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.
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
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.
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.
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
Calls are still being sold
!GT20SPX - Divergences
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.