hmmmm
when the markets don't move in the right direction on the latest company news what does that say?
Walmart down on better than expected results...
I'm wondering if we are now entering the next phase of the bear market.
"Two more green lights plus one shorter-term yellow light"
Started by
dTraderB
, Aug 13 2023 03:49 PM
168 replies to this topic
#152
redfoliage2
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Posted 17 August 2023 - 01:07 PM
With a PC ratio at this high I bet the operators will have to make a big gap up tomorrow morning and hold it till 10 am to get the job done for the index settlement values. I have seen this many times before .........................
Edited by redfoliage2, 17 August 2023 - 01:09 PM.
#153
Keepingcool
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Posted 17 August 2023 - 01:34 PM
signs of a returning bear cycle
#154
redfoliage2
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Posted 17 August 2023 - 01:35 PM
With a PC ratio at this high I bet the operators will have to make a big gap up tomorrow morning and hold it till 10 am to get the job done for the index settlement values. I have seen this many times before .........................
Or a mini crash is pending .......................
#155
12SPX
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Posted 17 August 2023 - 01:58 PM
Love it there's my flip about the mini crash lol!! This expiration means nothing, its just a plain old expiration like all the other over 500 I have gone through lol!! The expirations you can really follow are the quarterly ones where strike prices mean a little more. The one thing I can say is this is for sure looking to be a down August expiration as I said at the start 7/21 and reaffirmed this past Monday. Now there is nothing but a miracle or blu actually gets his rally by tomorrows close to change that by the looks of it, which is going to set up for a very interesting September cycle gotta say!!
#156
jacek
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Posted 17 August 2023 - 02:05 PM
Jackson Hole next week
#157
redfoliage2
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Posted 17 August 2023 - 02:18 PM
Jackson Hole next week
No wonder. It needs a mini crash before the meeting to wake them up...........
Edited by redfoliage2, 17 August 2023 - 02:24 PM.
#158
12SPX
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Posted 17 August 2023 - 06:15 PM
Yay that was fun, internet went down at the close lol!! Average long 4415 going into the night session...
#159
dTraderB
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Posted 17 August 2023 - 07:34 PM
My ES target 4380 reached... should hold, a pike or 2 down, but if this falls then 4200 handle traded very quickly.
Added QQQ & SPY CALLS. WILL open new IWM CALL position below 182
Added QQQ & SPY CALLS. WILL open new IWM CALL position below 182
#160
dTraderB
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Posted 17 August 2023 - 07:40 PM
NVDA held up well so far 433. Earnings Aug 23. Not willing to rosk on this stock but will open a spread...
From xTRENDS, A Bear, almost permaBear in 2023:
xTrends (@xtrends) posted at 3:41 AM on Fri, Aug 18, 2023:
Since July 19 2023 market top, TSLA down 26% while other megacap tech names pulled back similar to QQQ like 5% or so.
My other pet $AMD moving like TSLA as well
Bonds and JPY at October 2022 low , USD setting up for a big run. SPX waking up but still so much dumb money floating around, ( aka flows)
After Aug opex CIT
https://t.co/g3D5SRSxAZ
From xTRENDS, A Bear, almost permaBear in 2023:
xTrends (@xtrends) posted at 3:41 AM on Fri, Aug 18, 2023:
Since July 19 2023 market top, TSLA down 26% while other megacap tech names pulled back similar to QQQ like 5% or so.
My other pet $AMD moving like TSLA as well
Bonds and JPY at October 2022 low , USD setting up for a big run. SPX waking up but still so much dumb money floating around, ( aka flows)
After Aug opex CIT
https://t.co/g3D5SRSxAZ
