The bounce now is likely to be sold as daily momentum and market breadth are divergent to the price ............................
Edited by redfoliage2, 02 February 2024 - 10:01 AM.
Huge week! "could define market's narrative over next few months"
Started by
dTraderB
, Jan 28 2024 05:36 PM
216 replies to this topic
#202
dTraderB
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Member
Posted 02 February 2024 - 10:23 AM
Closed MSFT, AMZN, META CALLS
Closed AAPL CALL & PUT
Will close AMZN ? META PUTS LATER..
Closed AAPL CALL & PUT
Will close AMZN ? META PUTS LATER..
Will close AMZN & META CALLS ASAP
META UP 67!
AMZN, MSFT also
AAPL down... but should be down by more than 7%
But CHINA/HK was again volatile & even telling us markets are fixed! their "NATIONAL TEAM" involved! I try to trade WITH NATIONAL TEAM interventions.
RISK-ON now in new month but still aggressive HEDGING with ST trades as I did from mid-January.
"China has pushed a group of state-linked companies to buy exchange-traded funds, part of an effort to boost stock prices. So far, its not working.
Chinas benchmark CSI 300 index has entered its fourth year of declines in a row, and is down 7.3% so far this year. Foreign investors are pulling out of the market. Chinas hundreds of millions of individual investors are shifting to safer assets, or betting on stock markets elsewhere.
The prolonged downturn in share prices is getting attention from regulators and politicians. The securities regulator has curbed short selling, and reduced a tax on stock trading. The State Council, Chinas cabinet, has called for more to be done to boost capital markets.
Enter the national team, a group of state-linked investors which buy shares and exchange-traded funds to drive up stock prices."-- WAJ
#203
redfoliage2
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Posted 02 February 2024 - 11:05 AM
NYMO just went into negative with H&S formation....................................
#204
redfoliage2
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Posted 02 February 2024 - 11:22 AM
NYMO just went into negative with H&S formation....................................
I'd not be surprised if today turns out to be last day for the earnings reporting run .......................
#205
dTraderB
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Posted 02 February 2024 - 12:31 PM
Closed NQ HEDGE LONG 17745
+210
Will close ES HEDGE LONG above 4990
Will reopen HEDGE LONGS below 17700 & 4760
+210
Will close ES HEDGE LONG above 4990
Will reopen HEDGE LONGS below 17700 & 4760
NQ LONG 17535
Closed ES SHORT 4837
ES short 5954.5
FLAT HEDGEClosed NQ HEDGE LONG 17423
Holding 1 ES HEDGE LONGClosed 4908.25
ES HEDGE LONG 4900
Closed ES HEDGE LONG 4917.5
Could be wrong... BUT THIS MARKET IS NOW ON BORROWED TIME!
Closing LONG HEDGES, holding only 2 ES & 1 NQ
#206
dTraderB
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- Traders-Talk User
- 17,796 posts
Member
Posted 02 February 2024 - 12:45 PM
NQ 16780 HEDGE LONG
Closed NQ HEDGE LONG 17745
+210
Will close ES HEDGE LONG above 4990
Will reopen HEDGE LONGS below 17700 & 4760NQ LONG 17535
Closed ES SHORT 4837
ES short 5954.5
FLAT HEDGEClosed NQ HEDGE LONG 17423
Holding 1 ES HEDGE LONGClosed 4908.25
ES HEDGE LONG 4900
Closed ES HEDGE LONG 4917.5
Could be wrong... BUT THIS MARKET IS NOW ON BORROWED TIME!
Closing LONG HEDGES, holding only 2 ES & 1 NQ
#207
dTraderB
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- Traders-Talk User
- 17,796 posts
Member
Posted 02 February 2024 - 12:46 PM
16680
NQ 16780 HEDGE LONG
Closed NQ HEDGE LONG 17745
+210
Will close ES HEDGE LONG above 4990
Will reopen HEDGE LONGS below 17700 & 4760NQ LONG 17535
Closed ES SHORT 4837
ES short 5954.5
FLAT HEDGEClosed NQ HEDGE LONG 17423
Holding 1 ES HEDGE LONGClosed 4908.25
ES HEDGE LONG 4900
Closed ES HEDGE LONG 4917.5
Could be wrong... BUT THIS MARKET IS NOW ON BORROWED TIME!
Closing LONG HEDGES, holding only 2 ES & 1 NQ
#208
dTraderB
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- Traders-Talk User
- 17,796 posts
Member
Posted 02 February 2024 - 01:01 PM
Closed NQ 17722
16680
NQ 16780 HEDGE LONG
Closed NQ HEDGE LONG 17745
+210
Will close ES HEDGE LONG above 4990
Will reopen HEDGE LONGS below 17700 & 4760NQ LONG 17535
Closed ES SHORT 4837
ES short 5954.5
FLAT HEDGEClosed NQ HEDGE LONG 17423
Holding 1 ES HEDGE LONGClosed 4908.25
ES HEDGE LONG 4900
Closed ES HEDGE LONG 4917.5
Could be wrong... BUT THIS MARKET IS NOW ON BORROWED TIME!
Closing LONG HEDGES, holding only 2 ES & 1 NQ
#209
dTraderB
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- Traders-Talk User
- 17,796 posts
Member
Posted 02 February 2024 - 01:35 PM
Added 3 QQQ & 2 SPY PUTS
#210
dTraderB
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- Traders-Talk User
- 17,796 posts
Member
Posted 02 February 2024 - 01:38 PM
NQ HEDGE LONG 17683.5
Closed NQ 17722
16680
NQ 16780 HEDGE LONG
Closed NQ HEDGE LONG 17745
+210
Will close ES HEDGE LONG above 4990
Will reopen HEDGE LONGS below 17700 & 4760NQ LONG 17535
Closed ES SHORT 4837
ES short 5954.5
FLAT HEDGEClosed NQ HEDGE LONG 17423
Holding 1 ES HEDGE LONGClosed 4908.25
ES HEDGE LONG 4900
Closed ES HEDGE LONG 4917.5
Could be wrong... BUT THIS MARKET IS NOW ON BORROWED TIME!
Closing LONG HEDGES, holding only 2 ES & 1 NQ
