acestocksplayer
OCTOBER  2019  

This category is generally reserved for discussions about S&P/ NASDAQ listed stocks and general discussions about stocks priced at $5 or more. It is also a good place to discuss CHARTING (Technical Analysis) on the markets as well as on select stocks. 

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ALL OPINIONS, IDEAS AND DISCUSSIONS ARE BY ANONYMOUS PEOPLE. NEVER ACCEPT ANY COMMENTARY ON THIS FORUM OR WEBSITE AS INVESTMENT ADVICE. ALWAYS CONSULT A LICENSED BROKER OR REGISTERED INVESTMENT ADVISOR. WE ARE NOT RESPONSIBLE FOR YOUR ACTIONS.   

Enjoy the forum! Thanks, Mike
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acestocksplayer
Welcome to the OCTOBER board....the month of October is usually the most volatile of the year....

This fall, we have several big events that could cause extreme volatility in the stock market....like the US PMI Manufacturing Report tomorrow...
Or how about the China celebrations on October 1st (today) to celebrate 70 years of Communist rule (which the folks in Hong Kong plan to protest!)...
Or how about the biggie at the end of this month? I am thinking of NO BREXIT on Halloween....that could cause massive displacement of markets, according to some observers....

Be sure to read the last couple of pages of the SEPT 2019 board because some of our members have made some bold predictions about what is soon to happen!

For now, my eyes are focused on the PMI Manufacturing Report tomorrow at 10 AM ET... 

US ISM MANUFACTURING CHART....PMI

The PMI graph has been in a long descent...and if it gives another reading under 50% tomorrow, then that will be back-to-back negative readings...which most economists would mark as almost a RECESSION....! ÃƒÆ’ƒÂ°Ã…¸ËœÂ³ 

CLICK THIS LINK TO VIEW THE CHART. CLICK ON THE DIFFERENT TABS TO SEE THE TREND OF THE GRAPH OVER TIME

Tomorrow at 10 am...this could be a very significant market mover if it comes in negative for the 2nd straight month! ÃƒÆ’ƒÂ°Ã…¸ËœÂ«

IMPORTANTLY....I don't believe that the markets are pricing in that possibility....yet the Chicago PMI turned in a very depressing number today and the Chicago number often foreshadows the national PMI report the next day!
 
 
ALL OPINIONS, IDEAS AND DISCUSSIONS ARE BY ANONYMOUS PEOPLE. NEVER ACCEPT ANY COMMENTARY ON THIS FORUM OR WEBSITE AS INVESTMENT ADVICE. ALWAYS CONSULT A LICENSED BROKER OR REGISTERED INVESTMENT ADVISOR. WE ARE NOT RESPONSIBLE FOR YOUR ACTIONS.   

Enjoy the forum! Thanks, Mike
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acestocksplayer
HERE IS THE 30 MINUTES $VIX CHART....

This is the chart that I often refer to when I mention open gaps to be filled...there are currently TWO open gaps to the upside...a small one just above 17 and a much larger one at 18.8 to 19.5....the nearer gap implies a move of about 30% to the upside....and the higher gap is implying a move of 47%....if those gaps were to be filled on one day (tomorrow) then you could conceivably get a 60% to 95% move higher in TVIX since that ETN moves at 2x the daily move of $VIX....at least in theory!

Imagine that! If TVIX moves up 60% to 95% tomorrow, then an investment at $13.30 (what I paid tonight) could go as high as $21 to $25 a share....that seems incredible...but if one looks back at the history of TVIX, it has had some very big one day moves in the past....one example occurred back on a day in early February 2018 when TVIX moved up from $70 to $154 in a single day...a 120% move in one day!

I am not saying there will be that big of a move tomorrow, but only saying that the set-up might allow that, although my hunch is that it might take a two day move to get a 100 % gain on most spike events....

$VIX daily chart 

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ALL OPINIONS, IDEAS AND DISCUSSIONS ARE BY ANONYMOUS PEOPLE. NEVER ACCEPT ANY COMMENTARY ON THIS FORUM OR WEBSITE AS INVESTMENT ADVICE. ALWAYS CONSULT A LICENSED BROKER OR REGISTERED INVESTMENT ADVISOR. WE ARE NOT RESPONSIBLE FOR YOUR ACTIONS.   

Enjoy the forum! Thanks, Mike
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acestocksplayer
NUGT managed to close pretty close to the $28 lateral support line....

This has been a firm support line in the past....let's see if NUGT can re-gain its mojo from here??? 

NUGT daily chart 

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ALL OPINIONS, IDEAS AND DISCUSSIONS ARE BY ANONYMOUS PEOPLE. NEVER ACCEPT ANY COMMENTARY ON THIS FORUM OR WEBSITE AS INVESTMENT ADVICE. ALWAYS CONSULT A LICENSED BROKER OR REGISTERED INVESTMENT ADVISOR. WE ARE NOT RESPONSIBLE FOR YOUR ACTIONS.   

Enjoy the forum! Thanks, Mike
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umunver


Sweden Makes It Legal For Jihadist Migrants To Leave With The Intent Of Committing Terror Acts, Then Return

XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX


     Twisted Pair, Part 1: US & UK "Barrelling Towards Great Troubles"
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Littleshark
Tuesday 10-01-2019:

> Blackstone's billionaire co-founder says investors should worry about these 5 market dilemmas 9:00 am ET (MarketWatch)

> UPDATE: Schwab to drop commissions on U.S. stock, ETF and options trades, slamming online broker stocks 9:00 am ET (MarketWatch)
< ...

http://Stock market poised for higher open, financial stocks in focus 9:12 am ET (Briefing.com) [BRIEFING.COM]

S&P futures vs fair value: +8.90.
Nasdaq futures vs fair value: +34.00. > ...

ADT $6.55 +.28 on > http://ADT to sell Canadian operations for C$700 million, plans one-time special dividend of 70 cents a share 8:53 am ET (MarketWatch) < ...
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Littleshark
NERV > http://Minerva's stock plunges to lead all premarket losers after cyber-attack delays enrollment in a phase 3 trial Today 8:49 AM ET (MarketWatch) < ... is that a temporary set back ? ,,, they have enrolled all the people in a different trial ,,, the attack was against one of their sub contractors ... > NERV Bid: 5.68 Ask: 5.85 Last: 5.80 Chg ($): -1.95 Vol: 147,620 < ... it was down $2.00 a couple minutes ago ...

one minute before the open now ...
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Littleshark
per a post above > http://UPDATE: Schwab shares fall sharply on commission-cut news; E-Trade, TD Ameritrade hit Today 9:04 AM ET (MarketWatch) < ...

This is just crazy >

> TD Ameritrade's stock extends plunge, falls 19% premarket after rival Charles 9:25 AM ET (MarketWatch)

>  E-Trade's stock extends selloff, tumbles 17% premarket after rival Charles 9:25 AM ET (MarketWatch)
< ...
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Littleshark
http://Stocks open higher to kick off October ahead of ISM manufacturing Today 9:30 AM ET (MarketWatch) < ...
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acestocksplayer
Haha! Great news for us traders, Shark! I was just b*tching several weeks ago about how my broker's transaction costs which are thousands of dollars a year are keeping me from showing a profit. 

If TD doesnt cut thier commission rate in half within the next month, I will be moving my account to Scwab or IB.🤩
ALL OPINIONS, IDEAS AND DISCUSSIONS ARE BY ANONYMOUS PEOPLE. NEVER ACCEPT ANY COMMENTARY ON THIS FORUM OR WEBSITE AS INVESTMENT ADVICE. ALWAYS CONSULT A LICENSED BROKER OR REGISTERED INVESTMENT ADVISOR. WE ARE NOT RESPONSIBLE FOR YOUR ACTIONS.   

Enjoy the forum! Thanks, Mike
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Littleshark
http://Here are the stocks that have soared and sank the most in 2019 Today 8:50 AM ET (MarketWatch) < ... find under AAL $27.21 +0.89% AAPL $226.57 +1.16% ABMD $178.73 +0.47% ACOR $2.75 -4.18% ALGN $181.20 +0.15% AMAT $50.78 +1.76% AMD $29.32 +1.14% ARLO $3.44 +0.73% ARWR $27.99 -0.67% ASRT $1.30 +1.17% AVP $4.39 -0.23% AXP $119.08 +0.68% BA $382.18 +0.45% BIDU $102.71 -0.05% BIIB $232.40 -0.18% BLD $96.52 +0.09% BMRN $67.36 -0.06% CAT $127.93 +1.28% CC $14.91 -0.20% etc. ...
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Littleshark
http://U.S. Steel Stock Is Falling as Dow Starts the Quarter With a Gain -- Barrons.com Today 8:59 AM ET (Dow Jones) < ...  X fell 6.7% pre-market on news ,,, but up over 6% now and rising +.90 ... find under ADI $115.76 +3.61% MKC $161.95 +3.61% PM $76.23 +0.40% X $12.28 +6.34% ... X +1.10 now ...
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acestocksplayer
ISM  PMI Manufacturing Report due out in 7 minutes....

Brace yourselves! I don't think the market has this priced in! 😶
ALL OPINIONS, IDEAS AND DISCUSSIONS ARE BY ANONYMOUS PEOPLE. NEVER ACCEPT ANY COMMENTARY ON THIS FORUM OR WEBSITE AS INVESTMENT ADVICE. ALWAYS CONSULT A LICENSED BROKER OR REGISTERED INVESTMENT ADVISOR. WE ARE NOT RESPONSIBLE FOR YOUR ACTIONS.   

Enjoy the forum! Thanks, Mike
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Littleshark
Picture this > http://schrts.co/GvHKBNQc ETFC ... what is the trade here ? ... if any ... http://schrts.co/IQydaups AMTD ... are they down for good ? ... Charles Schwab ? ...
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Littleshark
ISM  PMI Manufacturing Report due out in 7 minutes....

Brace yourselves! I don't think the market has this priced in! 😶


Ace nailed it ,,, look at the chart top of this page ...

> Treasury Yields Decline After ISM Factory Index Falls -- Market Talk 10:12 am ET (Dow Jones)

> US Stocks Fall As ISM Factory Index Slides to 10-Year Low -- Market Talk 10:11 am ET (Dow Jones)
< ...

p.s. > Stocks Give Up Gains as Manufacturing Data Disappoints 10:16 am ET (Dow Jones)

> Dow sinks after ISM manufacturing report comes in at worst level since financial crisis 10:14 am ET (MarketWatch)

> Treasury Yields Decline After ISM Factory Index Falls -- Market Talk 10:12 am ET (Dow Jones)

> US Stocks Fall As ISM Factory Index Slides to 10-Year Low -- Market Talk 10:11 am ET (Dow Jones)
< ...
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PLAY_HRD
VXX - I missed getting my Calls bid filled by one cent, and while VXX has spiked from today's lows it's hasn't really taken off higher.  The markets have been quiet calm all things considered.
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tja1
ISM  PMI Manufacturing Report due out in 7 minutes....

Brace yourselves! I don't think the market has this priced in! 😶
Nice call Ace!
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tja1
PLAY_HRD wrote:
VXX - I missed getting my Calls bid filled by one cent, and while VXX has spiked from today's lows it's hasn't really taken off higher.  The markets have been quiet calm all things considered.
The day is  young....LOL  

Actually I agree, the markets are pretty calm right now all things considered.  However I suspect we are on the precipice.  Next few weeks could be tough
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CMAC38
That PMI # sure did a number on gold and NUGT.   Called that right on ACE.  congrats.
Interesting setup on 5minute chart in TVIX right before the PMI news. Then it popped as well.
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Littleshark
http://GoPro stock surges after launch of new cameras Today 10:19 AM ET (MarketWatch) < ... http://schrts.co/WIthdQHu GPRO ,,, look at their past earnings each year ,,, very cyclical ,,  4th quarter is always their hugest earnings quarter ,,, and the 3rd quarter is 2nd best ,,, this year the 2nd quarter was profitable v/s 2nd quarter always had losses in the past years ... +.03 EPS 2nd quarter ,,, consensus estimate for 3rd quarter +.08 ,,, 4th qtr estimate +.35 ...
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acestocksplayer
Yes, I nailed it. My NUGT shares have jumped in a sharp reversal.....most of the losses I suffered yesterday are nearly wiped out....

I grabbed 2 PAAS calls too...for mid-November expiration.😉
ALL OPINIONS, IDEAS AND DISCUSSIONS ARE BY ANONYMOUS PEOPLE. NEVER ACCEPT ANY COMMENTARY ON THIS FORUM OR WEBSITE AS INVESTMENT ADVICE. ALWAYS CONSULT A LICENSED BROKER OR REGISTERED INVESTMENT ADVISOR. WE ARE NOT RESPONSIBLE FOR YOUR ACTIONS.   

Enjoy the forum! Thanks, Mike
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acestocksplayer
CMAC38 wrote:
That PMI # sure did a number on gold and NUGT.   Called that right on ACE.  congrats.
Interesting setup on 5minute chart in TVIX right before the PMI news. Then it popped as well.


Yep, CMAC38.....my little 50 share purchase of TVIX is in the green now.....

I think the algorithms were not programmed for this PMI report or the market would be getting crushed by now....

I think the programmers are racing to change the inputs....we could see a big selloff this afternoon into the close! 🤔
ALL OPINIONS, IDEAS AND DISCUSSIONS ARE BY ANONYMOUS PEOPLE. NEVER ACCEPT ANY COMMENTARY ON THIS FORUM OR WEBSITE AS INVESTMENT ADVICE. ALWAYS CONSULT A LICENSED BROKER OR REGISTERED INVESTMENT ADVISOR. WE ARE NOT RESPONSIBLE FOR YOUR ACTIONS.   

Enjoy the forum! Thanks, Mike
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Littleshark
Uh-oh Ace ,,, we might have to take http://schrts.co/hrVstPGk NOK discussion back to the penny board ... $4.93 just now ,,, but that exactly filled the open gap at 9-4 BC day high $4.93 ... maybe Doc is buying some ? ...
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Littleshark
the news spin now >

> UPDATE: Factory jobs are again shrinking in industrial Midwestern states 10:51 am ET (MarketWatch)

> Ugly ISM Data Ratchets Up Worries Over Economic Outlook -- Market Talk 10:50 am ET (Dow Jones)

> UPDATE: Dow sinks 150 points after ISM manufacturing report comes in at worst level since financial crisis 10:50 am ET (MarketWatch)
< ...
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umunver


                         Ace, GREART CALL>  Congrates.
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