01/27/2017 Live Update

[uempel]

Support ...

[fehro]

SPX red, VIX / VXX red.. lags.. …… TLT nears open gap green

[Al_Dente]

Mexico is pizzzzzed
Other …”messages call for specific boycotts of U.S. companies in Mexico, including McDonalds, Walmart and Coca-Cola. One of the most heavily trending hashtags is #AdiosStarbucks”…… A shift manager at a Starbucks in the middle-class Roma neighborhood of Mexico City said Thursday he had already seen a slump of about 10 percent in customers at that particular outlet. “It’s bad because this is a franchise and it affects the jobs of Mexican workers…”

“If a trade war is brewing, it will not be fought on a level playing ground. Mexico has an economy that is only the tenth of the size of its northern neighbor and U.S. import tariffs and the deportation of millions of migrants could push it into recession. But however daunting the Trump White House is, Mexico looks like it won’t go down without a fight.”
http://time.com/4651464/mexico-donald-t ... -protests/

[uempel]

To get my mind of what is happening politically I try to relax - but Annie Leibovitz' photos make me dizzy too. These gals are all so beautiful ...

http://www.vanityfair.com/hollywood/201 ... ie-portman

[kongen]

Mexico and Trump. This is just one of many disasters that will attend the election of a psycopath as President. It will impact the stock market at some point - but when?

[Al_Dente]

To get my mind of what is happening politically I try to relax - but Annie Leibovitz' photos make me dizzy too. These gals are all so beautiful ...
http://www.vanityfair.com/hollywood/201 ... ie-portman

thanks boss
who is your favorite?

[BullBear52x]

Bulls will not give up, I am out and wait for new setup.

[Trades with cats]

Yeah for OPEC. Hedge Funds have taken on a record level of bull calendar spreads. So summer prices in the 60's will make them money. But if it unravels yet another source of selling pressure. And why a calendar spread? Why to reduce the upfront cash so you can hold more contracts. Two of Kemp's easy to read charts.
http://www.reuters.com/article/oil-opti ... NL5N1FH4MI

[Cobra]

no real bear so any strong rebound from here would mean the low was in. let's see.

[BullBear52x]

reversal intraday buy plan, until then......

[Trades with cats]

London and Frankfurt are stepping away from their screens. Sometimes market direction changes within 45 minutes, sometimes in a New York minute, sometimes not at all, but it is worth watching.

[fehro]

Mexico and Trump. This is just one of many disasters that will attend the election of a psycopath as President. It will impact the stock market at some point - but when?

not so sure… bond sell off continues, TLT on the edge of a cliff

with Euro's demise… Elections March, May, Sept,

http://www.express.co.uk/news/world/737 ... g-populism

look for SPX 2500- 2700 or higher.. this year?.. Money from bonds and Euro need to go somewhere.. US Equites and USdollar.. cleanest dirtiest shirt… look to GBP and Russia.. next

[Trades with cats]

Martin Armstrong's computer model has been calling for the end of the EU in this general time frame for several years. He calls it the end of socialism. Of course the rest of the forecast is hot money flooding the US market to ride out the storm, then going home after a sky high dollar destroys to US economy or 1929 all over again.

I give Martin Armstrong credit for showing slow thinking me that people and emotions do not change, it is ever the same only technology changes. Thus his long term cycles do make some sense.

[TraderJoe]

TOP 2350+/- then down???

[fehro]

VIX nears July 2014 lows 10.28 next low 9.70 Feb 2007 then Dec 2006 8.60 low ATL fwiw.

[Cobra]

members only update at 12:05 pm
http://www.cobrasmarketview.com/2017/01 ... ay-update/

[Mr. BachNut]

Mexico is pizzzzzed
Other …”messages call for specific boycotts of U.S. companies in Mexico, including McDonalds, Walmart and Coca-Cola. One of the most heavily trending hashtags is #AdiosStarbucks”…… A shift manager at a Starbucks in the middle-class Roma neighborhood of Mexico City said Thursday he had already seen a slump of about 10 percent in customers at that particular outlet. “It’s bad because this is a franchise and it affects the jobs of Mexican workers…”

“If a trade war is brewing, it will not be fought on a level playing ground. Mexico has an economy that is only the tenth of the size of its northern neighbor and U.S. import tariffs and the deportation of millions of migrants could push it into recession. But however daunting the Trump White House is, Mexico looks like it won’t go down without a fight.”
http://time.com/4651464/mexico-donald-t ... -protests/

Oddly enough, in what is looking like my most productive trade this week, I am long peso against the dollar.
I don't know if it will pay, but it is looking good at the moment. Go figure.

If there is a nice thing about knowing you are completely clueless, which I am, it is that you can enter a trade that is completely opposite your view of what should be happening. It is how I ended up going BachNutty...

[JFR]

JNJ up $1.32. WMT down $1.33.

[JFR]

A day on the range. Trading range, that is. Beware the tails.

[BullBear52x]

Clockworks, first counter trend buy.