Mid Morning Note

To access this post, current subscribers need to first log on or click here if you would like to learn more about becoming a subscriber to Hedge Fund Telemetry. If you need any assistance logging on or have questions about our membership plans, please email here. Thank you!

This category can only be viewed by members. To view this category, sign up by purchasing Small Institutions, Retail, Private Investors or 10 Days trial.
Mid Morning Note May 16, 2022

Mid Morning Note May 16, 2022

  • A little tentative trading giving back some of the gains from Friday 
  • A good chart looking at 90% up volume 
  • Holding off on new Trade Ideas as I want to see a few things stabilize first
  • Watching the VWAP levels on the PPO monitor before adding more names long
Mid Morning May 10, 2022

Mid Morning May 10, 2022

  • Equity markets are fading off early highs and remain over yesterday’s lows
  • Trading below today’s VWAP levels is a good tell and partly why I held off on adding long exposure
  • I’ll wait for the DeMark Sequential buy Countdowns
  • I’m on Real Vision Daily Briefing later today on the close – watch on YouTube
Mid Morning May 6, 2022

Mid Morning May 6, 2022

  • Another weak open with a small bounce off the lows 
  • Breadth is very weak with some ETFs trying to lift above today’s VWAP levels
  • No new Trade Ideas at this point.  A lot of risk in the markets.  
  • Take profits on the SPY put spreads expiring today
Mid Morning May 5, 2022

Mid Morning May 5, 2022

  • The market is giving it all back from yesterday
  • Stay patient and hold the current shorts I added late yesterday
  • Selling the remaining bond ETF positions – we will revisit
  • This could get uglier if the 60 minute charts on ES and NQ can’t hold here