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Super Critical WEEK! DOWN then UP - AUGUST rally


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#51 dTraderB

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Posted 27 July 2022 - 09:53 AM

Well, this could continue to go nowhere fast for until FED announcement .... like watching paint dry

 

I prefer the pool... alerts set, occasional glances to Bloomberg TV screen


Edited by dTraderB, 27 July 2022 - 09:53 AM.


#52 12SPX

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Posted 27 July 2022 - 09:55 AM

I like Fox business especially Varney and Charles Payne!! 



#53 K Wave

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Posted 27 July 2022 - 12:11 PM

3/5 of the way trough MegaCap numbers, and market still holding up..

 

Get through Fed, and AMZN AAPL tomorrow without any serious damage, and the 900 day turns are going to look a bit more cemented in...

 

Then the 200 day becomes the target, and then we see about the fall......

 

qqq.png


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#54 K Wave

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Posted 27 July 2022 - 12:15 PM

Fedex still looking potentially positive here...a push out over 230 sometime in next few days could get something bigger underway.

 

fdx.png


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#55 K Wave

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Posted 27 July 2022 - 12:22 PM

RUT still one to watch here...has to clear 1840ish before it gets some breathing room

 

A quick hit down to 1770 or so is allowable, but if it does not come back up quickly over 1800, and then take out 1840, could be a sign of rally abortion...

 

rut.png


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#56 dTraderB

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Posted 27 July 2022 - 01:05 PM

will close all LONGS except hold ALL TLT CALLS 

 

Will buy UVXY PUTS



#57 dTraderB

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Posted 27 July 2022 - 01:45 PM

Done!  

 

more than 100 ES points rally in less than 2 days ... 

 

that's great! 

 

Holding 44 TLT CALLS 

Will buy UVXY CALLS 

 

 

will close all LONGS except hold ALL TLT CALLS 

 

Will buy UVXY PUTS



#58 K Wave

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Posted 27 July 2022 - 02:34 PM

 

Done!  

 

more than 100 ES points rally in less than 2 days ... 

 

that's great! 

 

Holding 44 TLT CALLS 

Will buy UVXY CALLS 

 

 

will close all LONGS except hold ALL TLT CALLS 

 

Will buy UVXY PUTS

 

 

Decent chance this holds until the Mega Cap reports tomorrow after close, and the we see down wave for a bit...

 

160ish on AAPL before they pull the rug???


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#59 redfoliage2

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Posted 27 July 2022 - 03:01 PM

The most important point from Powell's press conference today -  no guidance on future rate hiking.  The Fed could go more aggressive in rate hiking or not as aggressive as it has been, all depend on data ..........................


Edited by redfoliage2, 27 July 2022 - 03:07 PM.


#60 K Wave

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Posted 27 July 2022 - 04:31 PM

The most important point from Powell's press conference today -  no guidance on future rate hiking.  The Fed could go more aggressive in rate hiking or not as aggressive as it has been, all depend on data ..........................

Fed should be done by September meeting, unless we see huge ramp in 2 year rates in the interim.


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy