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Pigs

I don't have a big enough imagination to make this up.Feds Financial Stability Report came out yesterday. if you need help reading between the lines. From Page 46. Hedge fund leverage remained somewhat higher than its historical average in the first quarter of 2021 based on confidential data On-Balance-Sheet leverage at hedge funds decreased in the first quarter to a level close to its historical average based on the same source off-balancesheet derivatives exposures continued to be above its historical average in the first quarter Several indicators of leverage intermediated by dealers on behalf of hedge funds, such as hedge funds’ margin and securities borrowing in prime brokerage accounts suggest that hedge fund leverage associated with equity market activities remained at high levels in January 2021, Gross leverage at hedge funds—based on the same source but including off-balancesheet derivatives exposures—continued to be above its historical average in the first quarter. No mention about Archegos. Sweep it under the carpet, blame meme stocks. You can put makeup on a pig, but it's still a pig. Are we riding a bull here or a pig?
CME_MINI:ES1!Long
by SPYvsGME
The mother of all bubbles this MSFTi Have waiting for these moment, clearly im amazed what micrsoft did these week with low volume, all these week after sever drop on monday, they push fang the first hour and long the carry trade agressively, so the rise first and then slow fall, but friday microsoft is exhausted, msft gain like 100 B In 3 days, looks bullish, but to me it looks like that the nasdaq has fall in a big bull trap,i dont know if im wrong, but the facts are the facts, the market has been manipulated in huge proportions since starting to drop on may 1, CNBC, and the admistration are sending false optimizing to the markets, "Constructive talks" "trade deal possible by next week" the fact the is just lies and more lies to keep the bubble as long as possible, they pump market pre market, and then said bad news before market close or after hours, but in reality for me looks like the crazy move from jan-2019 is just the biggest bull trap of our decade, people would remember these like that. fact are the facts: -15 months of trade talks -tarif increase from 10-25% are in effect -more tariff on the way -china retaliation on more tariff and honestly i expect more after huawai ban - china media are telling the truth no trade deal no trade talks to keep these lie alive Bubbles are created on false optimizing, msft is the most expensive stock in dow jones industrial and these stock always trade at the same level as apple in market cap now is more 120 b more expensive than apple. they dont let drop msft to even $122.82 20 day, is so bizarre and absurd to watch the price action of msft, But honestly i think they push to hard, and now the downside will be amazing, once thing fall below 120 will be fireworks, msft is the new apple like october, they speculate about apple and dont let it drop like that and then BOOM, msft is just too oberbought, if im right these fracking bubble could fall hard beetween by the next 2-3 weeks, Good luck to everyone!
NASDAQ:MSFTShort
by Kanon8260
Lean Hogs levels - Factoring in the quote below, I think a Retracement of the move we saw, is in order. - Also, given the historic price action a Retracement does seem likely. Great little quote from some Forbes article: "According to a United States Department of Agriculture (USDA) report, feeding China’s steadily increasing livestock population is a growing challenge. It takes about 3 kilograms of feed to produce each kilogram of meat. As a result, the USDA predicts China’s combined use of soy meal and corn 0.72% for animal feed will rise from 200 'mmt to more than 300 'mmt over the 10-year projection period. Much of this feed grain must be imported. The USDA expects China’s soybean -0.30% imports to reach over 70% of global soybean -0.30% imports by 2024. It also anticipates that China will account for 40% of the rise in global corn 0.72% trade over the coming decade." The counter argument could be summed up best by the wall street journal article: www.wsj.com
CME:HE1!Long
by cgd
IBEX35. Unfinished spanish businessI normally don´t watch local TV but fortunately saw the news last week while I was having a lunch. Spanish GDP is growing 3.2% since last year and I heard almost the same words that I heard in 2007: we are in front of Europe, the crisis is behind... and else, and else, and else... Just wanted to have a look at Ibex35 index, to see whether I missed some wonder or if somebody gave Spain several hundred Billion to restore the economy. UNfortunately, I haven´t missed anything and the 22% of unemployment talks for itself. From technical point of view, I can see a long-time H&S pattern which is still pending to be developed and drop spanish economy to the levels of the late 90s. And, in real numbers, to much lower than that because in late 90s there were no abysmal sovereign debt. Talking about the numbers, I expect IBEX35 to raise back to 11.000 area that is where the Hagopian line is placed. This is a psicological value for those who follow the spanish market. Once there, their voices claiming the crisis is over will be heard from every bar: a classical situation with 80%+ of the bulls. We all know what market does when such a thing happen... I would short IBEX35 from 10800 approximately, targeting as low as 3000 ish by 2-3 years as much. And hope there will be a broker who would pay for such a big short.
TVC:IBEX35Short
by captain_smollett
Hogs: Dealing with a logarithmic vs. arithmetic discrepancy My long trade is the assumption that the breakdown on the log chart is a false breakout. I trade based on LOG almost entirely, but there is a mixed bag of data here that leads me to believe it is worth considering both metrics (log vs arithmetic). Many traders dislike trend lines - this is just one of those reasons among many. The way I deal with these situations is to analyze them horizontally and see which levels are violated from there. From the horizontal perspective price is at an attractive symmetrical level as shown in purple. I am a cautious buyer here. My stop is relatively wide because $5.4 per pound ($54 per 100 weight) would still register as a buy.
CME:HE1!
by Lanmar