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Post by huh on Jan 31, 2017 8:01:41 GMT -5
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Post by huh on Jan 31, 2017 8:02:32 GMT -5
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Post by huh on Jan 31, 2017 8:03:11 GMT -5
Frontrunning: January 31 Trump Fires Acting Attorney General, Deepening U.S. Immigration Conflict (BBG) Trump set to name U.S. high court pick as Democrats plan fight (Reuters) Bonds Slump as Stocks Gain Favor (BBG) Euro-Area Inflation Surges to 1.8%, Intensifying ECB Debate (BBG) Trump Must Choose Between Farmers and ‘Big Meat’ (BBG) As Trump shifts immigration and foreign policies, State Department is silent (Reuters) Deutsche Bank’s Bill for Russia Trades Reaches $629 Million (BBG) U.S. funds recommend cutting equity allocations in January (Reuters) DeVos Set to Take Over System Where Test Scores Have Stalled (WSJ) Pressure on Mitch McConnell to Get Nominee on Court (WSJ) Teva Plunges After U.S. Judge Invalidates Four Copaxone Patents (BBG) How Howard Schultz Earned More Than Half a Billion in Nine Years (BBG) Under Armour Tumbles After Fourth-Quarter Sales Miss Estimates (BBG) Adelson Pulls Out of Las Vegas Stadium Plan (WSJ) Netanyahu to Discuss Renewed Sanctions on Iran With Trump (BBG) Google Employees Rally in Thousands Against Trump Immigration Ban (BBG) That ECB Taper Might Just Sneak Up on Us (BBG) College Endowments Lose 1.9% in Worst Showing Since 2009 (BBG) www.zerohedge.com/news/2017-01-31/frontrunning-january-31
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Post by huh on Jan 31, 2017 8:06:24 GMT -5
S&P futures down ~9. VIX Futures ~13.28 and S&P futures in mid-2270's (S&P gap fill ~2280) would be a likely turning point for this morning's down move. Sorry, this was pretty much a less than worthless post. I've been so busy I haven't been watching at all except a quick check of charts in the morning, and it definitely shows in my calls. Stll watching VIX futures for that gap fill ~13.28 (VXX ~20.50). Also still a longer term bear. Bwahahaha - and I didn't even realize VIX futures already filled that gap. Boy, am I disconnected.
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Post by huh on Jan 31, 2017 8:21:05 GMT -5
S&P chart If so, that upside gap could go a long time before filling
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Post by theMist on Jan 31, 2017 8:27:09 GMT -5
Hilarious chart Huh
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Post by walnut on Jan 31, 2017 8:32:24 GMT -5
Mist did you sell some into those higher prices this morning
Prices may go up again but I hope not
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Post by theMist on Jan 31, 2017 8:36:51 GMT -5
Walnut - did you get a good sleep OR did you sleep with one eye open?
Obviously, if you slept with one eye open then you left too much VXX short on overnight and IMO, as you know, isn't worth leaving a short SCAM position on overnight but admittedly, I have rarely done it myself. Of course, this morning it is easily said in hindsight with SCAMs up in premarket right now BUT so what if we missed a 10-20 cent gap down in them. More than likely they will fill the gap to yesterday's lod at minimum BUT if not and I find myself kicking myself for not being short, you can always go in with a HEAVY short position to make up for it. Yesterday I was short 40k TVIX. There is NO WAY I would hold that position overnight. And I gave it a lot of thought, what amount of short TVIX would I be comfortable holding overnight - The answer was around 3k shares. And that's only because I know how markets can crash overnight regardless of how BULLISH the charts look. Also, SCAMs still have upside GAPs to fill.
just my 2 cents
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Post by theMist on Jan 31, 2017 8:37:04 GMT -5
Mist did you sell some into those higher prices this morning Prices may go up again but I hope not no trades I was hoping that futures would bounce knowing you still held VXX short overnight and thankfully they did. At 6am EST, VXX was slightly up and then went flat not to long after that. I went back to bed after seeing futures.
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Post by theMist on Jan 31, 2017 8:39:49 GMT -5
BTW -- What time did you check short scam availability? Was it around 6am EST?
Scottrade had no shares of UVXY, TVIX, VXX to short when I checked at 6am.
Worst case, I could have went long XIV, SVXY at 6am EST until TVIX, UVXY became available for shorting which is around 7am EST.
I just checked now (8:22amEST) and plenty of TVIX, VXX is available for short with Scottrade.
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Post by walnut on Jan 31, 2017 8:40:41 GMT -5
Actually I slept fine. Hope these scam come down hard today though
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Post by walnut on Jan 31, 2017 8:41:12 GMT -5
BTW -- What time did you check short scam availability? Was it around 6am EST? Scottrade had no shares of UVXY, TVIX, VXX to short when I checked at 6am. Worst case, I could have went long XIV, SVXY at 6am EST until TVIX, UVXY became available for shorting which is around 7am EST. I just checked now (8:22amEST) and plenty of TVIX, VXX is available for short with Scottrade. Sorry it was just about 40 minutes ago that I checked
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Post by theMist on Jan 31, 2017 8:50:10 GMT -5
Actually I slept fine. Hope these scam come down hard today though me too But keep in mind VXX still has that next upside GAP to fill at VXX 20.29-20.50. Just a question of when. Obviously, I was nervous yesterday that VXX was going to fill that GAP as well after filling the GAP VXX 19.35-19.45 TVIX currently trading at 5.56 and today is good day to look scalp shorting SCAMs. Futures hitting support and contango good I just shorted a little TVIX -- 10k and will add more With S&P futures down 5 and SCAMs only up slightly, if that doesn't tell you that they are the most awesome short there is then I don't know what will.
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Post by walnut on Jan 31, 2017 8:58:24 GMT -5
The are very forgiving of bad human judgement until that bad day that always comes
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Post by theMist on Jan 31, 2017 8:59:21 GMT -5
The are very forgiving of bad human judgement until that bad day that always comes And it usually starts with leaving a large short SCAM position on overnight/weekend. lol
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Post by theMist on Jan 31, 2017 9:02:08 GMT -5
Have to be careful tomorrow -- forgot FOMC meets today and announcement tomorrow. Tomorrow can be a wild day
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Post by Herceg on Jan 31, 2017 9:05:47 GMT -5
In and out of UA short..................watching for more decay which I expect and HOG on radar..............JMO and BOL...........
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Post by theMist on Jan 31, 2017 9:07:29 GMT -5
In and out of UA short..................watching for more decay which I expect and HOG on radar..............JMO and BOL........... UA reported this morning. Ouch down 24%
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Post by theMist on Jan 31, 2017 9:29:47 GMT -5
S&P futures down 7 right now and TVIX is up 10 cents and contango over 10%. Gotta luv the SCAMs. God Bless 'em lol
Now short 16K TVIX
TVIX at 5.55
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Post by theMist on Jan 31, 2017 9:35:30 GMT -5
18k tvix short now
tvix 5.56
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