I can see a nudge lower. Just not convinced it will go anywhere far without any news. Bear murder algos lurking at every dip.
Bear murder algos engaged... 6480. Could see a lot more than that with the right headline. Guess it can take a swan dive, too, although not so sure...
Orange TACO going after mail-in voting and machines for midterm might just be the start of cracks appearing in the bull market. Then again maybe not how complacent WS has been to his chit.
Today I'm re-reading Brave New World, lately I've been reading mostly fiction and a few books on geopolitics. I think I already mentioned the last trading/investment book I read a while ago: Here summer is also almost over, a few weeks ago sunset was at 10, now at 8:30 and in a month it'll be dark at 6, man... I can't wait to retire early and become a sunseeker I do miss last year's trading and I certainly could live without all this American drama, even if it doesn't impact me directly it really gets on my nerves.
Lousy 2 pointer to start the day, then sitting on my hands. Geez how many more days like this? FOMC last meeting minutes released on Weds, then Powell Jackson Hole speech @ EOW. zzzzzzzzzz
So, who's gonna lie and say today's session was easy? Unless this rips through the HOD it will be one of the 3rd smallest ranges so far this year. I'm still hopeful that can happen, but not so sure. Good thing you mentioned it as I had planned to read it, but forgot about it. Thanks for the reminder! A Brave New World is pretty good. Read it a few years ago for the 1st time.
Part of being a great trader is to know when not to trade . Today was that day you sit on your hands and do nothing as we never broke any ranges to trade long or short. It was just a dead 10 pt range nothing day .