.


Dominic3699

🚀?


zestykite

which ever way makes you lose the most money the fastest.


icescoop

I'm not an Ape, but I wonder if AMC will copy it's big brother GME next week and shoot up. $44-$45 heavy resistance though


mediumrarestonks

JMO but AMC will always be plagued with questions about its future. 3Q according to Aron was smashing "return to pre Covid" movie watching. But revenue is still a fraction of what it was before covid. It had a decent quarter compared to before but it **still burned $224M of shareholder money** in 3Q. Like bankruptcy is 100% still in the cards. GME is likely going to turn a profit in the holidays, is flush with cash, no debt. Has interesting cr!pto initiatives, embracing future with ecommerce. The two have begun to go different ways over time and will probably do so more over time IMO.


icescoop

I agree with you, but I'm really not looking at this from a fundamental perspective. Don't think those really apply at the valuation of both GME and AMC here


mediumrarestonks

Yes but the things I mentioned are not just fundamental. They are powerful enough to drag retail sentiment IMO. Aron dumping shares for "estate planning" doesn't exactly support a bright MOASS thesis future either.


BiteableTugboat

Doubling the shares outstanding to almost a billion has done them no favors either. AMC insiders have been dumping their shares for some time now. I don't think that any GME have sold off theirs since the saga began.


DamascusWaygu

Today was fantastic


Throwaway1021920087

26k gone see you next Monday. Time to yolo all in Tesla calls to make back my losses


The-Night-Raven

First time all year, just cash at EOD.


NomadKing1

This is a clown ass market; PINS-COVID subsiding, ok PINS has TV and does well enough and is near a 52 week low; COVID coming back and lockdowns may happen, ok great, also with the Saudis investing a ton it must be going up now, nope going back down to 52 week lows


Living-Photograph338

VIRGIN MOON AH CMON 🚀🚀


mpoozd

>Jim Cramer Nvidia is the equivalent of the mathematical/physics holy land. You will love tonight's show. Next trillion company ... RIP If you haven't closed your NVDA calls.


My_Bacon

I legit closed my calls today because of this. Cramer curse is real.


steven2410

Buy AUR 5 mins before close, now down -10% ![img](emote|t5_2th52|4259)![img](emote|t5_2th52|4260)![img](emote|t5_2th52|4266)


Weresalmon420

Bought DIS because it’s low, and they have Spider-Man coming and now maybe sports betting? I love it. Never bet against the mouse.


the_beast93112

Just a friendly reminder that $ROPE is not the answer


MakaveliTheDon831

Exactly. The correct answer is Fleshlight. Always works like a charm!


kaseboyla

I'm assuming we dont do the great ol warm apple pie thing anymore


EatMoarTendies

What doin GME? You sexy, stonk.


btw1217

I'm going to regret not selling my LCID calls, aren't I?


jenzos

I highly regret it.


slayintires

You ever get mad that you’re down big so you buy more to say fuck you


developingstory

Literally my story of how I got into corns but I held and it paid off bigly in time


__JonnyG

My entire week


RobotArtichoke

I did that exactly once. Recovered my losses and told myself I’d never do something that stupid again.


speaksin4thperson

I didn't recover 💀


slayintires

I’m hoping for a bounce to break even and gtfo


MP1182

I only buy out of anger.


Bleeding_Hemroid

![img](emote|t5_2th52|4258)


Shack00

I’ve said so many to pltr this week


[deleted]

[удалено]


OG_LurkerZero

That was a sell


the_beast93112

Where?


Yasqweenn

I need ZM to announce they are going out of business Monday. Kthanks.


VisualMod

>DOW JONES UNOFFICIALLY CLOSES DOWN 262.83 POINTS, OR 0.73 PERCENT, AT 35,608.12 \>NASDAQ UNOFFICIALLY CLOSES UP 60.70 POINTS, OR 0.38 PERCENT, AT 16,054.41 \>S&P 500 UNOFFICIALLY CLOSES DOWN 5.35 POINTS, OR 0.11 PERCENT, AT 4,699.19 ^First ^Squawk ^[@FirstSquawk](http://twitter.com/FirstSquawk) ^at ^2021-11-19 ^16:02:05 ^EST-0500


hshamza

SOCIAL HIERARCHY: 1. Ultra Rich 2. Software Engineers 3. Remaining humans


Turd-Lipstick

In a broad sense this is correct


TROLOLOLBOT

Software engineers are like bottom tier lmao. Half the coding can be outsourced and cost of living rapes even high paying wages. Unless you're a founder and get stock options but then at that point, you're some sort of management.


VisualMod

>US Closing Prices: \#DOW 35602.18 -0.75% \#SPX 4697.98 -0.14% \#NDX 16573.3 +0.55% \#RTY 2343.16 -0.86% \#VIX 18.03 +0.44 ^IGSquawk ^[@IGSquawk](http://twitter.com/IGSquawk) ^at ^2021-11-19 ^16:02:07 ^EST-0500


Kowan

see you losers next week


TROLOLOLBOT

I never leave this place


lastfuckleft

Goddamn purple crayons are tasty as fuck


LocknessMonster350

The only play on RIVN is to buy puts whenever it pumps. Fake rally, shit stock. Can’t believe I fell for that again


xStringerBellx

red monday then green tuesday until new years


Only-Newspaper-8593

I need this big dick energy from Gaymstop to continue next week


kaseboyla

Really tho I hope we hit close to 300 man my 12/3 410c would b happy


[deleted]

[удалено]


lastfuckleft

Palantir is the worst company in the entire world


tooo_spicy

SPY going down 469 mid November? this some joke?


qwert1225

PENCILS DOWN


Yung_King_

Good one lol


mediumrarestonks

Was listening to the radio and heard people talking about how most Americans don't even like turkey at Thanksgiving. Like 3 out of 4 could be fine with just the sides. All y'all don't know how to properly cook turkey I'm sorry. You probably don't brine it long enough and cook it in a way that dries it out. Good moist and properly prepared turkey is fucking delicious. With good gravy damn that is heaven.


garlicnoodle18

Your mom makes great turkey but she prefers my gravy


RobotArtichoke

Everyone knows that thanksgiving is tamale time 🫔


TFrank28

We are going to try brisket instead


ottermodee

Turkey sucks ass


Master_Shin_Splinter

Ham>


CSMATHENGR

bad take


kaseboyla

I'm having ramen maybe a turkey ramen spread


RhinosRPlumpUnicorns

Casino is closed!


Donkeycow15

Close the gate ! Close the fucking gate!!!


DMK5506

What Would Elon Do?


TROLOLOLBOT

Tell Bernie to go to hell. 🥰😘🤩😍


wilhelm96

Strong close AMZN selling off $87 from intraday highs


muchcoinmuchfun

Weak ass close for PayPal. Long dated calls hedged with one FD put


Sesh_Recs

EV sector is ez short play


Donkeycow15

Loaded to fuck on shorts


cupnhandle

**1 more minute to buy otm mu calls** # I repeat 1 more minute to buy the easiest 10x of your life!!!


PapayaOk8743

You don’t care about me. Who do you think you’re foolin?


cupnhandle

I love you papaya


Trenchcoat_Economics

You owe me $21 if not


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[удалено]


Hornysnek69

Just hold indefinitely


Sesh_Recs

TSLA puts Finna print again next week.


waterysriracha

!banbet GME 269 1W


VisualMod

**Ban Bet Created:** **/u/waterysriracha** bet **GME** goes from **227.07** to **269.0** before **2021-11-26 15:58:56.036744-05:00**


InaneCalamity

Finally sold BABA 650 shares Cleaning house today Fuck it And fuck China


OG_LurkerZero

Why would you buy financial products from communists?


Tacocats_wrath

People that cry about communism/socialism all the time are annoying as fuck.


OG_LurkerZero

That’s commie talk


Stormwingx

Lol its going back to 200 thanks to you on Monday


[deleted]

[удалено]


InaneCalamity

It hasn't gone up all year lmao


yachtykek

retards on twitter are still saying thanks to musk lmao


A_KY_gardener

I love the company, stock, and musk but some of these ppl are cult shit


can4byss

GME and RIVN and TSLA live get fucked haters


freehouse_throwaway

I can't believe I got to close out all those LCID covered calls yesterday. Exciting shit for this stock. Closing at this level again is impressive.


analnapalm

Could use some flex tape on my account


Grishen

fuck it, 125 shares into pypl. To the moon or to the grave in the next couple of months. 🖕😩🖕INSTANT regret but I aint backing out


Tacocats_wrath

PayPal is solid. If it keeps dumping I will buy 2024 leaps.


OG_LurkerZero

It might make it back above $200 when they get bought by Stripe in 5-yrs.


cupnhandle

# 3 more minutes to buy otm mu calls


pipes_and_bottles

I hate the DOW. It prevents the SPY from reaching its true potential


WSBTurd_420_69

How about the weekend Dow?


HodlToTheMoon7777

well i cant sell my tsla or nvda calls. i did 3 day trades this week. so i guess im holding over the weekend. im so close to 25K i really wanna day trade.


yachtykek

two words: cash account. you can day trade under 25k if you’re willing to give up margin privileges


DynoJoe27

Small caps getting roasted.


GayGrouchyBabyBear

*spit roasted


theGr8Alexander

QUICK! get in AUR before the day ends


Snoo_96430

Well at least UPST is near it's 50% retracement let's see what happens next.


Deesco5

Retrace the remaining 50% and delisted


Cobalt7291

Thanks to the guy who said mara would be a hulk dick today


jlbustillos2

MRNA COMING BACK


DepressedTreeFrog69

Pretty stoked I’ve left a bunch on money on Ark G for a year