sfsamperi.blogspot.com

You have to survive

You have to survive
Every day is a battle, survival is rule #1

Thursday, July 2, 2015

Communists with a stock market

What's happening in Chinese markets?
Fill in the blank: In recent weeks, China's stock markets have __________________.
A) Wiped out as much as $2 trillion of investors' wealth.
B) Swung by as much as 10% in a matter of hours.
C) Scared the living daylights out of millions of shareholders.
D) All of the above.
Yes, correct! The answer is "all of the above." China's stocks markets have been swinging wildly since the middle of last month. One minute shares are up 6%, the next they're down 5% and plunging into a bear market. The main Shanghai market lurched lower again Thursday, dropping 3.5%.

Friday, June 26, 2015

Us equity demand is low

Companies with stock prices at $500, $800 or more per share are suddenly planning stock splits to squeeze even more wealth out of the public.  There are less than 30 stocks that fit this description but it has meaning for the whole market.  Demand is down, 95% chance because of a global recession and pending market crash, and splits are an easy temporary way to theoretically increase buying.  Lower share prices mean poor/frugal investors are more likely to purchase it.  But its possible for a sell off to start if enough people connect the split to lower demand and a lower price in the near future.

Jim cramer said splits are cosmetic and should not be the reason to buy.  And I say that if people really want to keep buying, the split would not happen, so beware.

The vulnerable fall first, china

China's stock market got wrecked on Friday with the Shanghai Composite index crashing by 7.4%.

The red-hot market is now down 19% from its high, which it set on June 12.

Some folks may see this as a buying opportunity, but not the analysts at Morgan Stanley.

"[T]his is probably not a dip to buy," Morgan Stanley's Jonathan Garner said. "In fact, we think the balance of probabilities is that the top for the cycle of Shanghai, Shenzhen and Chinext has now taken place."

With the housing market stagnating, savings products offering no returns, and restrictions preventing investments overseas, China's investor class have poured their money into the domestic stock market. The number of new brokerage accounts boomed and the amount of margin debt borrowed to buy stocks surged. Even after Friday's crash, the Shanghai Composite is up 104% from a year ago.

Chinese stocks are expected to fall another 30%, that mean about 50% off the highs, a typical market crash.

The rest of the world will follow suit.  Us equities should be at recession lows within a year from now.  Thats when I would buy futures contracts.

Monday, June 1, 2015

Eur/usd spot long entry

I had entered a long trade in my  playmoney account in may

Stop
Dont need one, I have balls of steel

Entry
1.09207. [ actually a bit lower but I forgot]

Target
1.4

Chinese gambling crash

Casino revenue in the world’s largest gambling hub fell for the 12th straight month in May, as China’s battle against graft and a slowing economy kept high rollers and vacationing gamblers away.
Gross gaming revenue dropped 37.1 percent to 20.35 billion patacas ($2.55 billion), according to data released by Macau’s Gaming Inspection and Coordination Bureau.
Macau casinos’ yearlong losing streak has left the city’s economy vulnerable as output tumbled 24.5 percent in the first quarter, worse than Greece and Ukraine ever did.

Thursday, May 28, 2015

And the selloff begins...

In choppy trade, the Shanghai Composite Index (.SSEC) was down 3.9 percent after diving nearly 7 percent on Thursday, when investors dumped stocks after more brokers tightened margin trading requirements and the central bank drained money to reduce flush liquidity in the financial system.

It looks like China will get things rolling.  They are having crazy swings right now, mostly swinging down.