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Kodiak

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Posts posted by Kodiak

  1. Dow 2020, 1987,1929

    I suppose 99% expect a retest of the low or a new low and thinking of buy the low?

    so probably grinding higher and take out some shorts?  a new leg up? (if a three wave bear market rally we have done a and b and now c?)

    So my "guess" more upside and suck in some longs before the next leg down?

    And then we maybe get a retest of the low and se how much ETFs FED will buy?

     

     

     

     

     

    DOW 2020-1929-1987.png

    • Like 1
  2. "The Fed is going to buy ETFs. What does it mean?"

    ". Among other steps, the Fed said it would buy exchange-traded funds that track the corporate bond market, a first for the U.S. central bank."

    "“All of this is to make sure that people who want to sell have a buyer,” explained Steve Blitz, chief U.S. economist for TS Lombard. “The Fed is taking both sides of the market so people who need to raise cash can do so.”"

    "The Fed created this monster so it has to be on the other side of it now.”"

    "As a second step, Rosenbluth and others think the Fed’s tiptoe may help calm parts of the ETF ecosphere, which has been rattled by record outflows, not just the bond market. "

     

    https://www.marketwatch.com/story/the-fed-is-going-to-buy-etfs-what-does-it-mean-2020-03-23

     

     

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  3. "

    Pershing Square's Ackman told Bloomberg News he's taken off hedges put in place through shorts in the credit market to offset the effects of the coronavirus. His hedge fund used the proceeds to reinvest over the past two weeks in Berkshire Hathaway stock, Lowe's stock, Hilton stock and Starbucks stock.

    "That's about the most bullish thing we've done," he said. "We are all long. No shorts, you know, betting on the country.""

     

    https://www.investors.com/news/coronavirus-stock-market-crash-top-hedge-funds-buy-amazon-starbucks-alibaba/

     

    Any man who is bearish on the United States will go broke.
    J P Morgan

    Don’t sell American short.

    J P Morgan

    Never sell a bear on the United States.

    J P Morgan

    😉

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  4. 52 minutes ago, dmedin said:

    It's gone limit up, Captain Mainwaring 🤖

    Got caught in the "lockdown"🥶

    Any reason why we cant move a limitorder on IG when this happens?

    Well i hope i get positive slippage if reopen with a gap up?

    Nasdaq.png

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  5. But lets hope that all the stimulus and free money from the centralbanks can stop the bloodbath and play out like 1987 on dow and 1998 on Dax?

    I remember back in 1998 when DAX had a ugly fall, 40% in twelve weeks and some stocks 60-70% (had som stocks back then)

    But then it all went straight up and reach a new ATH

    So lets hope for the best and be prepared for the worst😊

     

    DAX 1998.png

  6. 6 hours ago, Kodiak said:

    Lets see what happens when the futures open

    If the "patriots" that bought the Trump speech to the nation keep buying the futures?🤠

    And if we get some stimulus in asia when they start up the day?

    or if the "punters" at IG are right and we get a selloff?

    Could go either way😎

     

    Took a contrarian small punt in weekend FTSE 😉

    SUNFUN-15-minutes.png

  7. On 14/03/2020 at 13:12, dmedin said:

    Cripes Eileen, looks like there will be a gap LOWER (not higher) on Monday at this rate 😱

    463366499_WeekendWallStreet_20200314_12_11.thumb.png.d87731a461285fa2c3e5e2d745f09b22.png

    Lets see what happens when the futures open

    If the "patriots" that bought the Trump speech to the nation keep buying the futures?🤠

    And if we get some stimulus in asia when they start up the day?

    or if the "punters" at IG are right and we get a selloff?

    Could go either way😎

     

  8. DOW Weekly

    Lets see if week can close above support? and if some good news (or absent of bad) during weekend could give a gap up on monday?

    The tail under support is (a bit) "bullish" if close above

     

    every bearmarket always have bearmarket rallys (also 1929)  and they can be violent and unpredictable

     

    Lot of shorts to squeeze out😉

    Dow W.png

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  9. Waiting for Lagarde and do not expect any miracle from ECB, probly same reaction as the FED reaction?

    But about the fun of catch a falling knife😁

    So looking for some support on the Monthly charts and i suppose both Dow and Dax would "bottom" at the same time?

    What i am looking for is a bounce of some sort, a couple of weeks maybe?

    All bearmarkets have bearmarkets rallyn, maybe some kind of three wave (1 down 1 up and 1 more down)

    DOW DAX M.png

  10. "Former ECB President Mario Draghi, whom I met with regularly during that period to discuss this very issue, understood and fretted about the fact that the Germans would be very much against the move to QE. He nonetheless chose to protect the entire euro zone economy from deep recession and possible deflation, incurring the wrath of ECB hawks and Germans in the process."

    https://www.bloomberg.com/opinion/articles/2020-03-11/coronavirus-europe-needs-a-robust-response-from-the-ecb

     

    " hint of a “too little, too late” response that significantly raises the odds of a soaring euro and recession."

     

    Draghi please come back with the helicopter😷

     

     

     

     

     

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