81 replies to this topic

[12SPX]

profit stop 5475 sell above

[12SPX]

profit stop 5470

[redfoliage2]

BTW, I see no Fed rally before the Fed actually cuts 50 bpts.  So far the Fed has indicated only cutting 25 bpts at the Sept meeting, which has been baked into the stock prices.  Thus, the market needs to go further down to pressure the Fed for more  ...............

Well, AAPL stock price is going down today while Apple is hying on its AI boundled iphone on its WWDC 2024.  Not many of us need an AI bundled cell phone at an inflated price................... 

Edited by redfoliage2, 09 September 2024 - 01:20 PM.

[12SPX]

out for a 10 point profit

[12SPX]

Wish I had put in a buy rogue trade in the ndx overnight at 18600 but oh well I am short the ES with an average 5490 this morning so we'll see about offsetting that this morning after this pop today.  The market is likely to continue grinding away and volatile at least up to the Fed meeting and then we'll see.  Lots of people want to see a .50 point but but shouldn't as the market has always been way down a year later as it means things are slowing down to much according to Charlie Bilello.  Anyhow think this is what is going to keep the market in check as it trys to make big gains!! 

 

[12SPX]

profit stop 5488

[12SPX]

bam, out for a 2 point profit and back in building a short 5490....

[12SPX]

And look at that lol, profit stop 5485

[12SPX]

profit stop 5480

[12SPX]

profit stop 5475