In order to best gauge the next move the market makes from here, I’m curious as to what folks are thinking/planning here in the coming days.
If you’d be so kind…
http://www.easypolls.net/poll.html?p=5818cdf2e4b02551cf458cac
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but, butttt, the “market” was all clear weeks ago??
never heard of anyone doing polls in order to trade….
whut da fuk do i know? i’m short small caps like a mthrfkr..
Fucking liar. You troll from your mothers basement while trading her 4 figure 401k.
my mother’s basement? really? that the best you can do?
keep crowd sourcing them trades..
ya think Goldman can hire this guy to come up with muppet crowd sourcing trade “strategies”?
Been crowd sourcing trades for over a decade…was I supposed to shut down when you showed up?
I suppose your comments alone were worth walking away… Lol, fucking troll.
hey, i never called u a liar nor made fun of ur moms… but yeah, crowd sourcing……what the hell do i know….
The fuck? I have a scrapbook of you talking shit here.
well, i hope i never insulted you or ur moms LOL… and if i hurt ur feelings in any way, i’m genuinely sorry.
Don’t show up and be an asshole. Why do you care if I run a poll or not?
i guess he is entitled as there is a comment section ? and tryin to guess what a poll is worth for trading /obviously it is as market is 50%+1 probability
problem is why you are entitled offending him the rude way , when answering
First, I was barely able to translate that.
But if I did correctly, are you saying I can’t ask for mutual respect on my fucking blog? Are you the deciding vote, Captain?
Someone comes into your house and shits on the floor. How do you respond? One would have to be pretty relaxed not to get annoyed.
You should add a choice: “Any action I take would be driven by irrational emotions, so I’m sitting in my current 60/10/30 long/short/cash book and may add some $TZA if there’s a rally into election day”. That might be too specific, but it would get my vote.
I took positions bit before today rout
I took my major funds (401K) off the table back in the beginning of September. I am now looking to re-engage the large capped markets before the end of the year –
/cl at trend line support – trying some here.
If i had more cash on hand i’d go long some as well
I’m tried AVGO as a swing. Touched 200 day.
Interesting poll results. So let’s assume most people are moving to (or already in) cash. Does that mean it’s waiting to come back long and thus a rally is coming? Or does it mean that the current bias looking to get long means short side is the way to go?
I’m off all longs (they were broken before the slide over the last week) and only short now through election. Any moves higher are a reason to increase short exposure. I am long gold (via JNUG) and consider that similar to being short in this environment.
I’ve been long volatility and used today to sell some, but am looking for an excuse to add more before the election. Nerves will remain at least through Tuesday morning and should let VIX creep higher.
a rally is in the cards
was untill yesterday , likely still into xma
gold is rallyin big time
today rout volume are quite low and market isn’t positioned for a definite trend change imo
I am looking to increase short exposure means I will wait for rips to short. If we continue down tomorrow, I’ll miss that.
Covered IWM from 120.78 and sold UVXY from 14.50.
Didn’t time stamp them as the profits are only about 20% off my realized losses since buying dips in August and September in a variety of stocks.
I use the weekly 10EMA as my guide for long/short.
I ended up closing out all of my UVXY but then decided to rebuy 500 shares just in case it continues. Sure feels like a rally coming based on this afternoon’s action…will be a good opportunity to reload.
Have an alert for 16.50. May have a quick drop after decision, then a trade into Tuesday
Where’s the guy that bought 3000 UA @ 33. He posted, celebrated and then vanished.
Sometimes it’s best to do nothing. It’s all about the election right now and that’s not a bet for my money.
Sneaky moves LABU IBB up
I’m not a fan of people who are constantly jockeying gold or silver, but at this point, gold and silver are likely to move up, barring a dollar that rockets higher. Silver is more attractive to me at this point, it has more energy coiled to move higher, and has an industrial use that gold doesn’t have as much of.
There is a serious correction risk at play right now to the tune of 10-15%, based on the rounded top pattern that is playing out on the S&P.
With the election being what it is, and money rotating in the markets out of bonds/treasuries/REITs/Dividend Plays/Staples etc., and into overvalued growth equities, this time of uncertainty is ripe to hammer people rotating into their positions.
I’ve been waiting for a leg down in energy, and it appears to be forming. There is a complete glut of oil that has not softened and the market has gotten ahead of itself quite a bit in the process. Growth is not where it needs to be to take care of the surplus in the short to intermediate term, so I expect a pull back to at least the low 40’s, before potentially moving higher.
The Shale/FRAK crew are not out of the woods yet either. Refinancing their debt hasn’t removed the glut of oil, and price has gotten ahead of itself. A retreat in prices to the low $40s would bring more scrutiny of the Shale/FRAK producers’ solvency, and in turn, more scrutiny of the banks who financed them.
Another recipe for uncertainty.
The general public is fraught with worry. Many people I know are sitting on cash.
It won’t take much to send people fleeing to the exits.
I made 2000$ on gold today
but not after your comment , before that
Longs in Futs. starting today, couple spots below I’m interested in. I’d guess I’ll get stopped overnight on this try. Would like to have some whipsaw cushion in to Tuesday of next week….. ES and SPX pretty much to the tick on the spots I was watching today. That’s all fine and dandy, but I’m doubting it will be that easy. Monthly charts on spx remind me a bit of the 2011 correction, just a slightly longer version. Willing to take a few lumps along the way to see if I’m right.
Long?? Futures look like shit. Below 2100
Yep, I like to buy them when people think they look like shit. 2100 is insignificant to me though, some levels below are way more significant.
To combine a few ideas – when whoever it was – when he mentioned he was buying UA hand over fist for long-term at 33 – I mentioned to him that 95 percent of the StockTwit and twitter crowd was “buying the UA dip for a short-term, medium term, or long-term hold” and the massive volume and location indicated a major fundamental shift in the direction of the stock.
I bought that day in pre-market 31.65 and bought another 2000 at 30.65 and yes I have 2 more buys to make and still feel wonderful at these prices. This is part of 401k long term holds. So yes short term does not matter to me here let’s come back in 2018 and see who’s up or not? But thanks if you were just trying to warn me and really I want to buy lower as well for the next half it’s all part of buying in 1/4 lots in a quality name.
I’m doing the same with MYL with first 1/4 today.
Z one last note. I remember talking with Bluestar and telling him he was crazy shorting Amazon at $275 he thought it was trash. Now it’s almost tripled in price but he covered much earlier on. Same thing here it may take a year but I believe UA will be #1 player over taking Nike so I can wait unlike Mr Markets quick reactions.
Vix telling me to buy soon.
Bought some first batch of VXX Jan puts. Gonna add more in few days probably
Just closed XLF short and added WFC.
Oil and Gas could be the biggest gainers into year end and the beginning of 2017. I just picked up Natty NG-F 2.805 and still holding my CL-F from lower. High risk high reward.
my stop on NG is in the 2.6 area but it’s a soft one as this may need some room.
Any reason on natty trade? Had been looking at that. Saw those OJ prices, and wondering if bad weather expectations or some Trump win positioning.
OA,
I really want to read your conclusions from poll results, especially considering unusual options you offered.
From what I see, people who raising cash are selling to the ones who going long, with quarter of respondents short or undecided. Am I looking at this thing wrong? Whats your take?
All comes down to risk tolerance and reward. Just don’t see reward outweighing risk at this time. I’m willing to wait and hit a single rather than pull a Baez and swing at pitches in the dirt.
is not that the advent of mr trump will make wall street shut off the door and go home…
not sure what u are trying to say.
/
Yo-Please be careful who you call Captain–The Captain
Wow, been a loooong time.
Man. Slow Fokin death for longs. Worse kind of market. Slow grind lower. Just give us a flush already
Per Bill Luby,
‘Right now the VIX:SPXhv20 ratio is at 2.68, which is in the 99.7th %ile. That’s a huge event risk premium.’