I don't know about the rest of you, BUT, If I'm making 100K a day to 1 Million A week trading options ... I'm not going to try to hustle you out of a $399 Monthly Fee on a " Twitter Finance Subscription "...... Common Sense Folks..... IMO
@scottz06
@oneunderscore__
LOL...… Probably so.…….. Sitting that aside, I can't imagine standing in line to go hear Trump Speak..... What those folks forget is that unless they're in the TOP 5% in the USA...… Voting for Trump is actually Voting Against Themselves.....IMO
I wonder how many questions Powell will get tomorrow about him and other FED Officials actively trading stocks, futures, Etf's, etc..? In a different time, this would be the Major scandal that it actually is.
wGWyShzz/
AND …. The $VIX Monthly.... We're at the "Wedge Again".... See what happened in Jan/Feb, 2018?..... Of course it's Not a "Prediction for the Future"... Will be interesting to see what happens in the Days/Weeks Ahead.... IMO $SPX $VVIX
@scottz06
@oneunderscore__
I Agree...….. In addition, plenty of "Middle Class and educated white people " that still support Trump...…….. Will give Trump and the GOP Credit..... "Fear and Anger" are powerful political Tools that work for awhile.....IMO
Mnuchin , "It's not a financial Crisis"...…. Just brazenly lying on the tv...… When the FED "Throws" 1.5 to 5 trillion at the markets...….. Don't kid yourself, "It's a Financial Crisis"..... IMO
It's sad that
@ScottWapnerCNBC
doesn't know who
@RudyHavenstein
is...… Rudy is " The Dean of Finance Twitter".... AND, More importantly, we are viewers of Scott's Show...……… IMO
Finance Twitter is so entertaining to me..... Like the trader who posts 100k option trades ….. But...… still wants to charge $399 A month for his "Subscription Service"..... LOL
It's not so obvious to many right now.... But.... The
#coronavirus
was the "Perfect Excuse" for Mnuchin and Powell to "Bail Out" the "Corporate Debt Complex"...…. It's really Sorry and
#Pathetic
what they have done.... IMO
Reviewing charts tonight...... Just WOW!!!!! Many stocks/Indices at an "Inflection Point"..... Haven't seen this many "Decision Points" in a Very Long time........ Definitely a "Make or Break Time" in the markets.... "Volatility" definitely at a "Crossroads"..IMO $SPX $IWM $QQQ
A little More specific… The "Descending Trendline" from the January High was broken this week with the Little "Fear Light" so far.....Of course it could go back under, But 6month channel down has been "Breached".... IMO $VIX
Make No Mistake about, "The FED" is only interested in maintaining the wealth of the 1% in this country..... "They" could Fucking Care Less about "Working Americans"...….. IMO
If 1 had told me around Mid March, " Don't Sweat it.... The $SPX will be over $3500 On August 31st "... I would have looked at them like they were on Crack.....
The Most Important Event for me this week was the " Turning UP " of the SPOT $VIX weekly chart.... " If " it continues UP....... Then.... The Last Few Days are just a Preview of what's to happen before the year is over.... We'll know soon enough...
#StayTuned
IMO
There's a Very Distinct Pattern in $VIX Futures that tells one when the Next " Spike " is coming.... Solve this puzzle and you have your
#EDGE
.... IMO
Powell gets the correct question on why is the FED Buying Corporate Bonds if the Markets are currently stable? Problem is that he Never Answered the question...…..
@scottz06
@oneunderscore__
Exactly..... They sure did...…. Family values, balanced budget, Russia the Enemy,..... GOP has no Leg to stand on anymore...….. "Demographics' is what scares them...… Eventually, Gerrymandering, Voter ID, Voter Suppression won't work...IMO
Finance Twitter just slowly gets less relevant to me as the weeks go by...… Much of what I see are either "Egos" or someone/something pushing a "Subscription Service"......IMO
Sitting here listening to Powell, why is it hard for someone to simply ask him..."If the economy is still so Good, why is the FED Stopping raising rates and will stop QT in the Future?" FED Officials are "Politicians" as well...IMO
Some Long time " Follows " on here getting pissed off that I called them out on Trump....... You bet.... I definitely don't need your " Follow "...... I could care less.... Just because you maybe a Good Trader, It doesn't make you a Good Person.... IMO
These " IDIOTS " on
@CNBC
saying that the markets are DOWN because of China entering Taiwan's Airspace is actually beyond " Professional Incompetence " IMO
Important to remember...… "Corporations" are the 1's that moved OUR jobs to China a long time ago...….. They Didn't Mind "Operating in a Communist Country Then and They don't Now".....
Really, there's just 2 questions to ask Powell today.....
1. How large will the FED Balance sheet get?
2. When does the FED plan to start reducing the Balance Sheet?
Of course, these won't be asked....IMO
$VIX Futures are at a "Level 5 Buy", Meaning a "Spike" within the next 2 Months... In contrast, Futures were a "Level 5 Sell" at the end of April... They collapsed till the end of June.
I found it entertaining when the Trump Supporters on here bash Biden..... I'm not a Fan of Biden..... But...... Does 1 really believe that Trump is Better than Biden? LOL