Midnight rally

Discussion in 'Trading' started by Rickshaw Man, Mar 24, 2005.

  1. There could be an asteroid due to impact earth in three days....who cares buy buy buy. It matters not, the FOMC with its endless supply of money props up the stock index futures markets. They are the most active from their NY Branch. Everyone knows,
     
    #1311     Aug 1, 2021
  2. Overnight

    Overnight

    Nah, I ain't trusting this one tonight. Asian action was lackluster, and the EU has some numbers coming out with lower projections. Not passing the sniff test, so lowered my targets. The ES is only 1.5 points away from a close, the YM will take a bit more work.

    Lots of earnings coming next week though. And NFP on Friday. That is always fun.
     
    #1312     Aug 1, 2021
    KCalhoun likes this.
  3. Oh look the stock index futures are up overnight....SHOCKER!!

    Screenshot 2021-08-03 082736.jpg
     
    #1313     Aug 3, 2021
  4. Gee ya think the stock index futures will rally tonight.....DUH
     
    #1314     Aug 3, 2021
  5. horizon

    horizon

    It is crazy, keeps going up high. Do you Currently have calls?
     
    #1315     Aug 3, 2021
  6. destriero

    destriero

    Futures are lower. 1315 posts of dilettante non traders.
     
    #1316     Aug 3, 2021
  7. destriero

    destriero

    Or course he does, Bro. And he's long puts when the mkt crashes. A few mil of the 5D puts just in case!
     
    #1317     Aug 3, 2021
    horizon likes this.
  8. I smell a sell-off on the ADP number....or a rally, which ever way
     
    #1318     Aug 3, 2021
  9. horizon

    horizon

    You mean the NFP number this Friday?
     
    #1319     Aug 3, 2021
  10. Relentless

    Relentless

    So we could go up or down on the ADP release?

    Brilliant!
     
    #1320     Aug 3, 2021