SPDR S&P 500 (SPY) News

Don't Freak Out !---Vix Froze Up a Month or two ago---didn"t last long----Don't know why it does that---when it happens mkt moves up!----anyway 5 min CCi divergence is the Primary By/Sell Sig--- Vix only improves u odds !!

T&S DJX P/C #'s---3,190//414 !

Pivot Calcs: SPX Pivot--5911----R1--5953----R2--5978----S1--5886----S2--5844-----SPY Pivot--590----R1--594----R2--596----S1--587----S2--582-----VIX Pivot--16.18 !!LOL!

4 stocks (1,056 Dow points) today

UNH GS JPM CAT were responsible for 1,056 of 1,500 Dow points today

i wont even need to get into AXP MSFT or AMZN nor NVDA and TSLA and their weight today

no matter how good Trump is and trust me i am glad he won, but he cant stop the next recession, he cant stop the treasury issuance, but he can deal with taxes and his tariffs, albeit good, will cause some pain but longer term that is good.

inflation has bottomed, so that is a problem

the stock market has pulled so much forward, especially NVDA CAT UNH JPM GS AMZN QCOM DELL AXP and TSLA

i dont think it will be easy for the stock market to sustain levels above 5800 or 5900 let alone 6000+, however, you will probably right about SP 500 at 6000 but i would short everything under the sun at 6000-6200 if it even gets there.

Deportations will lead to unemployment and higher wages (good for workers, bad for wage inflation and overall inflation)

CHINA has been quiet, they will devalue their currency and the US dollar will rise even if rates fall against many curriencies, however, i think rates are eventually going to 5-6% because the TLT could see $70s

IRAN ISRAEL war is not ending anytime soon IMO
UKRAINE/RUSSIA who knows

CHINA TAIWAN is definite possibility at anytime

the DEMOCRATIC party is dead and will probably try to cause issues until trump is sworn in and long after he is sworn in

i think the stock market had a major pop on Trump and celebration is in order but the higher this market goes on multiple expansion at this stage in the game has be even more cautious. the ROI now at 5900 is not great, even a 5% gain from 5900 would not be easy and would you really want to chase the SP 500 at 5900 or 6000 when rates will probably yield 5% soon?

Bitcoin is also hitting a major sugar high imo and that could be the first signs of a top as well

if you are not selling at 5900 after a run from 3500 Oct 2022 lows or 4100 Oct 2023 lows, when are you going to sell?

GREEDY PIGS GET SLAUGHTERED

Computers contrary to your understand still require human coding. The bias is baked in. How did these master programs do in a Pandemic? not very well as they said BUY BUY BUY till just one death on our soil. I would say that is proof enough human emotion and humans with extreme bias code these algorithms. Valuations already thru the roof. GDP to debt not seen since start of WW II. Buffett has 335 billion and adding money every single day to his CASH position. Largest ever.

Weigh that against irrational exuberance. ONLY saving grace is we are approaching holiday season and that will NEVER ever be disrupted. We have maybe another week to see any major reversal and after that not till early January.

Chartmaster locked and loaded with call options!
2 AMZN Dec 205
2 AMZN Dec 210
5 GOOG Dec 175
4 GOOG Dec 185
3 IWM Jan 250
2 NVDA Dec 150
3 SPY Jan 610
8 TQQQ Dec 80
2 TSLA Dec 310
and some AAPL that's not working

It's going higher is all we need to know! That's how I read the tape! So I just went all in with TQQQ, IWM, AMZN TSLA and SPY calls! And already have 9 calls on GOOG and some AAPL

I understand that part...I. very old school....which means on crazy up days like today there would b major profit taking yet you see none.  irregardless of the new trend some very big fish took profit.   
    there really is none of that trading anymore.   Is it due to all computer algos that can smooth out the ups and downs?  It's impressive to say the least.

SPY is making a Key Reversal Outside Week, expect several weeks up from here now! 567.89 low of week will Not be seen again!

The tell is we are NOT selling off from the open, actually making new highs now, so it says there's more to this rally, not a pop and drop, big diff! I added 2 AMZN Dec 210 calls today!

Honest 2 question.   Who or how can anyone buy these levels consistently and keep it from retracing all day?   and why wouldn't want to take profits at these levels?

KEY REVERSAL WEEK ALERT! I just bought 2 Jan 610 calls at 6.34, SPY will melt up till inauguration

can't touch this....vix is wrecked

Bring in the tomato plants;)

I expect that to fill so buying 580 puts 11-15 as the are Phio mate turn aand Bradley turn for 11-8 and 11-13 plus a Fibonaci cluster so gap should fill

Line In The Sand !---Careful ---Vix Eradic Today !!LOL!!

nice continued trades when you refer to LITS what does that refer

Yes the gap from 576 to 589

blow off top ?















3 years earlier

SPX 5 min CCI Turning Back Up !---Still 80%-- not a bad Trade for a few mins werk !! In/Out Rest Day !!LOL!!

Closed 575P .76!---Vix Reversing!-

SPX 5 min CCI Rollin Over !

Nice Vix 1 & 2 min Rising Wedge---Upper T/L 16.69---Looks like LITS For Today!---We'll See ? Runnin Out The Apex ??

Covered 1/2 585P .82!

Back to Da SPX 5 min Red Line ?? (5833)

SPX --Need Clear Support at 5777.55 ?

Next VIX Micro Fib 16.37?

SPX 5 min CCI Sell/Sig ?

SPX Double Top at 5907?

I can see this one may take a few entries to get it right?---1st hurdle Micro Fib at 16.22?

Target SPX Fib at 16.67 ?--Nearest on the Upside ?

Ridin SPY 585P .42?

are you talking the gap at 576?

it is a stange one but most gaps fill the question is how long B4 this one does
a week or end of day

Surely this isn't going to keep going north before it at least tries to fill the gap

blow off top.

GS up $65!! not sustainable
TSLA up $36
JPM up $20
UNH up $35
CAT up $26

10 yr yield up 4%
TLT getting clobbered

etc etc

these moves are wild and that is how blow off tops form

That is one heck of a gap up!!  Hope that doesn't mean it's going to bleed out for the rest of the day

Pivot Calcs:----Pivot--5762----R1--5803--R2--5823----S1--5742--S2--5701-----SPY--Pivot--575----R1--579----R2--581----S1--572----S2--567-----Vix Pivot--20.91 !---Hail to the Real Commander & Chief ! Hope He Can Put Some of It Back Together !---!!LOL!!

nasdaq was on a mission today

576C .41--Vs--575P .33 ?? Into The close ??

Nice Rising Wedge on Vix 1 & 2 min----which way gonna take it ??

Quick Reverse on Vix---still bagged 50%----I'll take It !!

Out 574P .54! Vix Reversed !

Covered 1/2 574P .60! At R2 !

Sell it Boys??

Mkt Rejected at Da SPX 5 min Red Line as Posted---Ya Baby!!

Back Down to Da 5 min Red Line ??

SPX 5 min CCI Dropping---Sell/Sig !

Ridin 574P.36? Try That ?? Vix Tryin to Recverse ?

Trump win????   No breath taken once it started rolling and the vix continues to get hammered.    I got out with a small gain and don't have the balls to go long