Mike Santoli’s market notes: Month-end trimming, opposing currents, overall trend still intact

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New for subscribers: Mike Santoli’s market notes: Month-end trimming, opposing currents, overall trend still intact Check out CNBCPro today.

This is the daily notebook of Mike Santoli, CNBC's senior markets commentator, with ideas about trends, stocks and market statistics. Month-end trimming, a bit of payback for weeks-long overindulgence in risk assets has the indexes easing back.

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 /  🏆 12. in SG
 

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Pro and just like that all volume disappeared lol

Pro all that volume just bought, no way it drops on small volume now

Pro i might be a billinoaire just trading spy call options, thye never lose, ever so easy

Pro told yo the fed won' tlet it drop, they will buy with any means necessary, they have a priting press

Pro and there is the fed with 1.4 mil shar ebuy lol

Pro here comes the no red candles allowed now near low of the last dip

Pro hurry up and buy spy calls, right above last low here, it won't drop below here. too much risk,

Pro here comes the apple pump to save the day, honestly its like the mafia is running the SPY index. Any dumb italian can win, you just pump tech, that's it, mainly apple

Pro sorry i don't buy any drop on tiny volume, buy calls

Pro see they just had spy jump 15 cents on basically 5 shares from last 1 min candle to the next, all mm manipulation, don't fight them

Pro after the FED used QE and the last drop, you will never seen a fast drop again, it's impossible now, so just buy calls

Pro the algos, have each wick slightly above the last for the, low, hysterical

Pro no red candles allowed

Pro see they really only need to buy 50 shares in SPY to break it to 362, thats how easy it is

Pro look at this tiny volume, no one wants to sell, they all realize now the market never goes down, easy, you can be retarded and win, just buy calls in spy

Pro quick spyu dump to 361.20 bought immed in 2 seconds lol

Pro TOLD YOU!!!! so easy to pump with no volume, the SPY index is just too easy to buy, it goes up forever, ever drop is immed reversed so buy any dip

Pro see its actually funny when you are on hte bull side. the green candles move faster than the red, that hasn't happend in 50 years of my tradin career

Pro i honestly expect to make 500k just by end of today, then, i might sell my calls, otherwise ill wait for my 500k profit until Wed

Pro great drop actually to buy there, they reset RSI on the 2 day and can push it higher again

Pro i just bought nother 50k in calls expiring wed, now i have about 240k worth of 360 calls for wed, so easy

Pro its a fake drop on no volume, buy the dip fast because huge volume will just reverse that drop completely

Pro hurry up and buy that dip, it won' tlast

Pro you realize they can't let this drop here or it will cause too much selling, it has to go up

Pro IN A NUTSHELL, FED ABSORBS ALL SELLING, THE SECOND IT STOPS, THEY GRIND IT UP WIHT NO VOLUME EASY AS ANYTHING, BUY SPY CALLS

michaelsantoli Pro no way dude is a perma bull

Pro NO WAY SPY DROPS HERE, TOO MUCH EFFORT FROM THE FED AND MMS PROPPPING IT

Pro ARE THEY REALLY GOING TO DUMP THIS NOW THAT THEY ARE BACK FROM LUNCH WTF

Pro HURRY UP BUY THAT MICRO DIP FAST!!!!!!!!!!!!!!!!

Pro I LOVE THAT SPY GOES UP FASTER AND HIGHER ON NO VOLUME THAN BIG VOLUME

Pro SPY IS TOPPING OUT A LITTLE, TIME FOR ANOTHER APPLE PUMP TO PUSH IT HIGHER

Pro THINK ABOUT IT, THE WHO JUST SAID EVEN WITH A VACCINE, THEY WANT A GLOBAL LOCKDOWN UNTIL SPRING AND THIS MARKET SHRUGS IT OFF. ITS BECAUSE THE MARKET IS NATIONALIZED BY THE FED, IT WON'T GO DOWN, WATCH, BUY ANY DIP

Pro More good news please(((

Pro BUY THIS 10 CENT TINY DIP IN SPY FAST, THATS ALL YOU WILLL GET

Pro BUY EVERY SINGLE DIP IN SPY, EVERY ONE, IT NEVER DROPS MORE THAN 1%, EVER WELL MAYBE ONCE A YEAR

Pro WHEN SPY WAS DROPPING HEAVY BEFORE, IF THEY DIDN'T PUMP APPLE, IT WOULD HAVE BEEN REALLY BAD, NOW APPLE IS NOT AT ITS HIGHS TODAY AND MARKET IS STILL GOING. THEY USED APPLE TO STABILIZE OTHER STOCKS IN THE ETF

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