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BULLISH: More tariffs, `NO NEED TO RUSH' IN TRADE TALKS WITH CHINA'


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#11 12SPX

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Posted 10 May 2019 - 09:56 AM

Surprising how little the VIX is moving, everyone just waiting for that positive tweet lol!!!swoon.gif



#12 diogenes227

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Posted 10 May 2019 - 10:00 AM

I see SPY is hovering at the low of the week.  If it holds, maybe a bounce finally.  if not, I suppose a crash later today is possible.

 

I wonder... Has anyone figured out yet how much market cap has been burned off as President Tweety fiddles with his Twitter?


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#13 dTraderB

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Posted 10 May 2019 - 10:12 AM

BYND, LYFT, UBER 

all recent IPOs looking really bad, is this an indication of the top?

 

 

CNN's fear & greed below 40? 



#14 dTraderB

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Posted 10 May 2019 - 10:13 AM

Markets too skittish and choppy

 

taking a break, on the sidelines as long as I can resist

 

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Are folks selling Fake Meat to buy UBER?

7:44 AM - 10 May 2019


#15 dTraderB

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Posted 10 May 2019 - 10:16 AM

read this somewhere:

bid to cover ratio in recent US debt auction was bad



#16 12SPX

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Posted 10 May 2019 - 10:36 AM

read this somewhere:

bid to cover ratio in recent US debt auction was bad

It was as China stepped out however it has completely recovered since, but that may be safety buying.



#17 CLK

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Posted 10 May 2019 - 10:57 AM

no crash but could see SPX 2780 by next Monday or Tuesday

 

A CRASH will happen when the market ignores bullish tweets. 

 

That's the critical factor now

 

 

 

The problem with the tweets is that the market is tired of getting bad tweets right after good tweets, nothing is consistent,

so sell, and when the worst case of all this is priced in, then they will feel comfortable investing again. May even try to force Powell to cut rates.



#18 12SPX

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Posted 10 May 2019 - 11:01 AM

Interesting how Europe closed up nicely, either they're happy about the trade war happening cause it may mean that they'll get more business from China or there hopeful it will all work out.  What do you guys think??



#19 qqqqtrdr

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Posted 10 May 2019 - 11:20 AM

Economy is still strong, so no crash yet....   Some sell-off is expected due to lack of short-selling but profits still high..



#20 dTraderB

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Posted 10 May 2019 - 12:01 PM

Interesting how Europe closed up nicely, either they're happy about the trade war happening cause it may mean that they'll get more business from China or there hopeful it will all work out.  What do you guys think??

 

Dangerous complacency

 

The SPX close today and on Monday are very important