The new retail traders are VERY CONFIDENT!
Retail investor trading orgy -- this time they may be RIGHT!
#21
Posted 24 May 2020 - 04:03 PM
#22
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
Posted 25 May 2020 - 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
Posted 25 May 2020 - 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
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#25
Posted 25 May 2020 - 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
Posted 25 May 2020 - 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.
#27
Posted 26 May 2020 - 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
#28
Posted 26 May 2020 - 07:10 AM
NQ weaker than ES
more NQ short trades this morning
looking for another leg up maybe above ES 3030
#29
Posted 26 May 2020 - 08:41 AM
ES buy limit filled 3006.75... now!
did not expect this hate it but it is strategy
let me get back to mainly NQshort trading. SHOT??? heah,, crazy market, I trade and ask no questions
#30
Posted 26 May 2020 - 09:04 AM
After 12-years they finally got the retail back. Timing is everything.