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08/12/2020 Live Update

Heck
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Re: 08/12/2020 Live Update

Post by Heck »

SPY SELLING < 338.28 edit
Last edited by Heck on Wed Aug 12, 2020 3:23 pm, edited 4 times in total.
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Al_Dente
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Re: 08/12/2020 Live Update

Post by Al_Dente »

"something's f**king broken"
note DGAZF
compare it to UGAZF
zh: "Credit Suisse may need to consider shuttering the (DGAZF), after pricing broke down and the exchange-traded note closed with a 645% premium to net asset value yesterday, and it traded as much as 3,900% above NAV because market makers lack the ability to create new shares to meet demand."

[A cautionary tale for triple leveraged ETFs and ETNs]
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Heck
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Re: 08/12/2020 Live Update

Post by Heck »

TSLA Target - 30 %
From 1507.07 to 1061

144 % Debt/Equity
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Cobra
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Re: 08/12/2020 Live Update

Post by Cobra »

Now breakout is more likely.
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Heck
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Re: 08/12/2020 Live Update

Post by Heck »

90 YO Soros bashes Trump as Transitory
No longer trades market bubble
No more fallibility and reflexivity
Last edited by Heck on Wed Aug 12, 2020 5:29 pm, edited 1 time in total.
Heck
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Re: 08/12/2020 Live Update

Post by Heck »

ccash04 wrote:IWM near LOD, investment bonds not buying this at all also at LOD, seems today is just FAANGM names holding market up.
IWM Leading the Way
Heck
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Re: 08/12/2020 Live Update

Post by Heck »

Last edited by Heck on Wed Aug 12, 2020 5:12 pm, edited 2 times in total.
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Cobra
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Re: 08/12/2020 Live Update

Post by Cobra »


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BullBear52x
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Re: 08/12/2020 Live Update

Post by BullBear52x »

soon enough there will be news
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BullBear52x
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Re: 08/12/2020 Live Update

Post by BullBear52x »

5 gap up on every prior weakness on MACD. Bulls climbing the wall of worry.
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BullBear52x
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Re: 08/12/2020 Live Update

Post by BullBear52x »

If you are looking at market profile, the value area still under 55ish so far, trade the value, so I short again here with target at 55, keep at it for 3-5 handles scalp until it gets there then It will become a position trade once again, will be back Friday to collect before the weekend. what a plan. :D
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BullBear52x
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Re: 08/12/2020 Live Update

Post by BullBear52x »

Is it good bull bar breakout yet? for evil crew watch for a failed breakout. FOMO is all over the places right now.
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Cobra
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Re: 08/12/2020 Live Update

Post by Cobra »

This kind of pullback shouldn't be seen in an uptrend day so guess we're back into a range, now seeking the range low.
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Al_Dente
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Re: 08/12/2020 Live Update

Post by Al_Dente »

WARNING: POLITICS
Wall Street generally considers Harris a moderate.
Bespoke Investment Group’s researchers wrote in a Wednesday note that “while the selection [of Harris] isn’t likely to provide much of a boost for Biden, at this point it likely won’t hurt him either,” and that could be read as not likely to hurt the market either.
JPMorgan strategists have said that a Biden win in November would be “neutral to slight positive” for equities. 
https://www.marketwatch.com/story/kamal ... 2020-08-12
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marcueus3
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Re: 08/12/2020 Live Update

Post by marcueus3 »

BullBear52x wrote:Is it good bull bar breakout yet? for evil crew watch for a failed breakout. FOMO is all over the places right now.
we need new HH on futures for that :)
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Al_Dente
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Re: 08/12/2020 Live Update

Post by Al_Dente »

the fangs+ just made an HOD, so SPX shorts should cover soon
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BullBear52x
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Re: 08/12/2020 Live Update

Post by BullBear52x »

Stops are in......Emotions are out!!!!!
Look at $VOLD on TOS, it's Negative soldier. see you guys Friday, the biggest red day is coming. Peace!
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1980_GeorgeK
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Re: 08/12/2020 Live Update

Post by 1980_GeorgeK »

Now onboard south bound....going back
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Al_Dente
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Re: 08/12/2020 Live Update

Post by Al_Dente »

More farmers declare bankruptcy
Federal payments cover only 36% of farm income
[WSJ]
812DBA.PNG.jpg
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Al_Dente
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Re: 08/12/2020 Live Update

Post by Al_Dente »

fangs+ another HOD
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