are you going long today, IV?
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5% - 10% profit per day trading
- Thread starter spanish89
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did long and shorts quick ones , now stuck with short 55.70 , so I have to leave it and wait ..
i have shorted at 5595 and believe we will see a drop from here (although both equities and euro are not supporting my short ATM). The only reason I am going ahead with the short is big resistance at 5610 and some fund selling which is coming in. Hopefully we wont break 5610. My target is 5505
i'm short at 55.97, stop at 56.05. i need a good trade here to bring me back, i've been really sucking since the month started.
Quote from usman88:
i have shorted at 5595 and believe we will see a drop from here (although both equities and euro are not supporting my short ATM). The only reason I am going ahead with the short is big resistance at 5610 and some fund selling which is coming in. Hopefully we wont break 5610. My target is 5505
good to see u back.......how do u know funds are selling?
went short again at 56.30. come on, this thing has to go down some time?
the only resistance from this point forward is from 5 months ago.
the only resistance from this point forward is from 5 months ago.
http://www.bloomberg.com/apps/news?pid=20601087&sid=aeuRqo53JyZ4&refer=home
10 of the 19 banks need new capital
---------------
People familiar with the matter said May 4 that about 10 of the 19 firms will be deemed to need additional capital. The number increased from six to eight a week ago, after regulators boosted their target for the reserves the firms must hold.
- Wells Fargoâs requires about $15 billion in new capital
- Bank of America Corp. needs $34 billion
- JPMorgan Chase & Co. doesnât need to raise its capital,
- while Goldman Sachs Group Inc. and Bank of New York Mellon Corp. have taken actions that suggest they also passed their reviews.
Officials favor tangible common equity equal to about 4 percent of a bankâs assets, up from an earlier target of 3 percent, two people with knowledge of the deliberations said last week.
May 6 (Bloomberg) -- Wells Fargo & Co., the fourth-largest U.S. bank by assets, requires about $15 billion in new capital as a result of regulatorsâ stress test on the lender, according to a person familiar with the matter.
Regulators have said options open to lenders include converting existing government preferred shares; Wells Fargo got $25 billion in taxpayer funds last year. As part of the stress tests on the 19 largest banks, officials are assessing whether banks have enough common equity, among other capital measures.
10 of the 19 banks need new capital
---------------
People familiar with the matter said May 4 that about 10 of the 19 firms will be deemed to need additional capital. The number increased from six to eight a week ago, after regulators boosted their target for the reserves the firms must hold.
- Wells Fargoâs requires about $15 billion in new capital
- Bank of America Corp. needs $34 billion
- JPMorgan Chase & Co. doesnât need to raise its capital,
- while Goldman Sachs Group Inc. and Bank of New York Mellon Corp. have taken actions that suggest they also passed their reviews.
Officials favor tangible common equity equal to about 4 percent of a bankâs assets, up from an earlier target of 3 percent, two people with knowledge of the deliberations said last week.
May 6 (Bloomberg) -- Wells Fargo & Co., the fourth-largest U.S. bank by assets, requires about $15 billion in new capital as a result of regulatorsâ stress test on the lender, according to a person familiar with the matter.
Regulators have said options open to lenders include converting existing government preferred shares; Wells Fargo got $25 billion in taxpayer funds last year. As part of the stress tests on the 19 largest banks, officials are assessing whether banks have enough common equity, among other capital measures.
long 55.85, feels like we may test the high again
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