Posted by jdaswani on 29th of Sep 2016 at 02:44 pm
Still staying short over here. despite bounce the indexes look
like they are under distribution. Fact that the market is not
higher with Hillary, Oil and Fed can't push us to new highs. Likely
not gonna happen near term. Especially going into October.
Posted by jdaswani on 28th of Sep 2016 at 02:44 pm
Oil prices going higher will actually be bad for the consumer.
Discretionary income becomes tighter for the lower middle classes
while rates will rise due to inflation.
After this eps cycle Oil co's will have found a bottom. With
energy makign up 15% S&P 500 and Financials making up 22%
Index, you will have 1/3 SPX seeing positve momentum to eps in
2017, offset by weaker consumer and housing.
Posted by jdaswani on 31st of Aug 2016 at 08:34 am
Any statistics on trade 2 only.. If we purposely choose to miss
the first leg ( i am well aware i can miss the whole trade) but we
went long entry 2, 100% long the 2x. What would the return picture
look like?
This way it almost helps avoid initial draw down and captures
more of the move forward. Just a thot.
I know this is a more technically oriented site. So let the
charts be your guide. I do want to share the fundamental reason why
it is down.
Chinese regulators today finalzed and issued new rules to tighten
the P2P industry. The major rules and comments are as follows:
Each individual/company can
borrow up to a maximum of RMB200,000/RMB1 mn from a single P2P
platform respecitvely, and up to a maxmium of RMB1 mn/RMB5 mn from
multiple P2P platforms respectively.
P2P fund pools, which investor
funds are not matched with specific loan assets, are prohibited. As
such, P2P platforms will no longer be allowed to provide guarantees
to clients.
Selling of wealth management
products is prohibited.
A grace period of one year is
given.
1,778, or 43% of the total
registered platforms were found to have problems by the end of
June.
More information and risk
factors need to be disclosed.
Impact on Yirendai:
According to the company's
data, its average loan size is about RMB140,000. We do not have the
data of the loan proportion exceeding RMB200,000, so we cannot tell
how much of the total loans facilitated will be affected. But we
checked from Wangdaizhijia (
http://shuju.wdzj.com/plat-info-85.html), Yirendai's top 10
borrowers all have loans of RMB400,000 or more, so these 10
borrowers' loans have to be at least halved. Going forward,
Yirendai's average loan size (thus revenue, which is a % of loans
facilitated) will be negatively affected in future.
The risk reserve fund is no
longer allowed. The company therefore will not bear credit risks
anymore.
Industry wise, very few (less than 5%) of the existing platforms
meet the new requirements, according to industry experts. Therefore
the industry will adjust and consolidate quickly and we expect
volume/interest rates/fees to decline dramatically.
The community is delayed by three days for non registered users.
Aapl
Posted by jdaswani on 4th of Oct 2016 at 10:05 am
cHART DIDNT ATTACH BEFORE
AAPL B/O
Posted by jdaswani on 4th of Oct 2016 at 10:02 am
Apple breakout. Tgt 1 $115.00, Tgt 2 $116 short term. Full pattern measures $121.00
Thanks for sharing...seems like it
ATTENTION ALL VIX TRADERS
Posted by jdaswani on 4th of Oct 2016 at 08:38 am
Thanks for sharing...seems like it makes sense to pick up insurance
YRCW close to breakout
Posted by jdaswani on 3rd of Oct 2016 at 01:33 pm
Covered for a loss?
SPY Pro system Alert
Posted by jdaswani on 29th of Sep 2016 at 04:10 pm
Covered for a loss?
Still staying short over here.
Guys regarding the SPY system
Posted by jdaswani on 29th of Sep 2016 at 02:44 pm
Still staying short over here. despite bounce the indexes look like they are under distribution. Fact that the market is not higher with Hillary, Oil and Fed can't push us to new highs. Likely not gonna happen near term. Especially going into October.
SPY Short
Posted by jdaswani on 28th of Sep 2016 at 03:29 pm
When does the second trade take place? Price level? I took the short unfort at 214.43
Higher Oil = Higher Inflation = Higher Rates
Posted by jdaswani on 28th of Sep 2016 at 02:44 pm
Oil prices going higher will actually be bad for the consumer. Discretionary income becomes tighter for the lower middle classes while rates will rise due to inflation.
After this eps cycle Oil co's will have found a bottom. With energy makign up 15% S&P 500 and Financials making up 22% Index, you will have 1/3 SPX seeing positve momentum to eps in 2017, offset by weaker consumer and housing.
Low Risk settup SPY
Posted by jdaswani on 21st of Sep 2016 at 03:19 pm
Foolish - I hedged my
Anyone contemplating a hedge to protect long positions prior to the Fed statement at 2:00pm?
Posted by jdaswani on 21st of Sep 2016 at 01:11 pm
Foolish - I hedged my self by 50% BY SHORTING SPY. Almost expecting to lose money.
This means they are looking
GS advises to sell the S&P 500
Posted by jdaswani on 16th of Sep 2016 at 12:12 pm
This means they are looking to add to there long positions in the S&P 500.
sorry guys. i accidentally uploaded
DIS
Posted by jdaswani on 15th of Sep 2016 at 03:54 pm
sorry guys. i accidentally uploaded the logo instead of chart. thot i deleted it before positing. Go Mickey
DIS
Posted by jdaswani on 15th of Sep 2016 at 03:50 pm
Nice Doji on the daily for Disney. Oversold large cap company.
Steve Reply: Love It
CSX
Posted by jdaswani on 15th of Sep 2016 at 02:04 pm
Try this again
CSX Trade Idea
Posted by jdaswani on 15th of Sep 2016 at 02:03 pm
SPY System
Posted by jdaswani on 9th of Sep 2016 at 02:36 pm
Does the SPY system look like its going long today?
Im in for JD.com. Lets
JD Daily View
Posted by jdaswani on 2nd of Sep 2016 at 09:40 am
Im in for JD.com. Lets see how she does. Bot 1k for 25.85, hard sell stop at 24.98. Matt & Steve, is that stop too wide for this trade?
Any statistics on trade 2
SPY Pro system going long at the close
Posted by jdaswani on 31st of Aug 2016 at 08:34 am
Any statistics on trade 2 only.. If we purposely choose to miss the first leg ( i am well aware i can miss the whole trade) but we went long entry 2, 100% long the 2x. What would the return picture look like?
This way it almost helps avoid initial draw down and captures more of the move forward. Just a thot.
YRD - This is the reason it is down..
Posted by jdaswani on 25th of Aug 2016 at 11:53 am
I know this is a more technically oriented site. So let the charts be your guide. I do want to share the fundamental reason why it is down.
Chinese regulators today finalzed and issued new rules to tighten the P2P industry. The major rules and comments are as follows:
Impact on Yirendai:
Industry wise, very few (less than 5%) of the existing platforms meet the new requirements, according to industry experts. Therefore the industry will adjust and consolidate quickly and we expect volume/interest rates/fees to decline dramatically.
Great article - 6 Staged of Market
Posted by jdaswani on 22nd of Aug 2016 at 09:46 am
http://stockcharts.com/members/articles/pring/2016/08/is-it-time-to-emphasize-commodities-and-reduce-bond-exposure.html