“The allocation to global technology shares also fell sharply — to a five-year low…Yet, FANG and big-cap tech stocks remained the most crowded trade for a third month”
It’s the 300 P/E safe haven trade
If only there was an ETF that enable traders to place leveraged bets on lower volatility…
VIX has tumbled for 5 straight days, crashing back to a 14 handle for the first time since March 9th…
https://www.zerohedge.com/news/2018-04-17/vix-crashes-14-handle
Type | Price | Act. Price | Time-in-Force | Reported | |||||||||||||||
Filled | Buy to Open | 200 | SLV Apr 20 2018 16.0 Call | Limit | 0.06 | — | — | 15:26:55 04/17/18 |
The economy, the stocks, and the real estate mkt, have been doing very good for 9 years now. The Trump effect since summer 2016 may be wearing out and or have been, giving a head wind for a natural decline in all three. Plus a friend sent me the note below.
“I follow an options trading website. They have been fairly accurate about describing the moves in the S&P by looking at the implied volatility of the futures. Its all new to me but it is astonishingly accurate. They can only measure the degree of the move up or down. However, the guy that runs this site is totally bearish in his option positions. He said last night he believes the S&P will hit 2575 before the end of the week!! Wow. That would be quite a reversal. And, as I always say, watch the last 30 minutes of market action and trading today. ”
Word is it was a attack on rebels some said ISIS and the rest were collateral damage.
France issues report detailing evidence of Assad role in chemical attacks
The report claims that several chemical strikes were carried out in the Damascus suburb of Douma on April 7, and that symptoms experienced by the victims — skin burns, suffocation and other breathing difficulties, among other markers — were consistent with the effects of chlorine gas.
“Reliable intelligence indicates that Syrian military officials have coordinated what appears to be the use of chemical weapons containing chlorine on Douma, on April 7,” the report, released by the French Foreign Ministry, reads.
The report also states that the Syrian government has carried out a number of chemical weapons strikes since April 4, 2017 — the same day a chemical attack in Syria’s northern Idlib province left more than 80 civilians dead.
The U.S. issued an assessment on Friday night pointing to the Syrian government’s role in the alleged chemical attacks in Douma.
That report cites “multiple media sources, the reported symptoms experienced by victims, videos and images showing two assessed barrel bombs from the attack, and reliable information indicating coordination between Syrian military officials before the attack.”
The assessment also suggests that the Syrian government not only used chlorine in the attack on Douma, but that reported symptoms were also consistent with exposure to sarin, a deadly nerve agent.
The French and U.S. assessments came hours after leaders in Washington, Paris and London authorized “precision strikes” on targets in Syria believed to be associated with the country’s chemical weapons arsenal.
Syria and its allies, Russia and Iran, have denied that Assad’s government used chemical weapons, and have sought to blame both foreign actors and militant groups for staging the attacks in Douma.
Russia has accused the U.S. and its allies of failing to produce adequate evidence of the Syrian government’s role in the chemical attack.
The Organization for the Prohibition of Chemical Weapons, the international chemical weapons watchdog, launched an investigation into the alleged chemical strikes on Douma on Saturday.
The allied strikes on Friday were cast by U.S. officials, not as a punishment for Assad’s government, but as a means to eradicate Syria’s chemical stockpile and production capabilities.
Lt. Gen. Kenneth McKenzie, the director of the Joint Staff, said Saturday that while the allied attacks dealt a blow to Syria’s chemical weapons program, Damascus likely retained “residual” elements of its chemical arsenal.
President Trump and other U.S. officials have said that they are prepared to take further action in Syria, unless Assad’s government ceases its alleged use of chemical weapons.
Re SLV calls
SLV at 15.80 with 34 cents for an Apr 15.50 strike, decl 20 Apr…isn’t the call seller saying he wants only 4 cents for 3 days….which with the Rig ain’t far wrong historically.
http://ponziworld.blogspot.com/
“The allocation to global technology shares also fell sharply — to a five-year low…Yet, FANG and big-cap tech stocks remained the most crowded trade for a third month”
It’s the 300 P/E safe haven trade
Doesn’t usually work that way but a rip your face off rally for op ex would be nice.
Shock and awe, baby, shock and awe–SHORT THAT-! [if u dare; I don’t]
so sure will be shut out of the money…I say…WHAT IF there were the mother of all short squeezes Thursday or Friday with crimex silver up half-a-buck or more…
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I find it amazing that the last quote on SLV was 15.80 and this fridays 15.50 call option can be bought for .34….so it’s 30 cents in the money…the call writers must be damm confident that SLV will close below 15.50 by 4 pm friday-I wouldn’t risk $34 a call on such a short term play but I might pick up a 100 of the $16s just for a long shot…for $5 or $5 a copy
I don’t always agree with Denninger but I think he’s right on the money in that article.
Those guys are a bunch of Schmucks and they have been for 10 years. It’s a bunch of garbage with 15% truth mixed in just to confuse all the f****** retards out there.
> Americas Silver Corporation Provides First Quarter Production and Cost Update Including Record Low Cash Costs and All-In Sustaining Costs
Robert Fisk’s bombshell first-hand account for the UK Independent runs contrary to nearly every claim circulating in major international press concerning what happened just over week ago on April 7th in an embattled suburb outside Damascus: not only has the veteran British journalist found no evidence of a mass chemical attack, but he’s encountered multiple local eyewitnesses who experienced the chaos of that night, but who say the gas attack never happened.
Fisk is the first Western journalist to reach and report from the site of the alleged chemical weapons attack widely blamed on Assad’s forces. Writing from Douma in eastern Ghouta, Fisk has interviewed a Syrian doctor who works at the hospital shown in one of the well-known videos which purports to depict victims of a chemical attack.
Apologies?
The fact is, Elliott, that you post your beliefs, not facts, just as we do. Nobody has the complete picture; however, we do not attack the person with a different message, as you are very prone to do. Look over your recent posts and you will see a lot of judgement and name calling.
Any guess on how many days that will take …under 10 for sure ….Oh what fun !!!!
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The truth is I don’t care what or who Israel attacks as long as they don’t wag the dog and drag the US into the fray.
Same with the Saudi’s
Appears I missed a lively evening last night.
Yes, I welcomed Elliot, I do remember him posting here before at some point. Other than that no history.
Bang on 8 am London time the selling started @ $ 1348.50 and once it didn’t react and even said thankyou, let’s have another look at $ 1348 plus, a much heavier smash came in at 8.15 taking it down $ 7 to $1341.0 by 8.52…..Meanwhile the Dollar was tapped back up, dlr/yen back above 107 and the S&P driven up over 3 pts. Thus protecting the ‘What, me worry ‘, standard issue o/n rally in the SM and allowing the idiots on CNBC/Bloomberg to chirrup away happily, about what stocks to buy in the never ending bull mkt….
Any news ….no way just the scum running the Rig.