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06/21/2017 Live Update

Trades with cats
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Re: 06/21/2017 Live Update

Post by Trades with cats »

Smalls trying to drop down to the ES level moving through yesterday's low.
fehro
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Re: 06/21/2017 Live Update

Post by fehro »

RUT nLOD, nears 20d SPY at LOD.
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Cobra
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Re: 06/21/2017 Live Update

Post by Cobra »

double bottom or mm, key time. no idea which one.
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fehro
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Re: 06/21/2017 Live Update

Post by fehro »

fehro wrote:
fehro wrote:SPX LOD goes.. looking for gap fill 2434.. 2431.80 goes then 2429.7- 20d SMA next.
come to papa :)

SPX 20d SMA 2429.50.. just 4 points lower.. come to papa.. . sooo close. :roll:
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fehro
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Re: 06/21/2017 Live Update

Post by fehro »

fehro wrote:/CL 42.18 ish .. next Nov lows W/D/60m

ding ding.. couple of pennies short 0.02 :roll:
Daniel
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Re: 06/21/2017 Live Update

Post by Daniel »

Very mixed market.

RVX hod. VXN hovering just above its low.

FXY hod, this is bearish, SMH hod, this is very bullish.
fehro
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Re: 06/21/2017 Live Update

Post by fehro »

mind TLT .. pressing big open gap , overhead resistance.. 2016 lows.. it goes "could" see a sharp $3 pop up to fill gap 127.40-130ish
Daniel
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Re: 06/21/2017 Live Update

Post by Daniel »

Daily timeframe, MDY hitting a 10day low today. Midcaps are a good barometer. The $MID seems to be less manipulated by futures and options players and their considerations.

:|
fehro
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Re: 06/21/2017 Live Update

Post by fehro »

RUT testing 20d 50d next
fehro wrote:RUT nLOD, nears 20d SPY at LOD.
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Trades with cats
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Re: 06/21/2017 Live Update

Post by Trades with cats »

Junk and oil according to Forbes isn't that closely linked anymore. After accounting for half of last years defaults oil is supposedly only around 10% of the junk bond fund holdings.
Daniel
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Re: 06/21/2017 Live Update

Post by Daniel »

Trades with cats wrote:Junk and oil according to Forbes isn't that closely linked anymore. After accounting for half of last years defaults oil is supposedly only around 10% of the junk bond fund holdings.
Good point, Cats, but... it's the marginal default rate that counts. Most of the iffy holdings in the selloff in junk last year were in the energy sector.

It's like the 'swing states' in an election.
Daniel
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Re: 06/21/2017 Live Update

Post by Daniel »

qqq HOD, but, VXN not anywhere near its LOD.

Last QQQ high today, VXN was also making its low.

KRE, XBD, XLI lod. Nothing really strong today except tech.
Last edited by Daniel on Wed Jun 21, 2017 2:19 pm, edited 1 time in total.
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Cobra
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Re: 06/21/2017 Live Update

Post by Cobra »

mini rebound target
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Cobra
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Re: 06/21/2017 Live Update

Post by Cobra »

exceeded mini target, the low might be in.
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QED
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Re: 06/21/2017 Live Update

Post by QED »

High-Yield Carnage Stays Contained for Now

"Oil’s latest foray into a bear market has left the world’s biggest junk bond ETF mostly unscathed,
with the damage so far contained to the energy sector."


https://bloom.bg/2rD8IHf
Trades with cats
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Re: 06/21/2017 Live Update

Post by Trades with cats »

QED wrote:High-Yield Carnage Stays Contained for Now
Well those shale drillers aren't paying a million bucks each for all those new wells out of free cash flow, they would loose their membership to the oilman's club if they even talked about drilling a hole with their own money. :lol:
Trades with cats
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Re: 06/21/2017 Live Update

Post by Trades with cats »

ES sitting at yestrdays low and VWAP, wonder if we have another sell into the close event.
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Al_Dente
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Re: 06/21/2017 Live Update

Post by Al_Dente »

On vacation, see u all next week

On stockcharts the $WTIC DOES NOT QUOTE INTRADAY, so this is yestrday’s oil, and today’s junk.
I just wanted to show the relationship with junk.
As of 6/20/17 energy junk is 12.84% of HYG [source: ishares website]
621oil junk.png.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Daniel
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Re: 06/21/2017 Live Update

Post by Daniel »

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...

:)
te_fern
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Re: 06/21/2017 Live Update

Post by te_fern »

Al_Dente wrote:On vacation, see u all next week

On stockcharts the $WTIC DOES NOT QUOTE INTRADAY, so this is yestrday’s oil, and today’s junk.
I just wanted to show the relationship with junk.
As of 6/20/17 energy junk is 12.84% of HYG [source: ishares website]
621oil junk.png.png
Have fun boss!!! Where are you going?
This is not investment or trade advice.
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