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Post by huh on Aug 21, 2017 7:05:05 GMT -5
10 things you need to know before the opening bell The US fires the first shot in a trade war with China. Late Friday, Ambassador Robert Lighthizer announced an investigation into China's theft of US intellectual property using Section 301 of the Trade Act of 1974. The 10-year threatens a 2-month low. The benchmark yield is down 1 basis point at 2.18% and hovering near its lowest level since June 27. Bitcoin cash explodes over the weekend. The cryptocurrency threatened its record high on Saturday, hitting $734 a coin. It has since fallen well off that level, trading at $640 on Monday morning. Warren Buffett's Berkshire Hathaway has been outbid for Oncor. Sempra Energy has agreed to buy Oncor for $9.45 billion after Energy Future Holdings abandoned its deal with Buffett's Berkshire Hathaway, Reuters says. Total is buying Maersk. The French oil giant Total will pay Moller Maersk $4.95 billion and assume $2.5 billion of debt in a $7.5 billion deal for its Maersk Oil division, Reuters reports. There's a new favorite to become Uber's CEO. Former GE CEO Jeffrey Immelt is at the top of the list to become Uber's CEO, according to Recode's Kara Swisher, citing "numerous" sources. ADP rejects Bill Ackman's board nominees. ADP's board of directors voted unanimously to not nominate any of Pershing Square's three candidates to its board, the company said in a press release Monday. Stock markets around the world are mostly lower. Japan's Nikkei (-0.40%) lagged in Asia, and France's CAC (-0.66%) trails in Europe. The S&P 500 is set to open little changed near 2,427. Earnings reporting is light. Nordson releases its quarterly results after markets close. US economic data trickles out. The Chicago Fed National Activity Index will be released at 8:30 a.m. ET. www.businessinsider.com/opening-bell-august-21-2017-2017-8 |
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Post by huh on Aug 21, 2017 7:05:51 GMT -5
10 things in tech you need to know today 1. Former CEO of General Electric Jeffrey Immelt is reportedly at the top of the list of potential Uber CEO replacements. The former chief executive, Travis Kalanick, stepped down from the position in June, and the company has yet to find a new head. 2. The new Xbox One X has an official price and launch date. Microsoft first unveiled the game console at the E3 expo in June, and has now announced that it will come to stores on November 7 for $500 (£390). 3. Facebook may be working on a pair of augmented reality glasses. A recently published patent shows that the smart glasses would project light into the viewer's eyes, and use the lenses as a display to augment the real world environment. 4. A render of what seemingly looks like a new smart thermostat by Google's Nest subsidiary leaked. The image comes courtesy of Evan Blass, a notorious leaker who has correctly published product images and information ahead of time many times, and shows a product that would mark the thermostat's first big redesign since its introduction in 2011. 5. Snapchat is using the solar eclipse to promote the new Maps feature in the app. Friends who are in the path of the solar eclipse today will have a special Bitmoji called "Actionmoji" that will temporarily show them wearing a pair of sunglasses while looking up in the sky. 6. Google is reportedly testing new tools with The New York Times and The Financial Times to boost subscriptions for publishers. Some of the new tools may include a revamp of "first click free" and targeting of potential new subscribers. 7. AT&T is reportedly inching closer to its takeover of Time Warner. The $85 billion (£66 billion) acquisition has reportedly "reached an advanced stage," and AT&T lawyers are said to be talking with the US Department of Justice about merger conditions. 8. Apple launched a series of new videos to promote iOS 11 on the iPad. The new version of the operating system offers a series of features designed specifically for the new iPad Pros, and the company is highlighting some of the new exclusive ones that users will be able to use when the finalized software launches some time in the coming weeks. 9. Google is updating its Chrome and Google apps on Android and iOS to include auto-playing, artificial intelligence-generated, six-second video previews in search results. Videos will be silent, and only show up when the user is connected to WiFi. 10. Google is expected to fully unveil and potentially release the latest version of its Android operating system today. Android O has been in beta for about three months now, but the finalized version is expected to launch in conjunction with today's solar eclipse at 2.40PM ET. www.businessinsider.com/10-things-in-tech-you-need-to-know-today-august-21-2017-8 |
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Post by theMist on Aug 21, 2017 7:31:22 GMT -5
shorting some VXX
I believe VXX will at least trade down to mid 12s again
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Post by walnut on Aug 21, 2017 8:35:14 GMT -5
Wish it would get headed back in that direction...
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Post by theMist on Aug 21, 2017 8:37:13 GMT -5
Wish it would get headed back in that direction... Markets should calm down and some buyers step in VXX should be testing 13 soon |
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Post by theMist on Aug 21, 2017 9:01:23 GMT -5
If I was long VXX right now, I would be so upset
Markets selling and its still down.
contango improving
scratch that lol
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Post by walnut on Aug 21, 2017 9:04:15 GMT -5
Seems like it will retest last weeks highs maybe
- or, maybe not
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Post by theMist on Aug 21, 2017 9:07:35 GMT -5
Seems like it will retest last weeks highs maybe - or, maybe not I don't know - would take a lot of hard selling for that to happen I think VXX retests 13 again and rolls back to mid 12s we'll see... |
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Post by walnut on Aug 21, 2017 9:09:32 GMT -5
I'd love this to be a market bottom, not ready for a correction
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Post by walnut on Aug 21, 2017 9:21:25 GMT -5
Seems like it will retest last weeks highs maybe - or, maybe not I don't know - would take a lot of hard selling for that to happen I think VXX retests 13 again and rolls back to mid 12s we'll see... Yeah I was not liking that ES chart the moment I said that. Still looking a little gloomy |
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Post by ipath on Aug 21, 2017 9:22:11 GMT -5
I wish it would finally tag 2400 so I can go all in short the scams. like this its just killing me
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Post by theMist on Aug 21, 2017 9:25:17 GMT -5
With the way the markets have been these past few trading days, I would have thought VXX would be in the 15s right now
I think that says something
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Post by theMist on Aug 21, 2017 9:36:49 GMT -5
Long bottom wick on S&P Hourly -- hopefully puts in bottom candle
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Post by ipath on Aug 21, 2017 9:43:10 GMT -5
renewed NK tensions + crap coming from the WH every day, so volatility should stay elevated a bit for couple of days/weeks until those factors go away. But it should go down if the market goes green, just not down under 10 I think, not yet
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Post by walnut on Aug 21, 2017 9:54:32 GMT -5
If we emerge from this eclipse unharmed, I am sure that the market will rally hard
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Post by theMist on Aug 21, 2017 9:55:11 GMT -5
Selling seems to be drying up and best VXX did was 13.70 range and I would have thought much higher
Now I could see VXX dropping back into 12s an possibly 11.80-12 range in short term
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Post by lasvegas77 on Aug 21, 2017 10:00:05 GMT -5
Let's see this shit drop already!
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Post by lasvegas77 on Aug 21, 2017 10:00:43 GMT -5
I'm in Los Angeles and it appears it will be overcast skies for the eclipse.
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Post by ipath on Aug 21, 2017 10:06:07 GMT -5
I was in Europe in 2006, the eclipse was really interesting.. the shadows appeared different, it felt like a different world.. def looking forward to it
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Post by walnut on Aug 21, 2017 10:07:04 GMT -5
Let's see this shit drop already! Absolutely |
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