Boiler Room: The Official Stock Market Discussion

[theworldismine13]

this guys has some good info if you are into dividend investing and monthly income investing

http://seekingalpha.com/article/401...vidend-dogs-face-slow-times-ahead-per-brokers

MORL is a great stock!

 

[Domingo Halliburton]

Anybody heard of PACB? Hearing 10 is a good number

 

[Domingo Halliburton]

Hillary...she's winning and its a good thing for the markets

 

[Dreamestorical]

The Euro (FXE) is about to make an explosive move to the upside. Looking for a move to the 120 area by early 2017 latest.

 

[Dreamestorical]

Like Semi conductors ($SMH) for a move lower. I believe we hit 60 level before December

 

[Dreamestorical]

I am bearish on U.S equities regardless of election result. High yields also showing us that a top has been put in at the moment. (weekly chart) That is bad for stocks.

High yields weekly chart

High yields Monthly chart

 

[88m3]

can't make heads or tails of the market right now

 

[Domingo Halliburton]

The Euro (FXE) is about to make an explosive move to the upside. Looking for a move to the 120 area by early 2017 latest.

Brexit a good thing now?
I

 

[Domingo Halliburton]

I'll try to post more Ive just been busy

 

[Domingo Halliburton]

I am bearish on U.S equities regardless of election result. High yields also showing us that a top has been put in at the moment. (weekly chart) That is bad for stocks.

High yields weekly chart

High yields Monthly chart

What makes you bearish? Other than a rate hike unexpectedly fukking things up I.dont.see why.

 

[morris]

The Euro (FXE) is about to make an explosive move to the upside. Looking for a move to the 120 area by early 2017 latest.

What do you see its low being until you decide to pull the trigger? Are you buying long or selling short?

 

[88m3]

The Rich Get Ready for Higher Taxes Under a President Clinton

 

[Dreamestorical]

What do you see its low being until you decide to pull the trigger? Are you buying long or selling short?

Low is already met in my opinion. (I purchased $FXE 105.00 June 2017 expiry calls for 3.80) Reason I expect a big move in euro is due to the fact that ECB is slowly pricing itself out of the corporate bond market. The effects of bond buying this past year have made European corporate yields fall so low that the ECB are now unable to purchase a lot of them. ECB has basically run out of options. Expect more talk about cutting bond purchases or tapering in the coming weeks. There are even whispers of ECB ending QE come march 2017 (though I believe that is unlikely for now.) All this is sure to strengthen the euro. I am looking for a move to 118.00-120.00 by mid 2017. Also you have to understand that a lot of the trading in global markets are front run. Much of the moves are usually made before official announcements.

 

[Dreamestorical]

What makes you bearish? Other than a rate hike unexpectedly fukking things up I.dont.see why.

I am short term bearish while longer term I am Bullish. (Still believe markets go lower from here., then we rebound & continue to make new highs) Looking for a move to 206-208 level. My bearish stance has more to do with technicals than anything else. The rate hike if it comes has already been pretty much priced in. I dont expect much of a move from that to be honest.

 

[Dreamestorical]

Also if anyone is interested I usually post my trades & thoughts on twitter. Just to help traders out a little... Konye Bisong (@Dreamestorical) on Twitter