AI BUBBLE in progress... do not deny it...
#1
Posted 29 May 2024 - 07:41 AM
NQ 18775 LONG
ES LONG 5284.5
Net long 1 each
#2
Posted 29 May 2024 - 07:49 AM
Holding 3 NVDA PUTS, small LONGS in aapl, smci, AMZN, few others; SPY & QQQ OUTS
Good net return in May but here comes JUNE_AUGUST, a difficult trading period.
#3
Posted 29 May 2024 - 07:57 AM
Dallas Fed's May service sector survey, Richmond Fed may business survey
Federal Reserve releases Beige Book of economic conditions; New York Fed President John Williams and Atlanta Fed chief Raphael Bostic speak
US Treasury sells 7-year notes, 2-year floating rate notes
US corporate earnings: Salesforce, HP, Agilent Technologies
South African National Assembly Election
#4
Posted 29 May 2024 - 07:57 AM
Welcome back d, I'm tempted to take the rest of summer off and just let my options decay but for now made a nice 50 point profit on my ndx trade and now profit stopping my ES at 5290 for the cash open. As I just said on your old thread,
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...
Edited by 12SPX, 29 May 2024 - 07:57 AM.
#5
Posted 29 May 2024 - 08:03 AM
likely see that opening pop so out of my ES trade for a 35 point profit so lets see how the open goes to resell and went long the ndx at 18775 but just for that pop lol!!
#6
Posted 29 May 2024 - 08:32 AM
And there it is profit stop 18776
#7
Posted 29 May 2024 - 08:33 AM
might as well even it out, profit stop 18880
#8
Posted 29 May 2024 - 08:41 AM
Out for a 15 point profit adjusting
#9
Posted 29 May 2024 - 08:42 AM
Holding 2
Will SELL I NVDA PUT if NVDA TEADES BELOW 1110
#10
Posted 29 May 2024 - 08:44 AM
Welcome back d, I'm tempted to take the rest of summer off and just let my options decay but for now made a nice 50 point profit on my ndx trade and now profit stopping my ES at 5290 for the cash open. As I just said on your old thread,
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...