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10/05/2016 Live Update

fehro
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Re: 10/05/2016 Live Update

Post by fehro »

SPX .. some minor line adjustments.. struggling (horizontal resistance daily) / consolidating.. 2167.51 50d to the upside.. 2152.97 20d to the downside.. and the gaps.. :roll:
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uempel
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Re: 10/05/2016 Live Update

Post by uempel »

QED wrote:
uempel wrote:My ellipses on the daily suggest a good SPX move tomorrow Thursday.
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uempel, my best guess is down to at least retest /ES 2120 - 2100, and if those fail …

Q: What is your “BEST GUESS” regarding Thursday’s move? Thanks!
Honestly, I don't know. Too many clouds are obstructing my view. If the sun were shining I'd vote for the bulls ...
uempel
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Re: 10/05/2016 Live Update

Post by uempel »

Those who bought goog, aapl or amzn for fundamental reasons (and didn't care a damn about TA) made a killing these last few years. If I reflect: why the heck didn't I hang on to those equities after they had doubled or tripled? Heh? Too much TA can result in short-sightedness :roll:
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Cobra
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Re: 10/05/2016 Live Update

Post by Cobra »


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Cobra
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Re: 10/05/2016 Live Update

Post by Cobra »

breakout as expected. the question is if it's for real, we'll have to wait and see.
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QED
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Re: 10/05/2016 Live Update

Post by QED »

WTF???

“Yoko Ono: I Had an affair with Hillary Clinton in the ’70s”

http://worldnewsdailyreport.com/yoko-on ... n-the-70s/
fehro
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Re: 10/05/2016 Live Update

Post by fehro »

SPX weak grind up.
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Al_Dente
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Re: 10/05/2016 Live Update

Post by Al_Dente »

SMALLS
Bears are Dicks. Period.
Can’t breakdown, so they have to cover and squeeze the smalls up to the top of the range and test that again…
“Knock three times” formation. Key resistance: time for breakout or breakdown.
Overbought already, plus the quiet period begins this week = no buybacks
15 min
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Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
fehro
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Re: 10/05/2016 Live Update

Post by fehro »

NDX/COMPQ strongest.. near ATH
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Al_Dente
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Re: 10/05/2016 Live Update

Post by Al_Dente »

Banks strong today
Popped up to DOUBLE TOP
Daily
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Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Al_Dente
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Re: 10/05/2016 Live Update

Post by Al_Dente »

Bond guru Jeffrey Gundlach:
"In the investment world when you hear 'never','' (as in rates are 'never going up'), "it's probably about to happen"
"You cannot save your faltering economy by killing the financial system…[DB] That is, in effect, what low rates do.”
Now is the time to pivot to fiscal stimulus
http://www.businessinsider.com/jeff-gun ... us-2016-10
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Cobra
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Re: 10/05/2016 Live Update

Post by Cobra »

the 3rd attempt to breakout, hopefully it's for real this time.
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Cobra
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Re: 10/05/2016 Live Update

Post by Cobra »

breakout more likely.
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fehro
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Re: 10/05/2016 Live Update

Post by fehro »

SPX sideways… :roll: .. ever since the introduction of bi-weekly "Wed" options on the indexes..
we have crappy movement.. gap.. then sideway :roll: .. or it's a holding pattern.. till the election… painful.
resume watching paint dry.. :roll: .. rant finished. :lol:
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Al_Dente
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Re: 10/05/2016 Live Update

Post by Al_Dente »

Apple is named the biggest corporate tax avoider in the US after booking $218 BILLION of profit offshore last year… Tech giant was able to save $65.08 billion that it should have paid in tax
Second was pharmaceutical giant Pfizer with 181 offshore subsidiaries
Goldman Sachs had £21.9 billion in foreign companies. The investment bank had 987 offshore subsidiaries in offshore tax havens, 537 of which are in Cayman Islands despite not operating a single legitimate office in that country.
http://www.dailymail.co.uk/news/article ... er-US.html
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Cobra
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Re: 10/05/2016 Live Update

Post by Cobra »

still breakout is more likely.
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fehro
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Re: 10/05/2016 Live Update

Post by fehro »

SPX nears open gap, possible trend 60m.. horizontal resistance daily.. and 2167.54 50d SMA
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Out of Bounds
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Re: 10/05/2016 Live Update

Post by Out of Bounds »

3 charts.
Notice wedge in chart 1
Snog is slightly bearish
R1 rejected bull
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Cobra
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Re: 10/05/2016 Live Update

Post by Cobra »

breakout indeed but it's a perfect head fake.
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Trades with cats
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Re: 10/05/2016 Live Update

Post by Trades with cats »

It is that time of day again. Will it ramp down or up today?
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