Will ARKK survive this NASDAQ drop?
Posted 13 January 2022 - 05:21 PM
Will ARKK survive this NASDAQ drop?
Posted 13 January 2022 - 07:40 PM
ALERT sent back to the screens!
CHINA RATE CUT!
ST Swing LOW may now be intact in ES & NQ at today's low
Opening 1 lot NQ LONG 15497; actually 15489.5
Posted 13 January 2022 - 08:23 PM
knew I shoulda stayed short lol but as I saw coming it down just after I finished skiing it was great as I've got an average long now at 4660, see how the night session goes lol!!
Posted 13 January 2022 - 08:58 PM
Depending on what happens tomorrow, could see something like this unfolding over next few days...
IF and WHEN the yellow horizontal is blown out, will likely be very hard to keep panic from setting in....
Edited by K Wave, 13 January 2022 - 08:59 PM.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Posted 13 January 2022 - 09:06 PM
ALERT sent back to the screens!
CHINA RATE CUT!
ST Swing LOW may now be intact in ES & NQ at today's low
Opening 1 lot NQ LONG 15497; actually 15489.5
Which could have a bigger impact: https://www.newsweek...y-chain-1666863
Posted 13 January 2022 - 09:16 PM
Update MSFT to Dow 87 Comparison, after MSFT turned the corner back down right in the area it needed to in order to setup a Crash type move....
MSFT
DOW 87
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Posted 14 January 2022 - 07:48 AM
Supply-chain issues are being resolved but very slowly. In fact, INFLATION could be the more important factor in driving prices and demand down.
ALERT sent back to the screens!
CHINA RATE CUT!
ST Swing LOW may now be intact in ES & NQ at today's low
Opening 1 lot NQ LONG 15497; actually 15489.5
Which could have a bigger impact: https://www.newsweek...y-chain-1666863
Posted 14 January 2022 - 07:50 AM
adding another 100 QQQ in LT, below 374.5
will add more below 371
Will add QQQ PUTS on rallies, all in LT
Watching VXX closely, may buy PUTS
Main focus is on NQ daytrading
Another record NQ daytrading profitable day. Would not say it was as easy as "shootingFISHinabarrell" but it was a smooth rapid descent with concerted selling of any attempt to rally. While NQ dropped by ONLY about 400 points the actual drop from the high of the day was more than 500 points.
Closed another 9 QQQ PUTS - could not leave all 19 PUTS on the table after QQQ dropped almost 10 points.
Holding 10 QQQ PUTS and 500 QQQ in LT
VXX not exploding higher, still with an 18 handle so I will be buying VXX PUTS later this month or next
XLF very strong, no long entry for me at these levels,,,, will wait
I may buy some XLF PUTS but still too risky
Closing 5 QQQ PUTS to bank 1K plus profits and hold the other 19
400 QQQ
Will add more PUTS on any bounce above 383
and another below 380 if traded today
another 100 below 383.75
added another 100 just below 386
300 QQQ
24 QQQ PUTS
will add more qqq at lower levels
Relatively dull day after early spike up. Smaller profit than previous 2 days.
NQ daytrades, one QQQ trade, one QQQ PUT tradem, no SPY trade, no VXX tRADE, no CRUDE trade'
In LT:
200 QQQ
20 QQQ PUTS
Flat everything else
Posted 14 January 2022 - 07:52 AM
looking at FAZ, also the OPTION chain
possibility of LONG FAZ or BUY CALLS
not too impressed with the OPTION CHAIN, ESPECIALLY MARCH CALLS