And what caused that 12pt surge? Pattern seems to be systematic
buy programs at :35-:40 past the hour. Really strange. Just
has to be a whale short in the SPUs getting hammered
Powell to the rescue! This is not really a fundamental market
any longer. If we didn't have Matt & Steve's coil winners I'd
be out for good. Maybe we should call it the Ralph Cramden market
(for you old-timers!)
Struggling w/that here, too! Literally MORE action overnight
hitting pivots, filling gaps, etc and if we look at closing charts
none of that is evident...almost negating trying to trade off of
the old daily charts. Going home long overnight off the daily chart
is literally more gamble nowadays. It would be nice if StockCharts
showed ALL the movements. Any other charting services that do I
should know about?
First, a BIG thank you! Matt, Steve you guys killed it this
year! Great systems, great trades, excellent guidance so
thankyouverymuch. To arun and all you others who selflessly share
your ideas and work here - thank you, too! It's been a bittersweet
year as we all have prospered handsomely while so many others are
hurting and struggling to hang on. Please remember them and
consider sharing some of our blessings with those not so fortunate.
As for the market -- I HATE what's happening with the algos and
IPOs and bubbliciousness because when the music stops, watch out!
Hopefully, Tom Lee will be right again and 3800, 4000, 4300 S&P
are coming before all hell breaks loose! Thankfully, we have yoda
Steve and marvelous Matt to keep us out of the ditches. Happy
Holidays, Merry Christmas, and thank you again for making 2020 one
for the record books! be blessed...
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BA +11.25 LOL Hmmm which
Posted by profmel on 24th of Feb 2021 at 11:14 am
BA +11.25 LOL Hmmm which one do we squeeze today to impact the index?
New lingo: Powell Pump -
Posted by profmel on 24th of Feb 2021 at 10:28 am
New lingo: Powell Pump - right on cue!
Ridiculous buy program! WOW
Posted by profmel on 23rd of Feb 2021 at 03:23 pm
Ridiculous buy program! WOW
???Did Janet buy futures? Helluva
Posted by profmel on 18th of Feb 2021 at 01:28 pm
???Did Janet buy futures? Helluva buy program out of the blue.
And what caused that 12pt
Posted by profmel on 12th of Feb 2021 at 10:43 am
And what caused that 12pt surge? Pattern seems to be systematic buy programs at :35-:40 past the hour. Really strange. Just has to be a whale short in the SPUs getting hammered
Powell to the rescue! This
Posted by profmel on 10th of Feb 2021 at 02:43 pm
Powell to the rescue! This is not really a fundamental market any longer. If we didn't have Matt & Steve's coil winners I'd be out for good. Maybe we should call it the Ralph Cramden market (for you old-timers!)
Uncle! S&P+200 from Friday's low.
Posted by profmel on 4th of Feb 2021 at 10:17 am
Uncle! S&P+200 from Friday's low. Quants have the free money and are definitely in control. To the moon, Alice, to the moon!
They must've heard me...ticks now
S&P Squeeze? Ticks have never been higher than 555 all ...
Posted by profmel on 2nd of Feb 2021 at 11:11 am
They must've heard me...ticks now increasing but nothing like before with 1500, etc
S&P Squeeze? Ticks have never
Posted by profmel on 2nd of Feb 2021 at 11:08 am
S&P Squeeze? Ticks have never been higher than 555 all day today yet indexes are all up huge. Happy but smelling fishy. Nervous. Opinion please?
Struggling w/that here, too! Literally
Question: Now that market indices trade a significant number of ...
Posted by profmel on 2nd of Feb 2021 at 08:12 am
Struggling w/that here, too! Literally MORE action overnight hitting pivots, filling gaps, etc and if we look at closing charts none of that is evident...almost negating trying to trade off of the old daily charts. Going home long overnight off the daily chart is literally more gamble nowadays. It would be nice if StockCharts showed ALL the movements. Any other charting services that do I should know about?
Amazing how MSFT+8 colors the
SPY trade looking good this could last a few days ...
Posted by profmel on 1st of Feb 2021 at 11:50 am
Amazing how MSFT+8 colors the whole market
Bounce negate system long?
Posted by profmel on 29th of Jan 2021 at 03:15 pm
Bounce negate system long?
So, is this the Powell
Posted by profmel on 28th of Jan 2021 at 10:24 am
So, is this the Powell put working today? UNH +10. on what? Geezsh
MSFT saving the slide...
Posted by profmel on 27th of Jan 2021 at 10:12 am
MSFT saving the slide...
Welcome to Casino Royale! Fundamentals
Posted by profmel on 25th of Jan 2021 at 12:54 pm
Welcome to Casino Royale! Fundamentals be damned -- what a day!
OpEx shenanigans? Sure seems like
Posted by profmel on 12th of Jan 2021 at 10:30 am
OpEx shenanigans? Sure seems like a relentless bid and can't just be Robinhooders???
Yes. My apologies folks. Market
Posted by profmel on 6th of Jan 2021 at 03:50 pm
Yes. My apologies folks. Market surprisingly resiliant
First, a BIG thank you!
Posted by profmel on 21st of Dec 2020 at 11:59 am
First, a BIG thank you! Matt, Steve you guys killed it this year! Great systems, great trades, excellent guidance so thankyouverymuch. To arun and all you others who selflessly share your ideas and work here - thank you, too! It's been a bittersweet year as we all have prospered handsomely while so many others are hurting and struggling to hang on. Please remember them and consider sharing some of our blessings with those not so fortunate. As for the market -- I HATE what's happening with the algos and IPOs and bubbliciousness because when the music stops, watch out! Hopefully, Tom Lee will be right again and 3800, 4000, 4300 S&P are coming before all hell breaks loose! Thankfully, we have yoda Steve and marvelous Matt to keep us out of the ditches. Happy Holidays, Merry Christmas, and thank you again for making 2020 one for the record books! be blessed...
Surprised strength into OpEx week
Posted by profmel on 16th of Dec 2020 at 03:47 pm
Surprised strength into OpEx week when usually a down Dec expiration. But WTH...it's 2020, right?
Next SPX support?
Posted by profmel on 11th of Dec 2020 at 12:25 pm
Next SPX support?