Business & Investing
Sponsored by

Stock Markets

25,699,481 Views | 234932 Replies | Last: 10 hrs ago by FobTies
BaylorSpineGuy
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
8:30a, 5/30/22
I have a question re: price action of ES futures and SPX/SPY.

If a significant move happens overnight in the futures but is back to near where trading closed the day before, does that overnight high or low usually gets retested during open market hours?

I ask because today futures will trade for a few hours but no market to compare. So if a major resistance or support is hit while futures trade today, will the market mimic that move during open hours tomorrow?

For the record, I'm still looking at that 4220 area as first resistance/Model T area.

Thanks in advance.
Reply Quote
2 edits
$30,000 Millionaire
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to BaylorSpineGuy • 9:48a, 5/30/22
AG
Yes if price is moving in that direction. The 4202 on ES will be resistance now.
You don’t trade for money, you trade for freedom.
Reply Quote
2
lobwedgephil
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to BaylorSpineGuy • 8:09p, 5/30/22
If ES makes a new high or new low in overnight session, there is 90% chance that level gets retested in real trading hours. Tonight a little different because of different hours, tonight would count for tomorrow, not last nights 4200 rejection.
Reply Quote
2
utah, get me two
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
8:11p, 5/30/22
interesting to see what happens tomorrow, two solid days last week to slow the bleeding
Reply Quote
1
$30,000 Millionaire
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
9:51p, 5/30/22
AG
Should pull back. You want 4100 to hold if bullish.
You don’t trade for money, you trade for freedom.
Reply Quote
XXXVII
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
10:31p, 5/30/22
Is the blue box in Trading View the future value the SPX is starting at tomorrow?


DeSantis 2024

FJB, FJB, FJB, etc
Reply Quote
$30,000 Millionaire
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
11:30p, 5/30/22
AG
SPX differs from e mini by a few points. It will open wherever e mini is at 8:30
You don’t trade for money, you trade for freedom.
Reply Quote
Philip J Fry
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
12:40a, 5/31/22
AG
Okay. Decided to start picking this up more often and may actually subscribe to tradingview for better charting.

First, the top 20. No real surprise, but if you look closely at these companies they are almost all Energy companies of some sort (shocking, I know) , which is why I've added DVN to my swing trading account.

I've also added WHD. There's a nice gap there that may propel us to even higher levels. Just being in it for the gap would be worth 6% on a quick trade.

I mentioned before that DNN is showing all signs bullish. I threw some money at it just above a dollar. Hoping for a 70%+ gain on this one.

SAVA is SAVA and will do SAVA things. MACD shows bullish, but if it doesn't break through this resistance, I'll my 15% profit and bail.

Now for the market overall. UPRO is a 3X leveraged SP500 index. I think it's pretty clear that last week we broke free from the steep bear channel that we were in (yellow lines), but we are still in an overall decline (blue lines). I'm counting on us testing the upper channel in the next few days. If we test and fail, then I'm selling all my stock and going heavy cash again. If we bounce above the line, I may just convert my UPRO to a regular index fund ETF. I think we bounce off the high and start another downtrend. We need the FED to announce that they are done with interest rates before the market settles...but I'll wait for the data to confirm it. Either way, this feel likes the new normal for trading.








Reply Quote
4
FJ43
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
5:52a, 5/31/22
Mornun!

Hope y'all kill it this week.

Watch the convergence of EMAs and SRs to hold. Pivot and support there we should go up. Lose those and we shall see how low. 413, 411, 407/8 ranges are key. Some change with those just as high levels.

Wont be much trading again for me this week.
I'll exit those SPY puts bought toward friday close on the open most likely if stays in the premarket 412/13s.

Trade wisely!
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11

Reply Quote
2
FJ43
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
7:10a, 5/31/22
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11

Reply Quote
3
FJ43
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
7:32a, 5/31/22

Where is errrrbody?
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11

Reply Quote
3
tailgatetimer10
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to Bonfire1996 • 7:33a, 5/31/22
AG
Bonfire1996 said:
Their AWS market share has been stopped cold by MSFT Azure.


Hyperbole much??
Reply Quote
3
BaylorSpineGuy
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to FJ43 • 7:36a, 5/31/22
Took family to Jellystone for a couple nights. Could not believe how "un-full" that place was compared to last year.
Reply Quote
8
texagbeliever
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
7:41a, 5/31/22
MSTR is looking to have a nice pop at opening as long as the general market can hold up somewhat.

CRM has earnings today. So to does VSCO Victoria secret. I might buy a put for VSCO assuming the market does boom green
Reply Quote
TecRecAg
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to texagbeliever • 7:48a, 5/31/22
AG
texagbeliever said:
MSTR is looking to have a nice pop at opening as long as the general market can hold up somewhat.

CRM has earnings today. So to does VSCO Victoria secret. I might buy a put for VSCO assuming the market does boom green
You know, they say men's underwear is a leading indicator of the economy. Perhaps ladies fancy underwear is the same.
Reply Quote
FJ43
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to BaylorSpineGuy • 7:50a, 5/31/22
BaylorSpineGuy said:
Took family to Jellystone for a couple nights. Could not believe how "un-full" that place was compared to last year.


Family. Nothing replaces it.

Was on the road Friday afternoon and evening and medium to normal traffic. Through the weekend most places weren't very crowded. Actually shorter waits than normal.

Except Top Gun. Most all shows sold out with a zillion showings.
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11

Reply Quote
5
BrokeAssAggie
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
7:52a, 5/31/22
No more free COVID money and $5 gas will keep a lot of people at home
Reply Quote
16
texagbeliever
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to TecRecAg • 7:57a, 5/31/22
TecRecAg said:
texagbeliever said:
MSTR is looking to have a nice pop at opening as long as the general market can hold up somewhat.

CRM has earnings today. So to does VSCO Victoria secret. I might buy a put for VSCO assuming the market does boom green
You know, they say men's underwear is a leading indicator of the economy. Perhaps ladies fancy underwear is the same.


Im wondering if VSCO's woke efforts will cost them like Target & GAP. Both had a terrible earnings.
Reply Quote
FJ43
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
8:03a, 5/31/22

Seeing more of this sentiment


Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11

Reply Quote
6
FJ43
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to BrokeAssAggie • 8:03a, 5/31/22
BrokeAssAggie said:
No more free COVID money and $5 gas will keep a lot of people at home


Yup
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11

Reply Quote
2
Brian Earl Spilner
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
8:28a, 5/31/22
AG
QQQ just went green
Reply Quote
1
Bob Knights Paper Hands
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
8:30a, 5/31/22
I'm feeling green. Let the price guide you and all, but that's my sentiment. I was expecting a red day with return to volume, but I like tech marching up into the open.
Reply Quote
Bob Knights Paper Hands
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to Bob Knights Paper Hands • 8:35a, 5/31/22
Bob Knights Liver said:
I'm feeling green. Let the price guide you and all, but that's my sentiment. I was expecting a red day with return to volume, but I like tech marching up into the open.

Lol. The market says "No sir!"
Reply Quote
2
Brian Earl Spilner
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
8:35a, 5/31/22
AG
Well so far I'm glad I took profits on Thursday and Friday.
Reply Quote
1 edit
BrokeAssAggie
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
8:37a, 5/31/22
VIX back above $28
Reply Quote
1
$30,000 Millionaire
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
8:40a, 5/31/22
AG
I unloaded my LPI. Got lucky that came back
You don’t trade for money, you trade for freedom.
Reply Quote
$30,000 Millionaire
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
8:40a, 5/31/22
AG
We had a 6% rally. This is to be expected.
You don’t trade for money, you trade for freedom.
Reply Quote
2
FJ43
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
8:41a, 5/31/22
Exited puts at 60% left trailers with stops.
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11

Reply Quote
2
FJ43
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
8:45a, 5/31/22
Lottoing 420c Friday expiry. 1.47
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11

Reply Quote
2
FJ43
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to FJ43 • 8:47a, 5/31/22
FJ43 said:
Exited puts at 60% left trailers with stops.

Trail stops triggered. Set them a little tight to lock in profits. All out.
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11

Reply Quote
2
XXXVII
User Profile Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
9:06a, 5/31/22
Da bears is out dis mornun
DeSantis 2024

FJB, FJB, FJB, etc
Reply Quote
BaylorSpineGuy
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
9:10a, 5/31/22
Portfolio rebalancing? The big rebalance might come at end of next month quarterly rebalancing.
Reply Quote
1
cageybee77
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
9:10a, 5/31/22
AG
....waiting.....waiting.....waiting...
Reply Quote
2
BrokeAssAggie
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
9:12a, 5/31/22
Picked up AMD 6/3 $105 calls. 0.85 cents entry.
Reply Quote
FJ43
User Profile
Private Message
Ignore User Stop Ignoring
How long do you want to ignore this user?
24 hours One week Permanently Cancel
In reply to FJ43 • 9:23a, 5/31/22
FJ43 said:
Lottoing 420c Friday expiry. 1.47


These are up 25% if you followed. Manage risk.
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11

Reply Quote
First Page Last Page
Page 5472 of 6713 ▼
 
×
subscribe Verify your student status
See Subscription Benefits
Trial only available to users who have never subscribed or participated in a previous trial.