The most common send MD's due a great job of using data to
explain Covid-19, I would encourage anyone who hasn't watch it to
watch it.
https://www.youtube.com/watch?v=xfLVxx_lBLU
I would say the $VIX would be a better indicator of overall
market sentiment. A lot of people short or on the sidelines
waiting for the next big drop that might never happen. I am
not a true believe until way stay above the 50 day MA on the SP500
for more than a day. I need a couple of days to prove the
strength of the market.
Another interesting note: I am reading that people who
were working making around the min wage area, are now receiving
more money from unemployment and do not want to go back to work.
In order for small business owners to keep the money that
has been loaned to them from bailout, have to keep full employment
as one of the stipulations of the loan, now they are getting a lot
push back from their workers that they are going to mess up their
unemployment benefits. The end result is the small business
owner cannot get all their workers back to work, stand to lose the
loan. Interesting times.
I think my TA is a waste of time these days. Too much
money being pumped into the markets. I cannot beat the fed.
This is an interesting stat: 2019 3.6% unemployment. 7
million jobs created, since 2017. SP500 - 3,383. 2020
- 20.6% unemployment, 26 million jobs lost in past 5 weeks,
SP500 - 27993. But who cares when you can just create
more debt.
Anyone live on Oregon coast? I moved from East coast and
my passion is fishing. I live southwest but starting to do
some research on good fishing areas (Depot bay someone
recommended). Also type of fishing boat good? With the
weather, I am figuring a walk around. Thanks for any help on
my non stock questions.
Agreed. It is the best piece of dog poop that is available
and the Eurodollar takes its cues from the US dollar. A lot
of the Euro lending is swapped through Eurodollars and that keeps
our strength, but at some point (Russia, China and Middle East) are
pushing things in another direction. The oil situation is the
first stage because ultimately the USD is not a fiat currency it is
backed by oil (petrodollar) and so it will be an interesting couple
of years for sure.
A longer term play might be investing in Chinese currency.
The one fund I found was "CYB". There is not a lot of
volume so you wouldnt trade it. More longer term but I think
that the Yuan is going to gain traction over the USD in the years
to come. And one of my thoughts is that a lot of the smaller
third world countries are currently being bailed out by China and
so in return they will make them pay back in Yuan. This is
just my opinion and not trading or investing advice.
The community is delayed by three days for non registered users.
The most common send MD's
Posted by ssaffer on 26th of Apr 2020 at 09:47 pm
The most common send MD's due a great job of using data to explain Covid-19, I would encourage anyone who hasn't watch it to watch it. https://www.youtube.com/watch?v=xfLVxx_lBLU
Buy some "V" bucks for
50% of Americans say their savings will be wiped out ...
Posted by ssaffer on 26th of Apr 2020 at 03:52 pm
Buy some "V" bucks for fortnite.
I am with you on
DJIA Weekly Close. The 26 million jobs created since 2009 ...
Posted by ssaffer on 24th of Apr 2020 at 10:19 pm
I am with you on that.
My Concern is the Weekly
Posted by ssaffer on 24th of Apr 2020 at 04:07 pm
My Concern is the Weekly Chart on SP500 is still bearish. Rising wedge and and volume is waning.
Steve you too.
Have a nice weekend everyone
Posted by ssaffer on 24th of Apr 2020 at 04:02 pm
Steve you too.
Lysol makes the markets g
yesterday the market was spooked by remdivisir news but today ...
Posted by ssaffer on 24th of Apr 2020 at 03:58 pm
Lysol makes the markets g up. A shot of lysol a day keeps Covid-19 away.
I would say the $VIX
The last 4 Friday afternoons the SPX rallied - will ...
Posted by ssaffer on 24th of Apr 2020 at 03:52 pm
I would say the $VIX would be a better indicator of overall market sentiment. A lot of people short or on the sidelines waiting for the next big drop that might never happen. I am not a true believe until way stay above the 50 day MA on the SP500 for more than a day. I need a couple of days to prove the strength of the market.
Switching hats today. Got stopped
Posted by ssaffer on 24th of Apr 2020 at 03:39 pm
Switching hats today. Got stopped out most my shorts now. Went long Walmart and CHGG ( online education).
I agree 100% but I
Another interesting note: I am reading that people who were ...
Posted by ssaffer on 24th of Apr 2020 at 03:18 pm
I agree 100% but I do not think that a lot of people who are short-sighted really think about long term.
wow. missing that one.
INO Updated View
Posted by ssaffer on 24th of Apr 2020 at 01:37 pm
wow. missing that one.
ISM and beige book.
I think my TA is a waste of time these ...
Posted by ssaffer on 24th of Apr 2020 at 01:32 pm
ISM and beige book.
Another interesting note: I am
Posted by ssaffer on 24th of Apr 2020 at 01:28 pm
Another interesting note: I am reading that people who were working making around the min wage area, are now receiving more money from unemployment and do not want to go back to work. In order for small business owners to keep the money that has been loaned to them from bailout, have to keep full employment as one of the stipulations of the loan, now they are getting a lot push back from their workers that they are going to mess up their unemployment benefits. The end result is the small business owner cannot get all their workers back to work, stand to lose the loan. Interesting times.
I think my TA is
Posted by ssaffer on 24th of Apr 2020 at 01:21 pm
I think my TA is a waste of time these days. Too much money being pumped into the markets. I cannot beat the fed. This is an interesting stat: 2019 3.6% unemployment. 7 million jobs created, since 2017. SP500 - 3,383. 2020 - 20.6% unemployment, 26 million jobs lost in past 5 weeks, SP500 - 27993. But who cares when you can just create more debt.
I dont think the market
Google to cut marketing budgets as much as half, directors ...
Posted by ssaffer on 23rd of Apr 2020 at 06:50 pm
I dont think the market has priced in the reality yet.
Anyone live on Oregon coast?
Posted by ssaffer on 23rd of Apr 2020 at 05:40 pm
Anyone live on Oregon coast? I moved from East coast and my passion is fishing. I live southwest but starting to do some research on good fishing areas (Depot bay someone recommended). Also type of fishing boat good? With the weather, I am figuring a walk around. Thanks for any help on my non stock questions.
You guys had it spot
Steve/Matt -- Looks like that rounded top from the chart ...
Posted by ssaffer on 23rd of Apr 2020 at 04:03 pm
You guys had it spot on. Thank you.
Agreed. It is the best
Ponder this: When countries that don’t have reserve currencies desperately ...
Posted by ssaffer on 23rd of Apr 2020 at 03:59 pm
Agreed. It is the best piece of dog poop that is available and the Eurodollar takes its cues from the US dollar. A lot of the Euro lending is swapped through Eurodollars and that keeps our strength, but at some point (Russia, China and Middle East) are pushing things in another direction. The oil situation is the first stage because ultimately the USD is not a fiat currency it is backed by oil (petrodollar) and so it will be an interesting couple of years for sure.
AHPI. Could be a low
Posted by ssaffer on 23rd of Apr 2020 at 03:26 pm
AHPI. Could be a low risk entry if it pops up over the 50 day on the Daily.
A longer term play might
Posted by ssaffer on 23rd of Apr 2020 at 03:19 pm
A longer term play might be investing in Chinese currency. The one fund I found was "CYB". There is not a lot of volume so you wouldnt trade it. More longer term but I think that the Yuan is going to gain traction over the USD in the years to come. And one of my thoughts is that a lot of the smaller third world countries are currently being bailed out by China and so in return they will make them pay back in Yuan. This is just my opinion and not trading or investing advice.
LAKE. Maybe a wind is
Posted by ssaffer on 23rd of Apr 2020 at 03:12 pm
LAKE. Maybe a wind is picking up the sails.