Posted by cape_rover on 27th of Jul 2018 at 01:24 pm
I found it really odd you haven’t been showing this channel
chart since your weekend news letter. I keep wondering if
there is a reason way it wasn’t shown. This is the primary
chart I’ve been trading SPX against this week.
Posted by cape_rover on 18th of May 2018 at 10:22 am
That would be a great idea (many of us have day time jobs) to
put a table like this at the bottom of the news letter with entry
points for new ideas like KEY and RF
Posted by cape_rover on 8th of Apr 2018 at 01:45 am
I’m no expert but I don’t believe that formation meets the
increased volume requirement of an island reversal. Your
chart does make me wonder if The SPY daily trading range will
resolve in an island bottom. However, Since the current
daily island has formed over the last 11 trading sessions
rather than a couple of trading session it may also be invalid or
it could be marking an intermediate trend reversal rather than a
short term trend reversal. Just throwing a thought out there.
I appreciate your chat.
Posted by cape_rover on 11th of Mar 2018 at 05:11 pm
Great video Matt. For us that don’t always have time to
watch the whole news letter could just the spreadsheet get posted
for new trade ideas - using the $500 risk example. I don’t
want to put you out if it is a hassle. Just a suggestion if
you think your membership would get value out of it.
Posted by cape_rover on 3rd of Mar 2018 at 05:38 pm
Very interesting article. Thanks Matt! How much
does the fed plan to unwind - $4.18T? Is it typical for the
Fed to have over $4T in treasuries and mortgage backed securities.
Did the fed 'print' money to buy these securities which seems
to me would be an inflationary move? If the Fed sells
$4T in these instruments, does that mean the national debt is
reduced by $4T? Do we have an economist here
that can explain what we should expect as selling these instruments
pulls liquidity out of the (stock?) market?
Posted by cape_rover on 14th of Feb 2018 at 07:39 pm
I believe Your cash payment will be the underlying value of the
options that make up XIV rather than the price of XIV. Svxy
was up a similar amount today
Posted by cape_rover on 7th of Feb 2018 at 09:51 am
Today, Fidelity will not let me open a position on XIV or SVKY
(I was able to buy a little SVKY yesterday). People trying to
sell might have a difficult time selling (no demand) making the
price of XIV disjointed from the underlying contract value in the
ETN. When ETN closes there seems to be a possibility the
distribution you receive could be much higher than the value of
XIV. Anyone have a thought on this or experience with this
type of situation?
Posted by cape_rover on 7th of Feb 2018 at 05:20 am
Does anyone know if XIV will continue to trade contacts right up
to the close? Or is Credit Suisse done trading contracts and what
ever the ETN's contracts were worth yesterday is what XIV will
close at later this month? From what I have read they will
continue to trade contracts per the prospectus.
If CS continues to trade contracts, and the VIX goes down, and
people capitulate, could the ETN's contracts be worth more on the
closing day than what XIV is trading at - thus when funds are
dispersed, you may get more funds than what the underlying XIV
shares were worth? In other words, if the XIV is way
oversold, could the ETN's contracts/share be worth more than the
closing price of XIV?
Below is from the prospectus- it addresses a trading premium but
what if XIV closes at a trading discount - the funds you receive
would be greater than the value of the XIV shares - correct?
Any
limitation or suspension on the issuance of the ETNs may
materially and adversely affect the price and liquidity of the ETNs
in the
secondary market. Alternatively, the decrease in supply may
cause an imbalance in the market supply and demand, which may cause
the
ETNs to trade at a premium over the indicative value of the
ETNs. Any premium may be reduced or eliminated at any time. Paying
a
premium purchase price over the indicative value of the
ETNs could lead to significant losses in the event the investor
sells such ETNs at a
time when such premium is no longer present in the market
place or such ETNs are accelerated (including at our option, which
we have the
discretion to do at any time), in which case investors will
receive a cash payment in an amount equal to the Closing Indicative
Value on the
Accelerated Valuation Date (each as defined herein).
Investors should consult their financial advisors before purchasing
or selling the ETNs,
especially for ETNs trading at a premium over their
indicative value.
The community is delayed by three days for non registered users.
I found it really odd
SPX Daily - halted near top of channel
Posted by cape_rover on 27th of Jul 2018 at 01:24 pm
I found it really odd you haven’t been showing this channel chart since your weekend news letter. I keep wondering if there is a reason way it wasn’t shown. This is the primary chart I’ve been trading SPX against this week.
If I am reading table
Federal Reserve Balance Sheet
Posted by cape_rover on 25th of Jun 2018 at 06:17 am
If I am reading table 5 correctly it looks like they pulled out 10 billion since last wed.
Is there any way to
Federal Reserve Balance Sheet
Posted by cape_rover on 23rd of Jun 2018 at 05:00 pm
Is there any way to tell how more QT the fed will be doing this month?
That would be a great
swing trade list beta something working on
Posted by cape_rover on 18th of May 2018 at 10:22 am
That would be a great idea (many of us have day time jobs) to put a table like this at the bottom of the news letter with entry points for new ideas like KEY and RF
I’m no expert but I
Nice Island Top on $SPX 60 min played out this ...
Posted by cape_rover on 8th of Apr 2018 at 01:45 am
I’m no expert but I don’t believe that formation meets the increased volume requirement of an island reversal. Your chart does make me wonder if The SPY daily trading range will resolve in an island bottom. However, Since the current daily island has formed over the last 11 trading sessions rather than a couple of trading session it may also be invalid or it could be marking an intermediate trend reversal rather than a short term trend reversal. Just throwing a thought out there. I appreciate your chat.
Spy attempting to take back
Posted by cape_rover on 15th of Mar 2018 at 11:34 am
Spy attempting to take back half of yesterday’s candle. Monitoring...
Great video Matt. For us
Important Education Video to help you trade our trade ideas - reposted from 2018
Posted by cape_rover on 11th of Mar 2018 at 05:11 pm
Great video Matt. For us that don’t always have time to watch the whole news letter could just the spreadsheet get posted for new trade ideas - using the $500 risk example. I don’t want to put you out if it is a hassle. Just a suggestion if you think your membership would get value out of it.
Very interesting article. Thanks Matt!
Article on Fed yanking the punchbowl
Posted by cape_rover on 3rd of Mar 2018 at 05:38 pm
Very interesting article. Thanks Matt! How much does the fed plan to unwind - $4.18T? Is it typical for the Fed to have over $4T in treasuries and mortgage backed securities. Did the fed 'print' money to buy these securities which seems to me would be an inflationary move? If the Fed sells $4T in these instruments, does that mean the national debt is reduced by $4T? Do we have an economist here that can explain what we should expect as selling these instruments pulls liquidity out of the (stock?) market?
WMT ... previous earning gap closed ... hugging the 200MA ...
Posted by cape_rover on 2nd of Mar 2018 at 12:13 pm
I believe Your cash payment
XIV - How does this work?By now you should all ...
Posted by cape_rover on 14th of Feb 2018 at 07:39 pm
I believe Your cash payment will be the underlying value of the options that make up XIV rather than the price of XIV. Svxy was up a similar amount today
Check out the news letter
Any change to the 401k Paint Dry System?
Posted by cape_rover on 8th of Feb 2018 at 09:54 am
Check out the news letter for today. I believe Matt covered it in near the beginning of the recording.
I don't know what broker
Tradestation data - Sorry for the novice question, but an ...
Posted by cape_rover on 7th of Feb 2018 at 11:02 am
I don't know what broker you use but Fidelity gives you that for free with their active trader software.
Today, Fidelity will not let
Does anyone know if XIV will continue to trade contacts ...
Posted by cape_rover on 7th of Feb 2018 at 09:51 am
Today, Fidelity will not let me open a position on XIV or SVKY (I was able to buy a little SVKY yesterday). People trying to sell might have a difficult time selling (no demand) making the price of XIV disjointed from the underlying contract value in the ETN. When ETN closes there seems to be a possibility the distribution you receive could be much higher than the value of XIV. Anyone have a thought on this or experience with this type of situation?
Does anyone know if XIV
Posted by cape_rover on 7th of Feb 2018 at 05:20 am
Does anyone know if XIV will continue to trade contacts right up to the close? Or is Credit Suisse done trading contracts and what ever the ETN's contracts were worth yesterday is what XIV will close at later this month? From what I have read they will continue to trade contracts per the prospectus.
If CS continues to trade contracts, and the VIX goes down, and people capitulate, could the ETN's contracts be worth more on the closing day than what XIV is trading at - thus when funds are dispersed, you may get more funds than what the underlying XIV shares were worth? In other words, if the XIV is way oversold, could the ETN's contracts/share be worth more than the closing price of XIV?
Below is from the prospectus- it addresses a trading premium but what if XIV closes at a trading discount - the funds you receive would be greater than the value of the XIV shares - correct?
Any
limitation or suspension on the issuance of the ETNs may materially and adversely affect the price and liquidity of the ETNs in the
secondary market. Alternatively, the decrease in supply may cause an imbalance in the market supply and demand, which may cause the
ETNs to trade at a premium over the indicative value of the ETNs. Any premium may be reduced or eliminated at any time. Paying a
premium purchase price over the indicative value of the ETNs could lead to significant losses in the event the investor sells such ETNs at a
time when such premium is no longer present in the market place or such ETNs are accelerated (including at our option, which we have the
discretion to do at any time), in which case investors will receive a cash payment in an amount equal to the Closing Indicative Value on the
Accelerated Valuation Date (each as defined herein). Investors should consult their financial advisors before purchasing or selling the ETNs,
especially for ETNs trading at a premium over their indicative value.
it is trading now, I
SVXY expected to begin trading again at 12:30 EST
Posted by cape_rover on 6th of Feb 2018 at 11:41 am
it is trading now, I bought a few in the $11s
How did your systems close?
SPY system update: Here's an image of the SPY system ...
Posted by cape_rover on 31st of Jan 2018 at 04:32 pm
How did your systems close? VIX system closed inside its BB.
Thanks for the post.
GE likely to be dropped from Dow 30 index, says ...
Posted by cape_rover on 31st of Jan 2018 at 11:58 am
Thanks for the post.
I wonder if the industrial
SQ Updated View
Posted by cape_rover on 5th of Jan 2018 at 10:48 pm
I wonder if the industrial loan banking license is going to be approved soon?
Looks like SPY is touching
Posted by cape_rover on 4th of Jan 2018 at 12:48 pm
Looks like SPY is touching the upper trend line. Time for a reversal?
Looks like SPY is touching
Posted by cape_rover on 4th of Jan 2018 at 12:48 pm
Looks like SPY is touching the upper trend line. Time for a reversal?