kibo
14 posts
msg #133986
- Ignore kibo |
1/31/2017 11:20:58 AM
Fundamentally I don't see any reason for major pull back. In either case, rates dropped again and that is again good for stocks. If they go up, again that's good for stocks unless it goes up dramatically which I highly doubt it would. The only case for that if china starts dumping treasuries in faster pace. Feds won't do anything. So I guess Kevin's trade is good.
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shillllihs
6,090 posts
msg #133987
- Ignore shillllihs |
1/31/2017 11:43:26 AM
Up or down that's fine, I virtually have nothing left in the market, all in real assets.
This is just gambling.
I'll be at americas no.1 restaurant Bob Chinns for lunch with my wife at noon.
If anyone's in the Northbrook area, come and join us for a mai tai and some great seafood.
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Kevin_in_GA
4,599 posts
msg #133990
- Ignore Kevin_in_GA |
1/31/2017 2:04:47 PM
Truth is there are several things I look at, as confirmatory signals other than the primary measure of contango:
1. VXV/VIX ratio: This should be above 1.1 for a green light, between 1.1 and 1.0 for a caution signal, and below 1 is a red light. Currently at 1.17 (green).
2. VIX/VXST ratio: This should be above 1.05 for a green light, between 1.05 and 1.0 for a caution signal, and below 1 is a red light. Currently at 0.99 (red).
3. Roll Yield: This should be above 5% for a green light, between 5% and 0% for a caution signal, and below 0% is a red light. Currently at 3.64% (yellow).
4. VIX contango - VXV contango: This should be above 0 (and VIX contango above 0%) for a green light, between below 0 (and VIX contango above 0%) for a caution signal, and below 0 (and VIX contango below 0) is a red light. Currently at -0.3% but VIX contango is still at 10.15% (yellow).
Note that all of these were green yesterday.
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T_Charp13
35 posts
msg #133993
- Ignore T_Charp13 |
1/31/2017 3:33:03 PM
Can you also get that info from vixcentral?
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shillllihs
6,090 posts
msg #134015
- Ignore shillllihs |
2/2/2017 9:45:55 AM
The Kevin drama continues, as he was 1cent away from closing out his position. Utilizing ballz of steal, he said I am a man and will stick to my system no matter what. Will Tvix hit its target of 5.10?
I know I would have closed it out early, but that's just me. We need a little drama...
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Kevin_in_GA
4,599 posts
msg #134019
- Ignore Kevin_in_GA |
2/2/2017 10:46:19 AM
That trade was closed out yesterday for a gain of $1600 - I posted this yesterday.
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shillllihs
6,090 posts
msg #134020
- Ignore shillllihs |
2/2/2017 10:59:25 AM
I missed that one. I thought I saw 5.10 at some point.
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Kevin_in_GA
4,599 posts
msg #134021
- Ignore Kevin_in_GA |
2/2/2017 11:32:13 AM
You did - that was my original target, posted earlier that day before trading began. I adjusted it around 9:15 based on the PM pricing, and the trade closed out a few minutes after the open.
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pthomas215
1,251 posts
msg #134022
- Ignore pthomas215 |
2/2/2017 3:16:24 PM
Kevin, you called that TVIX short perfectly to the penny. credit where credit is due. Trying to decide on JNUG.....9.70 is its pivot point, which is where it is now....short or long...what to do...
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shillllihs
6,090 posts
msg #134033
- Ignore shillllihs |
2/3/2017 10:57:23 AM
Went long DUST 27.67....
Good luck shills...
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