The bears den

[littleredboy]

Source? Isn’t this highly illegal? Abuse of power?

Even if this is true, all the more we should trade short term. Most of my profits come from intraday, but long stocks.....I try not to think about them ugh...

Trump has a newsletter subscription model that he send outs to his close associates just before making a market moving tweet. Unless you have access to that newsletter you shouldnt trade short term. Unless, you know technicals, Apparently, Trump admin releases fake news at key technical levels, so that is a way to make money.

 

[DukeCS33]

ATVI has corrected lower and possibly test the prior breakout area. (50 to 52) I am looking for signs of buying / weak supply anda key reversal to reinstate the quantum that I took profit on.

 

[peipei1]

Sold upro with small profit!
Trade war is mellowing out, is it ok to buy more upro or tqqq on dips and sell on small bumps?

 

[revhappy]

Sold upro with small profit!
Trade war is mellowing out, is it ok to buy more upro or tqqq on dips and sell on small bumps?

Mnuchin is leaking the secret trade details to his wall Street friends, see if you can get hold of it.

 

[coolhead]

Source? Isn’t this highly illegal? Abuse of power?

Even if this is true, all the more we should trade short term. Most of my profits come from intraday, but long stocks.....I try not to think about them ugh...

It's not illegal if it's done with approval from the president unofficially and only able to be proved that such subscription is only circumstantial evidence.

Sent from HMD Global TA-1004 using GAGT

 

[Mecisteus]

Sold upro with small profit!
Trade war is mellowing out, is it ok to buy more upro or tqqq on dips and sell on small bumps?

If your objective is to trade short term, then make sure you have your stops.

Without stops, your short term position can become a long term position.

 

[Mecisteus]

Tighten your belt.

Tonight is either a big up or a big down.

Futures pointing to a big up now.

 

[yang_nastyman]

Seems like the markets have priced in a deal or a partial deal already.. We shall see

 

[Angry Bird]

usa-china partial trade deal done
usa-fed new QE US$60bil/month until 2020Q2
all bears like me get slaughtered,
looks like i will be in cash+gold position until end 2020

 

[SBC]

Any prata at US-China trade deals over this weekend?

 

[DukeCS33]

usa-china partial trade deal done
usa-fed new QE US$60bil/month until 2020Q2
all bears like me get slaughtered,
looks like i will be in cash+gold position until end 2020

It is hard to be a bear in this environment... Anecdotal evidence as shown in the Market's reaction to a partial deal (which is seen more as a Chinese victory) depicts the abundance of liquidity that stands ready to buy up the Market. I do not think all is lost as yet as this is at best a partial deal and not something that helps the US achieve their objectives. The selling just before close suggests that the Market remains sceptical. That said, the S&P is now trading above the pivotal 2940 / 50 level and we may yet see more gains until any hiccups in the trade process strikes fear again. So from a med term perspective, I still see range albeit with a widening top pattern formation. If the market thinks that this trade deal may reduce the chance of another rate cut, we may yet see another mini correction.

 

[Mecisteus]

I think US market is going to break the all time high soon and continue the last leg of it's longest bull run before we see another correction near to the presidential election.
I will be selling into strength then.

 

[DukeCS33]

I think US market is going to break the all time high soon and continue the last leg of it's longest bull run before we see another correction near to the presidential election.
I will be selling into strength then.

Anything is possible but I view that the current scenario does not increase the probability of a sustained new high.
The mini deal that was termed as a phase 1 deal has no substantial effect in lifting economic growth on both US and China. If anything, it improved sentiment somewhat but it does nothing in terms of economic substance. The sell off in the last 2 hours on Friday, with a rejection of the high formed 2 weeks ago suggests that investors are viewing this phase one with a good dose of skepticism - and that is hardly the recipe for a sustain break higher. I would not rule out a test of the July high but I do not see it break significantly higher.

 

[churnmaster]

Anything is possible but I view that the current scenario does not increase the probability of a sustained new high.
The mini deal that was termed as a phase 1 deal has no substantial effect in lifting economic growth on both US and China. If anything, it improved sentiment somewhat but it does nothing in terms of economic substance. The sell off in the last 2 hours on Friday, with a rejection of the high formed 2 weeks ago suggests that investors are viewing this phase one with a good dose of skepticism - and that is hardly the recipe for a sustain break higher. I would not rule out a test of the July high but I do not see it break significantly higher.

The market has to close above 2990 to open the possibility of a new high. I still see it as a sideways market for now.

 

[DukeCS33]

The market has to close above 2990 to open the possibility of a new high. I still see it as a sideways market for now.

Same view… from both a macro / fundamental and technical analysis perspective. SP futures was a little higher this morning but has now turn negative again.

 

[netzach]

Getting a bit scared too now lol. VIX is damn Bloody Low now.

לֵב HardwareZone Forums app

 

[Shiny Things]

Getting a bit scared too now lol. VIX is damn Bloody Low now.

לֵב HardwareZone Forums app

Compared to what? 13.5 (where it is now) is a pretty normal level for the VIX. It was below that level for basically the whole of 2017 (when the market ripped 30% higher); it spent May to September 2018 bouncing around the 12-14 level...

 

[netzach]

Compared to what? 13.5 (where it is now) is a pretty normal level for the VIX. It was below that level for basically the whole of 2017 (when the market ripped 30% higher); it spent May to September 2018 bouncing around the 12-14 level...

Serious ah... Icic. Cause lately I see the VIX keep getting lower mah... so I also a bit scared that market TOP reaching le lol. Hmm compared to recent months...like before the May sell down, it was damn Low and calm lor...

I’m newbie... hope to learn more and hear your views and thoughts

לֵב HardwareZone Forums app

 

[netzach]

Somemore last October damn rabak and volatile mah... so I abit scared already lol

לֵב HardwareZone Forums app

 

[Mecisteus]

Serious ah... Icic. Cause lately I see the VIX keep getting lower mah... so I also a bit scared that market TOP reaching le lol. Hmm compared to recent months...like before the May sell down, it was damn Low and calm lor...

I’m newbie... hope to learn more and hear your views and thoughts

Buy progressively when VIX is high.

Hold or sell progressively when VIX is low.

You will never be wrong.