Jump to content



Photo

Retail investor trading orgy -- this time they may be RIGHT!


  • Please log in to reply
26 replies to this topic

#21 dTraderB

dTraderB

    Member

  • Traders-Talk User
  • 6,562 posts

Posted 24 May 2020 - 04:03 PM

The new retail traders are VERY CONFIDENT! 

Replying to
Lol bears are scratching their heads... "But the economy...." Lol, i just began trading sice i got fired in march and im already beating these bears pros


#22 dTraderB

dTraderB

    Member

  • Traders-Talk User
  • 6,562 posts

Posted 24 May 2020 - 04:05 PM

Want to see how the Sunday evening market will react to the bankruptcies (Hertz and Argentina) as well as the heat & noise from China and WH. 



#23 dTraderB

dTraderB

    Member

  • Traders-Talk User
  • 6,562 posts

Posted Yesterday, 10:01 AM

closed 2988

+ 31.75

 

will reopen lower -- tonight?

 

Posted 21 May 2020 - 11:33 AM

ES LONG hedge buy limit filled 2956.25  one lot

 



#24 OEXCHAOS

OEXCHAOS

    Mark S. Young

  • Admin
  • 20,300 posts

Posted Yesterday, 04:53 PM

 

Over the past 3 days, options traders have bought (or sold) twice as many equity calls as puts. The S&P 500 is still below its 200-day average. This kind of (potential) optimism during a downtrend hasn't happened since November 2002.
 
As the NASDAQ pushes higher towards all-time highs, sentiment towards tech stocks is EXTREMELY optimistic. The QQQ Optimism Index's 2 month average is at the *highest* level since 2012. Doesn't bode well for tech stocks here

 

FWIW, this doesn't seem to be consistent with ISEE equity options data.

 

M


Mark S Young
Wall Street Sentiment
Get a free trial here:
http://wallstreetsen...t.com/trial.htm
You can now follow me on twitter


#25 dTraderB

dTraderB

    Member

  • Traders-Talk User
  • 6,562 posts

Posted Yesterday, 07:02 PM

ES long 2981.75

outa here, thought  there might be active trading but only 3 NQ trades during last 90 minutes

 

Will be up early tomorrow 4 am start trading



#26 Darris

Darris

    Member

  • Traders-Talk User
  • 1,403 posts

Posted Yesterday, 08:06 PM

 

 

Over the past 3 days, options traders have bought (or sold) twice as many equity calls as puts. The S&P 500 is still below its 200-day average. This kind of (potential) optimism during a downtrend hasn't happened since November 2002.
 
As the NASDAQ pushes higher towards all-time highs, sentiment towards tech stocks is EXTREMELY optimistic. The QQQ Optimism Index's 2 month average is at the *highest* level since 2012. Doesn't bode well for tech stocks here

 

FWIW, this doesn't seem to be consistent with ISEE equity options data.

 

M

 

14 of the top 36 call volumes traded on Friday were companies more or less completely shut down.

RCL ******* 52,274
OXY ******* 57,278
WYNN ******* 67,302
GM ******* 74,960
QCOM ******* 40,618
MGM ******* 70,264
SBUX ******* 53,196
XOM ******* 81,466
CCL ******* 101,360
C ******* 81,394
GILD ******* 104,102
CSCO ******* 111,744
INTC ******* 85,048
WMT ******* 129,450
JPM ******* 111,512
NCLH ******* 132,220
UAL ******* 105,582
LUV ******* 154,626
TWTR ******* 150,458
WFC ******* 134,138
AAL ******* 133,510
MU ******* 99,898
F ******* 173,698
DAL ******* 166,278
this ******* 181,842
GE ******* 168,998
NFLX ******* 195,054
T ******* 139,482
MSFT ******* 261,996
BA ******* 314,034
AMZN ******* 265,574
BAC ******* 290,652
AMD ******* 347,048
NVDA ******* 500,944
AAPL ******* 535,816
FB ******* 984,240


#27 dTraderB

dTraderB

    Member

  • Traders-Talk User
  • 6,562 posts

Posted Today, 04:37 AM

ES long 2981.75

outa here, thought  there might be active trading but only 3 NQ trades during last 90 minutes

 

Will be up early tomorrow 4 am start trading

Closed 3013.25
+ 31.5
will reopen lower but focusing on NQ daytrades