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The Swamp

  • #53,101
  • Mar 2, 2020 7:35am Mar 2, 2020 7:35am
Port of Los Angeles is projecting a 25% drop in container volumes this month, as the economic impact of the coronavirus spreads across shipping operations and foreign supply chain. Imagine if 1 in 4 goods imported from Asia suddenly stopped coming. Impact just starting.

Here is the data. It will not be until around March 15 that they have data for February. Here is January only data, which was before major decline started.

Some people still trying to say this is fine.

For reference: The cargo coming into the port represents approximately 20% of all cargo coming into the United States
Follow the money --Mark Felt (Deepthroat)
  • #53,102
  • Mar 2, 2020 7:36am Mar 2, 2020 7:36am
Quoting longfellow
Port of Los Angeles is projecting a 25% drop in container volumes this month, as the economic impact of the coronavirus spreads across shipping operations and foreign supply chain. Imagine if 1 in 4 goods imported from Asia suddenly stopped coming. Impact just starting. Here is the data. It will not be until around March 15 that they have data for February. Here is January only data, which was before major decline...
this is huge..
those who can, do. those who cant, talk about those who can
  • #53,103
  • Mar 2, 2020 7:39am Mar 2, 2020 7:39am
Quoting gatorinla
{quote} 1148 +65 pips has held R since May 5 2018. (Disclaimer No pandemic then.) 1148 +-36 pips is the area most often slapped down. But the Fed is watching.
testing 1148 now..
those who can, do. those who cant, talk about those who can
  • #53,104
  • Mar 2, 2020 7:51am Mar 2, 2020 7:51am
Quoting gatorinla
{quote} 1148 +65 pips has held R since May 5 2018. (Disclaimer No pandemic then.) 1148 +-36 pips is the area most often slapped down. But the Fed is watching.
too early.. it did manage a 40 pip slap down so far on the 5 min 1164/1124
Attached Image
those who can, do. those who cant, talk about those who can
  • #53,105
  • Mar 2, 2020 7:52am Mar 2, 2020 7:52am
Did a visit to a local hardware store in sweden some supplies sold out was told to wait some weeks because of late deliveries from china. Some factorys depending on china might be running out very soon around Europe. Maybe even this week. Also the local supermarket have never had so empty shelves so people are buying ALOT of food
  • #53,106
  • Mar 2, 2020 8:10am Mar 2, 2020 8:10am
CNBC - Corona is here, probably lot's of people got it and they don't know others will get rid of it and they will not know

funny but true
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #53,107
  • Mar 2, 2020 8:15am Mar 2, 2020 8:15am
Quoting DMA Trader
{quote} increasing USD/CAD seems like the wind is in my favor today
wind is in my face now
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #53,108
  • Mar 2, 2020 8:19am Mar 2, 2020 8:19am
Quoting DMA Trader
{quote} 1.118 to 1.12 i think it's posible
lookong to go long at 1.108 ugly 1H candle. but can test again 1115
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #53,109
  • Mar 2, 2020 9:12am Mar 2, 2020 9:12am
so a Mask is 10 Usd in USA ? or CNBC is joking
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #53,110
  • Mar 2, 2020 9:28am Mar 2, 2020 9:28am
Quoting gatorinla
{quote} too early.. it did manage a 40 pip slap down so far on the 5 min 1164/1124 {image}
some R at 1H 1.113 area -
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #53,111
  • Mar 2, 2020 9:36am Mar 2, 2020 9:36am
Critical level on SPX at 2960 staying right here
vix going a little bit up today
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #53,112
  • Mar 2, 2020 9:56am Mar 2, 2020 9:56am
Quoting gatorinla
{quote} too early.. it did manage a 40 pip slap down so far on the 5 min 1164/1124 {image}
i doubt it will go to 1.10 b4 lc. .. that's the one to beat today.
those who can, do. those who cant, talk about those who can
  • #53,113
  • Mar 2, 2020 9:57am Mar 2, 2020 9:57am
Quoting DMA Trader
{quote} wind is in my face now
excuse me, too much fiber.
those who can, do. those who cant, talk about those who can
  • #53,114
  • Mar 2, 2020 9:58am Mar 2, 2020 9:58am
Quoting DMA Trader
so a Mask is 10 Usd in USA ? or CNBC is joking
now I'm blushing. sorry, damn enchilada.
those who can, do. those who cant, talk about those who can
  • #53,115
  • Mar 2, 2020 10:02am Mar 2, 2020 10:02am
Quoting gatorinla
{quote} excuse me, too much fiber.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #53,116
  • Mar 2, 2020 10:06am Mar 2, 2020 10:06am
BoB Pisani is bearish - my god
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #53,117
  • Mar 2, 2020 10:21am Mar 2, 2020 10:21am
Quoting Boulder
from Newsqawk.. EurUsd 1.1086 atm {image}
1072 has the outside chance today, If it can't take out the 1148+65 R.

lc will close higher than the previous. The odds are better for a test of 1164 area or more.
those who can, do. those who cant, talk about those who can
  • #53,118
  • Mar 2, 2020 10:24am Mar 2, 2020 10:24am
G7 Call Meeting tomorrow - CNBC
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #53,119
  • Mar 2, 2020 10:58am Mar 2, 2020 10:58am
Tourism is looking to take a big hit on gdp and employment. Central banks cutting rates is not going to help travel, no time soon. Until corona is gone. It won't help movie theaters and other venues where large crowds gather. I dont have all the employment numbers. Tourism in Germany alone accounts for 4.8% in employment. That's 2 million jobs. Who wants to stand in line at Disney world with someone coughing his guts up. Just going to the bank or store for me is running a germ gauntlet. Someone is always coughing up a nut.

Tourism compared to gdp
Italy gdp 7%
Europe gdp 10%
U.S.A. gdp 2.6 %
Germany gdp 4.5%
Other ez members % is much greater than these to = the 10%.

I was wrong about the USD being a safety run so far. I still can't see the euro fairing much better. When comparing 10% to 2.6%. The math dont make sense
those who can, do. those who cant, talk about those who can
  • #53,120
  • Mar 2, 2020 11:19am Mar 2, 2020 11:19am
Quoting gatorinla
Tourism is looking to take a big hit on gdp and employment. Central banks cutting rates is not going to help travel, no time soon. Until corona is gone. It won't help movie theaters and other venues where large crowds gather. I dont have all the employment numbers. Tourism in Germany alone accounts for 4.8% in employment. That's 2 million jobs. Who wants to stand in line at Disney world with someone coughing his guts up. Just going to the bank or store for me is running a germ gauntlet. Someone is always coughing up a nut. Tourism compared to gdp...

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conspiracy ok ? so ignore for trading

even if big boys have big position to get money if FED is is cutting rates it will get them happen exactly in 2018
also FED may be politically independent - but it's not independent

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another schenario . remember December 2008 on EUR/USD ? 1500 pips up then 1500 down on QE news ?
can we see it again ? for sure !
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
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