Gotta love ZERO RISK in the SP500 = $$$

Discussion in 'Trading' started by makloda, Jan 27, 2007.

  1. Loving it.
    I think next week should hit 2850-60 area.
     
    #16371     Jan 20, 2018
    noddyboy likes this.
  2. S2007S

    S2007S


    Exactly....they will have a deal before Monday morning....I'm thinking sometime Sunday evening which will cause stocks to surge at least another 3% next week....Dow 27,000 by Friday!
     
    #16372     Jan 20, 2018
  3. I think this thread is quite entertaining. Some of the claims here made me do a simply study this morning based on data I have access to. Looking at Open (09:30) prices in the e-mini S&P500 for 2018, I found the following:

    Average: 1.0
    Median: 1.5
    Average positive: 5.0
    % positive: 59%
    Average negative: -4,75
    % negative: 41 %
    Maximum positive: 26,25
    Maximum negative: -20,75

    So, I'd say it's fairly balanced with a skew towards the positive of course (it seems to be acknowledged by most people that stocks have a positive bias).

    Looking at Monday only, the average Open is in fact + 2.00 points and is the highest average of all weekdays with Tuesday/Thursday being the lowest.

    However, if I were to zoom out and look at say the last 6 years, this data changes and Monday's Open is in fact on average equal to zero.
     
    #16373     Jan 20, 2018
  4. Overnight

    Overnight

    No, could have made good scratch just in and of itself. With one contract on both YM and NQ could have made 1300 bux or so.

    Bought a new 2017 4-door sedan for ~$29000 after discounts and rebates. That is all thanks to trading. Without it I would not have been able to buy the thing and afford payments.
     
    #16374     Jan 20, 2018
  5. Visaria

    Visaria

    I'm looking to buy a Porsche. Unfortunately, I think I might be clobbered on Sunday evening. I would say Dow futures opens 100 points lower.
     
    #16375     Jan 20, 2018
    noddyboy likes this.
  6. noddyboy

    noddyboy

    I think the market will be range bound next week. Then we can rally again.
     
    #16376     Jan 20, 2018
  7. Aj2014

    Aj2014

    Range-bound or weak up, i'm thinking.
    But yeah, soon after we should be rallying hard again
     
    #16377     Jan 21, 2018
  8. S2007S

    S2007S


    $1300 is gas for the year....eh you always have Monday to make those extra bucks


    So you bought brand new car with all dollars up front? That I have never done...I don't see the point of dropping tens of thousands of dollars all at once even though you have it...would rather get a new car loan at 2-3% and pay it off Monthly....did that with my first new car....now I only lease...did the math for an extra few bucks a month I could continuously drive new vs financing a car for 3-4 years
     
    #16378     Jan 21, 2018
    noddyboy likes this.
  9. Visaria

    Visaria

    I've always paid for a car with cash upfront, full amount. I'm thinking that finance might be a cheaper alternative. Looking to buy that Porsche, and selling it after 10 months.

    London bucket shops expecting dow to open 90 points down btw.
     
    #16379     Jan 21, 2018
    noddyboy likes this.
  10. noddyboy

    noddyboy

    Too much money on the sidelines, they can't keep it down for more than a day. If that is true, good, it is time to buy more.
     
    #16380     Jan 21, 2018