The widespread lack of concern to today's move down is interesting nonetheless. At least it shows how well trained markets players have become. Said training represents a key ingredient in the eventual move down, whether this be it or not.
Today I was watching traders buy calls hand over fist with each downtick thinking they are getting the best deal ever, mind you, on the first real day of a down move - not a typically good strategy. What happened to waiting for the 3rd day or at least waiting at all?
exactly..And as a student of put/call ratios and other sentiment indicators for about 40 years..this is very bearish. I have called for a significant top last weak..
Hey Greg, I found out that Robinhood is setting up option trading with no trading fees. It is not live yet but coming very soon according to them. You may want to share this information with your followers if you have not already. What a great thing especially traders starting out to avoid fees to help maximize their profits.
I believe the Stock Market, and all other financial instruments sold off today on the news, that Congress voted on releasing the FISA memo. Plunge protection was activated by the Treasury Dept., to save the day. Tomorrow, or as early as after tonight's State Of The Union address, the markets will again surge upward! The markets always sell off on BIG news, before rebounding. Tonight, the POTUS, will talk about all the positive things that are going on, with respects to the economy. He will infuse even more confidence into the American people and American entrepreneurs.
I don't believe he will speak about the FISA Memo tonight, but when it's released to the public, the markets will tank again, at least for the short term.
Yes good point. I agree. The money has to go somewhere back into stocks we go. I think it was some profit taking for another great month of gains. With BABA earnings coming out on Thursday I think it a a great catalyst to help launch this market higher.
LOL.. you're killin' me! But words could not have been more truer than what you just emphatically said. I see exactly this happening as well. The markets will rip higher. It's a given considering how EVERYTHING pulled back, ready for the spring upwards.
Cryptocurrencies are the way to go in the long run, some stocks too but once we are able to blend stocks to blockchain technology, and allow for 24/7 stock trading tied to blockchain with low fees...ouff will be a game changer
Not sure that would be a good idea. That would be how the big banks and hedge fund managers could get involved, and create a fake market, as is what is going on now in the markets. We don't want banks or governments involved, noimsay'n?
The market is going through a good and healthy correction, that trend can continue for another week or so... I bought the VelocityShares Daily 2x VIX ST ETN (TVIX) last week, and it's up pretty good in a few days but I will sell it soon.
I don't think this sell-off is done yet, it can continue for awhile... in fact last week could have been the top, but only time will tell. All asset classes are in bubble territory, maybe they correct all at once... being in cash or shorting the market is not a bad idea, especially if this sell-off continues, which I suspect it will.
The market is experiencing a decent and sound rectification, that pattern can proceed for one more week or somewhere in the vicinity ... truth be told a week ago could have been the best, however the truth will surface eventually. #Upvoted & #Resteemed for this day
Thank you for constantly coming out with quality observations, I really appreciate it in my introduction to the trading environment. Keep it up.
The widespread lack of concern to today's move down is interesting nonetheless. At least it shows how well trained markets players have become. Said training represents a key ingredient in the eventual move down, whether this be it or not.
Today I was watching traders buy calls hand over fist with each downtick thinking they are getting the best deal ever, mind you, on the first real day of a down move - not a typically good strategy. What happened to waiting for the 3rd day or at least waiting at all?
exactly..And as a student of put/call ratios and other sentiment indicators for about 40 years..this is very bearish. I have called for a significant top last weak..
Hey Greg, I found out that Robinhood is setting up option trading with no trading fees. It is not live yet but coming very soon according to them. You may want to share this information with your followers if you have not already. What a great thing especially traders starting out to avoid fees to help maximize their profits.
I believe the Stock Market, and all other financial instruments sold off today on the news, that Congress voted on releasing the FISA memo. Plunge protection was activated by the Treasury Dept., to save the day. Tomorrow, or as early as after tonight's State Of The Union address, the markets will again surge upward! The markets always sell off on BIG news, before rebounding. Tonight, the POTUS, will talk about all the positive things that are going on, with respects to the economy. He will infuse even more confidence into the American people and American entrepreneurs.
I don't believe he will speak about the FISA Memo tonight, but when it's released to the public, the markets will tank again, at least for the short term.
Yes good point. I agree. The money has to go somewhere back into stocks we go. I think it was some profit taking for another great month of gains. With BABA earnings coming out on Thursday I think it a a great catalyst to help launch this market higher.
LOL.. you're killin' me! But words could not have been more truer than what you just emphatically said. I see exactly this happening as well. The markets will rip higher. It's a given considering how EVERYTHING pulled back, ready for the spring upwards.
Interesting day... Both Bonds and Stocks couldn't rally. Looks like they bought WYNN today :)
Also, maybe people took their mandatory IRA distributions for 2018 and the cash won't be coming back....
upvote resteemit done
Thank you Greg!
stocks going up tomorrow
Thanks again, Gregory, for your work and keeping us informed. Upvoted, Resteemed.
Cryptocurrencies are the way to go in the long run, some stocks too but once we are able to blend stocks to blockchain technology, and allow for 24/7 stock trading tied to blockchain with low fees...ouff will be a game changer
Great comment.
Not sure that would be a good idea. That would be how the big banks and hedge fund managers could get involved, and create a fake market, as is what is going on now in the markets. We don't want banks or governments involved, noimsay'n?
total opposite, everything will be public and out in the open
Nope lol
Great content as always, Thanks for sharing . UPVOTED !!!!
Yes! I have been thinking about the same. Just throw all the worlds stocks and bonds in one single blockchain.
The Local Coin Shop, down the street, has more fantastic deals than I can afford. So I only get a few.
Greg as always. You rock.
Could you, If you like make a video about diffrent crypto you like?
Exept Steem ofcourse. I think many would like it.
Resteemed and upvoted!!
Amazing job continued to tender master @marketreport
Salamoalekom :)
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Sir, upvote and resteem done.
Money Heaven, sounds like a nice place to retire.
ZERO!!! upvoted/resteemed
Thanks for the information.
Gold down again today. Who said it would be easy being your own central bank?! I guess I need that fractional reserve part.
The market is going through a good and healthy correction, that trend can continue for another week or so... I bought the VelocityShares Daily 2x VIX ST ETN (TVIX) last week, and it's up pretty good in a few days but I will sell it soon.
I don't think this sell-off is done yet, it can continue for awhile... in fact last week could have been the top, but only time will tell. All asset classes are in bubble territory, maybe they correct all at once... being in cash or shorting the market is not a bad idea, especially if this sell-off continues, which I suspect it will.
Thats a outstanding post..
I like this post...
Thank for sharing..
Resteemit done..
👍👍👍👍
Great post dear..
Upvote and resteemit done...😊
Rrsteemed and upvoted
Great, thanks!
The market is experiencing a decent and sound rectification, that pattern can proceed for one more week or somewhere in the vicinity ... truth be told a week ago could have been the best, however the truth will surface eventually.
#Upvoted & #Resteemed for this day
upvote & resteemed dear friend @marketreport
I saw your video @ grinman post. It looked so good
good job mr robin houd
Thank you for your informastion
Good post Mr Robin Hood!!
Thanks for sharing Sir !!!
Nice post sir!!!
Thanks a lot for video Mr Robin Hood
Resteemed and upvote Mr Robin Hood
You are best !!
Resteemed sir
Thanks for information Mr Robin Hood !!!
Thanks for sharing!
Thanks for the video Mr. Robin Hood!
WoW... the stock market can actually go down???
Who Knew??? :-)
Lovely day indeed!!!!!!!!!!
Re-steemed
Thanx for update...... Ciao
@marketreport you crack me up Greg! i would have to see a 5% drop in a day to even get an ounce of concern! upvoted and resteemed
Resteem and upvote robin hood
Just sayin'.
So, what are you sayin'?
ITS ALL GOING TO SHIT REAL SOON
Upvote...
Ready for a slight pullback in gold and oil before it goes higher.
Resteem and upvote
At the 4 minute mark, Greg just became a concert promoter announcing President Trump and the whole Motley Crue.
Please, Greg, let me buy mosh-pit tickets for that gig!
The stock market won't go down until it does. Looks like a 2006 Peter Schiff housing bubble warning all over again.
Up-voted
and Re-Steemed.Thank you for sharing that ❤️