Market held up on Friday through Tuesday to spear
embarrassment before the State of the Union
Address.. Simple as
that. Similar outcomes in
2012 and 2013. No fancy
indicators just history.
That vix looks like it wants to pop at some point in the near
future.. Not sure if it got to its lower B-bands and a bounce
inside would give us a SPX sell signal. The
candles right now are showing a negative outside
developing. For some reason, I
can't copy and paste a screen shot. Was that shut off
or is my browser messed up?
I mean, what's the difference if 69 companies
already pre announced poor earnings and
guidance? Poor earnings to good earnings in
like 6:1 ratio or close to it..
Cramer says to Buy buy buy.. LOL
There was another good
deal of economic data that was dumped into our laps this morning
and it was once again so bad – it was good. That is to say,
it stunk so badly that investors (read: Fraud Street insiders) now
believe that the ECB (European Central Bank) is about to go
full-Bernanke just like the Japanese.
Will Super-Mario
counterfeit the Euro to save the bankers like Bernanke & Abe?
Do I have to ask? If not, why did the following data
inspire such a large rally on Fraud Street?
French GDP was negative
for the 2ndconsecutive quarter. It
is in a double-dip RECESSION. Isn’t France the 2ndmost important “core”
country in Europe?
How about the #1 economy
in Europe – Germany? Its GDP was almost as bad, perhaps worse
considering its place in the zone: GDP growth was a paltry +0.1%
QoQ.
Italy is still a basket
case with a -.5% reading.
The Eurozone as a whole
-.2% QoQ.
For this, the markets
got excited – real bullish-like. Yup, nothing like bad and
increasingly worse data to get a market to go higher.
The data in the USSA
this morning wasn’t good either.
May PPI (producer
inflation) was lower than expected, and although you and I enjoy
lower prices, the Fed is terrified of lower prices. Why?
It’s bad for the banking syndicate’s loan portfolios and that
is all that matters.
The Housing Market Index
was “as expected” – no bullish surprise here.
The NY region’s
manufacturing data was atrocious. Its consensus was +3.75 but
was -1.43. What’s more, this is a diffusion index with the
expansion/contraction line at zero; therefore, this is
contractionary and quite bearish.
The Dow closed +60.00
points. Economic reality is irrelevant as long as there are
central planners out there ready to print up new cash…not for you
though…for the banking syndicate.
The community is delayed by three days for non registered users.
The embarrassment indicator was confirmed.
Posted by zach06 on 29th of Jan 2014 at 09:44 pm
Market held up on Friday through Tuesday to spear embarrassment before the State of the Union Address.. Simple as that. Similar outcomes in 2012 and 2013. No fancy indicators just history.
I am here.. just don't have a lot of time to post
Indicator levels
Posted by zach06 on 27th of Jan 2014 at 03:56 pm
Training my assistant to handle one of the Falcons.
OR
Indicator levels
Posted by zach06 on 27th of Jan 2014 at 03:43 pm
Maybe "they" don't want an embarrassing citation on "their" hands tomorrow night at the State of the Union.
BOIL Short Straddle
Posted by zach06 on 27th of Jan 2014 at 03:22 pm
Short 47 calls short 47 puts FEB 11.80 credit
Almost time to sell some NOV4 Vix puts 14.00 strike?
Posted by zach06 on 17th of Oct 2013 at 07:19 am
CRDC nice chart pattern.. LOW PRICED spec play
Posted by zach06 on 12th of Aug 2013 at 03:47 pm
I'd be careful from here...
Posted by zach06 on 23rd of Jul 2013 at 12:40 pm
That vix looks like it wants to pop at some point in the near future.. Not sure if it got to its lower B-bands and a bounce inside would give us a SPX sell signal. The candles right now are showing a negative outside developing. For some reason, I can't copy and paste a screen shot. Was that shut off or is my browser messed up?
you might make more on a 30 strike wide butterfly
AAPL earnings due next week.I am looking at week 4 AAPL puts. Thoughts?
Posted by zach06 on 16th of Jul 2013 at 12:44 pm
Well, We might as well skip earnings.....
Frustrating
Posted by zach06 on 11th of Jul 2013 at 07:49 am
I mean, what's the difference if 69 companies already pre announced poor earnings and guidance? Poor earnings to good earnings in like 6:1 ratio or close to it.. Cramer says to Buy buy buy.. LOL
Reverse split.... That one trades in favor of the house at this point
uvxy
Posted by zach06 on 19th of Jun 2013 at 01:00 pm
Has a natural tendency to go down because of the way it is structured. You have no edge like you did when it was in the 5-7 range
I guess he is going to have to call Lloyd's of London to collect.? All traders
Hello Everyone: The newsletter will be out shortly. Matt had an ...
Posted by zach06 on 7th of Jun 2013 at 09:08 am
should have their hands, arms and fingers insured until they get voice activated trading.
VIX / SPX buy signal forming?
Posted by zach06 on 6th of Jun 2013 at 02:57 pm
Not sure if my chart is accurate.. looks like a VIX inside bolenger band SPX buy signal forming EOD?
Hey Steve.. did you hit the wrong button??? That was the newletter from last
Tuesday Newsletter
Posted by zach06 on 4th of Jun 2013 at 11:21 pm
week after the Nat Gas report
check your charts.. we closed at 1631.38 spx
Tuesday Newsletter
Posted by zach06 on 4th of Jun 2013 at 11:17 pm
Maybe I am reading it wrong.. but something seems wrong on the newsletter on the spx charts
Ben is buying 5 billion today.. Should be another Joke trading day
Posted by zach06 on 31st of May 2013 at 08:19 am
since the economic numbers mean nothing anymore.
Look out Below? Margin call on Yen trades coming?
Posted by zach06 on 30th of May 2013 at 03:39 pm
Nikkei Reporting Japan to Impose New Rules on Forex Margin Trading.
numbers so bad... they are good for the market.. go figure
Posted by zach06 on 16th of May 2013 at 08:21 am
Data Dump
There was another good deal of economic data that was dumped into our laps this morning and it was once again so bad – it was good. That is to say, it stunk so badly that investors (read: Fraud Street insiders) now believe that the ECB (European Central Bank) is about to go full-Bernanke just like the Japanese.
Will Super-Mario counterfeit the Euro to save the bankers like Bernanke & Abe? Do I have to ask? If not, why did the following data inspire such a large rally on Fraud Street?
French GDP was negative for the 2 nd consecutive quarter. It is in a double-dip RECESSION. Isn’t France the 2 nd most important “core” country in Europe?
How about the #1 economy in Europe – Germany? Its GDP was almost as bad, perhaps worse considering its place in the zone: GDP growth was a paltry +0.1% QoQ.
Italy is still a basket case with a -.5% reading.
The Eurozone as a whole -.2% QoQ.
For this, the markets got excited – real bullish-like. Yup, nothing like bad and increasingly worse data to get a market to go higher.
The data in the USSA this morning wasn’t good either.
May PPI (producer inflation) was lower than expected, and although you and I enjoy lower prices, the Fed is terrified of lower prices. Why? It’s bad for the banking syndicate’s loan portfolios and that is all that matters.
The Housing Market Index was “as expected” – no bullish surprise here.
The NY region’s manufacturing data was atrocious. Its consensus was +3.75 but was -1.43. What’s more, this is a diffusion index with the expansion/contraction line at zero; therefore, this is contractionary and quite bearish.
The Dow closed +60.00 points. Economic reality is irrelevant as long as there are central planners out there ready to print up new cash…not for you though…for the banking syndicate.
Yes, but there is a reason they call him Carter Worthless
Cater Worth Oppenhiemer Technician on CNBC
Posted by zach06 on 30th of Apr 2013 at 08:05 pm
keep your eye on the 60/3 stochastics now below 80 on the five minute
Posted by zach06 on 30th of Apr 2013 at 02:12 pm
I suspect and inverse head and shoulders forming going into the close after a pullback
Keep your eye on LNG... looks like it is on an edge of yet another
Posted by zach06 on 30th of Apr 2013 at 02:04 pm
Breakout