!GT20SPX - Divergences

    Posted by EdZ on 27th of Dec 2023 at 03:04 pm

    !GT20SPX - Divergences

    Calls are still being sold

    Posted by DigiNomad on 27th of Dec 2023 at 03:20 pm

    Calls are still being sold short around the world, in large size - I'm pretty sure that's all that matters right now. Look at the EURO indexes. They are all doing the same thing, despite their dire economic predicament.  It's a global short squeeze and the bears aren't conceding so we're probably going higher until the net delta drops to a bullish reading. 

    Thanks for this analysis -

    Posted by tradeit007 on 27th of Dec 2023 at 03:53 pm

    Thanks for this analysis - above my pay grade.

    Just take time to start

    Posted by steve on 27th of Dec 2023 at 03:23 pm

    Just take time to start preparing a list of stocks to fade - start with the zombies that have run wild.  It's like a game of musical chairs - play the game until the music stops.

    Buffet cash position is highest ever - patience he has

    Can I hear the favorite

    Posted by shellson2 on 27th of Dec 2023 at 03:46 pm

    Can I hear the favorite Zombies from the community. Mine is AAOI. Its up 1900%, TTM EPS is -$2.12. Thx

    Correction--its up 1100%... (only ha)

    Posted by shellson2 on 27th of Dec 2023 at 03:47 pm

    Correction--its up 1100%... (only ha)

    This list of 8 week

    Posted by DigiNomad on 27th of Dec 2023 at 03:39 pm

    This list of 8 week periods where the market gained 16% or more, posted by another member earlier today, could be labeled "Major Short Squeezes over time". As far as I can tell, each occurrence came on the heels of a negative economic event, most of which (maybe all) were met by a printing press in turbo mode.  

    VIX running towards the lows.

    Posted by DigiNomad on 27th of Dec 2023 at 03:46 pm

    VIX running towards the lows. People buying calls (and/or selling them) in a push to get Santa off his ass and the market through the all time highs.  I'm guessing we'll print another high 50's low 60 percent call day today. 

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