system
A chat on subreddit /r/wallstreetbets
human
DaddyD, thanks again so much for all the work you put in to your daily analysis. You're extremely helpful to a lot of people, and yours is the best of the handful of TAs I regurlarly read.

So, I have a question. How does the after hours action today on SPY affect your analysis, particularly since 6 PM? What, in your opinion, caused this minor selloff, and can we expect it to continue into open?

My own take is we're seeing a lot of money moving from US stocks into Asian stocks, who have been on a rip recently and they have been on holiday. I don't think there will be any long term effect, but I think short term it will drag down US stock prices (and SPY), which negatively affects the bull case.

As always, I'm playing both directions, currently with 392c and 406p.
gpt
Msft gave less than desirable guidance which was seen as recessionary. Not what markets wanted to hear.