S&P 500 cash weekly competition for 2017 with PRIZES!

[wackypete2]

FOMC meeting With press conference this week.
Interest rate rise!

USD sell off...

Peter

 

[postman]

USD sell off...

Peter

Stocks to soar then!

 

[Atilla]

USD sell off...

Peter

Why would USD sell off?

 

[postman]

Why would USD sell off?

Trump has indicated a policy of a lower dollar.

 

[counter_violent]

2408.22 -


There you go CV, something for you to frame and hang up on your wall.

Can't read it, so that's an epic fail

 

[Atilla]

Can't read it, so that's an epic fail

It's a picture not a book

 

[postman]

It's a picture not a book

Ouch!

 

[Atilla]

Ouch!

Noooooo! Not to CV.

I can think of few others but not mi fwiend dear ol CV.

Bundles of joy and laf a minute.

 

[Atilla]

Hi Everyone - Week 24 almost at mid-year point for 2017 and 3 weeks to go for end of SPX Quarter 2 competition. There is $100 Amazon prize voucher at stake along with our credibility and egos laid bare before the World's eyes.

We have 5 bulls v 8 bears this week. WackyPete v PingPong along with Weighted Average against Mean. My money is on Mean Average as it is leading the tables this quarter. Pack is smarter than the chosen few.

There is 59 ticks in forecast variance which is twice actual ATR. Interestingly this ratio has held for most part of the last 23 weeks. SPX's weekly ATR averaging 28.

As it stands end of Monday evening, same as last week it looks like Average and Mike are battling it out. Will she hold, blow up or deflate???


PS. I've blundered. Should have gone bullish.


Wishing you all good luck

 

[counter_violent]

Hi Everyone - Week 24 almost at mid-year point for 2017 and 3 weeks to go for end of SPX Quarter 2 competition. There is $100 Amazon prize voucher at stake along with our credibility and egos laid bare before the World's eyes.

We have 5 bulls v 8 bears this week. WackyPete v PingPong along with Weighted Average against Mean. My money is on Mean Average as it is leading the tables this quarter. Pack is smarter than the chosen few.

There is 59 ticks in forecast variance which is twice actual ATR. Interestingly this ratio has held for most part of the last 23 weeks. SPX's weekly ATR averaging 28.

As it stands end of Monday evening, same as last week it looks like Average and Mike are battling it out. Will she hold, blow up or deflate???


PS. I've blundered. Should have gone bullish.


Wishing you all good luck

What does it say on the side of your bus ?

 

[Oscar Reed]

What does it say on the side of your bus ?

It's an electric bus and it's broken down.

 

[mike.]

What does it say on the side of your bus ?

"We are the self preservation society "

 

[counter_violent]

It's an electric bus and it's broken down.

Lucky it broke down where it did, another few feet it be in the water

 

[wackypete2]

Why would USD sell off?

It's already selling off... EURUSD up about 90 pips, for several reasons. Nevertheless, it will probably reverse if/when rates actually get hiked today since the sell off will already be priced in.

Just my 2 cents.

Peter

 

[Atilla]

It's already selling off... EURUSD up about 90 pips, for several reasons. Nevertheless, it will probably reverse if/when rates actually get hiked today since the sell off will already be priced in.

Just my 2 cents.

Peter

Not what I would have expected but thanks for raising this.

Looking at US $ futures index it's down 0.5%.

Not much movement on SPX though. Could do with a little tank

 

[postman]

Not what I would have expected but thanks for raising this.

Looking at US $ futures index it's down 0.5%.

Not much movement on SPX though. Could do with a little tank

Ask your resident currency experts:
Dollar down = Indices Up/Down ???

Who knows?

 

[Atilla]

Ask your resident currency experts:
Dollar down = Indices Up/Down ???

Who knows?

I'd said currency up indeces down but it's all hotch potch as with historic low rates, money has no place to go but equities imo.

Cash needs a home like everything else in life. Why earn 1% on cash when one can get 3-7% on equities.


Is it possible Feds do not raise rates today?

 

[postman]

Long bitcoin.

 

[postman]

 

[Atilla]

SPX is well confused.

Is it going to budge at all this week?

:whistling