Dunno if anyone here trades futures, but look for us to flirt with Friday's low sometime between Sunday open and Tuesday close. High odds gap down situation between Sunday-Tuesday.
$30,000 Millionaire said:
I am willing to admit I don't have the skills to be great at futures. I could probably survive on ES or NQ, but would get my rear kicked on metals, bonds, and commodities.
Looks like futures be flirting already! I hope we get an exact repeat of Friday on Tuesday (melt up pre-market, then dump mid morning). If volatility looks jumpy as well, I will play puts again! QQQ seems to have solid support at 272, but if that failed it could see 256.Bretton Gekko said:
Dunno if anyone here trades futures, but look for us to flirt with Friday's low sometime between Sunday open and Tuesday close. High odds gap down situation between Sunday-Tuesday.
good luck to you sir. I'll be just as happy to go with calls if we get out of this trend. I'm not rooting for the markets to tank, but plenty of indicators are looking ugly.topher06 said:
I'm hoping it goes up and then goes up more mid morning.
GreasenUSA said:
Qudian (NYSE:QD): Q2 Non-GAAP EPS of $0.02 beats by $0.22; GAAP EPS of $0.10 beats by $0.31.
Revenue of $165.2M (-47.4% Y/Y) beats by $63.2M.
Press Release
Earnings Call Transcript
GreasenUSA said:
Qudian (NYSE:QD): Q2 Non-GAAP EPS of $0.02 beats by $0.22; GAAP EPS of $0.10 beats by $0.31.
Revenue of $165.2M (-47.4% Y/Y) beats by $63.2M.
Press Release
Earnings Call Transcript
I finally dumped it along with just about everything else I had so now seems like as good a time as any for it to finally rip. But if its like anyting else lately that destroys earnings it will fall for some reason.GreasenUSA said:
Qudian (NYSE:QD): Q2 Non-GAAP EPS of $0.02 beats by $0.22; GAAP EPS of $0.10 beats by $0.31.
Revenue of $165.2M (-47.4% Y/Y) beats by $63.2M.
Press Release
Earnings Call Transcript
hedge said:
i dont want to get political on here, that being said how will the markets play out in this upcoming election ?
what pignorant said, plus you can play volatility via vxx calls if this trend continues -- probably could even flip them weekly and roll to the next week. Buy them when vix is low and spy is ripping, then sell on a spy down day, rinse and repeat. Hold some through the weekend if you need a hedge for Monday premarket.hedge said:
i dont want to get political on here, that being said how will the markets play out in this upcoming election ?
About right. I exit at about even late last week after holding for some time. Perfectly timed on my part to miss the upside. Geez....it'll probably rip off a 30+% gain in a day now.JAggie2007 said:I finally dumped it along with just about everything else I had so now seems like as good a time as any for it to finally rip. But if its like anyting else lately that destroys earnings it will fall for some reason.GreasenUSA said:
Qudian (NYSE:QD): Q2 Non-GAAP EPS of $0.02 beats by $0.22; GAAP EPS of $0.10 beats by $0.31.
Revenue of $165.2M (-47.4% Y/Y) beats by $63.2M.
Press Release
Earnings Call Transcript
$30,000 Millionaire said:
futures without the cash session doesn't mean as much. Still, quite the ramp since 3AM.
$30,000 Millionaire said:
My hypothesis is we will be range bound between 3450 and 3350 until a direction is decided.
topher06 said:
I just assume anyone who isn't oa1 or ranger is just presenting a guess as something they've studied.
You're way more versed in the past data and probabilities so curious what you're seeing in the tea leaves. It seems like a red open with V bottom reversal with volume stacks the odds with the bullish continuation short/medium term vs a gap up and fade before a double bottom retest. Not sure if I'm making any sense here...Bretton Gekko said:
That didn't play out quite as expected. The 40pt dump in first few mins of futures open Sunday took the sell progs out quick but still gonna end up with a little gap down.
UpstateAg said:
That's interesting....