Jump to content



Photo

The SHORT VIX/VXX Trade: SPX drops then new highs


  • Please log in to reply
12 replies to this topic

#1 dTraderB

dTraderB

    Member

  • Traders-Talk User
  • 17,796 posts

Posted 10 September 2019 - 06:41 AM

Waiting patiently for this trade as SPX drops and then soars to new highs.

 

Do it with OPTIONS not the ETFs! 

 

This current ST drop should be over soon unless something stupid happens in the geopolitical sphere. 

 

Look for a ST SPX bottom this week

 

Meanwhile, the China - US trash talk war continues.....it's a phony war

 

 

Hu Xijin 胡锡进 Retweeted Bloomberg

China is very restrained on trade war and on other issues. I actually think there are many fervent racists and imperialists in the current US administration. They are undermining world peace, bringing great uncertainty to the 21st century.

Hu Xijin 胡锡进 added,

BloombergVerified account @business
The U.S. Agriculture Department’s top trade official called Chinese President Xi Jinping a “communist zealot” https://bloom.bg/2UKLD4x 
11:18 PM - 9 Sep 2019

 



#2 dTraderB

dTraderB

    Member

  • Traders-Talk User
  • 17,796 posts

Posted 10 September 2019 - 06:43 AM

One reason why the market will drop in October/November; first, the markets soar on the rate cut & start of QE4

 

((The Daily Shot))) @SoberLook
FollowFollow @SoberLook
More

Chart (@TheTerminal): Germany 2020 GDP growth consensus forecast -

EEEAX1GXsAAbT_4.png
5:24 PM - 9 Sep 2019


#3 dTraderB

dTraderB

    Member

  • Traders-Talk User
  • 17,796 posts

Posted 10 September 2019 - 06:44 AM

May go long GLD after the FED cut

 

Holger Zschaepitz @Schuldensuehner
FollowFollow @Schuldensuehner
More

Citi says #Gold to be ‚stronger for longer' and may top $2,000/oz in the next year or two, citing lower for longer nominal and real interest rates, escalating global recession risks, exacerbated by US-China trade tensions and heightened geopolitical rifts.

EEE_nEtWkAAssD6.jpg
11:18 PM - 9 Sep 2019


#4 dTraderB

dTraderB

    Member

  • Traders-Talk User
  • 17,796 posts

Posted 10 September 2019 - 06:47 AM

zerohedge @zerohedge
FollowFollow @zerohedge
More

Nomura: today the worst single-day of performance in my model Equities HF L/S portfolio since February 5th / February 8th 2018’s Leveraged VIX ETN “Extinction Event"

EECqxaWXsAENiv0.png
11:10 AM - 9 Sep 2019


#5 dTraderB

dTraderB

    Member

  • Traders-Talk User
  • 17,796 posts

Posted 10 September 2019 - 06:50 AM

Helene Meisler @hmeisler
FollowFollow @hmeisler
More

SPX (cash) HOD last three days:
2985
2985
2989

I believe they call that resistance.

2:21 PM - 9 Sep 2019


#6 dTraderB

dTraderB

    Member

  • Traders-Talk User
  • 17,796 posts

Posted 10 September 2019 - 06:53 AM

This could be a massive rally into the end of September, end of Q3  !!!

 

LiveSquawk @LiveSquawk
FollowFollow @LiveSquawk
More

BoJ Policymakers May Be More Open To Debating Additional Easing Next Week - RTRS Sources -Decision On Whether And When To Ease Will Be A Close Call -Taking Rates Further Into Negative Territory Among Options If BoJ Were To Ease, But Other Options Not Off The Table

4:07 AM - 10 Sep 2019
 
 @zerohedge
FollowFollow @zerohedge
More

China said that global funds no longer need approvals to purchase quotas to buy Chinese stocks and bonds. Dear WeWork bagholders: China awaits you with open arms

4:17 AM - 10 Sep 2019

zerohedge @zerohedge
FollowFollow @zerohedge
More

US Futures Drift Higher On Chinese Invitation To Bagholders, Trade And Central Bank Optimism



#7 dTraderB

dTraderB

    Member

  • Traders-Talk User
  • 17,796 posts

Posted 10 September 2019 - 06:53 AM

David Larew @ThinkTankCharts
FollowFollow @ThinkTankCharts
More

S&P 500 Woo Hoo - Hold long over 2970, tradable markets below. Gap support at 2960. Still Bullish

EEGEsZnXsAAm5Mo.png
3:02 AM - 10 Sep 2019


#8 dTraderB

dTraderB

    Member

  • Traders-Talk User
  • 17,796 posts

Posted 10 September 2019 - 06:54 AM

David Larew @ThinkTankCharts
FollowFollow @ThinkTankCharts
More

SPY - Black Swan formation - Rounded base is the body, then a long neck with gap ups, then consolidation at the head with no volume - Swan Dive is the next move down to support. Worse case scenario., shown.

EEF2FL0WsAAuHil.jpg
1:58 AM - 10 Sep 2019


#9 dTraderB

dTraderB

    Member

  • Traders-Talk User
  • 17,796 posts

Posted 10 September 2019 - 06:55 AM

Watch that 50ma and 20ma on the hourly and daily SPX charts

 

David Larew @ThinkTankCharts
FollowFollow @ThinkTankCharts
More

60 min SPX chart - Big move alert at yesterday's close with the tight Bollinger Bands - MA's needed to consolidate with the big move up. The up move was too big for technical to comprehend. So possibly a move down to test the breakout and then up??? WW Wednesday???

EEFvl1-X4AAFXRJ.jpg
1:30 AM - 10 Sep 2019


#10 dTraderB

dTraderB

    Member

  • Traders-Talk User
  • 17,796 posts

Posted 10 September 2019 - 10:56 AM

shrewd, Chinese playing this game skillfully & with perfect timing!

 

Threaten, squabble, throw in an alleged goodie, wait for response, pull it back in the negotiating room while asking for something in return ....wash, rinse, repeat, while stalling away until 2020 November, all the while pressuring a President seeking another term as the clock runs down... for more and more concessions. It becomes a win win game for them and a lose lose game for the US

 

zerohedge @zerohedge
FollowFollow @zerohedge
More

CHINA READY TO SWEETEN DEAL BY BUYING AMERICAN GOODS- SCMP, CITING SOURCE

8:48 AM - 10 Sep 2019