04/18/2017 Live Update

[Al_Dente]

Checking in on how earnings moved stocks:
Heavyweight GS (7.65% of the dow) missed EPS before the open, stock hit hard
BAC beat earnings and beat revenue, stock down slightly
JNJ (4.12% of the dow) earnings beat but stock down
UNH (3.75% of the dow) earnings beat, stock up

Reports tonight: IBM (5.66% of the dow)

[BullBear52x]

This is what I am shooting after, the early bird thingy.

[Trades with cats]

Back to normal. ES at 12 was about 2333. Two hours later 2339 or plus 5 for the lunch hour trade.

[Cobra]

bear flag never works. bear flag never works. I'll write ten thousand times. the low should be in for today.

[BullBear52x]

Checking in on how earnings moved stocks:
Heavyweight GS (7.65% of the dow) missed EPS before the open, stock hit hard
BAC beat earnings and beat revenue, stock down slightly
JNJ (4.12% of the dow) earnings beat but stock down
UNH (3.75% of the dow) earnings beat, stock up

Reports tonight: IBM (5.66% of the dow)

I am bearish on financial, sideways to down on a daily time scale.

[Al_Dente]

SMALL 5 min
Bottom panel: TICK (light orange) had a 2 hour succession of HL, HH; hard to fight that
Now at double top… as our bb52x would say: don’t get greedy
[added: faint orange is the straight tick, not cum]

[BullBear52x]

SMALL 5 min
Bottom panel: TICK (light orange) had a 2 hour succession of HL, HH; hard to fight that
Now at double top… as our bb52x would say: don’t get greedy
[added: faint orange is the straight tick, not cum]

418five.png.png

Greed kills

[Al_Dente]

SMALL 5 min..........

Greed kills

Boss, you’ve been busted
They found your stash
It was nice knowing u
http://www.zerohedge.com/news/2017-04-1 ... -apartment

[BullBear52x]

SMALL 5 min..........

Greed kills

Boss, you’ve been busted
They found your stash
It was nice knowing u
http://www.zerohedge.com/news/2017-04-1 ... -apartment

Who can trust the bank these days? under the mattress is the safest place for your cash.

[Trades with cats]

Bob Farrell Rule
No.7. Markets are strongest when they are broad and weakest when they narrow to a handful of blue-chip names.

https://pbs.twimg.com/media/C9trWTvUAAATIpS.jpg
10 Mega caps account for most of S&P year to date gains.

[BullBear52x]

Sideways trend-less this is not getting easier for bulls either.

[Al_Dente]

HAPPY HOUR

[Cobra]

HAPPY HOUR

[BullBear52x]

Chart for the road: Accum/Dist is still positive, this got me to be hopeful for da bull move, but price pays, so far it doesn't. Peace!

[Al_Dente]

WEDNESDAY before the open:
JPM
WEDNESDAY after the close
AXP
EBAY
QCOM

WEDNESDAY BEIGE BOOK 3:00 PM

[Cobra]

members only update at 3:50 pm
http://www.cobrasmarketview.com/2017/04 ... ay-update/

[Cobra]

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

before the close, please take a little time to vote for me, thanks.