STILL N OF PIKE

Why mess with the baseballs.

Wonder what the percentage of folks that get them will be and how much it may depend on case load trends and if they trend up after a year or so

WE all know lumber prices have soared in the last year but they were also a bubble. Lumber futures contracts have fallen approx 28% in the last 10 days. They oscillated between limit down and limit up today which is pretty amazing. Seems to be multiple areas of asset price speculation (that are bursting at the seams) I was watching Mana (decentraland currency) for virtual real estate plots ....which i consider to be a joke. I think with stimmy money running lower (and reflected in retail sales) this hopefully goes to zero. Its just silliness. One other thing with many companies last few years and how i think many of them may be in trouble ....tons of businesses have favored short term catering to share holders and stock holders via using their CASH for Stock buy back purchases to artificially boost EPS and sweeten Board of directors stock options at the expense of solidifying the company's medium term vision for growth and keeping up with reinvesting into the company..i.e capex spending and investing capital into Research and development. As Technological innovation is going to drive a lot of new growth via A.I, and Robotics i can see a lot of companies in next several years fall by the wayside as they are left behind for basically just having a short term strategy of goosing share prices and director salaries tied to that.

i wonder if it's more and more of that pine tar? When i did a little research on spin rate and how rare it is to see a 150-200 spin rate increase in a season and the number of pitchers that have done it and got big contracts ...the reason for the increase in spin rate and (how it will make a good pitcher excellent ) is the doctoring of the ball increases spin rate...makes ball easier to command...better movement and also acceleration .and how no opposing manager will bring it up b.c their guys are doing it/ It's always been around but it seems to have gotten more popular with the bigger monetary incentives and no real negative consequences.

Tanking again Ether down 13% btc 7% ADA 1.32 stock futures interestingly holding up for now Doge’s chart is now sorta junk as it couldn’t get above April highs at .40 Safemoon chart holding on (Thou charts for those coins may not hold much water ) Ether looks sorta F’d to me in the short term it’s chart was bubbly given its large market cap and move 300% just year To date . It got halved like nothing and is still up big YTD and I don’t see it shooting back toward 3500 for a while given its movement off bottom . It got ahead of itself for a legit crypto . It’s not some random shitcoin w a tiny market cap that can 10x in a week

If I’m free I would have got within 10% of low , just training the milfs cost me

Low on day was .000003- somethin the one day I have no time in morning F**K

Fukking work this am , I would have been accumulating ADA when it went below 1.25

Ethereum touched 1950 $ down from 4000 back to mid 2’s some smart folks say If SP500 can stay above 4055 then we can bottom here and big rally in crypto would be coming . Worth watching that level ADA down to 1.32 now

Larry summers speaks at 10am at Atlanta Fed and he has been vocal of saying “You’ve done 2 much , tighten policy “ not a favorite thing For markets to hear But as you know , In this sea of liquidity , there have been many surprising kick saves when charts looked dicey in the last year

Could see this down below 1.50 shortly Today is going to be influential on what prices do for stocks and crypto for a few weeks We either recover now or things go on sale . Hedge funds and institutions were very big net sellers since Mid April Federal reserve will parade a bunch of Fed Governers(bankers) in front of TV

you watch that technical video Flush Safemoon down 22% ether down 12% stocks falling thru key resistance, could still get a kick save prior to open or there will be ugly charts in Russell 2000, NYSE, Nasdaq and SP

If stocks fall hard tomorrow , that would indicate a rough patch hanging around as they are at key support (and NYSE / RUT index are below key trend liens . I could see bitcoin falling thru key support and back in the mid 20’s worst case . Or we bottom tonite In stock futures and Shoot higher Wednesday and BTC and Ether and Cardano (Legit crypto charges higher) As they are correlated BTC / Ether are down 7% tonite

It’s funny that you mention penny stocks because right at the Mid Feb Nasdaq /SPac peak nearly every penny stock was also on a few week run . Penny stocks that had been dead for 5-10 years were back from the dead as rampant speculation increased penny stock volumes huge . So many traders were tying to find brokerages that would let them sell their 10 year old garbage before it fell again .Then most of those Nasdaq growth stocks , then Spacs as well as penny stocks fell hard . its just a product of so much liquidity /money sloshing around in the system and in people’s stimulus pockets . And now the rise of *Shitcoins/ The sillier NFT’s like virtual real estate plots and Today a model (taking photos of herself in front of her older photos and selling that for 140k ) Is just another bubbly symptom of the madness that is the monetary policy right now , but money can be made , especially if you are early

Good technical market video charting various asset classes. Good analysis Just really raises awareness of key market levels and what levels to be aware of for trend Breaks And supports / resistance Levels if broken https://mobile.twitter.com/NorthmanTrader/status/1394317980721426442

You could file this under reason 178 why we must be near a market speculative top . Ginxy buying Safemoon not a criticsm Steve , I know it’s play money and could go up 10x

In my day to day I agree and care zero but in broad discussion it’s Because we tend cater to those most worried / hurt / insulted / loudest these days .

Zero shock at all . I try to be respectful of different folks Levels of comfort and processing of information. If you want the vaccine you have had it by now or are about to receive it . The goal of vaccine was to keep you out of hospital by dramatically lowering case count and keeping positive cases mild . Mission accomplished if the science is on point (which I assume it is ) The time to overreact for safety is passing and some folks will obviously struggle with that transition. But that was the modus operandi for a year . A success vaccine made this the correct scientific decision to make. I think folks have initial sticker shock to removing mask but that it will fade . I don’t think it’s funny that some vaccinated folks are scared And I Think it’s disgusting how the media runs stories to play on fears / concerns for clicks. This is the world we live in . I do have contempt for the few who will whine because they no longer will have the political correct lee way to scream at someone without a mask on a nearby field.

The media that lives on clicks will lead segments with fear mongering of xyz variant found here and there , it’s really just embarrassing how they are such ratings whores when it just unnecessarily freaks folks out and starts up all the social media reactions , and then people and places have to cater to the outspoken. I blame irresponsible and leading news garbage for trying to bait emotion for clicks

I could do without the 80’s ill install this week I don’t do 70’S in bedroom when going to bed , why sweat

No joking around lol

I would say 6 months I definitely see a ponzi nature to many of them the good and bad is many of these are new “investors “ . They see 40% returns a month as slow... they don’t sell that easily till they make 1000%, but they may pull there money for greener pastures if they stop going up And trade sideways for a month or two i would guess a sizable portion of crypto money is from those That were new to stocks last year ..made quick profits as everything went up until about mid February and then got out of the stock market as the retail favorite stocks stopped going up in mid February and became boring

Some of these coins are just pure ponzi’s. Maybe diamond hands can prevent the crashing (if nobody panic sells) Can you buy these on margin , just wondering to see how related they could be to any market corrections

Well, there is gonna be big anxiety for some not most , And I’m not joking or trying to poke fun at anything . Some folks have been so Covid cautious that we will find out it’s a lot easier to raise people’s concern about getting sick from Covid (via media bombardment ) then relax or alleviate it (with a shot ) and a statement . Maybe I’ll be wrong . The CDC could backtrack like they did many months ago with asymptomatic guidance

When there is severe selling pressure in a levered stock market, and this pressure persists for a couple days....some large longs will begin to liquidate anything they hold and that will begin to create contagion in other asset classes (in severe stock selling pressure) . That is what occurred last two days and also some margin calls . I can see Crypto easily bouncing back and making new highs (no idea if they will) but the solar stocks, EV stocks, and other growth stocks won't be for some time. Stocks fell hard around 5 am and SP fell down to 4040 or so which is a level of support and bounced as it was severely oversold in short term, Nasdaq Bounced with it as well as some Crypto like Cardano which hit 1.60 at 6 am and then bounced to 1.80-1.85 . PPI number at 830 this morning was not good for market but it's still bouncing ahead. WIll be very interesting to me to see if SP can reclaim it's 14 month rising trend line (probably on strength of cyclical sectors). which it fell below yesterday or if that trend line acts now as resistance instead of support. My guess is we reclaim but that will determine a lot.