146 replies to this topic

[dTraderB]

LIMIT ORDERS- SMH 215 & 220 PUT
Prefer 220 MAY17

[dTraderB]

"The central bank policy party rolls on into Wednesday with China and Indonesia under the spotlight in Asia ahead of the main event in Washington later in the day, as investors continue to digest the Bank of Japan's historic rate hike the day before."

Key developments that could provide more direction to markets on Wednesday:
China LPR decision
Indonesia monetary policy decision
U.S. Fed policy decision

[dTraderB]

Closed 1 NQ 18316.5
Closed ES 5243
HOLDING 1 EACH
WILL ADD LOWER
---

Closed ES 5222
& NQ 18196.5
WILL REOPEN LOWER
HOLDING 2 ES & 2 NQ HEDGE LONG

Added ES 5195
NQ 18135.5

BULLS could not hold on to most of the early rally... is this mere profit-taking, or major LONG LIQUIDATION ON ANY RALLY?

Not adding any ES OR NQ HEDGE LONGS unless market falls below NQ 18100 & ES 5195

[dTraderB]

With BITCOIN pulling back, I eant to buy the ETF. Here is a list, doing research;

Top Bitcoin ETFs
Fund (ticker) YTD performance Expense ratio
Source: etfdb.com
* On August 1, 2024 this fund will start charging 0.25 percent annually.
** On August 3, 2024 this fund will start charging 0.19 percent annually.
IShares Bitcoin Trust (IBIT) 19.2% 0.12%
Fidelity Wise Origin Bitcoin Fund (FBTC) 19.3% 0%*
ARK 21Shares Bitcoin ETF (ARKB) 19.5% 0.21%
Bitwise Bitcoin ETF Trust (BITB) 19.0% 0.20%
VanEck Bitcoin Trust (HODL) 19.1% 0.25%
Valkyrie Bitcoin Fund (BRRR) 19.2% 0.25%
Franklin Bitcoin ETF (EZBC) 19.2% 0%**

ANY RECOMMENDATIONS?

[dTraderB]

Key developments that should provide more direction to U.S. markets later on Wednesday:
U.S. Federal Reserve's policy decision, quarterly projections and press conference
European Central Bank President Christine Lagarde, ECB chief economist Philip Lane and ECB board member Isabel Schnabel all speak in Frankfurt
U.S. corporate earnings: Micron Technology, General Mills

[12SPX]

Another morning with the market working through extremes, which btw has seen 251 days without the market seeing a -2% down day and the last time we were at this many days was back in 2017 so its scary to go long overnight here lol!!  The interesting thing is that the market continued on for another 100 days without a fall but overall only saw a about a +30% rally, currently were well over +40% so wouldn't be to hard to happen anytime.  Anyhow, added to my shorts giving me an average of 5220 and 18212.  Going to be an interesting day for sure with the Fed announcement and the initial moves are always best to ignore so we'll see what happens as we get closer. 

[12SPX]

With BITCOIN pulling back, I eant to buy the ETF. Here is a list, doing research;

Top Bitcoin ETFs
Fund (ticker) YTD performance Expense ratio
Source: etfdb.com
* On August 1, 2024 this fund will start charging 0.25 percent annually.
** On August 3, 2024 this fund will start charging 0.19 percent annually.
IShares Bitcoin Trust (IBIT) 19.2% 0.12%
Fidelity Wise Origin Bitcoin Fund (FBTC) 19.3% 0%*
ARK 21Shares Bitcoin ETF (ARKB) 19.5% 0.21%
Bitwise Bitcoin ETF Trust (BITB) 19.0% 0.20%
VanEck Bitcoin Trust (HODL) 19.1% 0.25%
Valkyrie Bitcoin Fund (BRRR) 19.2% 0.25%
Franklin Bitcoin ETF (EZBC) 19.2% 0%**

ANY RECOMMENDATIONS?

Haha, I'm short from $70,000 with a $65,000 profit stop for $5000 lol! 

[dTraderB]

NQ 18290 LONG

Closed 1 NQ 18316.5
Closed ES 5243
HOLDING 1 EACH
WILL ADD LOWER
---

Closed ES 5222
& NQ 18196.5
WILL REOPEN LOWER
HOLDING 2 ES & 2 NQ HEDGE LONG

Added ES 5195
NQ 18135.5

BULLS could not hold on to most of the early rally... is this mere profit-taking, or major LONG LIQUIDATION ON ANY RALLY?

Not adding any ES OR NQ HEDGE LONGS unless market falls below NQ 18100 & ES 5195

[dTraderB]

ES 5236 LONG

NQ 18290 LONG

Closed 1 NQ 18316.5
Closed ES 5243
HOLDING 1 EACH
WILL ADD LOWER
---

Closed ES 5222
& NQ 18196.5
WILL REOPEN LOWER
HOLDING 2 ES & 2 NQ HEDGE LONG

Added ES 5195
NQ 18135.5

BULLS could not hold on to most of the early rally... is this mere profit-taking, or major LONG LIQUIDATION ON ANY RALLY?

Not adding any ES OR NQ HEDGE LONGS unless market falls below NQ 18100 & ES 5195

[dTraderB]

Will hold 1 NVDA CALL but will open a PUT above 905
Added 1 QQQ PUT
LIMIT ORDERS TO ADD 1 EACH QQQ, SPY PUT above NQ 18400, ES 5255