Emini S&P 500 expectations.

Discussion in 'Index Futures' started by malaspina, Sep 29, 2018.

  1. Hi Forum members,

    I would like to know what are your next week expectations for the Emini S&P 500. Will it recover after the recent sell off ?.

    Thanks for any reply.
     
  2. Overnight

    Overnight

    Well, that is all going to depend on all the 3rd-quarter results that will come pouring in in the next week. I could not say what one week will be (and I am thinking up), but I am thinking by end of October, all major indices will be up. That is if Trump and China stay on the down-low and keep their trade tirades to themselves.
     
  3. Long

    ElectricTrumpSavant
     
  4. My medium term model ( about 5 days out ) suggests down to sideways next week . I dont trade ES anymore but if i still did my strategy would be to take shorts only on intra swings
     
  5. ElectricSavant thanks for your reply. Could you give any insights why long ?. Thank you.
     
  6. Cavanaugh..news should be positive...



    ES

     
  7. Sprout

    Sprout

    I wouldn’t take that trade. Just for starters,
    Via Joel Beinin:

    “Here are some of the major lies that Kavanaugh has told:

    1. He lied about Devil's Triangle. A Devil's Triangle is two different kinds of sexual acts, involving either a threesome, or three types of sexual intercourse with one woman in one night. It is not a drinking game. He lied about this several times and his classmates have called him out.

    2. He lied about "bouf," which refers to anal intercourse, and not flatulence. He doubled down on this lie several times during testimony.

    3. He lied about "Renata Alumnius." That referred to him going on a date with the purported class "slut." It was not about being her friend (and she recently said she was horrified by his yearbook references.) His testimony directly contradicts a poem about Renata written by one of his close friends found in the same yearbook he refers to himself as a Renata Alumnius, portraying Renata as a cheap and sleazy date.

    4. He lied that the "Beach Week Ralph Club," which refers to vomiting from drinking at a traditional beach week (which all the schools around here have--we all know the expression). He lied and said it referred to his weak stomach.

    5. He lied under oath about not watching Ford's testimony. Today. Witnesses saw him watching it. The Wall Street Journal reported he was watching it with others in the Senate's Dirksen Office Building. There are many press stories on this.

    6. He lied about not knowing about stolen emails from the Democratic members of the judicial committee. He knew the emails were stolen and confirmed it in the emails the Judicial Committee republicans tried to suppress. The Washington Post gave him three pinocchios for this lie.

    7. He lied about witnesses supporting his claims. They did not support his claims as he characterized their testimony. They generally supplied brief statements through lawyers about not remembering the party. This was no testimony. This was no independent investigation.

    8. More specifically, Ford and Kavanaugh's mutual friend Leland Kaiser says while she does not remember that party, but she believes everything her friend Ford said about it. She has stated this to the press and it came up in testimony today.

    9. Kavanugh lied about his drinking. He drank a lot in the last year of high school and college (and several witnesses say he drank a lot for years afterwards). Several friends of mine who specialize in alcoholism said he exhibited signs of having drunk before this hearing. He was referred to by his college roommate as a sloppy and belligerent drunk. We saw glimpses of that belligerence today. Dozens of his contemporaries have confirmed how aggressive he becomes with drinking.

    10. He lied that never drunk on weekdays in the summer of 1982. In his own calendar, he referred to "skis," which he admitted refer to "brewskis," with Mark and PJ on Thursday July 1 in a calendar entry that matches closely Ford's account. Most of the people in that list were the same mentioned by Ford in her testimony. He drank. On that Thursday night. After working out.

    11. He lied about Judge not remembering what happened. Six weeks after the incident, probably mid-August 1982, Ford reported seeing Judge at the Potomac Safeway in River Road near where we live. Local newspapers have confirmed that Judge worked there at the time Ford said. No one has refuted her testimony that Judge was "nervous" and had "turned white." The committee is still refusing to interview or depose or subpoena Judge.

    12. He lied that "100 kegs or bust" did not indicate a lot of drinking in 1982-3. He was part of a group endeavoring to drink 100 kegs that year, and his best friend became a serious alcoholic and admitted to sexual assault resembling this assault during that period to his girlfriend. His girlfriend was also not deposed by the committee.

    13. He lied about Trump in the first line of his first press conference as nominee. He lied about Trump doing more vetting than for any other Supreme Court nominee in modern history. In fact, Trump vetted much much less than other modern President's, admittedly working from short lists provided by two conservative think tanks, which he announced in advance he would limit his choice to. Several books have confirmed that Trump spent little time on the vetting.

    14. He lied that he is "open to any investigation." He is not and is actively participating in blocking the testimony of eye witness Mark Judge, his girlfiend, and other participants. Judge is hiding out in a beach house on the eastern shore and Judge being interviewed by the FBI. Kavanaugh is actively involved in strategizing about evidence suppression, at all day strategy meetings with Trump's lawyers.

    15. He lied about the nature of Mark's book. He said that both it was part of his therapy and coming clean as an alcoholic and drug addict, and called the book "fictional." It can't be both a testimonial of a recovering alcoholic and fictional at the same time.

    16. He refuses to answer the question again and again about whether or not there should be an investigation and whether or not his friend Mark Judge should be questioned, further belying that he is "open to investigation."

    17. He is lying about whether he was the "Bart O'Kavanaugh" in Mark Judge's book. He knows the drunken and vomiting "O'Kavanaugh" is him.

    18. He is lying about never having forgot anything about the night after a night of drinking. There are several testimonials from classmates to this effect.

    19. He is lying that there is a conspiracy against him and that Ford's charges are trumped up and part of that conspiracy. The best evidence of no conspiracy is how his high school classmate Gorsuch--they were one year about apart at Georgetown Prep--was subject to no such conspiracy, in confirmation hearings just months ago. Gorsuch is honorable. Judge is lying.

    20. Kavanaugh supporter Whelan helped concoct the story of other men taking credit for assaulting Ford. Whelan has deleted all of his tweets after being challenged on the completely bogus stories he was advancing by his colleagues. The dissembling tweets are gone.

    Senator Blumenthal quoted the legal principle "Falsus in uno, falsus in omnibus, which is a legal principle that dictates jurors can rule a witness to be false in everything if he says one thing that is not true."

    If you believe any of the above is correct, you have to come to the conclusion that Kavanaugh is lying and should not be confirmed.”

    The reason why he has been put on the fastrack for confirmation:

    https://www.theatlantic.com/politics/archive/2018/09/trump-pardon-orrin-hatch-supreme-court/571285/


    And of course Samuel Jackson sums it up pretty well here:




    Earnings data coming up, we’ll have more info on the impact of tariffs. Let’s see how strong the longs are coming up into the midterm elections.
     
    Leopard9, treeman and tommcginnis like this.
  8. Watching the ES pre market it looks like it is going to GAP UP. Let's wait for the open.
     
  9. wrbtrader

    wrbtrader

    You're Long in a swing trade (at what price) or you're just Bullish ?

    wrbtrader
     
    #10     Oct 1, 2018