E-currencies vs US Dollar: Bitcoin, Ethereum, Steem, Litecoin. Bitcoin hit $6000 a coin last week! Bitcoins market cap hit $100 Billion last week too. LedgerX’s Options for Bitcoin are finally here. The US Dollar is range bound between 91-94$. Which currency do you want to invest in? With Bitcoin Options available for hedging, expect the large institutional investors to join us.
https://www.coinbase.com/charts?locale=en-US
https://www.worldcoinindex.com/coin/steem
https://steemit.com/derivatives/@jrcornel/it-s-official-regulated-derivatives-markets-are-hereCherry Picks Newsletter:
The Tastytrade Research guys are at it again with excellent ideas. Every Tuesday, these Quants post their ideas for the week. Each Quarter they created an earnings newsletter. Check them out on Tastytrade.com or perhaps signup for their newsletter. If this blog sounds like gibberish, watch "Where do I start 101" free education series on Tastytrade.
https://s3.amazonaws.com/cherry-picks-s3-bucket-newsletter/live/17_10_24_tastytrade_Research.pdf?mc_cid=2d3472e36d&mc_eid=e9e24bad07
https://s3.amazonaws.com/cherry-picks-s3-bucket-newsletter/live/17_10_15_tastytrade_Research.pdf?mc_cid=65f403d286&mc_eid=e9e24bad07Volatility Remains Low: VIX <11, the US Market hit all time hits in Dow, SPX, RUT and QQQ. This could be the Tax Reform Buy the Rumor rally. How high can it go?
Trump Trades -
Health Care - Short all health care stocks, new budget pulls $1.5 Trillion from Medicaid and Medicare
Defense - Stay long Defense stocks,
Daily Tweets - Twitter Covered Calls and/or Wheel of Fortune
Media Attacks - Long NY Times, CNN, MSNBC, SNL….
Budget Framework - Long Defense, Senate passed a budget
Private Prisons Increase - Long CXW, GEO
Tax Reform - Lower Business Taxes, Eliminate AMT, Tax Amnesty, Eliminate Estate Tax
Repeal Fiduciary Rules & Dodd Frank - Long Banks
Regulation Freeze - 1) For each new regulation, two must be eliminated. 2) Costs impact must be neutral..
Federal Hiring Freeze ( hire 1 if replaces 3 or 4 folks)..
Stopping Trade agreements - Short farmers, Nafta renegotiation
Real Estate - Long BXTRADE Log: VIX < 11 Low Volatility Trades
- Long GOLD, TLT, BITCOIN..
- VIX, UVXY and SVXY Volatility Plays
- Calendars and Diagonals RUT, SPX
- Earnings, Earnings, Earnings
Video:
Doc Severson - Theotrade: Fading CAT on a Budget
I think I may have found my spiritual home on steemit. So many good trading blogs, of which yours is one. Followed.
Citizen, Thanks for following. I put this out weekly for my Wednesday Trading Group here in Indianapolis. We use it to drive a 4 hour discussion and trading sessions. Would love your feedback and will follow you too... TraderDad
I look forward to reading a lot more from you. I love that user name.
As a follower of @followforupvotes this post has been randomly selected and upvoted! Enjoy your upvote and have a great day!
Thanks
interesting post!
five34a4b, Do this weekly for my Indianapolis Trading Group and other trading followers. This week, we will add a section on Risk Twist Spread for 1Q 2018. The US rise is likely to continue as GDP hit a seasonal high of 3% in 3Q 2017.
Love it!