01/12/2017 Live Update

[Al_Dente]

NY declining stocks = 2.0 x advancing stocks
NY declining volume = 2.1 x advancing volume
If this can stay strong, bears may seek revenge

[BullBear52x]

Short term LH watch. bulls can only go so far without clearing this simple chart pattern.

[fehro]

SPX, VIX nears support of sorts

[Al_Dente]

Friday, January 13
Banks report earnings: BAC, JPM, PNC, WFC (all before the open). Important, as the banks have been the favorites of the post-election rally.
The bolinger bands on Banks ($BKX) are compressed, usually indicating a big impending move.

08:30 AM Retail sales, December (consensus +0.7%, last +0.1%)
08:30 AM PPI final demand, December (consensus +0.3%, last +0.4%); PPI ex-food and energy, December (consensus +0.1%, last +0.4%)
09:30 AM Philadelphia Fed President Harker speaks
10:00 AM Business inventories, November (consensus +0.5%, last -0.2%)
10:00 AM University of Michigan consumer sentiment, January preliminary (consensus 98.5, last 98.2)

[BullBear52x]

Okay here is where I switch the train. southbound here we come.

[Cobra]

wow, this bull shall have legs.

[Al_Dente]

NY declining stocks = 1.5 x advancing stocks
NY declining volume = 1.5 x advancing volume
Dang, bears progressively weakening since noon-ish

NY declining stocks = 2.0 x advancing stocks
NY declining volume = 2.1 x advancing volume
If this can stay strong, bears may seek revenge

[uempel]

No comment ...

[JFR]

Nice rebound.

[Al_Dente]

HAPPY HOUR

[BullBear52x]

game plan.

[Junior Buffett]

game plan.

there is only one game in town...BULL GAME...lol

[fehro]

DXY trying to hammer off the 50d SMA mind your golds… /GC 50d 1192. key

[BullBear52x]

chart for the road: Well, this is not the type of bullish chart I want to put the money on. show me the money shall we?. Peace!

[Cobra]

members only update at 3:33 pm
http://www.cobrasmarketview.com/2017/01 ... ay-update/

[Trades with cats]

If anyone doubt's who is in charge this afternoon just watch the 3:30 ramp unfold.

[Cobra]

members only update at 3:50 pm
http://www.cobrasmarketview.com/2017/01 ... ay-update/

[Trades with cats]

Pivot points VWAP etc in day trading the SPY
http://fat-pitch.blogspot.com/2014/04/p ... n-day.html

[Trades with cats]

JP Morgan just cut bonuses by 15%, no ideas if it relates to the pree-market earnings report tomorrow.

[Cobra]

well, guess that's it for today. Friday tomorrow has been bull friendly recently. thank you guys, I'll see you tomorrow.

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