My FF: PULLBACK then UP again ... unless geopolitical events stop this new BULL MARKET.
Good article from PRING:
https://www.pringtur...t-go-from-here/
BULL MARKET refreshed; SEASONALLY BULLISH; Sharp pullback soon
Started by
dTraderB
, Nov 26 2023 05:29 PM
168 replies to this topic
#2
dTraderB
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Posted 26 November 2023 - 05:40 PM
Net SHORT US, LONG A50 & HSI INDEX & STOCKS. Opening & closing HEDGE LONGS - daytrading hedge longs, but want to add more SHORTS above ES 4580 before any pullback.
LONG TLT, UVXY CALLS, LONG CRUDE. Small NDVA LONG, QID LONG, small PUT positions in tech stocks - AAPL, AMZN, GOOGL.
Need net 0.83% return during next few days for a profitable November.
LONG TLT, UVXY CALLS, LONG CRUDE. Small NDVA LONG, QID LONG, small PUT positions in tech stocks - AAPL, AMZN, GOOGL.
Need net 0.83% return during next few days for a profitable November.
#3
dTraderB
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Posted 26 November 2023 - 05:42 PM
Poll bullish 53/47
Helene Meisler (@hmeisler) posted at 8:00 AM on Sat, Nov 25, 2023:
Saturday Poll.
The next 100 points for the S&P?
(https://x.com/hmeisl...2545695123?s=03)
Helene Meisler (@hmeisler) posted at 8:00 AM on Sat, Nov 25, 2023:
Saturday Poll.
The next 100 points for the S&P?
(https://x.com/hmeisl...2545695123?s=03)
#5
dTraderB
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Posted 26 November 2023 - 07:23 PM
https://www.marketin...llan-oscillator
Should spike above 200 this week
https://www.mcoscill...t_breadth_data/
#6
dTraderB
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Posted 27 November 2023 - 06:14 AM
DREAM ON.... no rate cuts unless there is a recession; bond markets will fo the heavy lifting for the FED
WSJ: Wall Street is gearing up for rate cuts.
Twenty months after the Federal Reserve began a historic campaign against inflation, investors believe there is a much greater chance that the central bank will cut rates in just four months than raise them again in the foreseeable future.
Interest-rate futures indicated last week a roughly 60% chance the Fed will lower rates by a quarter-of-a-percentage point by its May 2024 policy meeting, up from 29% at the end of October, according to CME Group data. The same data pointed to four cuts by the end of the year.
Investors, battered by the Feds efforts to slow the economy, have reacted by driving the S&P 500 up nearly 9% this month. That is despite the wagers reflecting different possible paths for the economy, not all of them favorable for stocks.
One place where rate-cut bets are showing up is in the bond market, where yields on longer-term bonds have retreated further below those on short-term ones.
WSJ: Wall Street is gearing up for rate cuts.
Twenty months after the Federal Reserve began a historic campaign against inflation, investors believe there is a much greater chance that the central bank will cut rates in just four months than raise them again in the foreseeable future.
Interest-rate futures indicated last week a roughly 60% chance the Fed will lower rates by a quarter-of-a-percentage point by its May 2024 policy meeting, up from 29% at the end of October, according to CME Group data. The same data pointed to four cuts by the end of the year.
Investors, battered by the Feds efforts to slow the economy, have reacted by driving the S&P 500 up nearly 9% this month. That is despite the wagers reflecting different possible paths for the economy, not all of them favorable for stocks.
One place where rate-cut bets are showing up is in the bond market, where yields on longer-term bonds have retreated further below those on short-term ones.
#7
dTraderB
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Posted 27 November 2023 - 06:20 AM
"Friday's shortened session threw up a remarkable milestone.
The VIX index of implied volatility on the S&P500 plunged to its lowest close since just before the COVID-19 shock unfolded in 2020 - an extreme some fear will inspire demand for options hedging and reversion back toward historic mean. It ticked back up to regain a foothold above 13 today. ...
Key developments that should provide more direction to U.S. markets later on Monday:
U.S. Oct new home sales, Dallas Fed Nov manufacturing survey
U.S. Treasury sells 2- and 5-year notes, 3- and 6-month bills
European Central Bank chief Christine Lagarde speaks in European Parliament
U.S. corporate earnings: Zscaler, Cerence, Anavex Life Sciences, UP Fintech, Ituran Location and Control, Smart Share Global
-- REUTERS
The VIX index of implied volatility on the S&P500 plunged to its lowest close since just before the COVID-19 shock unfolded in 2020 - an extreme some fear will inspire demand for options hedging and reversion back toward historic mean. It ticked back up to regain a foothold above 13 today. ...
Key developments that should provide more direction to U.S. markets later on Monday:
U.S. Oct new home sales, Dallas Fed Nov manufacturing survey
U.S. Treasury sells 2- and 5-year notes, 3- and 6-month bills
European Central Bank chief Christine Lagarde speaks in European Parliament
U.S. corporate earnings: Zscaler, Cerence, Anavex Life Sciences, UP Fintech, Ituran Location and Control, Smart Share Global
-- REUTERS
#8
dTraderB
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Posted 27 November 2023 - 06:20 AM
3 CRUDE LONG
Will add below 74
Will add below 74
#9
dTraderB
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Posted 27 November 2023 - 06:30 AM
Added A50, BABA, JD, HSI LONGS
LIMIT ORDER TO BUY MORE BELOW A50 11550 & HSI 17400.
Will add ES HEDGE LONG below 4540 & NQ HEDGE LONG below 15900
LIMIT ORDER TO BUY MORE BELOW A50 11550 & HSI 17400.
Will add ES HEDGE LONG below 4540 & NQ HEDGE LONG below 15900
#10
dTraderB
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Posted 27 November 2023 - 06:40 AM
LONG STRANGLE: Will close remaining NVDA DEC PUT above 3.1k & close 1 NVDA DEC CALL. Will hold 1 NVDA DEC CALL.
Want to open new NVDA stock LONG below 450, during or aftet next NQ PULLBACK.
Want to open new NVDA stock LONG below 450, during or aftet next NQ PULLBACK.
