195 replies to this topic

[pdx5]

The month of May ended positive, and today it just confirms that bulls are still in control.  Expect the rally to go on  ............................

I am already seeing noticeably less cars at gas stations here.

As soon as Memorial day weekend was over, gas prices were lowered 4 cents this morning.

With inflation in everything people purchase, I expect gasoline demand will drop as summer cones to the end.

[dTraderB]

Trimming continued on last day of May: Closed all QQQ & SPY CALLS. Still Holding 1 ES & 1 NQ HEDGE SHORT, remainder of STOCK positions from May, some STOCK CALLS, TLT CALLS, UVXY CALLS. 

 

Ranjan

 

@ranjanxroy

·

29m

 

The Grim Reaper is coming "Fidelity funds cut Reddit to $39.65 a share from $61.79, where they had been valued for the previous nine months."

Beijing-based ByteDance was reduced to $128.07, a 13% decline from the preceding month.

 

 

Ranjan

 

@ranjanxroy

·

29m

 

The Grim Reaper is coming "Fidelity funds cut Reddit to $39.65 a share from $61.79, where they had been valued for the previous nine months."

--------

 

EXCLUSIVE Credit Suisse weighs options to strengthen capital - sources

https://www.reuters....ces-2022-05-30/

[dTraderB]

ZURICH, May 31 (Reuters) - Credit Suisse (CSGN.S) is in the early stages of weighing options to bolster its capital after a string of losses has eroded its financial buffers, two people with knowledge of the matter told Reuters.

The size of the increase would be likely to exceed 1 billion Swiss francs ($1.04 billion), but this has not yet been determined, said one of the people, who declined to be named because the deliberations are still internal.

 

Trimming continued on last day of May: Closed all QQQ & SPY CALLS. Still Holding 1 ES & 1 NQ HEDGE SHORT, remainder of STOCK positions from May, some STOCK CALLS, TLT CALLS, UVXY CALLS. 

 

Ranjan

 

@ranjanxroy

·

29m

 

The Grim Reaper is coming "Fidelity funds cut Reddit to $39.65 a share from $61.79, where they had been valued for the previous nine months."

Beijing-based ByteDance was reduced to $128.07, a 13% decline from the preceding month.

 

 

Ranjan

 

@ranjanxroy

·

29m

 

The Grim Reaper is coming "Fidelity funds cut Reddit to $39.65 a share from $61.79, where they had been valued for the previous nine months."

--------

 

EXCLUSIVE Credit Suisse weighs options to strengthen capital - sources

https://www.reuters....ces-2022-05-30/

[dTraderB]

Tom McClellan Retweeted

 

 

 

 

 

 

 

MarketViews.tv

 

@MarketviewsT

·

11h

 

Mr. Sherman McClellan expects the current rally to carry a bit higher, but overall the next two years to be difficult for the equity markets. Moreover, he expects the next decline to last into October, and to to take the Dow below 30000. https://marketviews.tv/comp/mcclellan.htm

[dTraderB]

Just about breakeven level on XBI CALLS ... may close them tomorrow, total position or hold some

 

XRT off the lows but.... still looks weak, no position as yet

[dTraderB]

 

 

 

 

 

Walter Deemer

 

@WalterDeemer

·

1h

 

The shortest-term reliable breadth thrust IMO is the 5-day Whaley Breadth Thrust defined in https://docs.cmtassociation.org/pdfs/dowaward-2010.pdf…. Today's bad breadth hurt a lot. We now need ~2400 net advances tmw or the window will close and we won't see an important confirmation of the 3 80% upside days.

[dTraderB]

Helene Meisler

@hmeisler

·

1m

 

SPAC-out

Quote Tweet

 

 

 

 

 

 

 

Brian Cheung

@bcheungz

· 53s

SeatGeek's SPAC deal falls through due to "unfavorable market conditions." https://globenewswire.com/en/news-release/2022/06/01/2454285/0/en/RedBall-Acquisition-Corp-and-SeatGeek-Inc-Mutually-Agree-to-Terminate-Business-Combination-Agreement-due-to-Unfavorable-Market-Conditions.html…

Show this thread

 

Helene Meisler

@hmeisler

·

1m

 

Replying to

@hmeisler

SPAC-out.

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Sara Fischer

@sarafischer

· 3m

‘@Forbes officially pulled the plug on plans to go public via a SPAC this morning, with an official announcement. - Comes one day after @axios reported that the deal was dead: https://axios.com/2022/06/01/forbes-plans-go-public-spac

[dTraderB]

Adam Mancini

 

@AdamMancini4

 

After biggest green week since Nov 2020, #ES_F cooling off. My core support was 4100 & so far held. ES now basing for big move Plan today: 4165-4095= Chop zone.

4125, 4095 are supports & as long as above them, 4195, 4255-65 target remains in play.

4095 fails, sell to 4035, 3985

Quote Tweet

 

 

 

 

 

 

 

Adam Mancini

 

@AdamMancini4

· 18h

Unlike other squeezes we've had, the dip afterwards was bought today holding todays 4095-4105 support for a great rally. 4160-65 remains resistance and #ES_F basing here now Basing could continue, but as long as 4130 keeps holding, 4255-65 target in play. 4195, 4220 en route

Adam Mancini

 

@AdamMancini4

 

After biggest green week since Nov 2020, #ES_F cooling off. My core support was 4100 & so far held. ES now basing for big move Plan today: 4165-4095= Chop zone. 4125, 4095 are supports & as long as above them, 4195, 4255-65 target remains in play. 4095 fails, sell to 4035, 3985

Quote Tweet

 

 

 

 

 

 

 

Adam Mancini

 

@AdamMancini4

· 18h

Unlike other squeezes we've had, the dip afterwards was bought today holding todays 4095-4105 support for a great rally. 4160-65 remains resistance and #ES_F basing here now Basing could continue, but as long as 4130 keeps holding, 4255-65 target in play. 4195, 4220 en route

Adam Mancini

 

@AdamMancini4

 

After biggest green week since Nov 2020, #ES_F cooling off. My core support was 4100 & so far held. ES now basing for big move Plan today: 4165-4095= Chop zone. 4125, 4095 are supports & as long as above them, 4195, 4255-65 target remains in play. 4095 fails, sell to 4035, 3985

Quote Tweet

 

 

 

 

 

 

 

Adam Mancini

 

@AdamMancini4

· 18h

Unlike other squeezes we've had, the dip afterwards was bought today holding todays 4095-4105 support for a great rally. 4160-65 remains resistance and #ES_F basing here now Basing could continue, but as long as 4130 keeps holding, 4255-65 target in play. 4195, 4220 en route

[redfoliage2]

First day of the month, going up ...............

[redfoliage2]

SPX above 4200 by the end of the week if bulls are still in control as it confirmed yesterday ...............

Edited by redfoliage2, 01 June 2022 - 09:14 AM.