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Meta and Google announce new in-house AI chips, creating a ‘trillion-dollar question’ for Nvidia fortune.com Apr. 11th, 2024 Hardware is emerging as a key AI growth area. For Big Tech companies with the money and talent to do so, developing in-house chips helps reduce dependence on outside...

Bond Traders Are Preparing for a 5% Yield, No-Rate-Cut World bloomberg.com (Bloomberg) -- Bond traders are readying for 10-year US Treasury yields surpassing 5% as the scenario of no interest rate cuts by the Federal Reserve this year looks increasingly possible. Schroders Plc is shorting...

Flip short 45

So you're calling the top here solely because companies are buying back their stocks with OPM? Does this look like the rates are going up and not stopping anytime soon? :rolleyes: Moody's Baa Corporate Yield Relative to 10-Year Treasury Yield

Flip long 42 +10 This is called pussy power :sneaky:

Flip short 52

flip back long 51 SL 47

Flip short 51

Long 53 SL 47

Actually, I call that being smart. :)

Looks like we're heading for 65.

No bro, it's all in your head. They had 0DTE on SPX options going all the way back to 2016. Yeah, when you were still in your crib. This is how it supposed to go in a BUBBLE MARKET. Obviously, you've never seen the Nasdaq bubble in the late 90s. It went on for more than 3 years. Up, up, up. But...

Short 5240 SL 5247

LMAO. Did you already forget? Just 20 months ago, we were in a nasty bear market. Anyway, I see no point in pursuing this matter any further. So, good luck to you and happy trading!

Should have waited until 5215. :sneaky:

Dude, I don't think we're on the same page. Just what frigging "V" are you talking about? The following chart is the QQQ for today. Did they "buy the dip" today? Obviously, I don't see no dip buying so why don't ya point out to me where this V reversal took place. Also look at the daily. Do...

I guess the bears read your post soon afterward because S&P took a dive back down. Anyway, you sure about the market heading back up tomorrow? I think we're going lower.

Weekly The weekly candle finally dropped below the trendline for the first time since the beginning of the year. It's still possible to trade back above it, but frankly that looks pretty slim as of now. Anyway, another 150 point drop will land us at the 5% pullback line, which not only...

Out 5199 Yeah, call me a puss. Don't trust this market. :banghead:

Yup, everything looks crystal clear when all is said and done. :)