Gotta love ZERO RISK in the SP500 = $$$

Wow, worst "DAY" in two months....ugh ohhhhh, hurry, get the fed to drop another trillion to prop it up....that's the headline in cnbc!!!



Stocks are having worst day in two months, Dow falls 95 points
  • The Dow Jones industrial average fell 95 points
 
S2007S said:
CMG the once darling on wallstreet is nearing multi year lows!!!

Down 15% today alone!!!!

Ouch
More...

the price action is oddly reminiscent of valeant, i wonder if the institutional desks are bailing once their stop losses are triggered one by one
 
Rickshaw Man said:
What in tarnation is going on here. Keep people away from windows, we are down 80 Dow points, turn those machines back on and sellllllll selllllll
More...

Haha, I like the reference to the Duke brothers.

So we have had a major sell-off last Thursday which recovered by end of day. Then we had a sell-off on Monday which didn't recover. Now we have a sell-off today which is barely recovering. What is the catch?

This week is a big earnings week for many large companies, and the results haven't been stellar. Factor in the Trump shit with his tax plan foibles, and we're ripe for increased volatility. Hell, my position in NQ is long at the top of last week. Just going to have to ride this wave until either...

A) Contract expiration

B) Profit target is hit.

P.S. Tomorrow is another big earnings day, with Amazon and Twitter. This one might sting the markets more.
 
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Added to my trade, now just kick back.



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