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"...SoftBank, the “Nasdaq Whale,” had been harpooned. ..:


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#111 dTraderB

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Posted 11 September 2020 - 06:46 AM

Another week of NET NG LONG HEDGE LOSSES ... is fantastic!   

Because, it translates into the substantial holdings that were hedged were profitable! 

Two great weeks, let's keep it going next week! 

 

On HIGH ALERT to reverse hard when the rally resumes, and it can do so ANYTIME! 

 

The BANKING SECTOR has lagged badly, I expect it to outperform soon, Will add more XLF and BAC on lower prices. Maybe regional bank index also but prefer XLF and BAC for now. 



#112 dTraderB

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Posted 11 September 2020 - 07:35 AM

ADAM:
Its been a consolidation week for $SPX with most time in the 3340-3440 zone as it sets up a big move.The pattern is an inverse H&S

Today: Bulls need direct upside back to 3430 which sets up a breakout. Yesterdays low must hold, or we test 3300, the "last chance" zone before 3240

#113 12SPX

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Posted 11 September 2020 - 08:12 AM

Yay our team tennis is in the playoffs!  Loaded a 40 foot container right to the back door to ship to Wales then won at tennis with lots of celebration after so little late starting.  Think I'll wait till after the open to get my bearings here, wish I had kept my short on yesterday but oh well, looking more like a long here so far.



#114 12SPX

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Posted 11 September 2020 - 08:30 AM

Trying a long at 3357 see how this goes! 



#115 12SPX

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Posted 11 September 2020 - 08:31 AM

Whoops forgot profit stop 3358



#116 12SPX

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Posted 11 September 2020 - 08:36 AM

And out for 1 point, try again for a long at 3350



#117 dTraderB

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Posted 11 September 2020 - 08:37 AM

300 VOO 307.74

 

will buy more lower



#118 12SPX

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Posted 11 September 2020 - 08:52 AM

Profit stop 3352, might as well make a couple points at least! 



#119 12SPX

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Posted 11 September 2020 - 08:59 AM

Knew I shoulda made it 3355, oh well out for a 2 point profit.  hmmmmm



#120 12SPX

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Posted 11 September 2020 - 09:01 AM

Trying a long here again here at 3340!