Search results

Guess you are saving your use Capital Letters for old age? Or strength. Hitting shift a lot is so much effort.

Simple would be to just classify Americans as just young or old. Simple math sez 71 triiiiiiiiiiilion dollars divided by babyboomer generation size 71 million again equals $1000 each

$SPX currently has a 3 daily bar (Tues-Thurs) Island Gap.

Markets reverse when momo slows just enough. In the case of a bottom selling slows not buying increasing. That happens once traders believe bottom might be in place. Ops trade, by sheer chance, might have hit the tape at the right moment is all.

Pushing higher into the news means either someone knows something (doubt it) or "they" are setting things up for a big reversal down or who knows. I'll just try to be ready for whichever outcome. I note ES and RTY made new HOD, but not NQ so far. 40 points away. Though a heartbeat away for NQ.

3820 & 3910 might be an impediments, that is if NFP causes a bullish reaction.

There is no free lunch when it comes to trading. "It's in there".

LOL you give your time .... and your meaningless platitudes of how much money you would give if only you were blessed with it hint hint big guy upstairs. Carry on oh not jelly one. ;)

Here is what I noticed mid-aft (note I don't trade stocks/ETF's) lower highs which if I was long would have told me chances are it is not going to go much higher than it has already, and likely to continue to make more lower highs/lower lows:-

True, gap and go on globex are rare and most of the times when they happen are Sunday night re-openings.

So you must be aware of the (PDT) pattern day trader rule - where you can only do 3 trades (3 buys & 3 sells - not 6 "vinny trades") in a 5 day period unless you have $25,000 or more in your trading account? Anyway what was the outcome of today's TQQQ trade? Do you hold till the close, hell or...

And if it was a gap and go?

You must not make an excess amount. I was in the retail business, where a few of my locations had lotto machines. It was amazing how many lotto customers were so generous with ... how if they won they would give X% to family, friends and charity. Human nature what it is I seriously doubt many...

So you are immediately going to trash the PC or smart phone used to post this after clicking send one last time. Cut the cable. No more water and electricity. Sell your your auto/truck or suv and move into a cardboard box under a freeway ramp. Right? Oh wait, make that a former decommissioned...

The time to go short was on the close, to either cover once Globex re-opened or 1) decide whether to hold if it is a gap and run or 2) ride out the almost inevitable gap close. "Shorting into the hole" is a losing play more often than not.

How embarraskin this will be for CNBC if it does really well. Cathy can continue getting the religious righteous to fund her malarky. Kramsky might start to suffer in the ratings if the NYPost rags (pun intended) on him enough.

This week's QT lower number - percentagewise was the biggest so far -0.83%. Starting to pickup. Interesting to see what they do next, continue this and raising rates or do they blink and go into neutral on one of the other. I seriously doubt they put both on hold. At least not anytime soon.

Took almost the RTH session but ES and NQ both made new LOD. Reminder about NFP tomato.

Bye vinny.

You do use stops right?