Retail trader gets royally screwed tonight in $CMG. Off-exchange market maker prints them 43 points below the market trading through all the odd-lot liquidity on the exchange. But tell me again how retail has never had it better.
I'll date myself, #EDGEmob, with Ben Stein from Ferris Bueller's Day Off: Anyone? Anyone? Is ANYONE talking about #marketstructure and why #stocks are up today? It's not "easing Omicron fears." Come join at 145p ET: https://t.co/fblllHspkh @EdgeStructure
Why isn't $MRNA keeping its gains on great news, #EDGEmob? #supplyanddemand. The arrows I've drawn at Nov options-expirations are a GREAT supply/demand divergence. The current one isn't good. IF Supply plunges, the stock will surge. @EdgeStructure
"The land of innovation is actively turning her back on the single greatest innovation in the financial industry in many lifetimes. And we will continue to do so at our own peril."
Digital asset fans who appreciate @SenToomey need to know @jeff_bartos.
There's been some 445 new ETFs launched this year in the US alone. That's nearly 2/day and 67% beyond the old annual record. Mind-boggling but also logical as net inflows are 80% beyond their old record. Nice look at this from @SamJPotter@emily_graffeo
https://t.co/CVoFhm99n4
For those of you wondering about the charts I used on @PowerLunch, they were from @KailashConcepts … I had referenced them in this column a week ago… https://t.co/vAznwqJ8RC
My latest podcast featuring Malcolm Etheridge @malcomonthemoney - Financial advisor, speaker, podcast host and educator. Join in to learn more. https://t.co/hB0IgBqksE
The #FED and #JayPowell tried hard to control the narrative to prevent a selloff into the end of year...but investors now realize that the story is very different than what they were selling. Lockdowns? You guess....
#EDGEmob, today new options trade. I said in today's Market Desk note that it'll give us a sense of whether demand for derivatives is up or down. Strong demand, we may have a couple barn-burner days. If not, we might get pounded. @EdgeStructure https://t.co/eAyIdPNd0J
Here's 12/16 #marketstructure. $WMT had big selling by #ETFs (Passive/Risk Mgmt combo), $SPX a big DROP in investment, down a combined 14%, Fast Trading up 5%. Passives didn't renew index options but MIGHT today, or Monday (new ones) at better prices. @EdgeStructure@SullyCNBC
As I crave jeering, humiliation and ignominy, #EDGEmob, I'm going to say the market, at least the #NASDAQ, will reverse and finish up, perhaps strong. Reason? #optionsexpirations, the same reason stocks declined yesterday (index options, 14% drop in demand). @EdgeStructure
#EDGEmob, what did I say in Market Desk notes and on @Benzinga might happen today -- which is the opposite of what most thought? It's not because I'm right. It's that #marketstructure sets prices. Not Jay Powell. @EdgeStructure Read this: https://t.co/0BQMuoDzjt
All great stocks will fall at some point, recover, and ultimately reach new highs
Bad stocks will fall, flounder, and never recover
The only way to tell them apart is to watch the business, not the stock