Should have looked at the clock. Unconfirmed sell was just market reacting to bad oil report. Worst part of report was API and DOE are back in sync. If you want to see in 10 seconds why I keep saying OPEC has some tough slogging ahead look at the US oil inventory compared to five year range and the US oil production charts with the lagged rig count superimposed. I predict major pain ahead for Saudi, no matter what. http://www.zerohedge.com/news/2017-01-2 ... ction-rise
Junior Buffett wrote:I am waiting for the day when people will start panicking coz of their president's numerous executive orders....
see during great recession executive orders, Trump got a lot to to go yet.
Yes but panic will be for the impact his executive orders can make...i.e. cancel trade deals, built wall, remove 75% regulations, freeze Fed hiring, impose 35% import tax etc.
Trump has orders can have significant impact on Global trade and businesses, mountain of losses to big companies who are heavily invested outside USA, significant inflation risk...it will sink in slowly but surely...all the economy pundits are working on their reports after Trump orders...they are buzy..lol
Junior Buffett wrote:I am waiting for the day when people will start panicking coz of their president's numerous executive orders....
see during great recession executive orders, Trump got a lot to to go yet.
Yes but panic will be for the impact his executive orders can make...i.e. cancel trade deals, built wall, remove 75% regulations, freeze Fed hiring, impose 35% import tax etc.
Trump has orders can have significant impact on Global trade and businesses, mountain of losses to big companies who are heavily invested outside USA, significant inflation risk...it will sink in slowly but surely...all the economy pundits are working on their reports after Trump orders...they are buzy..lol
Trader's fact:
Democrat president most sellers are leaning right group of people.
Republican president most sellers are leaning left group of people.
Charts discount all news and bias.
My comments are for entertainment/educational purpose only. NOT a trade advice.
BullBear52x wrote:
Trader's fact:
Democrat president most sellers are leaning right group of people.
Republican president most sellers are leaning left group of people.
Charts discount all news and bias.
Which group has more holdings to sell, or more money to buy?
Junior Buffett wrote:I am waiting for the day when people will start panicking coz of their president's numerous executive orders....
see during great recession executive orders, Trump got a lot to to go yet.
Yes but panic will be for the impact his executive orders can make...i.e. cancel trade deals, built wall, remove 75% regulations, freeze Fed hiring, impose 35% import tax etc.
Trump has orders can have significant impact on Global trade and businesses, mountain of losses to big companies who are heavily invested outside USA, significant inflation risk...it will sink in slowly but surely...all the economy pundits are working on their reports after Trump orders...they are buzy..lol
Trader's fact:
Democrat president most sellers are leaning right group of people.
Republican president most sellers are leaning left group of people.
Charts discount all news and bias.
Trust me I am with Trump from day one...I am not against his decisions. But most of elite groups, business people, media, Hollywood and other big shots dont like him so does around 50% of US citizen. I am saying elite groups are in control of market and they will create panic environment...even for Trump earlier this dooms day arrive better for him to prepare for next election time!
BullBear52x wrote:
Trader's fact:
Democrat president most sellers are leaning right group of people.
Republican president most sellers are leaning left group of people.
Charts discount all news and bias.
Which group has more holdings to sell, or more money to buy?
the centrist, the fund managers and traders who is careless who runs but trade accordingly with open mind that only price pays.
My comments are for entertainment/educational purpose only. NOT a trade advice.
BullBear52x wrote:
Trader's fact:
Democrat president most sellers are leaning right group of people.
Republican president most sellers are leaning left group of people.
Charts discount all news and bias.
Which group has more holdings to sell, or more money to buy?
imho… It's all irrelevant… with Bonds selling off (x2 the size of Equites) and Euro imploding with election change coming to Euroxit... the cleanest dirtiest shirt money will flow heavily into US Equities, and US dollar.
TLT M/W fwiw.
Junior Buffett wrote:I am waiting for the day when people will start panicking coz of their president's numerous executive orders....
l
.
Trust me I am with Trump from day one...I am not against his decisions. But most of elite groups, business people, media, Hollywood and other big shots dont like him so does around 50% of US citizen. I am saying elite groups are in control of market and they will create panic environment...even for Trump earlier this dooms day arrive better for him to prepare for next election time!
first you mentioned their president so Trump is not your guy
second you mentioned But most of elite groups, business people, media, Hollywood and other big shots
You know Trump is Anti-establishment it's hard to think they will agreed.
My comments are for entertainment/educational purpose only. NOT a trade advice.
Operating theory for today. Two weak push up so far so thinking after Euroland closes we flat then down all day because the big follow on move was without help of US cash market.
Why up moves without us? Martin Armstrong been saying for several years the US market will do a late 1920's re-run as EU falls apart and as BullBear said, we become cleanest dirty shirt in the closet.
second wave of weakness here, will see I am still on the south bound, in at 88.5 /es, if we have a turn up before 87.5 I will close out shorts. let's come to papa.
My comments are for entertainment/educational purpose only. NOT a trade advice.