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About Hobbiewood

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    Stock Proctology Intern

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  1. “The first thing you need to know about Goldman Sachs is that it's everywhere. The world's most powerful investment bank is a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money.” ― Matt Taibbi
  2. In sticking with my thesis of AMZN as proxy for COVID-19 rally I was worried yesterday that it signaled 'its over'. All day there have been few bids. Jimi what do you call this reversal.
  3. No doubt. I simply find these rally's underwhelming. Leaving Mother market wanting for wood and yet endlessly seeking fresh batteries.
  4. If the VIX is any indication of fear its in 'barely a moist underarm territory'
  5. I didn’t realize until a moment ago that today was a triple witching day whereby the market must organize itself to have the greatest number of options expire worthless. Ohh BTW Doc, I don’t want to be rude. You’re a cranky old man.
  6. Now AMZN is showing some drama, but the VIX is not. Interesting lack of fear here.
  7. Doc, what I tried to unartfully say yesterday is that while I trade ETF's a think individual stocks can be proxy's for more generalized market behavior. In my feeble mind AMZN, given both its retail and cloud services revenue streams, is a near perfect proxy for lets call it the COVID-19 rally. Which brought the stock from 1700 to 3600. Yesterday I posted when it was making a low. It is there again now.
  8. I may have caused Kitty to come out and dance the hora. Volume dried up in the last move down but overall I'd say the market is doing what its supposed to. Its facilitating trade in this case at lower prices. I say its trending down.
  9. There’s something happening here. What it is is increasingly clear.
  10. I don't short individual stocks just ETF's and I don't know what the rules are for shorting IPO's nor do I know what it says about the market in general but I can say with certainty that I am in the 'Cloud' business and this SNOW price is a freaking joke.
  11. The S&P had another failed midmorning woody. At this rate she's gonna need fresh batteries.
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