Pretty much the herd overleveraged short...overleveraged long ahead of the FOMC on 9/17...I think that's all about all there is to it...derivatives of derivatives of derivatives...
My guesstimate is this week will finish in Claret, SPX trading a tad below 20mma (2,004), but mofo Naz is above it's mma, hence we haven't seen acceleration to the downside.
shorted dow future, small position, slight hedge against my long es Possible double top on daily dow future chart.
agree. That may keep us green a while longer but is all running on fumes right now..could stop at any minute I saw that double top as well and watching today to see if it bounces off that line
jobless claims back to norm..means good news is good..bad news is bad again Fed back in play for Dec..dollar spiking hard...gold crashing a bit..more uncertainty heading in Oct FOMC ES looking like a down day...Claret Biotech strong yesterday..maybe profit taking today... LABD (48 is always a good buy) high volatility ..good trading day maybe we have finally found some resistance to sell
added a bit to PACB this morning, just the shares i took off last night in case of a gap up out of half here at 7.43, free roll on the rest.