ES Journal - 2019/2020

[schizo]

https://www.elitetrader.com/et/threads/front-month-pricing.343198/

Was there a need to quote me for this?

BTW I would think they were referring to the "carry cost" involved in storing CL which would have effect on the rollover.

 

[hafez50]

Today was actually a very constructive day for the bulls. We should have sold off big and stayed down after the huge run we've had but in the end there's still heavy buy the dip longs out there.

As i said very constructive day. Futures just hit up 30. 2850 coming ? Time will tell

 

[Sekiyo]

2800 is the top ^^

 

[Sekiyo]

2800 is the top ^^

 

[manonfire]

Small short 2797, 10 handle stop.

 

[SPYgrain]

30 min - HS - will be looking for shorts tonight/tomorrow

We will see tomorrow / for now pattern nullified

 

[Overnight]

Well, boys and girls, we get the first bit of earnings tomorrow morning with some banks, before the bell. Shall be interesting!

 

[EsKiller]

Well, boys and girls, we get the first bit of earnings tomorrow morning with some banks, before the bell. Shall be interesting!

This is what could set us down a couple hundred on the spoos in the next week or so.

 

[Overnight]

This is what could set us down a couple hundred on the spoos in the next week or so.

I *think* the market is going to do the W dance through the second quarter. How can it not? Last week was great, the week before last was bizarre, and week before that scary. We might be in for scary wave 2. So many unknowns. I miss swing trading, mostly.

 

[hafez50]

The problem is the virus didn't really start hitting earnings till the march 7th-15th so most of the qtr was in the bag. Analysts cut the est's for the qtr big . I'm pretty sure every company will beat big watered down est's. The ironic thing is no company will be able to give forward guidance as they just don't know. The only info we'll get is how business has stopped the past 2-3 weeks but " their hopeful things go back to normal soon" .