Go siri!!! Go!!! Money in Da
BANK BABY!
I Do
I Don't
Go siri!!! Go!!! Money in Da
BANK BABY!
I WIN. GAME OVER. CHECK MATE. I CONTROL YOUR EVERY MOVE. WATCH WHAT HAPPENS NEXT
I WIN. GAME OVER. CHECK MATE. I CONTROL YOUR EVERY MOVE. WATCH WHAT HAPPENS NEXT
Glad I went short the indices yesterday. Yeeehaw! Should I take my profit and run or hold.
@Waldo... what's your take on the overall MACRO?
I WIN. GAME OVER. CHECK MATE. I CONTROL YOUR EVERY MOVE. WATCH WHAT HAPPENS NEXT
@Sly... I had my perfect shot for the Turkey's. I was taking my daughter to school one morning and I brought my camera along. We are coming up on the hill and there they all were. I grab my camera to shoot and the damn SD card was sill in my iMac. I was devistated. My daughter was laughing so hard. It was a classic mistake.
I WIN. GAME OVER. CHECK MATE. I CONTROL YOUR EVERY MOVE. WATCH WHAT HAPPENS NEXT
it's a great day for SIRI, can we stop with this nonsense
Oh I am sure you will be paying for a coach ticket a few times.
I WIN. GAME OVER. CHECK MATE. I CONTROL YOUR EVERY MOVE. WATCH WHAT HAPPENS NEXT
Nothing has really changed. Continued hard volatility (north and south), just like we have seen. Not so much intra-day, more of a swing trade(s) opportunity. Still short term from a tax basis.
1) US remains a 'bright' spot. Tech and Aerospace great, but all is not perfect. SnP earnings still need to come down more, especially for energy. We may see some more BK's if oil stays down. Plus we have a big wave of refinancing coming in that sector, which is why watching high yield debt is important. Also, we are nearing the end of the credit cycle. Need to watch subprime home and auto and the read through to the banks. Late payments are increasing, more so in subprime autos.
2) If China is growing @ '6.9%' they would not be throwing the kitchen sink at it.
3) BOJ won't make a move on additional QE Friday. Not until December FED rate hike is officially off the table. Plus the juice from PBOC and ECB have not fully worn off yet. Best guess, next month at some point.
4) Brazil and the rest of the EM and commodity currencies will have another leg down as the FED rate raise chatter picks back up. No rate hike from the FED had eased some of the pressure, but PBOC, ECB and [soon] BOJ are still adding punch to the punch bowl which [eventually] this will show up in the dollar. See #5
5) FED can't/won't raise rates while the rest of the CB's are running QE type operations. Actually them standing pat while everyone else is printing has a tightening effect via the dollar. I don't see a window to raise rates until mid to late in 2016. The party will continue until we all realize the reason why rates can't be raised. Just because they can't raise does not mean rate raise chatter won't be in the news.
6) The US has given the middle east to Russia. Oil is both a demand issue and a supply issue, it will remain low for an extended period of time, exuding an event of proxy war turning to hot war OR the Saudis blinking.
Edit: added #7
7) Debt ceiling, it will get kicked yet again.
Hot war changes everything.
Last edited by waldo29; 10-26-2015 at 12:44 PM.