Page 4 of 5

Re: 01/06/2017 Live Update

Posted: Fri Jan 06, 2017 3:15 pm
by daytradingES
CL still below its double top

Re: 01/06/2017 Live Update

Posted: Fri Jan 06, 2017 3:16 pm
by fehro
SPX NDX nATH .. indu.. still not there 20000 :roll:

Re: 01/06/2017 Live Update

Posted: Fri Jan 06, 2017 3:22 pm
by daytradingES
ZH:
"US oil rig counts have now risen for 30 of th elast 32 weeks (up 4 to 529 today) - the highest in a year...

Following lagged oil prices and leading US crude production higher...



While the market continues to ignore this data (for now), we note that if the codependence remains, then OPEC will need to slash output further to balance the market as US shale output is not dropping any time soon."

Re: 01/06/2017 Live Update

Posted: Fri Jan 06, 2017 3:28 pm
by BullBear52x
bull trap eh?

Re: 01/06/2017 Live Update

Posted: Fri Jan 06, 2017 3:30 pm
by BullBear52x
I will chase down under here.

Re: 01/06/2017 Live Update

Posted: Fri Jan 06, 2017 3:34 pm
by Al_Dente
EARLIER:
NYAD: 347 NET stocks are up on the NYSE

NOW: NYAD +36
real shit.png.png
real shit.png.png (193.54 KiB) Viewed 3606 times

Re: 01/06/2017 Live Update

Posted: Fri Jan 06, 2017 3:38 pm
by Trades with cats
Running on vapors. Time for plan B Hold it up into the close then gap up Sunday night.

Re: 01/06/2017 Live Update

Posted: Fri Jan 06, 2017 3:50 pm
by BullBear52x
All aboard ! southbound train is about to take off.

Re: 01/06/2017 Live Update

Posted: Fri Jan 06, 2017 4:00 pm
by Al_Dente
HAPPY HOUR
Image

Re: 01/06/2017 Live Update

Posted: Fri Jan 06, 2017 4:06 pm
by BullBear52x
MM knows how to irritating the mass. I am done it's Friday.

Re: 01/06/2017 Live Update

Posted: Fri Jan 06, 2017 4:10 pm
by BullBear52x
Chart for the road: nothing bearish here on a bigger picture, a breaking out process is in progress. bears be ware. Peace!

Re: 01/06/2017 Live Update

Posted: Fri Jan 06, 2017 4:13 pm
by Cobra
Al_Dente wrote:HAPPY HOUR
Image

Re: 01/06/2017 Live Update

Posted: Fri Jan 06, 2017 4:14 pm
by Trades with cats
Friday Bonus. S&P EBITDA to price ties 2000 dot com bubble level. And I thought we were gonna have to read about the last bubble this weekend but no, we are beyond that so only dot.com and 1929 for comparos.

Re: 01/06/2017 Live Update

Posted: Fri Jan 06, 2017 4:16 pm
by Trades with cats
Hockey stick at 3:30 or plan B Sunday night hockey stick?

Re: 01/06/2017 Live Update

Posted: Fri Jan 06, 2017 4:18 pm
by Trades with cats
Small Caps twitching a little. VWAP should be down to yesterday's close by 4:00, but them do retail investors even know what a Russell index is?

Re: 01/06/2017 Live Update

Posted: Fri Jan 06, 2017 4:24 pm
by Trades with cats
Saw interview with 28 year old hedge fund manager who only hires ivy league history majors. He was history major started at Bridgewater and has gone on from there. So he has never seen a market where central banks aren't actively managing stock prices. Not the first time I have seen comments along those lines, I do think it is food for thought.

Re: 01/06/2017 Live Update

Posted: Fri Jan 06, 2017 4:31 pm
by Al_Dente
One year, percentages
TRAN (brown) led this rally leg up in November, and it’s now leading down
It takes a while for traders to synch with TRAN, as it’s so fickle and can’t be trusted as a leading indicator
16one yr.png.png

Re: 01/06/2017 Live Update

Posted: Fri Jan 06, 2017 4:37 pm
by Shaishen
Trades with cats wrote:Saw interview with 28 year old hedge fund manager who only hires ivy league history majors. He was history major started at Bridgewater and has gone on from there. So he has never seen a market where central banks aren't actively managing stock prices. Not the first time I have seen comments along those lines, I do think it is food for thought.
I read that, he says "Students of history and literature are more trained to understand the existence of multiple perspectives and to engage with them, and so can often more accurately understand the human dynamics that drive stock market flows"

maybe because he has never experienced a free supply demand market gives him an advantage as he does not expect anything else. Then of course he likes history so he knows the old style markets existed in the past.

Every so often we here from young wizards who above all know how to market themselves, a great skill they rightfully monetize. Do they outperform the benchmark?

`

Re: 01/06/2017 Live Update

Posted: Fri Jan 06, 2017 4:52 pm
by Cobra

Re: 01/06/2017 Live Update

Posted: Fri Jan 06, 2017 4:53 pm
by Cobra
well, guess that's it for today. Monday has been mixed recently. thank you guys, I'll see you in another thread soon.

please don't forget our weekly sentiment poll which will be posted right after the close.

before the close, please take a little time to vote for me, thanks. https://stockcharts.com/public/1684859/tenpp