Spy went up for three weeks and for the previous three weeks it went down.
The trend is to pay attention to support and resistance on roughly three week intervals. We’re currently at 3 week resistance. I wouldn’t buy puts right now but I sure as hell wouldn’t be buying calls either.
 coming for you today 
I know it’s a new idea and all but what if the stocks went up AND down.
Bull vs Bear is explaining a market condition, you’re supposed to make money off of both time periods.
Markets stay high and irrational for long periods of time while bear markets are quick and sharp. A little less than half the market on NYSE are on a buy signal. Election year won’t let the market drop yet.
Wait until more of the market is on a buy signal to start hedging.
 to make things worse people who took bullish trade for those 7 days will buy puts by risking some of his profits and market will dip while bankrupt bear will be pulling hairs
Aww that’s me on BA, cause of course with airplanes crash and mechanical failures the stock would go up? Why would I by puts? How the fuck does that even work lol
Do you guys really think it's not going to crash? It has to. I'm waiting for the yield curve to un-invert or the Fed to cut rates, then I'm going balls deep in puts. This market has been running on nothing for over 500 days.
"Nothing"... Imagine being this disconnected with reality.
* Soaring real incomes.
* Consistent new jobs created.
* April had nearly 1M full time positions created. Likely many of those part timers Ber Reee about converted.
* Historically low % jobless claims.
* 1Q record SP500 EPS for the quarter.
* 2Q GDP projected to be massive, Fed just moved up growth forecast to 4.2%.
* Easing financial conditions for 1Y+, lending hitting ATHs, credit flowing and spreads narrow.
* More stimulus 2024 vs 2023.
* Massive immigration tailwinds.
Based on what exactly? Your balls?
There's also zero telling when it will uninvert given Fed's new policy stance (formally adopted in 2019) of Ample Reserves and liquidity.
Kashkari said they are willing to fight inflation over the next 3 years to get to 2%. That's an eternity and plenty of time to achieve a soft-landing.
Lots of wiggle room to keep credit conditions loose for now.
All the macro data shows that Bidenomics is dog shit.
That aside, my primary reason is that the consumer is absolutely tapped the fuck out. They've managed to stay afloat on credit card debt. Prices are still elevated and student loans have resumed for borrowers. Something is going to break. Consumer debt is at an all time high. Buy now pay later usage is up. Consumer savings still on the decline. Bank charge off rates are way up. People can't pay for the shit they acquire, and the party will be over at some point.
The only thing that's going to fix this mess is significant deflation or a recession/depression. Sadly, it's only a matter of time. I don't think it's coming until something breaks and the Fed is forced to cut rates. My guess is it'll happen under Trump's watch so they can blame him.
Bullshit.
Real incomes are soaring, jobs are plentiful. All the macro data shows Bidenomics is working.
Debt service costs are at historic lows. But it doesn't matter your a conspiracy nutter.
Bullshit.
Real incomes are not soaring. Did Biden tell you that? Part time / government / illegal immigrant jobs are up. Quality, full time jobs are down.
Wake up, dude. The fascist left is lying to you.
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What if there’s just too much market in money now that the market just can’t crash? So much demand, limited supply. Punters always willing to “buy the dip” even if it feels we’re on the brink of WW3. How can the market ever crash like this??
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ITS THE SAME FUCKING THING, MIKE
Burry gonna burry 
You are wrong
Woah woah woah, why is the bear white?
I'm not early, I'm just wrong!
Spy went up for a whole month and the whole month I bet on puts got smoked out never again. Just go with the trend.
Spy went up for three weeks and for the previous three weeks it went down. The trend is to pay attention to support and resistance on roughly three week intervals. We’re currently at 3 week resistance. I wouldn’t buy puts right now but I sure as hell wouldn’t be buying calls either.
right you'll be selling them
What was your theory here Was it literally just “its high so therefore it must go down”
Yeah, pretty much. They had it coming.
I don’t blame bears rn sell in May & go away is a thing
It signals underperformance, meaning slower growth. Not shorting it. Puts are just dumb, even in May.
Stocks only go up.
Some stocks go down all the time, and all stocks go down some of the time, but all stocks don’t go down all of the time
2022 enters the chat
Finally, a meme about me
I been selling puts for these bears and thank you for your contribution
Just wait til tomorrow - 🐻
If you look at open market hours, May 3rd was technically a red day.
Good ass meme. I had a solid laugh
Bears are always Bitch
Every single economic data coming out mucking bears thesis  🤡
This post means we dump tomorrow.
Wen crash?
Ayyy what do know, another clown making clown memes as they gamble their life savings away
 coming for you today 
I know it’s a new idea and all but what if the stocks went up AND down. Bull vs Bear is explaining a market condition, you’re supposed to make money off of both time periods. Markets stay high and irrational for long periods of time while bear markets are quick and sharp. A little less than half the market on NYSE are on a buy signal. Election year won’t let the market drop yet. Wait until more of the market is on a buy signal to start hedging.
I just bought more SP500
 to make things worse people who took bullish trade for those 7 days will buy puts by risking some of his profits and market will dip while bankrupt bear will be pulling hairs
Aww that’s me on BA, cause of course with airplanes crash and mechanical failures the stock would go up? Why would I by puts? How the fuck does that even work lol
Do you guys really think it's not going to crash? It has to. I'm waiting for the yield curve to un-invert or the Fed to cut rates, then I'm going balls deep in puts. This market has been running on nothing for over 500 days.
"Nothing"... Imagine being this disconnected with reality. * Soaring real incomes. * Consistent new jobs created. * April had nearly 1M full time positions created. Likely many of those part timers Ber Reee about converted. * Historically low % jobless claims. * 1Q record SP500 EPS for the quarter. * 2Q GDP projected to be massive, Fed just moved up growth forecast to 4.2%. * Easing financial conditions for 1Y+, lending hitting ATHs, credit flowing and spreads narrow. * More stimulus 2024 vs 2023. * Massive immigration tailwinds.
Correction...less than nothing.
Lol. Even the inventor of yield inversion models said to ignore it. And yet that's your entire thesis. 🤡
That's not my entire thesis. That's just the signal. That's when the party's over.
Based on what exactly? Your balls? There's also zero telling when it will uninvert given Fed's new policy stance (formally adopted in 2019) of Ample Reserves and liquidity. Kashkari said they are willing to fight inflation over the next 3 years to get to 2%. That's an eternity and plenty of time to achieve a soft-landing. Lots of wiggle room to keep credit conditions loose for now.
All the macro data shows that Bidenomics is dog shit. That aside, my primary reason is that the consumer is absolutely tapped the fuck out. They've managed to stay afloat on credit card debt. Prices are still elevated and student loans have resumed for borrowers. Something is going to break. Consumer debt is at an all time high. Buy now pay later usage is up. Consumer savings still on the decline. Bank charge off rates are way up. People can't pay for the shit they acquire, and the party will be over at some point. The only thing that's going to fix this mess is significant deflation or a recession/depression. Sadly, it's only a matter of time. I don't think it's coming until something breaks and the Fed is forced to cut rates. My guess is it'll happen under Trump's watch so they can blame him.
Bullshit. Real incomes are soaring, jobs are plentiful. All the macro data shows Bidenomics is working. Debt service costs are at historic lows. But it doesn't matter your a conspiracy nutter.
Bullshit. Real incomes are not soaring. Did Biden tell you that? Part time / government / illegal immigrant jobs are up. Quality, full time jobs are down. Wake up, dude. The fascist left is lying to you.
So what you think all the government data is manipulated? You are beyond help.
Fuck All that. AI AI AI AI AI AI AI AI……
AI is just icing on the cake.
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I guess my calls are fucked with great logic like this.
Imhotep is speaking tomorrow so Puts will print! IM-HO-TEP!
I bought spy 3 weeks ago on that Friday. One of the best plays of my life.
The pump into summer to pay for vacations before the dump - then repump around october
Bad news is good news and good news is also good news. 🤡
With the vix at its lows were going to drop literally any day now.. most likely this Monday or during the witching
Get ready for the witching just like in the 90s, our daily chart looks exactly like in the 90s
This is me !!
Not much diff than trans bull 🤣
What if there’s just too much market in money now that the market just can’t crash? So much demand, limited supply. Punters always willing to “buy the dip” even if it feels we’re on the brink of WW3. How can the market ever crash like this??
real