99 replies to this topic

[dTraderB]

Low ATR = nonsensical trades...

[dTraderB]

Close es 5917

Es long 5901.5

20596.5

Nq long 20595

[dTraderB]

Close nq 20662.5

Close es 5917

Es long 5901.5

20596.5

Nq long 20595

[dTraderB]

Es long 5911.75

[dTraderB]

Nq long 20641

Es long 5911.75

[dTraderB]

That's it for BANKS, until after a pullback.
Closing all - XLF, C, BAC, WFC, JPM. Good earnings but not spectacular gains as is the case with NVDA & others in the AI sector.

[dTraderB]

Will open new A50 & HSI LONGS now.

Key developments that should provide more direction to U.S. markets later on Tuesday:
US corporate earnings: Bank of America, Goldman Sachs, Citigroup, State Street, PNC, Progressive, Charles Schwab, Omnicom, Johnson & Johnson, Walgreens Boots Alliance, Unitedhealth, United Airlines, JB Hunt etc
New York Fed September manufacturing survey, NY Fed Oct survey of consumer inflation expectations; Canada Sept CPI inflation
Federal Reserve Board Governor Adriana Kugler, San Francisco Fed President Mary Daly and Atlanta Fed chief Raphael Bostic all speak. European Central Bank President Christine Lagarde speaks
US Treasury sells 3-, 6-month bills

[12SPX]

Awwwwww back to normal and btw not one turkey was slain this weekend lol!!  Nonetheless started placing some very over inflated call sells as premiums on November call trades are incredibly overvalued as were September and Octobers.  At the same time building my second biggest short of the year at an evened out 5835 with latest sells above 5910 which I may buy back those on a pullback as sentiment is now in the extreme area, technically extremely overbought and the market earnings are priced for perfection let alone all of the geo politic events sitting out there.  Healthy markets have volatility on increasing volume not falling volume and only look to the sky after a big correction so think things will get interesting the closer we get to the election. 

[dTraderB]

Add LONGS: BUY LIMIT HSI 20375, BUY LIMIT A50 13350

Will open new A50 & HSI LONGS now.

Key developments that should provide more direction to U.S. markets later on Tuesday:
US corporate earnings: Bank of America, Goldman Sachs, Citigroup, State Street, PNC, Progressive, Charles Schwab, Omnicom, Johnson & Johnson, Walgreens Boots Alliance, Unitedhealth, United Airlines, JB Hunt etc
New York Fed September manufacturing survey, NY Fed Oct survey of consumer inflation expectations; Canada Sept CPI inflation
Federal Reserve Board Governor Adriana Kugler, San Francisco Fed President Mary Daly and Atlanta Fed chief Raphael Bostic all speak. European Central Bank President Christine Lagarde speaks
US Treasury sells 3-, 6-month bills

[dTraderB]

The *REAL* OCTOBER PLUNGE COMING SOON....