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Post by theMist on Nov 3, 2017 9:15:28 GMT -5
And with Trump traveling to Asia this weekend potentially pissing off Dear Leader
Not worth it to hold over weekend for me
I'd rather chase a gap down in VIX SCAMs with full buying power then potentially be sick to my stomach all weekend
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Post by walnut on Nov 3, 2017 9:20:12 GMT -5
we are still on support there is really no way to say for sure when this will end. It sets up a good trading range until it breaks support.
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Post by theMist on Nov 3, 2017 9:20:26 GMT -5
vix futures
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Post by theMist on Nov 3, 2017 9:21:12 GMT -5
we are still on support there is really no way to say for sure when this will end. It sets up a good trading range until it breaks support. Just need VXX to stay in that descending channel and retest lod at some point
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Post by walnut on Nov 3, 2017 9:25:10 GMT -5
I gotta go to work pretty soon, I covered when tvix was at 8.26
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Post by theMist on Nov 3, 2017 9:25:44 GMT -5
I gotta go to work pretty soon, I covered when tvix was at 8.26 don't blame you - lod might be in for the day ttyl
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Post by walnut on Nov 3, 2017 9:26:13 GMT -5
Could roll over again but indicators make it look like it will be a little later.
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Post by theMist on Nov 3, 2017 9:31:21 GMT -5
VXX 15 min chart Support at all time low proving to be difficult still contango now over 11%
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Post by theMist on Nov 3, 2017 9:33:38 GMT -5
almost forgot lol TVIX 8.30 contango at 11.41% as I type
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Post by walnut on Nov 3, 2017 9:34:16 GMT -5
With contango that high, a drop is likely coming soon
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Post by walnut on Nov 3, 2017 9:35:16 GMT -5
Order in to buy some xiv at 112
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Post by walnut on Nov 3, 2017 9:47:37 GMT -5
Held off, I'm hoping for higher (tvix) prices
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Post by theMist on Nov 3, 2017 9:55:17 GMT -5
VXX out of that descending channel and that's why popped a little
Now question of just consolidating - bear flag and widening down channel
contango at 11% definitely our friend and should drop VXX at some point
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Post by theMist on Nov 3, 2017 10:00:02 GMT -5
Held off, I'm hoping for higher (tvix) prices thought you had to go to work?! lol can't get away from the crack scams, can ya?
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Post by clinton on Nov 3, 2017 10:06:37 GMT -5
Michael Swanson What Happens Now After Most of the News for the Fed and the Stock Market is Out? Well gold investors and stock market bulls alike both got what they wanted this week and that is a Jerome Powell Federal Reserve pick. That might not be best for the real economy in the long-run, but it is best for these two markets as he is a Janet Yellen clone. I talked about Powell and what he means for the markets on the Howestreet radio show before he was announced: wallstreetwindow.com/node/13833Today Amazon.com is running a big kindle price discount special on my two main books. The first is Strategic Stock Trading, which details my favorite Two Fold Formula setup that combines both technical analysis and fundamentals for picking individual stocks: amzn.to/1YAYGBWThe second is my book The War State, which is about the rise of the American empire after World War II and the power elite that have huge influence over our country in Washington DC through lobbying and industry and the Federal Reserve. Endless money printing is needed for endless wars. To grab this book go here: amzn.to/1JoaagSYou can see this fact today with the Republican tax plan. There is ZERO plan by Republicans to cut spending or the deficit and Trump never even asked for it. I'd like to see my taxes cut, but in the long run we need government spending cut too and there is no sign that is going to happen. Without that and with the pick of Jerome Powell NOTHING is changing except we are getting different rhetoric out of the White House then we got from past Presidents. And that does indeed make for a different kind of show that some people really like and some people get really provoked by. When Trump bashes football players and they protest it creates headlines, but in the end does it change your life at all or anything? I have no idea if this Republican tax bill is going to end up passing or not and from what is out there now I cannot even tell if I'll personally see my tax cuts or actually raised! It looks like I hit into an exact income spot were I'll be screwed by losing my deductions and gaining nothing. You'll have to look into it yourself to see how the bill will impact your own personal situation. Do not rely on a blowhard talking head or radio personality to tell you what to think. Here is an article in the Wall Street Journal today about it: WSJ Over Article on Tax Plan (Subscription Required) The odds on Predict it have the odds of passage before the end of this year at less than 15%. Maybe the bill is just a starting point and something better will be passed next year. But in the end what I think this means is that all of the big news for the stock market for this year is really out by now. We got Jerome Powell and we got the House tax bill revealed. We also have seen the bulk of corporate earning announcements with Apple hitting the news wires this week and soon it will be Thanksgiving. So I really don't see any big market moving news happening over the next few weeks. That means I don't think we can expect the stock market to make any big swings here either way and I don't think any news out of Washington or the battles between Trump and the media or Meuller are going to have any impact at all on the stock market. Robots are now doing the bulk of daily volume and they work together by doing their buys and sells so fast that they actually contribute to keeping the daily price volatility low. And they also buy when the market does dip to technical support levels so they can keep things afloat too. One day that will all change. But that day ain't today or next week. The fact though that the stock market has not pulled back in so long has generated an extreme reading in this week's Investors Intelligence survey of bullish sentiment not seen since 1987 with the bulls now hitting 63.5%.
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Post by theMist on Nov 3, 2017 10:10:35 GMT -5
VXX 15 min chart Indicators curling up - might get higher prices Walnut and amazing that TVIX is even up 12 cents on flat day like today with contango at 11% still have to wait for drop
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Post by walnut on Nov 3, 2017 10:11:24 GMT -5
Held off, I'm hoping for higher (tvix) prices thought you had to go to work?! lol can't get away from the crack scams, can ya? xiv order in at 111.50!
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Post by walnut on Nov 3, 2017 10:12:23 GMT -5
VXX 15 min chart Indicators curling up - might get higher prices Walnut and amazing that TVIX is even up 12 cents on flat day like today with contango at 11% still have to wait for drop This pop does not seem real strong but could change any moment
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Post by walnut on Nov 3, 2017 10:12:42 GMT -5
I see the bear flag too don't care for that
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Post by walnut on Nov 3, 2017 10:15:13 GMT -5
Actually es and vxx are bear flagging
vxx indicators just turned bullish this candle but you knew that 30 minutes ago
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