08/27/2015 Live Update

[Al_Dente]

Jackson Hole begins. Not attended by Janet. Focus on Fed vice chair Stanley Fischer's speech on Saturday. Investors will be looking for clues to if and when the Fed will raise rates. Also of note will be any comments related to the slowdown in China and its impact on the global economy.

[fehro]

Miyagi, no P-bar in the 200 area ...

Those aren't enough for you?

No, I'm quite sure there will be move back down from the 200 area - a move back down before this rally picks up more steam

SPX 1965 close tomorrow = big long wicked doji ... close 1975ish = hammer what the bulls want. .. so to keep everyone in suspense.. 1965 by tomorrow close? .. pure speculation fwiw.

[DellGriffith]

Beware the wall of worry.

[Al_Dente]

VIX futures are still in backwardation
This means one of two things:
1) It will take a couple/few days to get back to “normal” contango, or
2) We’re faulked

[fehro]

meanwhile.. TLT holding .. 20w/50w sma and creeping green for the day

[uempel]

SPX reversed slightly when it hit EMA 377 resistance. I closed half of long position.

[uempel]

Jackson Hole begins. Not attended by Janet. Focus on Fed vice chair Stanley Fischer's speech on Saturday. Investors will be looking for clues to if and when the Fed will raise rates. Also of note will be any comments related to the slowdown in China and its impact on the global economy.

Is Cobra in Wyoming? When does he speak

[uempel]

Guys, it looks as though SPX turned at EMA 377. I'm out of all longs.

[fehro]

Jackson Hole begins. Not attended by Janet. Focus on Fed vice chair Stanley Fischer's speech on Saturday. Investors will be looking for clues to if and when the Fed will raise rates. Also of note will be any comments related to the slowdown in China and its impact on the global economy.

Is Cobra in Wyoming? When does he speak

http://www.investing.com/economic-calendar/

[Cobra]

1st touch of ema20 after 2+ hours usually would be bought.

[Daniel]

Tiny cautionary note-- IBB is below the Open (red since open)

IBB opened at 348.43; at any time price was below that, it was "below the Open". This is not higher calculus.

[MrMiyagi]

IBB opened at 348.43; at any time price was below that, it was "below the Open". This is not higher calculus.

OK I get now what you mean

[Al_Dente]

Jackson Hole begins. Not attended by Janet. Focus on Fed vice chair Stanley Fischer's speech on Saturday. Investors will be looking for clues to if and when the Fed will raise rates. Also of note will be any comments related to the slowdown in China and its impact on the global economy.

Is Cobra in Wyoming? When does he speak

U know darn well that Cobra is sipping champagne up in Canada
Me? I’m obsessed with my island:
https://www.youtube.com/watch?v=JKlSVNxLB-A

[marcueus]

Next Wedge - this time bearish one - yesterdays wedge perfectly completed Todays wedge points to arround 1918

[silicon_beaver]

This time rally from 1831, a little weird.
ES/SPX up (+20s - +60s) pts, XIV red or up very slow.
Looking back, 1st day at ES 1950, XIV was 34s. Now already 1985, but XIV 28.89, i.e. ES +35 pts up <--> XIV -$5. Watching this abnormal. today ES up 50 pts, XIV 5c.

[uempel]

Al, thanks for the music. I remember the S&G concert in Central Park vividly - because I did not go. My brother had organized some event and I had to attend. My girlfriend didn't comply and went to the concert with her brother-in-law... I missed that concert. But I remember a Rolling Stones concert when the 5 guys were really young (and so was I )

[fehro]

yeah I know crazy talk.. stacked several H&S SPX 1m.. but a pattern I like

[Daniel]

SPY testing 15min 200ema (198.50), this time from above.

[Cobra]

double top? not good.

[fehro]

Ding ding 20d tag .. sold last USO C portion out.. + 300%