just over 100 days, this guy is crazy., and a natural progression of deflating bubbles and replacing debts, 6 trillion in june.
"Melania and I will be going to the funeral of Pope Francis, in Rome. We look forward to being there!” Yay take in some of the sights, have a bowl of pasta, pick up a pair or two of Ferragamo's. The usual when you ... attend a funeral.
From end of last week:- (REUTERS) Today's key chart Graphics are produced by Reuters. As the U.S.-China trade war escalates, everyone is watching China's holdings of U.S. government debt like a hawk, especially following a serious disturbance in Treasury markets last week. Treasury data on foreign holdings of U.S. debt securities released on Wednesday are only for February - before the tariff spiral truly kicked off. But the numbers showed holdings by Chinese entities actually ticked up during the month, though that's likely only part of the picture. China held $784.3 billion, up from $760.8 billion, and Japanese investors also upped their lot too. There is a presumption that many Chinese holdings are held in proxy in Europe, most likely captured as Belgian holdings where the Euroclear clearing house is based. That said, Belgium-based holdings also rose by almost $20 billion in February too. So if China has offloaded Treasuries of late, we will have to wait for further hard data to find out.
If you can't tell, don't gamble blindly by chance Develop your initial hypothesis framework, and wait for opportunity confirmation. And when you close look at the micro and macro picture positioning Trader of Sun
I think he might get wiped out again tomorrow. Once again, I caution those here that might read this of letting one's political dogma cloud the picture (reality) of market intuition. Hopefully he has deep enough pockets to endure the short term blood-letting. ET's a family. We don't want to see anyone lose.
Tuesday completed entry on H&S on dailies, so am keeping long calls to hedge my Short position on Indexes. Am expecting market to go much higher to possible Right shoulder on monthlies to add to long term position. What does this mean to day trading? More longs than shorts.
(THEDAILYUPSIDE) INVESTMENTS Morgan Stanley Wants to Woo the Day-Trader Crowd Day traders seem to love a good economic crisis, which may be why Morgan Stanley is doubling down on the group. On Monday, just a couple weeks after its E*Trade platform recorded one of its highest-volume trading days in history, Morgan Stanley announced plans to launch Power E*Trade Pro. Think of it as a souped-up, all-in-one platform for day-traders. Day-Trading Places Morgan Stanley bought E*Trade for $13 billion in 2020, just in time for the pandemic-fueled retail investing boom and marking the largest acquisition for any major US bank since the Great Recession. Now? The space has only grown in relevance; earlier this month, a JPMorgan report estimated that individual investors hold as much as 60% of US equities, an all-time high. Just how important E*Trade is to Morgan Stanley is difficult to discern (the bank has not disclosed specific financial or user figures for the platform since the 2020 acquisition) but evidence suggests that it’s a pretty good time to be in the retail trading business: The trade war has been a busy time for day traders. April 4 and April 7 marked the two highest-volume trading days for E*Trade in three years, Morgan Stanley’s wealth management head Jed Finn told Bloomberg. And as a broader market rout rocked US equities in the first quarter, retail investors poured some $67 billion into US stocks in an attempt to buy the dip, per VandaTrack data. Meanwhile, in a February earnings call, E*Trade competitor Robinhood reported a 236% increase in transaction revenue — fees for facilitating trades — in its most recent quarter, as well as a $916 million profit. Crypto Crunch: Robinhood already offers a premium platform, Legend, that Power E*Trade Pro is set to compete with. The E*Trade competitor also credited much of its recent success to the successful integration of crypto trading on its platform, which E*Trade has yet to do (though it may be considering entering the space, according to a January report from The Information). Written by Brian Boyle