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  1. bone

    Cramer: Wall Street Frontrunning Robinhood in Premarket

    Jim Cramer said that Wall Street professionals were bidding up downtrodden stocks like airline stocks in premarket trading in order to game the Robinhood users. Cramer pointed to American Airlines, Hertz, and Carnival Cruise Lines being bid up substantially in recent premarket sessions. He...
  2. bone

    I hate strong trend days

    If you require certainty - trading is NOT your profession. We deal with RISK.
  3. bone

    I hate strong trend days

    Back in my scalping days one of the many market drivers I used to model was: overnight BIAS follow through to the day US session. :cool:
  4. bone

    I hate strong trend days

    Overnight (Not US NYC trading hours) the ES Futures will move substantially due to Asian and then later EU market influence.
  5. bone

    I hate strong trend days

    Nice. Point being: If you think you’re safe with your market entry - you’re probably NOT.
  6. bone

    I hate strong trend days

    When I scalped Treasury Bond Futures - I was very very keyed in on highly correlated drivers. I watched the Cantor Fitzgerald and Brokertec Cash Treasury Markets, the CME S&P Futures, the Yen, the Dollar Index, Gold, and Oil as I recall. In the PIT you had maybe a half second edge to pick off...
  7. bone

    I hate strong trend days

    I haven’t been a Pure scalper for a very very long time. Since then I’ve used those skills to leg into inter market spreads on appropriate occasions. To me, speaking from my own experience - there’s more risk to waiting for a market pause and a Retracement to fade than there is to race a fresh...
  8. bone

    I hate strong trend days

    Even if you can manage to wait on a retracement, you are going to take heat. If you are trading a market that is averaging 2 percent daily moves - everything you put on is going to be underwater. Could be for 2 seconds, 2 minutes, 20 minutes, 2 hours, puke and try again... Back a long time...
  9. bone

    I hate strong trend days

    I had a guy in Singapore PM me about this. He is at a prop firm that insisted he be flat at the end of each day. With the noise and short term ebb and flow that is inherent with market action on a granular scale he was having a very difficult time staying with the market bias that his modeling...
  10. bone

    Tesla Closing in on Toyota

    I'm pretty sure that people short stocks and buy inverse ETF's all the time.
  11. bone

    Tesla Closing in on Toyota

    When you buy a stock you're buying a pseudo futures contract essentially. You are betting on future performance.
  12. bone

    Tesla Closing in on Toyota

    I agree with you on the hype part completely. But there is some measure of justification to it. Tesla has a huge jump on every other carmaker with EV's. The build quality is kinda crappy, but the drivetrains, software, ecu's and battery packs are legit industry leaders. And they have been...
  13. bone

    Tesla Closing in on Toyota

    (Bloomberg) -- The surge in Tesla Inc.’s shares so far this month moved Elon Musk’s company even closer to displacing Toyota Motor Corp. as the world’s most valuable carmaker. With a market capitalization of more than $190 billion, Tesla still has some distance to close to reach Toyota’s $210.5...
  14. bone

    Morgan Stanley: Rangebound S&P 500 Next 6 Months

    Iron Condor
  15. bone

    Haven't seen this much bullishness since 1999. Most bears have thrown in the towell

    I will not do that. I'm not a day trader. I agree with Morgan Stanley - we're in a bounded range for the next few months or so courtesy of the Fed, the ECB, and the recession.
  16. bone

    Morgan Stanley: Rangebound S&P 500 Next 6 Months

    Morgan Stanley Wealth Management's chief investment officer Lisa Shalett wrote in a note Monday, "Our view is that the index will be rangebound for the next three to six months," pointing to head winds from "shifting dynamics," as "inflation expectations are rising, yield curves are steepening...
  17. bone

    What if the markets never crashes more than 50% again?

    LOL. If you carry a cellular phone or wear a smart watch you are already there buddy !
  18. bone

    European Central Bank

    ECB to European Banks: “let’s put more and more pressure on already shaky EU Bank revenue margins and balance sheets just because we want parity with the US Dollar”. After five years of negative rates - it hasn’t done anything to stimulate demand and Lagarde has no clear way forward to get...
  19. bone

    How much money can you make trading electricity futures?

    You’re going to have to grow some fuzz on your peaches if you’re going to hang around traders - either here or in an office environment. This business is all about calculated RISK, and the type of personality the profession attracts is quite Type A. I wish you good fortune!
  20. bone

    CME - Why Smart Money Trades Spreads

    SPAN is the daily futures exchange risk calculation procedure for determining the margin credits for spread positions. In other words, it costs much less to margin an exchange recognized spread as compared to flat price outright contracts. Here is an example...
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