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The Grind is on: "Fiscal policy is dangerously "stimulative."..."


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#51 dTraderB

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Posted 18 August 2021 - 07:21 PM

 
 
f6f38c5674edaa03b37eb3fcc9fde4ef_bigger.
 
$IWM - if it opens here tomorrow, would be first time below its 200 DMA since last September

Oh come on, the SPX cash closed at 4400. During Opex?

RUT red five straight. Last time it went six was Feb. 2020



#52 dTraderB

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Posted 18 August 2021 - 07:28 PM

This is quite NOT-BULLISH!  WOW!  

 

  • "....The Pentagon acknowledged that it does not currently have the capability to safely escort Americans in Kabul to the airport for evacuation. The Defense secretary’s admission comes after the U.S. Embassy in Kabul issued a dire warning to U.S. citizens there stating that it “cannot ensure safe passage” to the airport...."

https://www.cnbc.com...chief-says.html



#53 12SPX

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Posted 19 August 2021 - 07:36 AM

Well this is fun now!  My profit stop was hit yesterday for a 3 point gain but was filled back at 4445 once again and boom down we go.  Been saying for the past two weeks the market has had more chance of a pullback then going up, profit stop 4380 for the cash open a nice 65 point gain! 



#54 12SPX

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Posted 19 August 2021 - 08:20 AM

Decided to pull off my sold September 4500 calls for a nice $17 profit.  Will maybe resell them after I get my numbers for the Sept. expiration cycle!!  Still holding the 4600's! 



#55 12SPX

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Posted 19 August 2021 - 08:54 AM

Well that was great, profit stop hit for a nice 65 point gain.  Maybe I won't quit day trading just yet lol!!  Look to resell.....



#56 12SPX

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Posted 19 August 2021 - 09:14 AM

Starting my short build at 4395, gonna keep it wide as we could turn right around.....



#57 12SPX

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Posted 19 August 2021 - 09:32 AM

Had to add to take that nice even sold 4400 level!! 



#58 12SPX

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Posted 19 August 2021 - 09:35 AM

Made an error about my buyback of the 4500 Sept calls, meant to say rest of them, now fully out.  Did start to sell the Sept. 4550 calls for $10.25



#59 12SPX

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Posted 19 August 2021 - 09:41 AM

isn't this exciting, profit stop 4395, will sell above!! 



#60 12SPX

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Posted 19 August 2021 - 10:00 AM

Interesting, out for a 5 point profit, hmmmmmm