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    Steve posted an update a year ago

    a year ago

     

    As the clock closer to an unprecedented US debt default, the world’s second- and third-biggest economies are watching in fear.

    China and Japan are the largest foreign investors in American government debt. Together they own $2 trillion — more than a quarter — of the $7.6 trillion in US Treasury securities held by foreign countries.

    Beijing…

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    Mugg, swardzinski and 3 others
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    • Interesting article…everyone is playing the wait and see until the negotiations are resolved (until the next time it happens). Interestingly the author focused internal consumer pullback in China but didn’t mention their own real estate loan exposure/default which could be massive in its own right. Something else to watch as it once we… Read more

      • Profile photo of Steve

        Steve posted an update a year ago

        a year ago

        A whale with a lot of money to spend has taken a noticeably bullish stance on Target.

        Looking at options history for Target (NYSE:TGT) we detected 10 strange trades.

        If we consider the specifics of each trade, it is accurate to state that 50% of the investors opened trades with bullish expectations and 50% with bearish.

        From the overall… Read more

        Steve and Tony_da_FIBO_SHATNER_Stacker
        2 Comments
      • So far, SPY has not been able to break above the resistance discussed yesterday. The 4H chart is now trying to start a bear cycle, and moving below 452.80 would help drive that. Next support is at 446.80. This could be the start of the next leg down that we are anticipating. That will remain the plan unless SPY pass through resistance…

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        KingJulien, Tony_da_FIBO_SHATNER_Stacker and 2 others
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      • Good morning OP! Hope everyone had some wonderful time off with their families! For the last week of the year, I will be posting all my daily analysis and intraday charting in the public chat and public part of my News Feed.

        Also, no weekly watchlist this week, though I’m still watching items from the last 2 weeks.

        SPY continues the bullish…

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        MountainViews, Tedh98 and 4 others
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