I don't know, I'm guessing the S&P was down at least 3% this week and it seems like it's been awhile since we had a drop like that.$30,000 Millionaire said:
Low volume, algo driven. Happens all the time. Basically a flattish week.
Gotta be a lot of tax loss harvesting taking place prior to year end.wanderer said:
and for the first time in 2.5yrs, WWR price starts with a 0
AgCPA95 said:Gotta be a lot of tax loss harvesting taking place prior to year end.wanderer said:
and for the first time in 2.5yrs, WWR price starts with a 0
AgCPA95 said:Gotta be a lot of tax loss harvesting taking place prior to year end.wanderer said:
and for the first time in 2.5yrs, WWR price starts with a 0
Parked us right on 3930ish support, setup for large move next week. Excuse continuous contract value, setup still the same.$30,000 Millionaire said:
I think you have to assume short from where we are.
If a stock market crash is coming based on the conditions I’ve outlined since the thread in my pinned tweet, it happens next week.
— Michael A. Gayed, CFA (@leadlagreport) December 9, 2022
Few understand this.
They will when it’s too late.
Charismatic Megafauna said:
...couple feb spy 330/321 put spreads, just in case
$30,000 Millionaire said:
Whenever I see an Elliot wave count, I just stop.
Philip J Fry said:
My only issue with RW is that he tends to ramble a bit and never really indicates he believes a reversal has happened. For the most part, if you draw the challenge bars they've held up fine. I'm actually annoyed I haven't done better in this market as reliable as the channel lines have been.
Have a great weekend! For 4 weeks, #ES_F has built a base @ 3920-4050. 2 support hits, 2 res hits, 1 fake-out. Breakout week likely
— Adam Mancini (@AdamMancini4) December 10, 2022
Next week: 3955, 3920 = supports. As long as 3920 holds, run back to 4050, dip, then breakout in play. 3920 fails, sell to 3855 starts. Map below pic.twitter.com/iBlQtTOxQV
I want to agree, but my thought is the put / call ratio. I remember seeing a tweet recently, there are a TON of puts out there expecting this next week to be a blood bath.FJ43 said:
Gap below also could fill. Feels like we see 370 before we see 420
Equity put/call ratio spiked again yesterday to highest since early 1997 (similar to move in mid-November) pic.twitter.com/e0zCGkh0in
— Liz Ann Sonders (@LizAnnSonders) December 8, 2022
Any chance you could certify Texas 42 with the newest Pixel phones in the Play store? It won't show up in a search on my new Pixel 7 Pro. Or should I just find an APK to sideload?Philip J Fry said:
So not WWR.
That would also be awesome.Philip J Fry said:
I was actually going to use ChatGBT to get me a head start on updating it to be ios/android multiplayer compatible.
This keeps getting posted, but the rebuttal needs to be posted as well. People also speculate this is reason vix has stayed muted all year, so much 0DTE that exists now.perma Brew doomster said:I want to agree, but my thought is the put / call ratio. I remember seeing a tweet recently, there are a TON of puts out there expecting this next week to be a blood bath.FJ43 said:
Gap below also could fill. Feels like we see 370 before we see 420
Oh, OPEX is next week too?!
found it, highest since early 1997!Equity put/call ratio spiked again yesterday to highest since early 1997 (similar to move in mid-November) pic.twitter.com/e0zCGkh0in
— Liz Ann Sonders (@LizAnnSonders) December 8, 2022
3 reasons why this is misleading:
— SpotGamma (@spotgamma) December 9, 2022
1) it’s only cboe. There are 15 other exchanges.
2) total call volumes are down. That elevates ratio
3) 45-50% of volume is 0DTE - not people actually taking long term positions.
Farmer @ Johnsongrass, TX said:
Great Balls Of Fire!
59S, put the big coat on!
My backyard got to a high of 30 today, but Tuesday & Wednesday could be some real workouts with snow in the forecast. Got 5 inches this past Thursday.
Media spin here in U.S., they say we got plenty of energy. However, diesel and heat oil in the Northeast U.S. has quite the spread, diesel is $6+ and heating oil $3.35, it's the same stuff except for the dye.
You guys know the truth across the pond. Germany issued emergency thermostat decreases for heat as LNG supplies are getting consumed too fast. Crude....it's just a matter of time to let the silliness of the shorting run its course. Large bets put on crude demand decreasing because of the 'forthcoming' recession. Old style thinking not going to work this time and I'm an old style thinker.
Russia has yet to issue a formal response to the G7 Price Caps. That will be interesting.
Turkey stopping crude cargo's in the Straights because they're checking freighters cargo insurance. LOL! Turkey trying to play with EU.
Bottomline, big coat warning! Bundle up.
Otherwise, I hope all is well.