Gotta love ZERO RISK in the SP500 = $$$

What can I say, looks the opposite of what I expected, doesn't look good, I will keep my short on till it gets stopped out. If this continues, then it only confirms that this uptrend is mostly driven by inflation, in which case this is negative for all of us.

I think you let the extreme bearish sentiment on this site get to you and ignored the rather obvious signs that the market wanted to go up. My guess is, big players knew the large IT companies were likely going to do well, so that is why the first few mediocre earnings reports were mostly ignored. Latest reports were very good in IT, and even MCD and Boeing were good. AAPL earnings will be the final card dealt, we'll see what happens, but given that the stock is already somewhat sold off ( some would say cheap ), I think most of the news driven risk is on the up side this report. Only a large drop in revenues would help bears at this point.

It's not "inflation" moving these markets, it's fundamentals. US economy is improving, and earnings reports seem mostly good. You may think that markets are overvaluing the positives, but that's what bull markets do.
 
I am short SPY...going into the weekend. A small position trying something new.o_O

"I am short SPY...going into the weekend. A small position trying something new.

Hope by "trying something new" you meant "giving masochism a try"

j/k trying to make light of this crazy market.

Im short just 1 es over the weekend but i fully expect to be feeling my balls getting squeezed in a vice come monday. :D
 
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"I am short SPY...going into the weekend. A small position trying something new.

Hope by "trying something new" you meant "giving masochism a try"

j/k trying to make light of this crazy market.

Im short just 1 es over the weekend but i fully expect to be feeling my balls getting squeezed in a vice come monday. :D

Haha thought I would live life on the edge! And yeah, I am prepared for the same outcome also, but still a bit optimistic that maybe things will come through. Either way, have a good weekend!
 
Haha thought I would live life on the edge! And yeah, I am prepared for the same outcome also, but still a bit optimistic that maybe things will come through. Either way, have a good weekend!


You too man! make sure you drink yourself numb this weekend so that it doesnt hurt as much on monday, thats my plan anyways. :D
 
If you're going to try shorting the market atleast wait until AAPL and all the other hype names are worked out of the system. Say maybe 2-3 weeks from now?


Nahhhhh, i like playing in traffic...... I like to live dangerously...... :D


Here is a short video of how i percieve my stubborn short will work out next week. Your either on the short bus with us (pun intended) or your in the way..... :D:D :D

 
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It's too damn easy to move these markets during the Asian and EU session...the US session is just playtime for the algo's to flush stops on both sides of the market...and then the real advances occur when there are no pesky stocks to interrupt the ramp-a-thon...It's a very clever playbook...
 
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