oh my, check the wording on the right

yep and thanks for posting

SPY and ES mean reversion systems

Posted by matt on 14th of May 2024 at 06:45 pm

yep and thanks for posting that! I receive emails now and then from folks saying: how can I trade the ES systems signals, I don't trade trade futures. I always tell them, you don't have to, just substitute ETF's in place 

I took the long using

SPY and ES mean reversion systems

Posted by steveo on 14th of May 2024 at 06:41 pm

I took the long using SPY as not setup for futures, put stop at 522.45, I see previous high at 524.61 which is just 1.4 points away from the close today.  

Any thoughts?   Stop too tight?   My entry was 520.65

Boot Barn!?

Tuesday Newsletter

Posted by steve on 14th of May 2024 at 06:02 pm

LUNMF weekly - Lundin Mining

Posted by foody518 on 14th of May 2024 at 05:56 pm

LUNMF weekly - Lundin Mining

It might have more tailwinds over time, too. Also a part of the Power Up America basket

SILV—-announced solid earnings, decent beat.

Posted by shellson2 on 14th of May 2024 at 05:39 pm

SILV—-announced solid earnings, decent beat. Up a little AH

XRT - Chart Link - anyone

Posted by steve on 14th of May 2024 at 04:56 pm

XRT - Chart Link - anyone want to guess the top holding currently in XRT?

I bet Kitty knows

AI is not biased. Sure.

Posted by DigiNomad on 14th of May 2024 at 04:49 pm

AI is not biased. Sure. Ask it to generate this and watch what happens:

Janet yellen in WWII style patriotic poster with money printer and caption reading "Can't stop. Won't stop. Saving democracy 1 trillion at a time"

I used CoPilot so of course I'm going to get all the lefty filters for "intelligence" born and raised in the Bay Area. 

MP - Had it on

Posted by mla127 on 14th of May 2024 at 04:28 pm

MP - Had it on my weekend scan, but after yesterday candle ... i thought this was a dud ...  wow ... I was wrong ... lol ....

ES and NQ

Posted by steve on 14th of May 2024 at 04:27 pm

Post relates to comments directly below 

QQQ 195

Posted by steve on 14th of May 2024 at 04:18 pm

QQQ - Chart Link- ES/NQ managed to run their equal highs as this acts like a magnet.

One other observation is that when market makers run prior highs we have seen a pullback follow.   CPI tomorrow so big wildcard 

KLAC

Posted by mla127 on 14th of May 2024 at 04:15 pm

KLAC

on the open MES breakout

SPY and ES mean reversion systems

Posted by matt on 14th of May 2024 at 04:07 pm

on the open MES breakout system trade, the stop currently is 5180

coulda googled quicker lol

This form of option trading after hours occurs when regular market operations cease, typically between 4 p.m. and 8 p.m. ET. If you're wondering about the late close exception mentioned in the table, consider that popular ETFs such as QQQ, SPY, IWM, and more belong to this small category.

Yes 

do spy puts and calls trade till 4;15 /?

Posted by steve on 14th of May 2024 at 04:06 pm

Yes 

do spy puts and calls

Posted by Glad on 14th of May 2024 at 04:04 pm

do spy puts and calls trade till 4;15 /?

Love that look but NVDA

AVGO follow up

Posted by DigiNomad on 14th of May 2024 at 04:01 pm

Love that look but NVDA also has a great technical look and cleaner fundamentals (cheaper, etc). Any thoughts on the tradeoff....or just buy both? 

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