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  1. mervyn

    ES Journal - 2023/2024

    cl is a stable trade, particularly for writing puts. i have at least 3 trades per week, expiring mon/wed/fri, support and resistance are easy to spot. then there is the buy the dip mode for a buck or two bounce.
  2. mervyn

    ES Journal - 2023/2024

    carry trades the targets can be set for sure, long or short. folks posted intra-day here are tif day, these two days are a good example of low confident trades.
  3. mervyn

    Elon Musk says Chinese EV makers will ‘pretty much demolish’ most competitors without trade barriers

    Chinese Billionaire’s Carmaker Adds Satellites in Musk Territory Launches 11 satellites for Geely’s low-Earth orbit network Geely a rare Chinese company to enter area dominated by SpaceX A Chinese rocket launched a group of communications satellites produced by one of the country’s largest...
  4. mervyn

    Form 6781 Tax Straddles

    very simple on form 6781 on section 1256 contracts. you simply fill out federal supporting statement, attached broker's section 1256 contracts p&l, the numbers should match, then you are done. any tax software can do that. if you want to really understand it, then have a proper cpa is not a bad...
  5. mervyn

    ES Journal - 2023/2024

    if i reversed the trade and went long at 4969, that would be 24 points break even, no one knows, particularly tif is day.
  6. mervyn

    End of an era?

    33 thomas is a nas building, press reported years ago.
  7. mervyn

    ES Journal - 2023/2024

    got back 3 points, not brave enough to go long or short
  8. mervyn

    ES Journal - 2023/2024

    closed in red 26 points, i don't get it.
  9. mervyn

    End of an era?

    technically it belongs to nsa
  10. mervyn

    Tesla 2024

    they settled for 1.5m. https://www.cnbc.com/2024/02/01/tesla-to-settle-lawsuit-over-mishandling-hazardous-waste-in-california.html#:~:text=Marques%20%7C%20Getty%20Images-,Tesla%20will%20pay%20a%20fee%20of%20%241.5%20million%20to%20settle,the%20fourth%2Dquarter%20of%202023.
  11. mervyn

    $500 million Harvard megadonor halts donations, says elite schools produce ‘whiny snowflakes’

    ivy shouldn't take the money with conditions attached, ever wondering when they went to school and told to be a freethinker regardless ethnicity. if they don't like it, they can donate to trump university.
  12. mervyn

    Trump eyes massive escalation in economic war with China - 60% tariffs

    hire amigos to do the gardening and filipinos to do the housework, what a life
  13. mervyn

    ES Journal - 2023/2024

    bought cl jul 75.35 and out this moring at 75.80, now crash back, no news anyway, out at 4917 from floor pivot 4891 but target below is expected
  14. mervyn

    ES Journal - 2023/2024

    zt and zn but no zb, need to be able to carry the trades in weeks and months.
  15. mervyn

    ES Journal - 2023/2024

    look at ytd tpo print, 4875-4840 need to be filled. then there is 4700-4650 on monthly tpo
  16. mervyn

    ES Journal - 2023/2024

    i see a retracement after the earnings are finished, 4640 to be tested.
  17. mervyn

    Fed Interest Rate Decision for January 31: Should They Raise or Lower the Rate?

    march rate cut is unlikly, quote
  18. mervyn

    Asian Financial Crisis Part 2: China's Debt Bomb

    they are in the midst of transitioning from real estate growth driver to something that is uncertain, such as auto, semi, biotech, green tech. csi300 is back to pre trade war level. sse listed companies from the gfc days 800+ to over 2000+ companies today, it would be easier to just print...
  19. mervyn

    Tesla 2024

    will irs give him back the tax money then, when he had to cash a large sum to meet the tax obligation? that would be a biggest refund ever.
  20. mervyn

    Dean Phillips

    Who is Dean? Not Howard Dean I hope.
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