11/12/2019 Live Update

[te_fern]

A target....

boss: none of my business but please raise your stop

Thank you sir! Actually took profits since it appeared to be turning on me!

[te_fern]

A target....

boss: none of my business but please raise your stop

And any suggestions by any of you guys is quite welcome by me. I'm trying to learn from you guys!! Made some McDonalds money!

[te_fern]

Interesting that the low on that drop was about where my stop loss was. As Cobra says, it's hard to make money being short!!

[Al_Dente]

point of note:
the dow was up 38 points when he started his bla bla

[Al_Dente]

my stop was the same boss, or pretty near

[Trades with cats]

Think I found a new channel.

[te_fern]

I like TWC new channel. Has to break the up trend line from yesterday to go lower......

[te_fern]

I was on the right track with my original target....

[te_fern]

Once he stops talking we may have a buying opportunity....

[Al_Dente]

“I have a very good relationship with our farmers”

A recent report from the American Farm Bureau Federation says the number of farms filing for bankruptcy is up 24% from the previous year. It's the steepest rise the farming industry has seen in years, and the total farm debt for 2019 is expected to hit $416 billion, a record high.

“Net farm income six years ago was around $132 billion - kind of a macro number. If you take away the government payments that have been big help for that, it's down around $69 billion. So we've lost nearly half net farm income… Couple years ago, China was one of our leading agricultural markets that bought over $20 billion, $21 billion of agriculture commodities and products a year. This year, they're going to be around 7.5 billion to 7.8 billion, so that is a tremendous drop... " [Dale Moore, VP of the American Farm Bureau Federation]

[te_fern]

See if I give back my profits from earlier trade....

[Heck]

$VIX Target - 38 %
From 12.88 to 8

[Trades with cats]

Looks like a solid bounce failing as a double top. Could flat line from here or retrace the entire squeeze that started before the cash open.

[Trades with cats]

$VIX Target - 38 %
From 12.88 to 8

I am uninformed on VIX. How low can it go? What about all the weekend blah blah about record levels of VIX shorts?

[te_fern]

Took my cup of coffee profit and will call it a day!

[BullBear52x]

Top is clear, a trade lower under 3091 will be nice for bears.

[BullBear52x]

Failed move up, looking at open gap.

[BullBear52x]

Honey hole is still kicking and pays.

[BullBear52x]

I have a good day knowing the snakeville didn't fall for the greater fools.

[Trades with cats]

Bouncing on trend, looking at low volume node on the composite.Pretty clear the squeeze is over and the speech did not give them a second leg up.