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Re: 06/30/2017 Live Update

PostPosted: Fri Jun 30, 2017 11:34 am
by Denali92
Two things:

DAX has led the market this week and it is NOT HAPPY! It is below yesterday's lows.....

Here is a quick summary of a larger post that I am putting together on the 4th of July.

http://www.cobrasmarketview.com/2017/06302017-intra-day-update/

Be back later,

-D

Re: 06/30/2017 Live Update

PostPosted: Fri Jun 30, 2017 11:39 am
by QED
Al_Dente wrote:Asked once before, will try again:
What is the math for that ““adding about 32 points to the price of the Dow””?

I could be wrong, but perhaps since (as of yesterday) NKE was weighted as 1.71% of the DJIA:
http://indexarb.com/indexComponentWtsDJ.html

then 1.71 x 8.8% (approx increase today) = .15%
DJIA (today) = ~ 21,346 x .15% (from above) = ~ +32.12

My best guess … :ugeek: :roll:

Re: 06/30/2017 Live Update

PostPosted: Fri Jun 30, 2017 11:55 am
by Al_Dente
QED wrote:
Al_Dente wrote:...What is the math for that ““adding about 32 points to the price of the Dow””?

I could be wrong, but perhaps since (as of yesterday) NKE was weighted as 1.71% of the DJIA:
http://indexarb.com/indexComponentWtsDJ.html
then 1.71 x 8.8% (approx increase today) = .15%
DJIA (today) = ~ 21,346 x .15% (from above) = ~ +32.12
My best guess … :ugeek: :roll:

THANK YOU SO VERY MUCH :D :D

Re: 06/30/2017 Live Update

PostPosted: Fri Jun 30, 2017 12:03 pm
by Cobra

Re: 06/30/2017 Live Update

PostPosted: Fri Jun 30, 2017 12:48 pm
by fehro
Huge Bond action last few days… and bonds could break down VERY hard.. question is where does the money go? .. DXY USDollar AND … look toward commodities?… commodity stocks?…. DBA, DBC, etc.. Ready for hyper inflation??? :roll: Buckle up :roll:

DBC - daily
TLT weekly

Re: 06/30/2017 Live Update

PostPosted: Fri Jun 30, 2017 1:24 pm
by Al_Dente
Follow-up on that “astonishing” inverted$VIX chart I posted last night and early this morning:
Slap a more generous MA (89) on it (middle panel)……… now see june….there u go……..much smoother for mid-term.......

630revised vix.png.png

Re: 06/30/2017 Live Update

PostPosted: Fri Jun 30, 2017 2:24 pm
by Al_Dente
Bottom panel: SPY has been known to bounce when it gets this far below its 20 (%B 20,2)

630spy bb.png.png

Re: 06/30/2017 Live Update

PostPosted: Fri Jun 30, 2017 2:27 pm
by Al_Dente
NKE is now up almost 12%

Re: 06/30/2017 Live Update

PostPosted: Fri Jun 30, 2017 2:28 pm
by Daniel
fehro wrote:Huge Bond action last few days… and bonds could break down VERY hard.. question is where does the money go? .. DXY USDollar AND …

Maybe the Euro? Eur/Usd at or near a 52 week high.

Re: 06/30/2017 Live Update

PostPosted: Fri Jun 30, 2017 2:33 pm
by Al_Dente
HOLIDAY HAPPY HOUR officially starts early............ bye bye
Image

Re: 06/30/2017 Live Update

PostPosted: Fri Jun 30, 2017 2:34 pm
by fehro
Daniel wrote:
fehro wrote:Huge Bond action last few days… and bonds could break down VERY hard.. question is where does the money go? .. DXY USDollar AND …

Maybe the Euro? Eur/Usd at or near a 52 week high.


not sure.. Europe still full of risks.. Greece, Italy, DB.. trust GBP or USD more?

GBPUSD & GBPEUR weekly fwiw

Re: 06/30/2017 Live Update

PostPosted: Fri Jun 30, 2017 2:50 pm
by te_fern
Pasta Boss, the dow jones has a divisor to determine the impact of the individual stock moves. See this from Widipedia

The value of the Dow is not the actual average of the prices of its component stocks, but rather the sum of the component prices divided by a divisor, which changes whenever one of the component stocks has a stock split or stock dividend, so as to generate a consistent value for the index. Since the divisor is currently less than one, the value of the index is larger than the sum of the component prices.

Current Divsor: (divisor: 0.14602128057775)

Re: 06/30/2017 Live Update

PostPosted: Fri Jun 30, 2017 2:54 pm
by Cobra
testing day high.

Re: 06/30/2017 Live Update

PostPosted: Fri Jun 30, 2017 2:56 pm
by fehro
as per usual..very quiet Friday before a long weekend.. mind the late hour move by a hedge fund.. near EOD .. sneak attack :lol: :roll: when everyone is gone for the weekend. :D

Inside days.. "nothing burgers" for the long weekend :lol: :lol:

Re: 06/30/2017 Live Update

PostPosted: Fri Jun 30, 2017 3:01 pm
by fehro
fehro wrote:as per usual..very quiet Friday before a long weekend.. mind the late hour move by a hedge fund.. near EOD .. sneak attack :lol: :roll: when everyone is gone for the weekend. :D

Inside days.. "nothing burgers" for the long weekend :lol: :lol:


:shock: missed TRANsport.. wow.. nHOW, nHOM, pressing HOY

Re: 06/30/2017 Live Update

PostPosted: Fri Jun 30, 2017 3:22 pm
by Cobra
the pullback will be bought.

Re: 06/30/2017 Live Update

PostPosted: Fri Jun 30, 2017 3:37 pm
by fehro

Re: 06/30/2017 Live Update

PostPosted: Fri Jun 30, 2017 3:43 pm
by Cobra
breakout more likely.

Re: 06/30/2017 Live Update

PostPosted: Fri Jun 30, 2017 3:52 pm
by Cobra

Re: 06/30/2017 Live Update

PostPosted: Fri Jun 30, 2017 3:53 pm
by Cobra
well, guess that's it for today. Monday has been bull friendly recently. thank you guys, I'll see you in another thread soon.

please don't forget our weekly sentiment poll which will be posted right after the close.

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