^ and china has the hold on lithium :lol

Lots of support for Clinton's presidency bid as you can see. Just based option flow alone, players are positioning for new highs. Fed is selling gold (which they have been using as a tool to prop up market) to keep check & balance.

Direction is all time high to support the Clinton bid. If Trump win though, it would be a very sad day for a lot of longs (including me) as I suspect most investors will liquidate their positions, because Trump is against the current redistribution of wealth (to the 1%) and want to change how Fed works. S&P probably will take a hit,won't dive, but probably would float down (my fav 1800 mark).

What are you talking about? Where are you getting your sources that Clinton is getting lots of support? She's got the lowest approval ratings of all time (second lowest to Trump), and she's losing ground to Bernie on a daily basis.

I thought of responding to this one but decided its better to let event unfolding itself. The problem with most investors is they are waiting for news which are merely intepretation of events already happened. Invest on news you will lose 99 times out of a hundred.

Some powerful people control the news and make fortune out of it. For us lowly peasants, we should look at the economic environment, the psychology of the players at work. Thats right, psychology baby.

In regards to this, who was the big gun? Times and times again, I have mentioned the Fed, the single most powerful player in the game. Sanders and Trump have come out publicly hinted they would reform Fed. So how they would counter this. These guys are building faith in the American people by masterfully taking the economy up through various instruments. Then the news follow. Americans are thinking: look, unemployment at record low, so low that new job numbers have started to slow after quarters and quarters of record high. Basically they are saying economy is doing so well we are considering a rate hike. Do we really need Sanders and Trump reform? Nope. This race is for Clinton to lose.

26APR2016:corn:
http://puu.sh/plv6L/635aee9ac9.png

soybeans
http://puu.sh/plv8M/40c0bc30f2.png

ohhhhhhhh whos right? WHOS RIGHT? IM RIGHT!

if you bought in that day, you'd be up over 200% at the minimum without compounding your wins.

Glad you made money. But when something has a 50% chance of coming true, you're not exactly Nostradamus. :)

This is why stock threads are usually a waste of time unless it's targeted at macro trends. Once it goes to cherry picking level, it's time to sign out.

macro and micro is all the same bro.

50% chance its going up... 50% chance its going down... and... 50% chance its going sideways??? haha

So what are your views on brixit? Time to hoard pounds?

The news reports that I have read point to the "Leave" side of the Brexit referendum vote being up 10 points over the "Stay" side.

I was talking to some buddies about whether there are any exchange traded funds (ETFs) that are Bear ETFs against the London stock exchange, aka FTSE (Footsie). That type of ETF would make money as the London stock market is expected to plummet if the UK does leave the EU after the Brexit vote.

Unfortunately, my buddies and I do not know of any Bear ETFs for the London Stock exchange. :-(

Can't you short ETF that tracks ftse? I think Britain gonna gtfo of the clusterfuck that eu right now

any good value buys since the vote? holding for monday to see what happens?

Everybody and they're dog getting ready to jump on any crashes...i honestly wanna see who's brave enough to see what the outcome will be in 5 years or more.

I'm all in on American banks. (BAC and WFC).

My watchlist:
TSLA
VRX

Dabbled in some HVU - Will sell before the long weekend

nobody should touch VRX. It will probably head lower enough and get taken private, but that could be in the si ngle digit. Dangerous casino.

Still have my longs. Bought a batch of SPY on blood this morning in fact. Commodities part incluse precious metal actually make sure my ETF longs didnt get crushed. Also reason why TSX not doing too shabby, so many miners.

Truth is I'm scared shitless if Trump win. Will hedge the shit out of my longs in coming month. If trump wins, im all out.

Yeah watching how the British political turmoil resulted in a massive one day crash is kind of scary considering how close the Clinton Trump race is going. Hopefully, if Trump wins, that too will be just a one or two day crash with a quick full recovery

Looking at the same things.

VRX might be a good buy since how much worse can it really get for them?

I really think VRX is a 50/50 bet. I worked in a few pharmacies for several years and a LOT of drug products shelved used to be branded Valiant. It's just name recognition that I'd be buying into.. despite the well recognized name recognition though, from the retail side, it seems that there were a lot of non-retail dealings that the company has been involved with that I don't know much about - it's this part that is sightly concerning for me. This could be a totally oversold stock. (TCK style), or it could be another BlackBerry (RIM), Nortel, or Enron. Hard to tell... Even the billionaires can't decide (Ackerman vs Icahn).

TSLA on the other hand... Super popular car. It might just be the people I affiliate with, but the model S & X are extremely popular among my group of friends. The model 3 could do really well also. With the recent election cycle pointing out all the fraud in governments around the world (regarding election rigging - buying of politicians etc), I don't think big oil will keep a stronghold for much longer on the car industry. Electric is the way of the future.

Can't believe I missed my buy in point back when it was $92 or whatever, hummed and hawed for a few days when it went over $100 then kicked myself Hard a month later lol

Yeap says every long from 80, 60, 50, 40, 30. I remember my last trading position was a long from 75-83 call option. Then dramas, midnight news bombs. Fucking thing has more IEDs than an Iraqi highway.

@ about $26 today, the upside potential is huge.

PRO:

-Mike P fired and replaced by Joe P (perigo CEO with decades of pharma experience)
-Sweeping board changes
-Millions invested into Canadian manufacturing
-Default notices hushed, no further issues out of the ordinary not already baked into SP.
-2 new drugs pending approval by FDA in July (oral relistor, vesneo), BLA drug to be approved in november.
-Free cashflows and increased sales: Valeant Pharmaceuticals International Inc Guides for Strong Prescriptions Growth: RBC Capital
-Any bad news is simply a rehash
-MACD is showing a turnaround
-Value of real assets are not properly valuated with current SP
-Q1 was already indicated to be a "Lost quarter"
-Some discounting on two heart medications to hospitals (still marked up way high but no longer as evil as before)
-Average consensus price PT is still $72.94 (slight bias to buy side)
-Papa's usual is under promise, over deliver (all the bulls hope for amazing Q2 ER).
-Bausch and Lomb now the most trusted eye care brand, this one I believe is VRX's biggest winner.

CON:

-31b debt
-Mike P still a consultant and had a severance that ended up being criticized -during the review of the 10Q
-downgraded guidance
-Market sentiment is poor on this
-JP morgan downgraded to neutral
-Made new 6 year lows for days straight.


Most of everything now is just noise. I made money on this stock last month and hold no position now but until there is a buy signal off the charts I'm not going to position myself back in for a while.

Don't make a decision on my analysis. This is definitely a risky trade but if you look at ibb it's recovering and look at what happened to ENDP yesterday, patent approval and near 20% jump but got messed today. VRX is just as volatile. What happens when FDA approves both drugs in July? What happens when ER comes out in July and takes into account the increase in sales and recovery of dermatology arm of VRX? July is a big month for VRX.

You never know with biotech. If you want a more objective view on VRX:

https://www.macroaxis.com/invest/mar...ernational-Inc

Otherwise buyer beware. Hit it and quit it.

Good days and bad days happen.Sometimes you have to scalp 15 cents at a time, sometimes you can get away with a bit over a dollar, and sometimes you wish you held on for another 15 minutes as it goes up another 10 cents which happened. SLF always feeds me but I'll never get rich trading this stock.

I hit CM then quit it for a day. When the band is that narrow scalping 15 cents at a time it's risky and I'm glad my last CM trade didn't go through because it broke support and is slowly recovering. You can never be sure what happens even when you chart. Sudden news of CIBC purchase of assets? BAM 3.3% drop.

http://i1161.photobucket.com/albums/...Untitled_2.jpg

I don't trade often, but when I do, it's when the market is in distress. Like after brexit.

PEA for PGD.TO now out, gonna make a run with those numbers.

Beautiful market. Buy all the things.

Who still have TCK????:drunk: