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  1. mervyn

    ES Journal - 2021/2022

    Earnings are expected to miss like last quarter, all eyes on Fed pivot next week.
  2. mervyn

    ES Journal - 2021/2022

    Come on, 3925…
  3. mervyn

    China semiconductor industry decapitated

    Semiconductors, while important, it is not the end of all, and it is not their end goal. I was told that their CPU is 14nm, aka Intel 2017 chips, just matter of time the gaps narrow. We spent zillions during the cold war to do the research. Once Soviet was gone, all military know how went to...
  4. mervyn

    Mar-a-Lago Raided by FBI

    These two kids still have pimples, lol. About nothing.
  5. mervyn

    TSLA 2022

    First time adding TSLA shares last week, and plan to add more. My entry price was low, before they opened the Shanghai factory. TINA on the stateside.
  6. mervyn

    So, I think I just created some stock option ALPHA for you guys...

    First, you need lot of firepower to pull this off, and a good wind on your back. Second, by sell puts, essentially you are capped at certain cash flow returns. Option is a depreciating asset, all the greeks are not there for nothing. Either you are net long or you are net short, can’t have both...
  7. mervyn

    So, I think I just created some stock option ALPHA for you guys...

    Calendar spreads are common strategy. In a bull market, returns are very good. Tesla’s Hidden Billionaire: How a Retail Trader Made $7 Billion https://www.bloomberg.com/news/articles/2021-10-29/tesla-s-tsla-hidden-billionaire-how-one-retail-investor-made-7-billion#xj4y7vzkg
  8. mervyn

    So, I think I just created some stock option ALPHA for you guys...

    FAANG basket, you are so out of day.
  9. mervyn

    Another accounting question

    Track your equities closely, it is not m2m. The rest is futures m2m. Or you can turn off the auto sweep function if any.
  10. mervyn

    ES Journal - 2021/2022

    next rate hike is important, after that it will have a holiday rally regardless.
  11. mervyn

    ES Journal - 2021/2022

    Pivot to 50bps is not QE. There are things outside Fed's control. We will likely to close the year right about the bear mark.
  12. mervyn

    trump, Bannon & the gop

    No financial penalty? That is no good. By next February he is walking out with lot of dough.
  13. mervyn

    China's Cosco wants to buy a 35% stake in Hamburg harbor

    MacKinder’s world island thesis does make sense. NA and SA are outlaying islands, with low population, lol. It is a fun read, $4.99 on kindle.
  14. mervyn

    Why Such Ticker Symbols In China ?

    For average investors stateside, interactive brokers is the best bet. Just turn on the Hone Kong Exchange trading permission, then check SZSE and SSE link box. You may or may not use want to pay for the real time data, I don’t. I submit limit orders and wait for the trend, don’t day trade...
  15. mervyn

    Why Such Ticker Symbols In China ?

    They don’t use Roman letters and their phone number is 10 digits. A stock broker I used back in the days can remember nearly 150 companies by the numbers. Korean and Japanese use the numerical as well.
  16. mervyn

    Anyone got dual 49" curved monitors one on top of other?

    windows 11 has multiple desktops
  17. mervyn

    Question about margin requirements w/r/t options sales

    a stock with price of $10 for 100 shares is $1,000, check your math before posting.
  18. mervyn

    ES Journal - 2021/2022

    Same here. I need 15 points get get back my 3775 entry, hope for another 150 points in the next two weeks during the earnings, targeting 3925 exit. Then long March contract for the holidays rally.
  19. mervyn

    Anyone got dual 49" curved monitors one on top of other?

    I like this setup, 4 43 inch vertical. But I am happy with my 1 38 inch Alienware and 1 27inch HP. I play steam wow game off hours. Not sure vertical setup can play nicer than horizontal mode. Max out 128gb ram is important.
  20. mervyn

    China semiconductor industry decapitated

    That’s what I said don’t wan to guess their political view, or whether they believe the difference between Taiwan or China. But I am sure they celebrate Chinese holidays more so than Thanksgiving. In any case, their stocks dropped back to 2020 level, at least 30% of their revenues are from...
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