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Coronavirus (COVID-19)

12/23 WATCHLIST + MARKET OUTLOOK (Warning!)** THIS IS PURELY MY OPINION AND I AM NOT LIABLE FOR YOUR TRADING DECISIONS ** Very interesting day today where even though we GOT the stimulus bill, the market did not seem satisfied. We remained under the major support (now resistance) trendline in red, which has served as support since the coronavirus low. There are 2 reasons this may have happened: (1)There is a big possibility that the market had fully priced in a large stimulus package, and is now asking "ok, what else can you feed me?" OR (2) Investors are scared of the covid mutation making its way through Europe. Regardless of the reason, it is a particularly dangerous time for this to be happening because if you look at the put-to-call-equity ratio, it dropped to pretty much all time lows as soon as the stimulus bill was announced. This means that market participants are overleveraged on calls and expecting the market to continue going up (being greedy). While this is not a sell signal by itself, if the market starts to correct, we could see a big long squeeze as investors panic and offload their long positions. I would save the PCCE graph to your watchlist and check it frequently. It is essentially the chart that tells you when to be greedy vs. fearful according to the old adage: "When others are fearful, be greedy. When others are greedy, be fearful." A normal PCCE level is roughly indicated by the 2 white lines I've drawn on the graph. My bias going into tomorrow is neutral. However, the market doesn't care about my opinion and will do what it wants, and I will trade what it gives me! The watchlist from yesterday went absolutely nuts. Highly suggest finding your favorite setups and focusing on those. Don't worry about missing a play! There are opportunities every single day. WATCHLIST 12/23 Recall that my trading style is short scalps and intraday options. These are not swing levels. ZM calls over 409.1 BABA puts under 255.4 BLNK calls over 49 PENN calls over 96.65 PYPL calls over 244 SQ calls over 243.4 MRNA puts under 123 NVDA calls over 531.8 WKHS calls over 23.45 TWLO calls over 374.7 NFLX calls over 527.6
USI:PCCE
by algrowithm
12/22 WATCHLIST + MARKET OUTLOOK** THIS IS PURELY MY OPINION AND I AM NOT LIABLE FOR YOUR TRADING DECISIONS With the stimulus bill all but passed, and fairly positive sentiment around existing vaccines being effective against the new coronavirus strain, I remain bullish and continue to believe we will see a blow-off top in equities in the short term. This morning during pre-market, we're seeing SPY back above the major support line (red) that has been support since the coronavirus low. Let's see whether we can break the major resistance line (green) today. If so, a good trade would be to wait for a retest of this line, and enter long on the bounce confirmation. Yesterday's watchlist went absolutely bonkers. I post watchlists daily - be sure to follow me so you get the notification! WATCHLIST 12/22 Recall that my trading style is short scalps and intraday trading. These are not swing levels. LONG LIST TODAY! Highly suggest you pick a few of your favorite setups out of these and just focus on them BA calls over 221.2, puts under 215.6 PLTR calls over 29.75 MSFT calls over 224 CHWY calls over 109.1 GRWG calls over 41.2 JMIA calls over 43, second entry 44.5 NFLX calls over 531.9 NVDA calls over 534.9 BABA puts under 257.8 DIS puts under 170 PYPL calls over 240.45 SOLO calls/equity over 7.65 TWLO calls over 370.5 HD calls over 272
AMEX:SPYLong
by algrowithm
Hope but also fear & despairHOPE I have to start with a little lesson or reminder: - Parasites: Organisms that live temporarily or permanently in a host, feeding off its host rent free, in its best interest to keep the host healthy or at least alive. - Bacteria: Entire domain (Bacteria, Archaea, Eukarya - Animals & Plants are Eukarya) that just doesn't care, some of them eat their "host" alive or dead. - Virus: Undead creatures (technically...) that inject dna in their host to make more of them. They cannot spread on their own. Need living host. - Prion: Misfolded protein which transmits its shape to other ones in a chain reaction and causes terrifying psychiatric symptoms, death. No diagnosis, no cure. Let's focus on viruses. Their objective is to multiply. They're quite basic. Take 2 viruses, which one do you think will spread the most? A- Host instantly collapses to the ground, bleeds through his eyes, and dies in 3 days. B- Host is full of energy, never gets any symptoms, speaks to people, laughs, goes into nightclubs weekly. The second epidemic of SARS-cov-2 which was also called covid-19 had more cases but less deaths. The UK has a third mutation (third is incorrect as there have been at least thousands of mutations) and this one is far more contagious than the last ones... If it is more contagious it would not be crazy to expect it to be less severe... FFS it's a virus that's not even alive, not an alien invasion trying to wipe us out. Most viruses have very low mortality rates. All the very lethal ones come from? From other species! In particular flying critters, and in more particular bats. HIV is said to come from some monkey, could be flying primates who knows? These viruses have adapted to their hosts, and when they transmit to humans they come in another form. Common sense says "don't eat anything that looks like you". Eating humans enough times will result in a guaranteed light speed devastating exponential spread of 100% death rate prion disease. Eating monkeys often ends up badly. I would also avoid bats. Why do bats develop so many "super viruses"? This is the answer: Bats fly, and when they do their body heats up (I think it goes up to 40°C which is what a human gets when they have hardcore fever - fever is a body method to get rid of disease by killing it with heat). Since their body heats up it damages their dna so they have a super saiyan immune system. A virus is fragile. Only the "strongest" ones, in this case severe, will survive, and they'll be just severe enough to live in bats without killing them. The "weak ones" just go away. So when this bat virus jumps to humans it's super deadly compared to where it should be at, because humans don't heat up all day long like bats and humans do not have a radioactive immune system. The virus is overtuned for humans. Then what happens is now the "strong" virus individuals - the most severe ones - are now the "weak" ones, host dies, host does not spread, and the virus dies with it. The "weak" ones are now the "strong" ones that will spread their genes. The virus evolves until it finds the perfect balance, which is never ending as the environment in general always changes but not as fast as changing species. Oh by the way, this blows out the "survival of the fittest" theory. The organism that survives is the one most adapted to its environment, and the result can be as we see here a total 180°. We can expect things to calm down, and no need to get all paranoid and have panic attacks. Anything can happen, but things settling down is very likely. FEAR & DESPAIR Haha just kidding we're all going to die. In the past years the world has become completely open. Globalism always existed but not as much as today. SARS happened about 20 years ago, who knows how bad it would have been if there were no borders like today? Look at Europe and the rest of the world, they blocked all travel from the UK. Even Bill Gates was able to predict something like covid-19 (I think we got very lucky here, could have been really terrible), it was obvious it would happen, only a matter of time. There are extreme diseases all the time, but most of the time they remain local and die off (not during the black death era). If half the planet is constantly jumping around countries you can be certain some local deadly diseases will jump with them. Having noble virtuous openness philosophical ideals is cute and all but keep in mind opening up comes with everything: ideas, people, problems, disease. It's like always putting all your eggs in the same basket, you are very optimistic. The science cult believes science will save us all. All I've seen until is mass panic and a rushed untested vaccine with coinflip long term effects against a virus that mutated dramatically, no idea if it will work against this new virus. The vaccine also came long after the epidemic was over and it killed more than 1 million people. Now imagine a kind hearted virtuous noble open world with a continent wide schengen area in every continent, and ease of movement, migrants can go anywhere they want, illegals are welcome with open arms and actually are not illegals because it's legal to do whatever you want. Now. Tell me. WHAT WILL HAPPEN DURING THE NEXT EBOLA/MARBURG VIRUS OUTBREAK? It's only a matter of time. Maybe the next one won't spread. But EVENTUALLY I can guarantee with absolute certainty there is one that will spread. And it will be lots of fun. Towns will fall first. Armed civilians and/or tanks will obliterate anyone trying to leave the cities. But this won't stop the spread. Half the planet will die. Every one will become ultra-racist and murder anyone that looks different. Governments will collapse. There will be no more order. People will isolate, kill each other for food. Wow such inclusiveness. Or the next plague could be hantavirus (rats), or something else (with climate change there has been an explosion of wildlife - boars, foxes, deers, goats...) Or maybe it will be much much worse than even Ebola. We'll all get our food from the same place, and our food will develop some prion disease. People that eat this food will catch a disease we can not diagnose. The proteins will end up spreading exponentially to fields hence all types of food, they will end up in the water, they will end up everywhere with no sign of illness. And then people will start dying by the millions. Those alive will know deep down they have it. And remember prion causes horrifying psychiatric symptoms yay! Governments will straight up nuke all large cities in a desperate attempt to save humankind. It sounds crazy but it's very real. People will get paranoid and shoot anything that moves in a 25 meter circle around them. But it will be too late anyway. No one will survive. Everyone will die a horrible slow excruciatingly painful death. The end. If you risk 100% of your money on each trade, no matter how high your winrate YOU WILL BLOW UP this is a promise I make to you. Same concept with getting all food from the same source, or 1 single worldwide globalist borderless nation.
CME_MINI:ES1!Education
by MrRenev
2
Potential Impulse is setting upChart of Astra-Zeneca, they are #developing the #COVID #Vaccine with #Oxford. Although they have had some issues with the vaccine, the chart tells something is coming... I am Projecting high quality example, by covering the most likely Predictiv and Effective way of #ChartReading Egde behind any upcoming movements. Is this sounds something #realistic ? Although Life is much more #nonlinear than our brain thinks it is I personally focused on a more proven #bias to get very high returns by Identifying behavioral model of development structure recognizing which is validating that potential change in major direction within the process of its momentum phase as a guide to avoid some vital mistakes to have a complete set of clean filtered compound flowing approach method based on the fact that within a aspect oriented Data-class elements, setting up simplified valid technique and executing more high probability confidence in confirmation that will increase the accuracy of taking an educated guess solution. Pro-Tipp: Buildup your #corrective account.
FWB:ZEGLong
by waveful
US Markets are "gonna' get it"?Hello Traders! Happy start of the week. I hope you are having a good end of the year holiday. :D In this idea we will talk a little more about the outlook of the US markets, mainly due to the characteristics of the recent rally, which has brought several indexes to all-time highs, once again. The recent news of the stimulus packages approval in the US has resulted in optimism as the markets had a lot of uncertainty (and fear) that government aid would stop. However, these good news doesn’t seem to have had a very significant impact on the price, as there is growing fear about a new wave of lockdowns. These concerns arise from the lockdowns we’ve seen in various European countries, which has caused a risk-off sentiment in the markets again. This combined with doubts about the vaccine's distribution due to the required storage temperatures, raises even more concerns. If we analyze the message on the volume that the market leaves us, we can see how, repeatedly, when the market rallies, the volume decreases, which ends up causing the rally to be weak, and to run out of further progress. On the other hand, we can see that as the volume increases, the market begins to show dumps in the price, which reflects a high bearish interest. In the same way that we commented in the past analysis on the US markets, this is nothing more than a factor to consider within our trading plans, since in summary, the market tells us "Hmm, I’ll go up a bit but dumping like a rock seems more appealing to me", and while this is not a direct message to take trades, it is something that we must consider when conducting our analysis. I hope this post helps you! Remember to leave your opinion in the comments. As always, no matter what your perspective is about the market, you gotta’ plan your trades and trade your plan!
CME_MINI:ES1!Short
by FernandoBorea
GBPAUD: Where From Here?Expecting GA to drop before making a U-turn to the upside and potentially rally up to 1.8400 in the process. If I do get my entry at 1.7500 I'll be looking at collecting 900 pips if everything goes according to plan. There's a lot of fundamentals surrounding the Pound at the moment as there were news that surfaced on the weekend about Mutant Coronavirus Strain, Brexit No-Deal and London going back to full lockdown, I think it's fair to say not everything will g smoothly in terms of my analysis after all this is Trading there are never guarantees. Fortunately should things go south there is a way out as I make sure risk management comes first before anything else. My advice to anyone who's looking to make it here in this business is for them to make sure they do apply risk management in their trades at all times. Btw an idea I posted Friday on GBPUSD is currently going according to plan Check it out. If you've got any questions comment below.
by DYongs
#FB - 1D - DEFINITION ZONE.Perfect uptrend since May. Multiple tests over the past few months. 7 to be exact. Here we are now again. The last session left us with a Doji candlestick pattern just under MA50. This Sunday, Republican and Democratic party leaders announced that a deal had been reached for a new stimulus check. There are enough votes for a majority approval this Monday on congress. We might spect a bullish day tomorrow for all mayor companies of SP500. With this tailwind in favor, the price could break MA50 and cross Ichimoku's cloud at the same time. This will could create the propper impulse to break that pennant triangle and reach ATH as the first target. In this case, we don't have a main support under trendline to act as a safety net. So, I would like to take two approaches: Conservative Strategy: - Open position: USD 276. 40 - Stop Loss: USD 269.54 - Price target: USD 304. - Risk/Reward ratio: +4.6 Risky Strategy: - Open position: USD 276. 40 - Stop Loss: USD 264.46 - Price target: USD 304. - Risk/Reward ratio: +2.53 Risk management is always as important as all research and technical analysis we can make.  Long-term profitable trading is about been wrong small and right big.
NASDAQ:METALong
by aoberninger
2
Covid-19 Scan of North Europe and North AmericaQuick scan for Northern Europe shows that Sweden is spiking rathe parabolic. They went for herd immunity, and recently only backtracked to making mask wearing mandatory. Quite obvious what we are dealing with and there is no two ways about it. The neighbour, Finland, which has been out of the news is actually similarly spiking, albeit slightly moderated. Russia is similar with a spike that is appearing to be slowing slightly. To the south, Poland is better off with a plateau incoming. Clearly, Northern/Eastern Europe is is no better shape than Western Europe. Stay safe and healthy. Blessed Christmas to everyone there...
C
by Auguraltrader
COVID-19 check-in on Singapore, Malaysia, Indonesia and ChinaSimilarly to previous scan set up... Singapore numbers are rising, heads up given weeks ago, and still continue to rise... once the MACD histogram crosses above zero, it is highly likely to be the next wave. Having said that, you can see China’s chart is just about starting up (ahead for Singapore), and after Chinese New Year, would likely be a spike or Wave 2 in motion, IMHO, it has already started for China. Indonesia is accelerating again in their initial wave... Malaysia is deep into Wave 2 and has not peaked out yet. Risks are there, and honestly does not appear that a vaccine would quell the pandemic. Perhaps mitigate the spread and moderate its acceleration somewhat. So be prepared. We are getting data heads up weeks, maybe months in advance.
C
by Auguraltrader
Western European COVID-19 forces a close(er) ChristmasA quick screen of the COVD-19 situation in the Western European countries of Great Britain, France, Germany and Italy shows that all have had a spike in recent months. The MACD histograms actually decipher the rate of acceleration of the spike in cases. Hence, the MACD histograms really need to go below zero to get a deceleration in the number of COVID-19 cases. From here, we can see... Great Britain is moderating it’s spike. France is slowing down the spike somewhat, nonetheless still increasing, albeit at a moderated pace. Germany is still in acceleration phase of their Wave 2, and it would may be months before it decelerates. Italy, like GB , is moderating slightly. So much for Christmas... it would be one that returns everyone to basic nuclear family, where Christmas is less consumer driven, and more family orientated. While we know the deteriorating conditions, we pray that families get closer and bond better through this period. God bless... Merry Christmas, Joyeux Noel. Stay safe, stay healthy.
C
by Auguraltrader