Investing

The Short-Term Trading Thread

  • Last Updated:
  • Nov 30th, 2020 3:59 pm
Deal Addict
Aug 17, 2008
4493 posts
3741 upvotes
The trading floor is mostly virtual in the equity markets. Soon it may be time for Retail investors to direct their US trades to exchanges outside of NY state.

New York Sees Push to Tax Stock Trades With Revenue in Free Fall
July 20, 2020, 9:33 AM EDT

https://www.bloomberg.com/amp/news/arti ... -free-fall
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User avatar
Sep 19, 2004
23695 posts
5378 upvotes
where I belong
Tech +10% without ER or any real news vs. non-tech or SPY or DOW or IWM.... FOMO with world's money
Big cap tech was back with a vengeance and mocking all rotation theories after taking the short-lived breather last week.

Amazon gained a whopping 8%, making up most of last week’s losses. The beast added over $200B in market cap. Not bad for an online bookseller Winking Face💪🏻Money BagBooks

Tesla gained 9.5% to close at an all time high. Twilio gained 10%. Spotify gained 10%. Peloton gained 10%. Zoom gained 9%. Microsoft gained 4%. These are very large companies tacking on kabillions in one session. It’s banoodles.

Still, somehow, the Russell 2K closed lower on the day.
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Member
May 27, 2007
267 posts
137 upvotes
All out 3265 (+135). I think it still has some room to go but I'm not getting greedy. Maybe will go back in on a dip.
[OP]
Deal Addict
Nov 6, 2015
2969 posts
2114 upvotes
Calgary
Good morning!
Not much to say on ES, the grind up continues...watching 3270/3290 resistance and support at 3220/30
Long NG 1.66
Short CL 42.31
Both half size
Deal Fanatic
Jun 27, 2007
5472 posts
1897 upvotes
rotation day, they sell nasdaq and buy russel.
while rotation is bullish, who is incremental buyer?
low volume again
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 😃
In Fed We Trust - Make ES Limit Down Great Again!
[OP]
Deal Addict
Nov 6, 2015
2969 posts
2114 upvotes
Calgary
dlhunter wrote: rotation day, they sell nasdaq and buy russel.
while rotation is bullish, who is incremental buyer?
low volume again
Probably this guyWinking Face

Deal Addict
Aug 18, 2003
1043 posts
264 upvotes
YVR
Weird how oil moved up so strong. Predicting increased demand?
To learn who rules over you, simply find out who you are not allowed to criticize.
Deal Fanatic
Jun 27, 2007
5472 posts
1897 upvotes
trying long ES 3255
sold 3265
Last edited by dlhunter on Jul 21st, 2020 11:08 am, edited 1 time in total.
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 😃
In Fed We Trust - Make ES Limit Down Great Again!
Deal Addict
Aug 18, 2003
1043 posts
264 upvotes
YVR
dlhunter wrote: trying long ES 3255
So far 3 rejections @ 3268.75 - i was looking at that 3256 area for bounce. You beat me to it lol
To learn who rules over you, simply find out who you are not allowed to criticize.
Deal Fanatic
Jun 27, 2007
5472 posts
1897 upvotes
long NQ 10868

3265 resistance, triple top. should go higher, breadth getting stronger
not sure what's going on, some internals getting stronger, yet ticks are negative and VIX spikes. VIX expiration tomorrow AM
out NQ 10890, will wait for clear signal

- Hello, 33 Liberty? Send in reinforcements now! We need 1 terabucks pronto, bookies are selling hard!
15 long minutes passed, and first convoy CV-20 arrives on Wall st. Fire in the hole! Ticks ripping... Lets make Bezos richer! hmm, excuse me... Lets make Bezos great!
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 😃
In Fed We Trust - Make ES Limit Down Great Again!
Member
May 27, 2007
267 posts
137 upvotes
To change it up a bit. Long MSFT @209.80 just before earnings.
Long ES @3257
Deal Addict
Aug 18, 2003
1043 posts
264 upvotes
YVR
is this dump algos or real news?
To learn who rules over you, simply find out who you are not allowed to criticize.
Deal Addict
Aug 17, 2008
4493 posts
3741 upvotes
@Charles My guess


...although I would like to put the blame on the people who voted to procede with Judy Shelton as a Fev Gov :facepalm:
Deal Addict
Aug 18, 2003
1043 posts
264 upvotes
YVR
MrMom wrote: @Charles My guess

...although I would like to put the blame on the people who voted to procede with Judy Shelton as a Fev Gov :facepalm:
lol
To learn who rules over you, simply find out who you are not allowed to criticize.

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