Friends – Activity – PSalda

Seth Golden started the topic Longbow Downgrades in the forum Apple Inc. (AAPL) 6 years, 9 months ago

The iPhone cycle will disappoint this year, according to one Wall Street analyst, who issued a rare downgrade of one of the market’s most popular stocks.

Longbow Research lowered its rating for Apple shares to neutral from buy, predicting the company will ship less iPhones than expected in fiscal 2018. https://www.cnbc.com/2018/01/17/longbow-downg…[Read more]

Seth Golden replied to the topic Q1 2018 Earnings discussion in the forum Daily Market Action: DOW, NASD, SPX 6 years, 9 months ago

Only one on the list I’m considering is NFLX as it may break out. MSFT I’d like to see pullback even though chart doesn’t suggest it will.

Seth Golden replied to the topic China Crackdown on Cryptos in the forum Cryptocurrencies: Bitcoin, Ethereum, Litecoin, & Altcoins 6 years, 9 months ago

At the very least, maybe it helps folks appreciate the difference between speculation and fundamentals.

Seth Golden started the topic Orders in on the day for VXX in the forum UVXY, TVIX, VXX, XIV, SVXY, VIXY, VMAX, VMIN 6 years, 9 months ago

I’m gonna look to add a .5% position to my core VIX-ETP exposure here today. VIX up nicely in premarket above 10.60 w/VIX Futures lower. VIX-Futures may change though quickly once equity market opens.

Seth Golden started the topic China Crackdown on Cryptos in the forum Cryptocurrencies: Bitcoin, Ethereum, Litecoin, & Altcoins 6 years, 9 months ago

China is escalating its clampdown on cryptocurrency trading, targeting online platforms and mobile apps that offer exchange-like services, according to people familiar with the matter.

While authorities banned cryptocurrency exchanges last year, they’ve recently noted an uptick in activity on alternative venues. The government plans to block d…[Read more]

Seth Golden replied to the topic Volatility & Liquidity Confidence in the forum UVXY, TVIX, VXX, XIV, SVXY, VIXY, VMAX, VMIN 6 years, 9 months ago

It’s a relevant question regarding ETNs and to answer the question posed, I would have to suggest liquidity by the nature of the participation that has grown in recent years around these products, Yes. Especially during such an event. It’s just the nature of the product and those participating in increasing fashion. But awareness can definitely…[Read more]

Seth Golden replied to the topic Russle Rhoades finds a trade on the board in the forum UVXY, TVIX, VXX, XIV, SVXY, VIXY, VMAX, VMIN 6 years, 9 months ago

Friday’s trade tracked at CBOE by Russell Rhoads http://www.cboe.com/blogs/options-hub/2018/01/14/weekend-review-volatility-indexes-and-etps-for-january-13-2018

Seth Golden replied to the topic Apple in the forum Apple Inc. (AAPL) 6 years, 9 months ago

Thank you very much. Glad it dipped to do a little adding which boosted the return. Hope it benefited you as well! Enjoy the weekend. We’ll try to have a Half-Time Report Monday.

Seth Golden replied to the topic JCP initiated with $4 PT in the forum J.C. Penney (JCP) 6 years, 9 months ago

A photo? Probably best to check out a store yourself. They’ve done a relatively good job of achieving their operational objectives for 2017. From merchandise and merchandising overhaul to closing unprofitable stores. All that remains is actual organic sales growth. Can they do it, we’ll likely find out in a few months and see then what they…[Read more]

Seth Golden replied to the topic Contango Update in the forum VIX RESOURCES/Contango 6 years, 9 months ago

Every now and then in the VOL complex you get one of these much to do about nothing days. M1 up about .225 with M2 down .055. Vix up to 10.25 or 3.74% on the day.

Seth Golden replied to the topic Contango Update in the forum VIX RESOURCES/Contango 6 years, 9 months ago

Contango is down almost 2 full percentage points to 8.58 on the day. M1 is of little relevance at this point with more than 90% of UVXY holdings in m2. Having said that both m1 and m2 are higher on the day thus far.