Triangle breakout and retest. The distance calculation will bring USDCNH to 7.5+, well above the 2015 high. Don't be surprised for global selloff and panic.
A bet that -- at some point going forward -- the U.S. and China will reach a meaningful trade agreement ... .
Metrics:
Max Profit on Setup: 2.00/contract
Max Loss/Buying Power Effect on Setup: 4.00/contract
Break Even: 40.00
Debit Paid to Spread Width Ratio: 4/6 (67%)
Theta: .51
Delta: 43.91
Notes: Roll short call out on significant loss of value (50% max,...
FXI had a strong week bounced off weekly cloud. The bounce is much due to USDHKD weakness as PBOC stepped in to intervene the weakening HKD. However, that costs foreign reserve and its not sustainable. With my idea of short SPY the next week. The bounce should fade away.
Weekly we can see a wide green bar but with volume lower than last week. This is either...
Turkey economy in the news for good portion of the week, end of week got better as US and China agree to meet back at the bargaining table. Dow Jones the leader this week up 1.41% followed by SPX up .59% while Nasdaq lag the trend down -.29%. Small caps RUT eek out a gain up .36% for the week. ...
I feel this company has a good future and agree with their focus on expanding their logistics to bring better services to their clients. Without a good logistics group the system will fall apart. I would be looking for a similar pattern of a double bottom it had from April to Early June. Could last a bit longer this time as earnings are set for sometime in November.
Long the Chinese Large Cap stocks with this ETF. Product is super volatile do your dd on investing in International Markets. With the weakness of the yuan against the US dollar, equities should be a good buying opportunity..buying the next day after this reversal could be a chance of collecting the move up to in the air pockets above.
Hi guys, thank you for the support! I will have this analysis out each weekend as well as daily updates throughout the week, if you guys like what I'm doing hit the "follow" button and you will get a notification each time I post a video or chart!
Have a great day everyone!
Hi guys, thank you for the support! I will have this analysis out each weekend as well as daily updates throughout the week, if you guys like what I'm doing hit the "follow" button and you will get a notification each time I post a video or chart!
Have a great day everyone!
Hi guys, thank you for the support! I will have this analysis out each weekend as well as daily updates throughout the week, if you guys like what I'm doing hit the "follow" button and you will get a notification each time I post a video or chart!
Have a great day everyone!
Hi guys, thank you for the support! I will have this analysis out each weekend as well as daily updates throughout the week, if you guys like what I'm doing hit the "follow" button and you will get a notification each time I post a video or chart!
Have a great day everyone!
On occasion, I like to take small directional shots without hanging myself too far out there from a buying power perspective because I lack directional conviction or (more often), I'm working a small account where going full on covered call just isn't an option due to buying power effect. FXI has come quite far off off highs and doesn't appear hugely inclined to...
With volatility at somewhat of an ebb here, I'm eyeing exchange-traded funds for directional plays in lieu of just hand sitting.
The setup pictured here is of a XLU diagonal with the long dated option out in Dec, the front month in August. I would prefer setting this up as a skip month (Aug/Oct), but an Oct expiry isn't available yet. Here are the metrics:...
