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08/03/2017 Live Update

08/03/2017 Live Update

Postby Cobra » Thu Aug 03, 2017 9:19 am

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no idea up or down here, need see more bars.
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Re: 08/03/2017 Live Update

Postby Cobra » Thu Aug 03, 2017 9:22 am


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Re: 08/03/2017 Live Update

Postby fehro » Thu Aug 03, 2017 9:43 am

Yesterday marked 3 months (70 trading sessions) since the S&P 500 increased by more than 1% in any one day (and it has only fallen by more than 1% in any day three times in the last 10 months). As former fund manager Richard Breslow notes, "It’s been goodly, as opposed to awfully, quiet."

http://www.zerohedge.com/news/2017-08-03/its-quiet-too-quiet-one-trader-warns-tomorrows-jobs-data-may-change-all

so when we move.. don't be surprised of a huge move.. hold on for dear life… :roll: :lol: :lol:
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Re: 08/03/2017 Live Update

Postby johnnywa » Thu Aug 03, 2017 10:02 am

Market sliding down slippery slope? Dow tired from holding market up?
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Re: 08/03/2017 Live Update

Postby johnnywa » Thu Aug 03, 2017 10:02 am

johnnywa wrote:Market sliding down slippery slope? Dow tired from holding market up?
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Re: 08/03/2017 Live Update

Postby Cobra » Thu Aug 03, 2017 10:02 am


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Re: 08/03/2017 Live Update

Postby Trades with cats » Thu Aug 03, 2017 10:10 am

Do you have what it takes to be a quant?
Want to see how it is done in the farm leagues?
Do well with these guys and maybe you will get called up to the majors.

Kidding aside, these folks (Quantopian) do a seminar every couple of weeks somewhere around the world for conference rooms filled with millennial coders.
Today they put up an easy to follow example of how it works. Their mastery of statistics is great, that's why I follow on twitter. However, never confuse a bull market with brain power :twisted:
https://t.co/1sNPEJ8bqM
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Re: 08/03/2017 Live Update

Postby Trades with cats » Thu Aug 03, 2017 10:13 am

If you follow oil do yourself a favor and go through John Kemp's slide deck on the rebalancing process. He knows what questions to ask.
http://fingfx.thomsonreuters.com/gfx/ce/4/865/864/OIL%20REBALANCING%20JOURNEY'S%20END.pdf
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Re: 08/03/2017 Live Update

Postby Trades with cats » Thu Aug 03, 2017 10:54 am

ES 09-17 (15 Min)  8_3_2017.jpg
15 Minute with weekly volume profile

Four days later and we are still inside last weeks low volume node.
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Re: 08/03/2017 Live Update

Postby fehro » Thu Aug 03, 2017 10:57 am

RUT still struggles at 50d SMA .. dabble sm short here..SPY struggles to fill mooring gap.. not sure.
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Re: 08/03/2017 Live Update

Postby Trades with cats » Thu Aug 03, 2017 10:59 am

ES 09-17 (30 Min)  8_3_2017.jpg
30 minute with monthly volume profile and monthly pivots


Monthly view of the same thing shows that we are close to July point of control, continuing to consolidate in this area. If things slip the monthly pivot zone is calling.
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Re: 08/03/2017 Live Update

Postby Trades with cats » Thu Aug 03, 2017 11:00 am

fehro wrote:RUT still struggles at 50d SMA .. dabble sm short here..SPY struggles to fill mooring gap.. not sure.

It's hard to be green, (just ask Kermit).
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Re: 08/03/2017 Live Update

Postby Trades with cats » Thu Aug 03, 2017 11:25 am

Here we are again, a little over an hour later with the ES dropping down to just above yesterday's VWAP (2470.0)

Yawn, looking pretty rangey so far. Wonder if we are on hold for jobs report? Of course if it is not decisive the decision makers will be gone for the Hamptons by lunch I assume. Saw an article a couple of years ago about a Long Island motorcycle cop who writes a huge number of speeding tickets on fridays :lol:
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Re: 08/03/2017 Live Update

Postby QED » Thu Aug 03, 2017 11:27 am

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Re: 08/03/2017 Live Update

Postby Wallstreetrader » Thu Aug 03, 2017 11:31 am

GM

Welcome August :mrgreen:

Dax unfurtunnaly is getting more and more bear, hourly doing the last should of H&S would SPX follow him ?
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Last edited by Wallstreetrader on Thu Aug 03, 2017 11:41 am, edited 2 times in total.
Bull Market No dought !
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Re: 08/03/2017 Live Update

Postby Trades with cats » Thu Aug 03, 2017 11:36 am

The daily pattern this week is messing with my brain. Clearly the London close was a signal to test the day's low but all I can think is time for a new high this afternoon. :o
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Re: 08/03/2017 Live Update

Postby QED » Thu Aug 03, 2017 11:45 am

Crude: There is something good going on
By Phil Flynn
August 3, 2017
http://www.futuresmag.com/2017/08/03/cr ... good-going
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Re: 08/03/2017 Live Update

Postby Trades with cats » Thu Aug 03, 2017 11:47 am

bad news for Facebook. My wife just donated $10 to Adblock after installing their new Facebook ad blocker!
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Re: 08/03/2017 Live Update

Postby Trades with cats » Thu Aug 03, 2017 11:52 am

Oil permabull Andy Hall has once again blown up his hedge fund and is shutting down, again.
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Re: 08/03/2017 Live Update

Postby Cobra » Thu Aug 03, 2017 11:58 am

now see if bulls can make double bottom here. I think a little more down at least though.
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