Heyyyy! Time for Round Two! At 10pm, S&P is down by -0.89% -- expect the DAX to follow suit then, in catching up: down -1.80% tomorrow...
Buy the dips. Tuesday June 19 3:30 PM EST. Buy GOOGL or NFLX OTM weekly call options. Thank me on Friday.
You have to learn to read the market. Look at MOO orders gonna drive the market up or down. Once they Run out where does the market go down or up. Trade the swings. Only hold for minutes not hours. You are not an investor you are a day trader, you make 3 or 4 or more years in a day and close out You do not hold over. If you hold over you are a long term investor.
My post doesn't read very well, gotta check that spell checker. Set up 2 seperate accounts one for long swings And one for day trading much easier to track your daily trades then .
"And now, ACT THREE!" SPX down 1.53% at 11:55ET, with the DAX cash closed at -2.46%, give the SPX an excuse to rise a bit: 7pts or so. {{ 2.5%/2 = ~1.25%| so we're down an extra 7pts, which is not *huge*, but again, there is an "excuse."}} Since we enter Euro-close just as US starts going to lunch, "Oy!" At the same time, the TRIN has skittered up through 11o'clock, which is not the *worst* selling agenda, but the _direction_ suggests it. As I hit SEND on this, ES front futures DOM shows 3800 contracts on the BID, 3200 on the ASK, showing baldly that *their* expectation is down, doobie-do- down down. It's twelve noon: the more of this hour that this continues, the more we'll end down, without a material recovery a'la Euro-close. This be U.S. driven. GOOD LUCK OUT THERE. 12:30PM UPDATE: After falling during the time I was posting, the market has turned from up on rather poor volume. I do NOT trust it. 2713. Let's see some volume, folks. Let's clear 13:16 ET (another 30 minutes, plus 15 minutes of squish, plus 1 more friggin' minute, cuz "Markets.") Show me some buying volume. DON'T show me a rising market because the sellers all went to friggin' lunch.