latest Rally

[Nine_Ender]

how can you say that. Rising interest rates are bad for stocks, especially growth stocks. Those companies rely on cheap money to borrow and expand their businesses. As those sources of funds become more expensive it bites into their future growth of earnings. Are you really gonna tell us that is not so?

The companies I trade are making gobs of money. You seem lost in themes this is a stock pickers market. Buy value and quality. Preferably on the drops. Short QQQ was a decent trade for months but look what happened to anyone doing that last week the rallies were quick and intense.

 

[Jdesey]

The companies I trade are making gobs of money. You seem lost in themes this is a stock pickers market. Buy value and quality. Preferably on the drops. Short QQQ was a decent trade for months but look what happened to anyone doing that early last week the rallies were quick and intense.

honestly , it does not matter, I am a very short term trader, out of the trades in as little as a few hours up to about 8 days max...usually I am in my trades for under 24 hours.

 

[Nine_Ender]

honestly , it does not matter, I am a very short term trader, out of the trades in as little as a few hours up to about 8 days max...usually I am in my trades for under 24 hours.

I played QQQ once last week. Long QQQ times two after the Fed meeting when QQQ dropped back to flat on the day. Really strong day trade. Anybody still in crash mode would never have taken that trade.

 

[Nine_Ender]

honestly , it does not matter, I am a very short term trader, out of the trades in as little as a few hours up to about 8 days max...usually I am in my trades for under 24 hours.

What matters is if you get overly biased you'll miss the good setups to go long. And there have been a ton of them this year.

 

[S2007S]

You said that at lower levels. So you are losing money on all your recent moves and you still haven't clarified what you did with your retirement money at any point this year. It wouldn't make sense to tell other people to see their stocks if your haven't yourself. And don't give me some bull about putting no new money in I am referring to your legacy holdings.

Clarify what you did and when or shut up.

I haven't made any changes to my retirement funds, just been adding money to new dividend paying bonds and putting my goal of full 2022 contributions for the remainder of the year.

 

[Nine_Ender]

I haven't made any changes to my retirement funds, just been adding money to new dividend paying bonds and putting my goal of full 2022 contributions for the remainder of the year.

Then you need to stop telling people to sell their stocks.

 

[Jdesey]

What matters is if you get overly biased you'll miss the good setups to go long. And there have been a ton of them this year.

yes yes... all my trades were long last week,,, USO, BIDU, AAPL, YY, BABA and others....also was out of all of them same day as entry or the next day with USO... not here to argue. I believe mid-long term like 1-12 months or longer this market will struggle to go higher. But I am honest enough to say I do not know, hell nobody knows until it occurs.

 

[S2007S]

You said that at lower levels. So you are losing money on all your recent moves and you still haven't clarified what you did with your retirement money at any point this year. It wouldn't make sense to tell other people to see their stocks if your haven't yourself. And don't give me some bull about putting no new money in I am referring to your legacy holdings. Clarify what you did and when or shut up.

And if you would like to know my newest short positions


Here they are
Long SH at 14.74

Long SOXS at 4.54

Long Webs at 28

 

[Nine_Ender]

yes yes... all my trades were long last week,,, USO, BIDU, AAPL, YY, BABA and others....also was out of all of them same day as entry or the next day with USO... not here to argue. I believe mid-long term like 1-12 months or longer this market will struggle to go higher. But I am honest enough to say I do not know, hell nobody knows until it occurs.

US indexes maybe they are kind of a useless trade this year. I've avoided them for quite a long time.

 

[tiddlywinks]

Id like to point out what I consider to be a significant difference between the chart posted in the first post in this thread, and S&P500 futures (ESM2).

Note the volume for the latest rally in the first post.
Compare to ESM2 futures volume for the latest rally. I've posted the ESM2 daily from Tradingview below.

That being the case, the topic of volume particularly involving TradingView, must be qualified...
The S&P500 INDEX, as an index, does not have volume. TradingView is using some CFD volume as the source. That said, a divergence of significance is clearly visible between the "cash" and futures volumes.