15 replies to this topic

[dTraderB]

So basically it is given that market will break this resistance of 2800 to the upside, so much that I am reading everywhere about this. But it will be relatively easy short game afterwards, IMHO

 

BULLS ambushed bears in overnight raid!

 

Yeah, as I posted earlier this week, I believed there would be another test of that SPX 2810 resistance level, top of the strong resistance zone 2790 to 2810 that goes back a few months. 

 

Still think this is IT topping market movement but ... market rules, go with the flow in ST trading

[dTraderB]

Looking to buy a few more QQQ JUN puts while being biased towards NQ LONG daytrades 8-lots (4-2-2)

 

and close about 50% of my CHEVRON LT holdings

[dTraderB]

You could consider a IT  SHORT SP Futures 

 

 

OR, better I think, SPY PUTS, at least 2 expiration periods away. and in the money

 

e.g. JUNE SPY 285 puts. 

Pay up more premium now so you will not be tempted to exit your trade with a loss, too early..... 

[dTraderB]

LOL

 

Helene Meisler‏ @hmeisler

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Helene Meisler Retweeted LiveSquawk

And here's the daily trade news.

Helene Meisler added,

LiveSquawk @LiveSquawk

White House Advisor Kudlow: Trump And Xi Could Sign Deal At Mar-A-Lago - Fox Business

8:21 AM - 1 Mar 2019

 

 

 

[dTraderB]

OddStats‏ @OddStats

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OddStats Retweeted Callie Cox

That's how it's done, kids. Quality CallieFacts (for the Canadians) CoFacts (everyone else) right there.

OddStats added,

Callie Cox @callieabost

Happy Friday! $SPX has closed green every Friday and Monday (or Tues for Presidents’ Day) for the past four weeks. Stocks are up today, so we’re poised for a 5th straight Friday-Monday winning streak, which would be the first time that’s happened since June 2014.

8:29 AM - 1 Mar 2019

[dTraderB]

Looking to buy a few more QQQ JUN puts while being biased towards NQ LONG daytrades 8-lots (4-2-2)

 

and close about 50% of my CHEVRON LT holdings

 

 

Closed all CHEVRON holding

 

I like this stock, a leader in the refining sctor, but the CRACK SPREAD has been affecting refinery stocks and may not improve until near Summer.

 

Will buy this, EXXON, and Marathon later this year, at much lower entry prices