S&P close to 3000 key res 200sma -- strategy?

[Girija]

No.

I only day trade ES.

Will you?

I bot nvda prior to the earnings and it was unevntful / disappointing with no swings. I got out this morning.

 

[1957may10]

I bot nvda prior to the earnings and it was unevntful / disappointing with no swings. I got out this morning.

Don’t have nvda, my opinion you could hold it for some term investment dude.
Btw I looked it now +11.5$, big mistake.
Moral: don’t get emotional if you acted and have a plan - stay still...
My guess big guys made mistake too, short it and bought it discounted.
And guess what now it’s flying and markets sink. They full you around. Money wouldn’t smell.

 

[Girija]

Don’t have nvda, my opinion you could hold it for some term investment dude.
Btw I looked it now +11.5$, big mistake.
Moral: don’t get emotional if you acted and have a plan - stay still...
My guess big guys made mistake too, short it and bought it discounted.
And guess what now it’s flying and markets sink. They full you around. Money wouldn’t smell.

Nah, i get in get out. Entry 353 exit 361 & change. Happy with 800.00 against dropping 35000. Much more value in esm20 for locking that much in nvda.
Me not a Dude. I am a girl killing time and trying to make a few bucks.
I don't like tech for investment. Trade yes, for quick returns.

 

[destriero]

There is only one strategy. Lie about losing in odd lots.

 

[1957may10]

Nah, i get in get out. Entry 353 exit 361 & change. Happy with 800.00 against dropping 35000. Much more value in esm20 for locking that much in nvda.
Me not a Dude. I am a girl killing time and trying to make a few bucks.
I don't like tech for investment. Trade yes, for quick returns.

Sorry, lady. Good luck to you. You can do nvda for short term speculation. It’s good momentum moving company. Make sure you know what you are doing. Easy to lose. Do you have some kind of education. It’s not casino, likely poker, but more advanced.
If you green you win.

 

[murray t turtle]

With the S&P getting close to 3000, it'll be interesting to see how markets react..... any thoughts?

It's a good time to tighten up trailing stops on long swings. In my 2nd fidelity account I've been holding casino and oil stocks HAL PENN etc while scaling out of inverses in main account.

Either we get a continuation or a headfake, good idea to plan if/then trade setups ahead of time.... ideas?

%%
Looks like SPY hits $300/200dma well before IWM.
But since QLD /QQQ has made more lately- I sold QLD@ a round number today/friday
NOT much april 15/follow thru selling. but better than average volatility.I had more fun trading ERY this year, but since upro/qld made more profit-may not ever buy much ERY/down 90% this year-LOL

 

[Laissez Faire]

My best guess is we'll tag 3000/3021.50 tomorrow or Friday, but quite possibly sell/retrace down to 2860 next week or so.

A few days too early, but I believe we printed 3021,72 on today's Open.

I think we have a short term top here, but not expecting fireworks unless momentum should pick up to the downside.

 

[destriero]

LF calls 3021 in two days and immediately takes 45 in heat. Brilliant dude. Just brilliant.

 

[KCalhoun]

What's interesting is the gap up led to a choppy flat day followed by selling eod

Both the gap and in-market price action are important.

Notably we did not close over 3000, though 2991 is close.

 

[Giovanni218]

Kind of surprised the high of day was in the first 20 mins and we never challenged them . Those 3 x bear funds are really on life support many in single digits.