Oh, crap. Looks like I need to put on a hedge early for my up to 9 trading day position. Edit: Now long 1 MES @ 3236.00 as a 80% hedge for my fly. ES is holding its last intraday high too long for my liking.
Anyone trading the IBM earnings announcement after RTH ? I thought they were in the Nasdaq 100, but they are not. https://markets.businessinsider.com/news/stocks/ibm-quarter-earnings-preview-q2-1029407447# They are such a POS...should be trading in the teens....LOL.
All good Vanzy. Aaaaahhh, so you trading/holding lithium? Welp Monday I was hugely tempted to buy PIlbara Minerals PLS.AX. Lithium is looking bullish but imo there are certain players who are keen to keep price supressed and manipulate the market. The reason I didn't buy PLS is because lithium sector appears to be high risk and last run up on PLS it was smashed down on heavy volume.
Don’t like seeing M2K diverge the way it is. Not a broad based rise makes me question the legs of this rally.
IBM is trading at about a 12.5 Price:Earnings. They have always been and to this day remain one of the top sales organizations in the entire world.
The 3 o'clock drop or pop is the shorts last shot at a reversal here ... if not we`re off to the races.. this should be last hurdle today for the Bullys....