AMZN up 100 + points, 2237! Finally, this spread turns GREEN. Will close and take at least breakeven after it was slaughtered!
TESLA up 52 to 710; the second SPREAD position is green, will close; the first SPREAD still red, will hold
A Sustainable LOW but HOW HIGH this BOUNCE? 5 to 10%
Started by
dTraderB
, May 22 2022 04:55 PM
325 replies to this topic
#292
dTraderB
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Posted 26 May 2022 - 01:17 PM
NFLX up 25 points from the LOW but only 4 of my 12 CALLS are green.... not decided what to do as yet
but, most likely close the 4 profitable CALLS
#293
dTraderB
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Posted 26 May 2022 - 01:19 PM
Not going to be bearish on AAPL again, unless really bad earnings etc. Not worth fighting the AAPL BULLS, too much effort with low probability return
4 of 10 CALLS green, will close those green but I may keep this total position for a while
NFLX up 25 points from the LOW but only 4 of my 12 CALLS are green.... not decided what to do as yet
but, most likely close the 4 profitable CALLS
#294
redfoliage2
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Posted 26 May 2022 - 01:33 PM
Likely a pullback on Friday.
Inflation data tomorrow and Bullard, the big Fed hawk is to speak 7:30 am .............
Time to take profit .......................
#295
dTraderB
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Posted 26 May 2022 - 03:16 PM
Weak close.... what happened? BULLS cut & run?
#296
K Wave
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Posted 26 May 2022 - 05:57 PM
Trannies finished at a very interesting spot on 4 hour chart after what is reasonably likely a 1 day wonder...
Possible stall out day tomorrow and then right back down?
13800 would the be the bearish upthrust indicator level...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#297
linrom1
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Posted 26 May 2022 - 07:05 PM
Trannies finished at a very interesting spot on 4 hour chart after what is reasonably likely a 1 day wonder...
Possible stall out day tomorrow and then right back down?
13800 would the be the bearish upthrust indicator level...
First test of 900 MA from underneath in VERY long time.
#298
12SPX
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Posted 27 May 2022 - 07:20 AM
Lots of volatility yesterday in the end. I ended up averaging up my short more and took a 1 point profit at 4049 after the close. Since then the market has gone back and forth but I felt like it was best to give pajama traders the night off and so I'm just starting my short for the big inflation number at 4060. Likely be another volatile day for sure and looking at the numbers were up 4% for the week, will we make +5% maybe but so far the market is looking tired and needs to consolidate the gains I think....
#299
dTraderB
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Posted 27 May 2022 - 07:48 AM
4085
12420
4TH ES & NQ HEDGE SHORTS
12420
4TH ES & NQ HEDGE SHORTS
#300
dTraderB
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Posted 27 May 2022 - 07:52 AM
Holiday weekend, most markets closed until Tuesday, geopolitical instability, want to trim longs, hedge, and end May IN A RISK OFF MODE.
ES 4100 possible today but most likely another weak close at 4pm
ES 4100 possible today but most likely another weak close at 4pm
Lots of volatility yesterday in the end. I ended up averaging up my short more and took a 1 point profit at 4049 after the close. Since then the market has gone back and forth but I felt like it was best to give pajama traders the night off and so I'm just starting my short for the big inflation number at 4060. Likely be another volatile day for sure and looking at the numbers were up 4% for the week, will we make +5% maybe but so far the market is looking tired and needs to consolidate the gains I think....
