Investing

The Short-Term Trading Thread

  • Last Updated:
  • Feb 22nd, 2019 9:07 pm
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Sep 19, 2004
22044 posts
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Waterloo
Every tech is like 10 or 11 days GREEN in a row :P - NFLX, SHOP, AMZN, etc...

AMD weekly, holy shiit. Why did I sell :( got stopped out at $11.7 I think
$10 to $15 (+50%) in 1.5 months
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Aug 17, 2008
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arvind84 wrote:
Jun 6th, 2018 2:22 pm
Too much passive money imo. Many respected investors/traders feel that this will magnify volatility as the computers just chase in the direction of the trend.
But who is buying ETFs if not retail investors? I doubt institutions hold a major chunk.

Plan to add to my short position at 67-70.
Actually the latest institutional portfolio strategy is not individual stock picking but buying beta => ETF's. Can't tell you who told me naturally. You'll have to value my paraphrasing however you want.
[OP]
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Nov 6, 2015
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Oakville
MrMom wrote:
Jun 6th, 2018 3:03 pm
Actually the latest institutional portfolio strategy is not individual stock picking but buying beta => ETF's. Can't tell you who told me naturally. You'll have to value my paraphrasing however you want.
Fair enough. Any insights as to what % of ETFs are held by institutions vs retail?
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Aug 17, 2008
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arvind84 wrote:
Jun 6th, 2018 4:55 pm
Fair enough. Any insights as to what % of ETFs are held by institutions vs retail?
I don't know that split offhand.
Sr. Member
Feb 17, 2012
633 posts
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Toronto
who made money off SIG? WOWZER! bought 20 $50 calls for 30c 6 weeks ago and sold for 4.50 this afternoon. Purchased some puts. lets see what happens.
[OP]
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Nov 6, 2015
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Oakville
Good morning!
Futures made new highs overnight and are consolidating.
Decided against adding to my short position, momentum is too strong, will wait for a turn.
Above 2780 opens up 2803 as a target.

Metals: Looking for closes above 1307 GC, 16.85 SI to confirm a buy signal and add more longs.

Edit: Bought 2785 calls expiring tomorrow @ 2.7 as a hedge for my short.
Last edited by margincall on Jun 7th, 2018 7:08 am, edited 2 times in total.
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Mar 22, 2010
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NQ futures we are right at previous Mar 13's high 7200-7210. If we fail to go higher, that's obvious double top but with the momentum being strong I expect it to go higher intraday then it's untapped territory.
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Oakville
rapashoo wrote:
Jun 7th, 2018 8:10 am
NQ futures we are right at previous Mar 13's high 7200-7210. If we fail to go higher, that's obvious double top but with the momentum being strong I expect it to go higher intraday then it's untapped territory.
I agree, need a divergent high. Money flows still negative and sentiment is uber-bullish :rolleyes:

https://www.cnbc.com/2018/06/07/buffett ... trong.html
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Oct 9, 2008
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Thornhill
"We are experiencing inflationary price increases in certain raw material and commodity based components due in large part to the headwinds created by the announcement and implementation of the steel and aluminum tariffs and other regulatory actions, as well as higher warranty costs," says Thor Industries CEO Bob Martin.

https://www.cnbc.com/2018/06/07/america ... lunge.html
--

The only Senator to try to counter Trump admin's tariff war is retiring soon LOL. Better than nothing I suppose for those of us who are/would be affected by these tariffs.

"Sen. Bob Corker unveils legislation to curb President Donald Trump's ability to impose tariffs, over objections from Trump himself.
Six Republicans and four Democrats signed on to the bill."

https://www.cnbc.com/2018/06/06/sen-bob ... riffs.html

--

Koch Brothers have already started an initiative to oppose these tarriffs. 1-term president.

https://www.cnbc.com/2018/06/04/koch-ne ... riffs.html
[OP]
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Nov 6, 2015
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Oakville
Short NG @ 2.99
Added ES short @ 2777, full position average 2767, hedged with 2785 calls as posted above.
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Jun 27, 2007
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arvind84 wrote:
Jun 7th, 2018 9:38 am
Short NG @ 2.99
Added ES short @ 2777, full position average 2767, hedged with 2785 calls as posted above.
SPX broke out from 2700-2740 range - this translates into new range 2740-2780 (+40)
expecting reversal right here (2780)
It's easy to grin when your ship comes in and you've got the stock market beat.
But the man worthwhile is the man who can smile when his shorts are too tight in the seat 😃
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Jun 27, 2007
4236 posts
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covering short puts in TSLA - will add back on the pull back
It's easy to grin when your ship comes in and you've got the stock market beat.
But the man worthwhile is the man who can smile when his shorts are too tight in the seat 😃

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