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Going Nowhere, REAL FAST!


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#11 dTraderB

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Posted 28 February 2019 - 10:05 AM

  1. This morning on @realmoney * Where I Stand (Slowly increasing my net short exposure this week) Sold $DDS $JPM, established $HD, $this and $CAT shorts, raised $SPY $QQQ sh * China PMIs Disappoint * Avoid $SQ, Here's Why @jimcramer @tomkeene @TeamCavuto @SquawkCNBC @CNBCFastMoney

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  2.  Douglas Kass Retweeted

    Lotta of suboptimal reports last night... Not sure why the futures aren't down more as it's not like there's a lot of fabulous macro/global news either. And i am an optimist!



#12 dTraderB

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Posted 28 February 2019 - 10:26 AM

Sell rallies with SPX equivalent 2812 STOP

 

an IT trade, a suggestion, not trading advice, and you are on your own to manage the trade


Edited by dTraderB, 28 February 2019 - 10:26 AM.


#13 opinionated

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Posted 28 February 2019 - 10:32 AM

CAREFUL of PPT... thats what saved it yesterday. Unless we break 2775 I would be very cautious.

#14 12SPX

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Posted 28 February 2019 - 12:24 PM

Anyone have any decent volume charts, this  movement is ridiculous!  CNBC even just put up this is the longest losing streak of the  year for the S&P500 and its only been down barely for two days.  People have short memories thats for sure lol!!!



#15 K Wave

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Posted 28 February 2019 - 12:49 PM

VIX winding up here....

 

Bears running out of time to get something going further to the downside....so they need to act soon, or they could start to lose big resistance zone battle....



#16 dTraderB

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Posted 28 February 2019 - 02:43 PM

Closed 100% of my IBB LT holding

 

It's just too tempting to lose ANY of such a great first two months gain! 

 

 

It may still zoom another 5 to 10% 


Edited by dTraderB, 28 February 2019 - 02:43 PM.


#17 dTraderB

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Posted 28 February 2019 - 02:45 PM

I may have never seen such a small 5-day QQQ range! 

 

This may be the smallest ever! 

 

I think they are squeezing the premiums this week ...keep the range tight, but I am not a conspiracy fan so maybe it si just the market behaving this way