NQ - 4Hr + Macro / Gamma - Delta Accident - JPow Fools Again
The Macro Data Calendar for Today:
Non-Farm Payrolls
Average Hourly Earnings
Unemployment Rate
Coupons - $8.425 Billion 2s to 4s.
______________________________________________________
ZN continues to Trade the Lower End of the Range.
The BOE Stick saved the US Treasury Market, although FED FUNDS...
Disagree - www.cmegroup.com/tra...untdown-to-fomc.html
Oops... Again - www.cmegroup.com/tra...untdown-to-fomc.html
Powell Blindsided everyone with the Taper while FED FUNDS...
Accident moving forward in TIME.
2x Ooops.
______________________________________________________
Our Thesis was the Federal Reserve would begin to move forward,
quickly forward to Increase FED FUNDS far more rapidly than the
Retail Trader/Investor anticipates.
This Thesis has been ongoing since JULY 2021.
2024 to 2023 to 2022 to now 2021.
We were Correct - 100% Correct.
Thereby creating a large Event taking the Equity Complex to its knees
and down to the 200SMAs, where they would find minor support for
a Counter-Trend, only to reverse and Trade to closer to the 400SMAs.
Nothing, and I am quite resolute in this Thesis, has changed.
The Probability has increased substantially - Exponentially.
______________________________________________________
Disagree?
Up to you, it is your Capital @ RISK.
We continue to mount a large Position in Options for the IMPENDING
reversal.
______________________________________________________
NQ will be in 8/9 today, the Price Objective we stated for the Profit
Target... was met during Globex @ 16424. SOLD NQ on a FR.
Resistance has Traded First.
______________________________________________________
I have been repeatedly Asked in PM @ TV why I am a "Bear" in this
Mania.
Answer: Continue to chase Gamma/Delta, we Fade it, there is no
Top Picking is ongoing, there is, however, an acute understanding of
how this ends, and it will.
Positioning for it, taking heat... taking losses, all part of the entry.
We hold no Underlying Sells in the NQ ES YM RTY.
We do Hold Derivatives in the QQQ SPY SMH TQQQ TSLA QCOM
TLT AMC AAPL and continue to build on these Positions from
November to January.
Top pickers have at it, wading in is more our style and we know
how to do so with a minimal negative effect - Hedge Underlying.
______________________________________________________
We see a very large Market Dislocation directly ahead.
Agree/Disagree - immaterial.
It is our Trade Plan and it is not changing, not remotely.
______________________________________________________
The unwind will be of extreme velocity, most will indeed miss
the majority of the Negative Price Actions.
Presently - 32% Positioned into the impending SELL.
______________________________________________________
Trade Safe everyone - HK
Non-Farm Payrolls
Average Hourly Earnings
Unemployment Rate
Coupons - $8.425 Billion 2s to 4s.
______________________________________________________
ZN continues to Trade the Lower End of the Range.
The BOE Stick saved the US Treasury Market, although FED FUNDS...
Disagree - www.cmegroup.com/tra...untdown-to-fomc.html
Oops... Again - www.cmegroup.com/tra...untdown-to-fomc.html
Powell Blindsided everyone with the Taper while FED FUNDS...
Accident moving forward in TIME.
2x Ooops.
______________________________________________________
Our Thesis was the Federal Reserve would begin to move forward,
quickly forward to Increase FED FUNDS far more rapidly than the
Retail Trader/Investor anticipates.
This Thesis has been ongoing since JULY 2021.
2024 to 2023 to 2022 to now 2021.
We were Correct - 100% Correct.
Thereby creating a large Event taking the Equity Complex to its knees
and down to the 200SMAs, where they would find minor support for
a Counter-Trend, only to reverse and Trade to closer to the 400SMAs.
Nothing, and I am quite resolute in this Thesis, has changed.
The Probability has increased substantially - Exponentially.
______________________________________________________
Disagree?
Up to you, it is your Capital @ RISK.
We continue to mount a large Position in Options for the IMPENDING
reversal.
______________________________________________________
NQ will be in 8/9 today, the Price Objective we stated for the Profit
Target... was met during Globex @ 16424. SOLD NQ on a FR.
Resistance has Traded First.
______________________________________________________
I have been repeatedly Asked in PM @ TV why I am a "Bear" in this
Mania.
Answer: Continue to chase Gamma/Delta, we Fade it, there is no
Top Picking is ongoing, there is, however, an acute understanding of
how this ends, and it will.
Positioning for it, taking heat... taking losses, all part of the entry.
We hold no Underlying Sells in the NQ ES YM RTY.
We do Hold Derivatives in the QQQ SPY SMH TQQQ TSLA QCOM
TLT AMC AAPL and continue to build on these Positions from
November to January.
Top pickers have at it, wading in is more our style and we know
how to do so with a minimal negative effect - Hedge Underlying.
______________________________________________________
We see a very large Market Dislocation directly ahead.
Agree/Disagree - immaterial.
It is our Trade Plan and it is not changing, not remotely.
______________________________________________________
The unwind will be of extreme velocity, most will indeed miss
the majority of the Negative Price Actions.
Presently - 32% Positioned into the impending SELL.
______________________________________________________
Trade Safe everyone - HK
Comment:
TQQQ +1 @ 17251 to 5.5 or 55% of POS.
Comment:
STO 1 QCOM 157.12 1st POS
8/8 BTC @ 16350
FR of Gap Fill @ 16330