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SUPER BLOWOFF PHASE - 5200? 5500?


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#31 dTraderB

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Posted 26 February 2024 - 02:08 PM

Closred NQ 1BO32

NQ 18012 LONG

Closed NQ 18020

ES 5094 LONG

Closed NQ 18002

NQ 17968 LONG

Closed NQ LONG 18045

Closed 1 NQ HEDGE LONG 18000.25
HOLDING 2 NQ & 1 ES LONG
Will again be aggressively daytrading HEDGE LONGS

NQ 19978

2 NQ & 1 ES HEDGE LONG

VERY BIG TECH & merely BIG S&P SHORT POSITION


NQ 17970

ES 5107

Got to hedge again: NQ 18038 LONG



#32 dTraderB

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Posted 26 February 2024 - 02:44 PM

NQ 1BO17.5 HEDGE LONG

Closred NQ 1BO32

NQ 18012 LONG

Closed NQ 18020

ES 5094 LONG

Closed NQ 18002

NQ 17968 LONG

Closed NQ LONG 18045

Closed 1 NQ HEDGE LONG 18000.25
HOLDING 2 NQ & 1 ES LONG
Will again be aggressively daytrading HEDGE LONGS

NQ 19978

2 NQ & 1 ES HEDGE LONG

VERY BIG TECH & merely BIG S&P SHORT POSITION


NQ 17970

ES 5107

Got to hedge again: NQ 18038 LONG



#33 redfoliage2

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Posted 26 February 2024 - 03:49 PM

 

https://www.investin...esearch-3315476

 

Maybe a bad PCE will do.................................

The month March is seasonally unfavorable for the stock market and famous for crashes,  the famous one was the crash from the Dot-com bubble burst in March 2000.  It looks AI and dot-com bubble do share some similarities ...........

 

 

It is very likely PCE went further higher in January as CPI and PPI did so, that could cause a substantial market correction in March  ............................. 


Edited by redfoliage2, 26 February 2024 - 03:59 PM.


#34 dTraderB

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Posted 26 February 2024 - 04:01 PM

NQ 17970 LONG

NQ 1BO17.5 HEDGE LONG

Closred NQ 1BO32

NQ 18012 LONG

Closed NQ 18020

ES 5094 LONG

Closed NQ 18002

NQ 17968 LONG

Closed NQ LONG 18045

Closed 1 NQ HEDGE LONG 18000.25
HOLDING 2 NQ & 1 ES LONG
Will again be aggressively daytrading HEDGE LONGS

NQ 19978

2 NQ & 1 ES HEDGE LONG

VERY BIG TECH & merely BIG S&P SHORT POSITION


NQ 17970

ES 5107

Got to hedge again: NQ 18038 LONG



#35 dTraderB

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Posted 26 February 2024 - 07:47 PM

"Asian markets have started the week on a more cautious footing following the tech-fueled buying frenzy of last week - the MSCI Asia ex-Japan index had its biggest fall in over two weeks, and a 1% decline in Chinese stocks snapped their longest winning streak in six years.

Key developments that could provide more direction to ASIAN markets on Tuesday:
Japan inflation (January)
Hong Kong trade (January)
Taiwan exports (January), current account (Q4)

#36 dTraderB

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Posted 26 February 2024 - 07:49 PM

Will open NEW LONG A50 & HSI positions below
A50 11700 & HSI 16300

"Asian markets have started the week on a more cautious footing following the tech-fueled buying frenzy of last week - the MSCI Asia ex-Japan index had its biggest fall in over two weeks, and a 1% decline in Chinese stocks snapped their longest winning streak in six years.

Key developments that could provide more direction to ASIAN markets on Tuesday:
Japan inflation (January)
Hong Kong trade (January)
Taiwan exports (January), current account (Q4)



#37 dTraderB

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Posted 27 February 2024 - 08:18 AM

ES 5080.5 HEDGE LONG

NQ 17970 LONG

NQ 1BO17.5 HEDGE LONG

Closred NQ 1BO32

NQ 18012 LONG

Closed NQ 18020

ES 5094 LONG

Closed NQ 18002

NQ 17968 LONG

Closed NQ LONG 18045

Closed 1 NQ HEDGE LONG 18000.25
HOLDING 2 NQ & 1 ES LONG
Will again be aggressively daytrading HEDGE LONGS

NQ 19978

2 NQ & 1 ES HEDGE LONG

VERY BIG TECH & merely BIG S&P SHORT POSITION


NQ 17970

ES 5107

Got to hedge again: NQ 18038 LONG



#38 dTraderB

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Posted 27 February 2024 - 08:29 AM

Busy ASIAN SESSION & now US
Daytraded A50 & HSI for about 2 hours. Not opening LONGS until US markets pull back at least 2 %.

"Apple Breaks To New 3-month Lows"
Remember when Apple was the most important company in the world?

Wasnt that like just a few months ago?

How convenient that it is no longer relevant, now that the stock goes down in price every day.

Apple closed yesterday at the lowest levels since early November

https://allstarchart...ws/#more-252883

#39 dTraderB

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Posted 27 February 2024 - 08:31 AM

FED SPEAK important!
Key developments that should provide more direction to U.S. markets later on Tuesday:
U.S. Feb consumer confidence, Jan durable goods orders, Dec home prices, Richmond Fed Feb business survey, Dallas Fed service sector survey
Kansas City Federal Reserve President Jeffrey Schmid, Fed Vice Chair for Supervision Michael Barr speak; Bank of England Deputy Governor Dave Ramsden speaks
U.S. Treasury Secretary Janet Yellen holds a press conference ahead of G20 and G7 finance meetings in Brazil
U.S. Treasury auctions 7-year notes
U.S. corporate earnings: Workday, Universal Health, eBay, Agilent, Axon, Constellation Energy, Sempra, Lowe's, JM Smucker, American Tower, Republic Services, First Solar, American Electric Power Co, Henry Schein, Pinnacle West, Norwegian Cruise Line

#40 12SPX

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Posted 27 February 2024 - 08:49 AM

Think there is going ot be a lot of stocks like Apple soon enough lol!!  Lowes is slowing down, MAcy's slowing etc etc, and even Sony is adding to the layoff scene taking off 900 people in its playstation division.  The slowdown is gaining steam and interestingly so far with durable goods down the bond market is backing up not rallying so far.  I know I sound super bearish but I really don't care.  What I care about is healthy market trading and this market is not, it needs a good flush to restart its staircase move higher....  Average short on the ES is now nicely rounded at 5075 and I'm still working on the ndx, being more picky where I place shorts there right now as I'm sure we'll get our normal spike up at the cash open lol!!