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Short term trades in the stock market •$$$$$•

The iD

Member
phenomenal stick save/short squeeze bounce. was long over due, testing 1959S&P resistance. long term call is short till S&P1705 until QE4, w/ plenty of psych and jawbone and algo bounces on the way. screaming sell to 1900. easy fucking money. like china and the world did not just shit the bed, or oil is not hitting a fucking 37 handle. rofl. ltr after close. stay frosty.
 

SpasticGramps

Don't Drone Me, Bro!
ICMag Donor
Veteran
I told my employees to use their bonus to go buy half cows to put into the freezer.

$37 WTI, roflc (rolling on the floor laughing and crying at the same time)

My secretary told me she wasn't ready to go start job hunting again. I told her that not to worry about it. There aren't going to be any jobs left anywhere if I have to close the doors cause oil is at $20 and the banks are blowing up.

What a crazy day in the markets. Did a multi year cycle in a few minutes with the VIX being unable to trade for the first 30 minutes. Self help before the open even. Very confidence inspiring.
 

SpasticGramps

Don't Drone Me, Bro!
ICMag Donor
Veteran
:wahey:

20150824_EOD16_0.jpg
Dear CNBC,

I'm a millenial with some cash to throw around. I've dipped my toes in the stock market this past year but after today's action, I have to say I'm done. Forever. Gone. Don't count on another dime of mine in the market.

There is so much that is infuriating about this market that it's hard to know where to start. Let me start here: the total BS open we witnessed today. And lest you think this is a letter from a whiner who sold out in the open only to see stocks ramp higher, think again. I sold nothing out but I also bought nothing. What infuriates me is that average people like me are hurt both ways when the market does its best flash-crash impression since, well, the flash crash... I'm sure countless little guys had their stops absolutely steamrolled this morning only to see the big guys scoop up the shares on a discount. It's disgusting. What's more then that is that the only "people" that can really take advantage in such volatility is HFT's. Any normal human being staying at his screen seeing the Dow down over 1k has to sit and think for a minute, "What the heck is going on? Is there something I don't know about?" Ask yourself those two questions and it's too late. You are either stopped out or you miss an opportunity to buy shares at a price you could only have dreamed of. A price that likely won't come again for you anytime soon. The only "people" who can react to those pricing distortions in real time are computers. This isn't a place for small time people like me.

What might be worse than this is that most of us are stuck at small discount brokerages that had major execution issues this morning including TDAmeritrade and Scottrade. Let's assume you are a human being who doesn't ask the two aforementioned questions and just sees the Dow down 1k and decides to throw a dart in the blind and just hit the buy button. Then your brokerage house can't get you an execution cause the little guys systems don't work.

Now, what absolutely sickens me is that the problems are completely underreported on your network. Nanex recorded 4,500 mini-crash events this morning. And yet as the Dow is presently rallying you are making it out as if the market truly recovered 800 points (and we'll probably close green!). We all know that the open was nothing short of a sham of epic magnitude and yet you have the gall to act as if all was normal and the market is now just on a torrid rally after being down 1k. It's not even bearable to watch. You are doing your viewers a massive disservice.

Finally, on a different subject, one thing that this Chinese Yuan devaluation has revealed is that nobody has any idea in hell what any asset is really worth. There has been such an enormous artificial edifice built up around the markets to propel prices (not markets) forward that the pricing mechanism is distorted beyond distortion (if that's even possible). The english dictionary needs a new amplified word to adequately describe the magnitude of the distortion going on in capital markets around the world due to central bank manipulation, lack of liquidity, HFT fraud and other chicanery.

The only reasonable thing that any little guy can do is sit back and say, "Wow there is a lot of distortion going on and I can't even guess at these prices." So what is there left to do? I think all people like us can do in order to once again put money in the market is to see a very large deflation such that multiples contract and we can be confident that the edifice has collapsed and we are therefore now much nearer to true price discovery. Every valuation metric is distorted, technical analysis is distorted because countries around the world are drawing lines in the sand of FX, bond and capital markets vowing to defend them. How can anyone believe the prices? They can't!

My advice to my generation if they would like to buy various assets is to just literally say to yourself, "Don't think about the price or what other people are paying. Just ask: 'What would I pay for 1 share of XYZ, knowing it has an artificial edifice around it?'" Then take a swing while flying blind and pray you hit it.

But until that is no longer the case, count me out. Me and my entire generation.

-Ryan
 
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The iD

Member
waited 4yrs for this day. has just begun. stand by the %prob predictions stated from 2011 but implied probabilty of 25/900/9 Crude/AU/AG has risen, so potential for an overshoot to those levels and complete REAL economic contraction/deflation worldwide, to be met w/ the printer. most here do not play currencies, commodities, USTs, or credit, except thru ETFs, so will refrain. and hold cash to grab tangible and income producing assets on the cheap. easiest money is the compression/pair trades. credit leads, equity confirms, typically. rate hikes or no QE/indecision could lead to 2011H2 levels, but only if they want it. here is a puzzle piece: China sells yuan to buy USTs to sell thru a proxy for USDs to buy whatever the fuck they want (chinese equities? credit? or how about us equity shorts? lol). and the SNB is fucked when APPL goes tits up. one way to devalue a currency, lose all the money in the stock market. looking @ you japan. rofl. party time. stay frosty,

the iD
 

TNTBudSticker

Well-known member
Veteran
BWLD...FootBall is around the Corner.Wings Galore!

MSEX..Seems a good time for Bullish moves

KKD...Good Short to Pick around the Corner.

BABA..Another China Short.Down/Tread.Going to follow it
 

TNTBudSticker

Well-known member
Veteran
This is the beginning of Sept 22 to now.Wild Ride for Some.Lower priced Stocks seems to be doing better then the higher priced stocks

BABA (Short).Up 3.72% $62.72 to $66.32

MSEX (buy) Up 3.35% $23.62 to $25.01

KKD (Short) Down 4.43% $15.57 to $14.14

BWLD (buy) Down $203.65 to $194.16

So we have a large Inflow of money going to BWLD and a large outflow in BABA 8 hours ago for both.

Seems BABA is coming up with More new adventures to get priced right.BABA is down 36.19% for the year so time will tell.
If Snowstorms,Flashfloods in the winter stops people from getting Donuts then time will tell that Donuts are really good in the Summer!
Coffee and Donuts in the Winter sounds good too :)
 

TNTBudSticker

Well-known member
Veteran
GOOGL
Google is now called Alphabet Inc

AMZN
Amazon looking nice.

BABA has a nice uptrend also.

That's the buzz of the day.Internet Buzz :dance013:
 

yesum

Well-known member
ICMag Donor
Veteran
Seems the bear market is over, at least for now. I had this week to be up but did not pull the trigger so no money for me.

I have next week down on the s and p, will likely throw a bit of money at that.
 
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TNTBudSticker

Well-known member
Veteran
Seems the bear market is over, at least for now.I had this week to be up but did not pull the trigger so no money for me.

I have next week down on the s and p, will likely throw a bit of money at that.


AMZN did have a Bullish move and the Bear Market seems to be over,but this move it what The bears are looking into.

KKD seems the Bears are going for the Honey-Glaze!
 

TNTBudSticker

Well-known member
Veteran
--UnitedHealth (UNH) warns it may exit Obamacare plans--

Wow..Good news

Getting Rid of the Middle Man So Everyone can have health insurance for $10 a month.EveryOne.One Plan.

Knowing this,That Sector is a 421B Market Cap and UNH has 110B Cap.Seems to be overweight in such a small Sector with less then 8 health insurance companies remaining.Putting all the Eggs in One Basket? Number#1 is pulling out?

I have a Fool's Portifolio and Shorted this One today.

But Fast Forward say everyone pulled out that 421B fund because it's now $10 a month per person and the Health insurance sector has to restart plans cheaper than the $10.00 a month.

Shorted (Cigna) CI also.Looks more Bearish than UNH.

Amazon (AMZN) is getting Ready Christmas shopping onslaughts :)
 

SpasticGramps

Don't Drone Me, Bro!
ICMag Donor
Veteran
So apparently we need to turn the printing press back on high speed and get some negative interest rates going here in the US because the 25bps hike by the Fed is blowing the world up (or really....reblowing the world up that they've already blown up).

Need moar bloooooowww... Yellen has that good shit.

QE48.21 and negative interest rates in 5...4...3...2.....
 

yesum

Well-known member
ICMag Donor
Veteran
I have been out of the market this year. Was gonna short the first week of January but the market went down 1 1/2% the first day even before opening it was way down. I do not chase moves so let it go....

Yea, this could be the start of something big, lots of people saying this.

Whichever way you think it is going, I would be very wary of putting money in now for a long term bull move. This could go much lower.
 

SpasticGramps

Don't Drone Me, Bro!
ICMag Donor
Veteran
I'm long mattresses.

I took my ball and went home a while ago too.

This knife is still falling. We have yet to see the banks mark down their energy losses. And they are starting to pile up. Quickly. Credit spreads on energy are higher now than at the peak of the Financial Crisis. The housing market is quickly turning over in Houston.

The real question the market is struggling with is, is the central bank put under the market really dead? Or if this gets systemically ugly, can the ivory tower criminal wonks sell negative rates (NIRP), QE4eva, and truly unicorn/criminal economics to the bovine masses and more importantly to Mr. Market.

I wouldn't touch this shit show with a ten foot pole. The energy losses need to be realized before we find any kind of bottom and that is going to be big frown's all around town.
 

Lyfespan

Active member
loved the shit the chinese got to pull, dont like the market rules just pick up your toys and leave, wow, why didnt we try that lol.

circuit breakers wtf
 

TNTBudSticker

Well-known member
Veteran
A Jump indeed and a day to late..:)
Threw in CRZO on the list today.

Some balls on this stock is NVR....indeed expensive.

Everyone still screaming Dow will go lower.I can't tell.

(Was Kidding there..lol )
 

TNTBudSticker

Well-known member
Veteran
Since Oil bottomed at $26 Twice then back up.

It may not see $26 again.Some good trades are being made.

Check out LINE,CRC,AREX,PES ..Some have bottomed along with oil.
Gold even took off for the month and stands at 10%

The DZZ Etf is at a all time low ..it trades against Gold and broke the $6.00 barrier.

North Korea is fuming mad with new sanctions from the Silos showdown.We'll see what happens next.
 

SpasticGramps

Don't Drone Me, Bro!
ICMag Donor
Veteran
The rally in oil has been almost all short covering.

oil%20squeeze.png


and this...

20160328_oiletf.jpg


I bet that a few more shorts will cover until the farcical OPEC/non-OPEC meeting that is supposed to happen next month. Once everyone realizes that Iran and a few others are going to want to increase production before freezing (ie. all others will not freeze production as this equals lost market share).

At this point or right before this meeting I would expect short interest to increase again and prices to fall. Probably back to $26 or less since this rally had no new buyers, just shorts covering for profits. According to the Commodities Futures Trading Commission this is the biggest short squeeze EVER. The fundamental problem of crashing global aggregate demand hasn't been solved.

I also expect that the S&P to stay range bound between ~1890-2100. When it comes time for the Fed to raise rates the algo's will have pushed the SP down to corner the Fed. The Fed won't raise and SP will rally. Wash rinse repeat with the sporadic jawboning by Bullard and other Fed officials that will contradict whatever Yellen is saying to add to the confusion.

I bet this continues until after the elections and the next President will be the bag holder. Or if the oil default cycle of highly leveraged energy companies begins we'll probably see negative rates and helicopter money all over the place.
 

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