XLF Cup n Handle on the daily - looks like it wants 200DMA/top
of Boll Bands - could buy a risk reversal short the 32 P buy the
33/35 C spread for about $0.50 - any opinions from you options
experts?
Wave 4 is typically 14.6%, 23.6%, or 38.2% of wave 3. SPY is
already lower than the 38.2%. I'm no EW expert, but would
assume SPY needs to stay above Wave 1 high 402.49 for the count to
be valid. The gap 403.69-404.55 looks like the next most
interesting prospective bull/bear battle bounce back opportunity
zone.
$VIX may begin to pick up: BOE: THE BOJ, THE ECB,
AND THE SNB, IN CONSULTATION WITH THE FED, HAVE JOINTLY DECIDED TO
REVERT THE FREQUENCY OF THEIR 7-DAY OPERATIONS FROM DAILY TO
ONCE PER WEEK.
Depending on the size of the Market on close imbalance relative
to the day's volume, some traders will fade MOC when it is
countertrend, or play the trend if it is heavy - official data hits
at 3:50pm, so, for today, you could have put a limit buy order at
the VWAP on SPY and been rewarded for it. By no means is this a
consistent trade to take. Trader's choice. I post the
early data to the community when it's available.
FOR SALE: have a few dozen 1 Oz 1982 South African Gold
Krugerrand Coins. pm me if interested, or have a good
recommendation for selling at good price. Thanks.
ALB - first significant bounce after -7% on the day . Chile
nationalizing lithium mining, but ALB has license through 2043.
7-8x forward P/E...and, there are >2k Puts at 200 expiring
today.
Wave 4 is typically 24% or 38% fib retrace of wave 3. That
last little rip off the SPX lows (24% retrace) broke intraday
symmetry to upside. seems like a really short timeframe for a
pullback, however - does that imply that 38% retrace is still in
the cards, down to SPX ~4063?
CTA positioning is too short, and they are forced to cover in
pretty much any scenario (barring some major negative market
dislocation) according to the info provided.
Keep in mind, corporate buybacks in black out period - resumes
April 26, and there is massive amount of catch-up to take place,
relative to annoucements. Soo, there is another bullish driver.
The community is delayed by three days for non registered users.
STNE - Brazil payment processor
STNE up today
Posted by te22 on 4th of May 2023 at 10:54 am
STNE - Brazil payment processor w a lot of loans gone bad. Warren Buffet owns this one - probably from a lot lower.
MOC $614M Buy Side -
Posted by te22 on 1st of May 2023 at 03:35 pm
MOC $614M Buy Side - tiny
XLF Cup n Handle on
Posted by te22 on 1st of May 2023 at 10:50 am
XLF Cup n Handle on the daily - looks like it wants 200DMA/top of Boll Bands - could buy a risk reversal short the 32 P buy the 33/35 C spread for about $0.50 - any opinions from you options experts?
Stanley Druckenmiller interview https://youtu.be/dXxWajc-tgI
Posted by te22 on 1st of May 2023 at 12:14 am
Stanley Druckenmiller interview https://youtu.be/dXxWajc-tgI
nice EOD short squeeze from
SPY demand zone 404.37-401.77
Posted by te22 on 26th of Apr 2023 at 03:56 pm
nice EOD short squeeze from the gap zone
Wave 4 is typically 14.6%,
SPY demand zone 404.37-401.77
Posted by te22 on 26th of Apr 2023 at 02:11 pm
$VIX may begin to pick
Posted by te22 on 25th of Apr 2023 at 09:22 am
$VIX may begin to pick up: BOE: THE BOJ, THE ECB, AND THE SNB, IN CONSULTATION WITH THE FED, HAVE JOINTLY DECIDED TO REVERT THE FREQUENCY OF THEIR 7-DAY OPERATIONS FROM DAILY TO ONCE PER WEEK.
Peter Brandt: "I would consider
Posted by te22 on 25th of Apr 2023 at 09:06 am
Peter Brandt: "I would consider the five week pennant retest of the right shoulder of an underlying inverted H&S to be a tradeable set up $NQ_F $QQQ"
FRC - after hours serious
Posted by te22 on 24th of Apr 2023 at 04:08 pm
FRC - after hours serious tail candle fade the earnings release pop. deposits worse than expected
Depending on the size of
MOC $714m sell side
Posted by te22 on 24th of Apr 2023 at 03:59 pm
Depending on the size of the Market on close imbalance relative to the day's volume, some traders will fade MOC when it is countertrend, or play the trend if it is heavy - official data hits at 3:50pm, so, for today, you could have put a limit buy order at the VWAP on SPY and been rewarded for it. By no means is this a consistent trade to take. Trader's choice. I post the early data to the community when it's available.
MOC $714m sell side
Posted by te22 on 24th of Apr 2023 at 03:42 pm
MOC $714m sell side
FOR SALE: have a few
Posted by te22 on 24th of Apr 2023 at 03:26 pm
FOR SALE: have a few dozen 1 Oz 1982 South African Gold Krugerrand Coins. pm me if interested, or have a good recommendation for selling at good price. Thanks.
ALB - first significant bounce
Posted by te22 on 21st of Apr 2023 at 12:22 pm
ALB - first significant bounce after -7% on the day . Chile nationalizing lithium mining, but ALB has license through 2043. 7-8x forward P/E...and, there are >2k Puts at 200 expiring today.
early MOC $503M sell side
Posted by te22 on 20th of Apr 2023 at 03:37 pm
early MOC $503M sell side
yes, the KISS table charts.
Matt, is XLB a new long as of yesterday's close, ...
Posted by te22 on 18th of Apr 2023 at 10:25 am
yes, the KISS table charts. thanks
Matt, is XLB a new
Posted by te22 on 18th of Apr 2023 at 09:46 am
Matt, is XLB a new long as of yesterday's close, or as of 4/13? Thank you
MTB - heavy concentration in
Select Financials Reporting This Week
Posted by te22 on 17th of Apr 2023 at 09:11 am
MTB - heavy concentration in commercial real estate - reported this AM. initial pop...then drop.
Wave 4 is typically 24%
SPX consolidated 4080-91 yesterday
Posted by te22 on 4th of Apr 2023 at 12:45 pm
Wave 4 is typically 24% or 38% fib retrace of wave 3. That last little rip off the SPX lows (24% retrace) broke intraday symmetry to upside. seems like a really short timeframe for a pullback, however - does that imply that 38% retrace is still in the cards, down to SPX ~4063?
CTA positioning is too short,
Allegedly from GS
Posted by te22 on 3rd of Apr 2023 at 10:25 am
CTA positioning is too short, and they are forced to cover in pretty much any scenario (barring some major negative market dislocation) according to the info provided.
Keep in mind, corporate buybacks in black out period - resumes April 26, and there is massive amount of catch-up to take place, relative to annoucements. Soo, there is another bullish driver.
Allegedly from GS
Posted by te22 on 3rd of Apr 2023 at 10:11 am
Allegedly from GS