Anyone scalping the FTSE Futures??

[Dentalfloss]

wham

 

[Dentalfloss]

 

[Dentalfloss]

The weakest link... As we said

 

[postman]

staying short, for now. my whole acct is on the line.

maybe here they'll take this down for this week thru friday, monday gap down...tues??

BS. this is insane. at some point the insanity has to stop doesn't it.

and, when it does stop

Why do you repeatedly put your whole account on the line? It ALWAYS ends in disaster.
Successful people (including traders) learn from there mistakes***, it appears you are incapable of learning from your own past mistakes and therefore will never be a successful trader.

***Really clever people learn from OTHER peoples mistakes!

 

[Oscar Reed]

Wake up Pip
It's going down at the moment.

 

[medallion way]

What does this spike to 27770 tell us?

It tells you the cocaine high of the players is at play, luckily it wears-off after a while and so the madness subsides

The news that brought markets up was all fumes also... "we will do this if we agree on that" is this market-moving news? Nothing agreed yet so nothing done yet... it's not news! Trump hasn't even responded yet so it's just a proposal from the Chinese... the news is that China seems to be going public beating Trump to the punch, I'm sure Trump does not like this... it steals his thunder!

 

[Dentalfloss]

 

[Dentalfloss]

 

[Dentalfloss]

 

[medallion way]

Stocks were up Thursday when reports indicated that China and the U.S. were likely to roll back tariffs, this was a Chinese initiative that was not likely to be endorsed by Trump simply on the reason that it took the thunder away from him. As expected, on Friday, President Trump said he did not agree to take tariffs off the negotiating table i.e. Trump wants to be in charge, he does not want an automatic "we do this and you do that" arrangement. No surprise to Trump's reaction, the surprise was that markets didn't tank but ended the trading day higher.

I subscribe to Patti Domm's view that a dramatic decline in earnings is expected and this will not bode well for stocks, however, for now, the sentiment is high, trade has not dented the optimism but a focus on the elections might. I remain net short in the US.

 

[medallion way]

I see symmetry in the Oct18 to Ded18 patterns with the Aug19 to Nov19 pattern. In 2018 we had Powell playing silly bugger, in 2019 we have the Democrats swinging their wrecking ball indiscriminately wrecking things. Patterns are showing similar investor's behaviour to the similar risk the 2 periods had, and, PE is 145% of GDP, bubble territory. At these highs and with an economy growing slower than in 2018, investors are more likely to take profits than to buy more. The 2018 paterns show that in Oct18 investors were selling, dump money was buying what they sold, by Dec18 the dumb money dried up and markets tanked, in my eye, the same thing is happening.

 

[Dentalfloss]

 

[luckyvictor]

To be honest, I think it is getting so difficult to trade fundamentally, we all know there is a bubble, and obviously it is true for all the policy setter, they are doing whatever to prevent it happens, so it restarts QE, having negative interest, or by any other actions. So the stock market is still attracting money from bond market or other money markets, it looks very difficult to drop (big), especially the trade deal outcome is looking more positive.

 

[Dentalfloss]

 

[Dentalfloss]

 

[postman]

Stocks were up Thursday when reports indicated that China and the U.S. were likely to roll back tariffs, this was a Chinese initiative that was not likely to be endorsed by Trump simply on the reason that it took the thunder away from him. As expected, on Friday, President Trump said he did not agree to take tariffs off the negotiating table i.e. Trump wants to be in charge, he does not want an automatic "we do this and you do that" arrangement. No surprise to Trump's reaction, the surprise was that markets didn't tank but ended the trading day higher.


I subscribe to Patti Domm's view that a dramatic decline in earnings is expected and this will not bode well for stocks, however, for now, the sentiment is high, trade has not dented the optimism but a focus on the elections might. I remain net short in the US.

Good to hear new opinions on the thread, no one can be said to be right or wrong they just trade the way they see the markets.
I for one would like to hear more of what you have to say.

 

[medallion way]

Trump played-up the mini-deal, now he's backtracking... How many times does Trump have to see the movie before he gets it? The Chinese are not the tough and grate negotiators he said they are, they are just masters in playing him and in frustration as all Asians negotiators are... Agree to everything then do nothing. With so much on Trump's plate, I fail to see why he personally gets involved with the negotiators, especially on a mini-deal with no substance even if done, likewise, I fail to see why market players keep getting suckered by Trump. Not sure markets will react to today's tweet... the deal is not much of a deal (regurgitated promises, foolish to reduce tariffs on old promises) and trade fatigue is in play.

Asia, however, is down on escalating events in HKG and China's statement that the Chief Executive in HKG must be a "patriot" i.e. aligned to China's interests, this can be taken as a warning to Carrie Lam and something that Nancy will no doubt comment on with foot in mouth entangling the US into China's internal affairs (unless she's so focused on impeaching Trump that nothing else matters).

I have buy orders on the HSI at 26,678, on the DOW at 27,066 and 3,064 on the S&P, these are for short term plays expiring end of business today, longer term positioning remains net short in the US & net long on EU markets.

 

[john jackson III]

medallion, pls more insight, thoughts, opinion. like the way you bring the macro view back home to the trade!😍

 

[john jackson III]

maybe trump wants this to fall...

there impeaching me! look what happened to the stock market!

you won't have any $$$ to buy xmas presents!

hmmm...give the 'plunge protection team' a month off with wages, he bellows.


they can always run it BACK up 2 weeks before...

 

[john jackson III]

you don't start the santa claus rally in november,,