313 replies to this topic

[dTraderB]

A top 5 day on Friday is followed by an uncertain, risky, and suddenly bearish market environment as another war began over the weekend.

I am long, partially hedged, but will add more hedges & liquidate some LONG positions..

Edited by dTraderB, 08 October 2023 - 04:34 PM.

[dTraderB]

Defense Secretary Lloyd Austin:
"Today, in response to this Hamas attack on Israel, and following detailed discussions with President Biden, I have directed several steps to strengthen Department of Defense posture in the region to bolster regional deterrence efforts," Austin said.

"I have directed the movement of the USS Gerald R. Ford Carrier Strike Group to the Eastern Mediterranean."

[dTraderB]

Her poll very bullish: 64-36

Helene Meisler (@hmeisler) posted at 7:00 AM on Sat, Oct 07, 2023:
Saturday Poll.

The next 100 points for the S&P?
(https://x.com/hmeisl...5106763053?s=03)

[dTraderB]

A possibility - another day of DOWN HARD followed by huge reversal. I will close LONGS if that happens:

The Maverick of Wall Street (@TheMaverickWS) posted at 6:58 PM on Sun, Oct 08, 2023:
Remember that the market is led by robots, and they don't care about Israel/Palestine. They care about the bond market being closed, the dollar running out of gas, and oversold technicals. Don't be surprised to see stock futures reversing and turning positive tomorrow.

James Choi (@JC_Investment) posted at 8:11 PM on Sun, Oct 08, 2023:
Israel : BTFD

[12SPX]

Glad I went short into the weekend at 4340 lol!!  Off to Alabama this morning so covered my short at 4305 for a nice 30 point profit and went with a small long there this morning as this settles out, see how this works out during the day, good trading to all!! 

[dTraderB]

Enjoy!

 

Glad I went short into the weekend at 4340 lol!!  Off to Alabama this morning so covered my short at 4305 for a nice 30 point profit and went with a small long there this morning as this settles out, see how this works out during the day, good trading to all!! 

[dTraderB]

Turning up ... or trying to ...

 

https://www.marketin...lume-oscillator

[dTraderB]

Closed a few. Want to get to SMALL LONG ir FLAT at ES 4335 of higher. Will accept a lower NET return & assess this war situation. Bank lower profits... plan ndxt move.

A possibility - another day of DOWN HARD followed by huge reversal. I will close LONGS if that happens:

The Maverick of Wall Street (@TheMaverickWS) posted at 6:58 PM on Sun, Oct 08, 2023:
Remember that the market is led by robots, and they don't care about Israel/Palestine. They care about the bond market being closed, the dollar running out of gas, and oversold technicals. Don't be surprised to see stock futures reversing and turning positive tomorrow.

James Choi (@JC_Investment) posted at 8:11 PM on Sun, Oct 08, 2023:
Israel : BTFD

[dTraderB]

GOOGLE green. Closed all.

[K Wave]

TLT...so far so good...just need to clear the 5 min now around 85.80

 

If this is the big turn, could be one of the better swing trades for next 30 day or more.

 

Meanwhile, have we just about hit max pain on mortgage rates for now?

 

Edited by K Wave, 09 October 2023 - 10:15 AM.