Trades w 2 Cats wrote:As I think I understand it (and you know I will have it figured out when it no longer makes any difference) lots of call buying with small volatility (Vix) means more liquidity in the market as the dealers are buying in a concentrated area (remember their required 10 percent hedge) so we should be reading about options gamma pining. Of course opposite when it is puts as they must short the underlying. Either way low volatility means they cannot shift risk to the VIX derivatives.
Something else I don't fully understand (ask my wife what I don't know ) is the big move up in Tesla for earnings release. Since it is such a big part of the index it has to have an effect and who knows what arbitrage games the smart boys are playing with this.
thanks boss. ps: tsla will test a triple top any moment now… and we all know what triple tops mean… plus tsla doesn’t report until April 26
EARNINGS DUE:
April 14: GS, JPM, WFC,
April 15: BAC, BLK, SCHW, C, TSM, USB, UNH
April 16: MS
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Pasta Boss, thanks for correcting the wrong info I picked up on Tesla.
Primary idea is it is moving up. Media reports are that it will not be a good earnings report. Stock doe not care.
My bottom line is that electric is a "trigger" word. The way being on line was for companies several years ago. Second issue is Tesla bulls see it as a lifestyle company selling an energy independent future. Bears see it as a car company. Others see it as a company deigned to harvest government subsidies and tax credits. I am sure the truth is in there somewhere.
Trades w 2 Cats wrote:Pasta Boss, thanks for correcting the wrong info I picked up on Tesla.
Primary idea is it is moving up. Media reports are that it will not be a good earnings report. Stock doe not care.
My bottom line is that electric is a "trigger" word. The way being on line was for companies several years ago. Second issue is Tesla bulls see it as a lifestyle company selling an energy independent future. Bears see it as a car company. Others see it as a company deigned to harvest government subsidies and tax credits. I am sure the truth is in there somewhere.
Boss I wasn't correcting you.
I use this page for earnings report dates, and sometimes they are wrong, so I was more like double checking. I always double check you as you are most often spot on http://hosting.briefing.com/cschwab/Cal ... 5Weeks.htm
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
FWIW, daily
SVXY (bull spy) is the first- and second-month VIX futures positions = weighted average of 1 month.
Pretty simplistic but it works as long as the SVXY bulls are correct (not shown here is last September when the SVXY folks were radically wrong ….. they kept longing as SPX kept declining).
Full Disclosure: I don’t trade SVXY nor VXX but here they are with a grain of salt
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
So far the find excuse to counter trend is doing well, this Monday is different, the price action is bearish atm. but to get 2x top to confirm bears need a lot more work. see 5 min bottom chart.
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Grey zones are updated every morning and are a part of the Convergent Trading package. Most major futures and three or so trading packages. The channels are all me. Have a new tool for Ninja Trader that makes it easier as the center line is automatic.
Looks like another surge up before the close. Usually it's because a bear fund is caught and forced to cover regardless the price.
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I will note that the twitter guy you recommended(@jam_croissant) listed 4109 as a *** 3 star support level. It hit 4109.25 and took off from there. I didn't see 4109 as support....any idea where he got that number from? I don't see it on any timeframe.