Another gap down. Thanks Trump.

Discussion in 'Economics' started by Overnight, May 11, 2019.

  1. %%
    Yes , who would have figured longs in bull market?? As far as weak hands ,one excuse is about as good as another.They were panic selling long before anybody had twitter/FB.
    Im not a market maker ; but I like the market maker quote ''you will probably get the news before I do'' He has better thing/numbers to watch than any news/tweets.:cool::cool: Thanks
     
    #41     May 12, 2019
  2. In general you're right, but these longs happened as soon as the news came out, with extremely high volume on the ETF. They were directly connected to the Sander's tweet, and tariff press conferences.

    It's been three days since we had bowl shaped daily volume on the SPY. We're getting volume spikes at 11:30 that are bigger than the opening candles.
     
    #42     May 12, 2019
    murray t turtle likes this.
  3. %%
    Good points. And the market maker was right also ''you will probably get the news before I do'':cool::cool:
     
    #43     May 12, 2019
    Stockolio and Risepoint1879 like this.
  4. steve2222

    steve2222

    11:30am is also the London/Europe close, often there is some extra activity at this time due to the 'across the ditch' close - especially at EOW and EOM.
     
    #44     May 12, 2019
    Risepoint1879 likes this.
  5. volpri

    volpri

    He plays them and they aren’t smart enough to see or understand. He lights another fire before they can pounce and put the previous fire out....so hilarious..i laugh and laugh..bunch of ignorants. Fighting fire with fire...so funny.
     
    #45     May 12, 2019
  6. Turveyd

    Turveyd

    As long as Trumpy can create more big strong 200+ pt moves on YM like Friday without any real change to cost me, then I'm happy, Go Trumpy!!!

    Should likely read his twitter feed, posts, EXIT assess direction from tweet, enter ride it till next twitter post.

    Prefer Twatter mind!! :)
     
    #46     May 12, 2019
  7. Cuddles

    Cuddles

    Eh, he flip flops more than he stays true to his threats. Look at the deadlines i'd say to see how real the bluff is.
     
    #47     May 12, 2019
  8. maxinger

    maxinger

    upload_2019-5-13_7-53-11.jpeg
     
    #48     May 12, 2019
    murray t turtle and Stockolio like this.
  9. #49     May 12, 2019
  10. Calm down ladies, the PPT will be in full effect by tomorrow 4am
     
    #50     May 12, 2019