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omphaloskepsis View Drop Down
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Direct Link To This Post Posted: November 14 2018 at 08:43
Ivnord asked about the difference between commodities and stocks.  Commodities are raw materials or primary agricultural product that can be bought and sold, such as oil, coffee, orange juice and copper.  On the whole, commodities tend to be more volatile in price than stocks.   With commodities a trader can quickly win big or lose big when compared to stocks.   With 75% of my bet I shorted multiple oil stocks and with the remaining 25% I bought "oil puts".  Yesterday I predicted a "dead cat bonce" and so I closed all my positions.  I was right again.  As I type  Oil is up 2.73% this morning.    ( Usually my husband makes the trades)Wink 



Newly elected New York City Democrat Socialist Alexandria Ocasio-Cortez criticized New York State for giving Amazon 1.5 billion dollars of Tax Payer funded money.  That's $48,000 per employee.   I totally agree with Ocasio-Cortez on this issue.  Osasio-Cortez tweeted- 

"Amazon is a billion-dollar company," Ocasio-Cortez wrote on Twitter late Monday. "The idea that it will receive hundreds of millions of dollars in tax breaks at a time when our subway is crumbling and our communities need MORE investment, not less, is extremely concerning to residents here."

https://www.cnn.com/2018/11/13/politics/ocasio-cortez-amazon-hq2/index.html



To those who feel I am a Russian spy, I get the joke.  What a real horror show!   Who can name the movie and novel I just alluded to?  

 Let me get this strait.  If I disagree with you, I am a Russian agent,  bad person or troll?   If I didn't disagree with folks on this thread, this thread would devolve into a political echo chamber.  If you don't want me to post anymore, just ask me to leave and I'll go away.  I promise.  Just ask. Wink






"Like a welcome summer rain, humor may suddenly cleanse and cool the earth, the air and you." - Langston Hughes

Does that quote by American poet- Langston Hughes quote look familiar?   It should, because I posted it on the previous page of this thread, warning those of you without a sense of humor that there was comedy ensonced.   20% to 35% of folks lack a sense of humor.  If the shoe fits...wear it.LOL


Edited by omphaloskepsis - November 14 2018 at 09:08
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Direct Link To This Post Posted: November 14 2018 at 09:18
Warning- following political commentary contains elements of comedy! Wink 

Fake news CNN flat out lies about Acosta accosting WH female aide.  CNN claims Acosta didn't touch her, yet the video evidence clearly disproves CNN's claim.   Breaking CNN news.... Orange Man Bad!  Slavery good.



"Laugh as much as possible, always laugh. It's the sweetest thing one can do for oneself & one's fellow human beings." - Maya Angelou


Edited by omphaloskepsis - November 14 2018 at 09:24
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Direct Link To This Post Posted: November 14 2018 at 09:25
Okay, why don't you go away.
You don't talk to anyone, you just pontificate.
Over-sized print and stupid videos instead of conversation.
You re the jerk at the political rally with a megaphone.
Go away.
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Direct Link To This Post Posted: November 14 2018 at 09:32
Originally posted by Easy Money Easy Money wrote:

Okay, why don't you go away.
You don't talk to anyone, you just pontificate.
Over-sized print and stupid videos instead of conversation.
You re the jerk at the political rally with a megaphone.
Go away.
 

If you're the spokesman for the posters, I will go away. 
I'll talk to you Easy Money.  What do you want to talk about?   I'm listening.Wink


Edited by omphaloskepsis - November 14 2018 at 09:34
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Direct Link To This Post Posted: November 14 2018 at 09:39
I just wanted to prove you're a liar.
You're exact quote "Just ask me to leave and I'll go away".

Since you are editing your post right now, I saved your quote:
If you don't want me to post anymore, just ask me to leave and I'll go away. I promise. Just ask. Wink


Edited by Easy Money - November 14 2018 at 09:45
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Direct Link To This Post Posted: November 14 2018 at 09:58
Originally posted by Easy Money Easy Money wrote:

I just wanted to prove you're a liar.
You're exact quote "Just ask me to leave and I'll go away".

Since you are editing your post right now, I saved your quote:
If you don't want me to post anymore, just ask me to leave and I'll go away. I promise. Just ask. Wink
 

I did say that Easy Money.  I'm so enjoying this conversation.  Notice the word "you" in my post.   Easy Money, did you know that "you" can be used in the plural sense as well as the singular?  It's true.  I meant "you" in the plural sense.  Perhaps this was the problem all along?  Easy Money,  You "singular" took it personally every time I used you in the plural sense.  Tongue    I can see why you "singular" are upset. Wink 

Anyway, I used You in the plural sense.   Over the last week there have been at least 10 folks active in this thread.  If the majority....Let's say 6 want me gone then I will go.   I'll bow out to the majority.    

By the way Easy Money.  You "singularly" are the liar.  Your post was edited 13 minutes ago.  How could I have been editing my post when it clearly shows I did edited the post in question 50 minutes ago?  Did I use a time machine?   How did I do it Easy Money? Wink    

Just so you "singularly" will understand, As time moves on so will the 13 minutes and the 50 minutes edits I just described.  In an hour it will be 73 minutes and 110 minutes.  Do you singulary understand Easy Money? "Forgive and forget"  I forgive you for lying Easy Money, perhaps instead,  you singularly were confused. Wink



Edited by omphaloskepsis - November 14 2018 at 10:07
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Direct Link To This Post Posted: November 14 2018 at 10:00
Donald! My dictator, my prophet! I love you!

Please send all these heretic journalists in prison asap. My land will be a much safer place without those scumbags.

Yours truly,

Barbu

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Direct Link To This Post Posted: November 14 2018 at 10:05
Originally posted by omphaloskepsis omphaloskepsis wrote:

Originally posted by Easy Money Easy Money wrote:

I just wanted to prove you're a liar.
You're exact quote "Just ask me to leave and I'll go away".

Since you are editing your post right now, I saved your quote:
If you don't want me to post anymore, just ask me to leave and I'll go away. I promise. Just ask. Wink
 

I did say that Easy Money.  I'm so enjoying this conversation.  Notice the word "you" in my post.   Easy Money, did you know that "you" can be used in the plural sense as well as the singular?  It's true.  I meant "you" in the plural sense.  Perhaps this was the problem all along?  Easy Money,  You "singular" took it personally every time I used you in the plural sense.  Tongue    I can see why you "singular" are upset. Wink 

Anyway, I used You in the plural sense.   Over the last week there have been at least 10 folks active in this thread.  If the majority....Let's say 6 want me gone then I will go.   I'll bow out to the majority.    

By the way Easy Money.  You "singularly" are the liar.  Your post was edited 13 minutes ago.  How could I have been editing my post when it clearly shows I did edited the post in question 50 minutes ago?  Did I use a time machine?   How did I do it Easy Money? Wink    

Just so you "singularly" will understand, As time moves on so will the 13 minutes and the 50 minutes edits I just described.  In an hour it will be 73 minutes and 110 minutes.  Do you singulary understand Easy Money.  I forgive you for lying Easy Mondy, perhaps instead,  you singularly were confused. Wink



So you lied about leaving if requested.
Sad
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Direct Link To This Post Posted: November 14 2018 at 10:06
Originally posted by Barbu Barbu wrote:

Donald! My dictator, my prophet! I love you!

Please send all these heretic journalists in prison asap. My land will be a much safer place without those scumbags.

Yours truly,

Barbu

or just deny their first amendment rights by revoking their press passes.
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Direct Link To This Post Posted: November 14 2018 at 10:38
Originally posted by SteveG SteveG wrote:

Originally posted by Barbu Barbu wrote:



Please send all these heretic journalists in prison asap. My land will be a much safer place without those scumbags.


or just deny their first amendment rights by revoking their press passes.
 


Other White House reporters complained about Acosta hogging the microphone and rudeness.  Did you watch the video of Acosta refusing to give up the microphone, so that other reporters could ask questions?  The president gave Acosta several minutes of microphone time.  Then Acosta pushed away a female white house staffer, who was attempting to pass the microphone to another reporter, who wished to ask a question.     Acosta would not share the microphone with other reporters.

How is the White House denying first amendment rights?   Steve, have you read and understand the first amendment?    Acosta is free to report whatever he wants...and he did today.  In fact Acosta is all over the news spouting his complaints.  Nobody stops him.  Only Acosta's permanent press pass was revoked.  Acosta can attend WH press conferences on a temporary pass.   CNN can send any other reporter to the White House on a permanent pass.  In my opinion, the President isn't curbing anyone's 1st amendment rights.  How many journalist has Trump jailed? Answer-  zero.   How many journalists did Obama jail?

https://freedom.press/news/obama-used-espionage-act-put-record-number-reporters-sources-jail-and-trump-could-be-even-worse/
      

Thought question.  If a reporters are denied White House Press Passes....Is that a violation of their first amendment rights?    Should the White House give a permanent press pass to every reporter or journalist who requests one?    

CNN is suing the White House.   Considering my limited legal knowledge of the 1st amendment, I predict CNN will lose. Anyone want to jump in on that prediction?  Correct predictions are a solid sign of a person's ability to dissimulate facts and reality.Wink 


Edited by omphaloskepsis - November 14 2018 at 10:42
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Direct Link To This Post Posted: November 14 2018 at 10:50
trump's favorite network, fox, is supporting Costa and CNN. Nice that fox is actually showing a backbone for a change instead of just being a federal government puppet network.
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Direct Link To This Post Posted: November 14 2018 at 11:07
Great news from my home state Texas!   Count 'em...19 black female judges elected!   

 https://www.buzzfeednews.com/article/mbvd/black-women-judges-texas 
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Direct Link To This Post Posted: November 14 2018 at 11:13
More good news, trump's approval rating is on the decline since his people got their ass kicked during the mid-terms.

Real Clear Politics is multi-partisan and pulls from all sources.

https://www.realclearpolitics.com/epolls/other/president_trump_job_approval-6179.html
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Direct Link To This Post Posted: November 14 2018 at 11:23
Originally posted by omphaloskepsis omphaloskepsis wrote:

Ivnord asked about the difference between commodities and stocks.  
That's quite a frivolous interpretation of my words. I haven't asked about the difference. I implied your total lack of knowledge on the subject. For future reference, if you ever decide to pose as a sophisticated investor on some other forum.... what you're referring to is commonly known as "futures contract," or simply futures in the parlance of traders.

Originally posted by omphaloskepsis omphaloskepsis wrote:

 I bought "oil puts". 
Never talk about something you don't know.
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Direct Link To This Post Posted: November 14 2018 at 11:35
more good news!!!! LOL

time for the never too early 2020 PA's Senate election preview.

So where to start.. lets start with who is actually up for relection... 

The 2020 Senate battleground

Senators up for re-election in 2020 and their state’s partisan lean*

INCUMBENT
NAMEPARTYSTATEPARTISAN LEAN
Michael EnziRWyomingR+47.4
James RischRIdahoR+34.9
James InhofeROklahomaR+33.9
Mike RoundsRSouth DakotaR+30.6
Shelley Moore CapitoRWest VirginiaR+30.5
Lamar AlexanderRTennesseeR+28.1
Doug JonesDAlabamaR+26.8
Tom CottonRArkansasR+24.4
Ben SasseRNebraskaR+24.0
Pat RobertsRKansasR+23.3
Mitch McConnellRKentuckyR+23.3
Steve DainesRMontanaR+17.7
Bill CassidyRLouisianaR+17.3
Lindsey GrahamRSouth CarolinaR+17.2
John CornynRTexasR+16.9
Cindy Hyde-Smith†RMississippiR+15.4
Dan SullivanRAlaskaR+14.9
David PerdueRGeorgiaR+11.8
OPEN (Jon Kyl)^RArizonaR+9.3
Joni ErnstRIowaR+5.8
Thom TillisRNorth CarolinaR+5.1
Jeanne ShaheenDNew HampshireR+1.7
Mark WarnerDVirginiaD+0.1
Gary PetersDMichiganD+1.3
Cory GardnerRColoradoD+1.5
Tina Smith†DMinnesotaD+2.1
Susan CollinsRMaineD+4.9
Tom UdallDNew MexicoD+7.2
Jeff MerkleyDOregonD+8.7
Dick DurbinDIllinoisD+13.0
Cory BookerDNew JerseyD+13.3
Chris CoonsDDelawareD+13.6
Jack ReedDRhode IslandD+25.7
Ed MarkeyDMassachusettsD+29.4


and unlike 2018... it will be conjunction with a Presidentilal election and unlike this year.. a certain someone is going to likely be on the ballot.. the vast majority of those are goign to be safe. The interesting ones of course are the ones that aren't....


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Direct Link To This Post Posted: November 14 2018 at 11:41
let's start winnowing those down...   I can only see two of those in the over 10 point partisan lean being competive..

Doug Jones in Alabama who.. well...  might need another neo facist neanderthal opposing him to win a full term there.. however it is the Repubican Party we are talking about.. it is full of morons.. so the seat is in play.

and Perdue in Georgia..  my tea leaves tell me that Stacey Abrams is going to make a Senate run if the Governor's mansion is indeed stolen from her.. and due to the games and bullsh*t going on there.. I suspect she, the resulting anger and a changing demographic and poltical shifts in play nationwide, will put that otherwise thought to be safe seat in play.

so eliminating all the safe's and keeping those two in mind we do have a very favoriable map for the Democrats.




Edited by micky - November 14 2018 at 11:43
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Direct Link To This Post Posted: November 14 2018 at 11:57
so in the 5-10 point partisan lean category we have the following Senate races in play for 2020

Republican held Republican leaning
Arizona (open seat)
Iowa
North Carolina

Democratic held Democratic leaning
New Mexico
Oregon

One can scratch the Oregon contest and put that as safe..  it would take something drastic to put the NM seat in play so both of those can be considered generally safe.  

On the Republican side.. there is where 2020 is different from 2018. It will be the Republicans playing defense not offense.

 Regardless of the partisan lean. It is plainly obvious Arizona is toss up battleground state and moving blue.. not moving red.. and I suspect we will be seeing McSally against Kirkpatrick.. another moderate Democratic woman..an experienced and well known Arizonan who actually gave McCain a run for his money a couple of years ago.  Lean Democratic on that for for a potential pickup.

North Carolina. Again another state which is moving from traditional red to fierecely contested battleground.  A toss up here.. a lot will depend on who the candidate is.

Iowa.. as the recent midterm showed..  this state is still quite light blue.  Likely Ernst can hold the seat but not a given.  Lean Repubican to hold. .but a lot depends on teh Democratic Presidential candiate (looking at you Liz.. and potential coat tails down ticket and reestablishing tradtional Democratic appeal to white working class blue collar voters)
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Direct Link To This Post Posted: November 14 2018 at 12:04
Originally posted by IVNORD IVNORD wrote:

Originally posted by omphaloskepsis omphaloskepsis wrote:

Ivnord asked about the difference between commodities and stocks.  
That's quite a frivolous interpretation of my words. I haven't asked about the difference. I implied your total lack of knowledge on the subject. For future reference, if you ever decide to pose as a sophisticated investor on some other forum.... what you're referring to is commonly known as "futures contract," or simply futures in the parlance of traders.

Originally posted by omphaloskepsis omphaloskepsis wrote:

 I bought "oil puts". 
Never talk about something you don't know.
 

OMG! I'm laughing.LOL  Yeah,  I know what a futures contract is. LOL   So you want me to dive deep into stock trading.  Let's talk Elliott Wave theory, or Japanese Candlesticks, or Chart Patterns. Pick your poison Ivnord.  Anything, I got it down.  I've been trading and studying the Stock Market for over 20 years.  Didn't dead cat bounce clue you in Ivnord?  Triangles, head and shoulders, double and triple bottoms, 3 bullish soldiers, inverted hammer, shooting star, bullish tweezers, dark cloud cover, gravestone doji,  flats, flags and penates, puts and calls, cup and handle, scalping, strangles, straddles,  divergence, expanded flats or the ever elusive rare "running flat".   Like most technical chart trades, I use RSI, Slow Stochastics, OBV, MACD Histograms coupled with 13 day, 20 day, 50 day, and 200 day moving averages. 

  For example- XOM recently dropped below it's 200 day moving average, then in a corrective move up tested the 200 day before closing again below the 200 day moving average. Since the retest, if XOM stays below the 200 day for 5 trading sessions this is medium level bearish.  Day two is today.   I anticipate whip-saw action for at least a few weeks as XOM forms an extended flat or a bearish triangle.  In other words I expect XOM to move sideways between the $75 and $82 dollar level.   I feel the range so wide that a short strangle would be too expensive.   Instead I'll wait for the 20 day to cross below the 200 day coupled with the ADX line moving up and a retest to the bottom of my anticipated bearish flag or flat before I short XOM again for a 4 dollar scalp.   Why only 4 dollars?  Because there is a decade of strong support at 70 dollars.  I seriously doubt XOM plunges down through 70 dollars without experiencing a multi-month long extended sideways trip.     

 I've reread at least two times, "Reminiscences of a Stock Operator", Elliott Wave Theory,  4 different Japanese Candlestick books, countless other market technical text books.  I'm technical trader...Do you know what that is Ivnorn?   I use fib retracements of .618, .5, .38, 1.618 among others.  

So, I'm looking for a .38 fib retracement in the oil market to form a bear flag before the oil continues down in a corrective C wave.   Of course you know all about the characteristics of a C wave vs an A wave or B wave.  You know that a C wave is a five wave move composed of three impulse waves and two corrective waves.  You know what an impulse wave is, right?

Dude I know so much about the stock market that you could post any chart and I could label every move in Elliott Wave terms or Japanese Candlestick nomenclature, or standard chart pattern vernacular.   I can do it because I am an experienced technical swing trader. Over two decades.   But of course you know the difference between (fundamental traders and technical traders) or (day traders vs swing traders).   Of course you do, that's elementary.Wink




Edited by omphaloskepsis - November 14 2018 at 14:36
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Direct Link To This Post Posted: November 14 2018 at 12:09
Originally posted by omphaloskepsis omphaloskepsis wrote:

Originally posted by SteveG SteveG wrote:

Originally posted by Barbu Barbu wrote:



Please send all these heretic journalists in prison asap. My land will be a much safer place without those scumbags.


or just deny their first amendment rights by revoking their press passes.
 


Other White House reporters complained about Acosta hogging the microphone and rudeness.  Did you watch the video of Acosta refusing to give up the microphone, so that other reporters could ask questions?  The president gave Acosta several minutes of microphone time.  Then Acosta pushed away a female white house staffer, who was attempting to pass the microphone to another reporter, who wished to ask a question.     Acosta would not share the microphone with other reporters.

How is the White House denying first amendment rights?   Steve, have you read and understand the first amendment?    Acosta is free to report whatever he wants...and he did today.  In fact Acosta is all over the news spouting his complaints.  Nobody stops him.  Only Acosta's permanent press pass was revoked.  Acosta can attend WH press conferences on a temporary pass.   CNN can send any other reporter to the White House on a permanent pass.  In my opinion, the President isn't curbing anyone's 1st amendment rights.  How many journalist has Trump jailed? Answer-  zero.   How many journalists did Obama jail?

https://freedom.press/news/obama-used-espionage-act-put-record-number-reporters-sources-jail-and-trump-could-be-even-worse/
      

Thought question.  If a reporters are denied White House Press Passes....Is that a violation of their first amendment rights?    Should the White House give a permanent press pass to every reporter or journalist who requests one?    

CNN is suing the White House.   Considering my limited legal knowledge of the 1st amendment, I predict CNN will lose. Anyone want to jump in on that prediction?  Correct predictions are a solid sign of a person's ability to dissimulate facts and reality.Wink 
Does your silliness ever stop? if Acosta is prevented from asking questions of the president and challenging his actions and speech  then Acosta's 1st Amendment right has been violated. It's that simple.
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Direct Link To This Post Posted: November 14 2018 at 12:16
lastly in the 1-5 point partisan lean

Republian leaning. Democratic held
New Hampshire

Democratic leaning. Republican held
Colorado
Maine

Republican leaning. Republican held
none

Democratic leaning. Democratic held
Virginia
Michigan
Minnesota

scatch all 3 of the Dem leaning and held.  Warner is immensely popular here and again.. though the lean is small.. the state has become firmly blue and its Republiban party at the state level a disaster. Michigan and Minneesota are both similarrly solid blue and likely neither seat is in danger.

Shaheen seems fairly popular in NH and will probably benefit greatly from the increased turnout in a general election.  Wouldn't wager the home on her winning.. but I sure wouldn't take any bet on her losing.

which leaves Colorado.. and Maine.

Colorado might be another very tight contest similar to what I think we will see in Arizona and North Carolina. Though Colorado has definitely moved into the blue column for Presidential elections..  Gardner is generally well respected.  Complete toss up.. a liberal progressive who can mobilize young voters might be the difference in this one on top of the incrased turnout of a Presidential election and with such an unpopular President on the ballot to boot

then there is Maine..   as I posted before.. I don't think Collins is going to seek reelection.. she has long had her eyes on the Gov' mansion there and getting out of the Senate.  If she goes this seat is gone to the Repubicans.. even if she stays.. I think the Kavanaugh vote will seal her fate... which again is why I think she telegraphed her intention to not seek election by supporting him and ignoring many of her moderate female constituents who didn't want to see him elevated.

so to tidy up the Senate preview.

depending onf the Florida result and not serously taking into account a chance for an upset in MS election.  
Assuming the Repubicans have a 53-47 majority in the Senate.

Likely losses
Dems in AL
Repub in ME

Possible losses
Republicans in Iowa, Georgia
Democrats in New Hampshire

Tossups
Republicans Arizona, North Carolina, Colorado

on top of the Presidential election... the various Senate racres will be fascinating to watch. Unlike 2018  the Democrats have a very good path to retaking the Senate.  Can't wait for 2020... Thumbs Up


Edited by micky - November 14 2018 at 12:41
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