26 replies to this topic

[dTraderB]

Yeah, unless market crashes, expect a bullish tweet or two or more from the President, so bears be alert. 

 

I am leaning bullish but trading as the market flows. 

 

Scalp hit & run trading as I have been doing for most of last night and since 7am today

 

TRUMP: `NO NEED TO RUSH' IN TRADE TALKS WITH CHINA

 

zerohedge

‏ @zerohedge

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Algos now furiously confused not by Trump's tweets, but Trump's deleted tweets: TRUMP DELETES TWEET THAT SAID NO NEED TO RUSH CHINA TALKS

then...

Trump Deletes Tweet Saying "No Need To Rush" China Trade Talks

 

and now:

There it is *TRUMP TWEETS AGAIN THAT THERE IS NO NEED TO RUSH IN CHINA TALKS

 

 

[dTraderB]

I agree with this:

 

Douglas Kass‏Verified account @DougKass

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Remaing net short in exposure on @realmoney @jimcramer @tomkeene But the likely negative impact of the failed trade negotiations is probably almost over. China will remain a bad actor but a precipitous mkt. drop down from here - based on tariffs - is unlikely.

4:26 AM - 10 May 2019 from West Palm Beach, FL

[dTraderB]

Yeah, this is how I feel:

 

Douglas Kass‏Verified account @DougKass

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Our trading was aggressive and frenetic yesterday on @realmoney Covered at a good point on $SPY - near day's lows and reloaded at $287. I still see a market top in formation - its a process. January 2018, September 2018 and early May 2019 peaks? @hmeisler @jimcramer @tomkeene

4:20 AM - 10 May 2019 from West Palm Beach, FL

[robo]

On the Verge of a Buy Signal

The stock market has done a great job of reminding traders that low levels of volatility are ALWAYS followed by high levels of volatility, and vice versa.

We got the “higher levels of volatility” this week. And for next week, it looks like we’re set up to get a little “vice versa.”

Take a look at this updated chart of the Volatility Index (VIX)…

https://www.jeffclarktrader.com/

[dTraderB]

Market is like Pavolov's dogs: ... conditioned to wait and act on tweets from the WH

 

...and to a lesser extent, follow the algos

[redfoliage2]

Regardless the breakdown of trade talks the market will have more downside as the seasonality goes.

[CLK]

I think market will crash. Trump got upset at Powell for no rate cut, now he doesn't care about the market. 

 

Even puts are down today, vix has collapsed.

[dTraderB]

Closed 11 QQQ puts

 

Did not want to but still loaded and market is too unpredictable now

[dTraderB]

I think market will crash. Trump got upset at Powell for no rate cut, now he doesn't care about the market. 

 

Even puts are down today, vix has collapsed.

 

 

no, no crash

 

THE POWERS will not allow it. 

[dTraderB]

no crash but could see SPX 2780 by next Monday or Tuesday

 

A CRASH will happen when the market ignores bullish tweets. 

 

That's the critical factor now