Bitcoin approach $5000 again. Markets at all time highs. Done with travels and market musing again.

I have been to East Coast (New Jersey and New York City) and Seattle Washington over the last month. Too much driving but Tailgated at Giants Stadium, Visited the Original Star Bucks on Seattle's Warf, Watched Old Faithful Gesyer in Yellowstone Park, and Took Pictures of Mount Rushmore. My highlight was hugging all 5 daughters in a month, as they spread their wings across America. Good to be home and musing again.

Topics:

1. E-currencies vs US Dollar: Bitcoin, Ethereum, Steem, Litecoin. Bitcoin approaching $5000/Coin again. Draghi and ECB admit having limited power to regulate Bitcoin and other cryptos. Jamie Dimon at Chase, Morgan Stanley, Russia and China are figuring that out too.
   https://www.coinbase.com/charts?locale=en-US
   https://www.worldcoinindex.com/coin/steem
   https://www.coindesk.com/mario-draghi-european-central-bank-has-no-power-to-regulate-bitcoin/
   https://www.voanews.com/a/imf-chief-tells-central-bankers-to-not-dismiss-bitcoin/4049971.html

2. Volatility Remains Low: VIX <11, Market hit all time hits in Dow, SPX, RUT and QQQ. This could be the Tax Reform Buy the Rumor rally. How high can it go?

3. Cherry Picks Newsletter:
   The Tastytrade Research guys are at it again with excellent ideas. Every Tuesday, these Quants post their ideas for the week. Check them out on Tastytrade.com or perhaps signup for their newsletter. If this blog sounds like gibberish, watch "Where do I start 101" free education series on Tastytrade.
   https://s3.amazonaws.com/cherry-picks-s3-bucket-newsletter/live/17_10_10_tastytrade_Research.pdf?mc_cid=42e91baf73&mc_eid=e9e24bad07

4. Trump Trades -
   Trump signs executive order allow Cross State Border Medical Insurance selling. This could be hugh in terms of cost containment.
   Trump Care Passes House, Senate Failed… Long Insurance, Short Hospitals and Pharma
   Syria Cruise Missiles and ISIS MOAB - Long TKN and GD
   Daily Tweets - Twitter Covered Calls and/or Wheel of Fortune
   Media Attacks - Long NY Times, CNN, MSNBC, SNL….
   Budget Framework - Long Defense,
   Private Prisons Increase - Long CXW, GEO
   Tax Reform - Lower Business Taxes, Eliminate AMT, Tax Amnesty for Overseas Profits
   Repeal Fiduciary Rules & Dodd Frank - Long Banks
   Regulation Freeze - 1) For each new regulation, two must be eliminated. 2) Costs impact must be neutral..
   Federal Hiring Freeze ( hire 1 if replaces 3 or 4 folks)..
   Stopping Trade agreements - Short farmers, Nafta renegotiation
   Real Estate - Long BX

5. TRADE Log: VIX < 11 Low Volatility Trades

1. Long GOLD, TLT, BITCOIN..
2. VIX, UVXY and SVXY Volatility Plays
3. Calendars and Diagonals RUT, SPX, Fang stocks

Video: Doc Severson - Theotrade: Q3 Bank Earnings Start This Week - News Already Baked In?