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Post by walnut on Jul 17, 2017 11:32:30 GMT -5
VXX riding along on top of descending support.
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Post by Herceg on Jul 17, 2017 12:18:59 GMT -5
I saw my lawn grow a full 1/16" today...........it was rather exciting.............more so than the mkt. today.........
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Post by walnut on Jul 17, 2017 13:03:07 GMT -5
VXX expected drop 7 cents a day right now.
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Post by theMist on Jul 17, 2017 13:07:01 GMT -5
VXX expected drop 7 cents a day right now. tomorrow is expiry Is that calculated for after expiry?
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Post by walnut on Jul 17, 2017 13:13:37 GMT -5
VXX is almost 100% composed of the August contract already today so it is real easy to calculate right now (((AUG - VIX) /Aug ) / 30 ) x VXX
It is always just a moving target anyway with vix and futures moving so no point in getting too precise.
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Post by clinton on Jul 17, 2017 14:20:04 GMT -5
Im now 50% cash booked a bunch of profits the last two days
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Post by theMist on Jul 17, 2017 15:13:41 GMT -5
lol Clinton
Has to blow off some more...before....
not allowing me to post a chart -- some crashing going on with FAZ
VXX - first complete candle outside lower BB
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Post by theMist on Jul 17, 2017 17:03:17 GMT -5
Jim's video
He answered my email by simply saying 'we need to keep an open mind' lol
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Post by ipath on Jul 17, 2017 20:21:33 GMT -5
announcement of the health bill death moves the sp500 .13% down.. really? That's it
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Post by theMist on Jul 18, 2017 7:06:02 GMT -5
announcement of the health bill death moves the sp500 .13% down.. really? That's it I thought for sure I missed a selloff overnight going into this morning -- at least pullback to backtest the breakout And I'm thankful the Healthcare Bill failed anyway -- morons are trying to remove MedicAid entitlement for millions of elderly in nursing homes and poor familes, children Anyway, it shows that markets are still trading on technicals. After those technicals are met, bad news will be met with selling IMO And if tax reform bill dies or is a watered down version -- markets will sell real hard IMO Earnings -- so far earnings are above expectations and bank stocks are selling on the earnings news. Netflix is the only one so far that is up nicely after not beating (inline) BTW but up on subscriber growth
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Post by Herceg on Jul 18, 2017 7:18:33 GMT -5
Keep MedicAid entitlement for millions of elderly in nursing homes and poor familes, children..................however they need to get rid of it for the lazy people.
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Post by theMist on Jul 18, 2017 7:23:06 GMT -5
Keep MedicAid entitlement for millions of elderly in nursing homes and poor familes, children..................however they need to get rid of it for the lazy people. I agree BUT you know that they're intentions were to phase it out. You can't put a specific number for budget purposes and then go out and look for the lazy people. I forget the number BUT they were looking to save say 20 billion and then go out and look for those 20 billion worth of lazy people lol
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