SPX/Future(s)...Just Buy?
Updated
BLUF: This Train has left the station...Lets See What this Market wants to do?
Have you ever been in an environment where nothing makes sense? Process...Manage your Trade(s)!
"There’s a point, seven thousand RPM, where everything fades. The machine becomes weightless, just disappears. And all that’s left is a body moving through space and time. Seven thousand RPM. That’s where you meet it. It asks you a question. The only question that matters, “Who are you?” --Carroll Shelby
Know your limits...Cheers...See you @ HappyHour!
Have you ever been in an environment where nothing makes sense? Process...Manage your Trade(s)!
"There’s a point, seven thousand RPM, where everything fades. The machine becomes weightless, just disappears. And all that’s left is a body moving through space and time. Seven thousand RPM. That’s where you meet it. It asks you a question. The only question that matters, “Who are you?” --Carroll Shelby
Know your limits...Cheers...See you @ HappyHour!
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Nothing Matters...."Nothing matters except for liquity and algos. The last 2/3 of the move occurs at the last 1/3 of the time. Of you can't get in, GET IN! Stop being the nagging guy that wants to improve the business!" --RealMacrotwitter.com/RealMacroEcon/status/1227189004530933760?s=20
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FookinGammaBrosTotal market gamma remains high and we now look at 3350 as support. The stage is set for a rally towards 3400...target 3375 as a first stop due to the amount of gamma associated with that strike. Negative news/tweets would be the only spark to move markets lower here as the various levels underneath are all fairly robust - signallying solid support. FOMC speaks today...
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Simpleton-Leadership “Don’t get hooked on hopium…Hope is not a plan. Hope is bullshit…“Get Comfortable being Uncomfortable…Shoot-Move-Communicate! 1. TEAM(s) over Ourselves…Lethality Expounded!
2. It’s All about “INTENT”
-Being Comfortable w/being Uncomfortable
3. ENERGY matters…”Fast is Smooth and Smooth is Fast”
-We are Always “ON” as Leaders
-Project “Stability”
-Priorities & Execution
4. TEAMs of LEADERS
-The #1 person is everyone in the stack
-The #2,3,4...is the #1-Operator
5. SITUATIONAL AWARENESS “Just because you believe something doesn’t make it true.”
-Being Diligent…360-Find-Fix-Finish”
“Stand-Bye…Bust it! Taking down the environment, reducing the noise, defining intent and removing obstacles toward more simple-efficient outcomes”
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imx.tdameritrade.com/imx/p/imx-pub/Monthly Summary
TD Ameritrade clients increased equity market exposure for the fourth month in a row during the January IMX period. The IMX increased to 5.68, up 2.34%, from 5.55 the previous period, reaching the highest point since October 2018.
TD Ameritrade clients were net buyers during the January period, and net buyers of equities which pushed the IMX score higher. Market volatility was light early in the period but spiked the last week of January. The Cboe Volatility Index, or VIX, which measures the volatility of the S&P 500 Index, increased above 19 for the first time since October.
The January IMX period saw more all-time highs for equity markets. The S&P 500 crossed 3,300 for the first time ever, while the Dow Jones Industrial Average breached 29,000. Returns for the three major equities indices were mixed during the period. The S&P 500 and Dow were both down slightly, 0.5% and 0.7%, respectively, while the Nasdaq Composite increased 1.6%. Gains early in the period were helped by the U.S. and China signing a deal to ease trade tensions, and solid economic data including an unemployment rate that remained at a 50-year low of 3.5%. Volatility picked up later in the period as the coronavirus outbreak amplified, with the World Health Organization declaring it a global public health emergency, leading to concerns regarding global growth.
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Institutionally, market and sector neutral means you are not taking any outsized bets. On a general basis, this is what that means:dwyerstrategy.canaccordgenuity.com/what-does-market-and-sector-neutral-mean/
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twitter.com/AlexanderTrade/status/1227249768096813056?s=20Breadth is Very Strong...Don't fade this strength!
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One hour into this Market and the 3375 expectation on the SPX reached, just a matter of time until we broach 3400...Don't go against this momentum unless your ready to be punched in the face...Cheers!
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Let's watch the ShitShow Selling into the close....
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