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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Dr. Voodoo who wrote (153916)	3/4/2020 12:23:55 PM
From: TobagoJack	Respond to of 217737

Re << side effect for more than 2% but less than 20% is death>> OTOH, death would be a permanent cure of the virus along with many if not most other ailments and obviate need for financial planning, etc Sorry, needed that lighter moment

To: Dr. Voodoo who wrote (153916)	3/4/2020 1:12:56 PM
From: TobagoJack	Respond to of 217737

Re << as been having too much fun sniping at TSLA >> I fear the game is addictive, as in “i cannot stop myself”, and, to quote Brittany, “oops, I did it again”, should TSLA continue to be a religion. We are blessed. And yes, I did it again, Mar 20th and 27th, strike 800 naked calls, shorted. Maybe I will get to trade out this night, or I endure the suspense and LTSW (long term sell & wait) a 2-3 weeks, an eternity

To: Dr. Voodoo who wrote (153916)	3/4/2020 8:57:27 PM
From: TobagoJack	Respond to of 217737

When / if we should go toe-to-toe / hand-to-hand / house-to-house / street-by-street combat w/r to Tesla? Can position to start by shorting at-the-money calls or more aggressively short the shares Am not going to buy puts; that would be advanced insanity

To: Dr. Voodoo who wrote (153916)

3/6/2020 7:06:41 AM

From: TobagoJack

1 Recommendation

Recommended By
Dr. Voodoo

Respond to of 217737

was waiting for below conclusion from someone more worthy than I, and saw it first thing after a drooling kind of nap

something about the ambiance here makes my wonderings wander

I got inspired, rummaged through the refrigerator and freezer, found vanilla ice cream and grape soda, and taught the jack another lesson

the jack thought the result excellent.

w/ more experience I knew the result was epic.

Often wondered about what I can do to make a living given that I have no particular skills to note - cannot play the piano, clean the house, climb pole, trim tree, wash car, etc etc

happy t know that the only tool I need is an iPad and can make the world go go go

back to gaming

assuming that we are correct, that volatility is a friend, then a lot of incoming friendlies towards us

help is on the way, such that what low yields took away high volatility shall reimburse

if so, then premium on options could blow out, making our task easier, safer, and more rewarding

https://www.bloomberg.com/news/articles/2020-03-06/it-s-time-to-really-worry-says-manager-who-beat-98-of-peers?srnd=premium-asia

It’s Time to Really Fret, Says Manager Who Beat 98% of Peers

Anooja Debnath6 March 2020, 07:00 GMT+2

Markets aren’t prepared for how severe the fallout of the global spread of coronavirus could get and the turmoil has only just started, according to the manager of a peer-beating fund.

The stark warning comes from Allianz Global Investors’ portfolio manager Mike Riddell, who oversees $4.7 billion for the company. “The speed of the market repricing has obviously been dramatic, however markets have only gone from pricing in no risk of anything to a moderate risk,” Riddell said in a phone interview. “Where we think markets can still move is in volatility.”

Riddell’s Strategic Bond Fund, which he manages with Kacper Brzezniak, outperformed 98% of its peers in the past month, when markets grappled with record-low bond yields, a plunge in stock markets, spiking currency market volatility and surprise rate cuts from central banks, including an emergency cut by the U.S. Federal Reserve. U.S. bonds rallied on Friday with the 30-year and 10-year yield sliding to a fresh record lows.

The London-based Allianz manager has been bracing for a wobble in markets for a few months now and thinks the recent repricing is still too mild. He is using options to bet on more currency swings and also has positioned for short-term U.S. yields to lead declines as he sees a significant chance the Fed could slash interest rates close to zero.

“If global data really tanks in the coming weeks and months, investors will realize that central banks can’t cure coronaviruses and markets such as currencies and corporate bonds are still ripe for a correction,” Riddell said.

Global Easing in 2020
Central banks across the world have cut interest rates this year
Source: Bloomberg
Note: Map shows rate decisions since the start of the year

The virus has spread from China to dozens of countries, with cases nearing 100,000 and the death toll exceeding 3,300. Governments in Asia and Europe have pledged over $50 billion in budget measures, and the U.S. House of Representatives approved a $7.8 billion emergency spending bill.

Fears of the infection and imposed quarantines have severely hit economic sentiment and activity. The Paris-based OECD slashed its global outlook by 0.5% and warned the virus was pushing the world economy closer to a contraction.

Read more:

Sovereign Bond Yield Collapse Shows the World Is in Crisis Mode Gundlach Says Fed Likely to Again Cut Rates 50 Basis Points (1) Wall Street’s Pros Fess Up: ‘We Don’t Know What’s Going On’ (1)

Central bankers are looking to dig deeper into their policy toolkit as they attempt to cushion any economic blow. Investors have been more aggressive with their expectations for monetary stimulus after the Fed’s surprise 50 basis-point cut on March 3. Federal Reserve Bank of Dallas President Robert Kaplan said the pace of acceleration in virus across the U.S. will be key to another rate cut later this month.

One-year implied volatility in euro-dollar, which climbed at the end of February to the highest since mid-2019, retreated earlier this week. However, the measure surged higher Friday to levels above the average for the past year of around 6%. Riddell said positioning for increased currency swings via options was incredibly cheap in January.

While he has trimmed some of these bets, with his view that the euro-zone economy is already in a recession, he expects currency volatility to be “twice as high” if the situation worsens. Despite U.S. and U.K. bond yields near record lows, Riddell doesn’t see this as a floor and has a “large” position in U.S. curve steepeners via swaps and futures.

“Even if we aren’t hysterical about the health impact of the virus, it doesn’t mean the market and economic impact is going to be muted,” he said.

“It is the quarantining and essentially the shutting down of large parts of the global economy which is causing substantial economic and financial market damage,” Riddell said. “My base case is things get substantially worse from now.”

(Adds Friday market moves, Fed policy maker comments in paragraph 8.)

To: Dr. Voodoo who wrote (153916)	3/6/2020 7:27:02 AM
From: TobagoJack	Read Replies (2) \| Respond to of 217737

pre-market down mere 500 points worth of Dow red is the new green maybe 5,000 points more to give back. wonder when the Fiscal cavalry riding in, and Monetary air-cavalry helicoptering over in the meantime project ballyhoo tells of wonderful extended range product (presumably by packing more flammable batteries) in 'use market that is china, never mind the market maybe comatose or at least stuck in neutral good for maybe 50$ up but pre-market indicates down 38$ let us wait and see it would be a shame if Tesla faithfuls give up so unceremoniously for we need Tesla to be up message from Jack's grandpa, circa 1961-63 finance.yahoo.com Tesla wins approval to sell longer-range China-made Model 3 vehicles BEIJING (Reuters) - Tesla Inc has secured Chinese government approval to sell longer-range China-made model 3 vehicles in China, the Ministry of Industry and Information Technology said on Friday. The vehicles will have a driving range of more than 600 kilometers before they need to be recharged, the ministry said in a statement, while the current China-made Model 3 has a standard driving range of more than 400 kilometers. Tesla started delivering cars in December from its $2 billion factory in Shanghai. (Reporting by Yilei Sun and Brenda Goh; Editing by Susan Fenton)