132 replies to this topic

[redfoliage2]

After two days consolidation I see the chance is pretty good for the rally to resume on the OpEx Friday .................

Edited by redfoliage2, 16 November 2023 - 03:33 PM.

[redfoliage2]

After two days consolidation I see the chance is pretty good for the rally to resume on the OpEx Friday .................

Provided that SPX to close the day above 4500 ............................

[dTraderB]

Exhausting week but better than last week. Reopened HK & A50, BABA LONGS. Will add a few more HK, JAPAN, and CHINESE stocks on any pullback.
BIG BRENT OIL LONG position. Only 2 NQ HEDGE LING. NO ES HEDGE LONG ... will reopen below 4500.
Will open PUT positions on a few big tech stocks above NQ 16100

[dTraderB]

OPEX FRIDAY, pre-Thanksgiving week, yields falling... CRUDE DOWN = new NOVEMBER HIGHS.

Markets should rally into next week... unless geopolitics intervene.

Want to add SHORTS above ES 4545 & NQ 16125

[dTraderB]

Closed 2 USDYEN SHORTS
Will close the last one below 149
Will reopen above 150

"Treasury yields dive as oil craters, economy softens"
 
A cratering of oil prices and more signs of a cooling economy have seen Treasury yields plumb their lowest in two months, underpinning Wall St stock indexes despite notable single stock plunges in Walmart, Cisco and Alibaba.

U.S. two-year Treasury yields skidded below 4.80% on Friday for the first time since September 1, with 10-year yields dropping under 4.40% to September lows too.
-- REUTERS

[dTraderB]

Closed 1 BRENT LONG
HOLDING 7
Will close more above 79
Will add below 77.5

[dTraderB]

"Bad news is bad for markets" soon.

"Housing starts numbers for October are the main data highlight, while many will also eye an update on the Atlanta Fed's real-time GDP estimate after such a heavy week of new inputs.

Key developments that should provide more direction to U.S. markets later on Friday:
U.S. Oct housing starts/permits
Boston Federal Reserve President Susan Collins, San Francisco Fed President Mary Daly, Chicago Fed chief Austan Goolsbee, Fed Vice Chair for Supervision Michael Barr all speak. Bank of England Deputy Governor Dave Ramsden speaks
United States hosts APEC leaders' meeting in San Francisco"
--- REUTERS

[dTraderB]

Will close only 1 or 2 A50 & HSI LONGS. Good bounce.
Will reopen below 11850 & 17400

[dTraderB]

Opened SQQQ YAHOO OPTIONS screen .. .. may open CALL or STRANGLE position

[dTraderB]

ES 4529 HEDGE LONG

Will adjust it lower down to ES 4480

Adjust down to 4490 buy limit

ES 4501 BUY LIMIT

Will close 1 NQ HEDGE LONG above 15885

Closed 1 ES HEDGE LONG 4523.75

WILL REOPEN LOWER

HOLDING 2 NQ HEDGE LONG

4517 ES HEDGE LONG

Closed 4528.25

ES 4524.5 HEDGE LONG

Closed ES HEDGE LONG 4535.5

NQ 15976

ES 4530 LONG