Anybody Buying Yet? Where’s the Bottom?

? not sure what you mean.

Off topic, but I will say that after driving back home from a hunt for 1000 miles I hope they get self-driving semi trucks on the road ASAP because the quality of professional driving is going into the garbage fast.
I have noticed it as well…going cross country I avoid I-80, triple the number of semi’s vs I-70. Those things passing each other jams up traffic constantly.
 
I have noticed it as well…going cross country I avoid I-80, triple the number of semi’s vs I-70. Those things passing each other jams up traffic constantly.
On I-80 I felt like an antelope trying to cross the road. Even the trucks just about hit each other. On a positive note, given the number of trucks I saw overnighting in the truck stops and ramps, the economy is doing just fine.
 
Well my Gevo finally took off like I hoped they would. Feels nice to finally not stare at crippling losses for years and have some nice gains.

Still only $3 a share right now, but it wasn't very long ago I was picking up extra shares at $0.50 😁


I will say, I firmly believe in what they are doing as a company and wasn't going to pull out when we were down, but man it feels nice to be validated with some gains finally
I had those days... 10 years ago. I wish you the best. Hopefully their acquisitions spurred some forward progress. This is from 2014 on Hunt Talk.

 
I had those days... 10 years ago. I wish you the best. Hopefully their acquisitions spurred some forward progress. This is from 2014 on Hunt Talk.

Is this my future?! Hahaha

Did you end up selling?
 
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Apparently there is some big event on Nov 5. Anyone putting on any election plays, or just waiting to react to market dislocations?
Seeing a 2pt difference in implied vol on S&P (approx 16.5 vs 18.5) from Nov 1 to Nov 8 contracts. Not much difference XLE (energy - 1pt), huge difference in TAN (solar- 15pt), big difference in XLF (2.5pt), even TLT (long Treasury) has a 3pt difference. Lots of people buying protection, apparently.
No ideas? I'm disappointed in this group. Last chance. We still have Monday (and Tuesday, I guess) to put on trades. Give me some things to trade!!! Maybe preelection or things you are looking for that you would buy or sell if there was a sharp reaction on the news. Let's try to make some money from this train wreck!

OK, I hate admitting this publicly, but I went long nat gas today. 🤫
 
No ideas? I'm disappointed in this group. Last chance. We still have Monday (and Tuesday, I guess) to put on trades. Give me some things to trade!!! Maybe preelection or things you are looking for that you would buy or sell if there was a sharp reaction on the news. Let's try to make some money from this train wreck!

OK, I hate admitting this publicly, but I went long nat gas today. 🤫
You could give me all of next week's news today and I wouldn't have a clue of how the market would react. The most common thought a month ago though was "volatility pre-election and then rally post-election." October was pretty quiet so maybe we get the opposite of that and the market sells off post election (regardless of who wins). I think another 2-3% pullback would be a nice early Christmas gift and so that's what I'm hoping for. Have some buy orders in.

Didn't you go long gas a month or two ago?
 
No ideas? I'm disappointed in this group. Last chance. We still have Monday (and Tuesday, I guess) to put on trades. Give me some things to trade!!! Maybe preelection or things you are looking for that you would buy or sell if there was a sharp reaction on the news. Let's try to make some money from this train wreck!

OK, I hate admitting this publicly, but I went long nat gas today. 🤫
I’m not making the play but I think short on SPY for the rest of week would be a reasonable bet. In all likelihood, we won’t have a winner called on the 6th and I would think there will be at least a short-term pullback until that shakes out.
 
Bad burrito?

I hear DJT might be a real bargain!

I love burritos but haven't had a bad one in a while, thank goodness. 🙏 DJT is trading on news and polls and after the election it probably goes down either way. Good name to look to short on a pop in he wins (not investment advice). If you're looking at a DJT win, sell defense stocks?

...market sells off post election (regardless of who wins). I think another 2-3% pullback would be a nice early Christmas gift and so that's what I'm hoping for. Have some buy orders in.

Didn't you go long gas a month or two ago?
Sell the event either way is a good thought. Good chance the decision is unknown on Wednesday. Already seeing claims of voter irregularities to set up claims of fraud. Setting the table makes sense if your downside is jail time. Just hope there is not violence. It probably isn't about who wins or loses for broad market. The event creates some vol and different reactions on various places will be interesting.

Yep. long one day and gone the next. Have made some decent money in the space. But like Fight Club, we don't talk about nat gas when we have a trade on. $hit, broke my own rule!!!!
 
Apparently there is some big event on Nov 5. Anyone putting on any election plays, or just waiting to react to market dislocations?
Seeing a 2pt difference in implied vol on S&P (approx 16.5 vs 18.5) from Nov 1 to Nov 8 contracts. Not much difference XLE (energy - 1pt), huge difference in TAN (solar- 15pt), big difference in XLF (2.5pt), even TLT (long Treasury) has a 3pt difference. Lots of people buying protection, apparently.
The results are in and the market spoke, for a day at least.
TAN -4.5% (solar tax policy adjustments?, TSLA up 15%, so kissing ass helps?)
TLT -2.75% (10yr yield up 0.15%, so much for lower mortgage rates)
XLF +6.1% (steeper yield curve. FOMC meeting tomorrow)
XLE +3.75% (oil flat, so more of a tax/regulation adjustment?)
 
The results are in and the market spoke, for a day at least.
TAN -4.5% (solar tax policy adjustments?, TSLA up 15%, so kissing ass helps?)
TLT -2.75% (10yr yield up 0.15%, so much for lower mortgage rates)
XLF +6.1% (steeper yield curve. FOMC meeting tomorrow)
XLE +3.75% (oil flat, so more of a tax/regulation adjustment?)
Yea was quite the day! I didn't have any of the regional banks but holy F did they rip higher. 13%ish.

Has been awfully tough for anyone that's been fighting the uptrend this year. Being close to fully invested, sitting on my hands and doing little to nothing has been the best thing I've done all year. The leveraged ETFs have gone gangbusters this year.
 
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