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Trump is a Bull in a Wall Street China Shop


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#1 SemiBizz

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Posted 17 January 2017 - 08:46 AM

Overnight he was quoted by the WSJ as saying words to the effect that the "dollar is too high"... of course later it was re-spun to say he was only talking with reference to China and the Yuan...

 

This guy does not care about Wall Street, he made his money in Real Estate, and could care less if Wall Street gets crushed.  Traditionally it has been good for him to see the market tank, made great buying opportunities for him in R.E.

 

He's not into stocks.

 

 


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#2 SemiBizz

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Posted 17 January 2017 - 09:16 AM

Look the guy never made any money on Wall Street, they are a "competitor", meaning as a way of earning a living and being successful at it so you can brag about it like they do in NYC...  When the street tanks, they are overextended and have to sell, he sees the market tanking like an opportunity... to buy everything he buys cheaper.
 
See, the market is finding out just how unpredictable he is, and that's not good for stocks.  He feels no pain at all when he smashes sectors with his twitter account...
 
This is OPEX week, on a short 4 day cycle.  I'm long VIX calls for this.

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Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics

#3 fib_1618

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Posted 17 January 2017 - 09:20 AM

Overnight he was quoted by the WSJ as saying words to the effect that the "dollar is too high"... of course later it was re-spun to say he was only talking with reference to China and the Yuan...

 

This guy does not care about Wall Street, he made his money in Real Estate, and could care less if Wall Street gets crushed.  Traditionally it has been good for him to see the market tank, made great buying opportunities for him in R.E.

 

He's not into stocks.

 

Well...it's a good thing then that what the President says and does has very little to do with the direction of stock prices.

 

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#4 SemiBizz

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Posted 17 January 2017 - 09:23 AM

On a short term basis it does... look at the dollar today... and we've seen the results of the health care comments etc...

 

Bottom line he is a TREND TESTER, look at it that way.

 

Some of them are going to recover their weakness and do just fine...

 

But some of them are broken, and riding the Trump Bull Market froth...

 

Overall and LONGER TERM, all of it is broken - it is a bloated pig floating on $20T in government debt. 

 

Nothing was learned in 2008-2009 - they financed this pig with the same flawed system that created it...

 

Doubled down on STUPID.


Edited by SemiBizz, 17 January 2017 - 09:24 AM.

Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics

#5 SemiBizz

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Posted 17 January 2017 - 10:02 AM

They say all these new guys get tested early in their admin...

 

Maybe that's the test we're going to see here...

 

The Donald vs. Wall Street.

 

I don't think he's going to be the first one to blink...

 

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Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics

#6 SemiBizz

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Posted 17 January 2017 - 10:13 AM

The kiss of death...

 

IMF BULLISH ON TRUMP

 

laugh.gif   laugh.gif   laugh.gif


Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics

#7 Rogerdodger

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Posted 17 January 2017 - 10:21 AM

 

Trump Says "Dollar Too Strong"- Gold Breaks $1215, Silver to .

Note that until last night Trump was pro a strong dollar and gave indications he was pro the Border Adjustment Tax.


dollar%20usd%20trump%20.jpg


Edited by Rogerdodger, 17 January 2017 - 10:26 AM.


#8 redfoliage2

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Posted 17 January 2017 - 10:36 AM

Currency traders have started unwinding Thump Trade and it will be the stock traders before long...................................................


Edited by redfoliage2, 17 January 2017 - 10:44 AM.


#9 pdx5

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Posted 17 January 2017 - 01:33 PM

Better if someone makes money building something people can actually use,

instead of making money by just shuffling paper, and making a few strokes on keypad & mouse.


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#10 SemiBizz

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Posted 17 January 2017 - 01:57 PM

Better if someone makes money building something people can actually use,

instead of making money by just shuffling paper, and making a few strokes on keypad & mouse.

 

hehehe... tour china and tell me how good it is... thousands of empty buildings there, brand new.  How do those loans get serviced?  Where's the tax revenue going to come from to support it?

 

There's a limit to everything, including building.


Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics