Keep Track of Rising Prices

I'm not a financial analyst but have been day trading for about 8 years and this is by far the worst I have seen in that time. Coupled with everything else going on (Russia, formula, gas, supply chain, etc) this is the perfect storm for a major pullback.
I have a youtube channel where I do videos on the market and outlook and have a Twitter where I mention it and I said yesterday not to get too excited about the last couple of days and that if we don't hold $400 on SPY and $300 on QQQ then we could be in trouble. Well look what happened today. I actually bought 2 SPY shares yesterday and 1 SPY call (August expiration) with plans to add if we kept going but I stopped out of all of that today. My IRA was brutal today but made great money in my day trade account trading puts
 
mratlndmrk said:
Report: US Gas Prices Could Double Soon, Amid Potential Supply Shortage

https://www.newsmax.com/newsfront/g...QRjwPfBTGPqWhoqYBPUglwax-2QbJBmffcYmMqr8euYkU
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Who the hell is Newsmax? That “article” has no facts at all. It gives no reason for a potential shortage of fuel. Panic inducing headline with just a mention that with “supply seemingly shrinking” prices are going up. Fear mongering at its finest. If we are going to bash the liberal media for doing that, we have to hold the conservative media similarly accountable. Wake me when this predication is heard from a known news organization - and there are details as to WHY a shortage is likely. This “article” is just as biased as The NY Times, just not as cleverly hidden and in the opposite direction.
 
scooper321 said:
Who the hell is Newsmax? That “article” has no facts at all. It gives no reason for a potential shortage of fuel. Panic inducing headline with just a mention that with “supply seemingly shrinking” prices are going up. Fear mongering at its finest. If we are going to bash the liberal media for doing that, we have to hold the conservative media similarly accountable. Wake me when this predication is heard from a known news organization - and there are details as to WHY a shortage is likely. This “article” is just as biased as The NY Times, just not as cleverly hidden and in the opposite direction.
Click to expand...
While I agree vetting is important and a lot of headlines are clickbait, they do reference a post millennial report (no clue who they are). That report has pictures of stations reporting they are out of fuel. Bottom line the energy situation in this country is in shambles.
 
scooper321 said:
Who the hell is Newsmax? That “article” has no facts at all. It gives no reason for a potential shortage of fuel. Panic inducing headline with just a mention that with “supply seemingly shrinking” prices are going up. Fear mongering at its finest. If we are going to bash the liberal media for doing that, we have to hold the conservative media similarly accountable. Wake me when this predication is heard from a known news organization - and there are details as to WHY a shortage is likely. This “article” is just as biased as The NY Times, just not as cleverly hidden and in the opposite direction.
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Maybe a more reliable source...
https://www.agweb.com/news/business...hit-new-record-high-heres-why-diesel-shortage
inventory.JPG
 
Golfman25 said:
While I agree vetting is important and a lot of headlines are clickbait, they do reference a post millennial report (no clue who they are). That report has pictures of stations reporting they are out of fuel. Bottom line the energy situation in this country is in shambles.
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I have no clue either.

And those stations listed were all in Eastern WA state. Not exactly a broad sampling of stations across the country. It’s possible an elk died on the main highway to that part of the state, blocking all incoming fuel trucks. Who knows? I agree our energy policy is a mess. But that doesn’t excuse crappy or biased reporting.
 
This is what they're working towards. The city folks are all going to end up skinny with strong legs because they'll be expected to walk or pedal. Things like removing automobile parking and making it safer for pedestrians and bikes is already pushed in some European cities, even here in the states a little. It isn't a joke, you'll be saving the earth, you must do your part.

bikes.JPG
 
Woody said:
This is what they're working towards. The city folks are all going to end up skinny with strong legs because they'll be expected to walk or pedal. Things like removing automobile parking and making it safer for pedestrians and bikes is already pushed in some European cities, even here in the states a little. It isn't a joke, you'll be saving the earth, you must do your part.

View attachment 127016
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They have already taken away driving lanes in downtown Pittsburgh and put poles up to keep cars out of those lanes and reserved them for bikes. Did that about 3 or 4 years ago
 
Woody said:
This is what they're working towards. The city folks are all going to end up skinny with strong legs because they'll be expected to walk or pedal. Things like removing automobile parking and making it safer for pedestrians and bikes is already pushed in some European cities, even here in the states a little. It isn't a joke, you'll be saving the earth, you must do your part.

View attachment 127016
Click to expand...

Of course the “rulers” are not in that picture. They are being driven in their limos to the airport to get into their private jet to attend the Climate Summit to brag about much they are doing for the planet. Say, we have one of those guys here. I guess we are getting closer to this picture.
 
Jaybeaux said:
Which means YOU let them do that. Just saying..,,
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I didn't. I don't live in the same county but yeah those that voted for these folks let them do it.

On another note there is a bike lane on a busy road near our marina that has the lane crossing traffic in a pattern basically changing lanes in front of the other lane then a few bikers got hit by cars and they wondered why.

You can see here where I drew the red line (yeah the biker looks drunk if he follows my line...lol). But you can see where it cuts over and puts the biker in between the 2 lanes of cars. There is a 4 way traffic light at the bottom of that pic but straight through is a private business so not many cars go straight. The right lane is for turning right only and the far left is either straight (which not many do) or turn left.
Who designs this stuff?

upload_2022-5-20_8-26-43.png
 
boatman37 said:
I didn't. I don't live in the same county but yeah those that voted for these folks let them do it.

On another note there is a bike lane on a busy road near our marina that has the lane crossing traffic in a pattern basically changing lanes in front of the other lane then a few bikers got hit by cars and they wondered why.

You can see here where I drew the red line (yeah the biker looks drunk if he follows my line...lol). But you can see where it cuts over and puts the biker in between the 2 lanes of cars. There is a 4 way traffic light at the bottom of that pic but straight through is a private business so not many cars go straight. The right lane is for turning right only and the far left is either straight (which not many do) or turn left.
Who designs this stuff?

View attachment 127026
Click to expand...
That's a good example of how bad cars are. When they're gone it be much safer. You will be able to enjoy your ride to the marina to take out your Sunfish.:)

herman.JPG
 
boatman37 said:
I didn't. I don't live in the same county but yeah those that voted for these folks let them do it.

On another note there is a bike lane on a busy road near our marina that has the lane crossing traffic in a pattern basically changing lanes in front of the other lane then a few bikers got hit by cars and they wondered why.

You can see here where I drew the red line (yeah the biker looks drunk if he follows my line...lol). But you can see where it cuts over and puts the biker in between the 2 lanes of cars. There is a 4 way traffic light at the bottom of that pic but straight through is a private business so not many cars go straight. The right lane is for turning right only and the far left is either straight (which not many do) or turn left.
Who designs this stuff?

View attachment 127026
Click to expand...
Guys from Purdue.
 
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