Whether real or not, the SEC tweet about a Bitcoin ETF approval showed us that major market players intend to sell the news. Bitcoin may end up giving back most of this rumor rally by the time this circus is over.
$TSLA and $NFLX report earnings today after close.
$TSLA has an implied move of 7.9%
$NFLX has an implied move of 8.9%
This is why it’s dangerous to play earnings. The IV on $TSLA is sitting roughly at 120% and $NFLX is at 150%
Don’t be stupid and play these
@JersaceX It’s also even worse than the 30k difference because the value of the dollar slowly depreciating over time so it’s probably even a larger gap difference
What I don't understand is why people continue to call for a recession.
Why hope for something so detrimental against your brothers and sisters?
During 1930 (the worst year of the great depression) the avg income was ~$4500 = to ~$88k today.
Median income in 2022 was $58k
That's 30k lower than the equivalent to what people were making during the worst year of the great depression and people are still frivolously spending money living check to check and thinking that our economy is in 'good hands'
$NIO 2 Hour
Starting to break it's base here and retest the breakout spot. $10.50 strong hold so far, below that look for any signs of support as buying opportunities down to $9.95.
This can get $12.35 and $13.25 and nobody would flinch.
$PENN #PENN Literally the same line chart as $NIO in early June.
This is how I find almost all my setups as I only used line charts when I started at 12 years old.
Ask me anything about trading related questions. I will try my best to answer them over weekend👇🏻
$SPY $QQQ $AAPL $AMZN $NVDA $TSLA $AMD $BABA $MSFT $GOOGL