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New Highs.....


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#41 pdx5

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Posted 02 July 2020 - 07:49 AM

I don't understand, with so many lockdowns in so many places, covid-19 infections soaring again,

why are job numbers increasing by 2.5 million, 3 million....who is hiring??


"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule

#42 redfoliage2

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Posted 02 July 2020 - 08:05 AM

Sooner than most think

Much sooner than I previously thought .............



#43 K Wave

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Posted 02 July 2020 - 08:24 AM

Assuming the open holds, Dow, RUT. NYA charts look like it could be just about time for.....

 


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#44 LMF

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Posted 02 July 2020 - 09:09 AM

Good TQQQ buy signal on the 5min, around 11am west coast as noted yesterday. They often come with a sharp pullback which may still happen later today.

#45 K Wave

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Posted 02 July 2020 - 09:30 AM

Now we see if bulls can hold the back test of key 26K level on Dow...


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#46 pdx5

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Posted 02 July 2020 - 09:37 AM

Assuming the open holds, Dow, RUT. NYA charts look like it could be just about time for.....

 

 

Perfect picture...but I have terrible fear of heights. I need to bail out soon.


"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule

#47 K Wave

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Posted 02 July 2020 - 09:39 AM

NYA...looking like night is getting late and last chance for romance for bears on that last pivot.

 

Above today's high, they are most likely going home alone....

 

nya.png


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#48 K Wave

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Posted 02 July 2020 - 09:42 AM

Pretty clear where stop is on NYA on a more granular level..

 

nya.png


Edited by K Wave, 02 July 2020 - 09:42 AM.

The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#49 12SPX

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Posted 02 July 2020 - 09:47 AM

Like the pop so my average short on the ES for today was 3140 but I was taken out on my profit stop at 3138 for two points profit, we'll see about later today.  I have decided is to take profits on my sold July 2850 puts, for $37.50  and 2750 puts, $22.00  are now down to $6.00 and $3.70 for profits of $31.50 and $18.30.  Maybe look for resells next week, calls are way down too even though were up here still with the 3350 calls now at $3.00 sold for $7.00 and the 3450's $.80 down from $5.75!!  We'll see



#50 K Wave

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Posted 02 July 2020 - 10:07 AM

NYA...just about decision time...and it could be a big one....

 

nya.png


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy