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  1. mervyn

    ES Journal - 2023/2024

    people are selling in anticipation of "good" nfp number tomorrow, that is my guess.
  2. mervyn

    T-bills Treasury Direct vs Broker

    I buy m t with fidelity, perfect service, rarely need to call them. no commission on new issues, the "underwriters" pay them.
  3. mervyn

    ES Journal - 2023/2024

    Went short last night, let me ride to Friday, 3820?
  4. mervyn

    ES Journal - 2023/2024

    https://www.nytimes.com/2023/01/04/business/economy/inflation-markets-fed.html For layman’s read, summarized perfectly. I’d sell any rally, 50bps is not out of question. the algo will have to lift these four plus TSLA.
  5. mervyn

    ES Journal - 2023/2024

    I can hardly see any upside (breakout up). AAPL, MSFT, AMZN and GOOGL count for 15% of SPX, and the same group of these four stocks count for 38% of NDX. Just look at these charts, they are on or near 52 weeks low. The math of breakout doesn't work. MSFT got hammered today. Anything rally into...
  6. mervyn

    ES Journal - 2023/2024

    I go flat with all my positions, taking some minor losses from 3909 and 3918. Storms are coming, be warned. 12 days of same range trading is not a good sign. Today is msft’s turn.
  7. mervyn

    ES Journal - 2023/2024

    another 18 points easily on 1 minutes chart next stop nfp friday
  8. mervyn

    The fine GOP House majority

    it is already funded next year last week or so, military and otherwise.
  9. mervyn

    The fine GOP House majority

    I’d say find someone else. McCathy doesn’t have the leadership quality, can’t run his own house.
  10. mervyn

    ES Journal - 2023/2024

    2 lot
  11. mervyn

    ES Journal - 2023/2024

    this is in a hurry. 32 points.
  12. mervyn

    ES Journal - 2023/2024

    I really hope to see a last round rally into yesterday's high when FOMC Minutes reads soft than anticipated. ZN went up a lot.
  13. mervyn

    ES Journal - 2023/2024

    gambling man indeed.
  14. mervyn

    SMH

    I think Semi has another 30% to drop, when China is not allowed to buy ours and we lose their market completely. That's the backdrop.
  15. mervyn

    The fine GOP House majority

    can dem vote for gop house? never know the rules. funny
  16. mervyn

    ES Journal - 2023/2024

    Yes, it would this time. Reading the tea leaves, some might be surprised. We don't know next rate hike, 20bps or 50bps?
  17. mervyn

    The China Covid Fiasco

    As I read from the tea leaves, the peak would be 0.3% death rate. It is just medical science. They are not there yet, regardless how negative the press will make them. Every country experienced about the same, no better or worse. HSI is back to 20k mark, optimistic view for 2H.
  18. mervyn

    SMH

    real time post then, will copy and follow
  19. mervyn

    My Trading Algo Live On Youtube.

    it is on mute? ticks are moving I think.
  20. mervyn

    ES Journal - 2023/2024

    tomorrow fomc minutes will crash the market, me think. fed didn't foretell what's the rate hike yet.
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