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Re: 03/06/2020 Live Update
Posted: Fri Mar 06, 2020 11:03 am
by JFR
My swing trade biases for these ETFs. DBC short but at a bottom. GLD long but at a top. IYR short. SPY short. TLT long. USO short. UUP short. Just in my opinion. Taking a break. Back later ...
Re: 03/06/2020 Live Update
Posted: Fri Mar 06, 2020 11:04 am
by Heck
JPMorgan says CEO Jamie Dimon is recuperating after emergency heart surgery
JPM Target + 61 %
From 105.02 to 169.4
+ 3.3 % Dividend
198 % Debt/Equity
Re: 03/06/2020 Live Update
Posted: Fri Mar 06, 2020 11:06 am
by Cobra
It's morning hourly hollow red
Re: 03/06/2020 Live Update
Posted: Fri Mar 06, 2020 11:08 am
by BullTart
Nice trade
TVIX Double leverage daily compounding reset
From the Prospectus:
'designed to achieve their stated investment objectives on a daily basis, but their performance over longer periods of time can differ significantly from their stated daily objectives. The ETNs are riskier than securities that have intermediate or long-term investment objectives, and may not be suitable for investors who plan to hold them for longer than one day.'
Thanks! Yes, decay on levered ETFs can kill... but when we have these huge swings, holding overnight for a day can make the decay a rounding number. For example, at the triangle back-test fail yesterday at 11:30am-ish, tvix was around 124-125 when I loaded up.
It opened at 200 today, overnight.
Re: 03/06/2020 Live Update
Posted: Fri Mar 06, 2020 11:08 am
by BullBear52x
good 20+ handles range to be had.
Re: 03/06/2020 Live Update
Posted: Fri Mar 06, 2020 11:09 am
by Al_Dente
“What A Persistently Elevated VIX Means For The Market”
http://www.athrasher.com/what-a-persist ... the-market
Re: 03/06/2020 Live Update
Posted: Fri Mar 06, 2020 11:12 am
by BullTart
trading in a downward channel now... may load up even more tvix if we hit the top of the channel and don't break through
Re: 03/06/2020 Live Update
Posted: Fri Mar 06, 2020 11:15 am
by QED
Heck wrote:JPMorgan says CEO Jamie Dimon is recuperating after emergency heart surgery
JPMorgan CEO Jamie Dimon has a heart?
Is it his?
.
Re: 03/06/2020 Live Update
Posted: Fri Mar 06, 2020 11:19 am
by Cobra
Bias is up, may test the EMA20 above.
Re: 03/06/2020 Live Update
Posted: Fri Mar 06, 2020 11:27 am
by Heck
BullTart wrote:Nice trade
TVIX Double leverage daily compounding reset
From the Prospectus:
'designed to achieve their stated investment objectives on a daily basis, but their performance over longer periods of time can differ significantly from their stated daily objectives. The ETNs are riskier than securities that have intermediate or long-term investment objectives, and may not be suitable for investors who plan to hold them for longer than one day.'
Thanks! Yes, decay on levered ETFs can kill... but when we have these huge swings, holding overnight for a day can make the decay a rounding number. For example, at the triangle back-test fail yesterday at 11:30am-ish, tvix was around 124-125 when I loaded up.
It opened at 200 today, overnight.
Good point
Re: 03/06/2020 Live Update
Posted: Fri Mar 06, 2020 11:28 am
by te_fern
BullTart wrote:Nice trade
It opened at 200 today, overnight.
Nice trade, thanks for posting your play by play! I'm learning something new everyday!
Re: 03/06/2020 Live Update
Posted: Fri Mar 06, 2020 11:30 am
by BullBear52x
morning bulls can not lose today. Boooya!
Re: 03/06/2020 Live Update
Posted: Fri Mar 06, 2020 11:32 am
by BullBear52x
Honey hole is well and live even in this environment. Greed is good world.
Re: 03/06/2020 Live Update
Posted: Fri Mar 06, 2020 11:32 am
by Heck
Someone placing large bet on Trannies
ALK
46.83
Alaska Air Group Inc
+3.37(+7.75%)
UAL
55.159
United Airlines Holdings Inc
+3.57(+6.92%)
COG
15.78
Cabot Oil & Gas Corp
+0.86(+5.76%)
RCL
69.46
Royal Caribbean Cruises Ltd
+3.68(+5.59%)
NCLH
30.14
Norwegian Cruise Line Holdings Ltd
+1.55(+5.42%)
Not us
Re: 03/06/2020 Live Update
Posted: Fri Mar 06, 2020 11:32 am
by Cobra
Probably the bear's last chance for today here. Key time. Strong breakout then it could be an uptrend day.
Re: 03/06/2020 Live Update
Posted: Fri Mar 06, 2020 11:33 am
by Heck
BullBear52x wrote:Honey hole is well and live even in this environment. Greed is good world.
Nice trade
Re: 03/06/2020 Live Update
Posted: Fri Mar 06, 2020 11:37 am
by BullTart
at the top of the channel, got some more tvix here, with a tight stop in the event of a continued breakout to the upside
Re: 03/06/2020 Live Update
Posted: Fri Mar 06, 2020 11:38 am
by BullBear52x
2995 is possible but that will be a big resistance at that level.
Re: 03/06/2020 Live Update
Posted: Fri Mar 06, 2020 11:44 am
by BullTart
Got stopped out - will be better entry points
Re: 03/06/2020 Live Update
Posted: Fri Mar 06, 2020 11:49 am
by BullBear52x
I am always remind myself, where was I (position wise) during the past RSI(14) were under 30?