Gotta love ZERO RISK in the SP500 = $$$
- Thread starter makloda
- Start date
If the market isn't running higher its trading flat just like today, a -30 point day on the dow that is stuck within a 7 point trading range is quite a scene, figure if they can't push it higher and you know its not going to sell off they might as well keep it flat all day long!
Should be a push higher once it gets closer to the close, they need another historical high for the weekend!
Should be a push higher once it gets closer to the close, they need another historical high for the weekend!
Sold my XIV just in time! I wouldn't call this a free fall but since we haven't had a meaningful pull back of at least 25 points on the dow in weeks I think this could be somewhat of a FREE FALL!!!!!
but no worries it should bounce back on Monday and start to rally to new highs along with nasdaq 5000 so just buy this dip, sit back and wait for free Money monday to come! Will wait for Monday to get back in long with some XIV if it dips below $32! Right now $32.45
This is like a cat and mouse game with 5000. Every time it comes within striking distance the rug is pulled.
4963
I wouldn't worry a bit, 5000 is coming, it has to, its a 199% guarantee no questions asked!
The surge next week will look incredible, not only will you get nasdaq 5000 but it will take out the high on top of that, so you are looking at at least a 2% surge next week on the nasdaq.... especially with apple making up over 100 points of the nasdaq gains this year alone, I mean what other better way to have 1 stock control about 2/3 of the nasdaq gains, isn't that the best way to push the nasdaq higher, with one stock, forget about the other 99, why do you need 99 stocks when 1 stock can move the entire market to new highs. Now that apple is hyping up yet another piece of hardware at its big watch event on march 9th it might be time to buy not only apple but TQQQ because both are going to surge, remember without apple the nasdaq is nothing....
Agreed. Covered my short at the close and went levered long and now up lots after hours.
what did you go leverage long?
I couldn't resist, I went long XIV again, I know Monday is FREE MONEY MONDAY....only a 1/4 of a position though at $32.70, up ever so slightly after hours at $32.88
Big gains AH
SPXL close $93.37 BID 93.77 ASK 93.81
TNA close $85.63 BID 86.01 ASK 86.23
TQQQ close $111.30 BID 111.51 ASK 111.69
QQQ close $108.40 BID 108.49 ASK 108.51
XIV close $32.75 BID 32.87 ASK 32.90
SPDR S&P 500 ETF (SPY)
-NYSEArca Watchlist
210.66
After Hours : 210.99
SPDR Dow Jones Industrial Average ETF (DIA)
-NYSEArca Watchlist
181.19
After Hours : 181.30
Guess traders couldn't wait for the morning hours on monday to jump back in on this huge correction we had today, they want in AH today because they know the surge is coming on monday, FREE MONEY MONDAY.
what did you go leverage long?
I couldn't resist, I went long XIV again, I know Monday is FREE MONEY MONDAY....only a 1/4 of a position though at $32.70, up ever so slightly after hours at $32.88
Big gains AH
SPXL close $93.37 BID 93.77 ASK 93.81
TNA close $85.63 BID 86.01 ASK 86.23
TQQQ close $111.30 BID 111.51 ASK 111.69
QQQ close $108.40 BID 108.49 ASK 108.51
XIV close $32.75 BID 32.87 ASK 32.90
SPDR S&P 500 ETF (SPY)
-NYSEArca Watchlist
210.660.72(0.34%) 4:00PM EST
After Hours : 210.990.33 (0.16%) 5:10PM EST - Nasdaq Real Time Price
SPDR Dow Jones Industrial Average ETF (DIA)
-NYSEArca Watchlist
181.190.82(0.45%) 4:00PM EST
After Hours : 181.300.11 (0.06%) 5:08PM EST - Nasdaq Real Time Price
Guess traders couldn't wait for the morning hours on monday to jump back in on this huge correction we had today, they want in AH today because they know the surge is coming on monday, FREE MONEY MONDAY.
I go long SPY because I can lever 10x.
No worries yet again!!!
China cuts interest rates while the markets were closed on a Saturday!!!!!
2 times in 3 months.....once China goes so does the rest of world....
Im telling you before you know it every country will have zero interest rates ....QE and central banks propping up everything and anything....
US has zero rates
Switzerland has negative rates
and now China in a few years will position themselves with zero rates to keep growth hopping along...
It really doesn't get better than this...this news should boost Asian markets tomorrow and rally the US futures big time
BEIJING (AP) — China's central bank cut interest rates for the second time in three months Saturday, adding to signs the country's leaders are worried the economic slowdown is deepening too sharply.The People's Bank of China announced a rate cut on one-year loans by commercial banks by 0.25 percentage point to 5.35 percent. The interest rate paid on a one-year deposit was lowered by 0.25 point to 2.50 percent.Rates were last cut on Nov. 22. The new rates take effect Sunday.Last year, China's economic growth fell to 7.4 percent — the lowest since 1990. It is expected to decline further this year, and a steep economic decline can raise the risk of politically dangerous job losses.The latest round of cuts follow a string of tax reductions and other measures aimed at propping up growth. The government cut business taxes last week and has announced a pay hike for civil servants.The lower rates are expected to reduce financial costs for state companies and are a signal to state-owned banks to boost lending to them.Economic growth in the world's second-largest economy has slowed down steadily over the past two years, mostly as a result of government efforts to steer the economy to more self-sustaining growth based on domestic consumption and to reduce reliance on trade and investment.Eswar Prasad, an economics professor at Cornell University, noted that China has been a primary driver of global economic growth and that the slowdown will have a negative ripple effect throughout the world.Still, Jay Bryson, global economist for Wells Fargo Securities in Charlotte, North Carolina, emphasized that China's economy is still growing, just at a slower rate."China is not collapsing. You're looking at a country that was growing at double digits, and now it's only going to grow 6 to 7 percent," he said."We're talking about slower global growth, not another 2009," he added, referring to the global financial crisis.The impact of the slowdown will vary depending on a country's exposure to China. In the U.S., Bryson said most people won't notice the impact at all. While U.S. exports to China total about $100 billion a year, he said that's less than 1 percent of the gross domestic product of the U.S., which has a $17 trillion economy.
China cuts interest rates while the markets were closed on a Saturday!!!!!
2 times in 3 months.....once China goes so does the rest of world....
Im telling you before you know it every country will have zero interest rates ....QE and central banks propping up everything and anything....
US has zero rates
Switzerland has negative rates
and now China in a few years will position themselves with zero rates to keep growth hopping along...
It really doesn't get better than this...this news should boost Asian markets tomorrow and rally the US futures big time
BEIJING (AP) — China's central bank cut interest rates for the second time in three months Saturday, adding to signs the country's leaders are worried the economic slowdown is deepening too sharply.The People's Bank of China announced a rate cut on one-year loans by commercial banks by 0.25 percentage point to 5.35 percent. The interest rate paid on a one-year deposit was lowered by 0.25 point to 2.50 percent.Rates were last cut on Nov. 22. The new rates take effect Sunday.Last year, China's economic growth fell to 7.4 percent — the lowest since 1990. It is expected to decline further this year, and a steep economic decline can raise the risk of politically dangerous job losses.The latest round of cuts follow a string of tax reductions and other measures aimed at propping up growth. The government cut business taxes last week and has announced a pay hike for civil servants.The lower rates are expected to reduce financial costs for state companies and are a signal to state-owned banks to boost lending to them.Economic growth in the world's second-largest economy has slowed down steadily over the past two years, mostly as a result of government efforts to steer the economy to more self-sustaining growth based on domestic consumption and to reduce reliance on trade and investment.Eswar Prasad, an economics professor at Cornell University, noted that China has been a primary driver of global economic growth and that the slowdown will have a negative ripple effect throughout the world.Still, Jay Bryson, global economist for Wells Fargo Securities in Charlotte, North Carolina, emphasized that China's economy is still growing, just at a slower rate."China is not collapsing. You're looking at a country that was growing at double digits, and now it's only going to grow 6 to 7 percent," he said."We're talking about slower global growth, not another 2009," he added, referring to the global financial crisis.The impact of the slowdown will vary depending on a country's exposure to China. In the U.S., Bryson said most people won't notice the impact at all. While U.S. exports to China total about $100 billion a year, he said that's less than 1 percent of the gross domestic product of the U.S., which has a $17 trillion economy.