The Dollar Is Extremely Strong, Pushing Down the World

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sold this a bit ago..looks like the earnings on OCT 19th are going to be problematic
ESP of 1.16 next quarter witch is a decline compared to last years period.

thought you liked it to 2-3x? One bad earnings and it’s a wrap?
 

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yeah that's why i had suggested writing the put ..........boz getting inside info?...to be arraigned at Fulton County too?
 

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Oil been surging lately, be interesting to see if they drain the SPR as aggressively as last time
 

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yeah, will be. broke $83 blockade, $93 ish is next resistance, if it gets there expecting a big battle .

how about Guyana....rags to riches



'. As a result, Guyana is benefiting from a tremendous economic windfall, with the country emerging as the world’s fastest-growing economy with 2022 gross domestic product (GDP) expanding by a stunning 62%'
 

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entire population is under 1 mill , lol



........going to need to start building . They will soon be the wealthiest country in S America..may want to learn from the Venezuela debacle, lol
 

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thought you liked it to 2-3x? One bad earnings and it’s a wrap?
Yep...I'll track it still. I was in love now I'm not.
sold some AVDL a few weeks ago 12+ now looking for 10 ish to re-enter.
My average cost is 6.50.. AVDL is high risk Pharma with takeout potential.
 

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entire population is under 1 mill , lol



........going to need to start building . They will soon be the wealthiest country in S America..may want to learn from the Venezuela debacle, lol
IDK if you checked out those Guyanese pads...
Just the home wrought iron gate and wall construction trade alone...Wow $$$$
 

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think they get a sizable population surge , country might not be recognizable in 5 yrs

on a per capita basis may end up richer than Kuwait

i'd imagine the West should to be friendly with these chaps
 

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just realized #286 didnt have the strike price : was $120
suggestion was purely chart driven , beauty hammer pattern on the weekly....HUGE day tom/friday-- break the 50sma or be rejected...i love this shit,lol
GAP up above the 50 sma
 

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CCJ uranium stock i rec’d on here in low 20s maybe a year ago up to nearly 40 today

All energy kinda moves in tandem so if oil gets hit its probably going down with it but way to play nuclear boom long term
 

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a cool BTC beatdown has arrived , with ammo for more downside according to the chart

. did post the BITO play and its clearly underwater so i'll provide choice options. Keep in mind, NEVER sell options on an underlying that you wouldnt want to own-- that's first and foremost.

Options;
- sit back, do nothing...go golfing ...Greatest Game in the World ........, likely assignment at $14 looms come expiration day. Wanted $14 so why complain? and was paid to buy.
- buy it back at a loss..and ......get atta dodge (not a big loss at this point)
- roll down and out: buy back the $14 put options that were sold and sell the $13 Nov put for a net credit . AROI on the initial transaction takes a hit, obviously


never stuck :)
posting the following for completeness

clearly BTC has moved to the upside. Made my call to roll down and out to Nov (for a net credit) purely based on the chart, hurting the aroi in the process

well ,clearly , if i took assignment ,(it would enter the Wheel Strategy) and then sold calls much more premium would have been received . The wheel strategy 's goal is to be a passive income generating machine

what could be done following assignment? sell the underlying at your entry price and depending on the chart sell puts again. OR sell covered calls ( hence the use of the word ' wheel' ).

Nov 17 $14 calls are paying 4.78% , AROI 29%.

again i dont roll down and out often, but the chart was clearly signalling red flags .
 

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FOMC tomorrow.....Mr. Powell takes a bite out of the USD? or does the usd go crazy and break its ceiling (i say no to this )

1695174692684.png






Lagarde Thursday......
 

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I don’t think the fed does too much on the hawkish side with election cycle starting very soon

dovish if they have to but mostly holding pattern for a bit
 

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if to raise further will be in Nov ,odds r about 27%, last time i checked, which is massively higher than tomorrow. recent CPI not good. Once he speaks , about 2:30ish, the market to make its decision imo . The action of the USD will tell the tale . Maybe a nothing burger depending on language. ...Lagarde can fuel further on thursday (either direction)

Aug

'CPI rose 0.6% from the prior month, the most in more than a year, and was up 3.7% from a year earlier, more than expected
Overall, the single biggest contributor to the monthly gain in CPI was gasoline, which accounted for more than half of the increase. Shelter costs also kept pressure up, advancing for the 40th straight month and bypassing economist expectations for this category to slow. There were also notable increases in airline fares, auto-insurance costs, new cars and food prices.'
 

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if to raise further will be in Nov ,odds r about 27%, last time i checked, which is massively higher than tomorrow. recent CPI not good. Once he speaks , about 2:30ish, the market to make its decision imo . The action of the USD will tell the tale . Maybe a nothing burger depending on language. ...Lagarde can fuel further on thursday (either direction)
......quick reversal , does she hold......

that was a great call on LNN., boz....matter of time till Fani comes a calling bro...
 

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huge reversal on the USD... making a move , going to knock at that ceiling again. ...lets see the close :)
 

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