CatmanV2
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Wattie
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Fed to step up cash injections for banks to guard against market pressure
The New York Federal Reserve said Monday it will increase the amount of money it is offering to banks for their short-term funding needs
Wattie
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Regulators urge banks to get funding to people who are impacted by the coronavirus from CNBC.com
60% of Americans live pay check to pay check! The Fed knows it’s lost control of the Ponzi.
We are heading for another GFC except the debt this time is far far higher than the GFC.
Buckle up, it’s gonna get a lot worse.
60% of Americans live pay check to pay check! The Fed knows it’s lost control of the Ponzi.
We are heading for another GFC except the debt this time is far far higher than the GFC.
Buckle up, it’s gonna get a lot worse.
Froddy
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Thanks Wattie, what a day indeed! I've been scrambling to find upside protection to hedge me in the event that the market rips higher, as I'm quite heavily short and, as you know, I'm not at all happy about the put:call ratio. I went long WMT last week, and I like the way it's behaving, so I've added more long calls. It's in a bullish volatility squeeze:
Netflix has fallen out of the "distribution" pattern on the 78 min chart, which is a bit of a nuisance:
Normally I would close out my long in this situation, as price now appears to have entered the "decline phase". That is, until you see this trendline on the daily chart (peek-a-boo!):
So I've hedged my bets by buying a put trade too, pending the price deciding whether to hold trendline support over the next day or two.
Hope things are going well for you ...
Wattie
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Mixed day, trail stopped out of miners.....think I’m gonna give them a miss from now on- too volatile! Expecting my ASX miners to get stopped out today.
My Gold, (which i’m Now around 45% in overall is romping)
Positions here.
Froddy
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Gold looks good to me, and we are at a reasonably significant timing decision too (just be aware):
There is a momentum shift plus volatility squeeze on the 1 hour chart, and multiple squeezes setting up elsewhere:
Hopefully the timing decision is "up"!
Wattie
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No way it’s falling long term......they’re gonna need to print Trillions to support this pile of cr4p.
Froddy
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Wattie
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I really think this is excellent, well worth a watch.
www.cnbc.com
Nailed it.
Lower the market goes, the more people have to sell, which exacerbates downside: Adami
Guy Adami, member of CNBC's "Fast Money" and director of advisor advocacy at Private Advisor Group, joins "Power Lunch" to discuss what he sees in the market as stocks trade sharply lower.
Nailed it.
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Ewan
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So, the market’s been open 2 minutes and the most predictable bounce ever has seen the FTSE 100 rise 1.5% already. Just for fun, I’m going to predict that by the end of the day it will have regained a third of yesterday’s losses. I have no knowledge or skill behind this production, it’s just my wild guess. Anyone else fancy predicting the closing figure for the FTSE today?
Wattie
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Probably spot on, expect it to plunge in the coming weeks.
Sell all rally’s.
They rely on “greater fools”
It’s only going to get worse, globally for the next 8-12 weeks at least.
Wattie
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People not so foolish selling rally’s!
Feds done another $180 Billion. The banks are demanding more and more each day! It’s getting worse. Do not keep lots of cash in your bank.
Zerohedge
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
www.zerohedge.com
No amount of money can replace missing workers not doing jobs and supply chain failures.
Zerohedge
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
www.zerohedge.com
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