Bear thesis looks fkd for tomorrow

Discussion in 'Trading' started by KCalhoun, May 22, 2022.

  1. Overnight

    Overnight

    It amazes me that a statement like that could cause all future indices to drop, considering the company that said it. Snap chat? Really? A photo-chat social media thingy?

    Something else is behind the drop that we do not see. They are not Target/Walmart combined.
     
    #61     May 23, 2022
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  2. isn't going long on uvxy the same thing as shorting nq?
     
    #62     May 23, 2022
  3. pssss....words on the street is monkey pox...who knows?
     
    #63     May 23, 2022
    KCalhoun likes this.
  4. Jzwu2017

    Jzwu2017

    If you shorted NQ you can get out now and take the profit. Nobody knows what’s gonna happen tomorrow.
     
    #64     May 23, 2022
    vanzandt likes this.
  5. KCalhoun

    KCalhoun

    I lost alot holding inverses over the weekend.

    Futs down so I rebought 400 uvxy plus some sqqq etc
     
    #65     May 23, 2022
  6. my broker td ameritrade let me sell sell uvxy after hour until 8 pm est tonight. so far i'm up 2.52% after hour. your broker must sux if can't trade after hour or premarket hour for uvxy.
     
    #66     May 23, 2022
    KCalhoun likes this.
  7. Jzwu2017

    Jzwu2017

    I don’t trade after hrs. Have a real life. :D
     
    #67     May 23, 2022
  8. KCalhoun

    KCalhoun

    Tru.. I bought 300 uvxy at the close and just bot 100ah. I'm on the fence re buying more, uvxy under 18-21 is a bargain, but it's volatile.
     
    #68     May 23, 2022
  9. vanzandt

    vanzandt

    I agree. Unless the whale algos were planning to tank things tomorrow anyway. That would really surprise me though. That close was strong. Not just the $ amount, the strength of the incoming volume on every little dip in the last 50 minutes.
    I dunno. Like I said, 11835 should hold. But I could be wrong.
     
    #69     May 23, 2022
  10. Jzwu2017

    Jzwu2017

    You didn’t take profit? In this volatile market I’d just grab whatever I can.
     
    #70     May 23, 2022
    KCalhoun likes this.