Storm5
Member
Just loaded Amazon 2500 calls . Surely to god tomorrow is green heading into Wednesday fed
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Misc Stock Market
- Thread starter ForsythSnow
- Start date
Storm5
Member
Let's go !!! Man I hope turnaround Tuesday lives up to its name
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Let's hope....I am super long right now....but I have been trading/scalping like crazy today.
Storm5
Member
Full send let's rip
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Penny stock.
D
Deleted member 609
Guest
You need to tell us this before it happens, not after
VIX still above $30....I really don't think the market is going to like what the Fed has to say on Wednesday but my swing account is as long as it's been in several weeks. Holding over night....can we get a 2 day rally before Fed poops all over it...
I was looking at them when Q's pulled that bear trap....you could feel it coming...but they went from 7 cents to like 50 cents in a snap.
Storm5
Member
Was today really a rally though . Market barely finished green . That's why I'm hopefully for a massive green pump tomorrow
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Tough to imagine Q's gets through $330...there was enough bad news with earnings with Apple/GOOGL/NFLX.
If there is a stock god Q's go crazy tomorrow and tag $330 and than we can flip short.
Bought TQQQ this morning @ 36.50. Stopped me out at 35.20 then immediately pumped it. This isn’t even fun anymore
Today was cold blooded…they love to take out stops and then rip it higher.
Cold for both bears and bulls.
GeorgiaGirl
Member
If this isn’t just a replay of last week where SPX recovers from a selloff on Monday and then gets completely blasted the next day, it can retrade…wait for it…4250 in the next couple trading days pre Fed decision.
It would be based on shorts letting up and waiting for the decision to make their next move.
I can say this time that I absolutely do not expect more than about around there though (maybe 4280 at most). I think this is December 2018 and the drill returns after the meeting. We likely are in the 3800s by the end of next week.
Weekly close above 4300 on the S&P and I’m wrong though and it’s likely the same case as last time where bears had a good shot to deliver the death blow and dropped the ball. And honestly, I’d love it, some people would be pretty darn ticked off if the S&P went “THIS” close to filling the 4k gap with it failing to occur.
It would be based on shorts letting up and waiting for the decision to make their next move.
I can say this time that I absolutely do not expect more than about around there though (maybe 4280 at most). I think this is December 2018 and the drill returns after the meeting. We likely are in the 3800s by the end of next week.
Weekly close above 4300 on the S&P and I’m wrong though and it’s likely the same case as last time where bears had a good shot to deliver the death blow and dropped the ball. And honestly, I’d love it, some people would be pretty darn ticked off if the S&P went “THIS” close to filling the 4k gap with it failing to occur.
I go back and forth on what I think is going to happen....Q's hit $309 yesterday so that is almost 25% down from ATH's and would need a 30% move higher to get back to ATH's. I guess it makes sense that we haven't seen our lows for the year but I don't think we see the Q's end the year down 20-25%....maybe that's wishful thinking though.
Sold a lot in a few positions here at this level...this should provide some resistance...will be adding back on dips.
Q's look very vulnerable here....pushed above yesterday's high and promptly gave it up....a break below $316 and it gets ugly.
Looking to add back to positions if Q's gets back to the $316's...otherwise will just wait with what I have on.
Looking to add back to positions if Q's gets back to the $316's...otherwise will just wait with what I have on.
Storm5
Member
I guess it's chop city today . Praying for only .25 hike tomorrow and we have a face melting rally
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GeorgiaGirl
Member
This was interesting last night when I saw it:
Suggests that the impact of QT will be negated for now (and puts more credence to the idea of a dog and pony show going on here instead of seriousness), but you have to wonder if whether there's a purpose behind this. Like maybe the treasury is doing this because Powell is going to tell us that they're actually going to actively sell treasuries (passive is expected, active would be a big surprise) or they aren't going to back away from "maybe we're going to do 75 next month".
I actually think the Fed coming out and saying that we're doing 50 here, it will be 50 next month, and then we'll evaluate from there could trigger something like mid-March, the thing is, do they really want to do that? Maybe they come out and are tough and it causes a panic.
Suggests that the impact of QT will be negated for now (and puts more credence to the idea of a dog and pony show going on here instead of seriousness), but you have to wonder if whether there's a purpose behind this. Like maybe the treasury is doing this because Powell is going to tell us that they're actually going to actively sell treasuries (passive is expected, active would be a big surprise) or they aren't going to back away from "maybe we're going to do 75 next month".
I actually think the Fed coming out and saying that we're doing 50 here, it will be 50 next month, and then we'll evaluate from there could trigger something like mid-March, the thing is, do they really want to do that? Maybe they come out and are tough and it causes a panic.
Very liberal use of the word “dip” ?
GeorgiaGirl
Member
Basically every single attempt by NQ has been getting whacked today so far, if that quit for a bit, the S&P would have a nice follow through from that comeback yesterday.
It's too easy at this point and they think that it will remain very easy...recipe for some good ole' f'ery...but we'll have to wait and see what happens tomorrow.
It's too easy at this point and they think that it will remain very easy...recipe for some good ole' f'ery...but we'll have to wait and see what happens tomorrow.
D
Deleted member 609
Guest
Somehow I'm up 1.6% today. Only 9% more to get back to where I was early January ?????
Exited most of my long positions but still have Q’s puts. My Q’s are keeping the entire market from selling off. I should apologize to all the shorts for screwing them…?
Been a good 2 days, small short for fun.
Been a good 2 days, small short for fun.
Storm5
Member
Im so ready for a huge flush or face melting shrek candles tomorrow man today was zzzzzzzzz
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We probably rip tomorrow....NQ is getting real tight. Had a nice little bull trap with that head fake breakout. I am small short into tomorrow as it's a pure guessing game on what the market is going to do with Fed. I do have a small option play on for AMD earnings for my only long.
Storm5
Member
What time is fed announcement?
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