12/02/2016 Live Update

[BullBear52x]

MInd Italian Referendum on Sunday fwiw http://www.zerohedge.com/news/2016-12-0 ... fraid-ask?

TA side of it. because positive momentum, if I have to bet, the breakout on EWI is in the making. but..Monday is a safer bet.

[Trades with cats]

This is what caught my eye.

[Al_Dente]

PEOTUS
creates panel of business leaders “President’s Strategic and Policy Forum”
who will give him strategic advice on the economy after he takes office, including two financiers with deep Democratic roots.
Blackstone CEO Stephen A. Schwarzman = chair
will begin meeting with Trump in February
http://www.bloomberg.com/politics/artic ... on-on-jobs

[fehro]

MInd Italian Referendum on Sunday fwiw http://www.zerohedge.com/news/2016-12-0 ... fraid-ask?

Call me crazy.. mind your oil and gold positions… the USDollar could move huge… as much as 2% to 4% .. sound absolutely nuts… I know.. Gold could get slammed by $60 bucks. imho.

[Trades with cats]

Finally hit the S1 pivot ES 2187. The overnight low around 2184 is reachable, but it being Friday and a less than positive week I would think the guys in the Marriner Eccles building would prefer a late afternoon ramp to end the day green.

[Trades with cats]

MInd Italian Referendum on Sunday fwiw http://www.zerohedge.com/news/2016-12-0 ... fraid-ask?

Call me crazy.. mind your oil and gold positions… the USDollar could move huge… as much as 2% to 4% .. sound absolutely nuts… I know.. Gold could get slammed by $60 bucks. imho.

I think you have to have body parts of steel to hold anything except long volatility over this weekend.

[Cobra]

a simple rule to know if bulls are serious is to see if it can exceed the mini target.

[K447]

I think you have to have body parts of steel to hold anything except long volatility over this weekend.

Does thickheadedness count?

[BullBear52x]

Clockworks.

[fehro]

MInd Italian Referendum on Sunday fwiw http://www.zerohedge.com/news/2016-12-0 ... fraid-ask?

Call me crazy.. mind your oil and gold positions… the USDollar could move huge… as much as 2% to 4% .. sound absolutely nuts… I know.. Gold could get slammed by $60 bucks. imho.

I think you have to have body parts of steel to hold anything except long volatility over this weekend.

great opportunity to put on some low risk, OTM options.. either they work.. or go to zero.. if they do work.. could see massive gains.

[Al_Dente]

NOVEMBER

YEAR-TO-DATE

[BullBear52x]

Chart for the road: Bear flag and fear, bearish bias into next week. Peace!

[Al_Dente]

HAPPY HOUR

[Cobra]

HAPPY HOUR

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[K447]

great opportunity to put on some low risk, OTM options.. either they work.. or go to zero.. if they do work.. could see massive gains.

Suggestions for others to play along?

[Al_Dente]

Add on to the NOVEMBER and YTD performance charts:
The way I see it is oil oil oil
Hence, if OIL falters [and the banks falter] SPY is faulked
IMHO

[Cobra]

members only update at 3:30 pm
http://www.cobrasmarketview.com/2016/12 ... ay-update/

[fehro]

great opportunity to put on some low risk, OTM options.. either they work.. or go to zero.. if they do work.. could see massive gains.

Suggestions for others to play along?

couple next week GLD P @ 0.15, SPY P Wed @ 0.20, Fri @ 0.18, USO P @ 0.03, 0.08, VXX C smaller pos tighter in.

[Trades with cats]

yea, its the 3:30 ramp and look at that they got to yesterday's close. As Gomer used to say, Surprise Surprise Suprise.

[Cobra]

probably the low was in, but it's too late.