Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Or it may be a bigger drop with time for back filling. Good point, though, we'll see.
~d
Hey Hunter, it started just when you staid it would. Great call. eom
OT: I can't believe that google replaced my link with a CBS link. Incredible. The link I posted is the first news item on the site at the top of the page.
https://alachuachronicle.com/page/2/?s=covid
This is unreal. Or rather, surreal.
OT: No, I'm tired of spoon feeding pro-covid conspiracy theorists the real data.
You have a conspiracy theory that people who think this is a hoax are conspiring to create false news.
Here's another one you can have fun with, though.
https://cbs12.com/news/local/i-team-deaths-incorrectly-attributed-to-covid-19-in-palm-beach-count
Most of the newspapers and TV channels in America, especially CNBC, are pressured by the government.
y
Max pain between - guess? - 320 and 321.eom
There are people reporting that they made appointments to get tested and didn't show up and then received notices they tested positive. Gov't denying it vehemently, of course.
It's a shell game and they're keeping our eye on the manufactured statistics.
One of my subs show that 'da boys' are selling this rise on the SPY.~d eom
Let go of rest of NVDA puts except for one sacrificial pawn I used to test the call side (bought a put at the low today at the midmark and wanted to see how fast they took it-inmmediately).
Still accumulating put/call straddles into September on appropriate highs/lows. Also puts for August 5th.
Re NVDA: I forgot how much those tech stocks can move in one day and how you can buy an option at expiry for fifty cents and close it a few hours later for a few dollars or more.
"On Main St., no one would pay 20x's earnings for any business..."
Oh yeah? How much do you think it costs to make a $7,000 Luis Vuitton bag or a $5,000 Hermes scarf?
Close the put? Sell the stock?...
OT: 200 ema on 4 hour on NVDA is 377.55.~d eom
Thank you, Hunter. GLTY and everyone here.
Should be good rally out of Hurst low in August. That should be the last rally and end of the bull market for a long time.
NVDA testing 200 ema on 1 minute from below.~D eom
I mean, 5 minute, 1 minute, etc...?
Dark pool selling on QQQ on this whole rise today. Short NVDA @ 412.87. Won't post exit, most likely.
~D
Stopped out and watching. Hunter, OBV is telling a different story if you're indicating long.
~d
The thing is...we never tested the 321.99 high...
One of my subs has dark pool selling on this QQQ rise.~d eom
What time frame, Hunter? Thanks.
Struggling to break through 200 ema on 1 minute @ 321.79 give or take.
Thanks, DrHarley, good point.~d eom
Took some profit on SPY puts. Market looks to rally. Will see if it is DCB or continuation of previous rally (I don't thinks so as of now).
~D
Closed /es calls (hedge) at 2560 at a slight loss yesterday and added again to puts today.
Also began today to build call position for Aug 17 calls @ 335 strike.
Will add more as price of call drops drops 50%, then 75%, etc.
Big negative divergence on four hour chart. Other charts not looking so healthy either and I am very weirded out by this recent gluey ticker tape thing.
Added /es longs as hedge ~d eom
LOL.eom
Adding to short.~d eom
Short futures. ~d
I don't like the way the SPY looks either, nor the trading looks on the ticker. Can't put my finger on it, but something feels wrong.
~d
So true, excellent.~d eom
No physical money equals greater control.
My charts don't look as happy as your charts.
Wanna' switch?
Oops. Ferda already posted it. Disregard previous post. eom
It's a bullish 3 star pattern.~ eom
For right now I think the market is about to explode upwards. Yes, I know I have changed my mind. I was influenced by the upcoming Hurst 20 week low in early August. 20 weeks is not a small trough and usually the market starts winding down a week or so before hand.
According to David Hickson of Sentient Trader, if the market is extremely bullish during an upcoming low, (20 weeks is not an insignificant low ) what will happen is that the market will peak very shortly (right translated peak), with very little warning before the low and there will be a strong decline after. Very scary.
The recent black swan event was one such occasion. The market peaked just before the early 4.5 year low (the peak was right translated and extremely bullish), then crashed into the low.
The subsequent furious rally that ensued after the March low is also the signature of an important low. It should have a fast and furious feel with a lot of momentum. The fact that the market moved so strongly from the March low is confirmation that it was indeed the 4.5 year low.
This is just a hypothesis going forward, but I am thinking there may be a similar fast and furious decline at the end of next week after earnings that may only last a few days.
300 would scare the heck out of everyone, for sure and then we should expect a ramp up to finish the peak of the 40 week cycle.
The 40 week trough is due around the end of December.
September~d eom
I was going to say I think we jump the creek up on Monday,
I have never in my life seen a ticker move like this and I am not a newbie. It's stiff, slow and sticky, like glue. I was actually watching trades go by on major stocks at about every 1 1/2 second.
if we don't jump the creek on Monday, it will be soon.
Added on rally to 407 and justlosed 60% of position at 404 and change, and letting the rest ride.
I have 392 as a projection, but it's options and a Friday...
~d
OT: Shorted NVDA at the bell.~d eom
I think he's a perfect gentleman.~d eom
What happened to the cornpo - er, colloquial accent? eom