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For sure, totally understand.
Been adding TZA and TZA June 19 $30 calls. Sure seems like it's gotta give soon, but never know these days...
http://schrts.co/bbTaRmfQ
I have no doubt that the crooks can take this to 1200, but 700 isn't 1000. Based on the golden cross that's about to happen I wouldn't doubt that it explodes upward. But that still doesn't change the fact that it's WAY overvalued.
LMAO! If only I had held the puts that long. Never expected it to tank like this. Took my $100 profit and ran after being down a bit. Missed out on A LOT.
Great call!
Grabbed a few 5/29 SPY 305 puts but can't get more than a few points pullback. Would love to see that 3043, but doesn't seem likely the way things are going.
All intraday timeframes riding high. You'd think something needs to break to give it more steam for a run at 3100 if it happens this afternoon or tomorrow. Holding some 5/29 305 puts from 1.21 but not cooperating.
Any chance we pullback this afternoon or just keep melting up?
Looks like the seller might be gone??? Money flow and volume indicators turning back up.
http://schrts.co/KiceiZsA
NEWS: AKA don't release anything that could possibly spook the markets.
JUST IN: The White House will not release an updated round of economic projections this summer, breaking from precedent as the US faces its deepest downturn since the Great Depression. An official told The Hill that it would be "foolish to demand such a forecast simply because that is business as usual, particularly when that forecast may mislead the public."
IWM going to 200MA a sure thing since it's so close? Up against the weekly 200MA right now so seems like once that breaks we're free to fly to the weekly 50MA at 147.82.
http://schrts.co/njaGmxng
I don't think there's an answer. The market is giving it a crazy valuation but they're probably the only ones that know why.
Thanks, DD.
This one looking good. B/A creeping up.
Agreed...
Why does everyone think CMG is worth this much? PE is more than DOUBLE or TRIPLE other top restaurant brands. This is a joke, IMO.
Wow sure hope those warrants are exercised ;o)
Buy programs definitely running at max. Doesn't seem like it's possible to get much of a pullback on this one. Couldn't even get the 38.2% retrace of the $16 move. Now they're trying to break the recent high all in one day.
Any chance this level holds as rez? Sure seems like we're going up up up, but...
http://schrts.co/ZUeJwdxk
Thanks. I'll use IWM. Just wanted the actual index so I could track it slightly better.
And it's all to get markets back to highs for the election...
Someone agrees. Is this a happy family thing, that everything needs to catch up to NDX?
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=155861520
http://schrts.co/ecZjtANa
So far it's not and has made it above the TL/channel. The markets are invincible.
Got it, thanks! Trying to trade TZA options but wanted to track RUT instead of IWM. Guess I don't have a choice. Appreciate the info, RCKS!
Good logic is don't use logic ;o)
RE: $RUT. Why isn't this available on StockCharts anymore? How can I chart RUT? TIA!
Gotcha thanks. Think IWM can go for R1 or even 200MA or maybe it starts going lower before SPX?
http://schrts.co/gGQEMicX
100% retrace??? Wowsa!!!
Did yesterday's gap get filled on that down move? I'm sure we see a move above 3000 soon enough. Added a Spy 305 call just in case.
Nice. Spread is so wide but trying to add more myself.
Missed all the selling while in meetings. Probably the lows and we try for 3000 again.
Looks like it was GAP GAP GAP. The only way to break resistance these days.
Congrats on the run man. Been watching it forever and have been buying puts for the last few days. Never thought it would go this far. Hoping we can all get back in after a nice pullback.
Some? LOL! Up 100% in just over a week. Sure looking like blowoff top...
Selling AH I'm sure. Just gonna grind us during RTH or gap gap gap. I sold my last SPY 300 call at 7.55 this afternoon around DJIA +700. Didn't want to risk losing the gains.
Thanks. All good, just wanted to know what you thought. Appreciate your time!
Saw that. Thanks for your help! Any thoughts on CMG? DowDeva brought that up on another board so I grabbed some June 900 puts around 1039 after looking at the chart. Support pretty heavy here, but we're at ATHs and, much like DD, I'm confused as to why.
http://schrts.co/IkwJyydx
26000+ here we come!
Thanks. 30-min 50MA is at 28.55 so I'm looking for that next if we can break and hold below 30.
http://schrts.co/hWHDYUnX
They just tricking us LOL