Boiler Room: The Official Stock Market Discussion

[TRFG]

USDJPY - 121.5

I could see this shyt hitting 125-30 easily. Hell i could see 140. Its like their jealous of Russia.

US stock markets have been highly correlated moving higher when yen moves lower.

I could swear I just read a tweet about the Japanese Dollar falling while US stocks at a all time high. Y'all do this stock trading as a living?

I also read Russians are putting their money in Bitcoins

 

[Ohene]

oil looking like itll hit 50 before it comes up. crazy

 

[无名的]

oil looking like itll hit 50 before it comes up. crazy

Very possible... but...

http://finance.yahoo.com/news/hedge-funds-betting-opec-led-045053264.html

 

[Ohene]

Very possible... but...

http://finance.yahoo.com/news/hedge-funds-betting-opec-led-045053264.html

I'm torn either way. A part of me actually sees $60 as a good point to get back in some E&P equities but I dont wanna get burned so I'll be watching on a day by day basis. The way its been moving it could hit the Low 50s by the end of the year though so while I see it reversing soon, doesnt mean that the bottom is in to me. Perhaps I'll open some positions when it hits 60 and wait for it to go lower before I open more.

Let this shyt hit 55 or so and I'm all in for the long term eff it.

edit:

"People are thinking that we've hit the bottom and it can only go up," Michael Lynch, president of Strategic Energy & Economic Research in Winchester, Massachusetts, said by phone Dec. 5. "$70 is the new $100."
...

Speculators have misjudged markets before. They increased the net-long position by 8.7 percent in the week ended Nov. 11, only for prices to drop 16 percent since then

...

"A lot of people thought that once the market dropped so dramatically, it didn't have that much further to go," Phil Flynn , senior market analyst at the Price Futures Group in Chicago, said by phone. "It's almost like a sense of denial of what's going on."

I've seen this kinda shyt before. Gonna be patient. Even when XLE went from 110 to 88 in weeks I was . Went in and was scorched . I expect a mini bounce and a drop. I wonder how TSLA is doing. Looks like it is in a descending triangle trading pattern

 

[Domingo Halliburton]

McDonalds with a shytty quarter

 

[Domingo Halliburton]

if you want to see how risky IPOs can be look at Wayfair (W).

what a shytty IPO down 45% in 10 weeks.

 

[Ohene]

PWE's execs have remarked that the dividend is safe in recent months. But its currently at 18.5%

shyt...they can chop that shyt in half and ill still eat that dividend

 

[Domingo Halliburton]

Tesla only sold 1,200 model S in November

guess those batteries better pan out.

 

[Domingo Halliburton]

hedge fund positionings from BofA:

• Equities. Large specs bought S&P500, NASDAQ and Russell contracts. S&P500 longs have increased to a six month high. Technicals recommend remaining bullish and MAA suggests buying can continue. For a second week specs reduced EM net long position. Techs recommend remaining bearish.
• Metals. Large specs bought gold increasing net long position. Silver was bought for a fifth consecutive week, at the fastest pace in more than three months. Both MAA and technicals suggest remaining bullish. Specs sold copper increasing net short to largest in a year. Our indicators recommend remaining bearish.
• Energy. Large specs sold crude decreasing net long position. Specs have reduced net long crude position in twenty of the past twenty three weeks. Specs also reduced natural gas shorts for a second week but at a reduced pace. We recommend remaining bearish both.
• FX. Specs sold JPY for a fifth week increasing net short positioning. Specs also sold MXN for a tenth week in the previous twelve weeks to increase net short position to largest in ten years. We recommend remaining bearish JPY and MXN.
• Agriculture. Large specs bought wheat for the third consecutive week to now be net long. Our indicators suggest remaining bullish. Specs sold corn after seven consecutive weeks of buying. Technicals recommend remaining bullish and MAA suggests we should see further buying.
• Interest Rates. Specs sold 2yr, 10yr and 30yr contracts. 10-yr contracts were sold at a strong pace to increase net short positioning to largest in six months. Techs suggest remaining bearish 10yr and 2yr.

 

[Domingo Halliburton]

I remember when a 2-3 dollar move in oil was a big move. Now it seems like it's every other day.

 

[Ohene]

Talisman energy shot up like 10% in seconds

Buyout rumor or what?

LVS almost at my target of 55.

No money to go in with

 

[无名的]

Talisman energy shot up like 10% in seconds

Buyout rumor or what?

LVS almost at my target of 55.

No money to go in with

Breh........ fukk

I was getting ready to execute a $3 2017 call order at $1.35 a contract then all the sudden the halt and spike came. Repsol back in talks for acquisition of assets or entire company.



I just straddled $3 Jan 2017 contract.

Paid about $2800 and got 10 contracts for the $3 call and $ put.

Bring it home, Icahn.

 

[Ohene]

Breh........ fukk

I was getting ready to execute a $3 2017 call order at $1.35 a contract then all the sudden the halt and spike came. Repsol back in talks for acquisition of assets or entire company.



I just straddled $3 Jan 2017 contract.

Paid about $2800 and got 10 contracts for the $3 call and $ put.

Bring it home, Icahn.

it never fails breh

when youre on the sidelines watching something stays down so you can go in it always goes up

 

[无名的]

it never fails breh

when youre on the sidelines watching something stays down so you can go in it always goes up

I can't believe that shyt... literally on the verge of getting my calls $500 cheaper.



Institutions must be smelling $$$$

After hours already with orders in excess of 16k, 85k, 159k.

 

[Domingo Halliburton]

if we get a little more volatility maybe we can have Bullard make a few comments about QE and have a total reversal again.