SPY
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.
Unlimited QE from the Fed, and now they can but ETFs too. Sheesh they're just pulling everything they can out of this hat
Whoa, big green candle
lol don't go trolling people.
Whoa excel spreadsheets for days incoming. BTW get some sleep lol, up at 4:30am doing this stuff? Too much dedication. Keep up the good work. What targets you got that still haven't been hit?
Futures looking uuuuuuugly
Futures already recovering, only down -.20% which is paltry. But futures don't really matter until around 9am, so we'll see how they want to spin this.
Yep, futures already dying
Futures were up over 1% a bit ago, starting to give it back tho. We'll see how far the mango wants to pump this rally up before it pops from all the helium. And the trade war cycle continues i suppose
Good to see you back. Hope it was a good break or vacation!
That sounds pretty rough, good to see you back though
Man, that's real deep ITM. Is it mainly to hold it's value while you wait for a big move? I always go OTM, want to hear the reasoning.
SPY seems to have found a bottom in AH, was down another -1.9% and it already recovered pretty much all of it
Yeah i was pretty conservative this time around. Holding some VIX calls out to January, we'll see how high they go, want sure when this plummet would happen. Could have tripled my money already, instead im gonna get like 20%
Don't look now...
Well now, that's a pretty sudden drop
Futures don't really matter this early in the night, they already flip flopped back down. And who knows, by morning they might flip back positive.
Probably around $32.5
By my calculations around 700k worth of UVXY total you have accrued, gl my friend
FOMC minutes are 2pm, JPowell usually speaks 2:30pm
Isn't "Trust, but verify" the motto if the KGB? :)
I agree he won't cut rates. The fed is getting pressed by the Donald for sure. If anything i think we could use another .25-.50 rate increase. The market is right around ATH and the economy is still more than thriving.
A rate hike or 2 to start throwing some money to reduce the national debt would be the best thing to do, rather than sticking with the status quo. They are focused on things like the inflation rate, while the national debt is out of control.
Yeah it's already almost recovered from it. Idk how the futures boys do it so wishywashy and all night long.
Futures taking a rather abrupt nosedive. Something about more tariffs, as usual.
And you want to be my latex salesman
I have seen the VIX go up with SPY plenty of times. Sometimes it is significant, sometimes it isn't.
The boys can just wait until later in the day to drop the floor out of the VIX, with SPY not even needing that much of a move. Though it can just keep on rising too. It's anyone's guess really.
We'll have to see if the 50MA on the daily wants to slap the SPY down, or keep the ripper going
I have a gap still showing at 285.61, but it got real close to it with 285.55 posting as HoD, maybe I should just consider it filled.
Do you have a list of un-filled SPY gaps? I know someone around here does. Would be interesting to peak at.
Looking like she just wants to keep on ripping. Dunno if we'll tag that 280, unless you're seeing something I'm not
The boys get the inside scoop on ISM numbers early my guess
That's pretty cool man. I need to learn to do this to your level. My TL game is very weak.
Do you have a particular method or mentor where you learned to do it the way that you do? Books? Youtube?
Pretty close prediction here. How did you come to this conclusion? You use fibs or something?
Lows on the market? Or lows of the VXX?
Yeah maybe some time soon, were sitting a wee bit close to the 200 sma on the Daily, could be a spot where we start bouncing back. That or we break through it and Power7/11 ushers in his reign of darkness with all his puts he has been holding.
I see you flip flop trading between SPY and the Qs, what situations do you prefer one over the other?
I have been thinking of dipping my feet into daytrading the Qs and wondering what situations make it shine more.
She dumpster diving now
The Donald brought 6 more months worth of delayed tariff talk, putting a bit more ease on the trade war and more than ample amount of time for both sides to think they are closing in on a deal.
Surely they will continue the song and dance and keep this charade going, while never actually signing an actual trade deal. But in the meantime, this extra time can be seen as bullish by the market.
The threat of increasing the tariffs is what kicked this selloff, well off. Could just as easily go rippy mode and squeeze some shorts. If only for a little bit.
I know it's a silly thing, but the all caps wad driving me nuts too. Thx for adjusting. I too can see us hitting that that 279 area by tomorrow, if there's no deal. We're not too far away now. We will just have to see how the day goes, and what happens during futures tonight. Could be brutal.
Yep. Same news, and same effect.
I agree, market showed that it is still strong today.