273 replies to this topic

[dTraderB]

MUDEAST "PEACE" Relief rally may go all the way to new ATH but it will be tough going for BULLS during the next few week IF US$ trades above 104. It is now trading at 105.75

Will add SPY & QQQ PUTS above ES 5225 & NQ 18400

[dTraderB]

"China's first-quarter GDP on Tuesday and Japanese consumer price inflation figures on Friday are the two economic indicators from Asia that could most move local markets this week.



But for Monday at least, investors will be focused on reducing risk and playing it safe, and in that regard, there could be some big movement in the Japanese yen.



The yen is traditionally seen as a 'safe-haven' asset that does well in times of heightened risk aversion, boosted by large repatriation flows from Japanese investors and short covering from currency traders using the yen to fund carry trades.



And there is a large short position to cover - the yen is at a 34-year low below 153.00 per dollar and the latest U.S. futures market data show hedge funds' net short yen position is the biggest in 17 years.

Key developments that could provide more direction to ASIAN markets on Monday:
India trade (March)
India wholesale price inflation (March)
Japan machinery orders (February)"

Edited by dTraderB, 14 April 2024 - 05:46 PM.

[dTraderB]

Adding USDYEN SHORT above 153.35
Adding ES & NQ SHORT above 5202 & 18325

[redfoliage2]

So here it goes - Sold on the rumor and then buying on the news

redfoliage2
12 Apr 2024
redfoliage2, on 12 Apr 2024 - 3:34 PM, said:

redfoliage2, on 12 Apr 2024 - 3:23 PM, said:
This is setting up for a bear trap as I just had my tax filed .........................

More likely the market is to gap up on Monday for a short squeeze that is the game MMs like to do with this ..................

https://www.traders-...-34#entry909137

Edited by redfoliage2, 14 April 2024 - 06:11 PM.

[dTraderB]

Jesse Cohen (@JesseCohenInv) posted at 2:37 PM on Sun, Apr 14, 2024:
🚨This Week's Most Notable Earnings

*Mon: $GS $SCHW
*Tues: $BAC $MS $BK $PNC $IBKR $UNH $JNJ $UAL $JBHT
*Wed: $ASML $ABT $LVS $USB $TRV $AA $CSX $KMI
*Thurs: $NFLX $TSM $NOK $BX $WAL $DHI $ISRG $PPG
*Fri: $AXP $PG $SLB

$DIA $SPY $QQQ $IWM
https://t.co/pVZHneyit1

[dTraderB]

Jesse Cohen (@JesseCohenInv) posted at 9:10 AM on Sun, Apr 14, 2024:
🇺🇸🇺🇸 Key Events This Week:

1. U.S. Retail Sales - Monday

2. NY Fed Manufacturing Survey - Monday

3. Goldman Sachs $GS Earnings - Monday

4. $BAC $MS $JNJ $UNH Earnings - Tuesday

5. Fed Chair Powell Speech - Tuesday

6. Fed Beige Book - Wednesday

7. Initial Jobless Claims - https://t.co/5P7N6WDVv9

[dTraderB]

Visegrád 24 (@visegrad24) posted at 6:49 AM on Sun, Apr 14, 2024:

Israel will strike back at Iran in the next 48 hours, reports the The New York Times.

(https://x.com/visegr...9305057759?s=03)

[dTraderB]

McCLELLAN OSC:
-212, near the 2024 low. My FF is a new 2024 LOW followed by bounce. But how low will it spike down? One or more BIG DOWN sessions?
https://www.mcoscill...t_breadth_data/

[dTraderB]

Copper INFLATION indicator:
https://www.mcoscill...e_on_inflation/

[dTraderB]

Happening now:

CN Wire (@Sino_Market) posted at 8:23 PM on Sun, Apr 14, 2024:
LME metals surged after the U.S. and U.K. sanctioned metals from Russia.
LME #Nickel +7%, #aluminum +6%, #copper and #zinc +2%.
(https://x.com/Sino_M...0287076729?s=03)

Copper INFLATION indicator:
https://www.mcoscill...e_on_inflation/