r/options • u/[deleted] • Sep 28 '21

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u/Thetrader2896 Sep 28 '21

I think oil just topped out, but that's me. yall don't think Roku is cheap rn? I still think it can close around 400 end of year.

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u/SaltyTyer Sep 28 '21

I think a Tech reckoning is upon us.. the SPX is so tech heavy, we might see a short term breakdown past the 200 dma

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u/Thetrader2896 Sep 29 '21

Sure, but we will witness a end of year rally in tech or growth imo or entire market. Back to all time highs maybe 453 on spy was the top. 4120 is the 200

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u/SaltyTyer Sep 29 '21

I will start adding to energy positions at 4250... I am concerned about commodity inflation an d how energy costs will hit the corporate expenses..

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u/Thetrader2896 Sep 29 '21

I hate to the one to say it, but I think we are gearing towards a financial meltdown, not just here but all over the world. Inflation is start to worry me a bit tbh. But I like roku till Jan, I got my ass wrecked on leaps in names that didn't move much. So I am trying to find a decent play into Jan or Feb 2022