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 USA Stock Discussion v6, Midterm Elections! U.S. Jobs Report!

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danmooncake
post Jan 1 2015, 08:42 AM

Market Up, Market Down...Wheee..
********
All Stars
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HAPPY NEW YEAR EVERYONE!!! thumbup.gif
danmooncake
post Jan 3 2015, 04:42 AM

Market Up, Market Down...Wheee..
********
All Stars
10,123 posts

Joined: Aug 2007
QUOTE(AVFAN @ Jan 2 2015, 02:06 PM)
cheers.gif

existing holdings, think good chance as us economy looks strong, usd getting stronger.
crude... should see bottom "soon". tongue.gif
but... how to buy more with rm? now...3.5145. shakehead.gif
*
Wow.. USD went above 3.50 against RM ... now 3.523 brows.gif

This post has been edited by danmooncake: Jan 3 2015, 04:42 AM
danmooncake
post Jan 4 2015, 10:37 PM

Market Up, Market Down...Wheee..
********
All Stars
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QUOTE(AVFAN @ Jan 4 2015, 02:30 PM)
i expect it to keep edging lower until one of two things happen - oil price rebound significantly or a reversal in net capital flow happens - both
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I'm interested to know if low oil prices can hurt Petronas or not.. but someone spin the story it doesn't hurt Petronas at all but yet Petronas made its move to reduce cap expenses and caused a dump in Malaysia equities in December.

http://www.thestar.com.my/Business/Busines...nies/?style=biz




danmooncake
post Jan 6 2015, 11:26 AM

Market Up, Market Down...Wheee..
********
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QUOTE(yok70 @ Jan 6 2015, 04:39 AM)
ok. first stop 1970.  brows.gif
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Not sure if it will get there... I think if like last time (Dec 15/16th pullback),
if bull comes in rampaging the next day after dip at 50ma (like today), then just
close eyes and buy next day.
danmooncake
post Jan 7 2015, 11:04 AM

Market Up, Market Down...Wheee..
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QUOTE(AVFAN @ Jan 6 2015, 05:49 PM)
crude 48.xx...

this one coming true or what!
and more pain for bursa, rm, 1mdb, etc...

man, my pack of boncafe will be rm20, salmon rm80 per kg soon!! laugh.gif
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Holy cow.... sure indeed more pain for Bursa.. the locals players are running for the exit door.
danmooncake
post Jan 7 2015, 10:02 PM

Market Up, Market Down...Wheee..
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QUOTE(wongmunkeong @ Jan 7 2015, 01:22 PM)
OptionsXpress for trading though i may need to lower my capital usage until i can verify properly a fellow forumer's posting on "Death/Estate taxes on US assets by aliens" - anything above USD60K may be taxed 45%+/-. IRS via email was no help. OX.. er.. no help either.

Looking for US Death/Estate tax experts in Malaysia is a pain for such a small ciku like me  cry.gif
Anyone can clarify?

Was planning to do investing in ETFs via OX as well due to the pains of ARCA via HLeB.
Yes - EVERY DANG NEW ARCA - call in first (that was what i was told).

My third option - waiting for a response from my Financial Planner - she said Kenanga or something has systems to ARCA online platform.
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That "US Death/Estate" is only IF and WHEN you die, your beneficiary who inherits your capital gains, will have to pay those taxes.
danmooncake
post Jan 7 2015, 10:04 PM

Market Up, Market Down...Wheee..
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QUOTE(talexeh @ Jan 7 2015, 11:07 AM)
Just received a call from HLeBroking agent to explain my predicament. Apparently the share that I queued (an ETF called DWTI) for is some kind of "archive share" & they'll have to engage with their platform partner to add it in. sweat.gif
*
Waah.. DWTI is 3x leverage BEAR share of Oil. brows.gif

It's ETN... not ETF - be careful sweat.gif

This post has been edited by danmooncake: Jan 7 2015, 10:05 PM
danmooncake
post Jan 7 2015, 10:08 PM

Market Up, Market Down...Wheee..
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QUOTE(teehk_tee @ Jan 7 2015, 05:22 PM)
this is a crucial moment, will be on the prowl for USO & XLE tonight fingers crossed.
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Yeah, that's at the support line again.. (more dangerous to play USO then XLE).

If crude test at 40 and drop below it, it will be multiple years of overhang supply again.

danmooncake
post Jan 7 2015, 11:04 PM

Market Up, Market Down...Wheee..
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QUOTE(talexeh @ Jan 7 2015, 10:49 PM)
To be honest, I've looked through both terms in Investopedia & I still can't really see how they're different from each another. sweat.gif
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In implementation, some ETN tracking are way off.. especially velocity shares.
So, use it as it is. Just a trading vehicle and short term hold. Take profits when you get the chance.
Don't treat this as investment. nod.gif

danmooncake
post Jan 7 2015, 11:14 PM

Market Up, Market Down...Wheee..
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QUOTE(wongmunkeong @ Jan 7 2015, 10:41 PM)
heheh - i'm an pessimistic optimist but death for me is WHEN, not IF,
and the reason why i bother trading & investing is for my beneficiaries
thus my  sweat.gif on the impact.. 45% ya know  shocking.gif
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I'm not sure it will be that high unless you got millions to pass on.. are u sure about this?

But depending on your filing status... (resident vs non-resident) and if you can still get tax-exempt on non-resident
for cap gains, perhaps best to put your account in joint account status and one of the survivor can execute the securities sale
without going thru inheritance/real estate transfer.


danmooncake
post Jan 9 2015, 09:57 AM

Market Up, Market Down...Wheee..
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QUOTE(yok70 @ Jan 9 2015, 01:26 AM)
doh.gif
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Basically, the bulls are still in control.. so buying dips everytime it has been winner because the market continues to trend higher.
Just close eyes and BUY next time, ok? tongue.gif

It just take one time and one time only, buy dips will be loser - if it happens you will know then the market will trend lower. brows.gif



danmooncake
post Jan 9 2015, 10:38 PM

Market Up, Market Down...Wheee..
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It seems commissions at IB (Interactive Brokers) is very cheap.. only $1 per 100 shares trade.
Wondering if there's any other hidden fees? Anyone knows?
danmooncake
post Jan 9 2015, 10:48 PM

Market Up, Market Down...Wheee..
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QUOTE(kimyee73 @ Jan 9 2015, 04:01 PM)
Some of them are very well established, not to worry much. I started with Datek back in 1997, which were acquired by Ameritrade in 2002 and later it  merged with TD Waterhouse to form TD Ameritrade.
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I had it the other way... my early broker was SureTrade..in '97. Then, it was bought by O'Reilly after the dot-com bubble...
and now TD Ameritrade.

All the tiny brokerage houses that were mushrooms were merged into the big ones. laugh.gif
danmooncake
post Jan 13 2015, 03:40 AM

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QUOTE(yok70 @ Jan 13 2015, 02:38 AM)
very nice....2000 coming.  thumbup.gif
*
Let's buy again if it dives to 1950 (200ma). tongue.gif



danmooncake
post Jan 14 2015, 02:40 AM

Market Up, Market Down...Wheee..
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DOW and SP500 reversing and breaking down... come 'mon bears. Take it down below 2000! brows.gif
danmooncake
post Jan 14 2015, 11:11 PM

Market Up, Market Down...Wheee..
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QUOTE(AVFAN @ Jan 14 2015, 10:07 PM)
buy on dip, dive on plunge! laugh.gif
*
There are some early bulls here.. they're buying this gap down indeed. nod.gif
danmooncake
post Jan 15 2015, 12:00 PM

Market Up, Market Down...Wheee..
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QUOTE(AVFAN @ Jan 15 2015, 09:26 AM)
i was tempted to jump in... jumped into bed instead. biggrin.gif

pleasant surprise to see a good rebound in oil prices, energy/oil counters got a break at finish.
these counters have been bashed up day after day, so it was refreshing!!
*
Are u still holding that XLE??

It looked down at the abyss today (below 72) ... and backs off. sweat.gif

This post has been edited by danmooncake: Jan 15 2015, 12:01 PM
danmooncake
post Jan 16 2015, 12:29 AM

Market Up, Market Down...Wheee..
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QUOTE(morning06 @ Jan 15 2015, 11:01 PM)
wow bear everywhere!

hmm.gif thinking to load a few contracts on SPY CALL for longer term if it hits 1980 and 1960 level. Kinda scary though  wacko.gif
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I'm short 195 SPY PUT expiring tomorrow.
Just -5 pts from here.... it can happen pretty quick if bears get mad. sweat.gif
danmooncake
post Jan 16 2015, 03:48 AM

Market Up, Market Down...Wheee..
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QUOTE(morning06 @ Jan 16 2015, 01:16 AM)
looks like its trading below 2000, fail to break above 2000 on previous try. But still too early to say though.
btw, i've noticed that you're mostly selling options. Dun mind if i ask, you're selling them naked or covered?

Close my second round of SPY PUTs, having some good trades this week  icon_rolleyes.gif
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Puts can sell naked (must have enough in Margin account) but Calls must sell covered.

This post has been edited by danmooncake: Jan 16 2015, 03:49 AM
danmooncake
post Jan 16 2015, 10:11 PM

Market Up, Market Down...Wheee..
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QUOTE(mikehwy @ Jan 16 2015, 04:19 PM)
Yesterday copper drop also xaused a stir. Still, the swiss issue seems to be more disturbing
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The Swiss National Bank move is really devastating to Euro.. heck. already retreating, now
they're going to push it down even more. They are going to cause Europe to stay in recession.

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