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  1. bone

    Metals activity

    Gold four month low. LME 3 month Copper off 1.37% today. Since August, LME 3 month Copper has punched through 2019 highs - very impressive run-up since the March selloff.
  2. bone

    Interestingly I don't find anything to trade today

    If it's not there the worse thing you can do is force a trade. I am always extremely careful between Thanksgiving and Christmas. Markets can wander and chop around.
  3. bone

    Janet Yellen - Remember her?? She's going to be the new Treasury Secretary

    Yeah, money supply is another one of those pumped to moon metrics distorted by the Fed. Not sure that it's feasible to compare the 80's to anything current. https://tradingeconomics.com/united-states/money-supply-m0
  4. bone

    Janet Yellen - Remember her?? She's going to be the new Treasury Secretary

    Yeah you need to throw out 2020 data. No way people are saving 33%. Please. Let's try it with the Fed's data. Longer term savings trends have been down the past few decades as compared to the 80's. https://fred.stlouisfed.org/series/PSAVERT
  5. bone

    Humbled Trader

    Destriero in a skirt would be magic, then. Not sure about his pole game, but his options game is superb.
  6. bone

    Janet Yellen - Remember her?? She's going to be the new Treasury Secretary

    I have to push back a bit on the savings and spending aspect of your opinion. Data on US Personal Savings Trends shows that in general people save less now than they did in the 80's. https://tradingeconomics.com/united-states/personal-savings High interest rates and skyrocketing fuel prices...
  7. bone

    Ghosn rights

    But his rescuer has been extradited by the US to Japan to stand trial.
  8. bone

    Janet Yellen - Remember her?? She's going to be the new Treasury Secretary

    The market likes the fact that Yellen will not be at the Fed TBH.
  9. bone

    will Kamala Harris kill the market ?

    The market loves the idea that Yellen will not be at the Fed.
  10. bone

    At least half of the futures Calendar Spreads are Illiquid??

    Every week I look at several hundred intra market futures spread combinations where each product expiry has at least three thousand contracts open interest.
  11. bone

    At least half of the futures Calendar Spreads are Illiquid??

    https://www.cmegroup.com/trading/energy/crude-oil/light-sweet-crude_quotes_settlements_futures.html https://www.cmegroup.com/trading/interest-rates/stir/eurodollar_quotes_settlements_futures.html https://www.theice.com/marketdata/reports
  12. bone

    At least half of the futures Calendar Spreads are Illiquid??

    Yeah, your choice of products makes zero sense. Nobody really cares about Gold, Silver, and Copper dated futures. It’s a simple yield roll that gets zero attention outside the LME. Same for stock indices. Before you keep making these silly posts, mind my earlier thread advice about looking...
  13. bone

    Janet Yellen - Remember her?? She's going to be the new Treasury Secretary

    You must have not financed or borrowed in the early 1980’s because there was a global recession, skyrocketing gasoline prices, double digit inflation, and the home mortgage rate made a historic high of 18.45% in the US. There was a US Savings & Loan Crisis and a Latin American Debt crisis...
  14. bone

    Janet Yellen - Remember her?? She's going to be the new Treasury Secretary

    And the Federal Reserve sets interest rates and monetary policy - not the Secretary of Treasury. The Fed recently stated said that rates will remain low for years absent signs of real inflation.
  15. bone

    Janet Yellen - Remember her?? She's going to be the new Treasury Secretary

    1. Yes, she'll get confirmed. 2. She is little more than a cheerleader or adviser on the Stimulus matter. The Treasury Secretary cannot simply go out and spend 2 Trillion dollars as she pleases. It is up to Congress and the Senate to make laws and that includes spending bills.
  16. bone

    Janet Yellen - Remember her?? She's going to be the new Treasury Secretary

    You're either trolling, or have no sense of historical context and proportion. Either way, it's a silly post.
  17. bone

    Janet Yellen - Remember her?? She's going to be the new Treasury Secretary

    Secretary of the Treasury is a Cabinet Appointment by the President and confirmed by the US Senate. The Treasury Secretary serves at the pleasure of the President. The Chairman of the Federal Reserve is a four year term that is Nominated by the President and confirmed by the US Senate. The...
  18. bone

    Pre-Marital Trading Accounts. No money ever entered from marriage. 50/50 in divorce or not?

    The best thing that a really good lawyer can do for you is to aggressively pursue the case to conclusion as quickly as he or she can. The Family Court system eats up insane amounts of money. If a party wants to hire forensic accountants, file motions for spousal support, file motions for the...
  19. bone

    Algorithm/Expert Adviser strategies...

    I am not all convinced that is the best way to trade a momentum oscillator like RSI or other momentum oscillators like ADX or Chande. The link did not allow me to read your entire text. For me, momentum oscillators have always been about convergence or divergence.
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