Gotta love ZERO RISK in the SP500 = $$$

[FriskyCat]

And there you go.....back down

Dow could close below 25000 by tomorrow....maybe even today...just thinking that last week the Dow broke out to historical highs!!!

Same trick as late January. It went from bulls celebrating the parabolic record closes each day to a waterfall decline in a week. Just price vacuums due to a number of factors and then a complete lack of liquidity once the volatility spikes.

FWIW, channel/trendlines from the 2016 lows broken in ES, NQ, RTY.

 

[destriero]

Overnight rally looks like a sure thing tonight. The odds are in my favor going long now NQ 7397.00

Good call! You must be co-chair of volente_00's investment club!

 

[Rickshaw Man]

Sneaking it up tonight, bout time the overnight rally showed up

 

[Rickshaw Man]

haha and clock work Trump announces will talk with Xi at G-20 since market was down yesterday.... I dont get how you short it when they are so fixated on stocks rising.

If it where not for the elections approaching he wouldn't care. This is truly amazing watching a sitting president jaw bone the market with every little wiggle.

 

[FriskyCat]

Sneaking it up tonight, bout time the overnight rally showed up

I'd only play the gimmick trade in periods of low volatility. That would exclude Jan/Feb 2016 and this past Feb-Mar 2018. The past week or so of it failing to work (like clockwork) was another warning signal.

 

[S2007S]

Ohhhhh geeee.....

How come markets get "oversold" in 2 days but not a word of how overbought they are after straight 10 years of gains!!!!


Cramer says it's time to buy stocks on Friday after massive sell-off: 'We are oversold'

• The time to really be aggressive in selling happened, Jim Cramer says.
• He saw the "whoosh" happen on Thursday and thinks the market is now oversold.
• It could be a good time to buy Amazon, he says.

https://www.cnbc.com/2018/10/11/cramer-buy-stocks-on-friday-after-sell-off--we-are-oversold.html

 

[S2007S]

Sneaking it up tonight, bout time the overnight rally showed up

Will be interesting to see where the market opens and if it can hold the gains throughout the day....and weakness after the positive open and this market could easily swing down 3%!!!

 

[volente_00]

Will be interesting to see where the market opens and if it can hold the gains throughout the day....and weakness after the positive open and this market could easily swing down 3%!!!

Expecting a 2-3 % up move

 

[Clubber Lang]

The Market never bottoms on Fridays.




(Until HFT came along)

 

[S2007S]

Expecting a 2-3 % up move

Whewwww.......sounds quite impressive....let's see if it holds....will be buying some short ETFs ifff the markets open up 3%+ especially SDOW and SOXS!!!