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Your bear market comment is irrelevant. Mr Chanos is short several biillion dollar of stock, and he gets paid on outperformance vs inverse S&P. He is long a boatlad of SPY ETF to hedge (he could use ES if he wanted)

Check out: http://finra-markets.morningstar.com/BondCenter/BondDetail.jsp?symbol=TXU.KO&ticker=C302121 http://finra-markets.morningstar.com/BondCenter/BondDetail.jsp?ticker=C302108&symbol=TXU.KK http://finra-markets.morningstar.com/BondCenter/BondDetail.jsp?symbol=TXU.KM&ticker=C302103 I see...

Yes, it's not doable without piggybacking off a big fund.

My idea was long for example $10,000 Sears bonds and short 10k stock. So you are hedged dollar for dollar. Then you welcome bankrupcy. You hope you get a few intrest payments on the bonds before that (this will cover your short costs) So in the bankrupcy the stocks are worthless, but the assets...

Example from Seth Klarman: Financial distress created such an opportunity in the debt and equity securities of the Bank of New England Corporation (BNE). A large loss announced in January 1990 caused the subordinated bonds of BNE to plunge to 10 to 13 from levels in the 70s. At the same time the...

How about long: Long SEARS ROEBUCK ACCEP CORP Coupon Rate 7.000% Maturity Date 07/15/2042 Symbol SHLD.JA CUSIP 812404408 Last Trade Price $8.30 And/or SEARS ROEBUCK ACCEP CORP Coupon Rate 7.400% Maturity Date 02/01/2043 Symbol SHLD.JB CUSIP 812404507 Last Trade Price $8.50 And short the...

Re: Claire's Claire's Stores, Inc. Announces Offer to Exchange Any and All of its 8.875% Senior Secured Second Lien Notes due 2019, 7.750% Senior Notes due 2020, and 10.500% Senior Subordinated Notes due 2017 for New Term Loans Maturing in 2021...

Good call on ES, Max!

Trading firm buckles under high costs Mocho Trading is the latest Chicago trading firm to call it quits, after only about one year in business. The firm, started last year by a co-founder of rival Allston Trading, Elrick Williams, buckled partly because of increased costs for electronically...

In Europe the average is: one time payment of 0.75% And then retrocessions of 0.2% a year

Hedge Fund Man Group Said to Shut Quant Incubator After a Year https://www.bloomberg.com/news/articles/2017-07-04/hedge-fund-man-group-said-to-shut-quant-incubator-after-a-year

Friday and Monday could get very interesting too imho Markets fall from lows, not from highs.

Take a nap, and re-evaluate at the open. PS: TSLA weak again

Have a cup of tea and relax. No positions here, I'm going to go short at the open

I don't know I can't remember the last time I traded ES or NQ premarket. And during market hours I prefer market orders anyway.

yes, you are right. But not so dovish imo 'Meeting minutes released Wednesday indicated that Fed officials believe the balance sheet can be reduced with "limited" disruption to financial markets.' limited disruption means shitstorm in fed talk :)

Don't you want to wait untill we break out of this long term trendline? (I think it will be to the downside too though)

Rotation from Tech into Financials imo