Comments on: Late-Session Market Analysis 3-12-20

By: Reddington

Reddington — Thu, 19 Mar 2020 15:57:05 +0000

In reply to Nick_SemperFi. The CALL options are getting so weird on GLD.

By: mlannoch

mlannoch — Fri, 13 Mar 2020 03:16:53 +0000

In reply to TJS. Randy discussed in a video last week how markets eventually get fatigued from the news of major events like these. The sports leagues shutting down combined with school closings are just piling on to last weeks news of major conferences cancelling and hospitality/vacation tickers being crushed. It seems that at some point the barrage of bad news temporarily loses it's impact for a day or two and the market makes a violent reversal. But I agree that almost every hour brings new bleak headlines illustrating how this situation continues to erode the solid footing of this economy.

By: rivest

rivest — Fri, 13 Mar 2020 03:06:38 +0000

Hi Randy,
Most of your charting is done with QQQ or SPY.
Do you trade those or do you trade the futures?
If you trade the QQQ and SPY what do you use to trade them? (ETF or options?)

By: Nick_SemperFi

Nick_SemperFi — Thu, 12 Mar 2020 23:54:25 +0000

In reply to Reddington. You would think someone somewhere developed a metric that shows when metrics start to matter...

By: Bear trap Dan

Bear trap Dan — Thu, 12 Mar 2020 23:07:52 +0000

In reply to Reddington. Yes, look at the reactions. Almost always stopping on support or resistance. You just have to be patient and watch for entries. Sell the rips, buy the dips and be nimble!

By: Bear trap Dan

Bear trap Dan — Thu, 12 Mar 2020 23:04:17 +0000

Closed shorts 5 minutes too soon @ EOD. Waiting for the snapback. Last big uptick came after Fed dropped rates. 1.5 trillion will sink in overnight and probably cause futures to gap up. Thanks for the recap @rsotc!

By: batman

batman — Thu, 12 Mar 2020 22:28:11 +0000

Hi Randy,
New member here and first time posting comment. Just wonder your opinion on REI, and trade opportunities with associated ETF’s DRN and DRV. Thanks

By: Araleia

Araleia — Thu, 12 Mar 2020 21:52:29 +0000

@rsotc Randy, will the market closing @ day low, QQQ and SPY both punched through support, is 2018 Dec lows the next destinations for both? Thanks.

By: jumpingbean

jumpingbean — Thu, 12 Mar 2020 21:46:15 +0000

Randy, if you want to get short again like as in official trade status, is it best to wait for the next counter trend rally and scale in then for the next major leg down?

Also, you mentioned that the next bear market will last for a long time, are we talking 5-10 years or more? It’s not going to be your typical 1-2 years basically?

By: Nick_SemperFi

Nick_SemperFi — Thu, 12 Mar 2020 21:19:35 +0000

Everything’s moving so fast…
Randy, would appreciate “after closing bell” updates – even just a post, no video – if u feel u might have anything to add/clarify to the videos that prob have been done a couple hours earlier. Thanks for your prompt updates, MUCH appreciated!!!