2200 is strong support for S&P 500, will it break ?

[S2007S]

I got my laugh for today!!!!

Haaaaaaaaaa hahaha
This is fu©king hilarious

Cramer says the bear market in stocks ended on Christmas Eve

• "I think people are still oblivious that the bear market ended on that horrible half-day" Dec. 24 session, CNBC's Jim Cramer says.
• Since then, the S&P 500 has rallied nearly 10.5 percent through Friday's close.

Berkeley Lovelace Jr. | @BerkeleyJr
Published 11 Mins Ago


https://www.cnbc.com/2019/01/14/cramer-says-the-bear-market-ended-on-christmas-eve.html

 

[murray t turtle]

Take profits if you have them ..don't be too greedy if you bought some stocks a few weeks back

%%
You mean buy to open ,or buy to close??LOL Good points.

 

[bond_trader_v]

A little higher and then another waterfall of extremely heavy selling....

Will be back at Dec lows before you know it....news from the fed is just a quick prop job to keep the markets at ease...

Came here to tell you you're still wrong.

 

[S2007S]

Came here to tell you you're still wrong.

Thanks, of course the rally from December 24th lows feels good, makes it feel like the worse is over, however markets will be back below December 24 lows once again!!!

 

[bond_trader_v]

So... I just sold some long-term stuff and went short futures before close. No stops. I'm not a good trader by any means, but I just have this feeling we're ready to go down over the next few days.

 

[S2007S]

Tomorrow's market mover will be Netflix earnings Tonight....they will be pretty significant.
If they miss subscriber numbers the stock will easily sink below $300...most expect an earnings beat. Could jump it to $400+

 

[S2007S]

Added put debit spreads for the first time in

XOP and XLF!!!

Continuing to add in short ETFs as well
No buys on the short etf side today ...waiting for Dow 25,000 then will add more at 25500 and so on...this whole China tariff talk thing is now working in favor of the markets but it will be priced in soon...earnings will move markets now, however volatility is done. So back to snoozing again.

 

[Rickshaw Man]

Tomorrow's market mover will be Netflix earnings Tonight....they will be pretty significant.
If they miss subscriber numbers the stock will easily sink below $300...most expect an earnings beat. Could jump it to $400+

Market is shrugging off all negative news for now. I think inflows at the beginning of the year are keeping things elevated.

 

[S2007S]

Market is shrugging off all negative news for now. I think inflows at the beginning of the year are keeping things elevated.

Agree. I heard there was tens of billions of outflows during December's collapse...that must be all that same money wanting out now wanting in.

 

[noddyboy]

Agree. I heard there was tens of billions of outflows during December's collapse...that must be all that same money wanting out now wanting in.

So what are you going to do?