SP500 DID NOT PANIC: FUTURE DIRECTION

We had 2 days of consistent selling in the Equity Markets. Today we closed near or at the lows in #SPX and #NDX. My systems are not reading enough divergences nor volume inflows at current levels. Regarding Current Positioning – We are with high levels of Cash and low VaR Nobody can know with certainty

R Option update (Private Post)

We have some options expiring today. At current levels of the SPX we are seeing buying pressure. R Option will continue its position and it is not likely to add any more risk. The news from AAPL, increased the VOL on the Account and todays data is helping. https://randbots.slack.com/messages/GEWCRCJKF

Higher Risk – AAPL (Private Post)

Apple originally forecast a revenue of between $89 billion and $93 billion for the current quarter. DATA FROM REUTERS “While we anticipated some challenges in key emerging markets, we did not foresee the magnitude of the economic deceleration, particularly in Greater China,” Chief Executive Officer Tim Cook said in a letter to investors. I WILL

Are you considering that we could be building a market top?

Currently market prices can just result on a great "Buy the deep" opportunity which by the way have worked for almost a decade.

Strong day for SPX and NDX

SP500 surged more than two percent, supported by strong corporate results and economic data, while the dollar and Treasury yields were little changed. Oil prices rose on expectations of disruption in supply due to U.S. sanctions on Iran and tensions with Saudi Arabia. Gold prices held steady.   R Option added risk and we are

SPX is looking for new buyers

  SPX is looking for new buyers, the key question is at what level will they appear.\ Volatility Futures front month is at printed 18 as of now. R Option Model short term positions The SPX is looking for new buyers, the best faster way to find it is to trade lower. Fund Flow Update