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dc CB  20:28:57 GMT - 04/20/2020  
AT Trader john 18:58 GMT
Dennis Gartman called this near "Depreissonary Conditions".
__________________________________________________
dc CB 01:00 GMT April 20, 2020
Crude: Reply
expiring (Apr 21) May WTI contract with-as of Fri's Prelim figures- 109,379 contracts in Open Interest, is trading below $16.

The 'trading month' futures June is below $24----Yuge Yuge Brent-like spread between ---NOT GOOD AT ALL for The Depression that is here now.


AT Trader john  18:58:42 GMT - 04/20/2020  
Dennis Gartman called this near "Depreissonary Conditions".


AT Trader john  18:38:59 GMT - 04/20/2020  
May wti settled at -$37.63.


AT Trader john  18:32:53 GMT - 04/20/2020  
June wti crude tests below $20.00


dc CB  15:41:26 GMT - 04/20/2020  
AMZN has an tentative earnings day set for this thurs 4/23.

The verified date is Thursday April 30 -- AFTER the CLOSE.
I'll leave you all to speculate on how this FAANG member, as well as one of the only compainies to Benefit from the LockDown, will move the MarkIT --- on the last day of the Month and the First day of the Month.

The Guardian: The retailer’s quarterly figures will have received a huge boost from lockdown sales

$10,000 a second?



dc CB  14:57:27 GMT - 04/20/2020  
Earnings matter?
majors reprting this week via ZH.

Q1 earnings will step up a notch with 88 S&P 500 companies reporting this week and Europe joining the fray with 64 companies. In terms of the highlights to look out for, proceedings kick off today with IBM.

Then tomorrow we’ll hear from The Coca-Cola Company, Netflix, SAP, Philip Morris International, Lockheed Martin, Texas Instruments and BHP.
On Wednesday, we’ll then get AT&T and Thermo Fisher Scientific.

Thursday sees releases from Intel, Eli Lilly and Company, NextEra Energy, Union Pacific, Credit Suisse and Hyundai.
And finally on Friday we’ll hear from Verizon Communications, Sanofi, T-Mobile and American Express.


Mtl JP  14:55:06 GMT - 04/20/2020  
2850 s/t res


london red  14:48:21 GMT - 04/20/2020  
2880/85 res. abv takes u to ur 61.8 by 2932/34. imp (for bears) for wk to close no higher than 2880/85 (lower even better) even if 2934 or even 3015/40 tested intrawk.


Mtl JP  14:35:56 GMT - 04/20/2020  
 
pic of stock players discounting (pricing-in) the three stooges' "stimulus" burblings


Mtl JP  14:29:48 GMT - 04/20/2020  
earlier on w-end trump, after munchkin now kudlow
burbling n blowing bubbles about more "stimulus"
"nice" and "soon" and other similar adjectives being used


Mtl JP  14:14:43 GMT - 04/20/2020  
maybe they r so blinded by the price they can't see the shutoff valves


dc CB  14:00:37 GMT - 04/20/2020  
neg canadian oil pirce

chart



london red  13:51:01 GMT - 04/20/2020  
maybe thats whats needed...but cos wall st pushes tons of debt on everyone, nobody can last for more than 5 mins with a bailout. its like the care home biz in the uk, most listed are drowning in debt. yet its one of the most cash generative biz u can find. anytime pe gets its hands on something u dont want to touch it. like the village bike. an easy shag but bad for your health.


dc CB  13:30:42 GMT - 04/20/2020  
red, yes I know what you mean.
Though including it when talking about the Spread, puts a number on how screwed the world is. May(delivery mo) just hit a low of 10.77 while June(trading frnt mo) hit 21.65.

If the 'world' dosen't come on line soon...that entire industry is going to shut down...


Mtl JP  13:27:40 GMT - 04/20/2020  
red 20% of snp companies reporting this week
maybe discounts qtns about p/l, balance sheets


london red  13:14:30 GMT - 04/20/2020  
remind me again why snp is back at feb fwd pe of 19/20


Mtl JP  13:10:48 GMT - 04/20/2020  
current alberta oil fetching between $0.0 and nega
meaning they have to pay someone to take/store the crap


Mtl JP  12:39:34 GMT - 04/20/2020  
aren't those who have to deliver by friday this week buying today ?


Mtl JP  12:36:50 GMT - 04/20/2020  
 
This technical phenomenon has historical resolution precedent

See IF it repeats


london red  12:34:47 GMT - 04/20/2020  
CB, u know what i mean...everyone talking about how oil is going much higher but nobody looking at the downside


dc CB  12:29:06 GMT - 04/20/2020  
"no one wants this months crude but everyone wants nxt month"

that's because the front month goes off the boards tommrow...


Mtl JP  12:13:08 GMT - 04/20/2020  
Euro 1.0852
-
EU leaders will meet in a conference call on Thursday to argue and bicker about the creation of a “recovery fund” to help their economies grow back into shape after the shock of the coronavirus outbreak.

Opinion:

Where do you find €500 billion?, Europe wonders



AT Trader john  12:03:03 GMT - 04/20/2020  
No place to store spot crude.


london red  11:56:34 GMT - 04/20/2020  
john would u believe both bp and shell were flat on open. now both dwn around 3% but still, free money.


london red  11:55:54 GMT - 04/20/2020  
no one wants this months crude but everyone wants nxt month...like thats going to make a diff lol. 9.83 if ya join the dots


AT Trader john  11:54:00 GMT - 04/20/2020  
Risk off to start the week. Looks like tumbling oil prices are weighing on shares.


london red  10:53:04 GMT - 04/20/2020  
2763 channel sup. almost certain they buy that dip at least once.


Mtl JP  10:48:34 GMT - 04/20/2020  
Bank of Spain Sees Economy Shrinking by Up to 12.4% in 2020
(Bloomberg) -- Spain’s economy could contract this year by more than 12% in a worst-case-scenario forecast by the country’s central bank ... /.

Up to, could ... more than..
some kind of confused reporting by Bbrg


Mtl JP  10:29:55 GMT - 04/20/2020  
 
D
- ecision
- eep

letsee


Mtl JP  10:22:32 GMT - 04/20/2020  
GBPUSD 1.2475
-
unable to break N of and still under 1.25, puppy s got nega-bias
probably needs to see convincing 1.2515+ to prevent a trip to 1.24 / 1.23


AT Trader john  10:19:23 GMT - 04/20/2020  
Monday
DJ: -261
SP: -27.1

2-yr 0.202% -0.4
Spread 10s-2s +42.8 bps (+44.7 bps)

10-yr
US: 0.630% -2.6
UK: 0.313% +0.1
DE: -0.476% +0.3

EURUSD MACRO TREND: NEGATIVE
Spot Rate (Pivot Point)
EURUSD 1.0873 (1.0859)
GBPUSD 1.2466 (1.2474)
EURGBP 0.8702 (0.8702)
USDJPY 107.70 (107.65)

Last Week 1.0992-1.0813 (179 pips)
mon: 1.0897-1.0841 (56)
fri: 1.0892-1.0813 (79)
thu: 1.0913-1.0817 (97)
wed: 1.0992-1.0857 (135)
tue: 1.0985-1.0893 (50)


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20-day avg: 1.0905
50-day avg: 1.0956
100-day avg: 1.1025
200-day avg: 1.1049

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Mtl JP  10:10:00 GMT - 04/20/2020  
 
here is looking at s/t Sup zone


AT Trader john  10:05:13 GMT - 04/20/2020  

GVI Trading. Potential Price Risk Scale
AA: Major, A: High, B: Medium

Mon 20 April 2020
No Major Data
Tue 21 April 2020
AA 07:00 UK- Employment
A 09:00 DE- ZEW Survey
AA 12:30 CA- Retail Sales
A 14:00 US- Existing Homes Sales
Wed 22 April 2019
AA 08:30 UK- CPI
AA 12:30 CA- CPI
A 15:00 US- EIA Crude
Thu 23 April 2019
Flash PMIs all day
A 12:30 US- Weekly Jobless
AA 14:00 US- New Homes Sales
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- Flash Univ of Michigan




london red  09:59:37 GMT - 04/20/2020  
now that 13,90 frm 20 years ago done, then around 12 fib tgt before the 10. gap might be filled on way back up, unless more talking bull$ frm trump saudi russia f-holes.
oil majors taking in stride although oil services are dwn a bit in uk. at some point the ones with better cash bals can be picked up as oil will be 30-40 bucks within 24 months. prob best to wait for 10 bucks unless mkts in general move lower.


Mtl JP  09:50:24 GMT - 04/20/2020  
Stocks moods
-
Asia - mixied with down tilt
Europe - mildly up
US - currently looking down

WTI s got a $5 up Gap from $18 at $23.xx
Gold in slight down bias at 168ish


dc CB  01:09:15 GMT - 04/20/2020  
JP
WTF

Canada's Deadliest Attack In Years' - At Least 10 Killed In Roving Shooting Rampage Across Nova Scotia



Mtl JP  00:45:17 GMT - 04/20/2020  
 
SnP - another gap bites the dust


dc CB  21:20:50 GMT - 04/19/2020  
 
will the Naz go for the gap. the one on the upside


AT Trader john  12:18:30 GMT - 04/19/2020  
LATE Friday
DJ: +643
SP: +67.4

2-yr 0.206% -0.3
Spread 10s-2s +44.7 bps (+42.0 bps)

10-yr
US: 0.653% +0.4
UK: 0.303% 0.0
DE: -0.467% +1.3

EURUSD MACRO TREND: NEGATIVE
Spot Rate (Pivot Point)
EURUSD 1.0834 (1.0859)
GBPUSD 1.2445 (1.2474)
EURGBP 0.8702 (0.8702)
USDJPY 107.77 (107.65)

This Week 1.0992-1.0813 (179 pips)
fri: 1.0892-1.0813 (79)
thu: 1.0913-1.0817 (97)
wed: 1.0992-1.0857 (135)
tue: 1.0985-1.0893 (50)
mon: 1.0968-1.0893 (75)


Sign up now for your invaluable report

How To Turn Your Forex Trading Into A Business

20-day avg: 1.0905
50-day avg: 1.0956
100-day avg: 1.1025
200-day avg: 1.1049

Global-View Daily Trading Chart Points







AT Trader john  17:35:23 GMT - 04/18/2020  

GVI Trading. Potential Price Risk Scale
AA: Major, A: High, B: Medium

Mon 20 April 2020
No Major Data
Tue 21 April 2020
AA 07:00 UK- Employment
A 09:00 DE- ZEW Survey
AA 12:30 CA- Retail Sales
A 14:00 US- Existing Homes Sales
Wed 22 April 2019
AA 08:30 UK- CPI
AA 12:30 CA- CPI
A 15:00 US- EIA Crude
Thu 23 April 2019
Flash PMIs all day
A 12:30 US- Weekly Jobless
AA 14:00 US- New Homes Sales
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- Flash Univ of Michigan







Actionable trading levels delivered LIVE to YOUR charts

GVI Trading. Potential Price Risk Scale
AA: Major, A: High, B: Medium

Mon 27 May 2019
AAGB/US- Holiday
Tue 28 May 2019
A 14:00 US- Consumer Confidence
C 13:00 US- Case-Shiller
Wed 29 May 2019
A 08:55 DE- Employment
AA 18:00 US- BOC Decision
A 18:30 US- EIA Crude
Thu 30 Mar 2019
AAEZ/CH- Holiday
A 12:30 US- Weekly Jobless
Fri 31 Mar 2019
AA 10:00 EZ- Flash HICP
A 12:30 US- Personal Income, Spending, Deflator
AA 14:00 US- Final Univ of Michigan


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