PPT just got activated... A Whale is mass buying Oil Futures and US Futures
Good adviceCouldn't tell you. Buying insurance now might be too late after the vix has nearly doubled. I mentioned buying the VIX a few weeks ago when the market was at new highs. If you didn't that time is lost. Too late. There might be another substantial move to the upside in the vix but the risk now isn't worth the reward. Wait till it comes all the way back down to play it. Aside from that good luck. Wait on the sidelines for what you believe is a good buying opportunity. Don't go all in at once by a few shares here and there. I'm still short but have my small longs here and there. I sold off a pile of MIDZ today only to see it run another$2+ and tomorrow who knows where it's headed... tomorrow the markets can open down 3% and rally 1.8% by the close. Just have some cash ready to go.
Indeed. I am sure the "PPT" operates at all hours of the day. Shouldn't they be in bed by now? Government hours? I assume that is what this "PPT" idea is based on, in a weird way.
It's based off Market hours... They monitor 24/7, PBOC very active atm, defended back Yuan to 7.09, HK dollar well defended atm. Central Banks are very active right now vs the Bears, BoJ pumping Nikkei, ASX up a bit since low
What do you mean a "one-day sell-off"? The markets have been dropping for a week now. Are you high?
Then where were they in Q4 of last year? This PPT talk seems silly.
Well cnbc just started their markets in turmoil special reporting today so I take it as one day sell off as being the reason behind this ...the other past days have just been little tiny blips
Don't watch CNBC. The first day I ever watched it, was last February, the day before the Dow dumped over 1,000 points. I only watched it because I finally wanted to see the "Mad Money" Cramer dude live during his show. I loved his stupidity. Total clown.
The next day the Dow did it's thing, and I was mesmerized by the super-granulated real-time index ticker on display.
But the comment by the boobs on there? They kept asking "What is the market halt on the Dow? What percent is it?" This is when it was about 6% down. It's like, "Guys, know this market-breaker stuff" if you want to comment on market-breakers. Yer financial commentators. Don't be like this guy...