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AI BUBBLE in progress... do not deny it...


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#1 dTraderB

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Posted 29 May 2024 - 07:41 AM

HEDGES :
NQ 18775 LONG
ES LONG 5284.5

Net long 1 each

#2 dTraderB

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Posted 29 May 2024 - 07:49 AM

RESTFUL, RELAXING, badly-needed VACAIION. Next major one last week of Augudt & 1st week of September.

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 dTraderB

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Posted 29 May 2024 - 07:57 AM

Key developments that should provide more direction to U.S. markets later on Wednesday:
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 12SPX

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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 12SPX

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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 12SPX

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Posted 29 May 2024 - 08:32 AM

And there it is profit stop 18776



#7 12SPX

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Posted 29 May 2024 - 08:33 AM

might as well even it out, profit stop 18880



#8 12SPX

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Posted 29 May 2024 - 08:41 AM

Out for a 15 point profit adjusting



#9 dTraderB

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Posted 29 May 2024 - 08:42 AM

Closed 1 NVDA PUT

Holding 2
Will SELL I NVDA PUT if NVDA TEADES BELOW 1110

#10 dTraderB

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Posted 29 May 2024 - 08:44 AM

Could be a more active Summer in this election year... I will do more ST & VST trades, also some of your type of OPTION trades.

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...