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All in one week? Tom Lee has been using $275 I believe. Dan Niles close to same

Carter Worth ###? 5132 was Dave kellars number. But Matt had that low 5000s all year. Just pissed not short...dumb ass me!

Yeah this is ridiculous! Total political manipulation...and BTC is green go figure

NYSE breadth seems to be

Posted by profmel on 4th of Apr 2025 at 01:07 pm

NYSE breadth seems to be improving throughout the day. But haven't seen the nonstop selling since 2022. Realize no Friday good bottoms but CNN Fear & Greed like at 6 today Crazy

Sweet trade!

Bought UVXY puts at 39.70 moments ago. 

Posted by profmel on 4th of Apr 2025 at 11:04 am

Sweet trade!

If this isn't capitulation I

Posted by profmel on 4th of Apr 2025 at 10:49 am

If this isn't capitulation I don't know what is? Just a lack of bids vs algo selling TICKs keep flashing -1300-1400 Fugly!

A FED VIX crush sure

Posted by profmel on 4th of Apr 2025 at 10:24 am

A FED VIX crush sure would be nice today. However, JP won't do anything to help DJT so..... Question on these HUGE GAPS down past few days. How does that work on any rally back up? Strong Resistance? Or fill and fall? Tx

TLT limp today

Posted by profmel on 3rd of Apr 2025 at 03:53 pm

TLT limp today

Kinda missing those FED puts

Posted by profmel on 3rd of Apr 2025 at 03:27 pm

Kinda missing those FED puts :(

Was that a margin liquidation?

Posted by profmel on 3rd of Apr 2025 at 02:20 pm

Was that a margin liquidation? TICK went -1300

Interesting reaction. Prez finally puts our country first and the algos crash the market. Ugh. Let's see how much of this reverses overnight. Thanks Matt/Steve for excellent guidance the past few weeks. Haven't seen this fight with the machines since 2022.

Can you post a link

MA ribbon pinch/cycles trading system

Posted by profmel on 1st of Apr 2025 at 02:07 pm

Can you post a link to a tradingview chart with these? Seems as most of the ribbons,etc are either stockcharts or the one you use for multiple charts. If I'm mistaken just let me know. I made the move to tradingview...really should've stayed at StockCharts..to utilize the ones posted in newsletter, etc. Thanks...just at your convenience.

A lunchtime cup of hopium... 

  • Two historical facts that if repeated would shock the world!!!
  • *Trump Tariff 1.0 vs. Trump Tariff 2.0: January 26, 2018, tariff talk begins, market proceeds to quickly fall 13% - market bounces and recovers more than half of losses, then retests lows, finally bottoming on April 2 nd. Stocks proceed to rally the remainder of the year. Could “Liberation Day” this Wednesday, April 2 ndturn out to be a repeat of 2018?
  • *AAII bears are > 50% for the 5 thstraight week – that’s only happened 2 other times in history going back to 1990. For what it’s worth, both of the other occurrences were capitulation low buying opportunities.

Dumb question, sorry but is the end of qtr rebalance stuff all done? or now that JPM collar in the money do we get the unwind/rollover etc? Just seems as if the $50billion in end of qtr into stocks never happened.

How so? or Why preytell

So much for rebalancing. Heard

Posted by profmel on 28th of Mar 2025 at 11:20 am

So much for rebalancing. Heard all week $billions$ to buy into equities for end of qtr. Kinda confusing but as Steve says just trade the price in front of me! 

So far not much effect

Quarter Rebalance

Posted by profmel on 27th of Mar 2025 at 03:06 pm

So far not much effect except for Monday. Wonder if we get the Friday flag pole UP last 30 minutes? 

Interesting. It sure felt like a 90% down day on massive CTA bs lol

That's the ticket!!!! As I've mentioned to you before I'm a member of the 12 Step PA group -  paralysis analysis is my disease. I miss soooo many trades trying to have confirmations and usually either miss the trade or take profits for quarters instead of dollars. I would love to have access when you're ready to share. TY

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