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Ashy, your CMG short is starting to look better and better.
Hope you made some money. Not in it yet, still watching.
~d
OT: I've got to ask you this. Why 'dead' Jim?
Where I will add more shorts.~d eom
s/t Hurst projection to 312.~d
In addition, NAZ had a positive breadth climax over the last two days. The last one was on May 11, which was followed by a short correction prior to rallying, as were other ones.
Agenda 21, and yes, it's related to the stock market.~d eom
Persdreverance,
Thanks for the reply. I understand how difficult your position is and how hard it is to please everyone. I have friends who were moderators and stepped down because of issues like this.
However, having said that, not one post - not even one - regarding the pandemic as being true has been deleted until I asked another moderator to delete N's post today. I really didn't want to do that.
So the middle ground I think would be to leave all of them as long as they say OT (and maybe post it as a sticky?) or to delete all of them?
Respectfully,
~d
:)~d eom
Yup.Not low volume at all,. just low retail volume.~d eom
I agree (bull trap). However, gap close from February if we make it to 311.~d
Added to June 20 expiry 300 puts at eod.~d
Everyone run look at expiry tomorrow on SPY options and take a guess where price will end up.
Weeeee!!!!
There is a great short there from the rally at the eod, today. Hopefully it won't fulfill during the Globex session.
I am seriously thinking of going to overnight trading.
Gap at 311 back in February.~d eom
Could be. Back in March I projected to 3270, but thought that the Hurst low due in June would put a nice corrective blip in the rally. Hasn't happened yet.
Still think we hit that 'under 300' whipsaw we saw last week at some point in the future, but doesn't look like it will be this week.
I haven't done due diligence in years, lol.EoM
Anyone buy into TTOO when I mentioned it at .84? Now at 1.07. I just bought some more. Biotech company that received FDA approval for a coronavirus test kit study.
Strong res at 1.40 and 1.80 or so and a lot of people bought uber shares at 50 cents. I just bought more today.
~d
edit: Interesting who owns institutional shares of the company. From dbtnews.com:
T2 Biosystems Inc. [TTOO] Insider Position Details
There are presently around $8 million, or 9.60% of TTOO stock, in the hands of institutional investors. The top three institutional holders of TTOO stocks are: GOLDMAN SACHS GROUP INC with ownership of 4,358,817, which is approximately 0.791% of the company’s market cap and around 0.70% of the total institutional ownership; VANGUARD GROUP INC, holding 2,212,336 shares of the stock with an approximate value of $1.63 million in TTOO stocks shares; and BLACKROCK INC., currently with $0.76 million in TTOO stock with ownership of nearly 0.048% of the company’s market capitalization.
Positions in T2 Biosystems Inc. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 27 institutional holders increased their position in T2 Biosystems Inc. [NASDAQ:TTOO] by around 2,551,476 shares. Additionally, 20 investors decreased positions by around 1,964,365 shares, while 10 investors held positions by with 6,934,964 shares. The mentioned changes placed institutional holdings at 11,450,805 shares, according to the latest SEC report filing. TTOO stock had 9 new institutional investments in for a total of 537,634 shares, while 13 institutional investors sold positions of 567,479 shares during the same period
It does look a little early on my longer term charts, but you've had good luck with that stock.
Hope you have a strategy if it goes up. Nothing more helpless than watch theta eat away at an option for me.
Don't fight the Fed?
Repost from another board: 100K contracts respectively on 306 and 307 SPY calls expiry ending tomorrow and 100K on 306, 305 puts.
Someone is betting a lot of money that the SPY will end up between those strikes tomorrow if they are sell straddles.
Oops, wrong board.eom
100K contracts respectively on 306 and 307 SPY calls expiry ending tomorrow and 100K on 306, 305 puts.
Someone is betting a lot of money that the SPY will end up between those strikes tomorrow if they are sell straddles.
I am not talking of longer term here and I see no possibility of a crash at least until the end of the summer; I actually think the summer will potentially be up, up and away; particularly for oil and gas and leisure stocks.
I am speaking of short term correction here into the Hurst low.
First 294, then....
I just came on the board to post that I was getting some very strong down signals for tomorrow on Globex, and the Hurst June low may be setting up, when I saw your post.
I have a s/t projection for 291, and outstanding ones not fulfilled for 274 and 264-258 (which I have posted about for a while now, the last two).
That short algo poke down at about 2:53 pm to to 300.07 looked like it was just testing support, but did some serious damage to supports on some of my intra-day indicators.
https://investorshub.advfn.com/uimage/uploads/2020/5/29/oxsgvsc_0529_vix_to_vixx_3.png
Getting some very strong down signals (Globex) on longer term intra-da7 charts, cancel the 'slow upward grind'hypothesis for this week from previous post.
~d
Nuh uh. Enigmatic doesn't count. Spit it out.~d
Nice fractal discovery. Theere was one though, that hit the horizontal line and turned around back up to rally (2014).~d
Fitzwell, Hurst methodology is a self correcting model with many movable parts. We could conceivably go up until a few days before the low (it's the 20 week), which would be incredibly bullish (a right translated peak before a low) looking forward for the summer.
Even starting down next week into the low would be bullish going forwards as price kept climbing past the 10 week low (which would be the current 20 week high).
I don't like to fade a looming multi week low as a rule, which is why I am watching my charts very carefully at the moment.
Sentient Trader has a good update in April regarding the upcoming June low and also videos and also, some great web articlesbasic rules of Hurst trading. His last low in May was spot on:
It's still in the cards, Nebuchanessar (May I abbreviate that in the future?),
Looking through some of my chats, and not finished, bu so far looking good for continued upward grind next week with some whipsaws, barring major news. Sentiment and options p/c getting up there but not to toppy yet, etc.
But some important cracks under the surface, and resistances up ahead, particularly for $NYSI which has reached an are of long term resistance..
Also, I don't remember who used KOSPI as a guide, but I thought it was a great idea. It lagged today and SVXY continues to lag. IWN to MTUM ratio also not pointing to much further upside rally s/t.
Here's just few others:
That little whipsaw down after 2:00 PM today that was over before it started may be important and price may be revisited there at some point next week:
and this bears watching:
More, but out of time. Have a good weekend, everyone.
~d
Which is why Sherlofsky does so well on the SPY (mean reversion).~d eom
As of yet, the SPX has been trending up on high gamma (floor at support a few points above highs and trending up) and people buying vol (puts). High gamma also provides mean reversion.
However, looks like selling vol is starting to peek it's head in (selling puts), which is a warning sign for continuing rally s/t considering we just crashed two months ago and Hurst June low is coming.
Anyone remember this post?
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=155879054
SPY rallied a few points and then tanked to 300 and change where they presumably distributed the shares borrowed at 304 for landing ITM.
They received remium for selling 100K contracts at 300 call strike, 3/27 expiry, premium for 100K 300 put strike, same expiry, plus profit from approximately 3 to 4 dollars X 10 million shares.
Minus two days interest, of course.
Very cute. I have always been a fan of outright mentoring to hints and riddles.
That young grasshopper stuff is for the birds.
Literally.
:)
SVXY stil lagging...~d eom
Not so sure, my calls were picked up way too fast and my hourly doesn't look as good as yours. The jury is out for me as of now, and loaded up both ways.
~d