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Misc Stock Market

Bell chasers getting wiped out every single day. Unreal. Haven’t seen this type of action in years
 
Call flow in SPY/Q's still not bullish. VIX option expire today and with quad witching week....
 
Unfortunately, the oil move is likely due to China weakness and WTI/Brent was likely a BTMFD when the WTI April contract was at $93.54 this morning.

I'd love to be wrong. Didn't say anything anywhere about a call with oil this time as I didn't want to see $100+.

If I were to take part, I'd most likely just buy OIH, as I don't have anywhere to lean on for help with oil.






PS: China zero COVID policy is looking not so smart right now (they won't share with the class but based off what I saw when I was browsing this morning, they have a potential disaster unfolding), but that's a discussion for some other place online and not here.
 
Storm5 said:
What's the feeling for tomorrow ?

.25
Surprise the market and .50
Or surprise the market and kick the can


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I’d guess 0.25, but I really hope they go 0.50. The economy needs a swift kick in the butt before inflation completely spirals out of control, and 0.25 isn’t going to do much.
 
Storm5 said:
What's the feeling for tomorrow ?

.25
Surprise the market and .50
Or surprise the market and kick the can


Sent from my iPhone using Tapatalk
Click to expand...
superjames1992 said:
I’d guess 0.25, but I really hope they go 0.50. The economy needs a swift kick in the butt before inflation completely spirals out of control, and 0.25 isn’t going to do much.
Click to expand...

.25 hike and he makes it sound as dovish as possible...
 
KyloG said:
.25 hike and he makes it sound as dovish as possible...
Click to expand...
Yeah pretty much what I expect. I guess they could do .5 and make it sound like a wait and see approach from here on out.
 
If I were enough of an idiot to trade FOMC, I'd be buying up SARK and SQQQ before the bell today.

I don't love what's going on here. It looks similar to the last two CPI days and suggests that shorts wised up and caught on to the idea that you often see hedges get dropped off events, which leads to the market going higher.

Cover your shorts, wait for the news, then reshort, rinse and repeat unless you get caught with your pants on the ground like what happened on January 28th this year. It may have to take a surprise like that (maybe this month's rebalance would do it, as the rebalance in December 2018 and March 2020 helped with big bounces) to throw things off, and then it could just be for a couple of weeks.
 
SPY option flow...where did all the OTM call buyers go? Q's looks the same.

Screen Shot 2022-03-15 at 10.55.53 AM.png
 
Added a few FB shares to my long term account...very oversold on the weekly and it's a cash machine and it's valuation is very cheap. Stop of $185.

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2d84ee5bb3caf192c4e27682d4d9145d.jpg



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