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07/21/2017 Live Update

07/21/2017 Live Update

Postby Cobra » Fri Jul 21, 2017 9:23 am

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double top or not, wait and see.
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Re: 07/21/2017 Live Update

Postby Daniel » Fri Jul 21, 2017 9:24 am

Courtesy of Briefing.com:

Investors have been digesting a slew of earnings this morning from notable companies like Microsoft (MSFT 74.07, -0.15), General Electric (GE 25.77, -0.92), and Visa (V 98.77, +0.66), among others. All three Dow components reported better than expected earnings and revenues, but Visa is the only one trading in the green.

Elsewhere on the earnings front, eBay (EBAY 35.83, -1.35) has dropped 3.6% despite delivering a relatively in-line earnings report. Skyworks Solutions (SWKS 105.38, -2.26) is down 2.1% despite upbeat earnings/revenues and above-consensus guidance.

Crude oil is under pressure this morning, down 0.8% at $46.51/bbl, following news that OPEC oil output is on track to rise by 145,000 barrels per day for the month of July.

U.S. Treasuries have extended yesterday's rally in early action, leaving the benchmark 10-yr yield two basis points lower at 2.24%. For the week, the 10-yr yield has lost nine basis points. Meanwhile, the U.S. Dollar Index (93.97, -0.11) hovers at a 13-month low.

(highly recommended site for concise, compact half-hourly market updates)
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Re: 07/21/2017 Live Update

Postby Cobra » Fri Jul 21, 2017 9:25 am


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Re: 07/21/2017 Live Update

Postby fehro » Fri Jul 21, 2017 9:30 am

mind the SPX open gap on July *19 .. Island top on COMPQ/NDX with this gap down 2 day
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Re: 07/21/2017 Live Update

Postby Cobra » Fri Jul 21, 2017 9:34 am


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Re: 07/21/2017 Live Update

Postby Cobra » Fri Jul 21, 2017 9:59 am


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Re: 07/21/2017 Live Update

Postby Daniel » Fri Jul 21, 2017 10:02 am

spy, iwm LOD. QQQ not yet.
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Re: 07/21/2017 Live Update

Postby fehro » Fri Jul 21, 2017 10:04 am

fehro wrote:mind the SPX open gap on July *19 .. Island top on COMPQ/NDX with this gap down 2 day


INDU/TRANS not happy.. RUT ugly spike
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Re: 07/21/2017 Live Update

Postby brokebybernacke2 » Fri Jul 21, 2017 10:09 am

fehro wrote:
fehro wrote:mind the SPX open gap on July *19 .. Island top on COMPQ/NDX with this gap down 2 day


INDU/TRANS not happy.. RUT ugly spike


market is about here imo...august interesting....
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Re: 07/21/2017 Live Update

Postby Al_Dente » Fri Jul 21, 2017 10:21 am

GE is just 0.85% of the dow
But it is still overweight in the XLI at 7.64% (the heaviest weighted stock in XLI)
721heat.png.png
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Re: 07/21/2017 Live Update

Postby Al_Dente » Fri Jul 21, 2017 10:29 am

NY declining stocks = 1.5 x advancing stocks
NY declining volume = 2.5 x advancing volume. (Strong NY bear selling volume in a handful of issues)

Nasdaq declining stocks = 1.2 x advancing stocks
Nasdaq declining volume = 1.4 x advancing volume
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Re: 07/21/2017 Live Update

Postby Al_Dente » Fri Jul 21, 2017 10:38 am

AAPL
RUMOR
iPhone 8 may be delayed
"iphone-8-release-date-delayed-world-is-ending-save-yourself" :lol:
http://bgr.com/2017/07/21/iphone-8-rele ... -yourself/
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Re: 07/21/2017 Live Update

Postby Al_Dente » Fri Jul 21, 2017 10:44 am

ONE MINUTE CHARTS
SPY
little P-bar down to double bottom, just a minute or two ago
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Re: 07/21/2017 Live Update

Postby Al_Dente » Fri Jul 21, 2017 10:56 am

GS is testing/breaking the 200sma again.
But check that volume AT THE CLOSE.
If that prints three days of reduced selling volume (on lower lows), it will be a volume signal that a bounce is near.

721gs volume.png.png
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Re: 07/21/2017 Live Update

Postby fehro » Fri Jul 21, 2017 10:59 am

fehro wrote:
fehro wrote:mind the SPX open gap on July *19 .. Island top on COMPQ/NDX with this gap down 2 day


INDU/TRANS not happy.. RUT ugly spike


RUT daily gets uglier hours to go
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Re: 07/21/2017 Live Update

Postby Al_Dente » Fri Jul 21, 2017 11:13 am

Daniel wrote:..............(highly recommended site for concise, compact half-hourly market updates)

thanks daniel :D
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Re: 07/21/2017 Live Update

Postby Cobra » Fri Jul 21, 2017 11:40 am

possible double bottom breakout.
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Re: 07/21/2017 Live Update

Postby Cobra » Fri Jul 21, 2017 12:08 pm


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Re: 07/21/2017 Live Update

Postby fehro » Fri Jul 21, 2017 12:14 pm

dabble short SPX 2470 .. mind Wed gap
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Re: 07/21/2017 Live Update

Postby Al_Dente » Fri Jul 21, 2017 12:28 pm

The semiconductors diverge. Are they suggesting that the QQQ pullback a bit?
Bulls hope the semis can “catch up,” as things are just better when the semiconductors can confirm.
WEEKLY
721semis.png.png
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