With all the “Roaring Kitty is going to jail” posts on X can anyone explain to me in 5th grade English how sharing a legal trade you made in a company with $200M of your own money is illegal? 🔽

Long Time Traders: When was the last time you saw the $USD up 2%, 10yr yield up 4.5% & SPX up 2.3% at the same time? Since I started trading in 1992 I cannot recall a single instance. 🔽

I was informed with 10yr yield charts that the last time a spike in UST yields of this magnitude along with a similar $SPX rally was when Reagan won in 1980. The market was closed on 11/4 (Election Day). Notice what happened on 11/5 (Intraday high was 135.65) thru 11/28. 🔽

Hat Tip to E for providing the historical 10yr UST bond yield data. This is a chart of the SPX (dotted line was Reagan election win day). He's a great trader too!

$CPRI up 84 cents. My trade is finally green. 🤣🤣🤣

Powell is going to have a puzzled face at the presser tomorrow. 🤣🔽

For my Democrat friends 💙. Politics are secondary to friendship. Hence, there will be no snarky posts on my feed about this election. We’re all Americans & I value your friendship as much as any other. United We Stand, Divided We Fall.👊🏽☺️

$TLT almost back to where it was when $SPY was $510. 😳

Tomorrow is one of my favorite 'situational' trades (backtested over 10 years). The FOMC Flip. In September it netted a 1200% return. It's a lotto trade of $SPY put or call option contracts depending on how the market closes at 4pm on the FED announcement day. 🔽

👁️$SPY da BIG 🐂! Above all the moving averages on the highest volume since Sept. Big gap fill likely ahead but nothing bearish otherwise. One thing I did note, it peeled off $592 which is the top of the current ascending wedge. Keep note of that. 👊🏽

The trap is being set but for now the ride will keep going a bit. Bond yields tell me all I need to know. For those wondering why I didn’t pile into $SPY puts at the open yesterday … $SPY is now $5 higher than it was then. It’s not time … yet. 💯

Welcome to FOMC day at the Stock Market Ranch🤠! I will be trading the FOMC Flip around 4pm (as I usually do after the FED announcement at 2pm est.) I did buy 2000 shares of SPXU @ 22.15 PM for a day-trade. Good luck 🍀on your trades today!👊🏽

Trading Tip: Backtested over 20 yrs. When the VIX falls more than 20% in a single day the S&P tends to pullback within 2 trading days; 85% of the time. The VIX fell 21% yesterday & 5% so far today. That would imply later today or Friday as likely periods for a mild pullback.👊🏽

25bp cut, just like the second cut of 2007 🤣.

Yet mortgage rates rose 70 bp since your last 50bp cut & if the economy is so "strong" why are you lowering rates? Does anyone believe this guy?

He published this on 10/29. It shows $596 for $SPY when extrapolated to today. Darn good work! Chart from Nick Woolos, CMT 👊🏽

Did the FOMC Flip (it has a 20% failure rate so KEEP that in mind). Nov 19, $590 $SPY puts. Paid $2.33 per contract. Done.

👁️ $SPY a Triple Gapper. The last time $SPY had a 3.5%+ move while at ATH's with triple gaps was ...🥁... March 21-24, 2000. (The top came on Mar 24, 2000). Just some history. Currently, $SPY is way above the upper BB's and the weekly RSI is parabolic. Make of it as you wish but

Was it just me or did Powell look really grumpy at the Presser?