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Stock Market Today: February 5th - 9th

Discussion in 'Stock Market Today' started by bigbear0083, Feb 2, 2018.

  1. bigbear0083

    bigbear0083 Content Manager
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    looks like the /ym (dow) futures have already hit their lock limit down level of 23088 here :eek:
     
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  2. Baggi

    Baggi Active Member

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    P.S. The buying power effect of selling NAKED /ES options at March 1000 puts? $59.00.

    Seriously. $59.00.
     
    OldFart likes this.
  3. Baggi

    Baggi Active Member

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    ES still has 2 percent to go.
     
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  4. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    It was a rough day for markets around the world. Funny that marketwatch writers are trying to trot out fiscal spending worries to explain this.
     
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  5. Baggi

    Baggi Active Member

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    I made some really good money already tonight. Complete reversal in the markets.

    My regret is I could have made so much more if I would have just kept pulling the trigger.

    I've never had such an easy night trading and just picking up money off the floor. I mean, could the market have crashed down to 1000 /ES? I guess. But then we'd be in the zombie apocalypse and my loses wouldn't matter anyway. The other concern would be if I ran out of buying power as the /ES dropped, but I wasn't even close.

    Man, if I ever get another night like this, I'm going to be selling puts with both hands.
     
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  6. bigbear0083

    bigbear0083 Content Manager
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    whelp looks like we got a bit of a reversal off the ONL.

    still looking at about a -41 handle drop on the cash s&p if it were to open here.

    [​IMG]
     
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  7. bigbear0083

    bigbear0083 Content Manager
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    completely forgot to mention this yesterday as well but that vix spike was the largest (at least in % terms) ever in history.

    [​IMG]
     
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  8. Ken34

    Ken34 2017 Stock Picking Contest Winner

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    hmm, maybe its because i experienced aug 2015 and jan 2016, but this really hasnt hit me yet in a way to scare me, thats crazy, im numb to sell offs....
     
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  9. T0rm3nted

    T0rm3nted Moderator
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    upload_2018-2-6_6-23-14.png

    Some thoughts that come to mind

    [​IMG]

    [​IMG]

    [​IMG]
     
    #109 T0rm3nted, Feb 6, 2018
    Last edited: Feb 6, 2018
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  10. bigbear0083

    bigbear0083 Content Manager
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    vix printed 50s pre-market ... first time since that aug. 2015 selloff.

    i gotta go back to the 2008-09 charts but kinda thinking we haven't seen a weekly bar quite as large as this one :eek:

    albeit, the week has just gotten underway so this could just be a large upper tail by week's end, kinda like how that week in aug. 2015 ended up being.

    [​IMG]
     
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  11. OldFart

    OldFart Well-Known Member

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    so basically, they're doing the:

    countdown to the govt shutdown

    Last couple of times:
    We had a rally from hell when the House voted and passed a bill.
    Then the senate waits till the very last second to vote and pass a bill ( rally from hell on Monday or late Friday ).

    Will be interesting to see if the same thing plays out this time around.

    US Congress grapples with immigration, averting funding fight
    https://www.cnbc.com/2018/02/06/us-congress-grapples-with-immigration-averting-funding-fight.html
     
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  12. bigbear0083

    bigbear0083 Content Manager
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    Pre-market thread has been posted-
    [​IMG] <-- click there to read!

    Hope everyone has a good trading day ahead today!
     
    OldFart likes this.
  13. AverageJoesTrades

    AverageJoesTrades Well-Known Member

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  14. AverageJoesTrades

    AverageJoesTrades Well-Known Member

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    #114 AverageJoesTrades, Feb 6, 2018
    Last edited: Feb 6, 2018
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  15. T0rm3nted

    T0rm3nted Moderator
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    The worst part about the dip the last few days is that the market was doing so good, that I had all my money tied up, all my stocks took huge hits last few days, and I had/have little capital to buy all these budget deals :mad:
     
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  16. Ken34

    Ken34 2017 Stock Picking Contest Winner

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    i am so pissed right now....fidelity is acting up, none of my orders are getting filled...dammit man....

    EDIT:
    ok, so apparently my orders were filled...all of them...there was a huge time lag...smh i was clicking a bunch of times too, can you say margin? lol
     
    #116 Ken34, Feb 6, 2018
    Last edited: Feb 6, 2018
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  17. rStock

    rStock Well-Known Member

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  18. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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  19. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    No, see
    https://www.credit-suisse.com/pwp/cc/doc/credit_suisse_age_event_acceleration_xiv_etns.pdf

     
  20. Jrich

    Jrich Well-Known Member

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    Same here.. got some message about "routine maintenance"..... hell of a time to tinker with their website
     

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