Jump to content



Photo

"The only theme this week is the CPI and the FOMC" Leaning BULLISH


  • Please log in to reply
125 replies to this topic

#41 redfoliage2

redfoliage2

    Member

  • Traders-Talk User
  • 18,080 posts

Posted 13 December 2022 - 08:41 AM

Obviously CPI data were leaked out yesterday.  Traders bought on the rumor and SPX went up more than 50 points yesterday .................... 


Edited by redfoliage2, 13 December 2022 - 08:44 AM.


#42 jacek

jacek

    Member

  • Traders-Talk User
  • 235 posts

Posted 13 December 2022 - 08:44 AM

Obviously CPI data were leaked out yesterday so SPX went up more than 50 points yesterday .................... 

This is called FOMO



#43 K Wave

K Wave

    Member

  • Traders-Talk User
  • 27,269 posts

Posted 13 December 2022 - 09:06 AM

After holding right where they needed to yesterday...if this sticks...could be significant turning point...

 

Sure looks at this point like Rusty and Naz may finally want to join in on the rally.

 

As long as Apple holds the breakout over 145, this could have some legs. (Back below 145 now would be major sign of failure)

 

Massive pivot at Rusty 1800 level now, and if it can take out 1900, may finally have some runnin' room upside.


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

 

 


#44 K Wave

K Wave

    Member

  • Traders-Talk User
  • 27,269 posts

Posted 13 December 2022 - 09:13 AM

Rusty has to clear and hold 1900 to confirm...but sure starting to look like failed breakdown attempt if this holds up here today.

 

The massive wedgies always get resolved eventually...

 

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

 

 


#45 K Wave

K Wave

    Member

  • Traders-Talk User
  • 27,269 posts

Posted 13 December 2022 - 09:21 AM

Hourly Rusty looking like big reclaim at this point.

 

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

 

 


#46 dTraderB

dTraderB

    Member

  • Traders-Talk User
  • 17,794 posts

Posted 13 December 2022 - 09:53 AM

TLT up 5%
Closing some TLT CALLS

WILL HOLD at least 35

#47 dTraderB

dTraderB

    Member

  • Traders-Talk User
  • 17,794 posts

Posted 13 December 2022 - 09:54 AM

Added 5 UVXY CALLS
HOLDING 38
WILL BUY MORE BELOW 7

#48 dTraderB

dTraderB

    Member

  • Traders-Talk User
  • 17,794 posts

Posted 13 December 2022 - 09:55 AM

Will close a few CALLS
am tempted to HEDGE but prefer to take profits and wind down trading for 2022.

#49 K Wave

K Wave

    Member

  • Traders-Talk User
  • 27,269 posts

Posted 13 December 2022 - 10:00 AM

For XRT, bull need to hold back test of 66, and start climbing...

 

Failure to do so, could be sign all not well with pop...


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

 

 


#50 K Wave

K Wave

    Member

  • Traders-Talk User
  • 27,269 posts

Posted 13 December 2022 - 10:04 AM

TSLA still not well...


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