Search results

Yep. The Fed opens their big mouth once again: https://www.cnbc.com/2020/06/15/the-fed-says-it-is-going-to-start-buying-individual-corporate-bonds.html To the Shorts: Burn, Baby Burn. The Fed is out to burn your ass.

Dunno. That's the implication however. Thus, shorting options may be the way to go.

Guys - I'm pretty much going crazy with all of these talking heads on TV....V-shaped, L-shaped, U-shaped, Checkmark recovery forecasts. Here's the best quote from last week: "The only certainty at this time is that we will have uncertainty in the near future". And these people get paid for that ?

An update on the WTI (CL) crude situation.....Goldman Sachs continues to dominate the trading: https://www.bloomberg.com/news/articles/2020-06-10/goldman-traders-score-1-billion-in-commodities-after-oil-tumult There's been a distinct bias upward every day when the pit trading on the NYMEX...

Badly needed since the departure of NQurious and all of his friends.

Congrats Dude...but still let me ask you this...... Why didn't you just exit when the market got that close ? I mean wow, one tick ?

He should have....I am showing 2982.25 for the LOD. What a trade !

https://finance.yahoo.com/news/nothing-spared-selloff-stock-downtick-173904491.html Yesterday was historic from a technical standpoint....uptick/downtick record.

Yeah, we are likely to get a rebound from this one day move down. One question: How long will that bounce last ?

No, I was definitely down on the day. Traded both ES and NQ. The market had my indicators whipping all over the place....one of the most volatile days I've ever witnessed. It was just "whip city" and the algos/bots were just going wild.

Same here...as soon as I entered long, the market would reverse. Only one weak bounce all day. What a change ! I think the bots were programmed to sell all bounces today. 6 pm open is wild and wooly....14-15 pt ranges within minutes. Market is just thrashing about like a wounded animal. It's...

This is in honor of all of the unrelenting bulls and robinhood longs. After today's price action, I say to you: Burn, Baby, Burn.

Thanks EON. I called the CME and they internally have moved to September last night for purpose of circuit breakers and settlement. However, the most active month is still June. When will the volume move to September ? There is no hard-and-fast rule. It could stay in June until next...

Guys - I thought today was rollover date to September for MES/ES/NQ/MNQ....but the volume says no ? IQFeed moved their continuous back-adjusted symbols to September, that's why I ask.

Agreed. ES couldn't hold 3200 today ? Pathetic. NQ ? PA simply wild.

Big tech (NQ) blows thru 10,000 with no hesitation. Pretty impressive. https://www.dailyfx.com/forex/market_alert/2020/06/09/Nasdaq-100-Breaches-10000-for-the-First-Time-Ever-Bulls-Rejoice.html

Big tech Nasdaq...NQ relatively strong today....till the end of day. Good news: reached a milestone 10,000 level....3 times today. Bad news: couldn't hold it. Maybe tomorrow.

https://www.bloomberg.com/news/articles/2020-05-28/big-bankruptcies-sweep-the-u-s-in-fastest-pace-since-may-2009 Markets continue to laugh at the news.

https://www.marketwatch.com/story/chesapeake-energys-stock-nearly-triples-on-heavy-volume-after-opec-agreement-2020-06-08?mod=mw_quote_news Perfect definition of massive short-covering. Energy patch remains extremely shaky-at-best.

WTI Crude (CL) is rock'in and roll'in today after the OPEC agreement. It opened around 40 and couldn't hold that level for a nanosecond. It then dropped to 38 where it has been bouncing off that level. The Chicago pit boys are having fun with this one today. The 2:30 pm pit close should be wild.