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11/16/2016 Live Update

Trades with cats
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Re: 11/16/2016 Live Update

Post by Trades with cats »

10 AM Eastern is the Chair's speech tomorrow. So they are mdeciding right now which phrases will trigger the bots once the press embargo is lifted.
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Al_Dente
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Re: 11/16/2016 Live Update

Post by Al_Dente »

NY declining stocks = 1.2 x advancing stocks
NY declining volume = 2.4 x advancing volume
Chop day all day. The only thing chop days are good for is quick ins and outs as they reverse reverse reverse.
AD bears aren’t serious yet (1-to-1 chop), ALTHOUGH THE BEAR VOLUME IS HEALTHY (2-to-1)
I have an H&S on IWM, but lately the inverse H&S patterns have been the winners, we’ll see
128 zone on IWM will change my tune
1116one.png.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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JFR
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Re: 11/16/2016 Live Update

Post by JFR »

Overnight gap down. Range bound.
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Cobra
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Re: 11/16/2016 Live Update

Post by Cobra »

double bottom possible.
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BullBear52x
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Re: 11/16/2016 Live Update

Post by BullBear52x »

lots of reversal signs and rejection on the upside now. relief rally pull back could start soon, tomorrow will be better day to position over night move tho.
My comments are for entertainment/educational purpose only. NOT a trade advice.
Trades with cats
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Re: 11/16/2016 Live Update

Post by Trades with cats »

Captains Log -Day four of our captivity inside the range. Overnight a breeze filled out sails, but then mysteriously vanished. Our only hope is Grandma doing something tomorrow to raise the spirits of the Algo's if we can just hold on till then. Crew ready to mutiny, talk of going to bankrupt dry bulkers even some desperate talk of buying into container ships.:lol:
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Al_Dente
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Re: 11/16/2016 Live Update

Post by Al_Dente »

BofA surveyed their Global Fund Managers [177 pros managing just under half a trillion dollars were querried]
What will drive equity prices in the next 6 months?
1) YIELDS
2) DOLLAR

82% of fund managers - highest since 2013 - are certain rates are going higher.The number of investors expecting yield curve steepening surges by record amount…

85% of fund managers expect higher inflation in the future, the highest expectation in 12 years.

US election result seen as unambiguously positive for nominal GDP.
Consensus - roughly a mirror image of what it was just last Monday - is for soaring inflation, rising US Dollar and risk assets, yet another "great rotation" out of bonds and into stocks, and perhaps an economic revival.
[Contrarians take note of any consensus]

The money is no longer on the sidelines: cash levels slumped from 5.8% to 5.0% in Nov, the largest monthly drop since August 2009.

[BofA Merrill via zh]
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: 11/16/2016 Live Update

Post by Al_Dente »

HAPPY HOUR
Image
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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BullBear52x
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Re: 11/16/2016 Live Update

Post by BullBear52x »

Chart for the road: short term momentum receded. not as bullish as yesterday. Peace!
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superxy
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Re: 11/16/2016 Live Update

Post by superxy »

Al_Dente wrote:BofA surveyed their Global Fund Managers [177 pros managing just under half a trillion dollars were querried]
What will drive equity prices in the next 6 months?
1) YIELDS
2) DOLLAR

82% of fund managers - highest since 2013 - are certain rates are going higher.The number of investors expecting yield curve steepening surges by record amount…

85% of fund managers expect higher inflation in the future, the highest expectation in 12 years.

US election result seen as unambiguously positive for nominal GDP.
Consensus - roughly a mirror image of what it was just last Monday - is for soaring inflation, rising US Dollar and risk assets, yet another "great rotation" out of bonds and into stocks, and perhaps an economic revival.
[Contrarians take note of any consensus]

The money is no longer on the sidelines: cash levels slumped from 5.8% to 5.0% in Nov, the largest monthly drop since August 2009.

[BofA Merrill via zh]
So funds are all in markets and buying high?



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K447
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Re: 11/16/2016 Live Update

Post by K447 »

AAPL nHOD
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JFR
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Re: 11/16/2016 Live Update

Post by JFR »

Moving up to the top of the range. Yee haw ...
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JFR
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Re: 11/16/2016 Live Update

Post by JFR »

Al_Dente wrote:HAPPY HOUR
Image
Thanks for the chuckle, AD. That is awesome. LOL

The ginger cat is getting p***ed off. The white cat is laughing, and getting in some head shots. All the ginger can hit is the dayum paw.
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Cobra
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Re: 11/16/2016 Live Update

Post by Cobra »


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Cobra
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Re: 11/16/2016 Live Update

Post by Cobra »

well, guess that's it for today. Thursday tomorrow has been a little bit bear friendly recently. thank you guys, I'll see you tomorrow.

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Out of Bounds
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Re: 11/16/2016 Live Update

Post by Out of Bounds »

Again, the volume should be watched
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