Comments on: SPY, QQQ, /ES & /NQ Analysis

By: Risto09

Risto09 — Mon, 30 Mar 2020 23:01:53 +0000

Market makes no sence or reasoning. Stick to the technicals and there will be a lot of data coming up. What is going on to me looks like a BULL TRAP, but I could be wrong. Good luck out there and thanks Randy once again for your dedication for the group!!

By: mattyp

mattyp — Mon, 30 Mar 2020 21:11:53 +0000

In reply to stockninja. I follow a guy on Twitter. He usually gives MOC ten minutes before closing. His handle is FX Macro. He's been spot the past few sessions.

By: G-Trader

G-Trader — Mon, 30 Mar 2020 21:01:50 +0000

In reply to gthompson333. Agree hence the reason we gapped up because everyone was expecting it to go down

By: Dbat83

Dbat83 — Mon, 30 Mar 2020 20:49:42 +0000

In reply to stockninja. I’m curious as well. Maybe bar chart?

By: gthompson333

gthompson333 — Mon, 30 Mar 2020 20:33:10 +0000

In reply to G-Trader. Wall Street likes to surprise ya. That's how the big boys make their profits. Patience.

By: G-Trader

G-Trader — Mon, 30 Mar 2020 20:31:09 +0000

So you’re saying the rally is over? It doesn’t feel like that yet.

By: mSquare

mSquare — Mon, 30 Mar 2020 20:02:05 +0000

In reply to Marl1979. Yes, and update on the LQD trade and how the Fed's buying it or some of bonds it holds. Also, anyone know (or care to speculate) on how does Fed offer to buy the underlying securities or ETFs? Do they go to ETF sponsor or go in open market and buy it from exchanges?

By: stockninja

stockninja — Mon, 30 Mar 2020 19:43:08 +0000

Does anyone know what site gives a good MOC update before closing bell?

By: nostaticatall

nostaticatall — Mon, 30 Mar 2020 19:04:29 +0000

In reply to Marl1979. Thanks for the update, appreciate all your hard work.

By: Marl1979

Marl1979 — Mon, 30 Mar 2020 19:02:42 +0000

Randy – in today’s wrap-up video, would you mind going over the LQD trade and give us your view on how things are shaping up?