yea in that same topic, LABD looked over bought from 65 when you see that it was just 30 last Thursday
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Gotta love ZERO RISK in the SP500 = $$$
- Thread starter makloda
- Start date
yea...LABU yesterday it was a screaming buy at 14.00..even today in at 16.00 its a fairly short trade. But Biotechs..even though they have moved 700% in 5 years, I don't think they will go straight down ..I think they will bounce and then drop another leg down
today shows signs of the bounce starting to happen
Thats true, can stocks drop straight down, sure they can, but I think the biotechs had a big swing down recently... now Im not saying that the drop can't continue, of course it can but Im playing it for a bounce to the upside....a 10% bounce at least in that sector then Ill go in short.
again on that same topic..lok at GUSH..I doubt it drops below 9 in the short term and looks to be on the move up abet not nearly the speed of LABU
what the hell just happened to crude /CL..that might cut into this rally at some point this morning
I guesss just a fat finger trade on /CL wow
what the hell just happened to crude /CL..that might cut into this rally at some point this morning
lol...almost every day it's the same thing...some ridiculous spike one way or the other...I think that alot of it is end of month positioning (squeezing somebody) in a big way.
ahhh..I forgot about end of month stuff.. I think your right...ES never flinched on that /CL move
what the hell just happened to crude /CL..that might cut into this rally at some point this morning
the inventory numbers came out - the equivalent of non farm payrolls for CL lol
edit: there was almost a 40x difference between the expected and actual numbers
ahhh..I forgot about end of month stuff.. I think your right...ES never flinched on that /CL move
yeah, if I remember correctly the massive spike at the end of August put this latest move to shame...I've never traded a CL contract in my life, so I'm not privy to the rolls into different months, etc...but I believe alot of big squeezes happen around those times as well.