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Time runing out on BULLS - DEBT CEILING hanging over market


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#141 steadyquest

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Posted 18 May 2023 - 07:30 PM

Busy trend line

 

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#142 K Wave

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Posted 18 May 2023 - 08:45 PM

Will 33600 hold through the night?? That is the big question here....

 

If not, bears could wake up in a bad spot tomorrow

 


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

 

 


#143 steadyquest

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Posted 19 May 2023 - 02:40 AM

Hard to envision this going anyway but up

 

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#144 dTraderB

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Posted 19 May 2023 - 08:02 AM

DEBT CEILING relief rally.... not participating since ES 4180, except daytrading and TLT/UVXY and a few small trades.

OPEX BULLS hammered the BEARS....

I will open new SPY & QQQ PUT positions above ES 4230, start small & build

#145 dTraderB

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Posted 19 May 2023 - 08:10 AM

McOsc now above zero

RJR Capital (@RJRCapital) tweeted at 8:49 AM on Fri, May 19, 2023:
Sure looks like the MMs want to bait in a final slog of call buyers at the open. Caution. No way will they let 100% of calls finish ITM and 0% of puts.

#146 dTraderB

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Posted 19 May 2023 - 08:11 AM

Jerome speaking today!

Adam Mancini (@AdamMancini4) tweeted at 8:31 AM on Fri, May 19, 2023:
Important note: Today is OPEX Friday and these days are notorious for being tricky. Powell also speaking at 11am. I will just be holding my long from Wed/Thurs and tightening stops up

#147 dTraderB

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Posted 19 May 2023 - 08:12 AM

TESLA 177
WILL start new PUT POSITION ABOVE 180

#148 dTraderB

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Posted 19 May 2023 - 08:15 AM

Tempted but not shorting nvda, as yet

Maybe a bear spread....


TESLA 177
WILL start new PUT POSITION ABOVE 180



#149 dTraderB

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Posted 19 May 2023 - 08:18 AM

Doug already holding big short position... I will start today

Dougie Kass (@DougKass) tweeted at 0:00 PM on Thu, May 18, 2023:
With S and P cash +23 handles, I am at my highest net short exposure of the year. $SPY @dougkass @realmoney @seabreezelp

DEBT CEILING relief rally.... not participating since ES 4180, except daytrading and TLT/UVXY and a few small trades.

OPEX BULLS hammered the BEARS....

I will open new SPY & QQQ PUT positions above ES 4230, start small & build



#150 dTraderB

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Posted 19 May 2023 - 08:22 AM

Ha ha.... SPX 5000
my vote is 1 to 12 months
Definitely not 1 or 2 or 3 or 4 months from now but in Q4 & Q1 2024 this can be achievef.


J.C. Parets (@allstarcharts) tweeted at 2:35 PM on Wed, May 17, 2023:

How long before the S&P500 hits 5000?


(https://twitter.com/...3047451650?s=03)