22 replies to this topic

[dTraderB]

DOW at record high and I am making a few $$ profit with LONG VXX. 

But the star of the show for me is NQ; great range and movement during the past week or two.

 

Strange market as more and more LONGS are hedging. See VIX hourly chart.  

More on VIX tomorrow. Could get a DAILY VIX BUY tomorrow (SPX sell)

 

Expect more extreme sentiment readings as the markets fizzle at the IT top

 

 

SentimenTrader‏Verified account @sentimentrader

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Bullish much?
Options traders on the ISE exchange bought 238 calls for every 100 puts today. That's the most since December 2005.
The last time they bought > 2 calls for every 1 put was in September. It hasn't happened too many times over the past decade.

2:01 PM - 5 Nov 2019

 

[dTraderB]

Meanwhile.... I could not help wish them the best of luck to make zillions of $$ - it was fun following this during the day

 

KEY POINTS

• Some Robinhood users have been manipulating the stock-trading app to essentially trade with free money. 
• The cheat code was being shared on social media site Reddit, with one trader claiming he took a $1,000,000 position in stock using only a $4,000 deposit. 
• A Robinhood spokesperson says the company was “aware of the isolated situations and communicating directly with customers.” 
• https://www.cnbc.com...owed-money.html

[dTraderB]

FB again?

 

Maybe another $5 billion fine, no big deal

 

Facebook says 100 software developers may have improperly accessed user data

AN HOUR AGO

[dTraderB]

Irrational exuberance? 

 

Let's take VIX down to below 11  

 

‘Euphoric’ investors trigger alarm bells over stock market rally

https://www.marketwa...5?mod=home-page

[dTraderB]

Tell 'em, Ray!

 

Founder of world’s biggest hedge fund warns of ‘big squeeze’ with investors ‘buying dreams rather than earnings’ 
https://www.marketwa...5?mod=home-page

[dTraderB]

Extreme levels but it can go even higher and stay there for a few days or more

 

extreme greed 89

 

https://money.cnn.co...fear-and-greed/

[dTraderB]

Watch this:

Would not say it is a screaming divergence but....

https://www.marketin...summation-index

[dTraderB]

• Howard Axelroark‏ @axelroark 1h1 hour ago

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  Love @kerberos007's research, but also prefer to do my own. Some charting with lessons learned from his/her style, and the results were more staggering than I expected. If this chart is correct, we are indeed lining up for another Dec. style correction. https://www.tradingview.com/x/A7GgJlxm/ 

  

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Howard Axelroark‏ @axelroark

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As you can see, the more divergence present (this is just simple Put/Call vs MACD vs SPX), the greater the descent. In all cases of high lows of 10sma we saw a STFR/BTFD opportunity, but when price is divergent from both, it's a big STFR opportunity.

3:20 PM - 5 Nov 2019

[dTraderB]

SPY volume 

[da_cheif]

what u are all witnessing is the once in a lifetime move up    the epicenter of primary wave 3.......blowing thru what most think they see.......all reactions shud be minor