Comments on: Swing Trade Ideas 4-13-20

By: wilhud

wilhud — Tue, 14 Apr 2020 08:24:52 +0000

Regarding Gold the massive spread that has opened between futures GC and spot XAU/USD is interesting. Many theories abound that the physical is many times over leased and now investors are trying to redeem their contracts we are seeing big disconnects in liquidity and so on. Worth being aware of with the potential for bear squeeze. Mine supply and refining capacity being shut down also creates a short fall at a time of excess demand and dollar debasement via unlimited QE.

Worth taking a read here and following Alasdair Macleod on Twitter.

https://www.goldmoney.com/research/market-updates/please-find-me-some-physical

By: becky

becky — Tue, 14 Apr 2020 07:58:29 +0000

Thanks Randy. I took profits on VZ [short] trade. I had 2x put option position so about 10% P/L overnight. Decided to deleverage a bit as I have my own trades along with official trades from RSOT and I realized I had too many positions betting on the downturn in the markets, became too concentrated at some point. I think it’s important note that you have made about all those BRK/VZ/SPY short trades that basically all gonna be profitable or end up being at loss because they move together.

By: G-Trader

G-Trader — Tue, 14 Apr 2020 01:58:06 +0000

In reply to Gambler. I got calls on them. I’m bullish on them. I think TSLA 729 tomorrow and NFLX 425 coming. So short if you want. Just my opinion. I’m bullish on NVDA SHOP ROKU AMZM NFLX TSLA. Just my opinion

By: ds2000

ds2000 — Tue, 14 Apr 2020 01:22:39 +0000

Danielle DiMartino Booth said in an interview yesterday, "You can’t tell me that as many Americans are going to go out and spend the way they used to - go to concerts, go to sporting events, go to the movies, go to music festivals, get on planes.” No doubt. In fact, most economists, asset managers and traders are echoing that very same sentiment. HOWEVER, trading a bear market, and timing it right so your shorts don't get caught in a face-ripping rally, is tougher than it seems. So, if you firmly believe in the bearish case - a case which @rsotc makes a compelling argument for - reduce your share size so you can widen your stops. And then be patient. And if you're still waiting to jump in, if we continue upward and get closer to the 61.8 fib level of 2930, things may get a little clearer from there.

By: Gambler

Gambler — Tue, 14 Apr 2020 01:11:49 +0000

In reply to G-Trader. Agree TSLA and NFLX are they good shorts? I am in TSLA short and my position is bloody red

By: bransth

bransth — Mon, 13 Apr 2020 22:18:23 +0000

“The story by Axios that President Trump wanted to blow up large hurricanes with nuclear weapons prior to reaching shore is ridiculous,” he tweeted. “I never said this. Just more FAKE NEWS!”.
It amazes me how many VERY intelligent people just gobble up fake news. Even if they’re not sure whether or not to believe it, it burrows into their subconscious. Operation Mockingbird

By: gthompson333

gthompson333 — Mon, 13 Apr 2020 20:00:14 +0000

Great analysis. Thank you, Randy.

By: G-Trader

G-Trader — Mon, 13 Apr 2020 19:35:42 +0000

I like the analysis Randy. At some point Fed will move away. BUt I think it won’t be till next month. In the meantime. I’m bullish. Holding nice calls on AMZN SHOP TSLA ROKU. Just got me NFLX before 400. Good luck