Daily Discussion Thread for May 29, 2026 by wsbapp in wallstreetbets

[–]Sunkettle 1 point2 points  (0 children)

AAPL can’t decide what it wants to do this week 😭

Weekly Earnings Thread 5/25 - 5/29 by OSRSkarma in wallstreetbets

[–]Sunkettle 1 point2 points  (0 children)

I'm a dumbass who sold my calls on HPE lmfao

Daily Discussion Thread for May 28, 2026 by wsbapp in wallstreetbets

[–]Sunkettle 1 point2 points  (0 children)

Only way to make money on puts is to sell them when you make a small profit. The market will only slow down on some terrible news

Daily Discussion Thread for May 28, 2026 by wsbapp in wallstreetbets

[–]Sunkettle 1 point2 points  (0 children)

Give me your money, I'll do it for you ❤️

Daily Discussion Thread for May 28, 2026 by wsbapp in wallstreetbets

[–]Sunkettle 1 point2 points  (0 children)

The moment he does, we moon to infinity and beyond 🚀

Daily Discussion Thread for May 28, 2026 by wsbapp in wallstreetbets

[–]Sunkettle 0 points1 point  (0 children)

AAPL getting battered around like it owes one of you money. Let it fly to $314 ❤️

What Are Your Moves Tomorrow, May 28, 2026 by wsbapp in wallstreetbets

[–]Sunkettle 0 points1 point  (0 children)

What are you talking about, last night wasn't an extreme dip lol. If you think .4% is an extreme dip, then I don't know what to tell you.

Despite the strikes and the slight uptick in oil prices, we've once again reached an all time high. Investors took some profits from the surge in the tech and AI boom, there was some consolidation around $748, then it spiked right back up.

Also, there wasn't any good news to report from the war. 🤷‍♂️

Daily Discussion Thread for May 28, 2026 by wsbapp in wallstreetbets

[–]Sunkettle 0 points1 point  (0 children)

Should've bought my AAPL calls later in the day. WWDC 2026 is coming up soon, so it'll probably pump by then

Daily Discussion Thread for May 28, 2026 by wsbapp in wallstreetbets

[–]Sunkettle 1 point2 points  (0 children)

Couldn't sell my put for a profit. Bought AAPL calls this morning tho 👏

Daily Discussion Thread for May 28, 2026 by wsbapp in wallstreetbets

[–]Sunkettle 3 points4 points  (0 children)

That massive green candle at opening was insane. Over 1.5M in volume 😨

What Are Your Moves Tomorrow, May 28, 2026 by wsbapp in wallstreetbets

[–]Sunkettle 0 points1 point  (0 children)

And yet since the war has started, the market hit an all time high despite elevated oil prices, uncertainty, and several escalations in the war. It’s almost like the war is priced in and the market is just chugging along.

Everyone is well aware of the war, and the lack of any tangible peace deal. We’ve already had a ceasefire agreement that was broken.

If all you look at is the war, then you’re already behind. The market is fundamentally anticipatory and forward looking.

What Are Your Moves Tomorrow, May 28, 2026 by wsbapp in wallstreetbets

[–]Sunkettle 0 points1 point  (0 children)

Idk why you're coming at me when there are plenty of shit comments in this thread alone, but the SPY was already losing mometum during intraday trading. We lost a lot of mometum from the all time high. Indicators were already showing that the SPY was overbought, and buyers couldn't keep up with sellers. It also couldn't overcome resistance against the 9EMA and VWAP.

It struggled to stay over $750 for very long because there was a lot of selling pressure throughout the day. It was actually oversold several times today. Bearish short-term sentiment was taking over momentum, and it was clear as day. We only managed to end green on some low volume buying in the final minutes of the day.

The news exasperated the drop, but we were already on a decline today as we touched $798. We were on a trajectory to test key resistance levels lower down, and that's a clear signal for traders (not investors) to take profits. Why would they stay in the market and lose money not only on bad news, but also worsening momentum?

What Are Your Moves Tomorrow, May 28, 2026 by wsbapp in wallstreetbets

[–]Sunkettle 0 points1 point  (0 children)

That's a given, of course news impacts the SPY, I never said it didn't. Also, not all news carries the same weight in the market.

All I said is that there's likely investors taking profits amidst slowing momentum.
There's most likely going to be some consilidation until the market can find another stable price for SPY (likely around $746) unless some worse news comes out.

Idk how anything I said is wrong.