Short term top call here...? Sold stonks into bear mkt rally

[Nine_Ender]

Nonsense. I'm still net profitable and Up from where I was in late March.... can you say the same?

Your petty, false libel attacks must stop, nineender, do I need to ask Baron to ban you again? last and final warning

There is no libel here. There is no trolling, I've barely addressed you in months. The numbers are your own posted claims on your trading results. Based on your posts, there is an extremely high probability I have larger trading profits then you do this year. Nobody cares.

 

[Nine_Ender]

Nonsense. I'm still net profitable and Up from where I was in late March.... can you say the same?

Your petty, false libel attacks must stop, nineender, do I need to ask Baron to ban you again? last and final warning

Reported. Highly unprofessional. These threats need to stop.

 

[SammyJ]

Ken since you post your trades.For 2 months post a screen shot of your trades as they happen real time blotting out your account # . You sell a service and seem to like to brag to the board . Just like when you showed $90 mil of trades . You never showed your pnl for the year which all brokers show .

 

[vanzandt]

Any thoughts? Rem 3day weekend ahead, mkts closed monday.

Off topic (with the markets are closed):
Hey just curious... who in your esteemed opinion was (is) the best R&R, R&B, sax player? There's a bunch in jazz, but RR/RB?

 

[KCalhoun]

Off topic (with the markets are closed):
Hey just curious... who in your esteemed opinion was (is) the best R&R, R&B, sax player? There's a bunch in jazz, but RR/RB?

Maceo Parker for funk, there's a couple of new guys that are really good too, like Eric Darius. Dick Parry's solo on Pink Floyd's Money was great, there's a lot

 

[BeautifulStranger]

I could be wrong, but I think now is a good time to go to cash, so I sold my DIS PYPL NFLX CGC TLRY etc I bought a couple days ago.

Is this gonna reverse back down? Who knows. I bought some inverses here too, end of day SQQQ SOXS SPXU UVXY.

Any thoughts? Rem 3day weekend ahead, mkts closed monday.

The following is a daily spread chart between UVXY and $VIX:

The dark line is a 63 day (Quarterly) moving average.

While $VIX cannot be traded directly, it does have listed options. One can replicate a long position in $VIX by buying a call and selling a put of the same strike. Another nice thing about using $VIX to be long volatility over UVXY is it may be possible to gain a sense of what levels tends to attract order flow, as in potentially identifying support and resistance areas because $VIX is mean reverting, whereas UVXY’s value fades over time as long premiums decay.

As far as market outlook is concerned, I believe both the bears and bulls have strong cases. As such, I would try to avoid “Overstaying” trades, either long or short. I’m guessing the market has completed about 75% of its present move before a correction or even reversal sets in.

 

[KCalhoun]

The following is a daily spread chart between UVXY and $VIX:

View attachment 285815

The dark line is a 63 day (Quarterly) moving average.

While $VIX cannot be traded directly, it does have listed options. One can replicate a long position in $VIX by buying a call and selling a put of the same strike. Another nice thing about using $VIX to be long volatility over UVXY is it may be possible to gain a sense of what levels tends to attract order flow, as in potentially identifying support and resistance areas because $VIX is mean reverting, whereas UVXY’s value fades over time as long premiums decay.

As far as market outlook is concerned, I believe both the bears and bulls have strong cases. As such, I would try to avoid “Overstaying” trades, either long or short. I’m guessing the market has completed about 75% of its present move before a correction or even reversal sets in.

Excellent points, agree re options likely a better way to trade vix vs uvxy since contango.

I always hold some uvxy as a bad headline news play.

 

[KCalhoun]

Nice to see market selling resumes as predicted