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SQUEEZE on SHORTS - seasonally bearish MAY


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#221 linrom1

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Posted 05 May 2023 - 08:51 AM

Western Alliance Bank up 33%?



#222 dTraderB

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Posted 05 May 2023 - 08:51 AM

FLAT
I DO NOT LIKE THIS CURRENT MARKET BEHAVIOR!

#223 linrom1

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Posted 05 May 2023 - 08:52 AM

Hovde Group calls 'near bottom' in bank stocks after potential 'market manipulation' in sector.

#224 12SPX

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Posted 05 May 2023 - 08:56 AM

Western Alliance Bank up 33%?

Not surprising, all week has been sell sell sell.  This isn't the way to do it though so we'll see how it turns out in the end but I think there is more buying going on for a relief than real buying....



#225 K Wave

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Posted 05 May 2023 - 08:59 AM

Dow 33600 back test...could be moment of truth if bulls cannot reclaim....or if they do reclaim....

 


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

 

 


#226 K Wave

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Posted 05 May 2023 - 09:01 AM

Rusty outperforming today....a foothold back above 1760 could be first hint bulls want ball 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

 

 


#227 12SPX

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Posted 05 May 2023 - 09:02 AM

There we go, starting a short build at 4130, gonna keep it wide though...



#228 K Wave

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Posted 05 May 2023 - 09:03 AM

62 still looking like BIG level on XRT....

 


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

 

 


#229 redfoliage2

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Posted 05 May 2023 - 09:34 AM

I see a ST low was in today ............................

As I warned yesterday .......................



#230 12SPX

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Posted 05 May 2023 - 09:41 AM

Okay couldn't resist, average short 4135 let that sit now...