I am short. 3 MNQ. I'm trying the other way for once.
Just get those rates to ZEROOO already.....I want to see this "RocketShip" soar.......
- Thread starter S2007S
- Start date
I am short. 3 MNQ. I'm trying the other way for once.
I think a lot of ET "pros" are not watching the bigger picture. Some junk bonds from Europe are yielding in NEGATIVE territory...
From the WSJ:
Oxymoron Alert: Some ‘High Yield’ Bonds Go Negative
For junk bonds that have negative yields, peculiar characteristics help explain their especially ultralow rates
https://www.wsj.com/articles/oxymoron-alert-some-high-yield-bonds-go-negative-11563096601
“It is a perverse situation,” said Colin Purdie, chief investment officer for credit at Aviva Investors. “It is called ‘high yield,’ so to get a negative yield is pretty unusual. But it’s not completely crazy. For some investors, there is an acceptance that it’s not about absolute returns, but relative returns.”
There are about 14 companies with junk bonds worth more than €3 billion ($3.38 billion) that are trading with negative yields, according to Bank of America Merrill Lynch. They include telecom giant Altice Europe NV and tech-equipment company Nokia Corp.
There are much more negative yields to come. Markets are full to the hilt with cash.
Arguing that a $3.1b networth is a biz failure is typical Trump Derangement Syndrome... I'd again suggest - test ride the Trump train for a few weeks, everything will start to make more sense.
TDS can be bad for trading... in 2 ways -
1 - ignoring that the economy is firing in all cylinders and a TDS trader may artificially put on bearish bias without even knowing it... price action from Oct 18 to April 19 is basically 1 more round of confirmation for a lift off to much higher levels;
2- an internal psychological conflict like this can be very bad for trading in general... as the trader is no longer 'true' to himself.... TDSers buy into the fake news media spin that Trump is the biggest mentally unstable idiot, which clearly collide with the fact he is successful in biz, entertainment and politics, something only achievable by a rare genius... therefore attempts are made to justify this disconnect, such as looking for reasons to explain why a multi billionaire is a biz failure.
Free test ride.. nothing to lose right
the #Walkaway guy...
he talked about the same thing - once you take a 'red pill', everything starts to make sense.
