Archive for 2018

Alibaba And Ford Open China’s First Car Vending Machine

Courtesy of ZeroHedge. View original post here.

China’s Alibaba wasn’t the first company to create a car vending machine – that honor belongs to a Singaporean entrepreneur who transformed Singapore’s Autobahn building into what appears to be a giant PEZ dispenser stocked with luxury cars.

But after months of planning, Alibaba’s T-Mall (in partnership with Ford) has opened the country’s first car vending machine in the city of Guangzhou. Plans are already in motion for a second vending machine to be opened in Beijing, and the company is already planning its third machine in Hangzhou.

Vending Machine

Customers can test drive the vending machine’s inventory – and if they have the cash on hand to put down a deposit, they can drive away in their new car (assuming they can convince their local Communist Party officials to issue them a license plate).

Booking test drives and other tasks can be handled via the Tmall (also known as Taobao) mobile app. According to the company, customers can pick up their cars in 10 minutes, according to the Irish Times.

The vending machine is “an important part of Alibaba’s new retail strategy:

Gu Wanguo, general manager of vehicles at Tmall Auto, said the auto vending machine is an important step in Alibaba’s New Retail strategy. “By leveraging Alibaba’s data intelligence and technologies, the auto vending machine and super drive test services can enable auto brand owners and distributors better serve their customers.” Gu added.

“Consumers can use the internet to access more accurate, convenient services and get a deeper understanding into particular vehicles. In the meantime, we are opening our car vending machine’s infrastructure to the entire industry to leverage and enable their distributors, in hopes of helping upgrade the automotive sector as a whole.”

Sign up is done via mobile, and once they have chosen a vehicle, the buyer then takes a selfie to ensure they are the only person who can take the car from the machine, put down a deposit electronically and schedule a pick-up time, all from within the app. They then use that selfie to identify themselves and the car they have chosen is delivered to the ground floor of the car vending machine for their test drive to begin.

If they don’t like the car they initially chose they can try another, up to a


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Florida Students Stage Walkout In Support Of Second Amendment

Courtesy of ZeroHedge. View original post here.

Authored by Rick Moran via PJMedia,

So maybe there could be some hope for the next generation after all.

About 75 students at Rockledge High School in central Florida walked out of class in support of the Second Amendment on Friday. The students say they felt “silenced” last week when students walked out in support of gun control.

Fox News:

“I’m pro-Second Amendment,” Rockledge junior and protest organizer Anna Delaney told the station. “I wouldn’t mind deeper background checks, of course, but the Second Amendment will not be infringed upon.”

Many Rockledge students walked out of class March 14 as part of the National School Walkout that was held in support of the Parkland school shooting victims and to protest gun violence and call for new gun control measures. They stood on the football field and formed a huge heart.

About 75 students participated in Friday’s walkout at Rockledge, Florida Today reported. The protest lasted 20 minutes.

They walked onto the schools track carrying the American flag and signs that said “guns don’t kill people, people kill people” and “I support the right to bear arms,” the paper reported. Some wore Trump “Make America Great Again” hats and camouflage clothing.

“We were built on certain rights and that was one of the original rights, that we should have the right to bear arms,” sophomore Chloe Deaton told the group. She helped Delaney organize the walkout.

Zachary Schneider, a junior, was quoted by the paper as saying, “It’s all over the news right now that all students hate guns. I wanted to show that not all students feel that way.”

Rockledge principal Vickie Hickey said the school treated the Second Amendment walkout exactly like it treated the walkout that took place two weeks ago, the paper reported.

She said both events were completely student-driven.

Forgive me if I smell fear from school authorities who knew if they objected to the second protest, the wrath of God would descend upon them.

Regardless, what I found interesting is that, apparently, the pro-Second Amendment kids didn’t know what the consequences would be and walked out anyway. Unlike the kids who walked out for gun control knowing that nothing would happen to them, the pro-gun crowd must have felt some trepidation given the attitude of their teachers and classmates.

Bravo
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“The Longer It Goes, The Worse It Gets” – Nearly 2 Weeks Later, Atlanta Still Reeling From Crippling Ransomware Attack

Courtesy of ZeroHedge. View original post here.

It has been nearly two weeks since the City of Atlanta’s municipal government was hit with a crippling ransomware attack that wiped millions of government files and left the city’s police and first responders relying on paper record-keeping.

So far, the city has made almost no progress in recovering its files. Police still don’t have access to vital databases and investigative files. The town’s auditor says the city’s books have been destroyed, aside from whatever’s left in the paper record. And top city officials are scrambling through a holiday weekend to piece together bits of city projects from personal computers and email addresses that weren’t affected by the hack. Almost every government department was affected by the hack – though fortunately 10 of the 18 machines in the city auditor’s office somehow avoided the hack.

“Our data management teams are working diligently to restore normal operations and functionalities to these systems and hope to be back online in the very near future,” said Carlos Campos, a spokesman for the Atlanta PD. Campos said that some officers have returned to filing digital reports.

City officials (with an assist from the FBI) are trying to work through the hack. But if they don’t find a way to recover at least some of the corrupted files soon, officials might be forced to pay the $51,000 ransom that the hackers are demanding (the FBI typically discourages the victims of these attacks from paying the fine).

Atlanta

The version of the ransomware virus affecting Atlanta (it’s a virus called SamSam) inserted cheeky messages into the corrupted files, with the corrupted documents displaying filenames like “imsorry” and “weapologize”.

The city’s courts and its water department have been hobbled by the hack, Reuters said.

In recent years, ransomware attacks have become exponentially more sophisticated. Whereas once they would target individual computers, hackers have in recent years staged global attacks like “WannaCry” and “Petya” a year ago. They’ve rendered hospitals incapable of accepting patients and forced first responders to operate without access to computers.

And in another worrisome sign, city officials haven’t disclosed the extent to which the hackers affected the city’s backed-up files. Perhaps this is why city officials have refused to comment on whether they’re considering paying the ransom – though, according to Reuters, they haven’t paid it…
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Interventionistas Outraged Over Trump’s Syria Withdrawal: “We Took The Oil. We’ve Got To Keep The Oil”

Courtesy of ZeroHedge. View original post here.

Regime change advocates, neocon beltway hawks, and all the usual armchair warrior zero-skin-in-the-game think tank interventionistas are in continued meltdown mode after Trump confirmed plans to withdraw American forces – some 2000+ troops and personnel – from Syria. On Friday the president told senior White House aides that US forces will be exiting Syria after public comments made earlier.

In statements carried by ReutersTrump said“Let the other people take care of it now. Very soon, very soon, we’re coming out. We’re going to get back to our country, where we belong, where we want to be.” As we noted last week, the timing of Trump’s dramatic Syria turn corresponded with news of an American soldier killed in Manbij in northern Syria (killed likely by an IED alongside a British coalition soldier overnight last Thursday).

Perhaps to be expected, the weekend editorials and cable news pundit shows reacted in disbelief and horror – with charges of “chaos” at the Trump White House over Syria policy, and claims that “ISIS will come back” if America leaves. Nevermind the fact that Trump himself while on the campaign trail in 2016 stated in public speeches and in a tweet (and linking to a declassified intelligence memo) that US support to jihadists in Syria under President Obama is precisely what fueled the rise of ISIS in the first place

Image source: AM Greatness.

CNN, for example, painted a picture of mass revolt among the ranks of military officers and career State Department officials, asserting that, “Any decision by Trump to pull out of Syria would also go against the current military assessment, a fact that left some national security officials concerned about the impact of a withdrawal, another senior administration official told CNN.”

No, there’s no “chaos” when it comes to Syria policy at the White House - Trump is doing exactly what he pledged to do while previously on the campaign trail, and he’s further continuing what he started when he nixed the CIA’s regime change program last summer.

CNN has been running this chyron for days. It’s intended to suggest that presidents should never question the national security state apparatchiks who demand a permanent US military president in the


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Chinese Space Station Crashes Down To Watery Grave In South Pacific

Courtesy of ZeroHedge. View original post here.

China’s nine-ton school bus-sized space station, Tiangong-1, has plummeted to a watery grave in the South Pacific ocean – and Michigan residents can come out of their bunkers. 

UPDATE: #JFSCC confirmed #Tiangong1 reentered the atmosphere over the southern Pacific Ocean at ~5:16 p.m. (PST) April 1. For details see https://t.co/OzZXgaEX0W @US_Stratcom @usairforce @AFSpaceCC @30thSpaceWing @PeteAFB @SpaceTrackOrg pic.twitter.com/KVljDALqzi

— 18 SPCS (@18SPCS) April 2, 2018

NW of Tahiti – it managed to miss the ‘spacecraft graveyard’ which is further south! pic.twitter.com/Sj4e42O7Dc

— Jonathan McDowell (@planet4589) April 2, 2018

The two-module spacecraft - which means “Heavenly Palace,” lost contact with China’s space agency on March 21, 2016 after the completion of its extended mission – which included a six year service life that saw two manned missions to perform experiments for the larger multiple-module Tiangong station.

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Based on Two-Line Element set data from the Joint Operations Space Center (JSpOC), the last orbital adjustment made by the Tiangong-1 was in December, 2015.

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Amateur satellite trackers claim the station has been orbiting uncontrolled since at least June, 2016 (aerospace.org), with the only confident predictions as to where it might hit falling between the 43rd parallels.

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The Tiangong-1 was the first space station built and launched by China – equipped with two sleep stations and a habitable volume of 15 cubic meters (529 sq ft.).

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As we reported earlier, With China’s Tiangong-1 space station (translated as “Heavenly Palace”) full of highly toxic chemicals such as hydrazine, set to crash into the earth at a still unknown location some time today, Michigan isn’t taking any chances – activating emergency operations center to monitor its trajectory. 

As a reminder, several weeks ago Aerospace.org predicted that while the list of possible crash sites includes locations in Northern China, South America, Southern Africa, Northern Spain and the United States, lower Michigan in particular is among the regions with the highest probability of a direct hit.





Julian Brigden Warns The Dollar Will Be “The Final Napalm Run” Into The Crash

Courtesy of ZeroHedge. View original post here.

In recent weeks, the flattening yield curve have prompted investment strategists to declare that what looked to be the beginning of a secular bear market in bonds was, in reality, another false alarm. Indeed, all it took was a brief correction in equity markets for Bank of America’s Ritesh Samadhiya to puke all over the bank’s bullish economic consensus and declare that the greatest risk to asset markets is that nominal global growth slows a lot more than consensus believes.

But during his latest interview with MacroVoices, Julian Brigden of Macro Intelligence Two Partners reminded readers why the bear case for both bonds and equities – a nightmare scenario that would hammer popular risk-parity funds that are, ironically, intended to weather periods of market turbulence based on the notion that stocks and bonds can’t sell off at the same time. 

Brigden, who advised clients to close out of a short Treasury trade just before the 10-year bounced off 3%, said he believes the long term case for a bear market in bonds remains intact as the US government tries to inflate away its enormous debt pile.

According to Brigden’s modeling, a break above the 3.25% level on the 10-year yield would slice through its 100-month moving average – something that hasn’t occurred since the mid-1980s.

Treasury

Brigden believes that a break above this level in nominal yields (while real yields remain anchored thanks to a runup in inflation) will lead to chaos in both bond and equity markets. Disinflation has kept yields tamped down for years. But as it returns and forces the Fed to hike interest rates more quickly – just as the ECB and other central banks are withdrawing their own stimulus – these inflated asset prices will plunge back to Earth.

The Fed thought QE was the reason Treasury yields sank, Brigden said, but they were wrong…

Treasury

…The real reason, he said, was the combination of disinflation and foreign central banks pushing yield-seeking investors into US markets.

What actually lowered Treasury yields through almost all the period of QE was falling inflation. It was disinflation. And I use that term because I’m not a big believer in deflation. Deflation is falling aggregate demand and falling prices. What we had was falling inflation. So it’s disinflation. And that’s really what


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Chinese Space Station Set To Enter Earth’s Atmosphere At Any Moment: Live Tracker

Courtesy of ZeroHedge. View original post here.

China’s nine-ton school bus-sized space station is set to impact the earth at any moment. The Tiangong-1 is currently orbiting at an altitude of 87 miles -  approximately 30 miles lower than it was during our Thursday update.

According to China’s CGTN, impact is imminent, and projected to take place between 8:11pm ET and 9:33pm ET.

China’s #Tiangong1 space station expected to re-enter the Earth’s atmosphere between 8:11 a.m. and 9:33 a.m. BJT (0011GMT-0133GMT), according to China Manned Space Engineering Office pic.twitter.com/p3TkVwDcsf

— CGTN (@CGTNOfficial) April 2, 2018

You can track its progress at the following websites:

Or by clicking on the picture below:

***

As we reported earlier, With China’s Tiangong-1 space station (translated as “Heavenly Palace”) full of highly toxic chemicals such as hydrazine, set to crash into the earth at a still unknown location some time today, Michigan isn’t taking any chances.

As a reminder, several weeks ago Aerospace.org predicted that while the list of possible crash sites includes locations in Northern China, South America, Southern Africa, Northern Spain and the United States, lower Michigan in particular is among the regions with the highest probability of a direct hit.





Bull Market Requiem

Courtesy of ZeroHedge. View original post here.

Authored by Sven Henrich via NorthmanTrader.com,

A bull market requiem:

Following the financial crisis the world needed coordinated structural solutions (and those would be hard requiring tough choices). Instead what the world got was coordinated central bank intervention which shrunk the middle class, made the rich richer and provided the rest with the illusion that things were getting better as pro forma unemployment rates shrunk and housing prices rose again and stock markets jumped from record to record. In the meantime politicians (of both parties) used the easy money illusion to do precisely nothing on the structural front. Instead they added debt and more debt and recent tax cuts just added to the combination of both: Wealth inequality and debt.

The data is very clear. Things are better for the few:

The greatest bull market ever (?) and 90% of income earners have less net worth than before the financial crisis? Given what it took on the intervention and debt fronts this is intellectual bankruptcy. Policy makers have failed the larger population. Full stop.

Income growth? Forget it:

Debt? A disaster zone with no end in sight:

And only getting worse. Much, much worse. Here’s the CBO projecting the coming explosion in debt which doesn’t even presume a coming recession:

This is what policy makers have produced ahead of the next recession:

Unfathomable. Since 2007:

The US government more than doubled the debt ($8.8T to $20.5T) & is now accelerating deficits

The Fed expanded its balance sheet to $4.5T and is now reducing.

And 90% of income earners have less net worth than before.

This is a structural disaster.

— Sven Henrich (@NorthmanTrader) March 28, 2018

The construct was ready to fall apart in early 2016. Earnings recession they called it. Bullshit. It was a recession in the making and central bankers knew it and hence we saw the cumulative insanity of over $5 trillion in additional intervention between 2016 and now. People forget: In this short period we witnessed the most aggressive global central bank intervention ever:

And this just the ECB and BOJ. Not to even mention the absurdity of the SNB of tiny Switzerland piling in tens of billions of dollars to buy US techs stocks directly becoming an enormous…
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Currency In Focus: USD Finally Finding Some Relief, Even If It Is Short Term

Courtesy of ZeroHedge. View original post here.

Submitted by Shant Movsesian and Rajan Dhall MSTA FXDailyterminal.com

Over the past week or so, the USD has been showing a little more resilience against the persistent selling, which in fairness seems to have little behind it as intra day traders push the greenback around in established ranges.  Once we hit the extremes, it is a different story, and the DXY is back testing 90.00 again with a view to challenging stronger levels from 90.40, with the sub 89.00 move last Monday proving short lived. 

While the FOMC rate hike last month was priced in, the overreaction to the lack of a material movement in the dot plot from 3 to 4 rate hikes this year was reversed pretty quickly, and also highlighted the short term opportunism in the market at present.  That said, the median dots have actually moved higher, but at this stage and with the data at hand, the market consensus remains at 3 for this year, which in itself should see some adjustment higher in the USD given median forecasts were for 2 hikes in the very early part of this year.   We have however, seen correlations with rate differentials breaking down with currencies, but this could improve if next week’s data out of the US can help longer end rates retain better levels in the face of the steepening rate path which should see the Fed Funds rate at 2.0% (at least) but the end of the year.   At this point it is also worth noting the USD/JPY move away from the sub 105.00 lows seen last week, with the benchmark 10yr Note relinquishing support at the 2.80% mark.  Technically, 3.0% was a strong obstacle, but with recent volatility returning to the equity markets, fixed income was set to benefit to some degree, so this is more to do with the risk relationship between the JPY and stocks, with the cross rates also holding up to a larger degree.

Consequently, we are looking for greater re-evaluation of the EUR and GBP against the USD in coming weeks, where we see the overstretch clearly having run its course, as we highlighted in our EUR outlook last week.   Some are pointing to widening USD funding spreads (LIBOR/OIS) as a source of recent USD strength, but this relationship has been anything but consistent when…
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Elon Musk “Jokes” That Tesla Has Filed For Bankruptcy

Courtesy of ZeroHedge. View original post here.

In what we assume is a morbid April Fool’s joke, late on Sunday Elon Musk decided to have some “fun” with his 20 million Twitter followers and unknown number of investors, and after previewing earlier in the day that he will have “Important news in a few hours …”, the Tesla CEO tweeted that “Tesla Goes Bankrupt Palo Alto, California, April 1, 2018 — Despite intense efforts to raise money, including a last-ditch mass sale of Easter Eggs, we are sad to report that Tesla has gone completely and totally bankrupt. So bankrupt, you can’t believe it.”

Tesla Goes Bankrupt

Palo Alto, California, April 1, 2018 — Despite intense efforts to raise money, including a last-ditch mass sale of Easter Eggs, we are sad to report that Tesla has gone completely and totally bankrupt. So bankrupt, you can’t believe it.

— Elon Musk (@elonmusk) April 1, 2018

There was more “humor” – in a subsequent tweet, Musk tweeted that “There are many chapters of bankruptcy and, as critics so rightly pointed out, Tesla has them *all*, including Chapter 14 and a half (the worst one).”

There are many chapters of bankruptcy and, as critics so rightly pointed out, Tesla has them *all*, including Chapter 14 and a half (the worst one).

— Elon Musk (@elonmusk) April 1, 2018

Musk concluded joking that after the bankruptcy, he “was found passed out against a Tesla Model 3, surrounded by “Teslaquilla” bottles, the tracks of dried tears still visible on his cheeks. This is not a forward-looking statement, because, obviously, what’s the point? Happy New Month!”…

Elon was found passed out against a Tesla Model 3, surrounded by “Teslaquilla” bottles, the tracks of dried tears still visible on his cheeks.

This is not a forward-looking statement, because, obviously, what’s the point?

Happy New Month! pic.twitter.com/YcouvFz6Y1

— Elon Musk (@elonmusk) April 1, 2018

… a clear explanation that this is all in the April 1 realm of fiction… for now.

And while to Musk it may all be a joke, to Tesla bondholders (and recently shareholders: TSLA stock plunged 22% in March, its biggest drop since December 2010)…
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Phil's Favorites

Congress is considering privacy legislation - be afraid

 

Congress is considering privacy legislation – be afraid

Courtesy of Jeff Sovern, St. John's University

Supreme Court Justice Louis Brandeis called privacy the “right to be let alone.” Perhaps Congress should give states trying to protect consumer data the same right.

For years, a gridlocked Congress ignored privacy, apart from occasionally scolding companies such as Equifax and Marriott after their major data breaches. In its absence, ...



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Zero Hedge

Key Events This Week: Trade War, EU Elections, Durables, PMIs And Fed Minutes

Courtesy of ZeroHedge

Looking at this week's key events, Deutsche Bank's Craig Nicol writes that while the unpredictable nature of US-China trade developments will likely continue to be the main focus for markets again next week, we also have the European Parliament elections circus to look forward to as well as various survey reports including the flash May PMIs which may offer some insight into the impact of trade escalation on economic data. The FOMC and ECB meeting minutes are also due, along with a heavy calendar of Fed officials speaking.

The European Parliament elections will kick off next Thursday with voting continuing into the weekend across the continent, with results expected on Sunday. With the elections surrounded by internal and external challenges for the EU, members di...



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Kimble Charting Solutions

Will S&P 500 Double Top Derail The Rally?

Courtesy of Chris Kimble.

The rally off the December stock market lows has been strong, to say the least. The S&P 500 rallied 25 percent before hitting and testing the 2018 high.

The old highs proved to be formidable resistance and ushered in some volatility in May… and a 5 percent pullback.

In today’s 2-pack, we look at that resistance level – could that be a double top? We can see similar patterns develop on the S&P 500 Index and its Equal Weight counterpart.

Both indexes are testing short-term Fibonacci retracement levels of the recent decline at point (2).

What takes place here after potential double top highs will be important. Stay tuned...



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Insider Scoop

60 Biggest Movers From Friday

Courtesy of Benzinga.

Gainers
  • Fastly, Inc. (NYSE: FSLY) shares jumped 50 percent to close at $23.99 on Friday. Fastly priced its 11.25 million share IPO at $16 per share.
  • Outlook Therapeutics, Inc. (NASDAQ: OTLK) shares climbed 37.3 percent to close at $2.10 on Friday after the stock rose over 68 percent Thursday following an Oppenheimer initiation at Outperform with a price target of $12.
  • Cray Inc. (NASDAQ: CRAY) shares rose 22.5 percent to close at $36.52 after Hewlett Packard Enterpri...


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Chart School

Weekly Market Recap May 18, 2019

Courtesy of Blain.

China – U.S. trade talk continued to dominate the week.   A heavy selloff Monday was followed by 3 up days, with Friday moderately down.

On Monday, Chinese officials announced retaliatory tariffs against the U.S., hitting $60 billion in annual exports to China with new or expanded duties that could reach 25%.

Then on Wednesday:

The Trump administration plans to delay a decision on instituting new tariffs on car and auto part imports for up to six months, according to media reports.

...

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Digital Currencies

Cryptocurrencies are finally going mainstream - the battle is on to bring them under global control

 

Cryptocurrencies are finally going mainstream – the battle is on to bring them under global control

The high seas are getting lower. dianemeise

Courtesy of Iwa Salami, University of East London

The 21st-century revolutionaries who have dominated cryptocurrencies are having to move over. Mainstream financial institutions are adopting these assets and the blockchain technology that enables them, in what ...



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Biotech

DNA as you've never seen it before, thanks to a new nanotechnology imaging method

Reminder: We are available to chat with Members, comments are found below each post.

 

DNA as you've never seen it before, thanks to a new nanotechnology imaging method

A map of DNA with the double helix colored blue, the landmarks in green, and the start points for copying the molecule in red. David Gilbert/Kyle Klein, CC BY-ND

Courtesy of David M. Gilbert, Florida State University

...



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ValueWalk

More Examples Of "Typical Tesla "wise-guy scamminess"

By Jacob Wolinsky. Originally published at ValueWalk.

Stanphyl Capital’s letter to investors for the month of March 2019.

rawpixel / Pixabay

Friends and Fellow Investors:

For March 2019 the fund was up approximately 5.5% net of all fees and expenses. By way of comparison, the S&P 500 was up approximately 1.9% while the Russell 2000 was down approximately 2.1%. Year-to-date 2019 the fund is up approximately 12.8% while the S&P 500 is up approximately 13.6% and the ...



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Members' Corner

Despacito - How to Make Money the Old-Fashioned Way - SLOWLY!

Are you ready to retire?  

For most people, the purpose of investing is to build up enough wealth to allow you to retire.  In general, that's usually enough money to reliably generate a year's worth of your average income, each year into your retirement so that that, plus you Social Security, should be enough to pay your bills without having to draw down on your principle.

Unfortunately, as the last decade has shown us, we can't count on bonds to pay us more than 3% and the average return from the stock market over the past 20 years has been erratic - to say the least - with 4 negative years (2000, 2001, 2002 and 2008) and 14 positives, though mostly in the 10% range on the positives.  A string of losses like we had from 2000-02 could easily wipe out a decades worth of gains.

Still, the stock market has been better over the last 10 (7%) an...



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Mapping The Market

It's Not Capitalism, it's Crony Capitalism

A good start from :

It's Not Capitalism, it's Crony Capitalism

Excerpt:

The threat to America is this: we have abandoned our core philosophy. Our first principle of this nation as a meritocracy, a free-market economy, where competition drives economic decision-making. In its place, we have allowed a malignancy to fester, a virulent pus-filled bastardized form of economics so corrosive in nature, so dangerously pestilent, that it presents an extinction-level threat to America – both the actual nation and the “idea” of America.

This all-encompassing mutant corruption saps men’s souls, crushes opportunities, and destroys economic mobility. Its a Smash & Grab system of ill-gotten re...



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OpTrader

Swing trading portfolio - week of September 11th, 2017

Reminder: OpTrader is available to chat with Members, comments are found below each post.

 

This post is for all our live virtual trade ideas and daily comments. Please click on "comments" below to follow our live discussion. All of our current  trades are listed in the spreadsheet below, with entry price (1/2 in and All in), and exit prices (1/3 out, 2/3 out, and All out).

We also indicate our stop, which is most of the time the "5 day moving average". All trades, unless indicated, are front-month ATM options. 

Please feel free to participate in the discussion and ask any questions you might have about this virtual portfolio, by clicking on the "comments" link right below.

To learn more about the swing trading virtual portfolio (strategy, performance, FAQ, etc.), please click here ...



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Promotions

Free eBook - "My Top Strategies for 2017"

 

 

Here's a free ebook for you to check out! 

Phil has a chapter in a newly-released eBook that we think you’ll enjoy.

In My Top Strategies for 2017, Phil's chapter is Secret Santa’s Inflation Hedges for 2017.

This chapter isn’t about risk or leverage. Phil present a few smart, practical ideas you can use as a hedge against inflation as well as hedging strategies designed to assist you in staying ahead of the markets.

Some other great content in this free eBook includes:

 

·       How 2017 Will Affect Oil, the US Dollar and the European Union

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About Phil:

Philip R. Davis is a founder Phil's Stock World, a stock and options trading site that teaches the art of options trading to newcomers and devises advanced strategies for expert traders...

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Ilene is editor and affiliate program coordinator for PSW. She manages the site market shadows, archives, more. Contact Ilene to learn about our affiliate and content sharing programs.

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