Here's your Reddit Update: SPY, GME, and TSLA

What's happening with SPY, GME, and TSLA? Reddit is really shouting over the last hour.
 
The hype was a bit spicey- here is what they are saying:

Zachincool - 16 upvotes - source
Usually I just shitpost but I want to say something serious: Everyone who thinks this market is going to bounce back and calls are gonna print belong in an insane asylum. I know everybody thinks that you have to inverse the market or be a contrarian to make money, but sometimes the trend is the trend for a reason. The economy seriously is going to start hurting soon and Jerome has told us he doesn't care about the stock market anymore. There's honestly no reason to be bullish right now and that's ok. Bear markets can last years. I can't predict the future but I can say that you are taking on unnecessary risk by buying calls. This game is a game of probability and making bets with safe risk tolerance. If you are buying in the this market, it should only be for a 3-5 year hold of shares. I see no reason to gamble on calls, unless they are multi year LEAPS. I could be wrong and SPY could hit ATH by EOY, but if that happens, I would be stunned. Remember, the reality of markets is created by the perception of the markets. And perception changes based on reality. This means that markets don't move based on some fundamental truth - they move based on what we expect them to do and only reverse when the herd psychology becomes more and more different over time.

Comprehensive-Sink62 - 11 upvotes - source
I see that SPY was bid upto 385 before CPI, I want to know the clowns who bought it at 385

SleepiestGuyAlive - 8 upvotes - source
THAT FUCKING SPY DUMP. WHERE ALL MY GAY BEAR FUK AT???

HwangingAround - 8 upvotes - source
"SPY to 390 EOD, priced in." _from other side of window..._ Dr. to nurse: "it's all he says all day everyday. He's been here for 30 years. Just sitting there, rocking back and forth, repeating it."

hodlforlyfe - 8 upvotes - source
SPY definitely closing under 370, don't fall for the BS

DovahkiinAF - 8 upvotes - source
SPY up $2 from the dip already. Clown market 🤡

pprincerubberr - 7 upvotes - source
You know, this could happen: News: **Worst CPI in over 40 years** Market: *SPY inexplicably up by 2.5 percent*

taffy_laffy - 6 upvotes - source
$SPY to 0 not a meme anymore

lotus_bubo - 6 upvotes - source
CNBC breaking news: SPY is the only way to shelter against inflation.

LittleStett3 - 5 upvotes - source
SPY about to pull a kobes helicopter

There was a lot of chatter around GME too. Here are the top comments:

RudeJudeDETROIT - 4 upvotes - source
GME going long neck dino mode again!!!!

Revolutionary-Win485 - 2 upvotes - source
GME going green in a sea 🌊 of red

InMuskWeTruskk - 2 upvotes - source
The only hedge to inflation is amc/gme

Formal_Yesterday8114 - 2 upvotes - source
GME up for no reason

RudeJudeDETROIT - 2 upvotes - source
GME gonna get to you and that booty 🎶

noicedeb8r - 1 upvotes - source
Sell GME 140 put exp this week at open or hold?

dvdr1029 - 1 upvotes - source
I’m not asking for much. Just GME $200 today

igotherb - 1 upvotes - source
Cpi number out. Gme: oh no... anyways

MrStealYoBeef - 1 upvotes - source
So by banning the NFT, you remove the entire point of the NFT. The whole point of a game license as an NFT would be to prove it's a genuine license to the game that players can freely trade amongst themselves as they so please, right? But if the devs decide that they can just... Make some of them no longer genuine, it destroys the value of *all* of them. Now you could trade with another player for an authentication token and it's already banned. The devs can't stop it because it's not *their* piece of the blockchain to recall to them. Someone else provably owns that NFT, and to take it away from them, banned or not, also destroys the integrity of the blockchain. So there is no way to deal with cheaters in this situation. Either they get their way and get to keep cheating due to being unable to ban an authentication NFT, keys can be banned leading to scammers selling deactivated keys to people looking to play, or NFTs can be recalled by the publisher making the blockchain worthless. That's why it simply doesn't work. Edit: Btw, thanks for taking part in the discussion. We're lucky to have you as a mod, even if you don't understand this whole trash discussion yet. You're part of why I enjoyed the whole GME kerfuffle in 2020 in the first place.

fiero444 - 1 upvotes - source
GME best hedge against inflation

Bringing up the rear, you have TSLA:

freehouse_throwaway - 5 upvotes - source
fucking TSLA that's some reee shit lol

Round-Chocolate3234 - 4 upvotes - source
Tsla to 650 😼

ammm72 - 4 upvotes - source
TSLA red on the year 

cptnad - 3 upvotes - source
tsla wants green

cptnad - 2 upvotes - source
tsla going green. hahahaha man they are sucking in retail

thersonefifty - 2 upvotes - source
TWTR mooning and TSLA recovering. Does not add up

DiamondHands007 - 2 upvotes - source
what's the guestimate open price for TSLA 7/15 675P? I've got 21 of these bad boys.

MinimumCat123 - 2 upvotes - source
TSLA really going to go green 

DesperateOffer7998 - 1 upvotes - source
Well I got Tesla’s puts not long ago and now TSLA price just keeps going up 

tsla420c - 1 upvotes - source
tsla volatility is pretty high so probably 12-15$ ish per put

SQQQ is attracting eyes on Reddit as well:

aborteverything - 7 upvotes - source
The SQQQ 60 strike calls yolo guy jacking off furiously right now

NKisAlive - 5 upvotes - source
Got puts and sqqq calls Fingers ready to screenshot boys

podium- - 3 upvotes - source
Sold SQQQ and UVXY for a profit, now I’m on the sidelines. No idea what happens next.

Emotional-Roof-7728 - 2 upvotes - source
13% up on my sqqq shares is it enough? I feel like we are gonna bounce hard next week

Whodisdont - 2 upvotes - source
Where’s that sqqq guy

CarpeLivem - 1 upvotes - source
SQQQ Calls?

MarcoPolooooo - 1 upvotes - source
Same! Sqqq 

BearShirtToday - 1 upvotes - source
Sqqq not feeling so good

Emotional-Roof-7728 - 1 upvotes - source
Fuck this is it I expect my sqqq shares will be ath (

BearShirtToday - 1 upvotes - source
Sqqq guy upset now also