Well, we got our pump and dump this morning, a bit earlier than I expected, but they made it so obvious it was hilarious. Hope you made some money off of it.
It did go back up more than I expected, so this could be a melt up. We'll find out tomorrow, I think we gap down because European market, especially DAX doesn't look very bullish. DAX failed to break out, could come back down.
Looks like retail pump is over, I shorted KSS because XRT options have no liquidity. There's literally zero visible bids. I looked at it this morning and remembered why I don't trade it. I guess they had to pump it because HD was way oversold.
Speaking of which, now that retail sector pump is over, I just noticed that they aren't pumping RTY as hard as yesterday (vs SPX futures ES) or maybe it's because of financials.
It did go back up more than I expected, so this could be a melt up. We'll find out tomorrow, I think we gap down because European market, especially DAX doesn't look very bullish. DAX failed to break out, could come back down.
Looks like retail pump is over, I shorted KSS because XRT options have no liquidity. There's literally zero visible bids. I looked at it this morning and remembered why I don't trade it. I guess they had to pump it because HD was way oversold.
Speaking of which, now that retail sector pump is over, I just noticed that they aren't pumping RTY as hard as yesterday (vs SPX futures ES) or maybe it's because of financials.
Note
Looks like XRT itself went oversold on daily RSI, hence the retail pump. The whole sector hit oversold when the market got Trumped last FridayNote
Futures flatlined tonight. Europe determines gap direction, they may not do much either. Bitcoin looks like it's flatlining at the bottom of the channel.Only thing moving are gold and silver. Going to bed, see ya tomorrow.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.