Wish my account name was “Market” so I could respond “No problem stockninja, you got it!” “If not today, for sure tomorrow”

CNN business states: put volume lagging call volume by 45.89% over the last 5 trading days. Is this today’s number?

I think it means that people aren’t buying this rally. Hence hedging.

Newbie here. Can you explain a little more in depth what that would signify? Thanks

There’s a lot of stuff going on this week. He can’t make every call spot on. RSOTC also says keep your position light in this market as it is very volatile.

Not sure what the problem is. We have an entry, a stop, and targets. Lets stick to the trading plan.

GBC

Thanks for the youtube link. What time frame do you personnally use with the VWAP for daytrading ?

No worries….I use Think or Swim platform to trade. Their default settings are those I listed above. But hopefully this video will help. Its just another tool I use to day trade. https://www.youtube.com/watch?v=ZMp-nvV5Kw0

Sorry, I’m new to trading, can you explain that please. Thanks.

-2.0, 2.0, Day

stockninja, what time frame are you using with the VWAP ?

Spot on. Just like when going long, it’s best to scale in on shorts, and then scale out, as the market drops. There’s no way this market can keep going up, unless the gov steps in, and just buys it all up. The lows from a couple weeks ago, have to, at least, be revisited. We’re probably going to see a few bear market rallies, before the market finally capitulates, for the third leg down. Fun times! :)

We are still far from hitting the stop. Not even close yet.

Bonds are in the red but stocks are up. It’s odd. You could be right about them pulling the rug out later. I’m hedging at this point.

I’m speculating that it’s shorts getting squeezed out. Later today, the big boys will probably cash in, and the markets will drop. It’s basically a battle between the shorts and the hold outs, at this point.