TUESDAY 11/14

[huh]

10 things you need to know before the opening bell

A bunch of Chinese data misses. Industrial output, retail sales, and fixed-asset investment all missed to the downside in October, according to data released Tuesday by China's National Bureau of Statistics.

UK inflation holds at a 5-year high. The UK's Consumer Prices Index held at 3% in October, according to the Office for National Statistics.

Cryptocurrency volumes hit a record high over the weekend. The 24-hour trading volumes for cryptocurrencies reached a record high above $26 billion on Sunday, according to the data site CoinMarketCap.com.

Buffalo Wild Wings receives a takeover offer. Shares of the buffalo-wing chain soared 28% in after-hours trading on Monday after the private-equity firm Roark Capital Group made a $2.3 billion offer for the company.

Amazon agrees to sell its cloud business in China. Beijing Sinnet Technology will pay up to 2 billion yuan, or $301 million, for Amazon's Chinese web services business, Reuters says.

Walmart strikes another deal to target wealthier shoppers. Lord & Taylor and its many designer fashion brands will be listed on Walmart's website as the big-box retailer continues to work toward its goal of becoming a "premium fashion destination."

Roku's founder becomes a billionaire. Shares of Roku have more than doubled since the company's first earnings report on November 8, making founder Anthony Wood a recent member of the three-comma club.

Stock markets around the world are mixed. Australia's ASX (-1.05%) led the losses overnight, while Britain's FTSE (+0.18%) paces the gains in Europe. The S&P 500 is set to open down 0.14% near 2,581.

Earnings reports keep coming. Dick's Sporting Goods, Home Depot, and TJX report ahead of the opening bell, while Home Capital Group releases its quarterly results after markets close.

US economic data is light. The Producer Price Index will be released at 8:30 a.m. ET. The US 10-year yield is down 1 basis point at 2.40%.

www.businessinsider.com/stock-market-news-opening-bell-november-14-2017-2017-11

[huh]

10 things in tech you need to know today

1. WikiLeaks sent multiple messages to Donald Trump Jr. before and after the 2016 election — at one point asking if founder Julian Assange could be Australian ambassador to the US. WikiLeaks often encouraged Trump Jr. to share links, and even leak his father's tax returns.

2. British authorities are reportedly worried that Russia might be using Kaspersky software to spy on Barclays bank customers. An anonymous Whitehall source made the claims, but Kaspersky, Barclays, and the UK's intelligence agency have denied aspects of the report.

3. Google is deleting videos posted by extremists as part of an ongoing crackdown on terrorist content. The company has removed videos by radical cleric Anwar al-Awlaki, after governmental pressure to do more to tackle extremism online.

4. Tesla has been hit with another lawsuit claiming its factory is a "hotbed" of racist behavior. It's the third lawsuit filed by a black worker claiming racial slurs at Tesla's workplace.

5. Apple will stick to a three-tier iPhone model next year, releasing multiple devices including a 6.5-inch iPhone X. That's according to analyst Ming-Chi Kuo, who frequently makes the right call on Apple.

6. A venture capitalist and board member at Space X and Tesla, Steve Jurvetson, has resigned from the investor DFJ after sexual harassment allegations. Jurvetson denies the accusations and said he plans to take legal action.

7. Uber rival Lyft is finally expanding beyond the US — to Canada. The company's first city outside the US will be Toronto.

8. Bill Gates is turning his philanthropic efforts to Alzheimer's. The Microsoft cofounder has pledged $100 million from his personal funds to invest in startups and a fund which fight dementia.

9. Apple is making slow progress on hiring more diverse workers. Less than a third of the firm's leadership is female, while 66% of its leaders are white.

10. Amazon is mulling a free, ad-supported version of Prime Video, its Netflix-style streaming service which offers TV like "The Man in the High Castle." The company is talking to networks about providing content to the channel, according to Ad Age.

www.businessinsider.com/10-things-in-tech-you-need-to-know-today-november-14-2017-11

[theMist]

TVIX 9 bucks in premarket

Should be another good short scalp today

[ipath]

Nov 14, 2017 7:51:19 GMT -5 theMist said:

TVIX 9 bucks in premarket

Should be another good short scalp today

Have you shorted any yet?

[theMist]

18k short TVIX

this is the 3rd mini spike - would like to see lower high put in on cash charts (VXX stay below 35.44)

If it does and then drops back RED, usually that's it for the spike -- and SCAMs finally drop down to new all time lows in short term...we'll see

So far almost the same identical move as yesterday

everyone is on hold waiting for tax reform news -- including LV

[theMist]

VXX Daily Chart

VXX still above 10,20dsma and can still be dangerous -- needs to get back below those moving averages

Whenever VXX has flashed signs of major spike in the past, it usually gapped down and then headed to new all time lows lol
We'll see if can pull it off once again

Hard to call with latest action and with Washington dictating the next move

[walnut]

TVIX is getting way above even that alarming rising support.

[walnut]

You were thinking what I was just thinking Mist

[walnut]

I can't help but think that this could be a trap, looking so similar to yesterday

I know, I'm alarmed by everything lol

[theMist]

They're dumping at the open unlike yesterday

Have to be careful today

[theMist]

Nov 14, 2017 9:37:03 GMT -5 walnut said:

I can't help but think that this could be a trap, looking so similar to yesterday

hope so 

SCAMs are not up a whole lot with this selloff

S&P Futures bouncing off rising support as I type

[ipath]

What do you guys have for support on snp500, I am looking to sell the SPY put options i bought on Friday, they are not making a fortune but up about 20% now. If market goes green they will start losing money

[theMist]

S&P Futures

so far bouncing hard off rising support

[theMist]

Watching VXX 15 min -- almost identical first candle as yesterday

S&P -- 4th gap down day in a row for markets

[walnut]

Scams are not going to like market down like this for long, could begin to rise if SnP does not improve soon.

[ipath]

One from my recent trip

[walnut]

cool, that is you?

[ipath]

Nov 14, 2017 9:52:53 GMT -5 walnut said:

cool, that is you?

Yep, all the way

[theMist]

have to be careful still -- 2nd vxx candle not great

S&P rising support just broke

Don't want to see VXX really above 35.91 (Thursdays HOD) now and certainly not close above it

not good...need a LV bounce

Thursday's LOD for S&P 2566.33

[ipath]

one with wife in Santa Cruz.. loved the West Coast