86 replies to this topic

[12SPX]

gonna go crazy here ps 4430, sell above

[12SPX]

out for a nice 8 point profit lets see if we can get a llittle higher, interesting that bonds are rallying yet the market is staying down as those AI stocks are getting beaten back!! 

[redfoliage2]

If bears unable to push the market further down they should cover now as the internals has been diverging from the market since Friday indicating another leg up on the way into the earnings reporting .........................

Edited by redfoliage2, 10 July 2023 - 11:35 AM.

[12SPX]

Starting a new short build at 4440....

[dTraderB]

"A volte face in Treasury yields has improved investors' mood considerably this week as excitement about U.S. disinflation builds despite conflicting signals from around the world.



After bumpy start to the third quarter, stocks and bonds rallied together on Monday - with both two- and 10-year Treasury yields recoiling sharply back below 5% and 4% thresholds respectively.



Spurred by more signs of ebbing U.S. inflation ahead of Wednesday's critical June consumer price report, Wall Street stocks also recovered ground on Monday.

A volte face in Treasury yields has improved investors' mood considerably this week as excitement about U.S. disinflation builds despite conflicting signals from around the world.



After bumpy start to the third quarter, stocks and bonds rallied together on Monday - with both two- and 10-year Treasury yields recoiling sharply back below 5% and 4% thresholds respectively.
Spurred by more signs of ebbing U.S. inflation ahead of Wednesday's critical June consumer price report, Wall Street stocks also recovered ground on Monday"

[dTraderB]

A slew of speeches from Fed officials seemed less accommodating - with most advocating at least one more rate hike in the current cycle. But there was also a sense that policy tightening was in the last lap.



And if bond markets were looking for another reason to rebound at the margin, the Fed's top regulatory official Michael Barr laid out a sweeping plan to increase capital requirements for the largest U.S. banks in the wake of recent bank failures, a move met with criticism from the industry.



But if the U.S. inflation picture is looking more optimistic, it's much harder to read around the world.

"A volte face in Treasury yields has improved investors' mood considerably this week as excitement about U.S. disinflation builds despite conflicting signals from around the world.



After bumpy start to the third quarter, stocks and bonds rallied together on Monday - with both two- and 10-year Treasury yields recoiling sharply back below 5% and 4% thresholds respectively.



Spurred by more signs of ebbing U.S. inflation ahead of Wednesday's critical June consumer price report, Wall Street stocks also recovered ground on Monday.

A volte face in Treasury yields has improved investors' mood considerably this week as excitement about U.S. disinflation builds despite conflicting signals from around the world.



After bumpy start to the third quarter, stocks and bonds rallied together on Monday - with both two- and 10-year Treasury yields recoiling sharply back below 5% and 4% thresholds respectively.
Spurred by more signs of ebbing U.S. inflation ahead of Wednesday's critical June consumer price report, Wall Street stocks also recovered ground on Monday"

[dTraderB]

Too much FED BLABBERING!


Key developments that should provide more direction to U.S. markets later on Tuesday:
U.S. June NFIB small business survey, June employment trends
New York Federal Reserve President John Williams speaks
U.S. President Joe Biden arrives in Vilnius for NATO summit
U.S. Treasury auctions 3-year notes, 12-month bills

A slew of speeches from Fed officials seemed less accommodating - with most advocating at least one more rate hike in the current cycle. But there was also a sense that policy tightening was in the last lap.



And if bond markets were looking for another reason to rebound at the margin, the Fed's top regulatory official Michael Barr laid out a sweeping plan to increase capital requirements for the largest U.S. banks in the wake of recent bank failures, a move met with criticism from the industry.



But if the U.S. inflation picture is looking more optimistic, it's much harder to read around the world.

"A volte face in Treasury yields has improved investors' mood considerably this week as excitement about U.S. disinflation builds despite conflicting signals from around the world.



After bumpy start to the third quarter, stocks and bonds rallied together on Monday - with both two- and 10-year Treasury yields recoiling sharply back below 5% and 4% thresholds respectively.



Spurred by more signs of ebbing U.S. inflation ahead of Wednesday's critical June consumer price report, Wall Street stocks also recovered ground on Monday.

A volte face in Treasury yields has improved investors' mood considerably this week as excitement about U.S. disinflation builds despite conflicting signals from around the world.



After bumpy start to the third quarter, stocks and bonds rallied together on Monday - with both two- and 10-year Treasury yields recoiling sharply back below 5% and 4% thresholds respectively.
Spurred by more signs of ebbing U.S. inflation ahead of Wednesday's critical June consumer price report, Wall Street stocks also recovered ground on Monday"

[dTraderB]

Not me: LARGEST LONG POSITION since... maybe decades!
"China was once the most attractive stock market in Asia for global investors. But as the worlds second-largest economy has sputtered, those investors have turned their attention elsewhere in the region and other markets are booming."

Edited by dTraderB, 11 July 2023 - 05:47 AM.

[dTraderB]

Will start new UVXY CALL position

[12SPX]

Another exciting day to look forward to.  Have my short average now at 4444 once again so we'll see how the cash open goes.  Interesting to see the rally in bonds this morning and calls and puts pretty neutral although I'd say put prices are way to weak indicating no one is worried about a sell off so we'll see how that turns out.  I'm getting excited about how we look going into expiration on Friday as we haven't seen a down July cycle since 2010.  Only month to see this kind of streak so a smart betting person would say we should be nicely up next week. I'm starting to feel we could see the first down one in a while but we'll see after tomorrows report I guess.  Once again the expectations for a very positive inflation is out there and has been proven wrong so many times so think today's action will say a lot on true optimism....