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Will be your kinda volatile day tomorrow :)
https://www.cmcmarkets.com/en-gb/news-and-analysis/hotter-than-expected-us-cpi-could-send-markets-on-volatile-ride
Crypto blowup is what will trigger VIX explosion reminiscent of mortgage crisis of 2008
https://twitter.com/JayWolberg/status/1590111869515091968
Ha ha, good for you. I'm a swing trader and not as nimble as you probably are but I can see plenty of whipsaw opportunities over the next 6-8 weeks.
Mount VIXivious has started to erupt! lol
You ain't seen nothing yet! lol
I see that. Was hoping VIX collapses further but staying green with huge rally up is good as well!
Waiting till end of day & afternoon action to pounce!! :)
FYI, I voted early last week.
Nice, thanks! Thanks my exit price as well :)
Close at the highs today?
Hmm, interesting data ... Thanks for sharing. This inflationary bear is unlike any others folks have seen. Hard landing does seem the only recourse here.
All major Tech firms have paused hiring for now ... layoffs will come in Q1/Q2.
Yep, saw those estimate revisions and it is only going to get worse.
Tech is in shambles since inflation kills high growth stocks and massive layoffs have started there (META announcing this week). It is going to spill to the rest of the economy in Q1/Q2 next year.
Need VIX to drop 8-10% tomorrow!!
DOW 500-600 Rally tomorrow would take it to a level that would be < 10% off from its highs like NOTHING happened this year. Lipstick on pig right in time for elections :)
Inflation?? What Inflation?
Bear Market? What Bear Market?
DOW 500-600 Rally tomorrow would take it to a level that would be < 10% off from its highs like NOTHING happened this year. Lipstick on pig right in time for elections :)
Inflation?? What Inflation?
Bear Market? What Bear Market?
Irrespective of who wins, we are in a bear market and I think this is the last hurray rally for the Bulls.
Gap up & Go tomorrow ... 3850-60 possible.
Post election blues??
Ironically tomorrow's full moon is a blood moon (red sky) with a total lunar eclipse as well ... markets tend to top or bottom around these lunar events! :)
Closed above 50dma ... bodes well for tomorrow.
Ha ha, yeah. Bulls are running up on fumes now :)
Ha ha, the pandemic boom & bust reminds me of Y2K back in 2000! :)
Right on unfortunately :(
https://www.yahoo.com/entertainment/bill-maher-goes-apocalyptic-over-181031413.html
Ok no more political posts during market hours till after Election! :)
But today is a boring flat day ...
Indeed it is. If you think this one is scary, wait till the next one in 2024 when Trump is BACK! lol :)
As much as I don't like it, I think it is going to be a republican sweep in both chambers and the Market will "sniff it" tomorrow and Rocket up!
Looking like a balance day waiting on Election news!
I checked back and since 1998, the monday & tuesday leading to election day have been mostly GREEN days or worst side days. We should get to 3820-30 by tuesday.
Ha ha, nope! Will get a few of these at 50% discount from current levels mid next year including the Tech Generals! :)
Cool, VIX could get to low 22s where the weekly 100 and 200dmas are in the next 2 days then. Let's see.
Yeah, now I seriously doubt we even get to 3900. Max 3830-60, then it is lights out for the Bulls.
Yeah, I'm getting ready for the show. But are they holding it up through mid-terms (Nov 8th) or OPEX (Nov 18/21)?
Thanks for sharing ... Interesting "behind the scenes" dirty games!
2H2 - I've seen you mention Aladdin before. Could you please share some details about that system? Where can find more info about it? Thanks in advance.
50 mins to go .... 50 pts to get lol
SPX can still close 100 pts off the 3708 lows near the 50dma ... maybe 3rd time is the charm for this wild guess.
New low 3711, just for fun why not go back up to 3811 high now to make it another 100 pts off the lows Friday!! lol
Dang! Whipsaw max
Wild Fridays
Last 3 fridays have been 100 pts days (lows to highs).
10/14 was the only RED day, 10/21 & 10/28 were BIG Green Bars.
Todays low 3731 .... High 3830 today?
Report means nada ... they just take 1-2 nuggets from the report, spin it and Rally into election day!
Close below 20dma as well ... not good for the bulls or a fakeout close to shake out weak bulls.
Good point and interesting observation ... thanks.
yep agree and that would make today's candle a BULLISH Reversal HAMMER!!
Rally time!
Hmm, you thinking like me lol
Election day high is in the cards .... at least 383x or even could as high as 393x.