Tonight they definitely rally, no questions asked, there is no way the markets fall for a third day in a row triple digits....thats why I'm long XIV and sold 1/2 Yang. I know the rally comes tomorrow, as for friday thats all up to the job numbers, last month they missed by 4 miles, all i know is were moving another triple digits tomorrow no questions asked....
Gotta love ZERO RISK in the SP500 = $$$
- Thread starter makloda
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Tonight they definitely rally, no questions asked, there is no way the markets fall for a third day in a row triple digits....thats why I'm long XIV and sold 1/2 Yang. I know the rally comes tomorrow, as for friday thats all up to the job numbers, last month they missed by 4 miles, all i know is were moving another triple digits tomorrow no questions asked....
I agree and expect the market to go higher tomorrow - it was only Yellen's fat mouth that drove it down.
I could see it being a half day rally though, if speculators start to take positions to price in the job report in the afternoon prior to Friday. Should be interesting either way, I went long before the close, already up nicely.
I don't think retracement is over though.
Futures down triple digits this morning...im quite surprised by this....looks like support will be just about broken on the s$p this morning.....haven't seen the markets like this in a lonnng time....Asia was down a lot last nite and Europe down nearly 2%%...who knows if this is a dip or the start of a serious correction ....
Wall Street set to open sharply lower as yields weigh
S&P FUT2060.50 -13.75 -0.66%
DOW FUT17663.00 -115.00 -0.65%
NAS FUT4339.25 -33.75 -0.77%
Wall Street set to open sharply lower as yields weigh
S&P FUT2060.50 -13.75 -0.66%
DOW FUT17663.00 -115.00 -0.65%
NAS FUT4339.25 -33.75 -0.77%
The future has proven what I said. Since the party has started, I don't think we will have a quite good non-farm payrolls and employment rate this Friday, could be the catalyst.
market should power ahead I predict at least a triple digit gain of 125+ points going into the close.....as soon as the momentum builds its moving higher....I sold my DWTI today at $64 even though I know its going to $75+ figure let me take profit after seeing it run up $5+ and the rest of YANG at $6.00, holding XIV and ERX for the RALLY !!!! XIV should power back to $40+ and ERX to 62-64 by tomorrow if all goes well and the market turns north....
Other than that still short...
Other than that still short...