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Post by theMist on Apr 6, 2017 9:29:49 GMT -5
nice move in S&P - trying to confirm green hammer candle on Hourly
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Post by clinton on Apr 6, 2017 9:41:17 GMT -5
Im always amazed when the get oil to rally even though we have over-supply.
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Post by theMist on Apr 6, 2017 9:45:17 GMT -5
I'll talk to you guys later
tough fight between Bulls and Bears in this spot
GL ALL
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Post by walnut on Apr 6, 2017 9:46:05 GMT -5
Algos denying fun
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Post by walnut on Apr 6, 2017 10:46:26 GMT -5
vix headed into the 11's, that is good
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Post by lasvegas77 on Apr 6, 2017 11:39:27 GMT -5
have you guys heard of the 50 cent vix guy?
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Post by lasvegas77 on Apr 6, 2017 11:40:37 GMT -5
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Post by walnut on Apr 6, 2017 11:42:30 GMT -5
Interesting, I'll have to read more about how he is handing over his inheritance to the market makers when I get back from lunch.
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Post by lasvegas77 on Apr 6, 2017 11:48:57 GMT -5
My personal feelings towards the fed reducing their balance sheets is extremely bearish. Even a small amount of reduction would be the equivalent of negative qe. It likely will increase volatility once they do it. Mist was saying earlier that he didn't think the fed would want to destroy what they worked so hard to accomplish. However, I disagree. I think the fed wants Trump to encounter a financial crsis in hopes of getting Democrats back in office. Don't you think the Democrats are working hard behind the scenes?
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Post by theMist on Apr 6, 2017 11:52:31 GMT -5
My personal feelings towards the fed reducing their balance sheets is extremely bearish. Even a small amount of reduction would be the equivalent of negative qe. It likely will increase volatility once they do it. Mist was saying earlier that he didn't think the fed would want to destroy what they worked so hard to accomplish. However, I disagree. I think the fed wants Trump to encounter a financial crsis in hopes of getting Democrats back in office. Don't you think the Democrats are working hard behind the scenes? you'd make a really good conspiracy theorist Las Vegas
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Post by lasvegas77 on Apr 6, 2017 11:56:20 GMT -5
Maybe so Mist. But I have no doubts in my mind the kind of lobbying the Fed gets. Most people know Yellen is no fan of Trump.
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Post by lasvegas77 on Apr 6, 2017 11:57:30 GMT -5
If the fed wanted to cause the market to drop. How would they best achieve that? My best guess is to do exactly what they claim they will do with reducing the balance sheets worth billions. They own way more than the market can absorb and keep the prices where they are.
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Post by lasvegas77 on Apr 6, 2017 11:59:58 GMT -5
I'm sorry. I used the word billions thinking it was a lot. No, the amount is actually 4.5 trillion. How is the market going to absorb all that?
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Post by lasvegas77 on Apr 6, 2017 12:02:25 GMT -5
If they go through with actually selling their balance sheets. I will seriously consider buying an inverse etf and holding it until they are done selling.
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Post by theMist on Apr 6, 2017 12:03:35 GMT -5
I'm sorry. I used the word billions thinking it was a lot. No, the amount is actually 4.5 trillion. How is the market going to absorb all that? Very simple. In very small and slow, gradual moves. Also, do you really think the FED wants to enable Trump to point the finger at them for the coming collapse?
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Post by theMist on Apr 6, 2017 12:04:02 GMT -5
If they go through with actually selling their balance sheets. I will seriously consider buying an inverse etf and holding it until they are done selling. I also thought that way when they stopped QE but look where we are now
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Post by lasvegas77 on Apr 6, 2017 12:04:10 GMT -5
by the way congrats holding over night you guys. I had a small hunch that it may have hit a temporary high after it tagged the after hours high which was the high of Monday. Job numbers out tomorrow which usually is quite good for shorting tvix. However, I have doubts with the contango so low.
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Post by lasvegas77 on Apr 6, 2017 12:05:46 GMT -5
If they go through with actually selling their balance sheets. I will seriously consider buying an inverse etf and holding it until they are done selling. I also thought that way when they stopped QE but look where we are now That's sort of true Mist. But QE is still going on strong around the world. Also, most of the gains in the market following the end of qe came on the Trump rally with optimism now that the Obama Debby Downer is gone.
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Post by theMist on Apr 6, 2017 12:16:24 GMT -5
TAKE THEM DOWN LORD JESUS! TAKE THEM DOWN! VXX 15.68
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Post by theMist on Apr 6, 2017 12:18:04 GMT -5
VXX Hourly Chart As soon as those indicators rollover, VXX can be looking at new all time lows image post
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