SPY  is a choppy mess, why bother?

    roger only been two easy

    Posted by matt on 20th of May 2020 at 03:48 pm

    roger only been two easy trades on SPX today really. Otherwise I've been focusing mostly on stocks myself:  XLE, LUV, XOM, VETBYD, AMAT, ARCH, BYND are some I have traded, and many I had already coming into today and managing taking profits etc

    UGAZ and DGAZ mostly for

    Posted by roger on 20th of May 2020 at 03:53 pm

    UGAZ and DGAZ mostly for me,  but $VIX  is starting to look good at the lower BB again.  

    Looking for a double bottomish on the $VIX … not there yet

    VIX needs lower to tag

    Posted by matt on 20th of May 2020 at 03:54 pm

    VIX needs lower to tag those lower bands. My hope is that SPX rallies gets over that 3000 area, over the 200 day MA, then the VIX would likely be at those lower bands and be a place to bounce from

    I've never traded the VIX

    Posted by profmel on 20th of May 2020 at 04:33 pm

    I've never traded the VIX is that the symbol? Just enter it Buy 1000 VIX?

    VXX is the ETN that

    Posted by rogerv on 20th of May 2020 at 05:18 pm

    VXX is the ETN that follows the $VIX

    DGAZ - was looking for

    Posted by roger on 20th of May 2020 at 04:13 pm

    DGAZ - was looking for a right shoulder and we got it.   Doubt it will play out the measured move but a nice gainer today.

Newsletter

Subscribe to our email list for regular free market updates
as well as a chance to get coupons!