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Lift off....new SPX Highs then down ....


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#21 dTraderB

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Posted 12 September 2019 - 09:58 AM

And whalla lol!!  Fake news no deal!

 

 

markets totally confused with fake and phone trade news...

 

who is putting out these fake news releases and are they profiting from them???

 

Looks so, ???



#22 dTraderB

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Posted 12 September 2019 - 09:59 AM

getting on the sidelines to watch this market for a few minutes or more while the fake news is digested



#23 dTraderB

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Posted 12 September 2019 - 10:00 AM

You wouldn’t know it from looking at stock market indices, but this week has seen some MASSIVE moves beneath the surface - a “momentum crash” that is eerily reminiscent of the August 2007 quant quake. Here’s my FT take https://on.ft.com/2AaNqGI  but it deserves a full thread. 1/n

EERUGblWkAAymBv.jpg
7:25 AM - 12 Sep 2019


#24 dTraderB

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Posted 12 September 2019 - 10:05 AM

Someone - who knows before the rest of us - is surely making zillions  from this fake news blizzard

 

Helene Meisler @hmeisler
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Helene Meisler Retweeted Streetinsider.com

so Tariff Man is still around...

Helene Meisler added,

Streetinsider.com @Street_Insider
Senior administration official tells CNBC that the White House is "absolutely not" considering an interim China deal
7:52 AM - 12 Sep 2019


#25 dTraderB

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Posted 12 September 2019 - 10:16 AM

Closed all QQQ calls, now flat QQQ

 

Closed remaining XLF long, now flat XLF

 

Still holding TLT short



#26 dTraderB

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Posted 12 September 2019 - 10:16 AM

Closed all QQQ calls, now flat QQQ

 

Closed remaining XLF long, now flat XLF

 

Still holding TLT short



#27 diogenes227

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Posted 12 September 2019 - 11:00 AM

 

You wouldn’t know it from looking at stock market indices, but this week has seen some MASSIVE moves beneath the surface - a “momentum crash” that is eerily reminiscent of the August 2007 quant quake. Here’s my FT take https://on.ft.com/2AaNqGI  but it deserves a full thread. 1/n

EERUGblWkAAymBv.jpg
7:25 AM - 12 Sep 2019

 

 

That link has a very interesting article.  I particularly liked this paragraph because...well, because those are the quants. My son tells me "you can't beat the quants" and I have to reply "which computer is getting its asss handed to itself today?"

 

 

 

On August 6 2007, the quantitative investing industry, whose computer scientists used trading algorithms to systematically mine markets for money, suddenly and mysteriously saw their models go haywire, racking up huge losses for many “quant” powerhouses from Goldman Sachs Asset Management to Renaissance Technologies.

 

"Mysteriously" - love that word.


"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).

“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”

 

"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."


#28 dTraderB

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Posted 12 September 2019 - 11:20 AM

Still outside looking in at this crazy market

 

  1. If you can trade this market, you are a genius.

    21 replies5 retweets80 likes
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  2.  Stevie Vixx Retweeted

    Uber employs the smartest people in the world because no one else can figure out how to lose $5 billion a quarter while not paying employees and owning no assets.



#29 dTraderB

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Posted 12 September 2019 - 11:22 AM

and enjoying the tweets:
 

Stevie Vixx @vixcontango
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Stevie Vixx Retweeted Quoth the Raven

1f923.png1f923.png1f923.png

Stevie Vixx added,

Quoth the Raven @QTRResearch
OMG Trump is going to get us back to all time highs without a major Fed cut and while still in the midst of the trade war - then he’s going to resolve the trade war and get a 50bps cut before the election. Dow will be at fkng 35,000.
8:57 AM - 12 Sep 2019


#30 dTraderB

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Posted 12 September 2019 - 12:06 PM

Looks like a SHORT SQUEEZE in progress

 

But not yet at extreme pain, this can happen later or tomorrow