Crude Oil Inventories February 24, 2021 DOE Crude Forecast is -5190 DOE Gasoline is -3062 API Actual Crude is 1026 API Actual Gasoline is 0066 Will therefor use a forecast of = -2500 for Crude oil Will therefor use a forecast of = -1500 for Gasoline Remember that OIL is a commodity, so more oil is bad for the market price and vice versa. A positive deviation means a SELL on OIL and a negative deviation means a BUY on oil! So we must reverse the triggers!! Check out the great move that API private report created last night here! Nice spike and continuation! See charts here.... [link] Last weeks DOE report didn't trigger for us but was very close! See charts here.... [link] Trade plan.. For non-slip platforms will use a timeout of 100ms For platforms with slippage will use a timeout of 500msT1 = 3900 dev, with max conflict of 1500 on Gasoline T2 = 4900 dev, with max conflict of 2500 on Gasoline T3 = 6000 dev, with max conflict of 3500 on Gasoline Additionally, I can set up another T1 trigger of +-5000 on Gasoline if Oil deviates by at least +-1750 On platforms that allow slippage control, I can run the same setup but allow GAS conflicts up to 5000 on all triggers.
Re: CWD Stream Log Re: live
Live
1:50 Consolidation Agreed Guess we will find out soon why the nice rise in the CWD today ? I always thought Hamptons could be sold at a premium . SJ
1:50 Consolidation Agreed Just got a note from my broker that the 1 for every 50 shares consolidation was approved today. Effective 30/12/2019. So we will be looking at a CWD sp of over £3.50 in the New Year. In the past ii have been slow to respond to any consolidation and when signing in to your Virtual Portfolio you may think you are in the money - you soon realise that one line is the culprit… SJ
Director Buys Often ties in with compulsive gambling philosophy!
Director Buys @SaraRacano I’m genuinely shocked when i read in forums what people consider bullish or buy signals.
Director Buys Absolutely. How many buyers did the Vod ceo buy catch in the 170’s or 180’s? And the Elliot fund rumour of major interest? Note when the Elliot rumour day was… when they wanted all to be reinvesting div cash again
Director Buys If they are buying & then it shoots up it could be classed as “insider trading†so I doubt they would take the risk. If the shares were worth buying they would get someone to buy it on their behalf.
Director Buys Often use it to take opposite position.
Director Buys Just goes to show how directors try to manipulate stock. I have never found director buys a good indicator of future prosperity. Another illustration of avoiding stock with director involvement.
Going! Going! Gone! The charts may also be distorted by shorting. Traders closing short positions, so the price could jump 15%-20% next week in one trading day, which technically could mean a buy signal but in all reality is anything but. Apart from the likes of Barratt/Taylor Woodrow, big share placings that are only beeing used to pay down debt are historically none performers as none of the money being used is earnings enhancing so it´s very hard to see how this share placing is for recovery. You need to look at estate agents & barriers to entry, they are slipping. Could the scenario that hit CD´s/books/DVD´s hit High Street estate agents? I am surprised it has happened already.
Going! Going! Gone! I agree it is tricky to follow the charts, and once you are in can you actually get out? This is the traders and gamblers business not recovery investors. But this situation concerns a very specific market: the London housing market which will always be there. London is a capital city after all and a major financial hub regardless of the Brexit situation, though the scales might be different. There is also the rental market which does seem to be doing well. I wouldn’t count too much on CWD successfully raising the 9% bond, that is why they are taking the placing and open offer route, quite similar to what GKP did in 2016 but an entirely different case, market and scenario.
Going! Going! Gone! Sometimes charts don´t tell you much, markets are not price sensitive. These markets are so uttly manipulated. Look at Tesla, on Friday. Market makers knew where the killing was not to lower price. I doubt whether Tesla, is an isolated case. You could argue that placing shorts on most stocks is the correct way forward. I wouldn´t buy too many here. If they do the 9% bonds they might be the more attractive option. However, the housing market has peaked. There could be rough times ahead for anything involved with housing.
Going! Going! Gone! Get in! Get Out! Don’t Look Back! Follow the charts.