146 replies to this topic

[dTraderB]

Urban Carmel (@ukarlewitz) posted at 3:59 PM on Fri, Mar 15, 2024:
$SPY down 3 days in a row for the first time since January 4
(https://x.com/ukarle...7618278511?s=03)

Helene Meisler (@hmeisler) posted at 10:50 AM on Sat, Mar 16, 2024:
Consensus bulls are, well, quite bullish. Current reading is 79. Hasn't been 80 or above in 20 yrs!
Been keeping data since 1987. Been 79 or more only 6 other times. https://t.co/cqTQk7BemB

HUGE BEARISH POLL! TOO BEARISH...
Helene Meisler (@hmeisler) posted at 1:12 PM on Sat, Mar 16, 2024:
The results are in and folks lean bearish once again. Three of the last four weeks have been voted 'down' and the market is mostly flat in that time.
So maybe we're not getting -100 but directionally you guys have been correct.
Thanks for voting! https://t.co/75nH9B7oqJ
(https://x.com/hmeisl...2137595293?s=03)

[dTraderB]

This is a good thread, another one:

Tom McClellan (@McClellanOsc) posted at 7:36 PM on Sun, Mar 17, 2024:
The 2-year will tell us what the Fed is going to do. But WHEN the Fed gets around to doing that is highly variable, and causative of big problems when the Fed is slow to do its job. https://t.co/E6rRcHU7lp
Mark Ungewitter (@mark_ungewitter) posted at 2:44 PM on Sun, Mar 17, 2024:
Ultimate seer is Professor UST2Y, for my money. 😎https://t.co/tAseu0SIrL

Tom McClellan (@McClellanOsc) posted at 6:02 PM on Sun, Mar 17, 2024:
Correct. The "credit" for the drop in the inflation rate belongs to planet earth, which went through a warming period from 2018-20. CPI matches the footsteps of temperatures, with a ~3-year lag.
Up next: the echo of a cooling phase, which will bring rising prices in 2024. https://t.co/4DSBmxVt1P
Judy Shelton (@judyshel) posted at 3:54 PM on Sun, Mar 17, 2024:
My piece in tomorrows Wall Street Journal questions the Feds model for fighting inflation. Fed officials like to say weve made progress toward their 2% inflation targetbut would be hard put to explain why inflation has come down as a result of the Feds restrictive rates.
(https://x.com/judysh...7195814000?s=03)

[dTraderB]

Closed ES LONG 5224
CLOSEF BQ LONG 18274 5

HOLDING I NQ LONG

Closed NQ LONG 18212.5
CLOSED ES LONG 5207

HOLDING 2 NQ & 1 ES HEDGE LONG

[dTraderB]

USDYEN SHORT is a risky trade but will open a new position 149.25 LIMIT SELL & add above 149.9, 150.55

[12SPX]

Was worried that going into the weekend in cash was going to be bad but had a feeling that the hopeful bulls would come out to ramp the market up and of course they have even though bonds have barely moved down off that 4.30% level.  So it looks like we'll see another opening gap on the upside so we'll see how it goes after the cash market is open, still have so many below that need to be filled.  Average short going in is 5213 on the ES and 18211 on the ndx and am adding to my sold options for this April expiration cycle which I am anticipating is going to be quite volatile in the end....

[dTraderB]

Doing this ASAP!

GOOGL UP 5%. NASDAQ MARKET TRADING PROBLEMS...
Both NVDA & AAPL UP, will close a few AAPL CALLS & 1 NVDA CALL if these do not go dowb

↗ Nvidia (NVDA): The chip-making behemoth will kick off its biggest developers conference of the year on Monday. Shares rose premarket.

[dTraderB]

Closed NQ 18324.5

Closed ES LONG 5224
CLOSEF BQ LONG 18274 5

HOLDING I NQ LONG

Closed NQ LONG 18212.5
CLOSED ES LONG 5207

HOLDING 2 NQ & 1 ES HEDGE LONG

[12SPX]

There we go, nice pop to get my averages evened out, ES 5220, ndx 18250....  This is tempting to just sit back and hold for a week but we'll see as usual lol!! 

[dTraderB]

Closed both NVDA CALLS
UP 40!
Will close more AAPL CALLS but holding the stock

Doing this ASAP!

GOOGL UP 5%. NASDAQ MARKET TRADING PROBLEMS...
Both NVDA & AAPL UP, will close a few AAPL CALLS & 1 NVDA CALL if these do not go dowb

↗ Nvidia (NVDA): The chip-making behemoth will kick off its biggest developers conference of the year on Monday. Shares rose premarket.

[dTraderB]

Will reopen NVDA CALLS below 910
NQ LONG BELOW 18290