Got good credit? It'll cost ya

@BigGame90

 Yessir.  You are correct.  But is not the issue to me on this decision.  All coupled together it could exacerbate the problem(s) later on.

@Raiders22

 Right. Nobody is being forced to sign a loan. If the borrower can not look ahead or have studied the market, that's on them.

Good luck on your gains. Crushed some SPY puts that I bought at close yesterday and flipped for some nice 1,350% gains today after a few hours.   All in preparation for the 11am pump tomorrow when Jpow speaks. 

Oh, it will. Just don't get caught. Sit back, watch, learn, buy the dip when the time comes.

@BigGame90

 A very good two days in a row for me!  Tripled what I risked.  Still got stuck holding two losers overnight -- basically are even, so I decided to hold.  If it had been a Friday would have unloaded.  I was on the right side of a few flips.  Timed the dips almost perfect on 4-5.  The volatile stocks do so well in a market like it was today. 

Nice hit on SPYs for you! 

Breaking even is still winning IMO.  Tomorrow should be some fireworks. Super low volumes lately and the expected low rate hike tomorrow. Can't wait to see what tomorrow does. I think it's going to be a rollercoaster of a day. Or do they call that the kangaroo market now?? 

Yes, the winners were great.  I would have had a fantastic day even if I sold the 2 breakeven ones as well -- which I would have on a Friday.  But these two I feel run tomorrow because they started running late today.  So, very early in the morning I expect to have two quick winners!

Always nice when a plan works out the way you predicted.  I think going forward the next few months can be like this.

Unfortunately,  we taxpayers have to bail out the failures in one form or another.   It's just a pattern of rewarding the irresponsible behavior of those people,  and penalizing those that are responsible w their $$.  It's total bullsh*t

Don't blame Trump for your state's incompetence.  Your state taxes you too much.  Why are we "citizens of other states" subsidizing your tax bill.  Your frustration is pointed in the wrong direction.   So, figure it out.  Move, or vote for a lower tax structure in your state...

This thread is another example of the DEI diversity,  equity, and inclusion garbage that is so important to this lefty administration.   Forget about hard work and rewarding the successful folks.  This is just another example of working to  "flatten " the social classes .  Take from the rich... give to the poor..  Wealth redistribution. 

The left will never stop in their efforts to make this country socialist.  Those who do not see this fail to understand the big picture of their goals...

@Raiders22

Good volatility today. SBUX looking like bottom wick now. F consolidating and NKE still running. 

Waiting on Powell to speak...

In SBUX at 104.3   ITM calls at 1.69 

In F @ 11.86  ITM calls at .53

@Raiders22

 Good luck today. I thought it would pump right before JPowell. am getting ready to pick up some SPY 412P. Gonna lose it all or make 3x. Probably gonna lose it all and watch the market pump like money is printed for free. 

@BigGame90

 I think you got right idea -- only thing I got running is QCOM. might get stopped out of other two.

Gonna be very interesting how market reacts -- the increase is factored in.  But he always prefaces it by saying something extraordinarily stupid.

That is what I want to take advantage of.

I will do the same as you -- 410P at days low -- went ahead and grabbed those. 

@Raiders22

 Let the fireworks begin. 

SPY 412P and 410P. Ramen or steak tonight.  

@Raiders22

Stalled --  got out at .57 

https://twitter.com/CarlBMenger/status/1637701519926611969?lang=en

@Raiders22

Out at 2.23 

@Raiders22

In at 1.99   out at 3.25.  

3 very good days in a row. 

updated from yesterday's FOMC.... 

https://twitter.com/traderpodcaste/status/1653946632591794176

@kcblitzkrieg

 JPowell- "just want to reiterate that the banks are fine". 

45 min later banks in free fall. 

Yaaaa okayyyyyyy Jpowell. 

My credit is bumpin’ so high and ferocious like oh shit , that the banks be comin’ to me for the money , but I don’t believe in that indecency , and their deceit , cuz they’re scummy ……

So I just say no like I’m Nancy Reagan ya heard ?

I know, crazy right, you can't make this shit up  

Jamie Dimon is cleaning up, gonna own all the banks by the time this is all over lmao 

Federal mortgage fee changes have lead to a misconception that borrowers with low credit scores will pay less at the expense of borrowers with good credit according to fact checks by New York times, Verify this and Bank rate.  While people with higher credit scores are getting a smaller break than before, they will still pay less overall than someone with low score.  Lowest total costs still go to borrowers with High credit score and high down payment.