Re: Market Timing 07 (Nov 22 - Dec 24)
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Posted:
Thu Apr 25, 2024 5:30 pm
by winston
S&P 500 is at risk of crashing 44% — and selling early could pay off, says elite forecasterby Theron Mohamed
The S&P 500 is at risk of plunging 44% to around a four-year low, Paul Dietrich said.
The top strategist explained that selling stocks well before they crash can yield outsized returns.
Dietrich predicted a mild US recession this year based on multiple warning signs and threats.
Source: Business Insider
https://finance.yahoo.com/news/p-500-ri ... 48287.html
Re: Market Timing 07 (Nov 22 - Dec 24)
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Posted:
Mon May 20, 2024 9:21 pm
by winston
I’m Waving My Caution Flagby Jeff Clark
Meme Market Mania… Again
It’s largely due to the existence of zero-day-to-expiration options on the major stock market indexes.
These are options that expire on a daily basis. Trading in these contracts has increased the size and persistency of the daily moves in the indexes.
Folks have been buying large amounts of daily out-of-the-money call options on the market indexes (SPX and QQQ mostly). Market makers who are selling those calls need to buy the stocks of the underlying indexes, or futures contracts on the indexes, in order to neutralize their short call positions.
Now, with the old meme stocks catching fire again this week, and with the major market indexes surging to new all-time highs, it feels right to start waving the caution flag again.
Source: Jeff Clark Trader
https://tradesoftheday.com/2024/05/20/i ... tion-flag/
Re: Market Timing 07 (Nov 22 - Dec 24)
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Posted:
Wed Jun 05, 2024 8:37 pm
by winston
Traders: Don’t Be Fooled by This Bull Trapby Jeff Clark
The stock market’s spectacular intraday reversal on Friday may turn out to be a bull trap.
Bull traps are moves designed to sucker folks back into the stock market just before another large down-draft begins. And Friday’s action had all the telltale signs of one.
I’m not suggesting folks liquidate all of their positions and take a full 100% short trade.
I am suggesting, however, that rather than getting caught up in the current casino-like atmosphere of the stock market, folks might want to be a bit cautious here. NYSI sell signals have a good track record.
So, until this one is negated – with the NYSI closing back above its 9-day EMA – it is possible, even likely, the bounce that started last Friday is a bull trap. Traders should approach it with caution.
Source: Jeff Clark Trader
https://tradesoftheday.com/2024/06/05/t ... bull-trap/
Re: Market Timing 07 (Nov 22 - Dec 24)
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Posted:
Thu Jun 13, 2024 8:27 am
by winston
How bullishly do you want to interpret things?
by Jeff Remsburg
While the timing of the first rate-cut remains up for debate, nothing about today felt truly bearish for stocks.
Rather, it was simply a question of “how bullishly do you want to interpret things?”
Now, we agree that the Fed’s “kick the gain down the road” approach could open the door to some trouble in the months ahead but for now, the markets are happy.
So, how do we, as investors, respond?
By doing the same thing we’ve been doing…
We mind our stop-losses and position sizes but then we stay in the market, riding it higher.
Bottom line: If the market wants to climb, let’s not overthink it.
For now, the trend is our friend.
Source: Investor Place