Short term trades in the stock market •$$$$$•

[Stonefree69]

I am long the market and thinking to add. hmmmm.

Summer is crappy for stocks so, damn can't decide.

I'd be too and waiting for breakouts to the upside. Guess just wait for the dips and buy. If the market somehow does turn bearish I'd say that would be one helluva short recovery! But even the deficit is shrinking, something we haven't seen since last millennium and Clinton days.

 

[growbig789]

i've been playing GNW for a few years... made alot and lost too. Its been doing good along with other mortgage insurers RDN and MTG. I look at GNW as having a bit more substance with other insurance business in addition to the mortgage unit. Their mortgage insurance unit turned a profit in Q1 for the first time in a number of years... Book value somewhere between 25 and 30 depending on how you look at it. recovery play tied to housing...

lots of other interesting stuff out there too...

 

[SpasticGramps]

Lots of chatter about tapering QE.

Here is a good lolz chart.

 

[mrcreosote]

Lol,
Even a degenerate gambler might find that divergence er...troublesome.

 

[NorC@liGrower]

Lol,
Even a degenerate gambler might find that divergence er...troublesome.

Yeah well charts like are posted because he doesn't have any clue how the markets actually work and how money can be made. A Zero Hedge mime. One day he'll be right. Until then...

 

[NorC@liGrower]

SpasticGramps...when was the last time you actually placed a trade in the stock market?

 

[yesum]

^^ hehe If he did he would have gone short and lost some of his nest egg.

I do not have the amount of money saved, like gramps, that I can sit on the sidelines and point out that the US economy is doomed at some indefinite point in the future.

I like many others have to get a good return on our savings to have any future quality of life. Stocks are all I can see to be in at this time.

 

[mrcreosote]

Yeah well charts like are posted because he doesn't have any clue how the markets actually work and how money can be made. A Zero Hedge mime. One day he'll be right. Until then...

You're right. I don't know how 'markets' work today.

Better mortgage your bicycle and go all in...
Show us how it's done, CNBC STYLE.

 

[SpasticGramps]

Yeah well charts like are posted because he doesn't have any clue how the markets actually work and how money can be made. A Zero Hedge mime. One day he'll be right. Until then...

Hilarious.

SpasticGramps...when was the last time you actually placed a trade in the stock market?

I move stuff around my 401K on a semi-regular basis. I don't day trade stocks or even have most of my money in Bernanke's casino.

^^ hehe If he did he would have gone short and lost some of his nest egg.

I've stated several times that you have to have huge balls to short the printing press. The stock market can only go up. So ride the bubble while you can.

Stocks are all I can see to be in at this time.

You and everyone else. You going to buy bonds? lolz Savings account? lolz. No everyone has been piled in to the casino. One big happy bubble.

 

[Stonefree69]

AAPL's coming down after a little bump. Darn missed it (fell after 5/8)! Buy the dips in the market and sell the bumps in AAPL.

I don't really trade stocks, I like futures. But got burned once with OJ just like Trading Places movie after a rare freeze from faroff Alaska that hit Florida timed perfectly on a weekend. F**k those seasonal trades. But I've made money too from the British Pound to Wheat. Don't care much for options or derivatives. If I did options I might sell the low risk ones both puts & calls (odds in my favor about 10:1) and keep an eye on volatility. The Bell curve helps with this.

But hey I'm batting 1,000 with my tips in this thread at least. S&P minis! OH, I use a trading program to help keep emotions out of trading, usually a MA indicator for trending markets.

 

[Stonefree69]

Just noticed these 2 stories in today's news: Stocks Plummet on Fed Tapering Fears & Stocks Notch Sixth Straight Monthly Gain

Like I said, I mainly look at trading the Stock indicies, not individual stocks and this recent dip could allow some very good buying opportunities. Being Friday's action, it will be interesting what happens Monday - IOW finding the bottom level of the recent pullback.

Why do I like the Indexes? Stocks are leveraged only 50% and maybe good for long term buying opportunities in solid companies or more young companies that have popular products and some momentum. But with Futures your money's leveraged much higher depending on contract you trade and can make a lot more money in the short term - which this thread is all about (short term trading).

 

[bentom187]

Federal Reserve Advisory Committee Worries About Inflation, "Unsustainable Bubble" In Stocks And Bonds

Members of the Federal Reserve’s advisory council, which includes the Board of Governors, have expressed strong concerns over the Fed’s low-interest rate policies and its bond-purchase program, which they say could trigger unmanageable inflation and an "unsustainable bubble" in the stock and bond markets.

Minutes of the Federal Advisory Council meeting held on May 17 were published Friday on the Fed’s website and reveal concerns among its officials over the long-term ramifications of its quantitative easing policies.

“There is also concern about the possibility of a breakout of inflation, although current inflation risk is not considered unmanageable, and of an unsustainable bubble in equity and fixed-income markets given current prices,” according to the minutes of the council meeting.

Some of the members of the advisory council, consisting of private bankers from each of the Fed's 12 banking districts, pointed out that near-zero interest rates could not be sustained in the long run.

A spike in inflation could force the Fed to hike interest rates, hurting business confidence and consumer spending, and prove disastrous to the U.S economy, which is still clawing its way back from the debilitating effects of the 2008 financial crisis.

Although the council’s members acknowledged that the Fed’s current policies have aided a slow recovery, its effectiveness on employment generation is not clear, they noted. "Uncertainty about fiscal and monetary policy is deterring business investment that would spur growth," the Council noted.

Unemployment in the United States dipped marginally to 7.50 percent in April 2013 from 7.60 percent in March.

The advisory council echoed the concerns of some economists that the Fed’s massive bond-buying exercise could potentially expose the banks to systemic financial risks and structural problems.

“Net interest margins are very compressed, making favorable earnings trends difficult and encouraging banks to take on more risk. The Fed’s aggressive purchases of 15-year and 30-year MBS have depressed yields for the “bread and butter” investment in most bank portfolios; banks seeking additional yield have had to turn to investment options with longer durations, lower liquidity, and/or higher credit risk,” the minutes said.

Some members also expressed anxiety over the recent surge in markets stating that the equity and fixed-income markets are bloated. On May 28, consumer confidence and higher home prices help the Dow Jones Industrial Average scale another record high to end the day up 106 points, or 0.7 percent to 15,409.

The strongly worded sentiments expressed in the minutes clearly suggest that overvalued markets could come down to more realistic levels when the Fed stops its quantitative easing program.

“Uncertainty exists about how markets will reestablish normal valuations when the Fed withdraws from the market. It will likely be difficult to unwind policy accommodation, and the end of monetary easing may be painful for consumers and businesses,” the minutes stated.

 

[NorC@liGrower]

Made big bank on SPY puts Friday. People complain about the markets being manipulated and all. Instead just use it as a cash machine.

 

[NorC@liGrower]

You're right. I don't know how 'markets' work today.

Better mortgage your bicycle and go all in...
Show us how it's done, CNBC STYLE.

Screw CNBC, Cramer, et al. If you buy into that stuff then you're totally clueless. People who are either perma bulls or perma bears get their ass handed to them at some point. Gotta go with the flow. Really simply. Markets have run in cycles since they were started. This past one has been no different. I remember back in like 1987 people saying the markets were going to crash lol. Well actually they did a bit then recovered.

Gotta love pundits like you and Spastic Gramps. I turned bear in the last week and yes I have a stack of silver...mostly which I bought with gains in calls the last year. Eventually that stuff will shine. Until then just taking what the market is giving...which has been a LOT!

And no I have more than a bicycle

 

[yesum]

NorCal care to elaborate on why you went bear? I was considering going all in, though I do not have a bike to pawn, but considered that summer is here and that is a bad season for stocks.

I am still up for the year but thinking of leaving the market or shorting it now like you did. You short just for now or longer term?

 

[bentom187]

this might intrest some people it's going to happen tomorrow.

Modern Monetary Theory
vs.
the austrian school

macroeconomic debates among the heterodoxy

6.15pm June 3rd, 2013

1. Warren Mosler, Early Developer of MMT and Author of Soft Currency Economics

2. Robert Murphy, Associated Scholar, The Mises Academy

LIVESTREAM

GO MURPHY!

Murphy Debunks Mosler and MMT
[YOUTUBEIF]_gtnxmIGCXc[/YOUTUBEIF]

 

[mrcreosote]

Screw CNBC, Cramer, et al. If you buy into that stuff then you're totally clueless. People who are either perma bulls or perma bears get their ass handed to them at some point. Gotta go with the flow. Really simply. Markets have run in cycles since they were started. This past one has been no different. I remember back in like 1987 people saying the markets were going to crash lol. Well actually they did a bit then recovered.

Gotta love pundits like you and Spastic Gramps. I turned bear in the last week and yes I have a stack of silver...mostly which I bought with gains in calls the last year. Eventually that stuff will shine. Until then just taking what the market is giving...which has been a LOT!

And no I have more than a bicycle

If you're happy, then I'm happy for you.

 

[Phillthy]

$FCEL $PLUG

 

[NorC@liGrower]

While markets had a bullish reversal today don't see that in individual charts. Hard not to believe SPY 160 in the short term. A 10/20 moving average cross would seal the deal.

 

[yesum]

Hey tried to pm you but cannot. Can you give me any trading advice or stuff to look at? Moving averages, technical stuff and where to look at it?

You made the call on the short thing very well. I just guess on it but a technical signal or 2 would help I suppose.

What kind of leverage do you get off a SPY contract? I have a 3x ETF and that is real easy to trade. The options were a bit more involved as I recall.