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I am doing the CME Futures equity Index challenge which started on Sunday evening and I am up about 7K in 2.5 days. Not bad....But the leaderboard has people up 65-70k. My best trades have been shorting the Nikkei.

I expect it to continue up until the FOMC. I expect a pause and then a hold for the Santa Claus rally but then it will restart again next year.

IWM - My favorite one for day trading. I thought DIA had multiple weekly's at one time, but apparently not or at least not anymore.

I didn't watch but whenever I see a clickbait title about the 'Coming Collapse'....I just think that its going to be some dude who is fear mongering and telling us how we need to buy from his stash of minted gold coins with eagles on them.

It will be an intertwined stagflationary trade. Yellen vows to support both Ukraine and Israel. Meaning that they are going to keep borrowing. On top of that if OPEC nations start getting in on the conflict, it's going to get real dicey.

The reality is that the USD is backed by nuclear bombs and military strength. It's represented by the leadership. Yellen and Biden have to pay more to borrow money. That's just how it is. The Dems may be able to ease enough and hold rates down as much as possible through the 2024 elections...

If you are a mean reversion trader and wanted to try trading an index then why would you pick QQQ instead IWM? That makes no sense to me. I am not sure what you are using but just a casual glance at the price charts should be enough to tell you which one to trade. It doesn't even need any...

Look at that....One week ago everyone was scratching their heads wondering why the markets shot up on hot job numbers.....One week later a nice pullback and a move up on the VIX on no new news events. It was due, but was it merely a coincidence that it occurred on October Friday the 13th? I...

I would skip it and find something else to trade. Not forcing trades when you don't see a good setup is part of good trade management.

Now that yields are on the rise, you don't hear about the dollar dying and BRICS or any of that much. But as soon as they start easing again it all starts. Yields are the new growth stocks. It needs to work its way up to the 30YR. The IPO market isn't very compelling.

The only solution to this problem is for the government to curb spending. T-Bill rates are set by market price. Do you want full yield curve control like Japan? The higher interest rates are for consumers. Not for government and banks. The Fed will setup some special facilities for the...

Well then you can trade according to your thesis. I am in the camp that long rates keep climbing for the rest of the decade. Saving the USD is the highest of priority. The economy will adjust and everything will be alright. But we are just getting started. Still a long way to go.

I think that we are close for everything < 4 months.

Do the utility ETFs got any Magnificent 7 stocks in them? Magnificent 7 stocks are the new defensive plays.

I use ERX. I like trading it better than /CL or USO.

All of these reports and news events are just used to move markets. If it moves it too much, too fast, then it's going to flip. Understanding gamma is the key.

You sound wet behind the ears. You got played. Better luck next time.

I just started trading spreads this year. My former strategy was just rolling naked puts and covered calls until they hit the end of the options chain. But now I mix it up with Verticals and diagonals and ratios and calendars and all kinds of spreads. Don't limit yourself on just credit spreads...

The specs are that each contract is settled with 100 shares of SPY...Kapisch? You're welcome.

I am going to reply to my own question. Supposedly people have been led to believe by the news outlets that a strong job market hurts the fight against inflation and bad for the stock market, but it's actually not bad for the stock market. Without strong employment in the private sector people...