london red 22:40 GMT April 29, 2020
Wednesday Amazing Trader April 29, 2020
CB tomorrows channel level is 3008, with the gap at 2999 in the way. if they stay abv 3020 or so then they stop the 100/200dma death cross
dc CB 22:22 GMT April 29, 2020
Thursday Amazing Trader 29 April 2020
Israel MacroMicro 21:16
(I noted this flaw in the Gates' Vax and Track Plan)
Most Americans are not willing or able to use an app tracking coronavirus infections
April 29, 2020
the effort faces several major barriers, including that approximately 1 in 6 Americans do not have smartphones, which would be necessary for running any apps produced by the initiative. Rates of smartphone ownership are much lower among seniors, who are particularly vulnerable to the ravages of covid-19, with just over half of those aged 65 or older saying that they have a smartphone (53 percent). Rates are even lower for those 75 and older, according to the Post-U. Md. poll.
WashPost (link by paywall)
dc CB 22:17 GMT April 29, 2020
Wednesday Amazing Trader April 29, 2020
london red 19:28 GMT
abv today at 2959. a tgt for the 15:50 train.
had to hold ES to the futures close at 5PM ET, but it got there
2959.75
Tallinn viies 21:30 GMT April 29, 2020
eurusd
Reply
Norway decided to join production cuts
Israel MacroMicro 21:16 GMT April 29, 2020
Thursday Amazing Trader 29 April 2020
AAPL & Google literally have legal rights to chip each user of their operating system. of course, that's the manner to beat the virus. reality 2020!
Tallinn viies 20:53 GMT April 29, 2020
eurusd
Reply
tommorow is last day to trade first month contract.
against worries brent may follow wti squeeze it took out today previous day high and made higher low also.
closed above 5 day ema finally.
time to go long today as second month trading higher so from new month will start with cap higher. bought at 22,20.
stop at 18,70.
Lets hope long term low in place now.
first target 24,33.
london red 20:42 GMT April 29, 2020
Thursday Amazing Trader 29 April 2020
the ctas not yet long get a hard on after an abv 2934 close. nxt 2999 gap and 3010-25. all happening by end of week folks
Mtl JP 20:06 GMT April 29, 2020
Thursday Amazing Trader 29 April 2020
In my younger days , a manager managing 10% y/y was a star
how times r-achanged:
Nasdaq closes up about 307 points, 3.6%
S&P closes about 76 points, or 2.7%
Dow adds about 528 points, 2.2%
- marketwatch
AT Trader john 19:40 GMT April 29, 2020
Thursday Amazing Trader 29 April 2020
GVI Trading. Potential Price Risk Scale
AA: Major, A: High, B: Medium
AA 18:00 US- Fed Decision
Thu 30 Apr 2019
A 06:00 DE- Retail Sales
A 07:55 DE- Employment
A 08:55 EZ- GDP
AA 11:45/12:45 EZ- ECB Decision
B 12:30 CA- GDP
A 12:30 US- Personal Income
A 12:30 US- Weekly Jobless
A 13:45 US- Chicago PMI
Fri 1 May 2019
May Day Holiday- many
Final Mfg PMIs all day
AT Trader john 19:39 GMT April 29, 2020
Thursday Amazing Trader 29 April 2020
GVI Trading. Potential Price Risk Scale
AA: Major, A: High, B: Medium
AA 18:00 US- Fed Decision
Thu 30 Apr 2019
A 06:00 DE- Retail Sales
A 07:55 DE- Employment
A 08:55 EZ- GDP
AA 11:45/12:45 EZ- ECB Decision
B 12:30 CA- GDP
A 12:30 US- Personal Income
A 12:30 US- Weekly Jobless
A 13:45 US- Chicago PMI
Fri 1 May 2019
May Day Holiday- many
Final Mfg PMIs all day
dc CB 19:22 GMT April 29, 2020
Wednesday Amazing Trader April 29, 2020
Tyson Foods Doubles Bonuses; Increases Health Benefits and Protections for Frontline Workers
SPRINGDALE, Ark. � April 29, 2020 � As part of ongoing efforts to support frontline workers during the COVID-19 pandemic, Tyson Foods, Inc. (NYSE: TSN) is doubling bonuses, increasing short-term disability coverage and is also implementing additional health screening measures.
The company is moving up the first $500 bonus payment to early May. The second $500 bonus will be paid in July.
Meat Generosity
london red 19:19 GMT April 29, 2020
Wednesday Amazing Trader April 29, 2020
he has learnt to make everything a positive. he likes his compliment sandwich in which he encases any negative $hit in an effort to make it disappear
Mtl JP 19:07 GMT April 29, 2020
Wednesday Amazing Trader April 29, 2020
he s just talked to my earlier point I made about spraying "money" to the peasants instead of corps but he appears to have NO plan to help consumer spend
london red 18:57 GMT April 29, 2020
Wednesday Amazing Trader April 29, 2020
all but certain CB. all u can say is that next month they will trade in to this months range. so if gaps higher after 30th, it will go up and then will come down, however high it may go first.
Mtl JP 18:56 GMT April 29, 2020
eurusd
maybe no no mention of negative rates but forceful and massive meddling "measures" on the table
HK Kevin 18:50 GMT April 29, 2020
AUD & NZDTwin
Reply
Sold AUD at 0.6550 and NZD at 0.6131. Stop protected in place.
Tallinn viies 18:38 GMT April 29, 2020
eurusd
Reply
no mention negative rates...
sold euro at 10871. stop and reverse at 1.0901
target 1-0815-20
london red 18:33 GMT April 29, 2020
Wednesday Amazing Trader April 29, 2020
supermarket 7-11 types all doing well, but thats in the price. going forward higher prices doesnt mean higher margins, may mean less sold due to slowdown
dc CB 18:23 GMT April 29, 2020
Wednesday Amazing Trader April 29, 2020
so if Powell were hated as much as Trump...the upcoming presser would be a vipers nest of hostile 'reporters' looking for that Viral Twitter moment that would get them high-fives back at the office and maybe a spot in CNN.
lol
london red 18:17 GMT April 29, 2020
Wednesday Amazing Trader April 29, 2020
JP, skynet never sleeps.
2934 successful for now, long tail reqd at top of hour to tgt new hod. ndx has 9k in its sights, the mar 3rd swing high.
london red 18:05 GMT April 29, 2020
Wednesday Amazing Trader April 29, 2020
fed about economy going fwd doesnt know $hit, didnt know $hit to begin with. they realised now just talk is fine on the way up. if mkt turns lower at some point of walking back or real economy recovery, then they will do more than talk. for now talk is enough til reopening and a couple of months down the line.
2934 key sup (they will want to close abv there to give ctas a wet dream) then 2910 flash. if below there its lights out but only for today. the fed has ur back.
dc CB 17:52 GMT April 29, 2020
This corona is a badge of shame on AI
just leave them laughing
Governor Phil Murphy✔@GovMurphy
BREAKING: Today, I will sign an executive order to:
🏞️Reopen New Jersey�s state parks
⛳Allow golf courses and county parks to reopen
This order will take effect at sunrise on Saturday, May 2nd. Social distancing will continue to be mandated.
Amman wfakhoury 17:50 GMT April 29, 2020
GBPUSD After FED
Reply
Any rise above 12480 will return to it.
Sell above 12480.
The only one in the world who confirms the next level and every hour movement
Paris ib 17:39 GMT April 29, 2020
This corona is a badge of shame on AI
CB I wouldn't be so negative. This is also a massive opportunity.
Of course IMVHO the U.S. has to trim back military spending so it can spend on more useful domestic programmes.
Paris ib 17:38 GMT April 29, 2020
This corona is a badge of shame on AI
.......................Deaths..... Pop. .......Deaths by million
Italy.................27,359......60.43......452.73
France..............23,660......66.99......353.20
United Kingdom 21,678......66.49......326.04
Sweden..............2,355......10.18......231.26
Switzerland.........1,699........8.52......199.49
United States.....58,264....327.17......178.09
Japan....................394....126.53.........3.11
Japan - which did not go into lockdown - is the outlier. Was the Lockdown necessary? NO but it sure was a great back story
The data
dc CB 17:37 GMT April 29, 2020
This corona is a badge of shame on AI
ib
it's f*(king war. The West is on its knees inside of 4 months. We can't even make aspirin or face masks. ---we lost the first engagement.
Paris ib 17:33 GMT April 29, 2020
The Key to the Post Covid World
CB so I misread you. I think the whole thing is a SCAM and I think it fails. I am only wondering how long it takes for the fallout.
Paris ib 17:32 GMT April 29, 2020
This corona is a badge of shame on AI
CB in my opinion it was cover for a financial bail out. It's doubtful we even have evidence to support the idea there was a Pandemic.
Deaths Pop. Deaths by million
Italy 27,359 60.43 452.73
France 23,660 66.99 353.20
United Kingdom 21,678 66.49 326.04
Sweden 2,355 10.18 231.26
Switzerland 1,699 8.52 199.49
United States 58,264 327.17 178.09
Japan 394 126.53 3.11
Japan never went into lockdown. Italy padded its deaths, for sure. No question, any death was COVID. Sweden saw less deaths than the UK.
The real question is WHY was this necessary. And you only have to look at the policy response to understand:
1. Massive Corporate Bailout
2. Massive attack on trading with China... yada, yada, yada
3. FED gets to print to buy Treasuries
If the whole thing is successful (the world buys it the U.S. remains solvent) then everything is cool. But the international political environment would suggest that is unlikely.
But hey what would I know? If I'm right: USD bearish
The data
dc CB 17:30 GMT April 29, 2020
The Key to the Post Covid World
Paris ib
CB... u pi.sed off? It's their forum.
???? ...what rules??? You're the one saying that no one will buy Treas and the USD is toast....
The FED prints, the Treas sells debt, the FRBNY buys that debt back in a matter of weeks. Risk free padding for your enerally insolvent european bank...What's not to like.
london red 17:25 GMT April 29, 2020
Wednesday Amazing Trader April 29, 2020
CB, it all means less these days. the fed IS the mkt. and fwiw since they have for years been stealth buying us treasuries offshore in europe, even before the days of QE, who is to say there is no slush fund mopping up stocks. and since these guys are buying down to hyg, there is not much to analise expect how much long should i go.
dc CB 17:20 GMT April 29, 2020
This corona is a badge of shame on AI
Update (1240ET):
WHO officially endorsed the approach taken by Sweden, the latest flip flop from an organization that has done more than its fair share to confuse people with guidance that's constantly changing.
The director of the WHO's health emergencies program said the notion that Sweden hadn't done much to combat the virus is simply not true.
Sweden has put in place a "very strong public health policy", said Dr. Mike Ryan. Unlike many other countries, Sweden chose to rely on its "relationship with its citizenry" and trust them to self-regulate. Its healthcare system has not been overwhelmed, he said, adding that its approach could be a "model" for other countries when lockdowns begin to relax. "There are lessons to be learnt by our colleagues in Sweden."
Paris ib 17:17 GMT April 29, 2020
The Key to the Post Covid World
CB... u pi.sed off? It's their forum, they make the rules :-))
What we are all sitting here waiting for is to see how the financial system copes with these new developments. The USD is a good a litmus test as any, provided you think that market is not manipulated.
Michael Hudson
dc CB 17:14 GMT April 29, 2020
Wednesday Amazing Trader April 29, 2020
Today�s FOMC press conference is essentially a confidence game in which the Fed will repeat its readiness to act as appropriate to offset the current crisis and avoid a market crash, and where all difficult questions on the sustainability of the Fed's policies will be avoided. ZeroHedge
No doubt.
dc CB 17:08 GMT April 29, 2020
The Key to the Post Covid World
oh I forgot--- paying attention to the Actual US Treas Auction results...nuttin to do wit currencies...not part of the 'thing' here.
Only mentioned when someone wants to make a case for a USD crash.
Mtl JP 17:07 GMT April 29, 2020
Wednesday Amazing Trader April 29, 2020
coming up at top of the hour
-
FOMC Rate Decision 25% vs 0.25%
Interest Rate on Excess Reserves 0.10% vs 0.10%
then at bottom of hour
Powell Holds Post-FOMC Meeting Press Conference
dc CB 17:05 GMT April 29, 2020
The Key to the Post Covid World
the USD will range--it ain't gonna collapse near term.
The 3 auctions that went off in the last 2 days, the 2,5,and 7 were are rec low interest and bought with both hands by 'indirects' (code word for the foreigners). U can't buy Treas with pounds,euros,yen rigbat, subway tokens.
Now Biden in the Oval? Means a hinky election for many--'he's not my president redux but with the partiiii labels swapped (imho), which means a big spanner thrown into the mix.
And that is gettin' near, can just spy the sails peaking over the horizon.
Paris ib 16:56 GMT April 29, 2020
The Key to the Post Covid World
Reply
The key to how this turns out will be the U.S. Treasury market. It looks like around 1 trillion USD in paper - give or take - will need to be auctioned each month - every month - for the rest of the year. That estimate includes debt rolling over, the existing deficit and now this massive Covid related programme.
It's doubtful any substantial new foreign buyers will turn up to the auctions. China knows by now, or should, that they aren't getting their money back. I wonder if the Japanese recognise the fact that the U.S. can't make good on the money and won't bother trying. In any case the Japanese trade surplus has all but disappeared and they have no new money to export. The Russians bailed on the U.S. Treasury market a while back.
August 2019 and September 2019 were interesting months on the U.S. Treasury market. Now the FED can buy Treasuries it is unlikely that we will see quite the same kind of fireworks. But it doesn't mean that these auctions will be a walk in the park.
It looks like we're back to USD watching. I remain bearish.
Three Months Hence - Michael Hudson
dc CB 16:53 GMT April 29, 2020
This corona is a badge of shame on AI
NY daily Cuomo update presser.
Andrew Cuomo ✔@NYGovCuomo
New York State has tested over 2,000 first responders for COVID-19 antibodies.
Preliminary results:
FDNY/EMT: 17.1% positive
NYPD: 10.5% positive
11:47 AM - Apr 29, 2020
Andrew Cuomo✔ @NYGovCuomo
We must make reopening decisions based on fact.
No politics.
No spin.
No emotion.
No conspiracies.
Just the facts and the data and the science.
11:43 AM - Apr 29, 2020
london red 16:40 GMT April 29, 2020
Wednesday Amazing Trader April 29, 2020
JP, little skill to it when its a one way mkt. u just look up to nxt level, then next. but as i always say, may as well profit from it.
look for things hard enough and you might find them but cant see much at 2950 expect a round number. often they pause here. but sup shud now be strong by 2934. then is line in sand for todays rally now.
Mtl JP 16:27 GMT April 29, 2020
Wednesday Amazing Trader April 29, 2020
red 15:46 ya 3-4 more trillions -> 10 trillion book
maybe more. does / would it matter somehow in a negative way ?
I think ben said , some time ago, that the FED can easily let things on the book expire in some dark out-of-sight corner and hardly anyone be wiser of it. makes sense ?
london red 16:13 GMT April 29, 2020
Wednesday Amazing Trader April 29, 2020
marginal risk of st high this hour but if they manage to get a strong hourly close then they should be ok til the close. since day is more than 2% remember the 15:50 train. the new 15:30. folks front run it. works 90% of the time.
london red 15:46 GMT April 29, 2020
Wednesday Amazing Trader April 29, 2020
maybe so but remember stocks dont have much to do with economy any more, so while we will all need to do our bit to help those most at risk stay safe this winter, its quite possible that with another 4-5 trillion expansion of fed bal sheet, stocks hit 3500
AT Trader john 15:44 GMT April 29, 2020
Thursday Amazing Trader 29 April 2020
Reply
GVI Trading. Potential Price Risk Scale
AA: Major, A: High, B: Medium
AA 18:00 US- Fed Decision
Thu 30 Apr 2019
A 06:00 DE- Retail Sales
A 07:55 DE- Employment
A 08:55 EZ- GDP
AA 11:45/12:45 EZ- ECB Decision
B 12:30 CA- GDP
A 12:30 US- Personal Income
A 12:30 US- Weekly Jobless
A 13:45 US- Chicago PMI
Fri 1 May 2019
May Day Holiday- many
Final Mfg PMIs all day
Mtl JP 15:05 GMT April 29, 2020
Wednesday Amazing Trader April 29, 2020
I am conjuring "hopium" that powell will emphasize that he and his gang will continue spraying the market with nihilo "money" even at risk of over-spraying. I am thinking the market is expecting to see "what-ever it takes" or "unlimited" or some very close synonym, invoking fighting corona_v as rational justification
london red 14:54 GMT April 29, 2020
Wednesday Amazing Trader April 29, 2020
nice looking chart
march 11 to april 6,a cup and handle, notice spike higher once handle built. similar yet larger pattern now in play, can certainly do 3200 or even fill gap to 3328. to trigger you expect u need a daily close over 2934.
london red 14:50 GMT April 29, 2020
Wednesday Amazing Trader April 29, 2020
since the ratings agencies were late in 2008, nobody gives two $hits what they say or do anymore. in any case, they are lead these days.
also still a shed load of 108-10860 expiries shackling euro.
Mtl JP 14:42 GMT April 29, 2020
Wednesday Amazing Trader April 29, 2020
EURO 1.0847
-
priceaction suggests that Italy downgrade was not and is not in players' algo formulae
or that Fitch does not carry the weight it thinks it did
Mtl JP 14:32 GMT April 29, 2020
Breaking News
Pending = means folks waiting to be approved - or not - for mortgage by grace of some credit manager
PAR 14:13 GMT April 29, 2020
Breaking News
Who is interested in buying a house at the moment?
Still, a lot of people it looks like.
AT Trader john 14:02 GMT April 29, 2020
Breaking News
very weak data worse than forecast.
AT Trader john 14:00 GMT April 29, 2020
Breaking News
U.S. Pending Homes Sales March, 2020
ALERT
-20.8% vs. -12.50% exp. vs. -2.40% (r ) prev.
london red 13:53 GMT April 29, 2020
Breaking News
kevin, bad news is priced in (gdp), good news is never yet priced in (gilead) always buy the dip.
fwiw gileads drug is just a treatment once u have it and ideally needs to be caught early to save any adverse effect from virus.
HK Kevin 13:09 GMT April 29, 2020
Breaking News
I guess stock market players expect more stimulants from FED admist worse-than-exepected Q1 GBP
london red 12:59 GMT April 29, 2020
Breaking News
ft100 channel 6146
Mtl JP 12:59 GMT April 29, 2020
Breaking News
bit old now so fwiw:
Stock futures jump after positive data on Gilead coronavirus treatment - CNBC on MSN.com� 28 minutes ago
london red 12:59 GMT April 29, 2020
Breaking News
2934 61.8 fib. then 2999 gap then 3006/21. final gap is at 3328. sup 2850
AT Trader john 12:37 GMT April 29, 2020
Breaking News
GDP was initially reported wrong as positive (not negative) on some of the newswires.
GVI Forex 12:09 GMT April 29, 2020
cable
Amazing Trader one hour chart shows supports from 1.2354 with a key trendline above those levels at 1.2360 currently.
The Amazing Trader
Swiss Frank 11:56 GMT April 29, 2020
cable
It better....
kl fs 11:39 GMT April 29, 2020
cable
Reply
can 12370-12390 provide support?
AT Trader john 09:11 GMT April 29, 2020
Wednesday Amazing Trader April 29, 2020
Wednesday
DJ: +149
SP: +20.2
2-yr 0.203% -0.6%
Spread 10s-2s +40.0 bps (+40.2 bps)
10-yr
US: 0.603% -0.7
UK: 0.278% -0.1
DE: -0.479% -1.
EURUSD MACRO TREND: NEGATIVE-NEUTRAL
Spots (Prev day Pivot Pt)
EURUSD 1.0864 (1.0844)
GBPUSD 1.2438 (1.2452)
EURGBP 0.8736 (0.8716)
USDJPY 106.50 (106.93)
This Week 1.0885-1.0810 (75 pips)
wed: 1.0874-1.0817 (57)
tue: 1.0890-1.0810 (75)
mon: 1.0859-1.0811 (48)
fri: 1.0819-1.0727 (92)
thu: 1.0845-1.0756 (89)
Sign up now for your invaluable report
How To Turn Your Forex Trading Into A Business
20-day avg: 1.0866
50-day avg: 1.0951
100-day avg: 1.1009
200-day avg: 1.1036
Global-View Daily Trading Chart Points
AT Trader john 08:56 GMT April 29, 2020
Wednesday Amazing Trader April 29, 2020
GVI Trading. Potential Price Risk Scale
AA: Major, A: High, B: Medium
Wed 29 Apr 2020
A 12:30 AU- CPI
A 12:30 US- GDP
B 14:00 US- Pending Homes
A 14:30 US- EIA Crude
AA 18:00 US- Fed Decision
Thu 30 Apr 2019
A 06:00 DE- Retail Sales
A 07:55 DE- Employment
A 08:55 EZ- GDP
AA 11:45/12:45 EZ- ECB Decision
B 12:30 CA- GDP
A 12:30 US- Personal Income
A 12:30 US- Weekly Jobless
A 13:45 US- Chicago PMI
Fri 1 May 2019
May Day Holiday- many
Final Mfg PMIs all day
Paris ib 07:59 GMT April 29, 2020
Breaking News
Do the morons really think Hillary is electable? In what universe? These people need to get out more.
PAR 07:47 GMT April 29, 2020
CORONACRISIS
Reply
Most countries that are handling the Coronacrisis well are run by WOMEN. Germany is the best example.
swiss frank 07:00 GMT April 29, 2020
Kill the messengers
Still no confirmation of $72,000 universal income apparently. This whole crisis management would be a lot smoother if the Greenland purchase would have gone through and people could have been reallocated there.
Meanwhile usd/jpy still looks like 105 is possible. Golden week very soon. Maybe.
� still waiting for the rogue month end flow to sell (close yesterday but not quite).
aud and nzd look like fun soon comes to an end.
Sydney ACC 05:18 GMT April 29, 2020
Kill the messengers
Five million a day - that's got to be impossible.
If it takes 1o minutes to process one person over an eight hour day that would be 48 people. To do five million you'd need 104,165 health workers.
France is aiming for 700k over a week.
Mtl JP 00:38 GMT April 29, 2020
Kill the messengers
Trump says US will be able to run 5 million coronavirus tests per day �very soon� - cnbc
We are starting an affiliate program to market some of our products.