My bearish post for the weekend, let's see what happens. Short and hedged for the G20 news.
Posted 30 November 2018 - 07:54 PM
My bearish post for the weekend, let's see what happens. Short and hedged for the G20 news.
Posted 01 December 2018 - 06:37 AM
Why does a chart revert to default overnight ?
Posted 01 December 2018 - 06:03 PM
Note the volume divergence between SPX and SPY. Now that I've over-posted the bear case the market will go higher.
Edited by CLK, 01 December 2018 - 06:03 PM.
Posted 02 December 2018 - 06:44 AM
What about 3-3:30 pm 401k retail money buying the stocks but smart money not buying the SPY ?
Edited by CLK, 02 December 2018 - 06:44 AM.
Posted 03 December 2018 - 10:58 AM
I'm currently long for a variety of reasons, but the main reasons are.
1) Christmas Rally
2) Too many bears
3) Earnings continue to improve and are expected to improve
Please note, I'm staying away from SPY, QQQ for my medium term investing, but the probability is that we will continue to move higher over the next 2-3 weeks, but I am taking one day at a time.
Posted 03 December 2018 - 08:18 PM
I'm currently long for a variety of reasons, but the main reasons are.
1) Christmas Rally
2) Too many bears
3) Earnings continue to improve and are expected to improve
Please note, I'm staying away from SPY, QQQ for my medium term investing, but the probability is that we will continue to move higher over the next 2-3 weeks, but I am taking one day at a time.
I'll be going long stocks and TNA in the next few days. Not sure how much active trading I will be doing. If the market drops by 50% then I will buy more for the long term. If I get a good volume signal or big eod divergence I might take the trade, but intra-day stuff is a waste of time mostly to me. If I wanted to log 150 futures trades a day it might be worth my time but I'll pass on the stress.
Edited by CLK, 03 December 2018 - 08:20 PM.