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24,630,227 Views | 233274 Replies | Last: 24 min ago by I bleed maroon
sts7049
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AG
ok, well then we are asking similar questions i guess.

but it sounds like you want the answer to be, well it went down so that means now it will go up.
$30,000 Millionaire
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thoughts and prayers for the FOMO longs today. cruel move by the MMs.
Dan Scott
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I've learned on anytime powell speaks, look at rates. They will show you the way.
$30,000 Millionaire
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No trades now. Too risky. Need to let this work itself off.
Brian Earl Spilner
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sts7049 said:

ok, well then we are asking similar questions i guess.

but it sounds like you want the answer to be, well it went down so that means now it will go up.


EnronAg
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so does the J-Pow speak take control away from bulls after the last little bit he said? what today closing spx/spy levels are you looking at for a bullish or bearish lean for balance of week or going forward?
Triple_Bagger
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$30,000 Millionaire said:

i went out to lunch instead of trading. definitely the right decision.
Missed an easy short opportunity. I shorted QQQ @309 and SPY @413
Ag CPA
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It was a good run.


Dan Scott
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sts7049 said:

Brian Earl Spilner said:

If BOIL can finish above 7+, it will fill another gap and be the first consecutive green day in nearly 1.5 months.
so, how have NG fundamentals changed the last two days?
Two weeks ago, the forcast was showing well above average temperatures in most of US for February. The warm front isn't going to last as long. And more certainty on Freeport LNG.
JuanDurfel
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Ag CPA said:

It was a good run.



Lol literally tweeted this at the top
$30,000 Millionaire
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Yes but I don't think the fireworks are over today
Brewmaster
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that's some real volume SPY, I'm in!
Charismatic Megafauna
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Ok now I'm up $15 and have 414 pinned 4x 2-wide and 1x 1-wide. If we could just go ahead and close here that would be great...
$30,000 Millionaire
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Tricky spot.
$30,000 Millionaire
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Sold OXY Aug 70C for 5.1
$30,000 Millionaire
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This is not easy to predict action. I will wait for 2:30 to see if anything looks good
$30,000 Millionaire
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This is really insane action.
Charismatic Megafauna
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The spreads on xsp calls are nuts
$30,000 Millionaire
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We going to 4170?
Spoony Love
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Somebody should have a rally gif ready
Brian Earl Spilner
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$30,000 Millionaire said:

We going sizzler?
FIFY
Charismatic Megafauna
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Damn, chirren, chill with the rally talk! My flys are already all but busted!
Spoony Love
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SPY 415 is as good as 416, meaning it won't be hard if it breaks 415 to get to 416 in these last few trading minutes.
$30,000 Millionaire
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Trying to get 4180/4165 PCS for $13
EnronAg
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good call...got half of it in a minute
Charismatic Megafauna
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And there she goes! Bet moc gets her there
$30,000 Millionaire
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Haven't filled but I'm leaving it
Spoony Love
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There seems to always be a dump the last 5 minutes of the day on days where it rallies continuously from the bottom. Not quite sure what to make of it but could open up some quick scalping opps.
$30,000 Millionaire
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That pisses me off.
Spoony Love
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Hourly chart for the day is wicked.

If SPY keeps dropping after hours, it could be setting up for a nice 8/21 - 5 min cross tomorrow, early.
Dan Scott
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Weird day. Comparing SPY to 10 year, before the speech, rates at 3.66 and SPY hovering around 412. SPY rallies to 416, rates drop to 3.59. Rates begin to climb to 3.65 and SPY bottoms at 408. SPY reverses but 10 year doesn't. New monthly high on rates.

Don't trust market.
Bonfire97
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Quote:

SPY reverses but 10 year doesn't.
Yeah, this was very strange.

Edit: OK, it just dawned on me as to why this was *not* strange. The bond market heard what Jerome Powell said. The market did not.
Brian Earl Spilner
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Ag CPA said:

It was a good run.





EnronAg
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show the rest of the chart...
Boy Named Sue
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Exhausting day for the noob, with seemingly every psychological trading flaw experienced. I thought I had a stressful career, and I don't see how you full-time day traders do it, but I completely understand why because it's a blast.

Headed to Reed now to BTHO Auburn
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