/biz/ - Business & Finance

>Opening OP with Questions
>(((General)))
You aren't even trying. Fuck of loser

/ES 2981
VIX 14.9
/VX 15.6
VVIX 96
Put/Call ratio 88%
$DXY 98.8
US 10y T
/CL 57.8
/GC 1417.5
EUR/USD 1.10

https://www.reuters.com/article/us-global-markets/mind-your-backs-dollar-coming-through-idUSKCN1UQ2Y9

All you really need to know this morning is the dollar his higher.

Volatility is back. Hopefully it continues higher from here and lasts at least a few days.

The great thing about trading options strategies is we can hedge.

VZ beats in Q2. Shares up 1.25%


Black swans still lurking everywhere.

Yesterdays thread on the FX trading was excellent:
>>15061361

I tried options once. bought some SPY calls. then next day the market dipped because of the way some people interpreted some random comment the chairmen of the Fed said. down 75% in a day and just held until they expired

>>15064852
learn how to trade
get a real broker, neckbeard

Is a 25 basis point cut meaningful in the long run?

https://www.reuters.com/article/us-global-markets/mind-your-backs-dollar-coming-through-idUSKCN1UQ2Y9

https://www.cnbc.com/2019/08/01/powell-confused-markets-on-interest-rates-but-fed-probably-cuts-again.html

Looks like a bear flag on the futures.

>>15065008
My opinion is that it's meaningless. Powell didn't want to admit it but this needs to be a reversal of policy.

We're likely going to 0.

dollar strength. Biggest pop on the DXY since presidential election

10:00 AM today
ISM Manufacturing Index

This month, the regional surveys point to further weakening in U.S. manufacturing.

Chinese forces building on the HK border

North Korea says it tested crucial new rocket launch system.
fires short-range missiles for second time in a week

Weekly jobless claims higher than expected
215k vs 214k expected

>>15065292
Not true 外国人

>>15065451
>Not true
fuck off PRC commie
get banned

>>15065008
No but he didn't want to say another quarter point cut is coming, at that point he might as well have said
> We are cutting the rate by half a point, because the independence of the FED is nothing but illusory, and my bosses, as well as the President have told me to cut.

>>15064908
>pay some loser who went through an ideological brainwashing institution to handle my wealth
KEK, get a load of this retard

>>15064908
Hi

>>15065486
>he didn't want to say another quarter point cut is coming, at that point he might as well have said

"“Let me be clear: What I said was it’s not the beginning of a long series of rate cuts. I didn’t say it’s just one or anything like that. When you think about rate-cutting cycles, they go on for a long time and the committee’s not seeing that. Not seeing us in that place. You would do that if you saw real economic weakness and you thought that the federal funds rate needed to be cut a lot. That’s not what we’re seeing.”

https://www.cnbc.com/2019/07/31/the-two-words-from-jerome-powell-that-rocked-the-financial-markets.html

>>15065496
>KEK, get a load of this retard
why u so angry little child?
already blow your RH account already?
go follow the market genius on SMG
drink the pump and dump koolaid
loser

our VIX calls from Monday already doubled

Now:
VIX 15.32
/VX 15.7

SKEW index remained strangely low in 121 range. Most fund managers not paying insurance against a -2sd move yet?

>>15065476
Go back to Africa nigger

Look at bearish strategies on XLP consumer staples. Defensive sector has been the over crowded trade right. Perceived 'low risk / low volatility', but will get dumped as it fails the trend up to this point and returns to the linear regression range.

>>15065644
>Go back to Africa nigger
PRC commie troll
why can't you even admit the truth about 1989 Tiananmen ?

>>15065546
>u mad
Top Kek, you need to adjust your sentiment reader

>>15065698
>Top Kek, you need to adjust your sentiment reader
aww sad little child can't cope with the changing world

Watching for opportunities in FX volatility selling
implied vol on FXE still relatively average here compared to what we saw in 2018

>>15064844
Are CFD fags welcome?

>>15065887
>Are CFD fags welcome?
Bring it. We're tolerant here. Everyone welcome except for penny stock pump and dumpers, cat pic spammers, PRC trolls, NAZIs, and all the other swamp scum.
Here's a chart for you to get rich from.

>>15065209
US July ISM manufacturing index 51.2 vs 52.0 expected

SPX rejected 2995 resistance

most sectors green this morning.
IT sector leading higher.
energy and realestate sectors leading lower

bulls retrace half of yesterdays move

VIX deflates back to 14.5 after yesterdays push to 16. But still overdue to hit 17% decade average range.

days SPX high at 3002 range of previous lows?

Treasury yields take another plunge today

a big move in /GC overnight
profit taking.
this has come in nearly $5

10-2 yields spreads flattened to the narrowest since march

VIX backtesting suggests to expect more VIX upside ahead as equity markets sell further in the days ahead.

ES now at previous resistance trend
todays move outside the expected range.

SMG pump and dump scammers >>15067679

We continue trying to read the tea leaves.

Emerging markets " looking queasy".

The dollar should be on all serious traders’ screens. No matter what you trade.

How am i doing guys?

The whole world is watching....
Chinese forces are building up outside HK.
The chief of the Chinese military garrison in Hong Kong has warned that the army stands ready to "protect" Chinese sovereignty.

this commie PRC propaganda tells you theres going to be another Tiananmen soon.
https://youtu.be/g1TZtIfYz44

What a trainwreck in markets this week.

Taking some gains off the table:
170% on VIX calls this week
Sell to close: VIX 100 21 AUG 19 18 CALL @1.50
170% on VIX calls this week

Emperor Trump making VIX great again :

“Trade talks are continuing, and during the talks the U.S. will start, on September 1st, putting a small additional Tariff of 10% on the remaining 300 Billion Dollars of goods and products coming from China into our Country.."

>>15065719
>cope

This could be just the start.
Put your hard hat on kids.

VIX hit 19+
10 year Treasury 1.89%
put /call ratio at 1.0

Retail, energy and semis sectors hit the worst.

>>15067982
Nice

be away few hours, spy from +1.00% to -0.8% :P hedge shorts on green apparently already

sold my UVXY calls before they crashed
What incredible timing.

>>15067950
Thats good
How am i doing?

Trump now saying the new 10% tariffs could be raised to 25% or more.

You and I will pay this tax on products. Consumer spending will decline.

Curious timing from the 'tariff king' deciding to do this the day after the FOMC.

So whats the 'stable genius' really trying to do here? Tank the markets?

>>15070597
Tariffs are acting in the opposite direction of rate cuts. He pretty much nullified the fed rate cut with one tweet.
He's weaponizing the dollar to fight back against other countries attempting to exit dollar hegemony like Iran, Russia, China etc.
He'll probably attempt to remove the tariffs sometime before his next election which will cause the economy to moon.

>>15070378
Zoom out

>>15071386
Its an app

>>>15065719
>>cope
how'd the trading go for you today Harold?