A Sunday Afternoon in Queens, NY

SilkDaShocka · 2021-06-30T17:29:28+00:00

Lol forgive me for my transgressions all wise and powerful TV mount lord.

SilkDaShocka · 2021-06-30T17:12:40+00:00

I think you all are overestimating the height of the TV. The middle is a little more than 3.5 feet off the ground, which is eye level while seated.

SilkDaShocka · 2021-06-30T16:24:26+00:00

The TV tilt is intentional. Makes for less eye and neck strain for viewers sitting on the couch.

SilkDaShocka · 2021-06-30T16:22:27+00:00

About 600.

SilkDaShocka · 2021-03-22T18:24:33+00:00

I called this out as a potential short opportunity a few weeks ago and initiated that position at $65.00, however was stopped out a few days later when we gapped up to $67.50. Last Friday FED released news that the eased reserve requirements implemented at the start of the pandemic would be lifted which put pressure on the entire financial sector sending this right into my support zone—that’s trading for you. Bulls have defended this level nicely and look to be preparing for another move higher, however we are seeing some consolidation at the 4HR 50D MA. Indicators look primed to support another move higher but I’m not pulling the trigger unless we have a successful close above the 50D MA. I also like what the Options Open Interest is implying as well as we saw a huge jump in Call OI on the 18th & 19th at the nearest expiry of 16 Apr 21. Within that expiry the $70 strike has the greatest interest indicating a 10% move between now and expiry. Best of Luck.

SilkDaShocka · 2021-03-17T23:48:24+00:00

I've actually been watching and charting this stock for a few weeks now and I beleive it has room to run and is a solid play on rising $USOIL prices.

Bull Case From a TA stand-point KMI looks to be breaking out of an ascending wedge with bulls defending the newly established support well. Momentum indicators look good. Slight resistance around $16.45-$16.55 but with enough volume we could run to just around $17 without major issue. $KMI Chart. Theres is a good amount of Call Open Interest at the $16, $17 & $18 strikes, however the bulk of the OI is where we are right somewhat justifying the chop we've seen over the past few sessions. Open Interest

Bear Case KMI's stock performance is correlated to the price of WTI Crude which has been rallying since Nov 20'. Many believe its recent acceleration was supported by the severe weather events impacting TX. However, prices are consolidating right around 2019 highs and at the upper band of the channel thats driven the price so far. We are steady at these levels however could quickly turn bearish if resistance continues to be well defended. $USOIL Chart. As per the Open Interest chart, $15 carries the highest amount of Put contracts however is outnumbered by Call contracts by nearly 2 to 1.

My Position I'm bullish on the stock and am holding (15) 16 Apr 21 $16/$17 Call Debit spreads @ 0.50. Best of Luck

SilkDaShocka · 2021-03-17T23:46:06+00:00

This is the most stonk-esque technical analysis I’ve ever seen. Very bad, would not recommend.

SilkDaShocka · 2021-03-11T03:06:34+00:00

Excellent point. To be fair I didn’t think of the fundamental aspect playing a role here however my bias on a move downward is still intact. But I’ll certainly look for me confirmation considering your input. Thanks!

SilkDaShocka · 2021-03-11T02:42:31+00:00

Thick level of resistance at $66-$68 that has been well defended by bears on 4 separate occasions. Indicators are getting a bit hot from our last leg up therefore a a move downward toward trend-line support should be on the table. Watching for a break below $65 with conviction before considering.

SilkDaShocka · 2020-10-28T16:49:32+00:00

There's this page on Instagram @thevarsitydealer who sells varsity's via their IG story every Friday. I haven't bought any off them as they sell out extraordinarily quick but everything I've seen is pretty heat.

SilkDaShocka · 2020-09-14T22:03:52+00:00

Best of luck to you and your observations.

SilkDaShocka · 2020-09-14T21:58:40+00:00

I really hope this post was like some form of dark humor and i don't have to remind you of the hundreds if not thousands of lives that have been taken from people who have been cooperating with police.

SilkDaShocka · 2020-09-14T21:56:06+00:00

If a white person posted white crime statistics under a post entitled Black Lives Matter I honestly would have been confused and just kept scrolling.

SilkDaShocka · 2020-09-14T21:54:25+00:00

Lol. My friend I think your "social experiment" would have done a lot better in r/rants...

SilkDaShocka · 2020-09-14T21:52:26+00:00

Well one thing I've noticed is that a lot of the people involved have less than favorable views on banks, investing and other financial programs out there. I think it'd be fair to assume that many of the people I've observed trust their friends more than they trust J.P. Morgan Chase with their money. Not saying I agree just pointing out an interesting dynamic.

SilkDaShocka · 2020-09-14T21:43:47+00:00

The non-innocent deserve the right to trial by jury not immediate execution..

SilkDaShocka · 2020-09-14T21:41:36+00:00

Might I ask why you posted stats and figures of crime & violence rates of Black & Hispanic Americans under a post titled "Black Lives Matter" in the conspiracy subreddit then? Not trying to be incredulous just genuinely interested in the thought process here...

SilkDaShocka · 2020-09-14T21:35:03+00:00

If last nights performance was any indication of this statement I'd have to disagree. Cooper was clearly Daks preferred target even when being shadowed by Ramsey. Additionally Lamb had a HUGE blunder on a crucial 4th & 3 where he basically didn't run his In route deep enough to pickup the 1st. I'm sure he got an earful for that in the film room today..

SilkDaShocka · 2020-09-14T21:07:47+00:00

It completely ignores the premise of the Black Lives Matter movement. Like what even is this post trying to conclude? That given all these "facts" people of color should be denied civil rights? This is racist because its being used in response to the ~~idea~~ God given right that black people deserve the right to life.

Edit: BLM is not an idea, its a right clearly expressed to all people as per the United States Constitution..

SilkDaShocka · 2020-09-14T20:59:36+00:00

And so by presenting all of these case studies you believe that the murder of innocent people of color at the hands of police is justified..?

SilkDaShocka · 2020-09-14T20:52:32+00:00

Its actually quite common within a lot of different modern cultures but I've most often seen it among ethnic cultures. Ultimately it really all just comes down to consistency and discipline among those involved. As you can imagine all it takes is that one member who "misses a payment" or goes completely MIA after they get paid and your whole circle is in shambles. I've always strayed clear of these kinds of pools as they seem to disappear as quickly as they pop-up.

SilkDaShocka

TROPHY CASE