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market makers are doing a

Posted by ssaffer on 27th of Jul 2020 at 12:07 pm

market makers are doing a great job over jamming the overnight futures then selling into the am strength.  I do not have the stats in front of me.  But if you went long index futures at the market close and sold in the am, I think it is almost double the returns as the regular cash market.  

These breakouts in Silver, Gold, Gold and Silver miners are a big red flag for the economy.  No "V" recovery.   Inflation is going to rip in 2021 which will crush margins and the bottom line for companies.  

I see a healthy pull

SLV and GLD Call Volume

Posted by ssaffer on 25th of Jul 2020 at 08:19 pm

I see a healthy pull back coming and Last August we had the same thing happen.   

Coiling.   

Posted by ssaffer on 24th of Jul 2020 at 10:16 pm

Coiling.   

!PMOBUYALL.   Sell Signal

Posted by ssaffer on 24th of Jul 2020 at 10:05 pm

!PMOBUYALL.   Sell Signal

I am short both.  See you on Monday.  

Weekly and Monthly chart are both Bull Flags.   Put/Call ratio at lowest since 2000.  Warning flag.

NVAX - anyone in that

Posted by ssaffer on 16th of Jul 2020 at 06:02 pm

NVAX - anyone in that run on this vaccine stock?  Its insane.  I thought many months ago about buying it but passed.  Jeez what a monster run.  

Bought NFLX- August 21 ATM

NFLX down 68

Posted by ssaffer on 16th of Jul 2020 at 04:45 pm

Bought NFLX- August 21 ATM Puts at the close.   

Boom goes the dynamite!

Posted by ssaffer on 13th of Jul 2020 at 03:49 pm

Boom goes the dynamite!

Nice charts.  Reminds me of 1999.   Friday at the close I started core positions in SQQQ and Sept QQQ puts.  Also Sept ATM puts for Apple and USO.  I hedged with August ATM IWM/DIA Calls. 

My spread trade going into

Posted by ssaffer on 12th of Jul 2020 at 06:59 pm

My spread trade going into this week is:   QQQ August puts and IWM/DIA Aug Calls.  See how it pans out. 

My feeling is we might

IWM and INDU Daily Views

Posted by ssaffer on 11th of Jul 2020 at 02:18 pm

My feeling is we might see rotation out of Nasdaq into the IWM and $INDU if the triangle remains in bullish formation.  

One push away from a massive heart attack.  The easy money has been made for now.   High risk/reward with Nasdaq.  

Plandemic.   The 1918 and the 1950's HK flu - many more deaths, no treatment modalities,  and never shut down a whole country.    We need to be conservative but take measured risks without throwing the baby out with the bathwater.    

Robinhood traders buying the dips?

Posted by ssaffer on 11th of Jun 2020 at 03:37 pm

Robinhood traders buying the dips?

Funny how the "unemployment" numbers

Posted by ssaffer on 6th of Jun 2020 at 11:56 am

Funny how the "unemployment" numbers were miscalculated.   Should have been around 20 million based on my math, I guess there is better math out there.  A lot of bad actors.  

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