202 replies to this topic

[dTraderB]

Since 6pm Sunday, with only 6 hours sleep, I traded OIL, HSI & NQ
OIL MARKETS went up, then down, now up
Mainly HSI rallies as CHINA tries to recover with zillions poured into their economy
Not fighting the Saudis & China because ultimately they win.
Good trading movements

[K Wave]

Interesting responses:

Tom McClellan (@McClellanOsc) tweeted at 0:40 PM on Sat, Jun 03, 2023:
Problem is that only occasionally are such big 1-day moves a sign of initiation (green line). Most of the time they are termination events (blue lines).
https://t.co/26nUkNVoJf
(https://twitter.com/...8892857344?s=03)
 

Good thread here:

Helene Meisler (@hmeisler) tweeted at 7:46 AM on Sat, Jun 03, 2023:
Looks like it was the best day for the RUT since November.
(https://twitter.com/...1410807812?s=03)

 

Yes...will be interesting to see If Fonzi (Apple) jumping the shark (VR Headsets, sales of which have declined 50% in 2023) marks a termination......

[dTraderB]

Flat WTI crude. Not opening new longs above 73.5 until at least Wednesday. Will reopen LONGS below 72.75
Will also open a 2nd NQ HEDGE LONG below 14500, depending on market behavior at that level

[dTraderB]

Unless APPLE mentions "AI" I will short it above 188
I think they will find a way to milk the AI frenzy: if they do then Stock coukd spike up above 200

Interesting responses:

Tom McClellan (@McClellanOsc) tweeted at 0:40 PM on Sat, Jun 03, 2023:
Problem is that only occasionally are such big 1-day moves a sign of initiation (green line). Most of the time they are termination events (blue lines).
https://t.co/26nUkNVoJf
(https://twitter.com/...8892857344?s=03)
 

Good thread here:

Helene Meisler (@hmeisler) tweeted at 7:46 AM on Sat, Jun 03, 2023:
Looks like it was the best day for the RUT since November.
(https://twitter.com/...1410807812?s=03)

 

Yes...will be interesting to see If Fonzi (Apple) jumping the shark (VR Headsets, sales of which have declined 50% in 2023) marks a termination......

[dTraderB]

High-risk trade in RISK PORTFOLIO

Cannot resist any more: wilm SHORT NIKKEI

HUGE RALLY, new record high after decades, now extended at top if RSI STOCH etc...

At 32400 now
Will crunch the numbers & trade it
Maybe a small spread to start

[K Wave]

Interesting responses:

Tom McClellan (@McClellanOsc) tweeted at 0:40 PM on Sat, Jun 03, 2023:
Problem is that only occasionally are such big 1-day moves a sign of initiation (green line). Most of the time they are termination events (blue lines).
https://t.co/26nUkNVoJf
(https://twitter.com/...8892857344?s=03)
 

Good thread here:

Helene Meisler (@hmeisler) tweeted at 7:46 AM on Sat, Jun 03, 2023:
Looks like it was the best day for the RUT since November.
(https://twitter.com/...1410807812?s=03)

 

One of those potential termination long candle events I am watching for here is DAX weekly.

 

But if the top of that candle gets taken out, DAX could have quite a bit further to run....we find out soon which way wind is blowin'

 

[linrom1]

Buying Nippon is like buying MERVAL, all gains could be wiped out by FX losses.

[K Wave]

Buying Nippon is like buying MERVAL, all gains could be wiped out by FX losses.

 

Even factoring in inflation...starting to look like it might be close to terminal

 

[linrom1]

I am shorting XLI becasue its relatively more stable, but when the recession hits like a freight train and rates sky high, it should crumble.

[linrom1]

One of the most stupid stocks to own! Not only it's real estate but the travel/leisure segment is one that'll get killed when the economy slows down.

Edited by linrom1, 05 June 2023 - 08:55 AM.