FF: "Bad news is again Bad" PULLBACK - then Dec/Jan rally
#51
Posted 22 November 2023 - 06:12 AM
The boardroom rollercoaster at ChatGPT-developer OpenAI, meantime, continued to hog front pages - even if it was in danger of turning into high farce. Sam Altman is now set to return as CEO just days after his ouster, capping frenzied discussions about the future of the startup at the center of the AI craze.
The boardroom rollercoaster at ChatGPT-developer OpenAI, meantime, continued to hog front pages - even if it was in danger of turning into high farce. Sam Altman is now set to return as CEO just days after his ouster, capping frenzied discussions about the future of the startup at the center of the AI craze.
-- REUTERS
#52
Posted 22 November 2023 - 06:12 AM
U.S. Oct durable goods, weekly jobless claims, University of Michigan final Nov sentiment survey. Eurozone Nov consumer confidence
Bank of Canada Governor Tiff Macklem speaks
British finance minister Jeremy Hunt makes his Autumn Statement budget speech
Dutch parliamentary elections
U.S. Treasury auctions 4-week bills
U.S. corporate earnings: Deere, Tremor, Diocal, Jiayin, EHang, GDS, Baozun, Lexinfintech
AI buzzes but market shrugs at Nvidia beat
The boardroom rollercoaster at ChatGPT-developer OpenAI, meantime, continued to hog front pages - even if it was in danger of turning into high farce. Sam Altman is now set to return as CEO just days after his ouster, capping frenzied discussions about the future of the startup at the center of the AI craze.
The boardroom rollercoaster at ChatGPT-developer OpenAI, meantime, continued to hog front pages - even if it was in danger of turning into high farce. Sam Altman is now set to return as CEO just days after his ouster, capping frenzied discussions about the future of the startup at the center of the AI craze.
-- REUTERS
#53
Posted 22 November 2023 - 06:27 AM
Holding 1 each ES & NQ HEDGE LONG
Will place limit orders to close a few BABA above 80, and 2 or 3 A50 & HSI above 12100 & 18100
Closed ES HEDGE LONG (4539) at 4950
Will reopen lowerES 4539 HEDGE LONG
HOLDING 2 each NQ & ESNQ 16010 HEDGE LONG
NQ 16060 HEDGE LONG
OPENING NEW HSI & A50 LONG position below 17725 & 12000.ES 4559.75 HEDGE LONG
#54
Posted 22 November 2023 - 07:48 AM
2 CRUDE LONG
Will add below 75.2
Will take profits above 76
#55
Posted 22 November 2023 - 08:18 AM
IN FREE FALL...
could plunge below 60!
Buying more WTI CRUDE... PLUNGED!
2 CRUDE LONG
Will add below 75.2
Will take profits above 76
#56
Posted 22 November 2023 - 08:35 AM
Market wondering if BAD NEWS is BAD after Weekly Job Clsims report.
Closed NQ HEDGE LONG 16030
Holding 1 each ES & NQ HEDGE LONG
Will place limit orders to close a few BABA above 80, and 2 or 3 A50 & HSI above 12100 & 18100Closed ES HEDGE LONG (4539) at 4950
Will reopen lowerES 4539 HEDGE LONG
HOLDING 2 each NQ & ESNQ 16010 HEDGE LONG
NQ 16060 HEDGE LONG
OPENING NEW HSI & A50 LONG position below 17725 & 12000.ES 4559.75 HEDGE LONG
#57
Posted 22 November 2023 - 08:38 AM
#58
Posted 22 November 2023 - 09:22 AM
Well that was a fun night after the Nividea earnings report!! I was scalping back and forth and grabbed the low on the ndx when the stock spiked lower for a long and made a nice quick 25 points as I started building my short at 15975 but forgot that I had another GTC trade on with the turnover for futures at 15950 so overnight it bought my trade back for another 25 points and added new shorts at 16,000. Gotta love phone trading lol but always love it when errors are profitable lol!!! Anyhow was funny. In the end still have my main short on the ES at 4475 and NDX 15755. Think I'm going to add more to them now that main earnings are done and the market will start to focus on the economy that is growing steam for a slowdown coming. Ouch for durable goods orders this morning!!!
Kind of surprised futures are higher this morning but there is no volume and the long weekend is starting!! I have said before that I believe this is going to be a much bigger slowdown than people think when it really gets going next year but that's a bit away, for now the market still likes bond yields going down and there is still that 4.33% level gap out there I have been talking about. The one thing that I heard from the Nividea report last night was that they were seeing a slowdown overseas but felt other places would pick it up. It appears there may even be a slowdown coming there but that figures as it is just fancy programming and chatgt or whatever they call it is cute and all but that will wear off soon enough to just be another tool. The stock this morning is barely moving and makes me think about the dotcom boom and bust, up to fast because its the new thing but then sideways for a loooong time. That mixed with the coming recession should make things interesting next year especially with deflation ramping up hugely I believe. Either way going to be incredible for selling options and the increased volatility for trading.
#59
Posted 22 November 2023 - 09:39 AM
Nice pop as I predicted yesterday, but now let's see if the open gap gets back filled.............
Edited by redfoliage2, 22 November 2023 - 09:44 AM.
#60
Posted 22 November 2023 - 09:45 AM
Will reopen lower
HOLDING 1 NQ HEDGE LONG
Will add NQ HEDGE LONG below 15950
Market wondering if BAD NEWS is BAD after Weekly Job Clsims report.Closed NQ HEDGE LONG 16030
Holding 1 each ES & NQ HEDGE LONG
Will place limit orders to close a few BABA above 80, and 2 or 3 A50 & HSI above 12100 & 18100Closed ES HEDGE LONG (4539) at 4950
Will reopen lowerES 4539 HEDGE LONG
HOLDING 2 each NQ & ESNQ 16010 HEDGE LONG
NQ 16060 HEDGE LONG
OPENING NEW HSI & A50 LONG position below 17725 & 12000.ES 4559.75 HEDGE LONG