DrStool Posted March 30, 2020 Report Share Posted March 30, 2020 Dicsucs. Link to comment Share on other sites More sharing options...
fxfox Posted March 30, 2020 Report Share Posted March 30, 2020 Seems like the Algo's are programmed that way, that they buy every time Trump speaks. It is irrelevant WHAT he says, only the fact THAT he speaks is important. Link to comment Share on other sites More sharing options...
SiP Posted March 30, 2020 Report Share Posted March 30, 2020 COVID stocks - Social distancing $GOOG $FB $NFLX $CGC - Remote working $ZM $MSFT $WORK - Household goods and food $AMZN $WMT $COST - Cleaning and protective equipment $CLX $APT $JNJ $MDT - Vaccines/cures/tests (HIGH RISK) $GILD $INO $MRNA $CODX $NVAX Link to comment Share on other sites More sharing options...
DrStool Posted March 30, 2020 Author Report Share Posted March 30, 2020 The Charge of the Light Brigade 1 - LIQUIDITY TRADER MARCH 30, 2020 The Fed injected around $600 billion into the markets and the banking system last week. That’s about $2,000 for every American, and it was just one weekly installment. All in the valley of Death rode the 600. We are the 600 and the Fed is leading us into the valley of Death. Meanwhile banking indicators suggest that the sickness is getting worse, not better. Subscribers, click here to download the report Not a subscriber yet? Link to comment Share on other sites More sharing options...
Jorma Posted March 30, 2020 Report Share Posted March 30, 2020 The loan growth isn't surprising since the news ticker has been full of companies maxing out their lines of credit. $50 million here, $100 million there is adding up fast. Banks may not be the lead source of credit for awhile as the Treasury with a $500bn war chest of 'loans' with more on the way as needed says Mnuchin this AM, funded by Fed printing, presumably for friends of Trump and who won't be, and the Fed's who knows how many billions or trillions of POMO and TOMO going towards corporate debt. Well that's my idea right now. The more I think about it the more the Treasury becomes a source of credit, acting as a conduit of Fed printing might be the most profound change. Link to comment Share on other sites More sharing options...
DrStool Posted March 30, 2020 Author Report Share Posted March 30, 2020 Remembering The Charge of The Light Brigade by Lee Adler • March 30, 2020 • 0 Comments Last week’s Fed intervention reminded me of The Charge of the Light Brigade. Link to comment Share on other sites More sharing options...
DrStool Posted March 30, 2020 Author Report Share Posted March 30, 2020 Good point on drawing down existing credit lines. Link to comment Share on other sites More sharing options...
Jorma Posted March 30, 2020 Report Share Posted March 30, 2020 10 minutes ago, DrStool said: Remembering The Charge of The Light Brigade by Lee Adler • March 30, 2020 • 0 Comments Last week’s Fed intervention reminded me of The Charge of the Light Brigade. Reminds me of a scene from a favorite novel, The Bamboo Bed by William Eastlake. An infantry company pinned down at a low point in the jungle by a larger force and thus doomed, has a "mad minute". Just shooting non stop for a minute, so they can live one more minute. Link to comment Share on other sites More sharing options...
Jorma Posted March 30, 2020 Report Share Posted March 30, 2020 GS says SPX 3000 by year end. Link to comment Share on other sites More sharing options...
fxfox Posted March 30, 2020 Report Share Posted March 30, 2020 6 minutes ago, Jorma said: GS says SPX 3000 by year end. Good. So we go to 1500. Link to comment Share on other sites More sharing options...
fxfox Posted March 30, 2020 Report Share Posted March 30, 2020 No chance this thing goes down today or tomorrow. Only question is if they close it per months end above the 38 fibo or not. Link to comment Share on other sites More sharing options...
DrStool Posted March 30, 2020 Author Report Share Posted March 30, 2020 3 day cycle projection 2690 Link to comment Share on other sites More sharing options...
Jimi Posted March 30, 2020 Report Share Posted March 30, 2020 Who is Hugh Hendry? Just watched him get interviewed on Bloomberg. He observed that the VIX exhibited strength during this rally, which is perverse. I was noticing that last week and wondering, “WTF”? He said he’s only observed it one other time - in Japan. Then he started describing an unlikely fanciful world where VIX “pivots” and explodes northward... and while some are long equities making 5%, in fact, the monster money is made long VOL at 5,000%. It was fascinating, not entirely clear, but it was a departure departure from the “prevailing wisdom” one otherwise hears. Link to comment Share on other sites More sharing options...
GregFokker Posted March 30, 2020 Report Share Posted March 30, 2020 This whole market has been an option seller's dream. Huge IV to sell. Link to comment Share on other sites More sharing options...
Jimi Posted March 30, 2020 Report Share Posted March 30, 2020 5 hours ago, DrStool said: Dicsucs. It bought time, and thereby a larger catastrophe. Link to comment Share on other sites More sharing options...
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