johnpaulca 12,036 posts msg #137724 - Ignore johnpaulca |
8/18/2017 2:13:08 PM
Eman93
4,646 posts
msg #137723
- Ignore Eman93 8/18/2017 1:25:37 PM
XIV like an ATM today LOL
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I was watching the weak hands bailing on the bounce. Market makers will be taking it back up, will be allot of dumping shares on the way up.
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shillllihs 6,047 posts msg #137725 - Ignore shillllihs modified |
8/18/2017 3:22:16 PM
The first thing I've ever agreed with. This may go to 66 or just will step up slowly. Those dumping trying to get in cheaper will chase it all the way up.
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johnpaulca 12,036 posts msg #137727 - Ignore johnpaulca |
8/18/2017 4:55:31 PM
VIX/XIV ratio is still above 40ma...sell signal
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pthomas215 1,251 posts msg #137728 - Ignore pthomas215 |
8/18/2017 6:02:53 PM
This last dip feels different, as the sentiment is that Trump is having pretty significant problems getting anything passed. Plus he is not liked by many. I know it is just geo political but it may take SnP down to 2370.
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gmg733 788 posts msg #137754 - Ignore gmg733 |
8/20/2017 11:09:30 AM
If you won't to talk fundamental macro stuff, then the Trump 'market bounce' just got fired Friday. If you read some of Bannon's post WH interviews, the Trump campaign promises are dead. So rationally the Trump rally at the least bit is over. I'm waiting to see if market change before I make any changes in my trading. For now it is still buy the dips until it doesn't. Market feels lofty, but it could channel sideways too.
Trading...
Watching /6B for a bounce. This looks like a really nice set up. We'll see if it comes through.
Lots of stuff in no mans land. Would like to see where /GC resolves. Everything I've read says higher which probably means the heard is wrong again.
I've been doing short 10 delta strangles in /NG, /CL, /GC, /ZB and /6E when vol pops. Been profitable so far with no losers. These have pretty much been grinding sideways.
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pthomas215 1,251 posts msg #137756 - Ignore pthomas215 |
8/20/2017 11:44:53 AM
gmg, agree. even though the market is not efficient I do think valuations have priced in tax cuts, healthcare, etc. and they havent happened, so as you say Friday it was...."you're fired". Interesting times...
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four 5,087 posts msg #137762 - Ignore four |
8/20/2017 8:24:40 PM
Next?
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four 5,087 posts msg #137763 - Ignore four |
8/20/2017 9:15:35 PM
Next?
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johnpaulca 12,036 posts msg #137770 - Ignore johnpaulca |
8/21/2017 9:47:34 AM
Daily chart for XIV trade
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johnpaulca 12,036 posts msg #137771 - Ignore johnpaulca |
8/21/2017 10:18:35 AM
XIV...from the chart shown you should still be short for swing traders, still lots of opportunities to counter trade long.
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