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


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#61 12SPX

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Posted 19 August 2021 - 11:02 AM

This is exciting!!  Starting to build my short at 4410, will keep it wide just in case....



#62 dTraderB

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Posted 19 August 2021 - 11:02 AM

Surely, bears have not again fallen into this recurring trap? 

Great daytrade market! 

 

Will rebuild PUTS positions. 

 

Could be a 1K plus NQ daytrade day ... unless market dies during post-lunch session



#63 12SPX

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Posted 19 August 2021 - 01:29 PM

Off to tennis, profit stop 4400, will sell higher....



#64 12SPX

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Posted 19 August 2021 - 04:45 PM

Repeat of yesterday, out for a 10 point profit and back in short at 4410!! 



#65 12SPX

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Posted 20 August 2021 - 07:53 AM

Well this has been fun and as we go into expiration its turning out just as I thought it would, been a great week of profits.  Putting my stop at 4400 for the cash open as there is likley to be a bounce and will sell higher after that....



#66 12SPX

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Posted 20 August 2021 - 08:28 AM

Out for a 10 point profit, looking for that pop at the open



#67 dTraderB

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Posted 20 August 2021 - 08:40 AM

Great week, so far. 
RISK ON in this market environment, will rebuild PUT positions and VXX CALLS  on rallies. 
Look for more volatility and DOWN next week and possibly into September 



#68 12SPX

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Posted 20 August 2021 - 08:51 AM

Nice pop, starting my short build 4415...



#69 12SPX

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Posted 20 August 2021 - 08:54 AM

Always surprises me how practically every expiration the pop will hit 15 minutes into trading.  Lets see what happens for the rest of the day!! 



#70 12SPX

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Posted 20 August 2021 - 09:05 AM

Average short 4420....