dc CB 21:21 GMT May 1, 2020
Friday Amazing Trader 1 May 2020
Directly addressing the allegations that have upended his stalled campaign, former VP Joe Biden issued a statement denying sexual assault allegations made by Tara Reade - a former staffer who claims Biden digitally penetrated her against her wishes back in the early 1990s.
In the statement, Biden said the alleged assault "never happened" and that his papers at the University of Delaware include no mention of the incident.
The statement begins: "So I want to address allegations by a former staffer that I engaged in misconduct 27 years ago. They aren’t true. This never happened."
Mtl JP 20:50 GMT May 1, 2020
Friday Amazing Trader 1 May 2020
1.0979
-
looks like euro 1.10 is a contentious line while puppy will enter next week under its 200 day Res
Mtl JP 20:14 GMT May 1, 2020
Friday Amazing Trader 1 May 2020
(BLOOMBERG) Trump Says FDA Has Approved Gilead Drug for Emergency Use
(remdesivir is not earthshattering: apparently it helps hospitalized patients recover more quickly, i.e. in 10 days vs 14, but a welcome positive just the same)
Mtl JP 20:06 GMT May 1, 2020
Friday Amazing Trader 1 May 2020
Spukhafte Fernwirkung rofl... german has its own unique way of structure
-
starting to increasingly hear in msm rational justifiers why $praying economie$ is the "right thing" by various "experts"; the occasional critic being dismissed as kook
dc CB 18:41 GMT May 1, 2020
Friday Amazing Trader 1 May 2020
the Fed will also taper its MBS buying from $8 billion to $6 billion on average in MBS per day next week:
Mon: $6.16Bn from $8.213BN last Monday
Tue: $5.76BN from $7.68BN last Tuesday
Wed: $6.16BN from $8.213BN last Wednesday
Thur: $5.76BN from $7.68BN last Thursday
Fri: $6.16 from $8.213BN last Friday
May 4-8 POMO Treas sked
london red 18:29 GMT May 1, 2020
Friday Amazing Trader 1 May 2020
looks like sup a bridge too far to see today so like bugs bunny said thats all folks. last wks close 2837 but at least a fine wick on the wkly candle. its what worried me last week for bears (the tail in that case), so the omens are good for a test lower next week. as always u prefer them to go up first, then down if has a chance to stick. if we go down first (mon/tuesday), expect 2720/30 to hold.
Israel MacroMicro 18:21 GMT May 1, 2020
Friday Amazing Trader 1 May 2020
nothing extraordinary to say about the last 48hrs
next week's nfp hopefully to reach while we trade under 2666
let's see
dc CB 18:20 GMT May 1, 2020
Friday Amazing Trader 1 May 2020
ZeroHedge
Update (1340ET): Asked if his twitter remarks were vetted by the company, or if they were a joke, Musk responded with a cryptic "no".
That sounds like a pretty clear admission of being in violation of his agreement with the SEC to allow Tesla's board to approve all of his tweets pertaining to the company.
TESLA CEO, ASKED IF TWITTER REMARKS WERE VETTED OR A JOKE, SAYS 'NO'
TeslaCharts @TESLAcharts
Theory:
Elon wanted to crash the stock. The stock isn't down enough. This afternoon gets really interesting.$TSLAQ
1:38 PM - May 1, 2020
Musk Admits Violation Of SEC Deal: Says Tweets About Tesla Share Price Were Not Vetted
dc CB 18:09 GMT May 1, 2020
Friday Amazing Trader 1 May 2020
another clue to the Miracle that is TSLA.
(who's your daddy Elon?)
_______________________________________
Tesla cuts price for China-made Model 3 cars by 10% to qualify for subsidies
China had announced plans in 2015 to end subsidies for electric vehicles this year, but said in March it would extend them. However, it said the subsidies will apply only to passenger cars costing less than 300,000 yuan.
Reuters
london red 17:47 GMT May 1, 2020
Friday Amazing Trader 1 May 2020
cos at that level just fed is then as big as us yearly gdp. they wont be able to service it from ticket sales unless rates go under zero. and negative rates kills 90% of financial sector in us (the model cant cope with negative rates. eu is slightly diff, better suited but still cant make it work despite this)
Mtl JP 17:27 GMT May 1, 2020
Friday Amazing Trader 1 May 2020
Earlier today Tiff Macklem was appointed the new governor of BoC
choice getting generally positive accolades, at least publicly
HK Kevin 17:13 GMT May 1, 2020
Friday Amazing Trader 1 May 2020
london red 17:08 GMT, we have spent the money of the next 10th generations. My poor boys and girls!
london red 17:08 GMT May 1, 2020
Friday Amazing Trader 1 May 2020
or maybe they got this years gains (and bonuses) out the way early cos its gonna be a long slog before folks spend like they used to. fed expected to expand bal sht by "only" another 4 - 5 trillion. the first lasted barely a month. a lot of months til spring 2021. not sure fed bal sht can be expanded to 20 trillion.
HK Kevin 16:52 GMT May 1, 2020
Friday Amazing Trader 1 May 2020
Just a conspiracy theory. The equity market retraces over these 2 days as most people expected. Does trade really so easy? I suspect the big players will push the stock indicies to break previous high before a substantial correction. If that is the case, my expected target for AUD is 0.6650, while not closing below 0.6360 .
london red 16:51 GMT May 1, 2020
Friday Amazing Trader 1 May 2020
JP, a gap is a gap is a gap. all have need to be filled. the snp gap by 2537 is also a double gap. XTRA needy imo that sort.
Mtl JP 16:44 GMT May 1, 2020
Friday Amazing Trader 1 May 2020
why SnP is down only -2.64%:
DJT still only whimping against china:
-
Donald J. Trump
@realDonaldTrump
1h
Concast (@NBCNews) and Fake News @CNN
are going out of their way to say GREAT things about China. They are Chinese puppets who want to do business there. They use USA airwaves to help China. The Enemy of the People!
huff huff puff puff
dc CB 16:30 GMT May 1, 2020
Thursday Amazing Trader 30 April 2020
dc CB 20:56 GMT 04/30/2020
once a dweeb always a dweeb.
weightlifting steriods girl friend hollywood manse - dont mean a thing.
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
the House Judiciary Committee on Friday announced that it was launching an investigation into the company over whether it committed perjury during a Congressional hearing.
Seven bipartisan members of the committee said Friday in a letter to Bezos that if the WSJ's reporting is accurate, then it would appear that Amazon intentionally misled Congress.
Shares were off 6.4% on the news, adding to the market's woes during a session where traders are scrambling to cash out on last month's propulsive gains before the next shoe drops.
The probe will require Amazon CEO Jeff Bezos to testify before Congress, something he has previously resisted.
Bezos is the only CEO of the American Tech "big four" (Amazon, Apple, Google and Facebook) who has never before testified in front of Congress.
Amazon Shares Tumble 6.4% As House Launches Perjury Probe, Calls Bezos To Testify
Mtl JP 16:13 GMT May 1, 2020
Friday Amazing Trader 1 May 2020
USDCAD 1.4105, a nick sub 1.4119 Res
-
today, justin "admirer of China's 'basic dictatorship" trudeau announced a ban on ~1500 models of military-grade "assault-style" weapons in Canada, expertly claiming that "Banning these firearms will save Canadian lives." and that "You don't need an AR-15 to bring down a deer"
as of today in Quebec, may 1, peasants get their minimum wage legislated from $12.50/hr to $13.10/hr.
HK Kevin 14:52 GMT May 1, 2020
Thursday Amazing Trader 30 April 2020
Hourly close above 1.2565 will be safe for re-testing .2640 and even 1.2750.
My stop for short EUR survive for 2 pips. Closed short AUD earlier at 1.6432.
Mtl JP 14:15 GMT May 1, 2020
chinese communists' state secret
Reply
World Health Organisation (WHO) representative in China Gauden Galea told Sky News earlier in the day that Beijing had refused to let the WHO join the investigation into causes of the COVID-19 outbreak.
"The WHO would be keen to work with international partners and at the invitation of the Chinese government to participate in the investigation around the animal origins",
WHO spokesman Tarik Jasarevic told AFP in an email
swiss frank 14:05 GMT May 1, 2020
Friday Amazing Trader 1 May 2020
14:01
Yes: SNB buying eur/chf
No: Recent poll that shows more than 50% of Italians favor leaving the euro now.
Swiss Frank 14:03 GMT May 1, 2020
Friday Amazing Trader 1 May 2020
Or bigger picture is it expanding the zone on both sides around 1.10 with lower lows on last move down to 1.0750, will next move be up thru 1.10 -> 1.1150 on to 1.12, all within a contracting 1.0650-1.1450? Not clear to me.
Mtl JP 13:50 GMT May 1, 2020
Friday Amazing Trader 1 May 2020
EURO 1.0980
-
on the downside: puppy needs to break thru the yellow Amazing Trader (red) Supp zone
in order to open a "woosh" down
HK Kevin 13:49 GMT May 1, 2020
AUD & NZDTwin
Closed short NZD from 0.6131 at 0.6066. Keep short AUD for a while admist AUD/NZD downtrend. WIll try to cover short positions since it is not working well
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.
AT Trader john 13:46 GMT May 1, 2020
Breaking News
U.S. Markit final Mfg PMI April 2020
ALERT
36.1 vs. 36.9 exp. vs. 36.9 prev.
Mtl JP 13:39 GMT May 1, 2020
Friday Amazing Trader 1 May 2020
EURO 1.0980
-
Currently capping euro some techs:
- 100 day 1.1004
- april 14th 1.09899 high
- 61.8% Fib at 1.0997
above all that is 200 day 1.1033
Pasig evan 13:39 GMT May 1, 2020
Breaking News
EURUSD
Entry: Target: Stop:
Kevin, thanks again. Prefer to watch your trade. Good luck too!
HK Kevin 13:33 GMT May 1, 2020
Breaking News
Pasig evan 12:45 GMT, good luck. You know I have short EUR earlier.
Mtl JP 13:32 GMT May 1, 2020
Friday Amazing Trader 1 May 2020
Last evening poloz shared why spraying market with gigagobs of "money" is the right thing to do. (earlier trudeau said essentially the same thing just in a more "progressive liberal" way when he tried to justify what looks like is going to be at least a $255 billion deficit)
keywords:
credit crunch; deflationary shock; no inflation; reverse; sunny days; normalize
TeachablePoloz: Moments from the Pandemic
Mtl JP 13:18 GMT May 1, 2020
Friday Amazing Trader 1 May 2020
USDCAD 1.4000
-
Ottawa to appoint new Bank of Canada head on Friday - CBC.ca
5 mins ago - Finance Minister Bill Morneau is poised to announce the next governor of the Bank of Canada, changing the leadership of the country's central bank
Pasig evan 12:45 GMT May 1, 2020
Breaking News
GBPUSD
Entry: Target: Stop:
Kevin, thanks. Long Gbp and Gbp/Yen.
HK Kevin 12:25 GMT May 1, 2020
Breaking News
Pasig evan 10:54 GMT, watch EUR/GBP 0.8775 resistance for clue.
Mtl JP 12:22 GMT May 1, 2020
Friday Amazing Trader 1 May 2020
May 1 peasant celebration day
-
Montreal rent strike movement calls for solidarity
Mar 30, 2020 · A rent strike movement has arisen in Montreal, in Quebec, across Canada and globally to appeal to the governments and the banks to step in and declare a moratorium on rent and mortgage until the COVID-19 crisis has passed.
Thousands of Americans to take part in biggest rent strike in decades
NY Rent Strike Demands Cuomo Act Amid Coronavirus Crisis
'This isn't an acceptable reality': L.A. renters hit new levels of rage under coronavirus
Mtl JP 12:13 GMT May 1, 2020
Friday Amazing Trader 1 May 2020
Heading into NY
-
various speculations around which puppy uP or DOwn against the USD.
Simple bottom line:
DLRx needs to pierce thru S at 99.30
to see more DLR dump
Mtl JP 11:32 GMT May 1, 2020
Friday Amazing Trader 1 May 2020
Concensus is that, as percent of Global GDP
- china accounts for ~19%
- USA accounts for ~23%
China has - more than any other country in the world - 1.38 billion people to feed.
Mtl JP 11:19 GMT May 1, 2020
Friday Amazing Trader 1 May 2020
kind of whimpy:
Trump Eyes Order to Block Savings Fund From Chinese Stocks
Bloomberg·9 hours ago
Treasuries Rise After Trump Revives U.S.-China Trade War Fears
Bloomberg·2 hours ago
unless only the beginning
Pasig evan 10:54 GMT May 1, 2020
Breaking News
GBPUSD
Entry: Target: Stop:
Red, how abt Gbp? Is it a buy? What levels? TIA
london red 10:32 GMT May 1, 2020
Breaking News
euro channel today at 1.1001 with 100 and 200 dmas at 1.1005 and 1.1035. Should offer resistance for a pullback at least once.
HK Kevin 09:53 GMT May 1, 2020
AUD & NZDTwin
AUD & NZD stop lowered. Also sold EUR at 1.0983. Stop above 1.10
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.
AT Trader john 08:31 GMT May 1, 2020
Breaking News
GB Final Manufacturing PMI April 2020
U.K. Charts
-- NEWS ALERT --
32.6 vs. 32.8 exp. vs. 32.9 (r ) prev.
AT Trader john 08:22 GMT May 1, 2020
Friday Amazing Trader 1 May 2020
FRIDAY
DJ: -494
SP: -65.7
2-yr 0.186% -0.2%
Spread 10s-2s +42.0 bps (+41.5 bps)
10-yr
US: 0.601% -2.4
UK: 0.228% -0.3
DE: -0.581% -0.5
EURUSD MACRO TREND: POSITIVE
Spots (Pivot Point prev day)
EURUSD 1.0963 (1.0918)
GBPUSD 1.2535 (1.2554)
EURGBP 0.8744 (0.8703)
USDJPY 106.90 (106.88)
This Week 1.0972-1.0810 (162 pips)
fri: 1.0970-1.0935 (35)
thu: 1.0972-1.0835 (137)
wed: 1.0886-1.0817 (57)
tue: 1.0890-1.0810 (75)
mon: 1.0859-1.0811 (48)
Sign up now for your invaluable report
How To Turn Your Forex Trading Into A Business
20-day avg: 1.0864
50-day avg: 1.0954
100-day avg: 1.1004
200-day avg: 1.1033
Global-View Daily Trading Chart Points
AT Trader john 08:09 GMT May 1, 2020
Friday Amazing Trader 1 May 2020
GVI Trading. Potential Price Risk Scale
AA: Major, A: High, B: Medium
Fri 1 May 2019
May Day Holiday- many
Final Mfg PMIs all day
swiss frank 07:51 GMT May 1, 2020
yen
Reply
Meanwhile.... Rejection at 107.50 and we're back to 107.00 ish. Some symmetry here of which looks like failure sees drop to 106.00 area. No position as would rather wait to buy from lower as and when it comes.
PAR 05:44 GMT May 1, 2020
COVID-19
Reply
Trump thinks it originated in a Chinese lab.
China thinks it originated in an American lab.
So both think it originated in a lab.ight
Frightening.
PAR 05:27 GMT May 1, 2020
GOVERNMENTS
Reply
Governments don't create wealth.
Without economic activity governments run out of cash
and should stop paying high salaries and refocus on essential activities.
dc CB 00:38 GMT May 1, 2020
Friday Amazing Trader 1 May 2020
California Gov. Gavin Newsom has backed down from closing all beaches in the State of California, explaining to reporters and to local officials on Thursday that the closure would apply only to Orange County.
On Wednesday, Los Angeles Fox affiliate KTTV 11 reported that Newsom intended to close all beaches and state parks in the state, effective May 1. In his daily coronavirus press briefing, he said the “hard close” would only apply to Orange County.
dc CB 00:12 GMT May 1, 2020
Friday Amazing Trader 1 May 2020
The Michigan House of Representatives declined to extend Gov. Gretchen Whitmer’s state of emergency another 28 days, and INSTEAD VOTED on Thursday TO SUE HER.
Whitmer’s initial state of emergency order, which is separate from the stay-at-home order, expires on Thursday and requires legislative action to be lengthened.
Negotiations on that front fell apart on Wednesday when Whitmer refused to make any concessions on the matter, asserting she has the ultimate control of emergencies.
So the House voted to authorize Speaker Lee Chatfield to sue the governor, saying Whitmer’s “unchecked and undemocratic approach” is not the best way, ABC 12 reported.
“The current status quo relies on one-size-fits-all edicts that unfairly punish millions of people across the state without giving them any recourse or voice in the process,” Chatfield said.
“The people deserve a better solution, and we can provide it.”
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