Unique wrote:AMZN: LONG 625 calls. Daily 20EMA = 626.08. This is a small starter position, will add OTM calls if it gets to 626 and look for the deadcat bounce.
TSLA: I was filled long at the open, 205 calls.
TSLA: daily bull engulf already. I'm upgrading target to quadruple for the calls so stock means $216-218
I know you are in for a short term trade.. fwiw. death cross on TSLA 50d<200d on the daily
Yes, I plan to short swing once short-term reaches back the daily 20ema res ~
Way back in 1999 (tech bubble and Y2K liquidity scare) there was a similar pattern. Barton Biggs called the four stocks which pushed the market higher "The Four Riders of the Apocalypse" - intc, msft, csco and the fourth was either yhoo or ge. And 16 years later msft and ge are again in the same group
ES: 15m bull engulf trying to form. Two top wicks previous bars, and held 2019.50 61.8% fib. This bar and the 12pm bar will determine shakefest until 1pm or straight squeeze
Trades with cats wrote:The question isn't how this ends, it is when. Timing is everything.
"mene mene tekel upharsin" - from The Writing is on the wall, Belshazzar's Feast I just like saying that loudly
for those familiar with the above tale, we're all reading the same writing on the wall and none of us are quite sure exactly what it means, but we do know it aint good...
ELSEWHERE:
When folks move their funds into money markets, it’s a warning signal for the markets.
“…since mid-September investors have been shoveling billions of dollars into money funds. … [investors] park more investments in money-market funds when credit risk is high.” http://www.wsj.com/articles/money-fund- ... 1447038112
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.