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Should I trade this week?


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#21 dTraderB

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Posted 05 November 2024 - 07:14 AM

Longview Economics (@Lvieweconomics) posted at 10:50 AM on Mon, Nov 04, 2024:

This level of US household enthusiasm for stocks usually doesn't end well!

On most prior occasions when consumers have been this enthusiastic about stocks (since 80s), the market has taken a major tumble. See chart

Examples:

Jan 2018 -> not a good year for stocks

start of https://t.co/lcCmucoxij
(https://x.com/Lviewe...9911785564?s=03)

#22 dTraderB

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Posted 05 November 2024 - 07:16 AM

Longview Economics (@Lvieweconomics) posted at 8:06 AM on Tue, Nov 05, 2024:

Index put-to-call ration is at its highest level since October 2021!

Longview Economics (@Lvieweconomics) posted at 10:50 AM on Mon, Nov 04, 2024:

This level of US household enthusiasm for stocks usually doesn't end well!

On most prior occasions when consumers have been this enthusiastic about stocks (since 80s), the market has taken a major tumble. See chart

Examples:

Jan 2018 -> not a good year for stocks

start of https://t.co/lcCmucoxij
(https://x.com/Lviewe...9911785564?s=03)



#23 dTraderB

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Posted 05 November 2024 - 07:18 AM

Tom McClellan (@McClellanOsc) posted at 3:10 PM on Mon, Nov 04, 2024:
Preliminary CBOE Put/Call Volume Ratio on Nov. 4 at 2PM ET is officially "pretty far up there". https://t.co/LMrXBR6YL1
(https://x.com/McClel...0312819118?s=03)

Longview Economics (@Lvieweconomics) posted at 8:06 AM on Tue, Nov 05, 2024:

Index put-to-call ration is at its highest level since October 2021!

Longview Economics (@Lvieweconomics) posted at 10:50 AM on Mon, Nov 04, 2024:

This level of US household enthusiasm for stocks usually doesn't end well!

On most prior occasions when consumers have been this enthusiastic about stocks (since 80s), the market has taken a major tumble. See chart

Examples:

Jan 2018 -> not a good year for stocks

start of https://t.co/lcCmucoxij
(https://x.com/Lviewe...9911785564?s=03)



#24 dTraderB

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Posted 05 November 2024 - 07:21 AM

Jason Goepfert (@jasongoepfert) posted at 10:44 AM on Mon, Nov 04, 2024:
Volume in VIX puts was more than 2x that of calls on Friday.

That's one of the highest turnovers in 15 years. It has typically spiked at times of extreme anxiety. https://t.co/UOvODNiQLC
(https://x.com/jasong...8950535459?s=03)

Tom McClellan (@McClellanOsc) posted at 3:10 PM on Mon, Nov 04, 2024:
Preliminary CBOE Put/Call Volume Ratio on Nov. 4 at 2PM ET is officially "pretty far up there". https://t.co/LMrXBR6YL1
(https://x.com/McClel...0312819118?s=03)

Longview Economics (@Lvieweconomics) posted at 8:06 AM on Tue, Nov 05, 2024:

Index put-to-call ration is at its highest level since October 2021!

Longview Economics (@Lvieweconomics) posted at 10:50 AM on Mon, Nov 04, 2024:

This level of US household enthusiasm for stocks usually doesn't end well!

On most prior occasions when consumers have been this enthusiastic about stocks (since 80s), the market has taken a major tumble. See chart

Examples:

Jan 2018 -> not a good year for stocks

start of https://t.co/lcCmucoxij
(https://x.com/Lviewe...9911785564?s=03)



#25 dTraderB

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Posted 05 November 2024 - 07:26 AM

McOsc should drop near or below -200 this week, lowest sonce August:

https://www.mcoscill...t_breadth_data/

Jason Goepfert (@jasongoepfert) posted at 10:44 AM on Mon, Nov 04, 2024:
Volume in VIX puts was more than 2x that of calls on Friday.

That's one of the highest turnovers in 15 years. It has typically spiked at times of extreme anxiety. https://t.co/UOvODNiQLC
(https://x.com/jasong...8950535459?s=03)

Tom McClellan (@McClellanOsc) posted at 3:10 PM on Mon, Nov 04, 2024:
Preliminary CBOE Put/Call Volume Ratio on Nov. 4 at 2PM ET is officially "pretty far up there". https://t.co/LMrXBR6YL1
(https://x.com/McClel...0312819118?s=03)

Longview Economics (@Lvieweconomics) posted at 8:06 AM on Tue, Nov 05, 2024:

Index put-to-call ration is at its highest level since October 2021!

Longview Economics (@Lvieweconomics) posted at 10:50 AM on Mon, Nov 04, 2024:

This level of US household enthusiasm for stocks usually doesn't end well!

On most prior occasions when consumers have been this enthusiastic about stocks (since 80s), the market has taken a major tumble. See chart

Examples:

Jan 2018 -> not a good year for stocks

start of https://t.co/lcCmucoxij
(https://x.com/Lviewe...9911785564?s=03)



#26 dTraderB

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Posted 05 November 2024 - 07:30 AM

IMPORTANT BOTTOMING PROCESS IN PROGRESS. BUT TOO MANY THINK SO! LOWER LOWS BELOW ES 5650 can create enough selling to create that low

Helene Meisler (@hmeisler) posted at 7:57 AM on Tue, Nov 05, 2024:
A few breakdowns from the put/call ratio on Monday.

VIX p/c ratio was 3.04. Last time we had a reading over 3.0 was 10/16/20, also had one on 10/8/20.
Prior to that: 9/26/11.
Prior to that: 2009

more...
(https://x.com/hmeisl...7807481311?s=03)

Helene Meisler (@hmeisler) posted at 7:57 AM on Tue, Nov 05, 2024:
A few breakdowns from the put/call ratio on Monday.

VIX p/c ratio was 3.04. Last time we had a reading over 3.0 was 10/16/20, also had one on 10/8/20.
Prior to that: 9/26/11.
Prior to that: 2009

more...
(https://x.com/hmeisl...7807481311?s=03)

McOsc should drop near or below -200 this week, lowest sonce August:

https://www.mcoscill...t_breadth_data/

Jason Goepfert (@jasongoepfert) posted at 10:44 AM on Mon, Nov 04, 2024:
Volume in VIX puts was more than 2x that of calls on Friday.

That's one of the highest turnovers in 15 years. It has typically spiked at times of extreme anxiety. https://t.co/UOvODNiQLC
(https://x.com/jasong...8950535459?s=03)

Tom McClellan (@McClellanOsc) posted at 3:10 PM on Mon, Nov 04, 2024:
Preliminary CBOE Put/Call Volume Ratio on Nov. 4 at 2PM ET is officially "pretty far up there". https://t.co/LMrXBR6YL1
(https://x.com/McClel...0312819118?s=03)

Longview Economics (@Lvieweconomics) posted at 8:06 AM on Tue, Nov 05, 2024:

Index put-to-call ration is at its highest level since October 2021!

Longview Economics (@Lvieweconomics) posted at 10:50 AM on Mon, Nov 04, 2024:

This level of US household enthusiasm for stocks usually doesn't end well!

On most prior occasions when consumers have been this enthusiastic about stocks (since 80s), the market has taken a major tumble. See chart

Examples:

Jan 2018 -> not a good year for stocks

start of https://t.co/lcCmucoxij
(https://x.com/Lviewe...9911785564?s=03)



#27 12SPX

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Posted 05 November 2024 - 09:27 AM

Well here we are, lets hope America is made great again tonight, yup if I lived there I would vote Trump in a heartbeat but then again I live on common sense not ridiculous accusations lol!!  Anyhow, make sure you go out and vote its an honor to live iin a free country at least for another 4 years we'll see after that if harris wins lol!!  I would have gone long at 5725 as the market touched down there overnight but I'm just watching lol!! 



#28 dTraderB

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Posted 05 November 2024 - 09:31 AM

Nq short 20180
Es short 5756.25

#29 dTraderB

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Posted 05 November 2024 - 10:04 AM

Es short 5790

#30 dTraderB

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Posted 05 November 2024 - 10:18 AM

Nvda up agaon, near 139.
Want to hold stock but hedge, will sell CALLS, 145 & HIGHER
ALSO HOLDING ALL SPY & QQQ CALLS, WELL-HEDGED

ALSO HOLDING HIGH RISK SMCI CALLS ... WILL ADD BELOW 26, EARNINGS LATER