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Surprising JUNE BULLISH SURGE should end soon


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#61 12SPX

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Posted 22 June 2023 - 12:33 PM

Out for another 5 points profit, sell a bit higher



#62 K Wave

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Posted 22 June 2023 - 12:40 PM

 

Still thinkin' floor recapture of the last little floor on UVXY might be the get outta Dodge warning...

 

That, combined with Apple starting to live under 184 might just get it done

 

Nowadays VIX has lost its luster and has become meaningless as it's being kept down by 0DTE options.

 

Why do I have this feeling that this pile on into ODTE is eventually going to lead to something perhaps similar to '87....


Edited by K Wave, 22 June 2023 - 12:40 PM.

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

 

 


#63 K Wave

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Posted 22 June 2023 - 12:43 PM

META dangerously close to pivot fail here

bulls making the save attempt...that last little pivot now likely real big going forward


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

 

 


#64 K Wave

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Posted 22 June 2023 - 12:45 PM

And VIX takes another dump

 

P/C looks to have turned, now need a signal from VIX (ODTE or not)


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

 

 


#65 K Wave

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Posted 22 June 2023 - 12:47 PM

Looks like reverse split on UVXY is 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

 

 


#66 K Wave

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Posted 22 June 2023 - 12:51 PM

Is this about where AZO finally starts to bust the Superbubble wide open???

 


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

 

 


#67 12SPX

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Posted 22 June 2023 - 12:58 PM

Starting a new short build at 4415....



#68 dTraderB

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Posted 22 June 2023 - 07:45 PM

Tiring day but a great TRADERS DAY with good swings and finally the BULLS prevailed. I still hold a small net short account position but I want to add more SHORTS since my FF is more pullbacks before another leg up.

#69 dTraderB

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Posted 22 June 2023 - 07:47 PM

This is an update of an AI PORTFOLIO:

The GPT Portfolio has officially launched and things are going well. Right now it is up ~3.7% since its inception. As a reminder, here is how it works.

ChatGPT 4.0 analyzes 10,000+ recent stock news articles, marries the top 100 with their financial statements, & comes up with a final set of 20 picks for the week

stocks are held for ~ 1 week, sold, & the process repeats

ChatGPT's 20 new stock picks are in so without further ado here they are



$NVDA - Nvidia - 89

$LLY - Eli Lily - 84

$CFLT - Confluent Inc - 84

$CVLG - Covenant Logistics - 82

$VERA - Vera Theraputics - 81

$VRTX - Vertex Pharma - 81

$NATI - National Instruments - 81

$OSW - One Spa World - 80

$RMBS - Rambus Inc - 79

$KKR - KKR & Co - 79

$DICE - Dice Theraputics - 78

$RYI - Ryerson Holdings - 78

$MCD - Mcdonalds - 78

$THO - Thor Industries - 78

$ACLS - Axcelis tech - 77

$CBIZ - Cbiz Inc - 75

$CWH - Camping World Holding - 75

$RDN - Radian Group - 75

$LEN - Lennar - 75

$SH - Inverse S&P ETF - 81

These stocks will be held until next Monday (7/3). Lets see how they do!

As always, I'm here for any questions you may have. Tomorrow Ill share a Friday email with the summaries & responses from GPT-4.

Cheers!

Chris - Co founder of Autopilot

#70 dTraderB

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Posted 23 June 2023 - 05:06 AM

BARRON'S:
Once the dampening effects of higher energy prices last year drop out of inflation rates, the U.S. headline rate could suddenly stop fallingand that could happen well above the Feds target.

If thats what happens, Fed Chairman Jerome Powell could find himself in Baileys shoesand may also reach for the big guns of jumbo rate increases to get out of the jam.

Global stocks are headed for their worst week since March. That suggests investors are getting nervousand maybe they should be.