Looking back at a volatile week with TradersCommunity Trading Room traders. Friday closed with the US jobs report and heavy market selling. Join Andrew, Alex and Mahdavi in a candid discussion of the markets, fundamentally and technically within their trading plans. Feel free to share, like and subscribe to our channel and comment below. Get insight from traders after the chaos in Small Caps through to the S&P and Nasdaq futures and options as they explain through charts and trades. … Continue reading “Traders Musings Over Stock Market Chaos & Madness After Fed, Jobs and Technology Sell-Off”
Mind management is key to trading. Controlling your emotions and avoiding the pitfalls of the Fear of Missing Out (FOMO) is critical. Secondly you are never out until you have completed the trade. We look at Orphazyme’s $ORPH stock wild ride with 20 volatility halts ending in a violent island reversal trapping longs.
Uber Technologies reported worse than expected Q2 earnings with a smaller loss but on less revenue than expected. However the smaller loss was from a $1.6 billion gain from the sale of Uber’s self-driving unit. Uber’s Delivery business continues to carry the company. $UBER shares traded lower by 6.8% the miss.
Kansas City Federal Reserve President George joins the ‘bleeding obvious camp’ mulling she is “mindful that rate cuts could increase financial instability which Fed has limited ability to counteract.”
Uber Technologies Inc worse than Q2 expected earnings with a bigger loss on less revenue than expected. Their ridesharing rival Lyft reported better-than-expected Q2 results yesterday and lifted fiscal 2019 outlook.
Uber Technologies Inc reacted to the fallout from the Lyft initial public offering by lowering the IPO price in an attempt to lessen any negative impact, that was not the case. $UBER shares Fell 7.62%, losing over $200 million, the 5th biggest loss for an IPO in 30 years.
France’s market watchdog Autorite des Marches Financie (AMF) sees as the number risk for 2018 a brutal correction of stock prices. Goldman Sachs Bull/Bear Index is at the highest in almost 50 years. Analysts preach this time its different, is it?
Michele Bullock, the Assistant Governor, Financial System of the RBA spoke of The Evolution of Household Sector Risks. Risks in the residential real estate market appears to be currently low she said.
The Commodity Futures Trading Commission (CFTC) publish the Commitments of Traders (COT) reports with a breakdown of open interest for futures and options on futures markets. More specific, disaggregated reports (DCOT) came after the GFC in 2008.
After Crashing 666 points Friday the Dow Jones index crashed in the biggest points loss ever Monday, 1175 points.To put that in perspective, its a minor bump from a 30% rise. But as we said its all a matter of entry and leverage.