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Big tech (NQ) is rock'n again with all-time highs from Facebook and Amazon today with Amazon about to reach a milestone level of 2500. Apple moving up and only 8 points from it's all-time high. What can I say ? The Street loves tech right now....despite the price levels and valuations

Vee-Zee top (2975) held today. Take out tomorrow ?

PA since 11:15 am has been sh*t....down, sideways, choppy. Best to trade AM and then quit for the day.

We are at the level of the Vee-Zee top, no ?

Anyone trade last night's 6 pm opening ? It was a thing of beauty.....a test of the 2910 level and then straight up for 90 minutes without even one PB.

The June crude oil contract settled today around $32/BBL....a very strong level. However, let's keep in mind it took a concerted effort by all major producing countries to cut-back production. In the USA, the domestic rig count also had to drop significantly. Bottomline: despite the increased...

For the record, that down move was 24 pts within 10 minutes. Pretty impressive.

Compared to yesterday, big tech (NQ) relatively strong vs. S&P 500 today.

Man, that really sucks....you were right on that call but the 6 pm open was crazy.

The move from 3:15 pm when 2950 held till 3:50 pm was a suckers rally....no doubt.

Cute how they gunned the shorts to a new HOD when the MOC report came out and then dropped it 14 points.

Exactly. The CFTC had to indict "someone"...why not Nav ? Of course, he pissed-off the CME to no end....LOL ! What Nav failed to realize is that these are powerful organizations. In the end, he really had an ego problem....he could have taken his millons and retired with many babes long before...

I applaud the FOMO crowd for their attempt to get to a new HOD in that last 15 minute rally. Very impressive. Close, but no tooky. Look at after RTH PA....what a fake rally that was....LOL.

WTI crude oil (CL) hit a recent high today...$29.48. Highest since April highs. It appears domestic demand has picked up enough to keep Cushing OK inventory levels in check. June contract settlement is next Tuesday. Domestic oil drillers/pumpers need $30 to break even. Most shale oil producers...

Boy, you timed that perfectly.....top-of-the-morning. Nice trade.

Huh ? We went from 2810 LOD to 2838 in 20 minutes.

Are they trading 100 lots or what ? I do remember the day our own Spooz Top 2 knocked-off $+50k.

Who let the FOMO crowd back into the market ?

https://www.cnbc.com/2020/05/13/david-tepper-says-this-is-the-second-most-overvalued-stock-market-hes-ever-seen-behind-only-99.html 1999 Deja Vue all over again.

Close enough.....hit 2825 this evening and then WHAM....down 20 pts.