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ST: "the path of least resistance is anything but higher" .. except TESLA?


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#31 dTraderB

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Posted 15 March 2021 - 01:40 PM

Finally, NQ went from lagging ES to zooming ahead.

#32 dTraderB

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Posted 15 March 2021 - 03:12 PM

Rolled into June, +

#33 redfoliage2

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Posted 15 March 2021 - 03:42 PM

SPX surged for more than 20 points in the last 30 min just before the close.  Do you want to know why.........................


Edited by redfoliage2, 15 March 2021 - 03:45 PM.


#34 jesteronyer6

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Posted 15 March 2021 - 05:15 PM

SPX surged for more than 20 points in the last 30 min just before the close.  Do you want to know why.........................

 FED


I love my country, I fear my government.

#35 redfoliage2

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Posted 15 March 2021 - 06:35 PM

 

SPX surged for more than 20 points in the last 30 min just before the close.  Do you want to know why.........................

 FED

 

What the Fed did or said today?


Edited by redfoliage2, 15 March 2021 - 06:36 PM.


#36 dTraderB

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Posted 15 March 2021 - 06:57 PM

 

 

SPX surged for more than 20 points in the last 30 min just before the close.  Do you want to know why.........................

 FED

 

What the Fed did or said today?

 

 

Looked like a genuine FOMO rally after the overnight gains and consolidation for most of the middle hours of the session

When market recovered heading into the last hour you saw FOMO buying .... 



#37 dTraderB

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Posted 15 March 2021 - 07:00 PM

12 SPY PUTS

10 VXX CALLS

1 ES HEDGE LONG 3949.5

 

Am due for a losing week & this may be it. But, quite early in the week for that extreme pessimism.
9 SPY PUTS
10 VXX CALLS
1 ES HEDGE LONG 3936

will add more SPY PUTS & VXX CALLS above ES 3950

Positions from last week;
[quote name="dTraderB" post="841521" timestamp="1615496525"]

1 ES 3936 hedge long
7 SPY PUTS
5 VXX CALLS
 
Quieter day with most of the profits from NQ daytrades, a few $ from QQQ CALLS, losses from NQ hedge short and in 4 of my 7 SPY PUTS
 
 [quote name="dTraderB" post="841505" timestamp="1615486202"]

4 SPY PUTS
All OPTIONS MAY OR LATER



#38 12SPX

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Posted 15 March 2021 - 08:22 PM

Why are some posting every little trade they are executing?

 

This forum is called "FEARLESS FORECASTERS" last time I checked.

 

I prefer reading fearless forecasts, not every trade you made. 

 

Post your opinion of where the markets are headed...FORECASTING FEARLESSLY !!

 

Otherwise seems a waste of band width.

Hmmmm guess you shouldn't read this thread then as both me and d post our trades and my long term trades have been posted on here, 1 month out not long enough for you?  sorry I only sell option premium.  Better yet whats your fearless forecast then and believe me I'll hold it over you if it doesn't work out and I want details not just some random comment?  I have no problem stopping though maybe your right time to quit, why post about profitable trades.



#39 jacek

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Posted 16 March 2021 - 06:31 AM

Why are some posting every little trade they are executing?

 

This forum is called "FEARLESS FORECASTERS" last time I checked.

 

I prefer reading fearless forecasts, not every trade you made. 

 

Post your opinion of where the markets are headed...FORECASTING FEARLESSLY !!

 

Otherwise seems a waste of band width.

 

 

This is precisely one of the reasons why consistently good traders have been leaving this board.


Edited by jacek, 16 March 2021 - 06:38 AM.


#40 dTraderB

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Posted 16 March 2021 - 07:27 AM

If you haven't  made at least 5 ES points profit on that leg up this morning....

 

STIMULUS FUEL can take this rally past ES 4100 but this is beginning to look like a market priced for perfection, with all the good news now into the market

 

After the pullback, the next major leg up will take SPX to above 4300