Hmm... if you are all getting that excited about under 1% drop in after hours trading... I think you will all freeze up in a real crash... Anyway, S&P500 back to where it was before so nothing really. Lets see what China and Hong Kong brings this morning. HSI went down almost 2% yesterday.
Why's that? You been watching the Senate? Looks good to me (also, that's probably as good a reason as any to short here)
Reasons for HK slide.. https://www.bloomberg.com/news/arti...e-saying-about-the-plunge-in-hong-kong-stocks I reckon it was mainly Zhou's comments about a "Minsky moment"...
Well... CCP meeting itself didn't really do anything I think. Shanghai didn't move as much as HSI... Maybe HSI went so big because it's inflated property stocks... that coincides pretty well with Zhou warning about Minsky moment/inflated assets/high debt level. That dragged everything down Europe started about an hour later... and then the decent macro numbers in the USA made the S&P500 shrug it's shoulders... 'meh, up'...
I meant about the more assertive policy towards Hong Kong. But made for some nice options entries today.
10k ES futures just got bought pushing it from 2560 to 64... that's decent volume in after hours... new highs coming up.
Pushing towards 70 now... of course I didn't buy at 64, since I was munching away on a bag of doritos... f#$ck...