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If you could provide some names that would be fantastic - every listed European bank stock that I can manage to find through Google (and I'm no expert and am certain that I'm only scratching the surface) and chart looks like hot garbage. But to have been long a US Bank ETF and short a European...

I love the rest of your posts - but I must express alarm over retail-type traders doing this "open legging". It's ruinous in the long run for the majority of those who try it. If you're going to trade spreads - trade the spread. Moving back and forth between 'scalp' mode and 'spread' mode can...

Yes, you only receive futures margin offset credit when you are long one index leg and short the other index leg. Otherwise - without a hedge, it’s just flat price directional risk. You would not require automation and a high speed ECN for swing trading. You can manually leg into the...

I would encourage you to carefully review the CME links on Index Spreads I provided at the beginning of this thread. 1. I’m not aware of an exchange supported spread for index spreads - but I think it’s a fantastic idea whose time has come. AFAIK you’ll have to leg into then out of the spread...

AAPL has the second highest weighting in the NASDAQ composition so of course QQQ and NQ will trade practically tic-for-tic with it. Your comment about ‘arbitragers needing to make a decision’ about what is ‘noise’ and what is ‘real’ has absolutely no basis in reality. Zero F***s given. An...

As you’ll recall the US Fed bailed out the European Banks, too. And not just the big ones like DB, RBS, Barclays, HSBC, and Soc Gen - two mid tier E.U. banks borrowed $111B in a single day. https://www.google.com/amp/s/mobile.reuters.com/article/amp/idUSTRE72U3V320110331

Your best bet is to do serious statistical correlation analysis. The highest positive and negative correlators between a particular index and one or more instruments will provide the insight for any lead / lag opportunities. But I must caution you - unless you are automated and with a very...

https://www.ft.com/content/3074d05c-cf28-11e9-99a4-b5ded7a7fe3f Financial Times Investment banking revenues plunge to 13-year low It appears that European Banks are ceding equities trading and investment banking to Wall Street firms. Stocks of European Banks have posted double digit falls...

The trick is paying for it.

Do you think that Powell is done ? I don't and no serious trader that I know of thinks so either. Hell, Draghi isn't done either and the ECB has negative rates across the curve.

The Wall Street Journal; September 4, 2019 A decade ago, they almost brought down the global financial system. Now they rule it. America's banks have rarely been so dominant in global finance. A decade after fueling the financial crisis, they are the top choice for companies looking to move...

1. Draw a simple trend line on weekly data. That needs to get taken out with conviction. Has NOT happened yet. 2. According to GS, Corporate Treasurers have been buying these sell offs for huge size - the GS buyback desk estimates that the S&P 500 companies will buy back over $900B worth of...

You apparently have an “endless” supply of margin capital judging by the dates of your posts announcing fresh shorts

For TAX treatment purposes Starbucks is going to spend the money in 2019 instead of '20 according to the article - at least the way I interpret it.

I'm not at all convinced that Corporate Treasurers "time" share buybacks in terms of relative value investing per se. I recall reading a piece a couple months ago from Goldman Sachs that S&P 500 companies had bought back over $800B in shares in 2018 and they forecast that the number would be...

Drop in the bucket compared to a true VAT.

Beijing REBUFFED by the good true Citizens of the FREE City of Hong Kong. Hopefully the HK Politicos will take the lesson to heart. Likewise the HK Citizens will certainly be quite vigilant and wary about the intent and motives of their representatives in the future. Safe to say that Carrie...

Yes, they’re an insecure clique and they tend to travel in packs.

I would have thought that learning and studying a market before you participate would have been “the first” thing you learned... If you had done that with hogs - you would have seen that there were three limit move days prior during the past three months. It’s not an uncommon occurrence with...

There’s Corporate Bonds and Municipal Bonds - massive markets with substantially higher yields than Sovereign Debt.