📈ES Trader📉

Nice chart from @ritholtz.bsky.social

Hard to believe, but until something breaks, it likely grinds up shorts until the last bear's funeral.

No predictions here, but the last couple of times Tesla went vertical into this price zone in a buying crescendo, the Nasdaq was on the verge of a rough patch...

It's not.

"SOX is now trading at 27 times earnings, approaching record highs from 2024. It remains to be seen if AI-fueled growth is enough to justify those valuations."

Feels like 1987 and 1999.

“Tech momentum shows no sign of fading — as if gravity doesn’t exist — with headwinds brushed aside and every AI headline sparking bursts of euphoria,” said Hebe Chen at Vantage Markets in Melbourne. “Bubble talk lingers, but it’s FOMO that’s clearly running the show.’’

🤣😂

🤡😂🤣😂

🤞☠️🤞

I love the new 49ers uniforms. They'll wear them week 18 at home against the Seahawks.

We played Nicklaus two days ago and will play SilverRock on Sunday.

yes, it is... You've play it?

It's already 90°😂

Oh boy 🥵 It was a "Hot Deal", as in low price, when I booked PGA West Stadium Course for 11:30 today a week ago. I've played in hotter weather, but that was when I was a dumb kid. Doh 😒

It's no wonder he spray-paints himself orange. I would too, if I looked like an overstuffed pink piglet. 🤮🤮

That's the look of someone who just heard:

"Sorry, Krasnov, Hillary Clinton will not have to make good on her promise of nominating you for the Nobel Peace Prize"

"Biff, I own you."

In russian: "Biff, ya tebya udela!"

Pee Tapes?

It's about time. This is what every democrat should have been doing for the last nine years. Bravo Gavin 👏💯

With Bevis and Buttface (Don Jr. and Eric) and the Twinkledick douchebags front and center of the "new crypto frontier," a crash is a near certainty. What is harder to predict is if they survive the rage of the millions they have led to slaughter.

Crypto will be the epicenter of the next crash. Until now, crypto has been far too small to have a significant impact on the markets. That has all changed with the return of the Mango Mossolini crime family.

It's not a matter of if, but when. They all end the same. 30 to 60 percent sell off.

Good post👇

Oh, for sure, but we'll never know. It will just be the next up.

This piece of shit cheats a everything. Trump is an insecure pile of feces. Fuck you if you support him.

It's easy to see that this rally is losing momentum. You don't need any studies to see it. It's what happens in late-stage rallies. My position makes money slowly grinding higher or lower, and even more while going sideways. It only loses on sustained ⬆️ or ⬇️. Rolling options then may be required.

The market is squeezing the last cent out of the last buyer. Not shorting it, but almost. I've been selling ES puts a week out with ~30% more Delta than the value of the MES short. Betting on a slow grind higher or sideways action while reducing downside exposure. It's an excellent late rally trade.

😂🤣

I feel much better about my golf etiquette. 😂

Nearly perfect inverse H&S on today 5-minute chart. Shorts are trapped. Pattern projection ~6355ish. Bulls are tired. I'm leaning more downside before new highs.

Trump is a one-trick pony. He's doing it again by changing the story from Epstein to the first thought passing through his addled lizard brain. And the press falls for it like Charlie Brown trying to kick the football.

🤮🤮