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Enjoy the HUGE SHORT SQUEEZE RALLY ... ES 5600 possible


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#41 12SPX

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Posted 28 May 2024 - 01:59 PM

Starting my ndx short build at 18850, nice round number!!



#42 12SPX

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Posted 28 May 2024 - 03:14 PM

Well that was fun going into the close with an average short of 5320 on the ES and 18875 on the ndx even though bond yields are on the rise!!! 



#43 12SPX

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Posted 29 May 2024 - 06:53 AM

Well how about that, up early to the market way down as bond yields continue higher.  You know things are interesting when you see on CNBC ap that bonds are no longer valid lol!!  Profit stop 5300 and out of my ndx trade at18825 for a 50 point profit...



#44 12SPX

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Posted 29 May 2024 - 07:54 AM

profit stop 4290, see how the cash market open goes to sell higher if hit.  Whats very interesting for my theory of people getting out of stocks for bonds to rally, I see the S&P 500 earnings yield risk premium is hitting 0 again.  With the S&P500 up +11 for the year maybe even a 2-yewar yield almost at 5% isn't a bad idea...