Short term trades in the stock market •$$$$$•

[OptionDork]

DDD weekly 51 call options bought Friday would have returned about 1900% at their peak yesterday. FAZ 32 calls yesterday at .15 today ended up at 1.14 so every day there's always something going on. Up down doesn't matter.

 

[Stonefree69]

Not a bad time to buy Dow and/or S&P Index or other futures. Market up already and Syria may be diffusing a bit - leaving economy more in charge of news. Unless of course there's a surprise. If market is recently overbought though could be a short term down correction before going up.

Can't say those lows haven't been already tested!

S&P 1 month

 

[Jbomber79]

Shit is going off, it appears this stint will be for the next couple of weeks, fiscal year all that shit should spur the economy.

 

[Stonefree69]

Like I said market could go up and a good time to buy:

S&P 1 day 9/10/2013

I also cautioned a possible short term correction down (overbought). No one really can pick the exact bottom or top all the time, just getting in the trend is important & timing is never really perfect.

This market reaction looks good for bulls. Barring nothing hits the fan.

 

[yesum]

Was gonna short this week but kept the long. 2 days of good gains, will just sell and get out for the week.

 

[floralheart]

Buy, Sell, Trade, Short, Bud Fox, Gordon Gecko; Greed is good, Oliver Stone. That's all I know about trading stocks.

 

[oceangrownkush]

Just turned my life savings into silver..

 

[Stonefree69]

Up again nice today! You can see from 1 & 6 month charts hasn't tested 1700 yet. Hey if I keep saying buy I'll be wrong eventually.

S&P 500 1 day

5 day

1 month

6 month

Also "Stocks mostly rise on Wall Street; Dow, S&P 500 up but Apple pulls down the Nasdaq composite" - LOL where did I hear that before, sound familar?!
from: http://www.washingtonpost.com/busin...2a990c-1aec-11e3-80ac-96205cacb45a_story.html

 

[Jbomber79]

this might be a good run for the next 2 weeks! After that will shall see.

 

[yesum]

So I left the long go and will stay long for next week barring any new ideas from here or elsewhere.

The summer down draft is over and seasonality is favoring higher prices. Syria is just a sideshow at this time, no real danger to markets imo. Not gonna be American troops over there ever.

This is for gramps: http://www.scientificamerican.com/article.cfm?id=the-sun-will-eventually-engulf-earth-maybe

 

[LowFalutin]

Anyone having fun with Proshares leveraged products (e.g., 2x, 3x, -3x)?
Their BIB leveraged healthcare stock/fund's volatile but fairly steady upward.

 

[longearedfriend]

stoner stock brokers

 

[Stonefree69]

S&P 500 Monday morning - BOING! (no that doesn't say Boeing, but as long as it's not APPL...)
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Just checking...
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LOL
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APPL

News

Citi Unveils New Bullish Forecasts For The S&P And The Dow
Business Insider - 3 hours ago

S&P 500: Shifting Expectations, Shifting Stock Prices
Town Hall - 10 hours ago

Stocks stage sharp rally as Summers withdraws; S&P 500 above 1700
CNBC.com - 44 minutes ago

Why the Dow—Quirks and All—Is Beating the S&P 500
Wall Street Journal - Sep 13, 2013 Fist over hand yeah it's Index Futures

Small Caps Are Still Crushing the S&P 500
Motley Fool - 22 hours ago

Stocks mostly rise; Dow, S&P 500 up but Apple pulls down the Nasdaq compo...
Washington Post - Sep 11, 2013 Deja vu

Fed Tapering, Syria Become Focal Point for S&P 500
Bloomberg - Sep 13, 2013

Senior Housing Properties Trust Larger Than S&P 500 Component PerkinElmer
Forbes - Sep 13, 2013

S&P 500 Halts 7-Day Rally While Gold Drops, Oil Advances
Bloomberg - Sep 11, 2013

LinkedIn Larger Than S&P 500 Component Cigna
Forbes - Sep 12, 2013

US stocks drop; S&P 500 snaps win streak
MarketWatch - Sep 12, 2013

Delta's Stock Climbs On S&P 500 Reentry
NASDAQ - Sep 12, 2013

Five S&P 500 Stocks With Rising Short Activity
Forbes - Sep 12, 2013

Delta Air Lines to join S&P 500 index of stocks
USA TODAY - Sep 7, 2013

Risks rising in the S&P 500
MarketWatch - Sep 9, 2013

Delta's Back in the S&P 500. Is It a Good Stock?
Businessweek - Sep 11, 2013

Vertex, Ametek Shares to Join S&P 500 Index, Replacing AMD, SAIC
Bloomberg - Sep 11, 2013

Lehman Haunts Banks Even After Shares Triple
Bloomberg - 14 hours ago

Vertex Pharmaceuticals to join S&P 500
Boston Globe - Sep 13, 2013

Mosaic Becomes #249 Most Shorted S&P 500 Component, Replacing QEP ...
Forbes - Sep 12, 2013

15 percent upside in S&P 500 seen during the next year
TradingFloor.com - 3 hours ago

DIARY-S&P 500 EARNINGS MONTH AHEAD
Reuters - 3 hours ago

S&P 500 : Up 1% in early trades
4-traders - 56 minutes ago

Dow Jones rises 0.5%, S&P 500 – 0.3% and Nasdaq – 0.2%
APA - 7 hours ago

Stocks Alert: Amazon.com, Inc.(NASDAQ:AMZN), ProShares UltraShort S&P500 ...
SBWire - 46 minutes ago

SPDR S&P 500 ETF Trust (SPY)
1,700.73 +12.74 (0.75%)

 

[Stonefree69]

What are they giving $$$$ away?! Buy on close strategy working better than I imagined. Indicies were up for the day though too.

APPL has cost bulls A LOT of money, even the ones buying the NASDAQ.

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If you look at chart below market was actually DOWN in intraday trading (from open to close in last 3rd of chart below). That's why I said buying on close working like a charm! This of course puts you in a better position for your next moves when entering. Down move could be from either profit taking, anticipation or both.

 

[Stonefree69]

 

[Jbomber79]

who knows another week of returns... tennis balls that is.

 

[Stonefree69]

Markets up today again... Strong buy if the news coming out is as expected with even a chance if Fed does nothing markets could go up strong. A lot of gains so far have already been priced in the market (no kidding). Buy on close again see what happens.

Stocks End Higher as Fed Meets "The two-day meeting of the Federal Open Market Committee began Tuesday and will culminate with a statement at 2 p.m. Eastern time Wednesday, followed by a news conference by Fed Chairman Ben Bernanke. Most investors expect the central bank to announce a reduction of its $85-billion-a-month bond-buying programs, within a range of $10 billion to $15 billion."

 

[Jbomber79]

So when will this bull stop rallying the market.. 2 weeks left? or maybe stretch into the first of October?

 

[Stonefree69]

DP.......

 

[Stonefree69]

LOL these charts I posted in my above posts update themselves right in the post & reflect latest moves!

Hey Jbomber, long term I don't see an end yet to bulls unless unexpected bad news comes out. There's always potholes, ruts & valleys in a bull trend. I think at times it's proven a "real" crystal ball wrong LOL. Something (bad or good news) can always come unexpectedly out of the blue. Guess the bears got hit w/the good news on Syria, who could have predicted that. Even a trading program could get blindsided.

I'd just stay with the trend and buy the dips, of course it can be tough to call "a dip" when the dip itself could be a short term trend. It's hard to keep emotions out of it (you'll just fool yourself), even Spock would have a hard time at that. Better yet unless I was a robot get a trading program like Tradestation (there's cheap and even free ones too) and a cheap reliable "3rd party" data feed. I generally use short & long term moving averages that'll pick up a bull or bear trend with adequate stops or profit triggers (getting out) as my trade signals, and buy on close.

The economy should be very productive & roll along for a while, that's the main motivator right now. With the unexpected good news on Syria (a big block) a short while back I figured markets would make a strong upmove for a bit (pending/fingers crossed no more bad news).