|
Post by huh on Mar 30, 2017 6:40:38 GMT -5
10 things you need to know before the opening bell (SPY, SPX, QQQ, DIA, AMZN, LULU, JPM) Jeff Beszos is the second richest man in the world. Shares of Amazon rallied 2.1% on Wednesday, propeling Bezos' net worth to $75.6 billion, according to the Bloomberg Billionaires Index. Lululemon collapses after earnings. Shares of Lululemon fell by as much as 16% in after-hours trade on Wednesday after the company said it expects sales at stores open for at least one year to decline in the first quarter in the "low-single digits" on a constant dollar basis. JPMorgan is reportedly looking into office space in Ireland. The investment bank is looking into office space in Dublin that can hold up to 1,000 employees as it looks to shift jobs out of London in response to Brexit, Bloomberg says. Legg Mason is cutting jobs. The investment firm is laying off about 30 employees, or 3% of its administrative staff as it looks to shift towards low-fee investing, Bloomberg reports. None of layoffs will impact investment personnel. Oil is struggling to get back above $50. West Texas Intermediate crude oil is down 0.3% at $49.38 per barrel as it fights for its first close above $50 since March 8. South Africa's finance minister could be on the way out. President Jacob Zuma has vowed to fire his finance minister Pravin Gordhan, AFP says. The South African rand is stronger by 0.7% at 12.9535 per dollar. Fed Speak is heavy. Cleveland's Mester (9:45 a.m. ET), Dallas' Kaplan (11 a.m. ET), San Francisco's Williams (11:15 a.m. ET), and New York's Dudley (4:30 p.m. ET) all take mic on Thursday. Stock markets around the world are lower. China's Shanghai Composite (-1%) lagged in Asia and Britain's FTSE (-0.2%) trails in Europe. The S&P 500 is set to open down 0.4% near 2,351. Earnings reporting is light. Dell Technologies reports ahead of the opening bell. US economic data flows. GDP-Third Estimate, personal consumption, core PCE, and initial j0bless claims will all be released at 8:30 a.m. ET. The US 10-year yield is little changed at 2.38%. markets.businessinsider.com/news/stocks/opening-bell-march-30-2017-2017-3-1001881255
|
|
|
Post by huh on Mar 30, 2017 6:41:28 GMT -5
10 things in tech you need to know today 1. Samsung unveiled its newest flagship phones, the Galaxy S8 and the Galaxy S8 Plus. The device comes in three colors. 2. Amazon CEO Jeff Bezos is now the second richest man in the world after overtaking Amancio Ortega and Warren Buffett, according to Bloomberg's Billionaires Index. His rise to number two has been fueled by a surge in Amazon's stock price, which rocketed 50% in the past 12 months. 3. President Donald Trump has switched from an Android device to an iPhone. The Apple device should be more secure than the aging device he was previously using, thought to be a Samsung Galaxy S3. 4. Facebook's billionaire cofounder Dustin Moskovitz has put more than $1 million into a philanthropic startup that encourages entrepreneurs to give to charity. The startup is called Founders Pledge. 5. Google quietly sued Uber's head of self-driving vehicles, Anthony Levandowski, months before it filed its lawsuit against the ride-hailing company. That's according to a new court filing. 6. Bloomberg reports that Amazon is shutting down its subsidiary Quidsi. Quidsi cost Amazon $545 million and it has 1,100 total employees. 7. A French billionaire is turning an abandoned railway building into the world's biggest startup campus. It will be called Station F. 8. Google and Mark Zuckerberg's investment fund are backing a $150 million AI institute in Toronto. The Vector Institute, as it's known, has appointed Google engineering fellow Geoff Hinton as its chief scientific advisor. 9. Jeff Bezos has revealed new concept images of a capsule that his rocket company, Blue Origin, could to use to ferry adventurous tourists into space. Blue Origin plans to attach a flight-ready version of the capsule to the top of its reusable, liquid-fueled New Shepard rocket system. 10. Facebook COO Sheryl Sandberg said women aren't better off four years after she published "Lean In," which went on to be a bestseller. Women are still facing push back in business and in politics, both in the US and around the world, Sandberg reportedly said. www.businessinsider.com/10-things-in-tech-you-need-to-know-today-march-30-2017-3
|
|
|
Post by huh on Mar 30, 2017 6:58:56 GMT -5
Frontrunning: March 30 Trump’s Border Wall: A Tall Order (WSJ) Trump’s Hope for Rapid Reset With Russia Fades (WSJ) China's Xi to meet Trump in Florida next week (Reuters) U.S. Softens Call for Shift on Nafta (WSJ) ESPN Has Seen the Future of TV and They’re Not Really Into It (BBG) Inside the Leadership Shakeup at Merrill Lynch (BBG) States’ Next Target on Sales Taxes: Sellers on Amazon (WSJ) South Africa's Zuma considers stepping down early in deal to oust Gordhan (Reuters) Zuma to Face Mass Cabinet Walkout If He Fires Gordhan (BBG) U.S., Turkey Set on a Collision Course (WSJ) Ackman Is ‘Profoundly’ Sorry for $4 Billion Valeant ‘Mistake’ (BBG) ‘You Are All Liars’: Toshiba Shareholders Vent After Westinghouse Bankruptcy (WSJ) Malaysia mistook slain Kim Jong Nam for South Korean (Reuters) JPMorgan in Talks for Dublin Office That Holds 1,000 People (BBG) North Carolina lawmakers reach deal to repeal transgender bathroom law (Reuters) Chinese women golfers may shun LPGA event amid South Korea tensions (Reuters) This Chinese Stock Soared 4,500% on the Nasdaq and No One Knows Why (BBG) Amazon Wants Cheerios, Oreos and Other Brands to Bypass Wal-Mart (BBG) Spain’s Mom and Pops Are Hurting (BBG) www.zerohedge.com/news/2017-03-30/frontrunning-march-30
|
|
|
Post by theMist on Mar 30, 2017 7:12:18 GMT -5
|
|
|
Post by walnut on Mar 30, 2017 8:26:29 GMT -5
Scams seem like they might drop again.
|
|
|
Post by theMist on Mar 30, 2017 8:30:08 GMT -5
Scams seem like they might drop again. I hope so. They've flattened out yesterday and this morning. Still riding those lower BBs They honestly need a nice little spike to drive them even lower to yet again, new all time lows VXX daily lower BB is currently at 15.23 -- maybe VXX can get down to that spot today VXX 15.51
|
|
|
Post by Herceg on Mar 30, 2017 8:33:50 GMT -5
LULU interesting for a trade.
|
|
|
Post by theMist on Mar 30, 2017 8:41:29 GMT -5
VXX might get up to VXX 15.66-15.78 area
good spot to avg in short for scalp if it can get there. IMO
Keep in mind VXX didn't fully fill the morning gap to 15.45 (lod 15.46) I think VXX will revisit the lod at some point today
|
|
|
Post by theMist on Mar 30, 2017 8:48:33 GMT -5
this is a much needed little spike in VXX
when (keyword when) VXX rolls over it can drive VXX back down harder instead of riding its lower BB
watching VXX 15 min chart and tagged 50ema perfectly at 15.66 so far
watch VXX Hourly also to see if indicators roll bullish and may pop VXX a little further but always keep in mind price action always trumps indicators
VXX 15.58
|
|
|
Post by clinton on Mar 30, 2017 8:55:53 GMT -5
TopstepTrader TopstepTrader
Jobless Claims 258K, exp. 247K
|
|
|
Post by theMist on Mar 30, 2017 8:56:55 GMT -5
VXX 15.52 now maybe with this spike VXX can get back down to 15.30 range watching VXX 15 min chart - large red candle but have to see how it closes
|
|
|
Post by walnut on Mar 30, 2017 9:02:50 GMT -5
Microscopic bear flag on VXX will give us a microscopic profit
|
|
|
Post by theMist on Mar 30, 2017 9:05:08 GMT -5
VXX 15.42 keep dropping my babies!
|
|
|
Post by theMist on Mar 30, 2017 9:10:13 GMT -5
watching VXX 5 min MACD Histogram -- still needs to roll bearish
VXX Hourly indicators is what concerns me going into this afternoon - later this morning MACD, MACD Histogram looks like it wants to roll bullish -- will be interesting if it does and what effect will have on VXX price action
of course, that's IF (big IF) if they roll bullish today
|
|
|
Post by walnut on Mar 30, 2017 9:15:33 GMT -5
Gotta go to the quarry good luck BBL
|
|
|
Post by theMist on Mar 30, 2017 9:23:11 GMT -5
Being short SCAMs at these levels feels like trying to make lemonade out of a bag of lemons that was run over by a truck. lol
they really need a larger spike to get them going a lot lower although they can simply grind lower but moves would be small. IMO
And VIX SCAMs are flat to slightly up with ES up
|
|
|
Post by huh on Mar 30, 2017 9:24:00 GMT -5
2250, then 1970's
|
|
|
Post by theMist on Mar 30, 2017 9:32:08 GMT -5
2250, then 1970's ?
|
|
|
Post by theMist on Mar 30, 2017 9:35:33 GMT -5
VXX 15.42
|
|
|
Post by theMist on Mar 30, 2017 9:36:52 GMT -5
BEARS getting squeezed again with this move higher
SP 2368.61
|
|