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The Trump Casino opens in about 5 minutes or so. Anyone playing ? Could be wild.

Not by hedge funds with massive SPX call options positions with a strike price of 3000. Obviously they need their month-end statements to look good.

WTF ! Was this algos or short covering or both ? Crazy move. Maybe we'll get another one when Trump talks.

Trump talking about China at 2:00 pm....could be fireworks then.

FWIW...big tech Nasdaq (NQ) relatively strong today.

Boom - 12 got taken out but then quickly recovered.

Fed Chair Jerome Powell speaking today. That should help equity markets.

An amazing thing happened in the crude oil (CL) market today that is noteworthy: the EIA came out with a very bearish report indicating inventories climbing much higher than expected. Result: futures continued higher....until they pulled back with the equity market swoon this afternoon...

Wow...this morning there were no ASKs, this afternoon there were no BIDs. Crazy market.

What happened to the bulls today ? They leave after lunch ? Ah, it was Trump opening his big mouth about a China news conference.

Here you go....3058.

EIA Report came out mombo bearish for crude oil.....inventories were way up. Still crude (CL) did not break-down below $32. It appears the market had anticipated a bad number.

WTI Crude oil (CL) had a bad day when Russia indicated it has not agreed to extend production cut-backs into July. Just when the price looked to be breaking out to $40 / BBL, instead it broke down to $31 / BBL and change. Tomorrow is a big day with the EIA report. This market remains volatile to...

Absolutely possible....next resistance level is 3109, the last fib level on the way up. NQ is only 360 pts from ATH's and has blown-out all fib levels on the way up.

Every dip since the morning low has been bot. FOMO crowd back into the game ?

Wish I knew....15 pts down in ES, 50 pts down in NQ in 2 minutes !

2989 so close enough. Well done LF !

Great freak'in call !

Then move to CL (WTI Crude oil). Daily range has been around $2 / BBL or $2k per contract. Pick-up half the range with 2 contracts and you're golden...

Second round of stimulus coming right up...regardless of the equity markets. https://en.as.com/en/2020/05/24/other_sports/1590352368_962074.html