Hey Nerds: Blockchain

[Preston]

Is this MJ blast off because Elon said MJ should be legalized federally? That seemed to get a lot of play over at WSB (I visited this weekend for the first time in several weeks and they were all in on yolo plays). Fucking freaks.

 

[CH1]

just your typical +130% intraday move on an energy stock...actually 195%. this chart is delayed

 

[CH1]

June 19 options at $60 strike went from 73c to $27.00 35 bagger

 

[Preston]

June 19 options at $60 strike went from 73c to $27.00 35 bagger

LOF just jumped

 

[CH1]

Bought TLRY at 10 for the ride back to 300.

Tuscan Villa retirement home secured.

 

[CH1]

Is this MJ blast off because Elon said MJ should be legalized federally? That seemed to get a lot of play over at WSB (I visited this weekend for the first time in several weeks and they were all in on yolo plays). Fucking freaks.

everything is blasting off....market is one big bull rush. But I do think that MJ has a few other things going for it....chart technicals, good eanings on the US side, and regulatory optimism (slow but steady and definitely one way)

 

[Preston]

everything is blasting off....market is one big bull rush. But I do think that MJ has a few other things going for it....chart technicals, good eanings on the US side, and regulatory optimism (slow but steady and definitely one way)

Oh of course. I just meant today of all days. MJ was weak as balls until today, in particular Canadian MJ (other than Aphria) since the CGC earnings. But yeah.. It's their turn to run even without any pump from Elon.

 

[Preston]

Miss you @LeafOfFaith

 

[CH1]

Oh of course. I just meant today of all days. MJ was weak as balls until today, in particular Canadian MJ (other than Aphria) since the CGC earnings. But yeah.. It's their turn to run even without any pump from Elon.

The market seems to be controlled by retail traders these days (poster boy is stoolpresidente) and they're bidding up all their favourite sectors like MJ and low cost names in airlines and energy. Plus the #1 cult stock TSLA

The names that institutions pour their money into, like AAPL, MSFT, GOOGL, are not getting much love.

 

[Preston]

The market seems to be controlled by retail traders these days (poster boy is stoolpresidente) and they're bidding up all their favourite sectors like MJ and low cost names in airlines and energy. Plus the #1 cult stock TSLA

The names that institutions pour their money into, like AAPL, MSFT, GOOGL, are not getting much love.

Usually the sign of the end of a bull move.




Usually.




Times are weird. Big dicks may be back in the tech stonks by EOD for all I know.

 

[CH1]

Speaking of LOF, Royal Bank is down today, probably because they can't figure out how to keep their online brokerage up and running

 

[CH1]

Usually the sign of the end of a bull move.




Usually.




Times are weird. Big dicks may be back in the tech stonks by EOD for all I know.

It seems like the end, but it still can rip up another 3-4%. Hard to time when the greater fool theory stops working.

 

[CH1]

Nice 20% move in Cronenberg

 

[Preston]

It seems like the end, but it still can rip up another 3-4%. Hard to time when the greater fool theory stops working.

If we go parabolic to 3250 that's where my bear suit goes on. Not too far away.

 

[CH1]

If we go parabolic to 3250 that's where my bear suit goes on. Not too far away.

that could happen by tomorrow am...better try it on and make sure it still fits

 

[Preston]

that could happen by tomorrow am...better try it on and make sure it still fits

It's a fools play really. But I'm interested.

 

[CH1]

I added to my July SPX short on that latest spike. More of a hedge at this point that allows me to go full bulltard on select names

 

[Preston]

I just mostly want a piece of the upcoming consolidation. Still basically all cash outside of TER, CURA and TRUL.

 

[CH1]

No more silver?

 

[CH1]

went short NFLX via puts at 418.30 --- will sell for a small loss if it stays over 419.50 for 10 mins.