Short going into the close

[maxinger]

Man, we got a lot of numbers coming out this week. Euro PMIs, US PMI, China manufacturing along with Caixin, pretty much every Fed president is speaking, and Friday is another NFP report? Good grief. VIX has zero chance of falling below it's current level of...Last I saw...28ish?

I hope those major economic data moves the market.

There were many instances where the market was rather immune to major economic data release.

 

[Overnight]

I hope those major economic data moves the market.

There were many instances where the market was rather immune to major economic data release.

Oh, they will.

VIX to 36? (I have no idea, but it rhymes).

 

[TimMykes]

My sense is that fading every market prognostication thread on ET would be a lucrative endeavor.

not just ET

only exception is my calls on twitter

if you fade those , you're wrong 95% of the time

 

[themickey]

DO NOT short yet. The stimulus bill is coming and it will raise marlets over 5% in one week. Free money for wallstreet to keep the historic run from never ending.......

Too late, in boots and all short atm, no intention of wussing out either, bollocks to flip flopping around..."will I, won't I."
Sitting tight come hell or high water.

 

[formikatrading]

This is called the "Availability Bias."

(Overemphasis on most recent data and thinking each tick provides worthwhile new info).

We may still have much more to go on the upside in this move off last week's lows but the morning prediction wasn't based on anything but the bias and emotion. Best wishes!

Futures green now and should open up even more greener by the hours into the morning. Free money yesssss

 

[S2007S]

New stimulus bill includes free money, yes more $600 a week unemployment enhanced benefits on top of the already weekly unemployment benefits they are already receiving, so that means people making more money at home than actually working. This would run to January and then another long extension into 2021 because free money needs to be continously printed to keep the economy running, without stimulus the economy would fall into a depression so they know more trillions of unlimited stimulus is here to stay.


Stimulus Update: $2.2 Trillion Stimulus Package Proposal Unveiled, Includes $1,200 Stimulus Checks And $600 Unemployment Benefits


https://www.forbes.com/sites/shahar...timulus-checks-and-600-unemployment-benefits/

 

[VEGASDESERT]

this was the move i was looking for yesterday..

 

[SanMiguel]

To 3300 ...

 

[SanMiguel]

Too late, in boots and all short atm, no intention of wussing out either, bollocks to flip flopping around..."will I, won't I."
Sitting tight come hell or high water.
View attachment 240321

 

[KCalhoun]

Ok here we go again, bought inverses yesterday and scaling in more today. SQQQ TZA UVXY etc

Go bears!

Yesterday a cnbc commentator said short interest in Nasdaq at 14 year highs (something like that)