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The TOP is in.....unless....


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#21 dTraderB

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Posted 07 May 2019 - 11:39 AM

Attempt to rally in progress.... lunch hour reversals I don't trust

 

 

Helene Meisler @hmeisler
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Helene Meisler Retweeted *Walter Bloomberg

Really sticking his neck out isn't he?

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*Walter Bloomberg @DeItaOne
GUNDLACH SEES OVER 50% CHANCE TARIFFS INCREASE:CNBC
9:31 AM - 7 May 2019


#22 dTraderB

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Posted 07 May 2019 - 12:41 PM

Surprisingly weak market after a mere 3% decline from the top. 



#23 dTraderB

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Posted 07 May 2019 - 12:42 PM

Closed all VXX longs. 

Need to focus on NQ daytrades and QQQ puts.



#24 dTraderB

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Posted 07 May 2019 - 01:48 PM

So, it's getting to that time for a rally attempt... it could be a big one, do not underestimate the power of Wall St 



#25 dTraderB

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Posted 07 May 2019 - 03:33 PM

Spirited rally into the close and afterwards

 

Glad I closed those VXX longs! 

 

Still not convinced we have seen an IT bottom.

 

Decline can resume tomorrow or Thursday; could be a big down Friday & Monday



#26 dTraderB

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Posted 07 May 2019 - 03:37 PM

Got to consider buying BEYOND MEAT PUTS

 

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Katherine Ross Retweeted Brian Sozzi

Veganism strikes again.

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Brian SozziVerified account @BrianSozzi
Dow down 540 points on Tuesday. Beyond Meat shares +12% $BYND
12:11 PM - 7 May 2019