Today is +4 away from my turn date. I'm holding my option position expecting a big equaliser. Longs be very careful, you might just see a massive gapdown in the next few days Nothing to worry, just buy, buy and say bye bye. Hope all are enjoying the ri$$$$$$k free monies. Not a penny of ri$$$$$$$$$$k
You realize the gap downs never works and just lead to green candles. Bears get excited about some small futures move and the minute it hits the real trading day, it just grinds higher all day while making instant V's. This will consolidate here until the fed and then will go higher again since that's the only path in this unstoppable market.
LMAO?? Nothing can stop this force? We are the ones LMAO, because you did again: retarded post at the exact high of the day. Huge sell off right after you posed that message.
Oil either showing signs of a deep recession or is it just the dollar playing head games....gold looking parabolic again.....gold doesn't move 70 bucks an ounce for no reason!!
Huge? A few bucks that will walk right into another V. I do agree that it’s pretty boring when the market just grinds like this. All these slow motion attempts at a drop never work out.
I think the Oil move is a continued to lower future growth as well an inexplicable raise of supply from OPEC in midst of a slowdown. That's what Paul Sankey was saying today on CNBC's Fast Money. It's possible the OPEC countries themselves need money so they are raising supply. $DX lower and Gold higher makes sense. Silver & GDX also rose in a red tape in the markets. That is probably more unusual. It's interesting today the bonds & equities both went lower. EAFE & Emerging Markets again outperformed the US so the GTFO of US trade continues. All these trends may reverse if the madman running the US decides to tank the global economy via Chinese embargoes and the DX would then skyrocket on fears of a global recession not seen since 2008. Even Gold fell initially during the sell everything phase.