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06/21/2017 Live Update

Re: 06/21/2017 Live Update

Postby te_fern » Wed Jun 21, 2017 3:30 pm

After a head fake this morning, TICK has been weak since!
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Re: 06/21/2017 Live Update

Postby Al_Dente » Wed Jun 21, 2017 3:35 pm

Daniel wrote:
Al_Dente wrote:On vacation, see u all next week... oil... the relationship with junk.
As of 6/20/17 energy junk is 12.84% of HYG [source: ishares website]

Enjoy vacation, AD, and thanks for the HYG stat-- and for all the other actionable presentations that flow so generously from your typewriter onto the screen.
Come back refreshed. And bring some volatility back with you when you return...
:)

:D
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Re: 06/21/2017 Live Update

Postby Al_Dente » Wed Jun 21, 2017 3:36 pm

te_fern wrote:
Al_Dente wrote:On vacation, see u all next week

Have fun boss!!! Where are you going?

palm springs
family
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Re: 06/21/2017 Live Update

Postby Trades with cats » Wed Jun 21, 2017 3:39 pm

Rut Row there goes the small cap !
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Re: 06/21/2017 Live Update

Postby QED » Wed Jun 21, 2017 3:45 pm

The correlation between $WTIC and HYG = -0.23
https://stockcharts.com/h-sc/ui?s=%24WT ... 3142376582
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Re: 06/21/2017 Live Update

Postby Trades with cats » Wed Jun 21, 2017 3:46 pm

Looking like the drop has triggered the Ramp Express
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Re: 06/21/2017 Live Update

Postby te_fern » Wed Jun 21, 2017 3:49 pm

Al_Dente wrote:
te_fern wrote:
Al_Dente wrote:On vacation, see u all next week

Have fun boss!!! Where are you going?

palm springs
family


Have a great time and don't watch the market too much!! LOL!
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Re: 06/21/2017 Live Update

Postby Cobra » Wed Jun 21, 2017 3:52 pm


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Re: 06/21/2017 Live Update

Postby Cobra » Wed Jun 21, 2017 3:54 pm

Al_Dente wrote:
te_fern wrote:
Al_Dente wrote:On vacation, see u all next week

Have fun boss!!! Where are you going?

palm springs
family


have a good time!
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Re: 06/21/2017 Live Update

Postby Cobra » Wed Jun 21, 2017 3:55 pm

well, guess that's it for today. Thursday 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
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Re: 06/21/2017 Live Update

Postby Daniel » Wed Jun 21, 2017 4:09 pm

QED wrote:[b][color=#BF0000]The correlation between $WTIC and HYG = -0.23

As Mark Twain (didnt) put it: there are statistics, damn lie statistics, and then there are correlation statistics.

There are lots of nuances in using correlations. There's an art in selecting a lookback period; and sometimes there's no strong relationship-- until suddenly there is one! Or is one again-- as a longtime correlation which had disappeared suddenly reappears. I personally try to keep lookbacks as short as possible. Dead trends are of no predictive value. And periods of normalcy can have different correlations than sharp short periods of crisis investing. Etc.

GLTA
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Re: 06/21/2017 Live Update

Postby Wallstreetrader » Thu Jun 22, 2017 5:41 am

don't ignore the +div in a Bull Market !
Bull Market No dought !
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