Looking    soon hopefully for URA 78  " high performance "to come back offline. I smell a buy coming shortly

Have a nice evening everyone, I've been up since 2 am and need to call it a night.  Will be dragging tomorrow for sure. 

Kingpin posted the JMP Collar here on 12/31

It felt like capitulation selling today especially with divergent VIX high

JPMorgan says there is an estimate of $135B to buy on equities for quarter end rebalancing.   Now how much is for sale is the other question? 

Now 3 Standard Deviations 

PPLT - Chart Link still in the big coils -but eventually these will bust out

$PLAT - Chart Link

PPLT new long on sts. https://schrts.co/tDarhzkD

Yes and point taken, my only comment related to the specific instruments employed to trade the systems.  As long as you fully understand the leverage involved with futures as your questions below simply raised some concerns. Take care

Don't futures exprire next week? So can hold them until next Thursday close and rollover next week?

please don't take this the wrong way but my "plan" is to trade the system as i've been doing since being a member. if the system alerts a buy then i buy.  if it stops out then i sell, no questions asked.  i'm merely asking how to roll over a contract because i've never done it before.  i've been a member here long enough to know to "trade your plan" but when it comes to the system i'm just following it.  

Both the March and June Contracts are trading currently (you can rollover now if you so choose and not wait until tomorrow).  You would simply sell the March and buy the June contract IF that's in agreement with your outlook and plan.

I would caution anyone from trading futures/options  without a full understanding of such instruments as they deal with substantial leverage.   Please remain prudent. 

Thursday Newsletter

hello,

waited till after hours to  ask as i did not want to disturb anyone if they were busy trading during the regular session but...  could someone please instruct me on how to roll over my /MES contracts?  will i need to sell all my contracts before tomorrow's close and then buy back the same amount of contracts (the june contracts) once the futures reopen at 6pm this coming sunday?  also, i notice that /ES contracts tend to be like 40-50 points higher right after the rollover.  so does that mean i will be losing a lot of money buying at a higher price?  forgive me for my ignorance, lol.  never had to roll over a contract before.  thank you for your help!

Flight to safety 

AAPL - Chart Link

According to Volume Leaders - there have been massive blocks this entire week across many Bond ETF's 

something to keep your eye on for credit stress...

HYG -> 1.81M options traded today, most ever in a single day (Jun 13th 2022 had previous record with 1.78M). Total put volume was 1.64M which is also a record (1.61M HYG puts traded on Jun 13th 2022). By comparison, HYG was -3.3% on Jun 13th 2022 and only -56bps today

There she be -$3000 print