146 replies to this topic

[dTraderB]

Having a great MARCH, best month since SEP 2023, want to hedge as much as possible, reduce holdings in RISK PORTFOLIO, MORE VST & ST trades.

ES LONG 5301.75

NQ LONG 18542
ES LONG 5300.5

Close 1 NQ LONG LIMIT 18610

NQ LONG 18570.5

Closed 1 NQ LONG 18592.5

NQ 18571.5 LONG

NQ LONG 18614.5

ES LONG 5314

NQ LONG 18676.5

Closed 1 NQ LONG 18701.5

[dTraderB]

REEKS OF DESPERATION: CHINA effectively engineered a defacto devaluation as YUAN fell... will add to LONG A50 & HSI positions below 12050 & 16400

[dTraderB]

My FF is FED BLABBERERS & BLUNDERERS will try to gently walk back the IRRATIONAL EXUBERANCE & INSANE DELUSIONAL DOVISHNESS generated by POWELL'S utterings. Has FED abandoned INFLATION BATTLE 6 months before an election? POLITICAL MOTIVES?

[dTraderB]

NVDA 925 PUT LIMIT ORDER should be filled above 925

[12SPX]

Will be interesting the next couple of months what they say if inflation remains around 3% for sure d!!  Nice thing about holding a position is you don't rush to get into trades lol!!  Is way easier selling super inflated premium on calls as one little dip and they drop like a rock lol!!  For example was selling the April expiration cycle 5400 calls yesterday at $31 that expire on April 19th and today with this little dip they're around $23 lol!!  Even the 5500 hit $10, now way down.  Anyhow also adjusted my average shorts to be at 5270 and 18430, may even add a little more today we'll see.  It's interesting the market isn't up considering bond yields have dropped like a rock today but as I've mentioned before I'm still waiting for that transition from people taking profits on stocks and buy high yielding safe bonds to add to them and be safe for the year.  With the S&P going straight up almost +10% in the first 3.5 months, why not just take some profits and sit back.  Will be interesting to see where were at the end of the year, +30% or around where we are now.  I'm just looking forward to that first rate cut and the markets actual reaction and when we see that first -2% down day, now 253 days since...

[redfoliage2]

The market currently is in over bought conditions with the ST upside very limited.  I'd not be surprised to see a pull back early next week  ...................................

Edited by redfoliage2, 22 March 2024 - 12:50 PM.

[redfoliage2]

The market currently is in over bought conditions with the ST upside very limited.  I'd not be surprised to see a pull back early next week  ...................................

Red flag flashing - Both SPX and NDX AD lines down since yesterday..................

Edited by redfoliage2, 22 March 2024 - 02:34 PM.