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  1. mervyn

    Tesla 2023

    No they dont' have the supply chain and all that good stuff, being an island country. I don't remember what my last major household purchase was with Japanese brands. LG and Samsung being Korean, probably Uniqlo, if that is a valuable thing.
  2. mervyn

    ES Journal - 2023/2024

    Opened short. 10 stocks holding up the entire market is not normal.
  3. mervyn

    Tesla 2023

    Na, the Japanese just don’t have the ev technology on par with Elon and the Chinese, once for all.
  4. mervyn

    ES Journal - 2023/2024

    Some wrong with this pricutre. A bull market is everyone should be participating into the rally. A stock-market milestone: Apple is now worth more than the entire Russell 2000
  5. mervyn

    Durham finds DOJ, FBI 'failed to uphold' mission of strict fidelity to the law in Trump-Russia probe

    I'd dispute her last point. Russian is always here for decades, now it is the rich Chinese on the radar screen. But once these two are here, they live in our heads rent free. We just need bogemen to deflate the public discourse. We just don't know if this is for real or imaginary.
  6. mervyn

    ES Journal - 2023/2024

    debt ceiling talk will be held up by the maga hats, not by simply super rich tax cut. It is an ideology fight, sell off anytime now.
  7. mervyn

    Michael Burry of ‘Big Short’ fame says he was ‘wrong’ to tell investors to ‘sell’

    Regionals will be “consolidated” into the majors at almost zero costs, this sector is a bad trade.
  8. mervyn

    Michael Burry of ‘Big Short’ fame says he was ‘wrong’ to tell investors to ‘sell’

    I am sure he would cut losses and as I read he added heavy in BABA and JD in Q1.
  9. mervyn

    ES Journal - 2023/2024

    Downside risk is higher than upside. Jobless claims is higher, PPI points to slower economy.
  10. mervyn

    How many options strategies should you realistically master?

    when you don’t own existing assets or long stocks, any trades you entered is directional bets. if you are lucky, you make money to build upon.
  11. mervyn

    The US is now in recession

    No Fed doesn’t have that much power. It is the market. UK last quarter GDP is -0.3%, not sure they will have 2 consecutive quarters. Commodities, particularly foods are going up.
  12. mervyn

    How many options strategies should you realistically master?

    cash secured puts and covered calls, that is it. time is on your side. any other trades are just either hedging or directional gambling.
  13. mervyn

    The US is now in recession

    Negative, 19 mega cap stocks pushed up nearly 80% of SPX movements, rest of them are flat or lower. Earning recession is 2 quarters already, however negative 2 GDP quarters may not be happening unless there is a labor market crash.
  14. mervyn

    The recent drop in volatility / VIX.

    It is a simple math problem really. VIX is 30 days swings of SPX, since we are in a tight range for the last few weeks, I can see the VIX is moving much higher only if the trading range expands a little. VIX is at histroical low here. I personally long contracts 50 cents VIX trades, with...
  15. mervyn

    New platform coming?

    Login failed - Your account is not permissioned to sign into the next generation version of Desktop Trader Workstation (nTWS), please go to the previous version of Trader Workstation (TWS) what a bum
  16. mervyn

    New platform coming?

    thanks, downloading... a new toy for a lazy friday
  17. mervyn

    ES Journal - 2023/2024

    Losing day, gave back gains from yesterday’s trades and then some.
  18. mervyn

    Which way? China

    My gut feeling is that if Japan comes to aid of Taiwan, the Chinese will find and sink all its battleships in ports and at sea. The hatred is strong. On the other side of the token, the Japanese would nuke US if they have any, the sentiment is equally raw.
  19. mervyn

    ES Journal - 2023/2024

    +14 points but i don't understand afternoon's bounce.
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