Gotta love ZERO RISK in the SP500 = $$$

Oops, posted in the wrong thread. I closed out the full SPX position @ 2069 for 110% NAV, and I'll leave gold to run for a while.
 
Tavurth said:
Oops, posted in the wrong thread. I closed out the full SPX position @ 2069 for 110% NAV, and I'll leave gold to run for a while.
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Nice work, really kicking myself for blowing that short but atleast got a good long out of this at 2060.25, with a stop if we break the lows, just small size, im not sure about this one but couldnt pass up the risk:reward at these levels.

Edit: Just ditched half the ES long at 2067, so now the trade pays for itself if we take out those lows at 2054.
 
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I will also check BSV price action tomorrow. If that drops (even a few cents) that shows that market is still expecting FED will increase the rate soon. If it goes up, it shows that investors are flocking to safety and believe FED will delay rate hike.
 
The Indexes will be making new contract highs yet, selling opportunities in Notes, Gold and Silver AS metals they not spiking higher, currencies the lows are in, all this price action was way to balance end of the month sheets. Just continuation of trends.
 
And i was about to go long some China etfs after the 19% drop in 2 weeks in the Shanghai index on Friday. Glad I didn't. I can get them tomorrow after another 15-20% discount. Think ill buy some CNXT under $37 tomorrow ....I did own YANG weeks and weeks ago but sold it....that etf is going to zoom into the stratosphere tomorrow at the open...
 
Hang Seng's discount is being gobbled up, what an index! US indexes 'well off the lows', DAX will go up now it's open. If Greece is a thorn in EU's ass, then letting it go can only be good for markets, cut the losses. US indexes remain in a predominant uptrend, therefore buying a discount remains a valid strategy.
 
Handle123 said:
The Indexes will be making new contract highs yet, selling opportunities in Notes, Gold and Silver AS metals they not spiking higher, currencies the lows are in, all this price action was way to balance end of the month sheets. Just continuation of trends.
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