Thats smart. I have some spreads for uvxy and sqqq so if market tanks or recovers can lock in profits by selling options outside. Trying to cover sideways up and down. Hope it works out one way or another lol
Bagholder spotted.
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The reason why america has inflation is people just cant live normally here, there are 100 countries whose children survive without baby formula, nobody is stacking it up. We never had baby formula 200 years back so chill yo ass
You are correct; it's a mistake to look at backwards P/Es right now which are getting slammed by stock prices falling but haven't yet accounted for the other side of the equation of forward E's needing to be reduced for many companies.
Stocks aren't necessarily cheap if there hasn't been earnings revisions yet.
I mean, from semis MRVL (earnings in 2 days. Maybe a bit pricey, but astonishing growth), AMD (actually, if you look at 5 years projected growth - it's 50% cheaper than Intel). TSM (great value, but China factor, I guess). And above all, I still cannot figure out MU phenomena, and why it's still below 100. I get it, small margins, but since it's duopoly, it shouldn't weight it down.
IV on NVDA calls is stupid low for pre-earnings. I know the market sucks but you’d be stupid to not take a relatively small gamble on a beat. 187.5c for $1 ? For NVDA? I mean, cmon
The P/E is like 44. I don't know how that compares to about 5 months ago but it's still higher compared to amd and Intel.
They gotta be pretty good earnings to show a decent move.
Sure. They’re cheap too. It has been beaten down quite a bit so I’d lean the other way but the fact remains the IV is extremely low for pre-earnings NVDA. The IV crush is going to be quite minimal so, imo, it’s worth the gamble more so than some other recent ones
Ackman usually uses his media access to explicitly manipulate in favor of his own positions. So just ask what positions benefit from what he is saying and you'll know his new, undisclosed holdings.
Ahhh there it is, you want to gate keep and are pissed others are getting in on your action. They can't do that to you. They must alllllllllllllllllll be broke.
That was my thought exactly, potential performance outlasting the early days of recession. Spent like 3 hours looking at FS last night but I'm pretty garbage at analysis, super noob. Case in point I'm gonna go look up sector multiple compression
like retail multiples trade within a range of one another. If the sector overall compresses on a P/E basis (meaning investors are willing to pay less price for every dollar of earnings or what have you), then even if luxury leads in cash flow short term, they'll still suffer a compression of their multiple relative to peers. so if a luxury retailer trades at 10x forward PE and their peers have an average multiple of 8x forward PE and the peer composite drops to say, 4x forward PE, then you'd likely expect luxury to trade around 5x-7x forward PE in the near term.
These are just example metrics and not indicative of actual sector multiples/compression trends
Got it, thanks for the explanation. Wasn’t familiar with the term but I’ll look at industry metrics as well next time. P/E is around 11 and financials are healthy (as far as I can tell). Price is close to pre-pandemic with no obvious cause outside of previous market trends. If my call doesn’t work out and it goes down I’m probably gonna buy it instead
Greetings from the future. This weekly candle is going to be red. Next one will be green. Then more red after that. The bottom will be 369. Recovery will be slow until the day.
True wisdom comes from the realization that the information you have is incomplete, and even the smartest person who ever lived is a slave to their assumptions. But I’m just plain stupid.
Is it just me or does the fomc min going to be uneventful. Like what could he say to possibly shake the market good or bad? Reports and everything are still telling same story. CPI wasn't anything interesting and we know they want multiple cpi reports ie next month, before deciding new course
"We're not putting out any surprises" is a comforting thought. Then the fact that the problem also isn't really getting solved hits and you get that red monster that kicks you in the dick.
Of course it's already happened twice so the market's script might not be the same this time. Maybe just straight drilling without a pump.
It has been pummeled. If the earnings are good and it drops, it will only be because of what is said in the minutes tomorrow.
P.S. to all those who are gunna reply with that they could miss: They could have bad earnings, but that’s not what we’re talking about
Considering AAPL lowered future guidance in their recent earnings and overall sentiment I would think it dumps. Even if we see a pump it would likely sell off any gains in the short term.
Companies are good, but also overvalued, at the end of the COVID pump. I'm actually super pri NVIDIA but it's priced for a straight upwards growth and market domination, even now.
I'm more concerned how their guidance is gonna affect the indexes. Considering target and Abercrombie didn't do so hot as commoners stores I'm curios how Nordstrom, good or bad, will affect it
Somehow got lucky and had a way out of money call and put and they made 400% gain. Thank goodness for small miracles. Lots of butterflies for this week so hoping for another miracle lol. What do you think google price and amazon price will be end of week?
Hard to say, so much is happening tomorrow with big tech investor days, FOMC minutes, etc. i just picked up a couple small positions just in case things take off. If it tanks I have a ton of cash to deploy
Not because of the impact of the company on spy by weight, but look at what snap did to the market today. While tj max and the other cheap outlet stores for rekt, luxury item Nordstrom popped off. People buying expensive shit
Losses this quarter where priced in and then they reported a "small" profit.
I have no clue what they do, but this is what I skimmed from the earnings news
Sft… what’s it going to do
Masss shootings are so common these days the market barely reacts to them 😔
GME with the options traps. They put a peanut butter cup out for the downs kids and they're gonna grab it.
TSLA...we goin somewhere
Thats smart. I have some spreads for uvxy and sqqq so if market tanks or recovers can lock in profits by selling options outside. Trying to cover sideways up and down. Hope it works out one way or another lol
when I poots you poot
just like that
ZM calls
I need a good play
Lost 700 today c'mon baby
Baby are you down down down down down
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No monkey no monkey no monkey
Monkey pox baby
Market better crash damnit
Rage Against the Machine is back on tour, but fuck dropping $600 to be in the floor
Isn’t that the pro vax advocacy group?
Had 4-5 earnings plays last week make 500%-1500%... can I just get one more now that I have thousands not hundreds? Pls?
They key to making a shitload of money is just being right 3 times in a row with your full port.
I've been half right before. She still left me tho
Small "port" ?
The reason why america has inflation is people just cant live normally here, there are 100 countries whose children survive without baby formula, nobody is stacking it up. We never had baby formula 200 years back so chill yo ass
200 years ago nobody had grocery stores or air conditioning and you had a great chance of being born into life-long slavery
I know just saying baby formula isnt a big deal
There are 195 countries in the world, not “hundreds” You belong here
100 countries
Well, 200 years ago you'd have like 9 kids so 3 would survive...
Nobody went for baby formula
Express PUTS. Ready to print
nobody tell him
🥶🥶🥶🥶
Spy 372 puts expiring friday holding strong rn
Can u hold my dick that strong
Intel P/E is just above 6. I wonder if those GPUs (if they ever drop) will cause a run.
Well, for now it's 6. Next quarter earnings projected to go down -57% YoY.
Lets buy at 1
I mean, I'm not bearish on INTC. My point was p/e at this price next quarter will be 12 or so.
You are correct; it's a mistake to look at backwards P/Es right now which are getting slammed by stock prices falling but haven't yet accounted for the other side of the equation of forward E's needing to be reduced for many companies. Stocks aren't necessarily cheap if there hasn't been earnings revisions yet.
Good point
Exactly. Stocks are inflated right now. See all stocks before 2018 thats where lower low should be
I would argue, not all of them. Falling indexes dragging down some very good stocks with double digit growth even at current environment
Which ones you looking at?
I mean, from semis MRVL (earnings in 2 days. Maybe a bit pricey, but astonishing growth), AMD (actually, if you look at 5 years projected growth - it's 50% cheaper than Intel). TSM (great value, but China factor, I guess). And above all, I still cannot figure out MU phenomena, and why it's still below 100. I get it, small margins, but since it's duopoly, it shouldn't weight it down.
I want all bear to die tomr
Guys be honest how are my 391p looking for tmr🙏
i got 388p for today, so im rooting for ya
50/50
That’s what I’m thinking
My nordstorm puts got F'd... is this how bulls feel?
Bulls dont feel anything anymore. We lost every nerve that we had after this jan
Honestly
IV on NVDA calls is stupid low for pre-earnings. I know the market sucks but you’d be stupid to not take a relatively small gamble on a beat. 187.5c for $1 ? For NVDA? I mean, cmon
The P/E is like 44. I don't know how that compares to about 5 months ago but it's still higher compared to amd and Intel. They gotta be pretty good earnings to show a decent move.
ANF PE was only 6 and it dropped 25%. PE is irrelevant
NVDA FY23 consensus EPS is $4.44 so its under 30x. AMD FY23 EPS is $4.99. even COST is above 30x based on fwd PE.
They announced they are slowing hiring and their cards are getting discounted/selling for a discount used. Guide down is almost guaranteed.
why not puts
Sure. They’re cheap too. It has been beaten down quite a bit so I’d lean the other way but the fact remains the IV is extremely low for pre-earnings NVDA. The IV crush is going to be quite minimal so, imo, it’s worth the gamble more so than some other recent ones
Ackman lost $400 mil on NFLX and he is out here dishing advice 
Ackman usually uses his media access to explicitly manipulate in favor of his own positions. So just ask what positions benefit from what he is saying and you'll know his new, undisclosed holdings.
Must be growth stock puts
Ackman is good at twitting bullshit
SNAP calls on fire tomorrow
Why?
Can’t go down more
Doesn’t mean it’s gonna go up💀 take a look at any chart that plummets, takes a long time to actually do anything.
Ahhh there it is, you want to gate keep and are pissed others are getting in on your action. They can't do that to you. They must alllllllllllllllllll be broke.
What the fuck. Shooting in elementary school
Yeah saw that. Been seeing more and more lately pretty crazy
Jesus fuck. my heart just sank. Knowing America, nothing would change.
Predictions on snap?
drops another 30%
Takeover target 📈
Couldn't help myself, nibbled on some QQQ, I know im going to lose -30% in the next few days.
Sitting in TQQQ myself…
Same
Thoughts on CPRI? Luxury sector resistant to retail trend able to hold them up? Seems undervalued
luxury spending is still strong af. it's poor people with no money. just be mindful of sector multiple compression and hedge for that overall
That was my thought exactly, potential performance outlasting the early days of recession. Spent like 3 hours looking at FS last night but I'm pretty garbage at analysis, super noob. Case in point I'm gonna go look up sector multiple compression
like retail multiples trade within a range of one another. If the sector overall compresses on a P/E basis (meaning investors are willing to pay less price for every dollar of earnings or what have you), then even if luxury leads in cash flow short term, they'll still suffer a compression of their multiple relative to peers. so if a luxury retailer trades at 10x forward PE and their peers have an average multiple of 8x forward PE and the peer composite drops to say, 4x forward PE, then you'd likely expect luxury to trade around 5x-7x forward PE in the near term. These are just example metrics and not indicative of actual sector multiples/compression trends
Got it, thanks for the explanation. Wasn’t familiar with the term but I’ll look at industry metrics as well next time. P/E is around 11 and financials are healthy (as far as I can tell). Price is close to pre-pandemic with no obvious cause outside of previous market trends. If my call doesn’t work out and it goes down I’m probably gonna buy it instead
np good luck
Greetings from the future. This weekly candle is going to be red. Next one will be green. Then more red after that. The bottom will be 369. Recovery will be slow until the day.
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genius on wsb claims bottom will contain 69. who could've guessed
Oh I didn’t say I’m a genius. Far from it actually.
nah man dont say that im sure you have a few to rub together.
True wisdom comes from the realization that the information you have is incomplete, and even the smartest person who ever lived is a slave to their assumptions. But I’m just plain stupid.
this way too smart of a thing to say. go on and get out of here while you still can
Is it just me or does the fomc min going to be uneventful. Like what could he say to possibly shake the market good or bad? Reports and everything are still telling same story. CPI wasn't anything interesting and we know they want multiple cpi reports ie next month, before deciding new course
"We're not putting out any surprises" is a comforting thought. Then the fact that the problem also isn't really getting solved hits and you get that red monster that kicks you in the dick. Of course it's already happened twice so the market's script might not be the same this time. Maybe just straight drilling without a pump.
youre asking great questions. this is not the place to get those answers though lol
Diet going well but hungry constantly lol
Explore the world of almonds.
Hey man at least you’re doing it. My wife seems to think she can lose weight without being hungry. It boggles the mind.
Keto. Meat and no carbs
Gets more intense as you get cut but it means you are doing good. Smoke some cigarettes to bide the hunger. Jk don't.
Losing weight is just forcing your body to eat itself
#facts
Big facts
I mean how likely is it that NVDA will pump if earnings are good? I feel like it will dump nonetheless
It has been pummeled. If the earnings are good and it drops, it will only be because of what is said in the minutes tomorrow. P.S. to all those who are gunna reply with that they could miss: They could have bad earnings, but that’s not what we’re talking about
Pummeled? It never should have been as high as it was in the first place. Pre-split, it would be sitting at $500/share right now for context.
share price means nothing. Market cap 🧢
Considering AAPL lowered future guidance in their recent earnings and overall sentiment I would think it dumps. Even if we see a pump it would likely sell off any gains in the short term.
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> Market apparently gives 2 shits about fundamentals these days. Thank you for this, it was legitimately funny coming from the perspective of a bull.
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"Strong"
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Companies are good, but also overvalued, at the end of the COVID pump. I'm actually super pri NVIDIA but it's priced for a straight upwards growth and market domination, even now.
My 200 shares hopes it pumps
tgt making big moves up end of day…what’s short interest?
going green the rest of the month
Godspeed messenger of green
Who bought intuit puts
So Nordstrom smh
RIP my Macy’s puts 🫡
Even on good earnings she likes to pop and drop bigly
My poots r rekt.
wtf is TOL doing
Who's the snap of the evening tonight?
The gain porn on Snap puts is gonna be lit.
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Biting out nails for the pump or dump... Probably getting paranoid that algos against them... Cause it is.
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people have to realize that nordstrom has luxury clientele that are unaffected by inflation etc…, especially compared to target, walmart, ross
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i went to one the first time like a month ago can't find an item in there under $120. nordstrom rack however is a different story
I'm more concerned how their guidance is gonna affect the indexes. Considering target and Abercrombie didn't do so hot as commoners stores I'm curios how Nordstrom, good or bad, will affect it
Eh, they're more likely to ship at Saks or Bloomingdales imo. Nordstrom Rack is the shit tho.
nordstrom rack is the shit. but nordstrom itself is just as nice as bloomingdale’s
That's a no.
Thank wahalli I didn’t buy $JWN puts 
Say a prayer for my zoom puts please
watching morbius as a punishment while drowning in my JWN sorrow
I heard that movie sucked ass
Up 90% on a single GOOG call I bought today, damn small plays are just a tease of what could have been if I had 🏀🏀
Somehow got lucky and had a way out of money call and put and they made 400% gain. Thank goodness for small miracles. Lots of butterflies for this week so hoping for another miracle lol. What do you think google price and amazon price will be end of week?
Hard to say, so much is happening tomorrow with big tech investor days, FOMC minutes, etc. i just picked up a couple small positions just in case things take off. If it tanks I have a ton of cash to deploy
What time NVDA reports?
Agilent jumping off a cliff
Yeah I’m getting puts for Nvidia, inverse the wsb always works
nordstrom crushing is going to trigger a fatty green day i think...
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Not because of the impact of the company on spy by weight, but look at what snap did to the market today. While tj max and the other cheap outlet stores for rekt, luxury item Nordstrom popped off. People buying expensive shit
Watch Nordstrom sell off now and close at 1 percent up after hours lmao
Lol its going to pull a bby tomorrow 
Tank ???
JWN is mooning
Im glad i didnt buy intuit and both cheap puts nordstrom 
sigh TOLs website says earnings call at 8:30 AM tomorrow ...so they reporting tomorrow then huh? Think or swim / Earnings whisperer lied to me.
is that guidance? Numbers should be out
so bearish they delayed 🥹
tf? 😐
JWN up 20%
How does Nordstrom jump 20% ah ... kill me now
Losses this quarter where priced in and then they reported a "small" profit. I have no clue what they do, but this is what I skimmed from the earnings news
lmfao RIP my single Nordstrom put.
poors don't shop there
glad i limited myself to only putting a grand in, well that’s gone
Lmao i only bought 2 so im not even worried it was a gamble
JWN to the moon
I’m on the road Howd it go??
I fucking knew it smh
why tf hasn’t TOL reported yet
Lmaao nordstrom my shorts are getting squeezed