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Introducing VIXEN
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Introducing VIXEN

by The MoleJune 22, 2018

It’s been a rough week in an already dismal trading year, at least thus far. But to your credit you’ve all held strong and stuck with our script, especially when the going got tough and then some. So I think you all deserve some good news for a change. As I’ve already hinted on in recent posts, over the past year I have been working on a new IV related trading system in close collaboration with a very talented Chicago quant.

We started chatting offline after he pinged me regarding some of the IV related tutorials I had posted here. This was sometime in early 2017 and over the following months we started to collaborate on a massive IV data research project which over time turned into the development of a full fledged trading system.

Fortunately I had started to get into python and various pertinent tools just a few months earlier, which was an educational effort that ended up paying off in spades. There is simply no way we could have done any of this in C#, Java, or any of the lame scripting languages offered in various trading platforms.

Doing all our research interactively in iPython notebooks allowed us to quickly and efficiently take advantage of various scientific data mining tools, as well as many machine learning tools I had already been researching over the past few years. Python also makes it easy to plot your data into juicy graphs with just a single line of code, whilst giving you the option to customize your plots similar to what I’m doing with our market statistics tool.

Fast forward several thousand hours of hard work and what we’ve been alpha testing in the past two weeks is a new fully automated trading system that takes advantage of mean reversion divergences in the VXX, the UVXY, the TVIX, and the SVXY. It only trades during NYSE hours and does not hold overnight. As such it is an intra-day mean reversion system focused on IV related exchange traded products (ETPs).

Learning from past experiences my plan is to give plenty of time to forward testing. The system is implemented in python, MultiCharts, as well as NinjaTrader. Porting the python version to Ninja was a mountain of work in itself as I had to find a way to hook into a python based machine learning engine, but I wanted to be able to take advantage of my existing infrastructure, which of course also entails sending trading signals to my crew of rowdy market rats.

VIXEN Results Since 2014

The following backtests have been produced in python and were confirmed by MultiCharts, which is another platform my quant buddy favors:

VXX

Total trades = 399, Winning Trades = 52.00 pct
Expectancy = 0.42 R
Adjusted R size: 1.0
Avg Winning Trade = 1.65 R
Avg Losing Trade = -0.91 R
Max Drawdown = 9.98 R
Mean MAE = 1.42

UVXY

Total trades = 429, Winning Trades = 49.00 pct
Expectancy = 0.46 R
Adjusted R size: 1.0
Avg Winning Trade = 1.84 R
Avg Losing Trade = -0.91 R
Max Drawdown = 6.77 R
Mean MAE = 1.55

TVIX

Total trades = 446, Winning Trades = 51.00 pct
Expectancy = 0.46 R
Adjusted R size: 1.0
Avg Winning Trade = 1.73 R
Avg Losing Trade = -0.90 R
Max Drawdown = 8.00 R
Mean MAE = 1.53

SVXY

Total trades = 456, Winning Trades = 50.00 pct
Expectancy = 0.39 R
Adjusted R size: 1.0
Avg Winning Trade = 1.67 R
Avg Losing Trade = -0.90 R
Max Drawdown = 9.46 R
Mean MAE = 1.38

How To Trade VIXEN

The system only goes short the VXX (1x leverage, has options), UVXY (1.5x leverage, has options), and TIVX (1.5x leverage, no options) and only goes long the SVXY (-0.5 leverage, has options). Now depending on the day the first three can sometimes be hard to borrow which means you may not be able to take on a full position size. Alternatively one can buy a simple put option ATM on the VXX or the UVXY (not the TVIX), which for most retail traders would be the preferred route. A synthetic short is another possibility (long put/short call) but you’ll need a larger account for (i.e. $100k plus) and I’m not a big fan of doing that as the potential risk is simply too high.

Capital requirements are minimal for VIXEN but bear in mind that margin requirements for all four ETPs are 50% of your account and higher, a policy that is being enforced mercilessly especially after the mid February train wreck that resulted in the demise of the XIV. In my mind buying ATM puts is the least risky and simplest way to trade VIXEN.

Technically speaking the system sends out email alerts which are not particularly time critical. Many times you will be able to get a similar entry 15 or 30 minutes after the alert has been issued, thus leaving plenty of time to take action. VIXEN closes out shortly before the session ends every day, it does not hold overnight and no overnight margin is required.

When Will VIXEN Be Available?

I am currently alpha testing the signal alerts on my end and will make an announcement when I’m ready to open them up for a beta test period which will most likely span several months. Which should give everyone plenty of time to evaluate VIXEN and become comfortable trading the system.

One More Thing

Channeling my inner Steve Jobs here. You probably have not noticed it but the Zero is hosted by an emergency solution I have put together over the past day – take a peek:

What you’re looking at is an Azulle Access Plus micro computer on a frigging stick, it connects to a regular HDMI port and that’s why it’s dangling behind an old TV which I have barely used over the past few years, so it was about time the damn thing started to pull its weight.

Seems to work just fine but obviously it’s not a long term solution as I would be out of luck if my local Internet connection breaks down. But in addition to building my own custom VPS driven by my own hypervisor this thing will come really handy if there’s a problem at the data center. I don’t even need a TV as I can just remote into it and launch the Zero and its screen scraper this way. Pretty damn cool! πŸ™‚


About The Author
The Mole
Mole created Evil Speculator amidst the chaos of the financial crisis in early August of 2008. His vision for Evil Speculator is a refuge of reason, hands-on trading knowledge, and inspiration for traders of all ages and stripes. You can follow him and his nefarious schemes at the usual social media waterholes.
Enjoyed this post? Consider a small donation to keep those evil deeds coming!

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  • http://gerb-reloaded.blogspot.com/ Gold_Gerb

    Great job on the Azulle Access Plus microcomputer!

    IMHO, put a support stick under the unit. Gravity will overcome the connector.
    Or Murphy will just find a way to step on the Ethernet cable and bend it downward,
    while you are at the gym. Better yet, splurge for the HDMI 3 ft cable extension and have the unit on the table.
    https://ae01.alicdn.com/kf/HTB1lBUDKXXXXXaMXVXXq6xXFXXXW/300PCS-LOT-1M-3FT-HDMI-Extension-Cable-Lead-Male-to-Female-High-Speed-Definition-Multimedia-FOR.jpg

    -GG

  • https://evilspeculator.com Sir Mole III

    Good idea.

  • ridingwaves

    That is some bitchen shit….that little Azule thingy, I had a friend that programmed it as box to actually grab SERPS from Google to provide local stores a hyper local overview of their immediate search results…He sells the box, plug the box into any internet source and wala, target market reporting on hyper local level for all your keywords…no competitors….lives in Germany…

    I wonder if you could put together something like it, VIXEN, system trading in a box, plug it in and get ahead of the market!

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb

    How about I pay a one time fee, get the unit, and have my Zero for Life?

  • https://evilspeculator.com Sir Mole III
  • Julie 35 – 25 – 36

    What is going on with oil ?. Only trade not so good
    JULIE

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb

    damn! Your fast.
    is that leftover tin foil from the kitchen?

  • ridingwaves

    that would work too, I like the subscription model as you could add ancillary products, pretty much what Mole is doing right now….you see my premise is no one wants to do what Mole just did, build things, folks today want plug and go….So a system trading magic box, where you get it shipped to you and pretty much just plug it in makes a lot of sense..

  • https://evilspeculator.com Sir Mole III

    My wife had made those to block the router’s antennas overnight (radiation) and for some reason they fit perfectly almost to the millimeter.

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb

    yeah, nothing like cash flow.

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb

    FATE.

  • https://evilspeculator.com Sir Mole III

    How about one that prints bitcoin wallets and spits them out at the end? So the system trades, automatically converts the winnings into bitcoin, and then prints out the winners as BTC wallets in the back.

    YOU GUYS!! LOL :-)))

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb

    I dunno.
    I’m damn lucky I got out of ERY before lunch, yesterday.

    Better Lucky than Good!

  • https://evilspeculator.com Sir Mole III

    My wife, yes, absolutely.

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb
  • https://evilspeculator.com Sir Mole III

    I introduce a new trading system and everyone goes crazy about a PC stick in the back of my TV.

    https://www.youtube.com/watch?v=-5xKq2vPUew

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb

    ..GAP Fill!

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb

    I’m interested Python. but yet another language? I dunno.

    Who is this mysterious (imaginary) Quant? HOlding out on us eh?

  • ridingwaves

    I think N. Korea has patent on that already….

    I’m kind of being serious, I’m a SAAS early pioneer. Most people don’t want to setup Trading Ninja or think or swim etc. If you have it capsulated in a program sitting on a little stick that you could ship out for $299 start and $199.00 a month..100 accounts brings you 20K a month

  • HD

    An IV trading system based on the crappiest products to ever hit the market? UVXwhY? You could get those stats to 90% by just shorting it. Sorry if this comes across rude but it’s a real head scratcher for me. Why not use a proper Volatility product like /VX?
    https://www.youtube.com/watch?v=umDr0mPuyQc

  • HD

    Both TVIX and VXX have suffered fatal overnight events in the past. UVXY has literally never rallied, ever.

  • https://evilspeculator.com Sir Mole III

    READ THE POST. We don’t hold overnight. The system *does* go short all of them except the SVXY.

  • https://evilspeculator.com Sir Mole III

    Too much liability if something goes wrong.

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb

    The WM was saying ‘enough’, signal signal.
    The price, tho falling, wasn’t falling fast enough.

    https://uploads.disquscdn.com/images/a979df8f2eb670a4d2333eeae16da7c9c657683925f4507bb47bb95ddd473eb4.png

  • HD

    The best short in the history of the markets. UVXwhY except nobody has shares to short…
    https://uploads.disquscdn.com/images/c2c54192dd799a4dac72b388733cbb3f918442afe8e03d462b22a8904755a717.png

  • ridingwaves

    it has some sister and brother type instruments that are right up there at the top also

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb

    Dude, turn your logrithmic on.
    it’s hurting my eyes.
    πŸ˜‰

  • ridingwaves

    that is where agreement language wins….plus make it so they would have to settle any disputes in Spain……they will just either send it back or hit it with a hammer….sell the box at cost, the sub is where all the money is..

  • https://evilspeculator.com Sir Mole III

    You clearly do not understand this system, HD. With all due respect, hold your premature criticism until you see it in action. And if you don’t like it then just don’t trade it!

    Besides, buying intra-day puts in the UVXY or VXX or calls in the SVXY has very limited risk, even in the case of a catastrophic market event.

    https://cdn.dribbble.com/users/1094437/screenshots/2960898/wepresentourwork_mikedrop_1x.png

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb
  • Ladywandering

    Vixen looks very interesting, maybe I will return!

  • ridingwaves

    I hope no one was shorting crude….

  • HD

    fair enough. I had a buddy lose his shirt on TVIX so I get a little defensive with those type of products. I know you have the discipline to make it work. Intraday options is the ultimate scalp so I am all ears going forward.

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb

    a whiff of inflation?

  • ridingwaves

    its going to get much worse……I expect over 5% within 12 months…

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb

    is that a gut estimate?
    I’ve read about how humans are linear thinkers.
    Everything seems fine, until it isn’t.

    I’m personally spending on Capital improvements in my Life,
    before prices inevitably rise. What good is a pile of cash, if it’s losing purchasing power? I saw some of this in the mid 70’s.

  • https://evilspeculator.com Sir Mole III

    I understand your apprehension but suggest you watch the signals once they’re being offered and then make up your mind. If you then still have grave concerns I will respond to all of them. Fair enough?

  • Julie 35 – 25 – 36
  • ridingwaves

    some gut, probably a bit too high, kinda of seeing it creep into rail, trucking and small business climate….Heck small business hasn’t been this stoked since the 1970’s per index….

  • ridingwaves

    damn, your a statesmen….even after our 15 rounds, you probably would help me up from the floor….

  • https://evilspeculator.com Sir Mole III

    Just to slam you back down – hehehe

  • Julie 35 – 25 – 36

    Hi RW I was short USO…. Was able to get out on the drop to the 21 and 55 ema.s
    JULIE

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb

    I hope they don’t get too excited. I’ve been at big corporate firms.
    spending gets a little hot, and then the door snaps shut. and Fast.

    Imagine being at a HomeDepot days before a Hurricane hits. “Sales are up, Life is Good”….not.

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb

    did it sting?

  • HD

    I’m no quant but studied /VX rather intensely when it was first offered. At one point the stats were better than 80%, every 9% rally got the business. -1.00 or better. Not cheap to trade it though. FWIW

  • Julie 35 – 25 – 36

    Yes OUCH ! Not too bad a small position already made up with CSCO
    JULIE

  • daverg

    nice, i like it, how does it perform shorting the /VX ? Vol futures ? For intra day trades ?

  • https://evilspeculator.com Sir Mole III

    Actually we tested the VX futures and they are a lot more efficient, thus lessening the opportunity.

  • https://evilspeculator.com Sir Mole III

    I love the VX futures but as I hinted above, they are a lot more efficient and thus do not produce the same deviations from the mean we aim to exploit with VIXEN.

  • https://evilspeculator.com Sir Mole III

    Where did you go???

  • Julie 35 – 25 – 36

    BABA Target approx 194. This chart made after market closed yesterday and today dropping JULIE https://uploads.disquscdn.com/images/dd5a7da979b6988d7a29175dfc28c16c200c0c7aeb474faca554fbc584502584.png

  • ridingwaves

    seen that happen, I stepped into company that burned thru 25M in a year, 40 people-no revenue, after re-seed investment, we rode it until 395M sale 10 yrs later…

  • HD

    that’s interesting. And the option fills are decent?

  • Ladywandering

    margaritaville! took time away to work on a system that worked for me but I miss your input and others but I never said much before anyway.

  • ridingwaves

    quick small example…from headlines screen grab
    Air Products to raise prices on liquid and bulk industrial gases to counter low steel prices, higher costs

  • Julie 35 – 25 – 36

    RW Food and housing will really hurt
    JULIE

  • BKXtoZERO

    Mole, really nice results on your VIX system. Congrats!

  • ridingwaves

    this weekend looks ripe for BTC pushing thru 6K if the big boy algos are ready too….

  • BKXtoZERO

    Long TVIX 42.3

  • Julie 35 – 25 – 36

    Typical Friday (neutral to positive) …. Hold the market up so people spend over the weekend
    JULIE

  • HD

    Here you go GG UVXwhY and TVIX turning millions into pennies.
    The pros like BK that have mastered scalping these long are top 1%’rs in the market. JMHO https://uploads.disquscdn.com/images/32ca873bf9d065eca72501e8ff6f41211464770dacd528ad8868def259a63304.png
    https://uploads.disquscdn.com/images/f8b2a15996e8512ebfd3f7ba3719a0385aa965264603ca64d74283e86b538fac.png

  • Julie 35 – 25 – 36

    HD Scalp it with ADX with a 10 setting
    JULIE

  • HD

    The only way I would trade any of them is short. Puts is interesting but I need to see the fills. I don’t have the best options commisions

  • BKXtoZERO

    ha…. I practiced by letting it almost kill me a few times. It’s a nice quick scalping tool and a very rare nice swing for a few days but as warned….. don’t hold.

  • Mark Shinnick

    Yeah… may be adding to the sqqq…or removing it, pretty soon. Getting close to tvix entry…this has been a test of the volatility crush since April.

  • BKXtoZERO

    needs a little more correcting that what we saw so far….

  • Mark Shinnick

    Kinda seems realistic so long as rates QT don’t blow it.

  • Julie 35 – 25 – 36

    RW USO Daily PMO has bottomed and turning up about to cross above it’s signal line. Weekly PMO is flat Just saying
    JULIE

  • Ronebadger

    Dopey me…I thought VIXEN was the Nasdaq VXN…

  • HD

    in addition to the 9%, the other thing I noticed with /VX. VIX is simply a biproduct of SPX, lagging indicator, SPX BOTs move in 10 handles, VIX will not expand to accommodate range expansion until 10 handles exceeded. +10 +Vix%. https://uploads.disquscdn.com/images/cac4ea7ad01be3bb1c92a0ce23fa2fe2be5eade2a993c9f5b65eb253b836f224.png

  • HD

    as always, interpret as you see fit and do your own due diligence.

  • Mark Shinnick

    Looks like you have close-enough handle on it. πŸ™‚

  • Julie 35 – 25 – 36

    Hi Ronebadger LOL !
    JULIE

  • HD

    Mole is making us step up our game. I absolutely hated the VIX wanky until I joined you guys. There is some value looking at it.

  • BKXtoZERO

    Out TVIX, 43.03. probably sideways to up today, take what I can get. Roses are Red, Violets are Blue, I Hope the Cash-ola I just stole, didn’t come from YOU. (he he he)

  • BKXtoZERO

    it can be frustrating but when it moves it’s nice, fast, and you are done for the day

  • https://evilspeculator.com Sir Mole III

    VXX in particular is very liquid.

  • ridingwaves

    especially now….with rates going up and QE reversing..its probably not a bad time to continue to utilize L Vix components in spurts….the one thing you will not get with the system is the volatility compounding that happens by holding if down move is huge and multi day event since your closing out daily

  • https://evilspeculator.com Sir Mole III

    Well, once you return my life will once again be complete πŸ˜‰

    Thanks for popping by!

  • https://evilspeculator.com Sir Mole III

    Someone who wants to stay anonymous, and I can’t blame him.

  • ridingwaves

    Greece is free…..the Greeks are free…..

  • Julie 35 – 25 – 36

    SPX Bears need the 5 ema and lower trend line to contain A break below the CCI lower trend line and a drop below Tuesday’s low (support) would be all systems Go for bears JULIE https://uploads.disquscdn.com/images/01d88ac9209a9a921892e25968556f1a9d4798bfb22b3dcbbfcf0d6da3efc666.png

  • HD

    I haven’t had that much luck gambling on the VIX going up. My best trades in /VX were always playing the IV crush.

  • ridingwaves

    that was what QE was built to do….its over, hence first little play in Feb.

  • BKXtoZERO

    How so? link? did Germany drop dead? lose the paperwork?

  • ridingwaves
  • https://evilspeculator.com Sir Mole III

    VIX is only implicitly a byproduct of the SPX. The final VIX value is determined using the VIN and VIF values in a 30 day weighted average calculation. And those in turn derive on the pricing of SPX options.

    And VXX, UVXY, TVIX do not directly follow the VIX but are priced according the SP Short Term Index which measures the return from a daily rolling position in the 1st and 2nd VIX futures. Thus explaining why we are not trading the VX.

    This SP short term index is available on IQFeed as XXX.IV.X, which basically defines how the VXX and those other ETPs ought to be trading. It only gets more complicated from there, but in a nutshell if you think you understand how those ETPs are priced then think again.

  • https://evilspeculator.com Sir Mole III

    Which is why you don’t go long these fuckers πŸ˜‰

  • https://evilspeculator.com Sir Mole III

    Looking at that page at the top: “… but worries continue” and at the bottom: “why every investor should be horrified….”

    Jeezzz – people really have become addicted to a constant sense of crisis and doom and gloom.

  • https://evilspeculator.com Sir Mole III

    That’s the only way I would every play it.

  • ridingwaves

    adjective and verb trends have had amazing run over last 10 years

  • BKXtoZERO

    Mole told us not to look at news while trading ;-o

  • Ronebadger

    I have been on vaca…not fretting about any trade…

  • Mark Shinnick

    Amazing property of these zones is equal-opportunity fuckery to everyone’s models.

  • BKXtoZERO

    Ha! I know that I don’t know. VIX chart could reflect the price of a warm dogshit sandwich in North Korea but the chart moves around ES S/R zones and I just watch for that. Thanks

  • HD

    correct, ETN’s have no obligation to anything. They are notes and can vanish at any minute of any day.
    So in theory in June alone any system would need to be beating the outright short UVXY -18% but any of them are tankers. https://uploads.disquscdn.com/images/146aa342e78c305f6dbe07de899e14c222c4b572e5e906e6fd9566a8b41edd9a.png

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb
  • Julie 35 – 25 – 36
  • http://gerb-reloaded.blogspot.com/ Gold_Gerb
  • HD
  • Julie 35 – 25 – 36

    GG Up into strong resistance volume by price per your chart AND frothy Oil Vix JULIE https://uploads.disquscdn.com/images/55fae3d7355304aa420182635e8aa69e76d1d67ce5e016cc5f1bdd959121ae9c.png

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb

    yeah, Twitter is the flipper on the Market pinball machine.

  • https://evilspeculator.com Sir Mole III

    And apparently it was completely in vain.

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb
  • HD

    Gas in CA was $3.90, AZ going for a new $0.10 tax I heard. Gas was under $2.00 before twitter. lol

  • https://evilspeculator.com Sir Mole III

    I thought we are officially energy independent. WTF happened to that?

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb

    crap.
    ThankYou very much Toyota Prius’s.

    “..Anderson notes increased construction costs and more fuel efficient vehicles mean the purchasing power for money raised by the gas tax isn’t what it was 27 years ago.”

  • HD

    If I were an evil speculator I’d argue oil is pricing in a war

  • Julie 35 – 25 – 36

    HD …. Not $Gold
    JULIE

  • Mark Shinnick

    Quite a beautiful suck right-up into resistance.

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb

    Yeah,WTF?
    United States hit the gas pedal back in 2010.

    https://en.wikipedia.org/wiki/List_of_countries_by_oil_production

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb
  • ridingwaves

    nope, just inflation…..

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb

    Ugh, Bollingers?, you know those things are iffy.

  • Julie 35 – 25 – 36

    Price of gas in Bozeman is 2.89 regular 2.85 at Costco
    JULIE

  • ridingwaves

    you can do better, top 3 rock band of all time….talent overload, actually more talented musicians on that band than all others, [perhaps Led Zep possible tie or just a smidge behind…
    https://www.youtube.com/watch?v=-J03yCE15rg

  • Mark Shinnick

    Yeah…with every-12 minute bombing, and so much impersonal drone bombing, war’s become just too blase.
    http://www.ronpaulinstitute.org/archives/featured-articles/2018/june/21/bombs-away-us-airstrikes-every-12-minutes/

  • ridingwaves

    I guess it just happens that way, from marching right at each other in a line with only a sword or one shot musket to flying unmanned drones unseen and unheard to dispatch the dirty work….evolution or regressing? that is yet to be heard out

  • Julie 35 – 25 – 36

    RW I recently read that there are now bullets that can go around corners
    JULIE

  • HD
  • HD

    my guess, and I’m guessing- Russia is buying all the gold, the cheaper the better.

  • Julie 35 – 25 – 36

    Banks dumping today Not good
    JULIE

  • Mark Shinnick

    Exquisite point. Trump is renowned for keeping his promises to the electorate.

  • HD

    Think I have a plan for next week. $SPX, but I’ve been enjoying craft beers and restaurant food for over a week so 3 day gym bender/clense on deck.
    See ya’s Sunday eve. https://uploads.disquscdn.com/images/94e0a37d7e098b80544970bab003db31ac08fa7eae7eeffd15c34f5a419853c6.png

  • bankwalker

    Hi Mole. Lurker here.

    How often does VIXEN seem to trade in your backtesting?

    Does expectancy of 0.46 mean that is how many R gained on average per trade?

    If using put options instead of short ETP, what is your opinion of holding over night?

    Thanks.

  • Julie 35 – 25 – 36

    HD Have A Great Weekend
    JULIE

  • Mark Shinnick

    Observe drv downside acceleration. We might suppose some fantastic fix is already baked-in that the RE guys happen to see. Without knowing about any such fix, we do observe a fantastic thing now in progress.

  • ridingwaves

    Russel Rebalance-constitution ends today for firms, SNP last week. I wonder if these dates being set cause the sharpe ratio history negativity…

  • ridingwaves

    it had a chance on the chart a little while ago but they blew it up….jitterish foreign money moving into US treasuries is keeping rates whacked, this part of the game was planned….
    Rates need to obviously move higher for the move to take place…

  • Mark Shinnick

    Makes sense. Then,too, of all places in the world, DT’s America and stronger $ prospects seems especially attractive. Remember when Rockefeller Center was bot in the 1980’s RE highs?

  • Trouzzer_Snake

    Amazing results on Vixen, congrats on the hard work paying off! Really looking forward to seeing it in action!

  • ridingwaves

    pebble beach tooo

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb

    1)Carbs
    2)Protein
    3)Fats
    4)Alcohol

    Pick 2.
    πŸ˜‰

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb

    I’m just teasing…

    sell your mother’s house, and short. Short it *ALL*
    πŸ˜‰

    https://uploads.disquscdn.com/images/9aa27048ae47bbea337bfc3b760df39f76673314f42927bf1d0f36a7954b274e.png

  • Julie 35 – 25 – 36

    Peanuts GG Protein and Fats … Love dry roasted unsalted peanuts mixed with raisins Yum !
    JULIE

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb
  • http://gerb-reloaded.blogspot.com/ Gold_Gerb
  • ridingwaves

    some segway music into weekend….cheers to all and good trading….
    https://www.youtube.com/watch?v=ggeab0lKz2c

  • Mark Shinnick
  • http://gerb-reloaded.blogspot.com/ Gold_Gerb

    it’s all good. swarming killer drones. it’s only a matter of time.

    https://www.youtube.com/watch?v=TlO2gcs1YvM

  • Ronebadger

    You need ALL of the 4 food groups…don’t just pick two

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb
  • Mark Shinnick

    Yes, large scale testing began deployment …was that 2016?

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb
  • http://gerb-reloaded.blogspot.com/ Gold_Gerb

    where have I seen this Vixen before?

    oh, the movie Chappie!

    and what’s this? a video!?

    NSFW.
    https://www.youtube.com/watch?v=wOMkFx1EJAI

  • https://evilspeculator.com Sir Mole III

    Yolandi Yum Yum

  • Benson Burns

    Whats your choice of plotting packages in Python? I’m using matplotlib and I’m sure there’s something better out there.

  • Julie 35 – 25 – 36

    Remember SPX the gap up today was sold into … Hang in there Bears
    JULIE

  • Julie 35 – 25 – 36

    Expecting a pullback UNG Weekly Chart Up into an upper downtrend line ; weekly 55 ema and overbought. A pullback IMO should be bought. JULIE https://uploads.disquscdn.com/images/39be35c5dbb08088a054aa6dbf2db56e442feb8a929f0d76320e1fb7e4a72d6a.png

  • Julie 35 – 25 – 36

    UNG Daily Chart Checkout the Accum / Dist — OBV —- CMF The 5 ,21 and 55 ema’s are in a bullish alignment JULIE https://uploads.disquscdn.com/images/487cf9d331f6e62df0cfc2647097c6fc0ce9fe984cd90aa4f60761b845b6bf7d.png

  • http://www.captainboom.com/ captainboom

    @ridingwaves:disqus Huge volume in EXAS today. Any thoughts? No position on my side.

    http://stockcharts.com/h-sc/ui?s=EXAS&p=D&b=5&g=0&id=p28845568791

  • Julie 35 – 25 – 36

    Guys UNG may not pullback BUT the daily chart negative divergences RSI ; MACD and STOCHS suggest a pullback to the daily 55 ema at approx 23.36 matching a support zone. NOW the Weekly 21 ema is 23.39 matching the daily 55 ema at 23.36 So Guys we have our target if a pullback JULIE https://uploads.disquscdn.com/images/466d94437253b8cb8e0ccb22fa259ed985feefbb2b3a4e65818ab789e2de57ca.png

  • Julie 35 – 25 – 36

    Hi captainboom …. I have no position EXAS either Looks like massive distribution to me esp with that candle … Institutions bailing out l know one thing as it went into top of channel and yesterday a bearish close below it’s 5 ema I would have been out going into the close as overbought as it was RSI 80 https://uploads.disquscdn.com/images/90cdf27992e2891e515d716b0d2ebbcc69a97a0b512b391d04e6a8c9891e97ae.png JULIE

  • sutluc

    Exciting stuff that micro computer with the stick form factor!

    Just kidding, VIXEN is the exciting stuff. Do successful/unsuccessful trades seem to cluster at certain times of year or is the distribution fairly even? Were signals fairly evenly distributed over time or did you have clusters of signals?
    In other words, does the bottom left to upper right R/Trade line look similar if it is R/Time or is more like a series of slopes with flat areas.

    I am an ugly boy.

  • BKXtoZERO

    Funny because I am reading Greg Allman biography right now.

  • BKXtoZERO

    Ya… they didn’t get the memo…..

  • Ronebadger
  • https://evilspeculator.com Sir Mole III

    Distribution is fairly even as it trades about three to four times per week on average. Which is exactly how I like my systems, plus it has low standard deviation as you can see from the max drawdown stats πŸ™‚

  • https://evilspeculator.com Sir Mole III

    I have only worked with matplotlib which as you know is very powerful. I’ve used it to put together a pretty nifty market statistics engine – check it out:

    https://evilspeculator.com/statistics/?symbol=SPY

  • https://evilspeculator.com Sir Mole III

    No nerd bashing! πŸ˜‰

  • https://evilspeculator.com Sir Mole III

    Thanks mate – appreciate the good vibes πŸ™‚

  • Benson Burns

    Thats a new one…

  • sutluc

    Thank you. I look forward to seeing how it goes.

  • Julie 35 – 25 – 36

    Guys GVIP a sell signal on the “Hedgies” occurred last Thursday JULIE https://uploads.disquscdn.com/images/31a7ccf3e6e19cc3217fdf3ded5e82e841bffa920889ce375fad036679ad95dc.png

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb

    I’m more excited over SBUX
    The drink, not the stock.

    The ramp-n-camp days of lateLatte, may be over.
    πŸ˜‰

    https://uploads.disquscdn.com/images/aa587e503d58e64371721712b8e2f38d7ed4ba045a352e09bc8d5397763bbcd5.png

  • HD

    $ES_F , $SPX already 10 handles into the red scenario shown below. I genuinely don’t think there is a better tool for trading than fibonacci.

  • HD
  • ridingwaves

    rebalancing, moved into Russell 1000..
    has a chance to get to 100-120 in next 52 weeks

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb
  • HD

    WHAT A HIT!

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb
  • HD

    2731 was very friendly. I’m reversing

  • BKXtoZERO

    Out of SQQQ from 13.1 to 14.12 going back to bed…………..

  • Ronebadger

    So far, it seems like a Trend Day

  • HD

    20% rally on VIX, crush time?

  • HD

    good grief, June opened 2721. No buyers defending?

  • Mark Shinnick

    I’m not seeing this as a very resilient situation. We are retesting the significance of February.

  • Julie 35 – 25 – 36

    Love it ! Love it !
    JULIE

  • ridingwaves
  • Mark Shinnick

    Yes. Paradigm lost.

  • Julie 35 – 25 – 36

    RW Checkout $LIBOR3

  • HD

    It feels terrible but we have EOM, EOQ, July 4th. Pick your spots.

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb

    Good Morning gentlemen, the temperature is 110 degrees..

    Naz leading %-wise to the red side.
    https://uploads.disquscdn.com/images/8a442927c81d28e908bec8085ce7c391ffbac207975eb3f539c69a024a43b44d.png

  • ridingwaves

    weekly PMO is turning over but it could be similar place as the other sideways trending, could indicator for the bull move form 2016…but the only issue with this indicator is its already been a banker gamed product, just because they were fined doesn;t mean they wont keep gaming it…. https://uploads.disquscdn.com/images/782a313471b6c622282400f6f368546c8cce9033aa786faf21c28e0fff3777bf.png

  • HD

    I like the order of those. Not the other way around as some would prefer.

  • ridingwaves

    don’t know how that vertical circle made it in….monday

  • Mark Shinnick

    So far…a pretty decent 5-31 volatility retest, but this doesn’t seem to be too scary to the children just yet,

  • ridingwaves

    I still think bulls have time to do some more damage first…that paradigm is still being twisted….heck I think this tariff talk is just another way to keep 10 yr down thru summer

  • Julie 35 – 25 – 36

    SPX Anyone have targets? Watch 2667 and 2614
    JULIE

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb

    I would love to to say 2703. but not today, too agressive.

    How about 2714.50 by close?

    http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=6&dy=0&id=p84960283090

  • Julie 35 – 25 – 36

    UNG Yup The pullback just above it’s 55 ema per charts and comments below
    JULIE

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb
  • http://gerb-reloaded.blogspot.com/ Gold_Gerb
  • http://gerb-reloaded.blogspot.com/ Gold_Gerb
  • ridingwaves

    dow is bouncing around 200sma, its been leading everything down, a turn would be interesting, a turn and then dump more so…
    I think your 2714 is good point of no return

    I think the youtube guy has a point behind this…
    https://www.youtube.com/watch?v=stVxh-kaR64

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb

    I must have listened to this song a thousand times out in the garage, wrenching on cars.

  • ridingwaves

    that wrenching on cars is sorely needed across the auto dealer landscape, you can make 120-150K as master certified tech with driveability know how….they are paying 10K bonuses to get people

  • Julie 35 – 25 – 36
  • HD

    SPX fibs and 200. 2731 will keep me objective, close below. Looks like .618 was lost, 2742, and a 10 handle rally already found sellers. 50% is 2704 , Julies old price.
    https://uploads.disquscdn.com/images/ceb0e8d410b728cd02cef5a15558ce744297f347ea47ffa1c71f60c0d69a9285.png

  • HD

    nice chart. That’s the 200 also.

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb

    I see that 2700 line, you tell me it’s going to slice right thru?
    I know you got that crystal ball!
    πŸ˜‰

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb

    surprising, I thought cars were downright disposable nowadays.

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb
  • Julie 35 – 25 – 36

    GG HD 2667 is the weekly Ichi Cloud baseline(21) matching the above chart
    JULIE

  • Julie 35 – 25 – 36

    GG Well your lower fan line looks like about 2667 intersection Love it GG !
    JULIE

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb

    are you sure you’re blonde?
    ;-D

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb

    We’ve got this Texas wild pig corralled pretty well.
    Just need to hunt it down, and kill it.
    Oink Oink, squeaaaal.

  • Julie 35 – 25 – 36
  • ridingwaves

    more mueller vs trump stuff per news flash….this is becoming comical…

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb

    damn that’s ugly.
    can we go with ‘cute’ next time?

    http://www.taaz.com/images/R500W/947D3001AC9B783CC0DDC909FFD21D44.jpg

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb

    all distraction, and possibly designed to ultimately destroy the political process.

  • HD

    $HOG reporting moving jobs out of US based on trump tariffs, adding $2200 per mc. Game on.

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb

    that’s it. I’m going to end up with a Polaris. I never fit in with the HD guys.
    https://i.ytimg.com/vi/489iadDL91o/maxresdefault.jpg

  • Julie 35 – 25 – 36
  • ridingwaves

    I wonder how much that will deter someone from purchasing, 40K in sales last year to all of europe. Its more of a brand and lifestyle buy so most will pony up, lets say 5K say the extra is too much…shift some production over there to save some of issue? German tariffs are extremely harsh, Trump does have a point here, the US is near bottom on tariffs in place right now…

  • Julie 35 – 25 – 36

    UNG Per charts and comments 3 days ago Looking for a pullback to a support zone and it.s daily 55 ema It is presently occurring JULIE https://uploads.disquscdn.com/images/26ad9777df3fa28ddbbc6f9d02abb617f4698d80daece9ce164545f043df667e.png

  • Julie 35 – 25 – 36

    Guys What is really hilarious is all the talking heads were saying to buy CAT and BA on Thursday and Friday. Bargain Basement sale Great time to buy !LOL !
    JULIE

  • HD

    good points. I’m no economist. This article is 20 years old.
    “Without a change in aggregate levels of savings and investment, the trade deficit would remain largely unaffected. All the new tariff barriers would accomplish would be to reduce the volume of both imports and exports, leaving Americans poorer by depriving them of additional gains from the specialization that accompanies expanding international trade”
    https://www.cato.org/publications/congressional-testimony/americas-misunderstood-trade-deficit

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb
  • http://gerb-reloaded.blogspot.com/ Gold_Gerb

    You realize, they do the same thing with Women’s Clothing!!

  • HD

    2704 trading!

  • Julie 35 – 25 – 36

    Guys A great way to trade SPX is hanging on the coat tails of the “Hedgies” GVIP There are over 10,000 hedge funds I have hit every turn but one (false signal i.e. blue dotted vertical line) and quickly covered . I will continuously post this chart.Stay short until a bullish close above it’s 8 ema confirmed by Williams%14 JULIE https://uploads.disquscdn.com/images/4f8542b48c134fc02cd2d8b517aa178057c1971c0fc03adcbb516f6b00f2d2a2.png

  • Julie 35 – 25 – 36

    GG Checkout one of my platinum penny stocks PLG up 18% so far today. NCP.TO my other penny stock hanging in at 23 cent support (down a penny in NCP.TO) JULIE https://uploads.disquscdn.com/images/df983a72c3665a03faa0e573242d36656029b995d866b1c36d071c2df86bd85e.png

  • ridingwaves

    I’ll eat some crow , it looks like Europe is not to long on the tariff thingy….2016 data. I do believe Germany has very high tariffs on motorcycle, aircraft and vehicles, I’ll see if I can find it…

    https://www.forbes.com/sites/niallmccarthy/2018/03/23/where-global-tariffs-are-highest-and-lowest-infographic/#e66ce077f267

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb

    that’s the problem with penny stocks, it’s not skill, it’s randomness. and now you are hooked into a street sidewalk game.
    πŸ™

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb
  • Julie 35 – 25 – 36

    GG I am not hooked on penny stocks. These two stocks actually were the only platinum stocks that I could find.I did a lot of research and using my husband’s chart $PLAT:$GOLD chart that I posted It was time to buy
    JULIE

  • HD

    also -(89) from 2791

  • Julie 35 – 25 – 36

    The only crap poop that I have is a very small probe long GLD So far there is no Gold in Gold. The recent double top GLD targets approx 116 but I do not think it will go that low
    JULIE

  • ridingwaves

    First cannaboid drug approved by FDA today-childrens epilepsy, 25M shares outstanding, float just as much, 7% short ratio…I wonder if a sell the news type trend will play out here….ran up to 150pps already…
    https://www.marketwatch.com/investing/stock/gwph?mod=MW_story_quote

  • Julie 35 – 25 – 36

    SPX Not going to all time new high without the participation of the Banks . RW last week said to watch XLF
    JULIE

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb
  • ridingwaves

    more long tails on that then an alley full of cats…

  • Julie 35 – 25 – 36

    GG The banks are cooked. The real McCoy to watch is DB. DB is going to bring Europe down which will bring us down
    JULIE

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb

    yeah, just be careful.
    it only takes one surprise announcement, and the whole thing can turn into a unexpected trap.

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb
  • ridingwaves

    banks are pretty cheap here though on forward pe and rising rates….they love them some yield…

  • HD

    Tuesday: Case-Shiller and consumer confidence. Wednesday: durable goods and pending home sales. Thursday: Q1 GDP (est. 2.3%) and weekly jobless claims. Friday: personal income/spending, core inflation, consumer sentiment, and Chicago PMI.

  • Mark Shinnick

    Mere excuses for all that is already baked-in.

  • BKXtoZERO

    This looks like a time for Vixxen to spring into action here… I would short TVIX 56 area if I could………….

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb

    I like it.
    Run today down, flush out the weak hands, cash out/cover short positions.

    see how bad the news is, and adjust accordingly.
    $$Profit$$

  • HD

    flat 2721. 1:3 on longs and 2:2 on shorts. Good start to the week.

  • HD

    whatever they are baking I hope it’s spicy! πŸ™‚

  • BKXtoZERO

    Long USLV 9.52 1R for a swing/hold “try” but bottom may be July.

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb

    off to lunch!!!

    like I said before, “..a damn good Taxi driver
    πŸ˜‰

    https://uploads.disquscdn.com/images/26863f55a4ab8d345812d040bd392911231fdcbb3e8d0070556850882dcbd0a6.png
    I should sell these things. (spicy charts)

  • Mark Shinnick

    Supporting that is drv new local low and no new low for lqd.

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb

    in-genius. but wait, isn’t that confirmation bias?
    πŸ˜‰

  • Mark Shinnick

    Let’s say it is… then drv tracking still provides an excellent potential entry.

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb

    well you have a plan!

  • Mark Shinnick

    ….kill zone πŸ™‚

  • Mark Shinnick

    FDA approves country’s first medicine made from marijuana
    https://www.statnews.com/2018/06/25/fda-approves-countrys-first-medicine-made-from-marijuana/

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb
  • BKXtoZERO

    Mark I am in….. bought DRV 9.92 after looking at IYR. My stop would be near or at IYR high of 80

  • Julie 35 – 25 – 36

    CSCO Taking 3/4 off short Yes !
    JULIE

  • HD

    2700 going once,,,

  • BKXtoZERO

    Wow….. Market close to getting toasted. Series of higher highs and higher lows under assault at ES 2700 area.

  • HD

    SPX opened 2018 at 2697, DJI negative for the year.

  • HD

    going twice,,,,

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb

    I was thinking fully baked. semantics I suppose.

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb

    I have a don’t be long signal. sorry for the lag. these things Happen.
    LOL.

    [BPSPX]
    http://stockcharts.com/h-sc/ui?s=%24BPSPX&p=D&yr=0&mn=6&dy=0&id=p02855803153

  • Julie 35 – 25 – 36

    GG Don’t go long until “You see the whites of their eyes ” LOL !
    JULIE

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb
  • HD

    FIBwap is 2723

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb
  • Julie 35 – 25 – 36

    DB Breaks below 10 …. Good Bye Cruel World Off To Join The Circus
    JULIE

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb

    I’m going to take a chance and call an early TIME CHECK.

    some of you traders may be drooling over profits, the other’s may be deer in headlights.
    always good to have some jester like me to say “Hey! look at the clock, tick tick tick”.

  • HD

    finally, donut and IPA time. flat 18.50

  • HD
  • Julie 35 – 25 – 36

    I took profits CSCO short and left 1/4 on the short. Reason CSCO a corrective 3 waves down to the weekly Ichi Cloud baseline (21) and oversold https://uploads.disquscdn.com/images/70d0727a8df6b3b5be518180ce3b9179f1aa65290255446748e874e9be5c0ed6.png Weekly chart JULIE

  • Julie 35 – 25 – 36

    SPX could go to 2580.
    JULIE

  • ridingwaves

    the treasury auctions this week and all the index reconstitutions last 2 weeks are pretty good recipe for some volatility….bammm…

    dow might be oversold now….pretty good setup for going long

    what donut? coconut and ipa might work well

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb

    Sure. but let’s see High Yield give up the ghost first.
    =P

    http://stockcharts.com/h-sc/ui?s=HYG&p=W&yr=3&mn=0&dy=0&id=p17644938770

  • HD

    I hope it’s here to stay. 6.2 R type of day.

  • ridingwaves

    excellent trade, but come on man, what kind of donut….

  • Julie 35 – 25 – 36

    SPX up to 2723 — 2724 then more Splat !
    JULIE

  • HD

    ha!

  • ridingwaves

    remember metals opex is thursday I believe…

  • HD

    depends on the tweets

  • Julie 35 – 25 – 36

    HD Are you thinking what I am thinking the bounce off today’s low ?
    JULIE

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb

    Close Your books.

    Send in the clowns. (quite the fall from the high wire)

    https://www.youtube.com/watch?v=8L6KGuTr9TI

  • HD

    Maybe πŸ™‚ I’m thinking 2731 would be a gift.

  • ridingwaves

    where is your blog manners on music? off to your bedroom mellow Gerb

  • Julie 35 – 25 – 36

    When RSI(9) goes below RSI(30) very bearish … That happened I believe last Tuesday or Wednesday
    JULIE

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb

    this one is for the ladies. sappy love music.
    MUwahaha.

  • Julie 35 – 25 – 36

    GG Judy Collins Both Sides Now
    JULIE

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb

    what if this crusade, is just a charade?

    https://www.youtube.com/watch?v=xwhBRJStz7w

  • Julie 35 – 25 – 36

    In conjunction with $NYMOT going below 0
    JULIE

  • HD

    So if you were shopping VXX weekly ATM puts for next week what looks good?

  • Julie 35 – 25 – 36

    HD You and I are on the same page with this bounce off today’s low Good one !
    JULIE

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb

    what happened to 2580? you change quick.

  • Julie 35 – 25 – 36

    Oh No GG 2580 still in the cards… If I were to mention what today’s bounce could be the Chief would kick me off the reservation Just saying GG
    JULIE

  • ridingwaves

    I’m going to throw a kink into the discussion, China imported 500 billion to US, US only 140B to China, their is hardly any way for China to retaliate against tariffs, this whole things smells of a great way to keep the 10 year down thru what could be the last big housing season before we see the turn with rates rising. I’ll lay a $50 to Mole Paypal wager that we see all this tariff talk worked out around August-Sept. and the 10 yr starts to push up, any takers? Feels like they caught all bond traders off guard with this little trick to scare money into that market.

    Then we get blindsided by something totally out of the blue while we celebrate that being over….

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb

    where the heck is the Chief. Can you imagine?
    a big day like this? that Quant better be pretty hot.
    Har.

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb

    Preach it.
    Anyone remember the Big Fiscal Cliff?, Greece?, on and on.
    You are on to something. Theatrics.

  • Julie 35 – 25 – 36

    RW IMO we are going to bring China and Europe to their knees then the blind side
    JULIE

  • Julie 35 – 25 – 36

    Sure RW You are on … 50 bucks to the Chief
    JULIE

  • BKXtoZERO

    How are you feeling today? Is every day a battle or are there up days n down days? My overall baseline has improved since last repair. Slow progress… 6 months now w slow drift up. I am 1 year younger than you…. Kind of the same boat huh?

  • ridingwaves

    Ok, do you want to set a a clear date? Labor Day?

  • ridingwaves

    Much better thank you, 7 days into recovery. I have too many friends with MS, cancer, lukemia etc to keep me grounded on my little tiny issue. I hope progress accelerates for you..

  • BKXtoZERO

    You are in feisty mood today! Going after someone for 50 clams….

  • Julie 35 – 25 – 36

    Sounds great RW … Works for me
    JULIE

  • Julie 35 – 25 – 36

    Great attitude RW … Always someone worse off. Glad you are doing better and BK too!
    JULIE

  • BKXtoZERO

    In the ens group many have it far worse than me so that too keeps me grounded

  • Julie 35 – 25 – 36

    BK One of our ministers has diabetes and had both legs amputated. He talked about it in a sermon … very inspirational and advised the members to keep on truckin no matter what is thrown at you. A wonderful guy just like you and RW and others here
    JULIE

  • ridingwaves

    done….I’ll buy you and husband a drink at Ted’s if in town this fall..

  • HD

    RW. I am trying to learn this topic as it seems pretty relevant. That article I shared this morning seems to explain some of why we run a deficit and the advantages of doing so but I have also been reading that we may need to if we want to maintain world reserve currency. Thoughts?

  • BKXtoZERO

    Sheeeze…

  • BKXtoZERO

    I think you are better off not understanding it and trading as you are…. Techical levels right or wrong without regard for why.

  • ridingwaves

    my quick 2 cents as I need to run, this is just all negotiations under the guise of tariff talk, Trump is using his cards to negotiate like no other president has done since the Chinese became an economic power. I don’t see it bad at all according to Those numbers above, they speak volume to why China is kind of trapped on this. They can’t go eye to eye as money outflows based on devaluing Renmimbi would cause big time issues over there. The fed can soak up some of their treasuries if they want to sell. Rock and hard place to me. I sure hope they get it done before labor day though. I hate losing…

  • Julie 35 – 25 – 36

    BK You would not believe how girls are treated on other blogs. Everyone here is a complete gentleman. Our chief assured me that he would not have it any other way. I commend everyone here BK
    JULIE

  • Julie 35 – 25 – 36

    SPX Plan 2724 is the line in the sand … Will cover short and wait to see ….
    JULIE

  • HD

    I’m trying to leave trump out of it, I have my reasons, but if we do get equal with China etc it may come at 2 very real costs, the world reserve currency and the price of goods we all consume. Double whammy. Just the other side of that argument.

  • Julie 35 – 25 – 36

    HD A very dreadful thought … Will we go to war to maintain the greenback as the world reserve currency ?
    JULIE

  • BKXtoZERO

    good people here for sure! make me wonder what the heck goes on elsewhere….. no reason for that.

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb
  • ridingwaves

    China pretty much makes what we don’t need, its just stuff…I don’t consume hardly anything from China and I live in a city with dominant Chinese population. Until everyone stops trading oil in dollars we are the reserve currency….What I mentioned about Potus is fact, we have laid down for China via last 5 potus, time to cut a better deal…..

  • ridingwaves

    no…

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb

    The Military Industrial complex – jobs jobs jobs.

    http://stockcharts.com/h-sc/ui?s=ITA&p=D&yr=1&mn=0&dy=0&id=p64566422595

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb

    I don’t know about complete gentleman.
    then again, .460 S&W finishes the job.
    ;-O

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb

    there’s this old story. Hot Option babe use to hang out here.
    It was ugly. It was messy. Just rumors. I know nothing.
    πŸ˜‰

  • BKXtoZERO

    Gold looks to be in the same boat as the SP500 to me right now, in that a simple series of higher highs and higher lows being threatened. Gold below 1248-1250 and it starts getting bad to my lens.
    https://uploads.disquscdn.com/images/717ce80c231637f01b80a702334f99ec576ad943f14c64b05b614abfecb4139c.jpg

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb

    Yes, it’s not looking well.

    Metals Options is Thursday. “kEEP hOPE aLIVE”
    πŸ˜‰

    https://uploads.disquscdn.com/images/e294c127b8406639d010317b76b71c273f5ed0e9b3070e31a75f83006bacefd7.png

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb

    Where’s Captain??

    Julie, we may get that bounce.

    Fibonacci Arc & Fan on the Spoos.
    RSI & 32.7

    https://uploads.disquscdn.com/images/f706c53fac4dfb093e4f9a637b59b959b630f93f6802399fd5e3c63baf9140ee.png

  • https://evilspeculator.com Sir Mole III

    NEW POST

  • BKXtoZERO

    Thanks….. Just saw this.