ES Update

Fed whipsaw. Market selling off but futures are already oversold so whipsawing a lot. MFI is rising, and gap direction tomorrow will depends on unemployment numbers.

Took a loss and bailed out of my long positions, shorting TUR because US market is already oversold. The way I see it, I;ve got 23 days for Turkey to tank again.

I'm surprised the market tanked TBH.

Komentar:

Garbage stock short squeeze is still on, PTON is going up, small caps still not tanking. Guessing tomorrow is gonna be a mixed bag much like last week when garbage stocks went green with teh market dropping.

Unfortunately I'm not a big fan of garbage stocks....

Komentar:

I think they pump unemployment numbers tomorrow because they need to get rid of the oversold condition somehow.... not to mention squeeze shorts.

Tomorrow is a complete crap shoot though. News trumps indicators.

Komentar:

Went long on stocks, 401k only. No long options, too much whipsaw.

Komentar:

Sometimes it helps to sort your list by % change for the day....

Biggest movers up were all garbage stocks today, lol.

Komentar:

Futures up on NVDA and ETSY earnings.

Gap direction is alll about unemployment numbers, if it gaps down we probably bounce again anyways.

Komentar:

I've got the market heading up tomorrow, not sure about Friday.

One day at a time.

Komentar:

BTW, the market gave up the Powell pump already, I said that had to happen.

Village idiot.

Komentar:

Futures will more than likely stay green until the unemployment claims numbers come out tomorrow morning (8:30am long with GDP), then it'll explode up or down, lol. No point in watching futures tonight.

Trading ditutup secara manual:

I'm out. Broke even for the week, that's good enough since I'm taking tomorrow off and heading out of town.

I actually made the right calls this week, but played the wrong stocks. It happens.

Komentar:

Wow, didn't expect the market to tank after I sold, lol. Should've bought puts, was busy with other stuff. Will post an update.