77 replies to this topic

[robo]

"getting closer to the next fib level" 

 

 I'm talking about the IWM data.....

 

https://stockcharts....709&a=736087073

Edited by robo, 29 April 2020 - 02:03 PM.

[robo]

Some stocks get all the love......

 

 

 

 

 

SentimenTrader

 

@sentimentrader

·

8h

 

Internet stocks are *extremely* popular: A 20 day average of our Optimism Index for the Dow Jones Internet Index (40 biggest internet stocks) is at the HIGHEST level in a decade Coupled with the fact that the internet index has made a flat top since Jan 2018...

 

https://twitter.com/SentimenTrader

 

Who needs a job?   Just trade stocks from the long side....

 

thomas

 

 

DOUBLE DIGIT UNEMPLOYMENT ... BUY BUY BUY

 

 

 

 

 

Sven Henrich

 

@NorthmanTrader

·

7m

 

We're witnessing full intellectual bankruptcy here. Nothing matters. Don't worry. Just spend. Whatever it takes. Consequences be damned. No checks, no balances. No accountability. Powell 2019: Debt not sustainable. Powell 2020: Go wild & don't worry about it.

https://twitter.com/NorthmanTrader

 

In other news.....

 

https://twitter.com/jessefelder

 

https://twitter.com/...527676190965761

Edited by robo, 29 April 2020 - 02:27 PM.

[robo]

LOL....  buy buy buy.....  The trend remains up....  A really big move so far.....

 

 

Powell: "Now Is Not The Time To Be Concerned About Debt"

by Tyler Durden

Wed, 04/29/2020 - 15:17

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In what was perhaps the most illuminating soundbite from the Powell press conference, in response to a question about the sustainability of the US fiscal trajectory in general, and the soaring debt and deficit in particular - both of which the Fed is now directly monetizing thanks to MMT/Helicopter Money, the Fed Chairman was laconic: "this is not the time" to be concerned about debt.

 

Fair enough, in response we will be just as laconic and use the CBO's latest long-term debt to GDP forecast to ask the Chairman just when will it be the time to be concerned about the Federal debt. For the benefit of the Fed Chair we have conveniently provided several possible answers.

Powell: "Now Is Not The Time To Be Concerned About Debt"

by Tyler Durden

Wed, 04/29/2020 - 15:17

TwitterFacebookRedditEmailPrint

 

 

In what was perhaps the most illuminating soundbite from the Powell press conference, in response to a question about the sustainability of the US fiscal trajectory in general, and the soaring debt and deficit in particular - both of which the Fed is now directly monetizing thanks to MMT/Helicopter Money, the Fed Chairman was laconic: "this is not the time" to be concerned about debt.

 

LOL....  Not my problem....We will leave it to our kids to take care of......  Time for lunch....

 

Good Trading!

Edited by robo, 29 April 2020 - 02:38 PM.

[dTraderB]

long ES 2935

[dTraderB]

closed 2948

13 points profit

[dTraderB]

will open new ES long lower

 

and do it again tomorrow

 

43 SPY PUTS

Flat crude

flat ES

[robo]

Energy - MTDR has been a good one to trade...  Gap filled!  I bought some around $2.00, but sold them way to early....  Trading over $8.00 during after hours trading....

 

https://stockcharts....065&a=731402715

Edited by robo, 29 April 2020 - 04:18 PM.

[dTraderB]

bought ES one-lot 2946.75

 

hope it loses about 300 points! or more!

[dTraderB]

Daytrading ES  since 5am - long & short. 

Will soon add a JUNE CRUDE SHORT with tight stop OR will close one of my SEP LONG CRUDE

 

but for now, ES daytradig until cash session opens

 

 

 

[dTraderB]

Leaving this recent ES long @ 2907.50 in place until after the opening as I focus on CRUDE daytrading

 

2907 is about 2% from the highs so this ES long from 2907.5 will preserve at leas some of the overnight and morning gains in my SPY puts.

 

I will be back to ES daytrading later this morning