Sunday, September 6, 2020

SunStar Cebu Newsletter for September 7, 2020

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PANDEMIC VICTIM. Before the novel coronavirus pandemic, thousands of Marian devotees would join the annual foot procession to celebrate the birth anniversary of the Blessed Virgin Mary. This year, organizers have opted to hold a motorcade to avoid mass gatherings. (File photo) Visita Maria Motorcade to be held to celebrate Virgin Mary's birthday
September 6, 2020
INSTEAD of the annual foot procession known as Walk with Mary, a Visita Maria Motorcade will be held for this year's celebration of the birth anniversary of the Blessed...
SunStar File 115 more buses, modern PUJs to be deployed
A TOTAL of 75 additional buses and modern public utility jeepneys (MPUJs) will be deployed on Monday, September 7, 2020, to augment the existing number of public utility vehicles (PUVs) allowed to operate in Cebu, which is currently under...
SunStar File Refusing to get swabbed may land 2 persons in jail
TWO fire volunteers who had contact with a deceased 60-year-old man from Barangay Cogon Pardo, Cebu City may be arrested for refusing to get swabbed.City Councilor Joel Garganera, deputy chief implementer of the Emergency Operations Center...
BATTLECRY. The photo shows the famous sardine run in Moalboal, south of Cebu. The Cebu Alliance of Tour Operations Specialists says the battle cry of the sector is to save Philippine tourism. (SunStar file) Catos seeks recovery package to save jobs, tourism industry
By Johanna O. Bajenting
THE Cebu Alliance of Tour Operations Specialists (Catos) has called for an immediate tourism-specific recovery package to help the industry bounce back after almost five months of strict lockdown because of the Covid-19 pandemic.Alice...
TERMINAL: Bus Rapid Transit (BRT) project perspective ug sugyot nga plano nga ubos sa pag-review ka­ron sa Department of Transportation (DOTr). (Tampo, SunStar File photo) BRT project nalangay tungod sa pag-review sa DOTr sa desenyo
ANG Department of Transportation (DOTr) kay kasamtangan nga nagpahigayon sa pag-review sa detailed engineering design sa Bus Rapid Transit (BRT).Kon makompleto na ang pag-review, ang DOTr mosugod na sa proseso sa procurement ug bidding.Ang...
OPINION MORE OPINION
LINKAGES NEEDED. Connect with local schools and assist students and teachers to optimize and sustain learning despite the challenges created by the pandemic and the recession. (File photo) Editorial: Connecting learners
NO SECTOR now more direly needs community than education.Jaclupan National High School (JNHS) in the...
Nalzaro: Adios my friends Nelson and Marlon
"Death is not extinguishing the light. It is only putting out the lamp because the dawn has...
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ABOUT SUNSTAR
SunStar empowers Philippine communities by providing news and information from the provinces to a national and global audience. It has newspapers in key cities in the country, including Cebu, Bacolod, Cagayan de Oro, Davao, Baguio, and Pampanga. Its website, at www.sunstar.com.ph, also carries information from Manila, Tacloban, Pangasinan, Zamboanga, Iloilo, and Dumaguete.

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© 2019 SunStar Publishing Inc., P. Del Rosario St., Cebu City, Philippines






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SunStar Publishing Inc · SunStar Bldg., Cebu · Cebu 6000 · Philippines

Instead of college, try this (way cheaper)

If the guys in college knew anything about business or finance…

[Daily article] September 7: Flora of Madagascar

The flora of Madagascar consists of more than 12,000 species of vascular
and non-vascular plants. Around 83 per cent of Madagascar's vascular
plants are found only on the island. These include five entirely endemic
plant families as well as most of the over 900 orchid species, the
traveller's tree, the Madagascar periwinkle, six species of baobab
(pictured) and around 200 species of palms. The high degree of endemism
is due to Madagascar's long isolation following its separation from the
African and Indian landmasses in the Mesozoic Era. Today, humid forests,
including the lowland forests, are found on the eastern plateau. Much of
the central highlands is grassland. In the west are dry forest and
succulent woodland. Unique spiny thickets are in the southwest, and
mangroves occur on the west coast. While 10 per cent of the land
surface is protected, much of the native flora is threatened, especially
through dramatic deforestation.

Read more: <https://en.wikipedia.org/wiki/Flora_of_Madagascar>

_______________________________
Today's selected anniversaries:

1812:

Napoleonic Wars: The French Grande Armée and the Imperial
Russian Army fought near the village of Borodino during the French
invasion of Russia.
<https://en.wikipedia.org/wiki/Battle_of_Borodino>

1940:

Second World War: The Luftwaffe changed their strategy in the
Battle of Britain and began bombing London and other cities and towns
for more than 50 consecutive nights.
<https://en.wikipedia.org/wiki/The_Blitz>

1986:

Desmond Tutu became the first black leader of the Anglican
Church of Southern Africa.
<https://en.wikipedia.org/wiki/Desmond_Tutu>

2010:

A Chinese fishing trawler operating in disputed waters collided
with Japan Coast Guard patrol boats near the Senkaku Islands, sparking a
major diplomatic dispute between the two countries.
<https://en.wikipedia.org/wiki/2010_Senkaku_boat_collision_incident>

_____________________________
Wiktionary's word of the day:

spit:
1. A thin metal or wooden rod on which meat is skewered for cooking,
often over a fire.
2. A generally low, narrow, pointed, usually sandy peninsula. […]
3. (uncountable) Saliva, especially when expectorated.
4. (countable) An instance of spitting; specifically, a light fall of
rain or snow. […]
5. The depth to which the blade of a spade goes into the soil when it is
used for digging; a layer of soil of the depth of a spade's blade.
6. The amount of soil that a spade holds; a spadeful.
<https://en.wiktionary.org/wiki/spit>

___________________________
Wikiquote quote of the day:

  Donald Trump's hold on history loosened, and may be breaking.
In some new way his limitations are being seen and acknowledged, and at
a moment when people are worried about the continuance of their country
and their own ability to continue within it. He hasn't been equal to
the multiple crises. Good news or bad, he rarely makes any situation
better. And everyone kind of knows.  
--Peggy Noonan
<https://en.wikiquote.org/wiki/Peggy_Noonan>

_______________________________________________
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Questions or comments? Contact dal-feedback@wikimedia.org

How I 10x'd My Account Shorting Tesla

While everyone was bullish, I was a big fat bear...and I got paid... ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Become a Better Trader

Ever wonder what it would feel like to have REAL conviction on a trade and what the payout would look like?
Well, it looks something like this...

 

I just made over 1,000% on my options account shorting Tesla stock. Yes, 1,000%.
This is just one of my "side" accounts. Combined PnL on the Tesla short was over $600,000. 
While everyone was bullish (which I'm sorry but it is just utterly ridiculous to be a bull on Tesla when the market cap pushed over $400b), I was piling in short. It was only a matter of time until all the pre split buyers and post split buyers were all done buying it up and funds would start to dump it at those astronomical prices. It was a no brainer short and my highest conviction trade in a long time...
Clearly you can see it paid off.

On top of that, we shorted the market the day before it fell, right at the highs. 

As you can see, while everyone else thought the market was going keep going up forever, I bought 150 SPY puts right there at the close on September 2nd (the puts go up as the market goes down)
The next day these things were up over 1,000%. Now while I didn't get another 10 bagger like I did on TSLA, I did make a cool 30, 50, and +115% that morning. 
By the way, this was my first time shorting the market since the Covid crash. I've been patiently waiting all this time.
No I did not get "lucky"
This was preparation met with opportunity at the right time. 
The result was a super nova in my account. I could buy a home all cash and retire comfortably if I wanted to from just these two trades. 
If you're on the fence about joining, I really don't see why you would be. 
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This is only for those who are serious. If you're just here to dabble around, this is not for you. 
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If trading stocks and options is something you've been interested in, this is your chance to get in and actually make a positive change for yourself. 

Trade Smart, Trade Safe, Stay Green

Head Trader at TrueTrader.net

Neither Dan Parker nor TrueTrader.net, LLC is registered as an investment adviser nor a broker/dealer with either the U. S. Securities & Exchange Commission or any state securities regulatory authority. Users of this website are advised that all information presented on this website is solely for informational purposes, is not intended to be used as a personalized investment recommendation, and is not attuned to any specific portfolio or to any user's particular investment needs or objectives. The owners, employees and writers of TrueTrader.net may engage in securities trading that is discussed or viewed on this website, but all such individuals are buying and selling such securities for their own account. These individuals do not engage in any trades with customers. The buying and selling of securities by these individuals is not part of a regular business of buying and selling securities. Past performance is NOT indicative of future results. Furthermore, such information is not to be construed as an offer to sell or the solicitation of an offer to buy, nor is it to be construed as a recommendation to buy, hold or sell (short or otherwise) any security. All users of this website must determine for themselves what specific investments to make or not make and are urged to consult with their own independent financial advisors with respect to any investment decision. The reader bears responsibility for his/her own investment research and decisions, should seek the advice of a qualified securities professional before making any investment, and investigate and fully understand any and all risks before investing. All opinions, analyses and information included on this website are based on sources believed to be reliable and written in good faith, but should be independently verified, and no representation or warranty of any kind, express or implied, is made, including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. In addition, we undertake no responsibility to notify such opinions, analyses or information or to keep such opinions, analyses or information current. Also be aware that owners, employees and writers of and for TrueTrader.net, LLC may have long or short positions in securities that may be discussed on this website or newsletter, but all such positions are held for such representative's own account. Past results are not indicative of future profits. Any table is accurate, though not every trade may be represented. Profits and losses reported are actual figures from the portfolios Dan Parker manages.


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30 N Gould St, STE 3064, Sheridan WY 82801

Asia-Pacific Wrap


ForexLive Asia FX news wrap: Swings for GBP in the early hours

Forex news for Asia trading Monday 7 September 2020 GBP was a mover in the very early hours of Monday morning in Asia, summary of posts here (read from the bottom up for the chronological order):... Read full article


China property developer Evergrande expects to sell all its projects by October 8 (but there is a but)

China's new home sales are growing at a quick pace, sales by the biggest developers grew at a faster pace in August, rose 30.7% y/y Evergrande announced overt the weekend that all of its property projects will be sold in the September - October 8 marketing campaign during the traditionally busy season.... Read full article


Goldman Sachs on coronavirus, herd immunity and expected vaccine approval

A note from Goldman Sachs in Australia today Implications for the economy: On the earlier news of local manufacturing of a vaccine () Australia has manufacturing agreements for COVID-19 vaccines signed... Read full article


A court in China has ruled to put a cap on consumer loan interest rates

Reports filtering out. Details yet to come. If true its a positive for consumer spending recovery at the margin.... Read full article


Australia data - ANZ Job Ads for Auguist : +1.6% (prior +19.1%)

A revision for the prior, was +16.7%, revised to +19.1%... Read full article

Read The Full Feed

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FX option expiries for Monday the 7th of September at the 10am NY cut

EUR/USD

  •  1.1800 950m EUR amount
  •  1.1810 754m
 USD/JPY
  •  106.05 410m USD amount
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