Midnight rally

[Laissez Faire]

Actually, the prior FOMC days this year have been 'snoozers'. Nothing much happened.

But I have a hunch this one might elicit some action as there's more uncertainty now.

Scaling into a long here @ 20/25 for a pop.

Still flat, but have a buy stop above market for my first entry.

 

[Rickshaw Man]

Going long NQ @ 13911

 

[Rickshaw Man]

So bloody easy making free money. Did you really think the stock indexes would go down...pfftttt.

 

[Overnight]

So bloody easy making free money. Did you really think the stock indexes would go down...pfftttt.

Don't use stops, ever, and average down into your losers with conviction, and we will believe you.

 

[Rickshaw Man]

Stupid easy making free money, buy the dip still going strong. When will it end...who knows. Maybe when regular gasoline hits $5.00 a gallon in Texas.

I really don't like paying higher and higher prices for everything. But the FOMC is hell-bent on making EVERYONE pay up for EVERYTHING.

 

[Rickshaw Man]

Free money for all who go long...new highs served up monthly.

 

[Rickshaw Man]

Going long NQ @ 13911

Still long 4 from 13911...so easy. Try and wait for a dip.

 

[KCalhoun]

ALF GME SWBI DDD wow. I'm long SWBI overnight from buying yesterday morning

 

[Rickshaw Man]

Same thing over and over and over. Gap up sideways, gap up sideways.

 

[Rickshaw Man]

Nothing has changed folks. The stock index futures do not rise every night. The rise overnight around 77% of the time. So the odds are on your side. Buy the cash close sell the cash open.

About 2/3 of all stock index gains come from the overnight drift higher. The FOMC is active in the stock index futures markets.