Out for 1 point profit back in starting a short build at 3876. Think I'll give it a bit more room as were meandering here now!! Call prices way to high now....
FED Tilts, BULLS exhale, ST BOTTOM in place - how high?
#351
Posted 28 October 2022 - 10:42 AM
#352
Posted 28 October 2022 - 11:09 AM
Maybe try a profit stop of 3873 this time and it'll stick lol!! As I typed that out for a 2 point profit, resell at 3877 lol! Market is so resilient but I have a feeling volatility is going to come back in at least a bit!!!
#353
Posted 28 October 2022 - 11:14 AM
The inflation is staying high and the stock market valuations also staying above average, that leaves the Fed with no other options but to stay hawkish. So I'd not be surprised to see the Fed gives market bulls a hard punch right in the face next week ..................
Edited by redfoliage2, 28 October 2022 - 11:15 AM.
#354
Posted 28 October 2022 - 11:21 AM
And look at that, average price now an even 3880, should'a stayed long lol!!
#355
Posted 28 October 2022 - 11:26 AM
The inflation is staying high and the stock market valuations also staying above average, that leaves the Fed with no other options but to stay hawkish. So I'd not be surprised to see the Fed gives market bulls a hard punch right in the face next week ..................
This is told by the 10-y bond yield and USD that are turning up from the recent consolidation after this morning's inflation data .......................
Edited by redfoliage2, 28 October 2022 - 11:27 AM.
#356
Posted 28 October 2022 - 11:36 AM
And as expected, here comes rusty playin' catch up after finally getting through 1820...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#357
Posted 28 October 2022 - 11:40 AM
Dow may be gettin' a wee bit extended here very short term...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#358
Posted 28 October 2022 - 11:51 AM
START AT 14934.5
At Multi year lows
Will be aggressive on this trade
Risk off
Big position
#359
Posted 28 October 2022 - 11:53 AM
#360
Posted 28 October 2022 - 12:44 PM
Shoulda just held long until 3900 was hit which just gave me an average short of 3887.....