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FED tilts, WSJ - MARKET again near STRONG RESISTANCE: HUGE RALLY if resistance taken ou


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#271 K Wave

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Posted 26 January 2023 - 06:50 PM

SOX another one to watch here...2900 HUGE

SOXS trading at equivalent of 2900 after hours....tomorrow could be interesting


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

 

 


#272 K Wave

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Posted 26 January 2023 - 06:57 PM

Y'all see where they Jammed REIT to at the close??

 

Finally got to the beggin' to be hit target

 

Now we see about that rug pull....

 

 

 

 

 

 

 


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

 

 


#273 dTraderB

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Posted 27 January 2023 - 07:24 AM

Persistent Bullishness 

 

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#274 dTraderB

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Posted 27 January 2023 - 07:31 AM

This has been a tough January with a good 6.19% net account gain, less than 2022, but good enough to start 2023. 

Riding it out during the rest of the month, slightly short -  mainly in RISK PORTFOLIO. Added NAT GAS LONGs, small position to start with 3 TESLA PUTS, and UVXY CALLS. 

 

Market looks ready to break out to at least ES 4250

 

But, the geopolitical situation - especially Ukraine, China-Taiwan - seems to be hanging heavy over the  market.

 

Partially hedged, will adjust, or CLOSE ALL POSITIONS today or Monday, and daytrade NQ until Tuesday.



#275 dTraderB

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Posted 27 January 2023 - 07:34 AM

Too many are too bearish... ... is it they want to the markets to crash so they can get lower entry prices?

 

"we think the next big theme for markets will be a sharp loss of growth momentum, as the full impact of the aggressive monetary tightening over the past year makes itself felt. Our macro projections are consistent with 20% downside for the Stoxx 600" BofA's Sebastian Raedler


#276 K Wave

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Posted 27 January 2023 - 07:42 AM

Today could be D Day for Naz Bears.

 

And could come down to Apple 143...

 

Bears need to reclaim it and then take out 142 to have a decent shot at a turn.

 

Not shorting until I see some evidence of bears intent to actually fight here.

 

If they do get the turn, then they need to take it hard down out of the gate...they have to recapture 11600 area quickly.

Traipsing  along sideways would favor bulls.


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

 

 


#277 K Wave

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Posted 27 January 2023 - 07:46 AM

Apple...a foothold under 1 min line could be first indication of bears fighting back...

 


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

 

 


#278 K Wave

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Posted 27 January 2023 - 07:49 AM

Naz daily...hard down here keeps the nears in the hunt for potentially bigger victories in 2023

 

I have now seen everything I wanted see leading to this decision point...now we see

 


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

 

 


#279 K Wave

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Posted 27 January 2023 - 07:52 AM

Dow 1 min still riding the line...flinch here soon could be first sign of bear life...

 


Edited by K Wave, 27 January 2023 - 07:53 AM.

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

 

 


#280 K Wave

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Posted 27 January 2023 - 08:21 AM

That last little pivot on Dow could be important now...

 


Edited by K Wave, 27 January 2023 - 08:21 AM.

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