No No No.....Jim Cramer says BUY! BUY! BUY!
Short term trades in the stock market •$$$$$•
- Thread starter TNTBudSticker
- Start date
Interesting correlation possibly. Damn oil. We are always booming right before the tops.
Stocks-Crude Inverse Correlation Passes 2008 Levels, Just Off All Time Highs: Major Correction Ahead? ZeroHedge
Stocks-Crude Inverse Correlation Passes 2008 Levels, Just Off All Time Highs: Major Correction Ahead? ZeroHedge
A week ago we presented the suddenly surprising inverse correlation between stocks and crude, commenting that: "the last time WTI to Stocks hit a correlation of -0.5 is just after the market peaked in late 2007, early 2008, as the market had started its decline which culminated with the global sell off of everything not nailed down, bringing the S&P to 666. The correlation between the two assets is again -0.5. If Brent confirms the WTI correlation, it may be time to run." Subsequently every chartist jumped on this observation, yet it is today's update that is material significance: as of a few hours ago, the inverse correlation between the Brent front month has just passed the lows recorded in 2008, just before the market tumbled, when increases in oil prices no longer produced increasing stock prices (i.e., market topping). In other words, "it is now time to run" as we have just surpassed that level. And in fact, a longer term chart shows that we are just off the all time lows in the MSCI-Brent correlation. If this series continues dropping a correction is virtually assured.
M
Mountain
LOL...that's cause he wants to SELL! SELL! SELL! his positions...LOL!No No No.....Jim Cramer says BUY! BUY! BUY!
I think we're heading for a pretty decent correction really soon but really it's already begun.
Not quite gramps & mountain.....
CRamer pumps them and it his buddies over @ -----> Goldman Sachs be selling them !
( manipulation & profiteering is in their blood )
“No Way Out” of Debt Trap, Gross Says: U.S. Living Standards Doomed to Fall http://finance.yahoo.com/tech-ticker/%E2%80%9Cno-way-out%E2%80%9D-of-debt-trap-gross-says-u.s.-living-standards-doomed-to-fall-536001.html?tickers=%5EDJI,%5EGSPC,%5ETNX,GLD,GDX,TLT,MUB&sec=topStories&pos=main&asset=&ccode=
* Gramps , here's an interview today with Bill Gross over at PIMCO...
Debt, debt and more mounting debt is plaguing countries around the globe.
In this U.S., states across the country face a collective $125 billion shortfall for fiscal 2012, while Congress is facing a budget gap nearly 10 times that size.
PIMCO founder and co-CIO Bill Gross has previously said that if the United States were a corporation, no one in their right mind would lend us money. For the last decade, we’ve been “relying on the kindness of strangers” to help cover our debts, he tells Aaron in the accompanying clip.
By “strangers” he is referring to our foreign counterparts, like China for example. Basically, for years Americans have spent their hard-earned dollars on less-expensive Chinese made goods. With great gratitude, China turned around and used all those dollars to buy up U.S. Treasuries and other dollar-denominated assets.
But now after years of reckless spending, America’s debt level is nearing a breaking point and can no longer rely on foreign capital as a last resort. “When a country reaches a certain debt level, confidence in that country’s ability to repay that debt becomes jeopardized,” says Gross, citing the work of Ken Rogoff and Carmen Reinhart in This Time Is Different.
The Way Forward...And Your Pocket Book
The budget crisis situation unfolding at the state and federal government level does not bode well for working men and women in this country. There are really only two choices, says Gross. And, neither favors your pocketbook:
But for President Obama and Congressional Democrats, those cuts go way too far at a time when the country is still struggling to recover from the worst recession since the Great Depression. Goldman Sachs and Bill Gross agree and have warned that cutting too much could stifle growth. (See: Gross "self sustaining" clip)
Meanwhile, neither side as gotten serious about reforming entitlement programs like Social Security and Medicare, which account for more than a third of Uncle Sam's budget.
If the country cannot come to grips and cut back on entitlement programs, U.S. debt will continue to grow and governments around the world will loose faith in the U.S. dollar. Foreign goods would become more expensive, says Gross, while our standard of living would drop.
Under the second option, if entitlement programs are cut, many Americans would naturally have to learn to live on less and take a hit to their standard of living.
“There is really no way out of this trap and this conundrum at this point,” says Gross. From an investment perspective his advice is to stay clear of “bonds in dollar denominated terms” and to be “wary of higher interest rates going forward.”
* Gramps , here's an interview today with Bill Gross over at PIMCO...
Debt, debt and more mounting debt is plaguing countries around the globe.
In this U.S., states across the country face a collective $125 billion shortfall for fiscal 2012, while Congress is facing a budget gap nearly 10 times that size.
PIMCO founder and co-CIO Bill Gross has previously said that if the United States were a corporation, no one in their right mind would lend us money. For the last decade, we’ve been “relying on the kindness of strangers” to help cover our debts, he tells Aaron in the accompanying clip.
By “strangers” he is referring to our foreign counterparts, like China for example. Basically, for years Americans have spent their hard-earned dollars on less-expensive Chinese made goods. With great gratitude, China turned around and used all those dollars to buy up U.S. Treasuries and other dollar-denominated assets.
But now after years of reckless spending, America’s debt level is nearing a breaking point and can no longer rely on foreign capital as a last resort. “When a country reaches a certain debt level, confidence in that country’s ability to repay that debt becomes jeopardized,” says Gross, citing the work of Ken Rogoff and Carmen Reinhart in This Time Is Different.
The Way Forward...And Your Pocket Book
The budget crisis situation unfolding at the state and federal government level does not bode well for working men and women in this country. There are really only two choices, says Gross. And, neither favors your pocketbook:
- Option #1 – Keep spending and do nothing
- Option #2 – Balance our budgets by cutting entitlements
But for President Obama and Congressional Democrats, those cuts go way too far at a time when the country is still struggling to recover from the worst recession since the Great Depression. Goldman Sachs and Bill Gross agree and have warned that cutting too much could stifle growth. (See: Gross "self sustaining" clip)
Meanwhile, neither side as gotten serious about reforming entitlement programs like Social Security and Medicare, which account for more than a third of Uncle Sam's budget.
If the country cannot come to grips and cut back on entitlement programs, U.S. debt will continue to grow and governments around the world will loose faith in the U.S. dollar. Foreign goods would become more expensive, says Gross, while our standard of living would drop.
Under the second option, if entitlement programs are cut, many Americans would naturally have to learn to live on less and take a hit to their standard of living.
“There is really no way out of this trap and this conundrum at this point,” says Gross. From an investment perspective his advice is to stay clear of “bonds in dollar denominated terms” and to be “wary of higher interest rates going forward.”
Interview: Siddharth Rajeev's Commodities Rundown, From Au to V
http://seekingalpha.com/article/257...commodities-rundown-from-au-to-v?source=yahoo
http://seekingalpha.com/article/257...commodities-rundown-from-au-to-v?source=yahoo
M
Mountain
NFLX - well whadya know...gapped below it's 50 ma on huge volume cause Facebook getting into streaming video. Who's next into that market? NFLX is a great brand but very vulnerable. Maybe Google should buy them...lol!
With these other companies it'll just be another service to add to their portfolio.
M
Mountain
The IBD gods have spoken...lol...
Zen...did you hitch a ride on BSFT this morning?
M
Mountain
Ha ha...whoa!
So who's gonna be buying?
I tried a run with BSFT, but got stopped out. Then the parameters set up for mein BSFT I exited ZSTN at -8% from when I got in last friday. Once again, didn't have a stop and I got screwed. I'll learn one day, I had one today.
I was on the verge of taking a postiion earlier in BSFT right at 1100, but the stochastics didn't pullback enough to meet my criteria. I really had to exercise some restraint, I had a feeling once it hits 47 it would take off, and it did, +7% to be exact. I did make an entry at 1145, but at that point it had ran out of steam.
I exited S yesterday afternoon with a +4.5% and kicked myself in the @$$ when I saw it up 5% today alone.
I was on the verge of taking a postiion earlier in BSFT right at 1100, but the stochastics didn't pullback enough to meet my criteria. I really had to exercise some restraint, I had a feeling once it hits 47 it would take off, and it did, +7% to be exact. I did make an entry at 1145, but at that point it had ran out of steam.
I exited S yesterday afternoon with a +4.5% and kicked myself in the @$$ when I saw it up 5% today alone.
Don't worry the FED will keep the wheels on the Ponzi Bus. We just need to juice it some more. QE2 and 3 will buying until faith is lost in the rigged casino.
Basically everyone is buying. Just not voluntarily.
M
Mountain
I saw the Q's drop pretty hard right after the close then just read this...
That pop I was hoping for at the open to short into probably will not be there and guessing a decent gap down coming instead...oooops.
M
Mountain
I just looked at a 6 month chart for BSFT...holy shit!
yep , FNSR getting crushed a/h down 14+pts ...the CIEN dip buyers today just under $26 are really having a fit for its trading now in sympathy to FNSR , CIEN down nearly $1.70 more @ $24 even .
Also that JDSU move to $27 the other day before CIEN & now FNSR , has all but given it all back now trading back down to $21's after only 3days . Investors weren't pushing this stock but manipulators who now have to cough it all back up.
Meanwhile they're the bag holders above $25
These fibre stocks & sector have gone way too far mentioned last few days ..& gotten so supremely ahead of themselves in valuations they deserved to get whacked . FNSR just lost $1.4Bil in this move down from $40 to $25 .
Now has a $1.6Bil market cap much better
MRVL got a little tradeable bounce today off $15's ..
Also that JDSU move to $27 the other day before CIEN & now FNSR , has all but given it all back now trading back down to $21's after only 3days . Investors weren't pushing this stock but manipulators who now have to cough it all back up.
Meanwhile they're the bag holders above $25
These fibre stocks & sector have gone way too far mentioned last few days ..& gotten so supremely ahead of themselves in valuations they deserved to get whacked . FNSR just lost $1.4Bil in this move down from $40 to $25 .
Now has a $1.6Bil market cap much better
MRVL got a little tradeable bounce today off $15's ..
Yeah, seriously, it was trading at $9.10 at the beginning of november and it hit a high today of $51.90.
most folks prefer a different broker, it just depends on what you want and what they offer. Some brokers have a minimun deposit to open an account.
For the least expensive commissions/fees, I would say InteractiveBrokers. I'm not sure what their minimum deposit is though, maybe $5k or $10k.
Some brokers just trade certain things so make sure the broker your interested in sells futures.
I'm going to start out using tradeking with an opening deposit of $2500 in a margin account and when my account balance reaches $10k switch over to IB. IB has an intraday maintenance margin of only 25% for balances of $10k+. That means you can buy $40k of stock as long as you sell it before the close or bring your maintenance margin back to 50%.
tradeking does not sell futures though, only equities and options.
For the least expensive commissions/fees, I would say InteractiveBrokers. I'm not sure what their minimum deposit is though, maybe $5k or $10k.
Some brokers just trade certain things so make sure the broker your interested in sells futures.
I'm going to start out using tradeking with an opening deposit of $2500 in a margin account and when my account balance reaches $10k switch over to IB. IB has an intraday maintenance margin of only 25% for balances of $10k+. That means you can buy $40k of stock as long as you sell it before the close or bring your maintenance margin back to 50%.
tradeking does not sell futures though, only equities and options.
M
Mountain
You'd wanna trade ProShares Ultra Silver ticker symbol AGQ that will basically give you 200% of the daily move of silver...and if you're wrong you'll lose $ twice as fast. Just like USO will basically track oil but UCO, for better or worse, gives you twice the move so you can lose $ twice as fast.
I've never touched futures. If you're wrong in something leveraged you can get your head handed to you on a platter so fast you're heart will still be beating...lol!
