I agree that today's trading has downside implications going forward. I look for more downside next week when earnings come out.
Option trading under $8 today.
Thank you for the post!
To put this in proper perspective, the S&P March 1200 call is currently $10 So i'm saying it's going lower than $10, and you're saying it's...
Not true. And I say that respectfully. The S&P won't reach 1200, so you can forget about 1250 by March. Good trading!
Retailers have rebounded too much too quickly and are the most vulnerable to a correction.
Doubt we'll get to 1200 by March, so forget 1250.
Respectfully, I didn't miss it, i'm actually ahead of it. It's coming.
I agree 100%. There is a correction coming very soon. It will be sharper than people expect. There is little upside left in this market. And...
The drop that occured today that leaves a single bar top in place from yesterdy may be difficult to breach. It looks as though volatility is about...
Thread 100% accurate so far. So if that's dumb, i'm really stupid!
Looks like falling market caught on this thread.
Well said Shortie. The complacency is incredible. It's about time for the volatility to go up, and the whip saws to come back.
Do you have anything to contribute to the discussion of earnings, trading and the trend of the S&P index? You sure don't act like a moderator....
S&P 500 index has 1150 on a closing basis as strong resistance. As long as that holds into next week, thre earnings may help tip the scale to the...
That is correct. But the release of data that will show inflation is not coming for many months.
Haha, except I am not Rowshan. And that's 100% guaranteed. Anyway, i'd like to stick to the topic at hand please.
I totally disagree with you, respectfully of course. The richest people in the world, and the richest (and best) traders are the ones who can...
Exactly. The best traders are the ones able to be a step ahead of the masses.
When earnings come out the "hope" for growth will dissipate.
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