Mtl JP 22:44 GMT July 14, 2020
Tuesday Amazing Trader 14 July 2020
06:30 Trump says he has no plans to speak to China's Xi
05:55 U.S. Ends Preferential Treatment for Hong Kong
05:46 Trump signs bill holding China accountable for 'oppressive actions' in Hong Kong
- MarketWatch
dc CB 22:17 GMT July 14, 2020
Covid-19 update
US equity markets are higher after-hours following news that Moderna’s potential COVID-19 vaccine produced immune responses in patients in the early stage trial, according to results published in a peer-reviewed journal for the first time.
The US biotech company’s vaccine candidate produced antibodies in all 45 participants in the first cohort of the phase one trial run by the National Institutes of Health, while the paper said there were no safety problems that could curtail further trials.
THEN---Dr DOOM sez:
Finally, we give the last word to Dr.Fauci who dropped this little missed tape-bomb after hours - "I hope any COVID-19 vaccine will last a full season."
(which begs the question---WHO is Dr Doom's paymaster?)
Go for it ALGOs and Robinhooders. lol
Mtl JP 22:14 GMT July 14, 2020
Tuesday Amazing Trader 14 July 2020
so an "adverse" time would be , for example, the FEDs somehow for some reason stepping back from buying the banks' bags of kakka ?
Mtl JP 22:11 GMT July 14, 2020
Covid-19 update
there is going to be NO covid vaccine
at least until mid 2021 at best
in the meantime any market reaction to some such
is an SoB
dc CB 21:32 GMT July 14, 2020
Wednesday Amazing Trader 15 July 2020
US Crude
API
Crude -8.322mm (-2.1mm exp)
Cushing +548k
Gasoline -3.611mm (-2.0mm exp)
Distillates +3.03mm (+1.1mm exp)
(ZH)
dc CB 21:23 GMT July 14, 2020
Tuesday Amazing Trader 14 July 2020
Mtl JP 14:14 GMT 07/14/2020
what do you think "adverse" time means ?
_______________________________________
ZH has a few thots on that.
as the first three reporting banks revealed today, the economic situation - as observed by the same banks that have the bird's eye view over the economy and what is coming, in the form of non-payment on their existing loans - is about to get far worse, and as shown in the chart below, Q2 loss provisions surged from Q1 - just as we said they wold.
Banks Brace For A Historic Crash With Record Loss Provisions
dc CB 21:09 GMT July 14, 2020
HUAWEI - TESLA
A Tesla on Autopilot smashed into the back of a patrol vehicle on the side of the road near Benson, Arizona today, according to Arizona's Department of Public Safety Twitter feed.
"Today, a Tesla rear-ended a patrol vehicle at the scene of an earlier crash on I-10 EB near Benson. Luckily, our sergeant wasn’t in the vehicle & wasn't hurt," the tweet says.
In addition to being on Autopilot, the driver of the vehicle is being investigated for DUI, according to the Arizona DPS.
"We can confirm the driver indicated to troopers the Tesla was on autopilot at the time of the collision. Additionally, the driver, a 23-year-old male from Irvine, CA, is being investigated for DUI. He remains in the hospital with serious but non-life-threatening injuries," they commented on Twitter.
"The impact caused the patrol vehicle to collide with the back of an ambulance, but fortunately the occupants of the ambulance weren’t injured. The driver of the Tesla had non-life-threatening injuries. Please AZ - #MoveOver! It’s the law & it helps everyone get home safely," the Arizona DPS wrote.
ZeroHedge
AT Trader john 20:04 GMT July 14, 2020
Wednesday Amazing Trader 15 July 2020
LATE Tuesday: RISK-ON
DJ: 26,644 +558
SP: 3,198.6 +42.4
2-yr 1.530% +16.2 bps
Spread 10s-2s +48.2 bps (+45.7 bps)
10-yr
US: 0.612% -1.8
UK: 0.152% +0.2
DE: -0.443% -0.2
EURUSD MACRO TREND: POSITIVE
Spots (Pivot Point prev day)
EURUSD 1.1395 (1.1377)
GBPUSD 1.2553 (1.2533)
EURGBP 0.9076 (0.9203)
USDJPY 107.18 (107.24)
This Week 1.1410-1.1301 (109 pips)
tue: 1.1410-1.1325 (85)
mon: 1.1375-1.1301 (74)
fri: 1.1325-1.1255 (70)
thu: 1.1371-1.1286 (85)
wed: 1.1352-1.1263 (89)
20-day avg: 1.1261
50-day avg: 1.1134
100-day avg: 1.1043
200-day avg: 1.1050
Global-View Daily Trading Chart Points
dc CB 19:02 GMT July 14, 2020
Covid-19 update
Tedros announces that WHO has determined that a single gunman was responsible for the 1963 assaination in Dallas
dc CB 19:00 GMT July 14, 2020
Covid-19 update
The World Health Organisation announced Monday that it will not be visiting the Wuhan Institute of Virology during its investigation into the origins of the coronavirus, despite the fact that the lab held samples of coronavirus that were almost exactly the same as that which caused a global pandemic.
The WHO stated that its mission will only seek to “advance the understanding of animal hosts for Covid-19 and ascertain how the disease jumped between animals and humans”.
Indpendent, UK
Wuhan lab that researches Covid-19 will not be visited by WHO investigators looking into origin of virus
Mtl JP 18:59 GMT July 14, 2020
Tuesday Amazing Trader 14 July 2020
experts. experts say
-
"Group of former CDC heads say no president has ever politicized the leading U.S. health agency the way Trump has
‘Sound science is being challenged with partisan potshots, sowing confusion and mistrust at a time when the American people need leadership, expertise and clarity,’ say four health experts"
bring on biden ?
Mtl JP 18:56 GMT July 14, 2020
Tuesday Amazing Trader 14 July 2020
sofar not being priced-in:
Pelosi raised the possibility House lawmakers will delay their August break until a deal is reached on a new coronavirus bill including an extension of more-generous jobless benefits.
- on CNN
dc CB 18:11 GMT July 14, 2020
HUAWEI - TESLA
Tesla is a sideshow(gaslighting) for Musk's important bidness ---- 5G and lord who knows what else it can do.
SpaceX Starlink Sats----10s of thouseands of them.
PAR 17:50 GMT July 14, 2020
HUAWEI - TESLA
Reply
Tesla using Chinese battery technology and Google map services. Not really spy proof?
Mtl JP 17:35 GMT July 14, 2020
this is good one...
so ... The two survivors are now infectious virus experts ?
dc CB 17:12 GMT July 14, 2020
this is good one...
Today's FEAR.
Three teachers who shared a classroom in Arizona for two hours a day teaching online classes during the pandemic all got Covid-19. One of them died.
The two survivors say that it's not yet safe for kids or teachers to return to the classroom.
10:04 AM · Jul 14, 2020
CNN twitter
Toronto Abb 16:02 GMT July 14, 2020
brent
Reply
brent big chance to see 44 now price 42.80 ..
lets see
AT Trader john 15:31 GMT July 14, 2020
Wednesday Amazing Trader 15 July 2020
Reply
GVI Trading. Potential Price Risk Scale
AA: Major, A: High, B: Medium
Wed 15 July 2020
A 06:00 GB- CPI
A 12:30 US- Empire PMI
A 13:15 US- Industrial Production
AA 06:00 CA- BOC Decision
A 16:00 US- EIA Crude
AA 20:30 AU- Employment
Thu 16 July 2020
A 06:00 GB- Employment
AA 11:45 EZ- ECB Decision
A 12:30 US- Weekly Jobless
AA 12:30 US- Retail Sales
A 12:30 US- Philly Fed
Fri 17 July 2020
AA 09:00 EZ- Final HICP
AA 12:30 US- House Starts/Permits
AA 14:00 US- Prelim Univ of Michigan
dc CB 15:30 GMT July 14, 2020
Covid-19 update
NY Gov Andrew Cuomo added New Mexico, Minnesota, Ohio and Wisconsin to the list of state's where travelers must quarantine for 2 weeks if traveling to NY, CT or NJ. Meanwhile, Delaware has been removed.
dc CB 15:25 GMT July 14, 2020
Covid-19 update
Update (1100ET): Music venues and other event spaces are going to have a hard time surviving now that Philly has reportedly banned all large public events until Feb. 21.
Here's more from 6ABC:
The City of Philadelphia will not permit any large public events for the next several months as the COVID-19 pandemic continues.
Action News has learned that order will be in effect through February 28, 2021.
The fate of any events that would potentially be impacted was not immediately known.
More details are expected at a city news conference at 1 p.m.
The move follows a similar decision by NYC Mayor Bill de Blasio, who ordered all large public events cancelled for the time being.
Mtl JP 14:14 GMT July 14, 2020
Tuesday Amazing Trader 14 July 2020
what do you think "adverse" time means ?
It is not like any of the financial ilk is in line as
Supreme Court Permits First Federal Executions Since 2003
Trump administration has scheduled three inmates to be put to death this week - wsj
london red 14:10 GMT July 14, 2020
Tuesday Amazing Trader 14 July 2020
Mtl JP 13:03 GMT 07/14/2020
like i thought, he wont dare. hes got know idea what that bank is gonna do in a week let alone the next quarter. or at least, he knows, just dont wanna say. we all know. but nobodys talks about it.
Mtl JP 13:21 GMT July 14, 2020
Tuesday Amazing Trader 14 July 2020
GBP 1.2500
-
currently bears r in charge
see how solid 1.25 is as Sup
below likely S at 1.2450
Res.: 1.2550/75/1.26
Mtl JP 13:11 GMT July 14, 2020
Tuesday Amazing Trader 14 July 2020
EURO 1.1372
-
Slightly bullish. Maybe looking to touch / pierce ? 75 maybe go after 1.14
R above that 1.1420/25
S about 50 pips below current quote
Mtl JP 13:03 GMT July 14, 2020
Tuesday Amazing Trader 14 July 2020
red 11:59 fwd gudiance pls
-
here ya go, aim to please:
08:53 - J.P. Morgan CEO Dimon: We're not predicting adverse times, we're just prepared for them - MarketWatch
Mtl JP 12:47 GMT July 14, 2020
Tuesday Amazing Trader 14 July 2020
red your dare for forward guidance:
below link to janet "failed policymaker" yellen who
- congratulated the Fed’s acting “quickly and forcefully” by dropping interest rates and buying about $US3 trillion ($4.3 trillion) worth of assets
- claims that:
-- “We’ve got a health crisis causing an economic crisis, but we don’t have a financial crisis."
-- “There are limits to what the Fed can do to protect investors for losses. The market seems not to be fully pricing in the downside risks.”
- she is “very worried about the degree of fiscal support, which we truly need to keep the recovery going. And I don’t know if that’s going to be there.”
awwhhh.. see link to the interview below:
Magellan In Conversation - With Janet Yellen
AT Trader john 12:31 GMT July 14, 2020
BREAKING NEWS
Reply
U.S. CPI June 2020
ALERT
Headline:
m/m:+0.60 vs. +0.50% exp. v -0.10% pre
y/y: +0.60% vs. +0.60% exp. v -0.10% pre
Core:
y/y:+1.20% vs. +1.10% exp. v +1.20% pre
RELEASE: Consumer Price Index
PAR 12:10 GMT July 14, 2020
BANKS
Reply
Most US banks are doing great while most European banks are struggling. The ECB's negative interest rate policies are decimating the capacities of the European banking sector.
When something does not work it should be stopped asap.
Lagarde as Cruela de Vil keeps assuring everybody that her sadistic negative interest rate policy will eventually work while everybody realizes it is just a transfer from hard-working savers to reckless spending governments.
Mtl JP 11:19 GMT July 14, 2020
Tuesday Amazing Trader 14 July 2020
Pic of equity types as we head into
Too big to fail
start reporting today, tuesday
before the bell:
Citigroup, JPMorgan Chase, Wells Fargo
later in the week:
Goldman Sachs, Bank of America, Morgan Stanley
06:57 J.P. Morgan Chase's stock jumps 1.4% premarket after Q2 results
- MarketWatch
dc CB 11:04 GMT July 14, 2020
Tuesday Amazing Trader 14 July 2020
BBG:
Joe Biden on Tuesday will call for setting a 100% clean-electricity standard by 2035 and investing $2 trillion over four years on clean energy, three people familiar with his plan said Monday.
The Democratic nominee’s new commitments mark a clear shift toward progressives’ environmental priorities and cutting the use of fossil fuels. The people briefed on his plan spoke on the condition of anonymity ahead of its formal rollout Tuesday in Wilmington, Delaware.
The $2 trillion in spending across four years is in place of the more modest $1.7 trillion over 10 years plan that Biden proposed last year while fighting for the nomination. Most of that investments in the new proposal would be one-time costs with the goal of spending the money to the maximum extent possible during those four years.
London Trader 10:56 GMT July 14, 2020
GBP
Reply
Look at eurgbp... explains eurusd (higher) and gbpusd (lower)
jkt abel 10:37 GMT July 14, 2020
sell gold?
Reply
now what, keeps below 1800....
Mtl JP 09:50 GMT July 14, 2020
ECB LAGARDE PONZI MAFIA
red 07:56 So under no citcumstanes can yields rise. Make sure you have a bolt hole somewhere out of the way.
For yields to rise, all that has to happen is for bonds to sell off.
Can they ? Do they ? IF not , why not - what is preventing a sell-off ?
Lets-see...
- Stocks tank, bonds stay pat. -> players go to "cash"
- Have there been, are there .. moments when folks do not get bids for their bonds (in other words zero offers for their treasuries they want to sell ? -> why... and what does it mean ?
Gloats IFM's Tao Zhang, IMF Deputy Managing Director (JP 15:10):
..."Global fiscal support now stands at over $10 trillion. In addition, major central banks have provided substantial additional stimulus via interest rate cuts, liquidity injections, and asset purchases, which has eased financial conditions. In many countries, these measures have succeeded in supporting people and preventing large-scale bankruptcies, thus helping to reduce lasting scars and aiding the recovery." .../.. (self pat-pat on Tao's back, applause)
... "In the beginning the peasants gloated over the shower of paper money for which they had sold their butter and eggs, and which made them profiteers. However, when they brought their bursting wallets to town to make purchases, they discovered to their exasperation that while they had merely quintupled normal prices, the scythe, the hammer, the kettle which they had come to buy had meanwhile risen twenty or fifty times in price. Thereafter ...
- The World of Yesterday, by Stefan Zweig
AT Trader john 09:02 GMT July 14, 2020
Tuesday Amazing Trader 14 July 2020
German ZEW Survey July 2020
NEWS ALERT
Current Situation (Sentiment): -80.9 vs. -63.0 exp. vs. -83.1 prev.
Expectations: 59.3 vs. 60 exp. vs. 63.4 prev.
AT Trader john 08:32 GMT July 14, 2020
Tuesday Amazing Trader 14 July 2020
Tuesday: RISK-ON
DJ: 26,045 +82
SP: 3,155.0 +10.0
2-yr 1.553% -0.6 bps
Spread 10s-2s +48.9 bps (+48.2bps)
10-yr
US: 0.622% -1.8
UK: 0.157% -2.9
DE: -0.433% -2.8
EURUSD MACRO TREND: POSITIVE
Spots (Pivot Point prev day)
EURUSD 1.1339 (1.1344)
GBPUSD 1.2510 (1.2604)
EURGBP 0.9062 (0.9003)
USDJPY 107.28 (107.12)
This Week 1.1375-1.1301 (74 pips)
tue: 1.1350-1.1325 (25)
mon: 1.1375-1.1301 (74)
fri: 1.1325-1.1255 (70)
thu: 1.1371-1.1286 (85)
wed: 1.1352-1.1263 (89)
20-day avg: 1.1256
50-day avg: 1.1124
100-day avg: 1.1038
200-day avg: 1.1048
Global-View Daily Trading Chart Points
PAR 08:22 GMT July 14, 2020
HUAWEI - TESLA
Reply
Be careful in what you wish for?
If the USA wants to destroy HUAWEI then CHINA could...
AT Trader john 08:12 GMT July 14, 2020
Tuesday Amazing Trader 14 July 2020
GVI Trading. Potential Price Risk Scale
AA: Major, A: High, B: Medium
Tue 14 July 2020
AA 06:00 UK- Trade, Output, GDP
A 09:00 DE- ZEW Survey
AA 09:00 EZ- Industrial Production
AA 12:30 US- CPI
Wed 15 July 2020
A 06:00 GB- CPI
AA 12:30 CA- CPI
A 12:30 US- Empire PMI
A 13:15 US- Industrial Production
AA 06:00 CA- BOC Decision
A 16:00 US- EIA Crude
AA 20:30 AU- Employment
Thu 16 July 2020
A 06:00 GB- Employment
AA< 11:45 EZ- ECB Decision
A 12:30 US- Weekly Jobless
AA 12:30 US- Retail Sales
A 12:30 US- Philly Fed
Fri 17 July 2020
AA 09:00 EZ- Final HICP
AA 12:30 US- House Starts/Permits
AA 14:00 US- Prelim Univ of Michigan
london red 07:56 GMT July 14, 2020
ECB LAGARDE PONZI MAFIA
Inflation has been with us for years and now will be felt even more strongly, even if government baskets are managed to show an official 1-2%. They cannot allow higher as that means higher debt service and in some cases default. So under no citcumstanes can yields rise. Thats wuite worrying cos they can and probably will. Make sure you have a bolt hole somewhere out of the way.
PAR 07:44 GMT July 14, 2020
ECB LAGARDE PONZI MAFIA
Reply
Do Europeans suffer from inflation?
European citizens suffer from massives financial repression.
Good morning from Germany, where the summer is getting expensive this year: In June, food prices continue to increase (+4.4%), drinks (Alcoholic beverages: +3.9%). Prices were up in particular for fruit (+11.1%) and for meat (+8.2%). Prices for restaurants and hotels rose by 2.1%
PAR 07:40 GMT July 14, 2020
TRUMP - KING OF DEBT
Reply
The US posted its worst budget deficit on record in June: The nation’s budget gap expanded to $864.1bn during the month, reflecting a record $1.1tn in outlays tied in large part to a surge in Paycheck Protection Program. https://bloomberg.com/news/articles/2020-07-13/u-s-posts-record-monthly-budget-gap-on-small-business-relief?sref=61mHmpU4
Mtl JP 03:08 GMT July 14, 2020
Tuesday Amazing Trader 14 July 2020
hmmm... what a sweet coincidence eh..
announce .. new shutdowns ...
turn the stop - 3231 - hunt around
just in time
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