london red 19:52 GMT April 24, 2020
Friday Amazing Trader 24 April 2020
strong close to wk with certain test of 28880/85 nxt wk and likely 2934. 3005/25 cannot be ruled out. again, as this week a poor start to week will result in a stronger finish, but way mkt closing today argues for monday teusday rally, which can work for bears if there is failure to backfill into this weeks range nxt week. an early wk/mid wk test of 2934/30xx almost certain to fail but if approached end of wk, is less certain to force a negative fallback.
Mtl JP 18:59 GMT April 24, 2020
Friday Amazing Trader 24 April 2020
I did not bother read the article as the headline seems to say all I need to know: "Those Mnuchin Fracker Loans Look More Like Equity"
- Bloomberg
-
just as the FED reduces its daily "purchases", Trump signs off on additional $484B spray hose
Paris ib 17:15 GMT April 24, 2020
�We will not have a vaccine by next winter.� Like 1918 Spanish flu, CDC says second wave of coronavi
JP thinking about this. We have markets without price discovery. The authorities effectively set price, akin to the supressed inflation of the ex-USSR. The trouble with that is this can continue for some time until something gives (like last September when short term rates sky rocketed to 10 percent before the FED stepped in without calling it QE). When the thing blows it can blow quickly but u gotta watch for signals. Obviously I wouldn't want to be holding either the USD or Treasuries but I'm not sure you can make a fortune going short right now either. Gold and select real assets will give you safety and longer term gains (or at least conserve real purchasing power). I want to look up the whole September debacle... it was triggered by the Chinese refusing Treasuries as collateral... in August (or something like that).
dc CB 16:41 GMT April 24, 2020
�We will not have a vaccine by next winter.� Like 1918 Spanish flu, CDC says second wave of coronavi
Update (1205ET): Following yesterday's bombshell revelation that a preliminary random testing of 3k New Yorkers for coronavirus antibodies had turned up 21% of test subjects in NYC as positive, NY Gov Cuomo said Friday that the number of hospitalized patients in his state continued to decline.
The state's "total hospitalizations" number hit its lowest level in almost a month.
Mtl JP 16:35 GMT April 24, 2020
Friday Amazing Trader 24 April 2020
eoro 1.0788
-
maybe time to go after some stops on the downside for the week-end:
1.0782, 1.0776, below 1.0763
but not holding high expectations
Mtl JP 15:42 GMT April 24, 2020
Friday Amazing Trader 24 April 2020
justin "admirer of China's 'basic dictatorship" trudeau at his best again today:
- announced rent relief for businesses forced to shut down during pandemic expected to lower rent by 75 per cent for affected small businesses
- re covit-V and re-opening the country: perish the thought it will not happen anytime soon
Mtl JP 14:25 GMT April 24, 2020
BREAKING NEWS
re michigan:
10:19 Gallup: 25% of U.S. workers fear they'll lose their jobs due to the coronavirus pandemic - MarketWatch
dc CB 14:22 GMT April 24, 2020
coronavirus pandemic will define the modern era
The novel coronavirus pandemic will define the modern era in the same way World War II shaped an earlier generation, Microsoft co-founder Bill Gates says in a 11-page memo outlining his ideas on how best to tackle the disease.
***I never graduated high school and do not hold any advanced degrees in medicine or micro biology or evolutionary biology.
I learned everyrything I need to know about control and Sheep management from my sucess selling the world on my Windows Operating System ... which still has a control system based on DOS.********
Vax and Tag ---- Windows version CVD-19. Can't get a jod without it.
dc CB 14:04 GMT April 24, 2020
�We will not have a vaccine by next winter.� Like 1918 Spanish flu, CDC says second wave of coronavi
Reply
The recent Stanford University antibody study now estimates that the fatality rate if infected is likely 0.1 to 0.2 percent, a risk far lower than previous World Health Organization estimates that were 20 to 30 times higher and that motivated isolation policies.
New York City, an epicenter of the pandemic with more than one-third of all U.S. deaths, the rate of death for people 18 to 45 years old is 0.01 percent, or 11 per 100,000 in the population. On the other hand, people aged 75 and over have a death rate 80 times that.
Of all fatal cases in New York state, two-thirds were in patients over 70 years of age; more than 95 percent were over 50 years of age; and about 90 percent of all fatal cases had an underlying illness. Of 6,570 confirmed COVID-19 deaths fully investigated for underlying conditions to date, 6,520, or 99.2 percent, had an underlying illness. If you do not already have an underlying chronic condition, your chances of dying are small, regardless of age
Scott W. Atlas, MD, is the David and Joan Traitel Senior Fellow at Stanford University�s Hoover Institution and the former chief of neuroradiology at Stanford University Medical Center.
The data is in � stop the panic and end the total isolation
Mtl JP 14:03 GMT April 24, 2020
BREAKING NEWS
michigan 71.8 ...
impressive
london red 13:57 GMT April 24, 2020
BREAKING NEWS
durables always been volatile they can shake it off, but consumer confidence would be harder to shake off. up soon
Mtl JP 12:39 GMT April 24, 2020
BREAKING NEWS
them r pretty
ugly
numbers
AT Trader john 12:35 GMT April 24, 2020
BREAKING NEWS
U.S. Durable Goods Orders March 2020
NEWS ALERT
Headline: -14.4% vs. -5.00% exp. vs. +1.20% (r+1.10%) prev.
Ex-Trans:-0.20% vs. -12.0% exp. vs. -0.60%(r -0.70%) prev.
PAR 12:10 GMT April 24, 2020
Privatizing profits, socializing losses - Bankruptcy is a way better solution. $16 billion on which
Reply
�Profit machine Booking.com raises its hand for state aid,� wrote financial daily Het Financieele Dagblad. Evening paper NRC Handelsblad called the request �the dark side of the business climate.� Much of the criticism focused on its use of tax planning and past payouts to investors. Parent company Booking Holdings Inc. has bought back $16 billion worth of stock over the past three years, according to its financial statements.
�Booking paid so much money to its shareholders in recent years that there aren�t any buffers,� said Jaap Koelewijn, corporate finance professor at Nyenrode Business University, by phone. �This is a classic example of privatizing the profits and socializing the losses,� he said.
Mtl JP 10:53 GMT April 24, 2020
EURO
reach for stops at around 1.0819 can not be ruled out
Mtl JP 10:50 GMT April 24, 2020
EURO
euro 1.0798 morning high
stops hunt cleaned out trailers,
train lightened
Singapore SC 10:43 GMT April 24, 2020
EURO
News in euro?
Mtl JP 09:41 GMT April 24, 2020
Friday Amazing Trader 24 April 2020
Stocks mood
- asia: closed down accross the board
- europe: currently down ~1% +/-
- US mildly optimistic by way of 0.3% uP atm
Mtl JP 09:34 GMT April 24, 2020
EURO
and potentially 1.0782/8 above that
Mtl JP 09:22 GMT April 24, 2020
EURO
euro 1.0762 - may try to bite into likely stops around 1.0775
swiss frank 08:42 GMT April 24, 2020
EURO
yes sorry thats what i was referring to.
swiss frank 08:42 GMT April 24, 2020
ECB LAGARDE PONZI MAFIA
Indeed.... Recently it was estimated the BlackRock owned between 3% to 5% of the residential real estate in Spain. Not to mention the hotels...
Mtl JP 08:40 GMT April 24, 2020
EURO
frank -euro & your line see march low
on radar, c my 20:33 April 23
AT Trader john 08:28 GMT April 24, 2020
Friday Amazing Trader 24 April 2020
Friday
DJ: -116
SP: -15.3
2-yr 0.225% +0.5%
Spread 10s-2s +37.6 bps (+39.5 bps)
10-yr
US: 0.595% -1.5
UK: 0.278% -1.4
DE: -0.456% -2.8
EURUSD MACRO TREND: NEGATIVE
Spots (Prev day Pivot Pt)
EURUSD 1.0745 (1.0791)
GBPUSD 1.2309 (1.2356)
EURGBP 0.8730 (0.8738)
USDJPY 107.70 (107.64)
This Week 1.0897-1.0727 (170 pips)
fri: 1.0784-1.0727 (27)
thu: 1.0845-1.0756 (89)
wed: 1.0885-1.0803 (82)
mon: 1.0897-1.0842 (55)
Sign up now for your invaluable report
How To Turn Your Forex Trading Into A Business
20-day avg: 1.0906
50-day avg: 1.0953
100-day avg: 1.1017
200-day avg: 1.1042
Global-View Daily Trading Chart Points
PAR 08:23 GMT April 24, 2020
ECB LAGARDE PONZI MAFIA
Scrapping negative rates could reduce interest rate differentials between Germany and France, Italy, Spain without the ECB needing to buy billions of French, Italian, and Spanish bonds from BlackRock & co.
PAR 08:06 GMT April 24, 2020
ECB LAGARDE PONZI MAFIA
Stopping with negative rates could pump billions into the economy especially in these unprecedented times when citizens want to have cash because of all the medical and political uncertainties.
AT Trader john 08:05 GMT April 24, 2020
BREAKING NEWS
German IFO Survey April 2020
NEWS ALERT
Current Assessment (Conditions): 79.5 vs. 80.5 exp. vs. 93.0 (r. )
Business Climate: 74.3 vs. 80.0 exp. vs. 86.1 (r. ) prev.
Expectations: 69.4 vs. 75.0 exp. vs. 79.7 (r.) prev.
IFO Climate Survey
PAR 08:01 GMT April 24, 2020
ECB LAGARDE PONZI MAFIA
Reply
ECB should stop its Negative Interest Rate Policy.
It is hurting everybody and banks are charging higher interest rates on loans because they have to pay the ECB
0.5% on excess deposits.
Kafka seems to be running the ECB. Surrealistic and incomprehensible.
AT Trader john 07:37 GMT April 24, 2020
Friday Amazing Trader 24 April 2020
GVI Trading. Potential Price Risk Scale
AA: Major, A: High, B: Medium
Fri 24 Jan 2019
AA 07:00 UK- Retail Sales
A 08:00 DE- IFO Survey
A 12:30 US- Durable Goods
A 14:00 US- Final Univ of Michigan
swiss frank 06:50 GMT April 24, 2020
EURO
Sorry that chart didn't come out right. Lower horizontal line missing around 1.0650 recent bottom coincides with diagonal line. Later multiple bottoms 1.05ish.
Swiss Frank 06:46 GMT April 24, 2020
EURO
Reply
Destiny probably where line meets line
haifa ac 06:44 GMT April 24, 2020
coronavirus pandemic will define the modern era
Reply
The novel coronavirus pandemic will define the modern era in the same way World War II shaped an earlier generation, Microsoft co-founder Bill Gates says in a 11-page memo outlining his ideas on how best to tackle the disease.
�This is like a world war, except in this case, we�re all on the same side,� he writes.
https://www.seattletimes.com/nation-world/it-is-impossible-to-overstate-the-pain-fight-against-coronavirus-will-define-our-era-bill-gates-says/
haifa ac 05:32 GMT April 24, 2020
USD is tiolet paper
That explains why people flocked to hoard every roll they could get their hands on a few weeks ago.
Central Kwun 04:23 GMT April 24, 2020
USD is tiolet paper
Reply
Buy Gold
Entry: 1723 Target: 3000 Stop: No stop
https://www.bloomberg.com/news/articles/2020-04-21/bofa-raises-gold-target-to-3-000-as-fed-can-t-print-gold
Bank of American is looking for $3000
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