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04/12/2017 Live Update

Re: 04/12/2017 Live Update

Postby Al_Dente » Wed Apr 12, 2017 2:19 pm

HUGE sell volume block on IWM
1.1+ million shares in one min
Nine minutes ago
Highly unusual
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Re: 04/12/2017 Live Update

Postby BullBear52x » Wed Apr 12, 2017 2:24 pm

Market is due for a reversal up (dead cat bounce) very fearful market. for Price Pays traders, bears got nothing to worry right now.
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Re: 04/12/2017 Live Update

Postby Cobra » Wed Apr 12, 2017 2:31 pm

maybe the pullback will be bought. I know I've been wrong about pullback being bought all the time recently so it only proves we stuck in a range.
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Re: 04/12/2017 Live Update

Postby BullBear52x » Wed Apr 12, 2017 2:38 pm

Over sold and fearful, wait until RSI drop below 50 before the fear subsides for bulls to be able to have room to move again. (1 hour bar)
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Re: 04/12/2017 Live Update

Postby Trades with cats » Wed Apr 12, 2017 2:42 pm

That was Glencore Trading. A couple of weeks ago they were in the news for selling interests in their world wide storage tank network. Some saw that as a sign that the market was returning to normal, the smart money getting out of storage.
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Re: 04/12/2017 Live Update

Postby Trades with cats » Wed Apr 12, 2017 2:44 pm

Looks like a potential set-up for a sell off into the close. If this level doesn't hold then thirst test of 2338 coming up.
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Re: 04/12/2017 Live Update

Postby BullBear52x » Wed Apr 12, 2017 2:47 pm

no blood on the street means no end insight, as the old traders will tell you. :)

Me wants to see the Shaky Shaky thingy.
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Re: 04/12/2017 Live Update

Postby Trades with cats » Wed Apr 12, 2017 2:52 pm

Maybe the Power Hour players will step up in front of bank earnings.
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Re: 04/12/2017 Live Update

Postby BullBear52x » Wed Apr 12, 2017 2:55 pm

Trades with cats wrote:Maybe the Power Hour players will step up in front of bank earnings.

Bank earning is the last hope for good long weekend....or really bad weekend.
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Re: 04/12/2017 Live Update

Postby BullBear52x » Wed Apr 12, 2017 2:58 pm

Samo samo today, defensive and protect your behind.
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Re: 04/12/2017 Live Update

Postby Al_Dente » Wed Apr 12, 2017 3:04 pm

HAPPY HOUR
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Re: 04/12/2017 Live Update

Postby Cobra » Wed Apr 12, 2017 3:09 pm

Al_Dente wrote:HAPPY HOUR
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Re: 04/12/2017 Live Update

Postby BullBear52x » Wed Apr 12, 2017 3:09 pm

JPM is in a better standing than GS this time , but their MM's are good at shaking thing up on trading front. head fake all the time during earnings.
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Re: 04/12/2017 Live Update

Postby Al_Dente » Wed Apr 12, 2017 3:11 pm

R.I.P. Charlie Murphy
Better known as the brother of Eddie Murphy, he was a gifted standup comedian, and was brilliant on Dave Chappelle’s show
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Re: 04/12/2017 Live Update

Postby Trades with cats » Wed Apr 12, 2017 3:12 pm

Gandalf

"We think that would not be prudent over the next two to three weeks given the recent geopolitical developments and related tail risks. These geopolitical risks are primarily related to an escalation of tensions with Russia and North Korea, and the upcoming French elections. Before the US elections, Trump campaigned on a platform focused on domestic issues (jobs, taxes, manufacturing). Following the failure of the ACA repeal and immigration bills, focus has unexpectedly shifted to foreign policy. Strikes on Syria, shortly followed by the dispatching of Carrier Strike Group 1 to North Korea, took many by surprise. These geopolitical developments create tail risks for equities as well as for the Trump administration’s domestic agenda."

http://www.zerohedge.com/news/2017-04-12/kolanovic-it-no-longer-prudent-buy-dip
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Postby MrMiyagi » Wed Apr 12, 2017 3:18 pm

No Power Hour today, go back to sleep.
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Re: 04/12/2017 Live Update

Postby Al_Dente » Wed Apr 12, 2017 3:18 pm

FYI
As of yesterday, GS is 7.65% of the dow
Compared to APPL weighted at 4.7%
JPM is 2.84%
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Re: 04/12/2017 Live Update

Postby Al_Dente » Wed Apr 12, 2017 3:22 pm

ALL REPORT BEFORE THE OPEN
C
JPM
WFC
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Re: 04/12/2017 Live Update

Postby Trades with cats » Wed Apr 12, 2017 3:27 pm

Pasta Boss -thanks for that. Looks like it could be a gapper for sure with that much running hard, one way or the other.
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Re: 04/12/2017 Live Update

Postby Cobra » Wed Apr 12, 2017 3:30 pm


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