86 replies to this topic

[dTraderB]

Will add UVXY CALLS below 12.75
Now trading at 12.82

[dTraderB]

BULLS still hold the advantage but will lose it if market does not finish above ES 4399 today.
Want to buy WTI CRUDE. Now trading at 77.4
Yeah, that is how low it has fallen!

[dTraderB]

Started WTI CRUDE LONG 77.4
Will add below 76.9

BULLS still hold the advantage but will lose it if market does not finish above ES 4399 today.
Want to buy WTI CRUDE. Now trading at 77.4
Yeah, that is how low it has fallen!

[redfoliage2]

Last week I had a ST target SPX 4400 and now almost there...............

Let's see how this will work out at the 4400 resistance.   With the casino front running the Fed the steam of the rally is running out.....................

Edited by redfoliage2, 07 November 2023 - 03:03 PM.

[dTraderB]

Will start new USDYEN SHORT position above 150.50

Will add above 151.10, 151.60

[dTraderB]

Still has some strength but a pullback is near

Last week I had a ST target SPX 4400 and now almost there...............

Let's see how this will work out at the 4400 resistance.   With the casino front running the Fed the steam of the rally is running out.....................

[12SPX]

WOW that oil sell off sure tells me the future may not be as good as people are hoping for....

[dTraderB]

Demand slackening. Less gasoline in winter... etc
BUT, THE MIDEAST PREMIUM IS GONE. OIL BACK AT PRE-MIDEAST CRISIS

WOW that oil sell off sure tells me the future may not be as good as people are hoping for....

[dTraderB]

"Wall Street stocks' longest winning streak in two years - clocking seven straight daily gains - has been underscored by a slump in crude oil prices to their lowest in over three months - reining in inflation expectations and worrisome bond yields.



Partly due to global demand worries, partly on record U.S. production and partly on ebbing supply concerns surrounding the Gaza conflict, U.S. crude prices have now plunged more than 15% in less than three weeks. And that's hit home by dragging U.S. pump prices down to levels not seen since March."

Demand slackening. Less gasoline in winter... etc
BUT, THE MIDEAST PREMIUM IS GONE. OIL BACK AT PRE-MIDEAST CRISIS

WOW that oil sell off sure tells me the future may not be as good as people are hoping for....

[dTraderB]

Key developments that should provide more direction to U.S. markets later on Wednesday:
Federal Reserve Chair Jerome Powell, Fed Vice Chair Philip Jefferson, Fed Vice Chair for Supervision Michael Barr, Fed Board Governor Lisa Cook and New York Fed chief John Williams all speak; European Central Bank President Christine Lagarde and Bundesbank President Joachim Nagel both speak; Bank of England Governor Andrew Bailey speaks
Euro zone finance ministers meet in Brussels
U.S. Sept wholesale inventories and sales
U.S. corporate earnings: Walt Disney, Warner Bros Discovery, MGM Resorts, Biogen, Ralph Lauren, Atmos Energy, Corteva, Ameren, Fleetcor, Kallanova etc
U.S. Treasury auctions $40 billion of 10-year notes
-- REUTERS