104 replies to this topic

[dTraderB]

Very low, near o.5

Helene Meisler (@hmeisler) tweeted at 10:55 AM on Sat, Jun 24, 2023:
10 dma of equity put/call ratio

https://t.co/sDQmyqxkpY

Dean Christians, CMT (@DeanChristians) tweeted at 9:08 AM on Sat, Jun 24, 2023:
More than six months have passed since the financial conditions buy signal.

Neither in 2000-02 nor in 2007-08 did the buy signals persist for more than four months. https://t.co/hlsQuht1Y9

BEARISH stuff:
Sven Henrich (@NorthmanTrader) tweeted at 6:01 AM on Sat, Jun 24, 2023:
Crushing the $VIX to 3 year lows just ahead of what could turn into a major geopolitical risk event: Classic.
(https://twitter.com/...3931258881?s=03)

[dTraderB]

Helene Meisler (@hmeisler) tweeted at 6:49 AM on Sat, Jun 24, 2023:
Citi Panic/Euphoria back to Feb levels. Quite the move in the last 2 weeks. https://t.co/sB4BG8Yoj8

Very low, near o.5

Helene Meisler (@hmeisler) tweeted at 10:55 AM on Sat, Jun 24, 2023:
10 dma of equity put/call ratio

https://t.co/sDQmyqxkpY

Dean Christians, CMT (@DeanChristians) tweeted at 9:08 AM on Sat, Jun 24, 2023:
More than six months have passed since the financial conditions buy signal.

Neither in 2000-02 nor in 2007-08 did the buy signals persist for more than four months. https://t.co/hlsQuht1Y9

BEARISH stuff:
Sven Henrich (@NorthmanTrader) tweeted at 6:01 AM on Sat, Jun 24, 2023:
Crushing the $VIX to 3 year lows just ahead of what could turn into a major geopolitical risk event: Classic.
(https://twitter.com/...3931258881?s=03)

[dTraderB]

POLL:
BEARS 61 BULLS 39

HUGE MARGIN for Bears.

Helene Meisler (@hmeisler) tweeted at 1:05 PM on Sat, Jun 24, 2023:
The results are in and folks are leaning bearish for the 2nd straight week. Also the most down votes since mid August last year.

Thanks for voting!
https://t.co/stgjkHaonp

(https://twitter.com/...4403357698?s=03)

[dTraderB]

"Liquidity:

since the pandemic began, the performance of the S&P 500 has been very correlated to the US FEDs QE: correlation doesnt prove causation though worth to notice that the S&P 500 looks a bit overstretched via this measure (FEDs QE also defined often as Net Liquidity via the formula below as per Apollo).

The Fear & Greed index points to extreme greed at 80 while 1 year ago in the 2022 bear market we were at the 26 level

https://maverickequi...performance-ac2

[dTraderB]

FED FED FED....
Key developments that should provide more direction to U.S. markets later on Monday:
Dallas Federal Reserve's June manufacturing survey
U.S. Treasury auctions 2-year notes, 3- and 6-month bills
European Central Bank Forum on Central Banking in Sintra, Portugal

Atlanta Federal Reserve President Raphael Bostic, St Louis Fed President James Bullard and Cleveland Fed chief Loretta Mester all speak

[12SPX]

Was a great week of trading for 106 points on the ES total, 44 to go to make up.  My short at 4420 was taken out for a 20 point profit as listed on here but what I didn't report was my short at 4405 with a current profit stop of 4390. Sell above on both of course but as d listed so many things this week I would bet the volatility continues this week....

[12SPX]

Out for another 15 point profit, will sell a little higher.  Good news is calls are finally starting to come down a bit but with no one being bearish getting higher may be a struggle.  For now though the market is oversold in the short term so we'll see if there is a bit of a bounce...

[12SPX]

So exciting and interesting the premium spread between cash and futures finally started falling, starting my short build at a nice even 4400...

[12SPX]

profit stop 4399, sell above

[12SPX]

profit stop 4390... sell above