11 replies to this topic

[tommyt]

Most bigger uptrends/moving averages still in bull mode. Futures down nicely tonight. With that in mind, I am selling out of 2/3 of my long VIX related products if VIX approaches 20 in the morning.

Edited by tommyt, 23 February 2020 - 07:12 PM.

[Rogerdodger]

Dow set to drop more than 400 points at the open as coronavirus cases outside China surge

https://www.investin...spx-500-futures

 

  S&P 500 Futures 3,292.12 -47.13 -1.41%      

Nasdaq Futures 9,278.50 -179.50 -1.90%

 

Crude Oil WTI 52.06 -1.32 -2.47%

 

Coronavirus sickens thousands of health workers in China, World Health Organization reports

Lab monkeys infected with coronavirus in desperate bid to find vaccine...

 

Italy rushes to contain outbreak...

STOCKS SET FOR SPIRAL...

Fear Grips SKorea Amid Mounting Cases...

Australia braces...

Judge blocks quarantine in CA city...

Pair trapped in 'prison' hospital want Trump to rescue them...

Moscow targets Chinese with raids...

Tokyo Olympics Could Be Moved or Canceled...

Iran says 'enemies' used virus to sabotage as death toll rises...

Edited by Rogerdodger, 23 February 2020 - 10:52 PM.

[Russ]

SP500 should go down into April. 

[salam]

Vix futures suggesting an open around 23

nice payday for both of us

SP May test 3220-35 area before any bounce.

short the rallies.

open below 50dma which should provide any initial resistance 

[MikeyG]

Blame it on Coronavirus, I say its Socialisms stronger than expected performance.

[typicalbear]

Blame it on Coronavirus, I say its Socialisms stronger than expected performance.

....or could it be slower growth, an expanding trade deficit, a 23 trillion dollar deficit with greater than (and expanding) trillion dollar budget deficit?

[tommyt]

I blame it on nothing but the market ready to go down. Internals were signaling it over a week ago. Funny how every real decline needs a "blame ", rallies get cheering. We're cool, it's how it is. Back to the Feb breakout on most indices now, take some profits if short.

[tommyt]

Fat fingers

Edited by tommyt, 24 February 2020 - 08:26 AM.

[CLK]

I blame it on nothing but the market ready to go down. Internals were signaling it over a week ago. Funny how every real decline needs a "blame ", rallies get cheering. We're cool, it's how it is. Back to the Feb breakout on most indices now, take some profits if short.

 

 

I guess you are talking about NYSI?  NYAD was at a new high Thursday. This is a once in a lifetime pandemic overreaction black swan.

[MikeyG]

IMO, if we elect a Socialist president that says Cuba has some good policies, the Dow could break 2008 lows and people will be eating from trash cans like they do in Venezuela.

But, hopefully some states will secede and preserve freedom.

Edited by MikeyG, 24 February 2020 - 09:39 AM.