320 replies to this topic

[redfoliage2]

It looks that Mr.Market is having its attention focused on the incoming Fed meeting, and it's likely we are not going to see big moves either way prior to the Fed.   Upon the meeting the market could go either way depending what the Fed will say in its statement and at the conference.  I'd not be frontrunning the Fed .................... 

As I said this market going nowhere before the Fed day, and it's likely the same for tomorrow .....................  

Edited by redfoliage2, 18 September 2023 - 02:35 PM.

[redfoliage2]

For tomorrow - up in the morning and profit taking late in the day .....................

[12SPX]

Market is so so flat as it grinds away awaiting the Fed.  Interestingly bonds continue to back up, if this continues I have a feeling the Fed will sound more dovish then expected.  I'm glad I'm having a travel so be hard to report here so we'll see how the day goes, hope everyone has a fun day of trading...

[dTraderB]

Market looks very weak. Could plunge at least 5% from these levels by end of the week.
Will add NDVA LONGS BELOW 425

[dTraderB]

Will add an es hedge long below 4460
Now at 4489

[dTraderB]

And new nq hedge long below 15k, now at 15315

Will add an es hedge long below 4460
Now at 4489

[dTraderB]

Amzn at 136.67
Will start new long below 132

Note GOGGL at 137.96 is now higher than AMZN

[K Wave]

may finally be breaking through 4450 on SPX...win for bears if so...

 

seeing a lot of rot under the surface...still need the big guns to break though.

[K Wave]

looking more an more like May was the final top of the debt ponzi on Autozone....

 

Again...do not envy the refi team there....

 

Edited by K Wave, 19 September 2023 - 09:05 AM.

[K Wave]

Google stall continues...just waiting on the breach....