ES Journal - 2019/2020

Discussion in 'Journals' started by Buy1Sell2, Dec 19, 2018.

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  1. vanzandt

    vanzandt

    Yeah Bondo directed that comment at me. That was only like 20 trading days ago.
    Thanks for reminding me.. I was doing this before he was born I suspect.
    "Nobody cares about JB Hunt". :banghead:

    VVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVV


    upload_2019-5-13_22-24-41.png
     
    #6531     May 13, 2019
  2. destriero

    destriero


    Yeah... I wonder what happened to the Transports since then. Hmmm.



    "Nothing but up"

    -malebonding
     
    #6532     May 13, 2019
    SPYgrain likes this.
  3. SPYgrain

    SPYgrain

    You guys and gals are a rucking fiot !!
     
    #6533     May 13, 2019
    vanzandt likes this.
  4. NQurious

    NQurious

    TRUE!
     
    #6534     May 13, 2019
    vanzandt likes this.
  5. destriero

    destriero

    Journal integrity: reestablished.
     
    #6535     May 13, 2019
  6. mbondy

    mbondy

    Aw debbie/nqueerious you obviously cant tell directions like up or down so you have to trade difference in premium and vol instead. Poor baby lost his sim lunch today longing the world and now its tantrum time! Whats your next trade big guy? Gonna buy a micro for the sim acct? Lulz!

    Still im on block, what are you 12 yrs old? Act like a man and handle your sh!t, golden glubbs.
     
    #6536     May 13, 2019
  7. Another metric to consider is how much of JB Hunt’s, Fed Ex’s, or Walmart’s freight is being hauled by a third party. It may not be readily available, but I can see it through the Landstar agents electronc loadboard posts that handle those accounts. Sometimes one may find anecdotal evidence by watching to see if a different company other than FedEx, JB Hunt, or Walmart are pulling a FedEx, JB Hunt, or Walmart trailer, respectively. Except, of course, during the crazy Christmas season.

    Right now, a significant driver of lower freight rates, lower load to truck ratios, and higher spot market rate to contract rate discounts is increased capacity. Additional capacity is still on it’s way as indicated by new truck order backlogs that are a year long. However, these backlogs will not last long as the cost of these new trucks with their higher operating costs will not be supported by current freight rates.

    Trade volume reductions as implied by maritime’s Baltic Dry Index approaching five year lows is another issue facing trucking. In addition, JB Hunt is a heavy intermodal provider with their large fleet of overseas containers. Even railroads may start feeling lower volumes in earnest soon in spite of coordinated efforts to move more freight to the lower cost, environmentally and road traffic friendly rail system.

    In my opinion, there is a very narrow window for the US to avoid a recession in the next 6 to 12 months. With no trade deal, we will need big bold moves in infrastructure, voluntary business capital investment, a very accomodative Fed to encourage consumer refinancing and their subsequent spending on goods and services in order to have a chance to stave off a recession. Increasing domestic oil exploration with its positive wide effect on multiple industries would not hurt either. Last I heard, Trump is now planning to visit XI. Hopefully they can work things out before business and consumer confidence unravels with subsequent economic and financial pain following.

    Edited for spelling.
     
    Last edited: May 13, 2019
    #6537     May 13, 2019
    vanzandt likes this.
  8. Seaweed

    Seaweed

    Hey @destriero , I don't doubt your screenshots as they look pretty legit. I have an IB account as well, and as you said, a pic of the screen is much better than a screenshot from a computer since you can easily edit that.

    But there has been no mention of your call to buy all you can at 60.25 was it? I mean both you and NQ got into longs, and no updates. He had some 20 point stop on multiple contracts, so that was hit, but you just posted an amazing blotter for today. I don't understand your complex option trades, or how you managed the trade or even took it, but that call was obviously wrong, correct?
     
    #6538     May 13, 2019
  9. destriero

    destriero

    Intermodal. Bro, bad grammar kills.
     
    #6539     May 13, 2019
  10. destriero

    destriero


    I was trolling. Yes, I went long at 60.25 but covered at 65, 68. I also went short at 58. I am short nearly 55K TSLA. I am approx 10% of vol in TSLA OI.

    I lifted my synthetic longs last week I'm going to get long TSLA tomorrow (flat).

    I am going to by as much TSLA as I can in EU mkts.

    Here.

    2019-05-13_2012.png
     
    Last edited: May 13, 2019
    #6540     May 13, 2019
    oraclewizard77 and NQurious like this.
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