Midnight rally

trading SPY buy close sell open chart 2020 jan-dec.png

 

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Get ready gents...about time to make some easy nightly profits.

No thank you. I'll wait for the falderal of this week to come to an end, and we see how the market reacts to the shitstorm coming with the GA run-off, Trump's nonsense on the phone call, etc etc.
 
Buy the cash close sell the cash open...So easy making free money while you sleep.

2/4 days this week opened gap down, though.

Anyway, looks like this market is going to the moon. I imagine we won't see a sustained drop in our lifetime or before the US defaults on their debt - if that happens.

EVERYONE I know which are involved in the markets, mostly retail amateurs, are ready to leverage up and buy all they can on the next big drop.

These guys seriously think that the market can only go up. And they're kind of right, too. If newer history is a guide...

They have no clue WHY they're buying though. Just that BTFD works.
 
You know the scared amateurs will not buy the close today. Not with the big payroll number tomorrow. I will sell them my lots after they skyrocket up. Good # bad # it really doesn't matter. Bad data just means more free FOMC cash. Simple as that people.
 
You know the scared amateurs will not buy the close today. Not with the big payroll number tomorrow. I will sell them my lots after they skyrocket up. Good # bad # it really doesn't matter. Bad data just means more free FOMC cash. Simple as that people.

Sure. You've convinced me. I went in at the cash close on Jun MNQ at 12928.25, the ATH pretty much. Let's see the free money!
 
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