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08/16/2017 Live Update

Re: 08/16/2017 Live Update

Postby Cobra » Wed Aug 16, 2017 1:40 pm

well, finally one day bears exceeded my expectation. maybe it's now safe to say this bear shall have small legs?
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Re: 08/16/2017 Live Update

Postby Al_Dente » Wed Aug 16, 2017 1:42 pm

EARLY HAPPY HOUR in anticipation of minutes at 2:00 ET
indiana jones melty face.png.png

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Re: 08/16/2017 Live Update

Postby Trades with cats » Wed Aug 16, 2017 1:44 pm

As we wait for Algo Fest to start- If you think the timing of the ECB pulling Draghi's speech this morning with the FOMC minutes coming out was a coincidence please contact me about a bridge I can sell you.
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Postby MrMiyagi » Wed Aug 16, 2017 1:45 pm

Trump killed the market's momentum.
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Re: 08/16/2017 Live Update

Postby fehro » Wed Aug 16, 2017 1:48 pm

fehro wrote:buckle up.. don't like indexes look…. careful of a huge shocking down move


those dailies.. pure ugliness if they close near here
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Re: 08/16/2017 Live Update

Postby fehro » Wed Aug 16, 2017 1:54 pm

careful Manhattan news Federal Plaza west
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Re: 08/16/2017 Live Update

Postby Al_Dente » Wed Aug 16, 2017 1:57 pm

fehro wrote:careful Manhattan news Federal Plaza west

please elaborate
thanks
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Re: 08/16/2017 Live Update

Postby fehro » Wed Aug 16, 2017 1:58 pm

Al_Dente wrote:
fehro wrote:careful Manhattan news Federal Plaza west

please elaborate
thanks


Reports of an explosion with at least 1 injuries reported in Manhattan at 26 Federal Plaza West.
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Postby MrMiyagi » Wed Aug 16, 2017 2:03 pm

fehro wrote:Reports of an explosion with at least 1 injuries reported in Manhattan at 26 Federal Plaza West.


Stupid FBI man.
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Re: 08/16/2017 Live Update

Postby Al_Dente » Wed Aug 16, 2017 2:08 pm

*MOST FED OFFICIALS SAW INFLATION PICK-UP OVER NEXT COUPLE YEARS
*MOST FED OFFICIALS BACKED B/SHEET MOVE AT `AN UPCOMING MEETING'
*MANY FED OFFICIALS SAW WEAK INFLATION DUE IDIOSYNCRATIC FACTORS
*SOME OFFICIALS CONCERNED BY WEAK INFLATION, ARGUE FOR PATIENCE
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Re: 08/16/2017 Live Update

Postby Trades with cats » Wed Aug 16, 2017 2:09 pm

I have down then up. If I remember this correctly then usually the second move (up today) is the head fake and the first move, which was down today,is the longer term direction?
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Re: 08/16/2017 Live Update

Postby Al_Dente » Wed Aug 16, 2017 2:10 pm

Rate hike odds for December are around 42%
unchanged from the FOMC Statement in July
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Re: 08/16/2017 Live Update

Postby Al_Dente » Wed Aug 16, 2017 2:15 pm

Trades with cats wrote:I have down then up. If I remember this correctly then usually the second move (up today) is the head fake and the first move, which was down today,is the longer term direction?

I think the first move immediately after the release (UP) is usually the “real” or “best” directional.
It’s Cobra’s, so hopefully he will chime in here
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Re: 08/16/2017 Live Update

Postby Trades with cats » Wed Aug 16, 2017 2:20 pm

I have down move for the first 2 minutes, then a big up bar reversing that move.
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Postby MrMiyagi » Wed Aug 16, 2017 2:26 pm

I expect this day to end red, prediction is SPY down $0.85 - $1.00.
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Re: 08/16/2017 Live Update

Postby fehro » Wed Aug 16, 2017 2:29 pm

fehro wrote:
fehro wrote:/CL nLOD yLOD goes.. look to 50d 46.44..an oil drop could be VERY hard here.. /CL <20d/20w/200d/50w… 50d goes.. looking for $39.45 .."IF" USdollar explodes up .. see upper chart DXY

yLOD goes.. almost at 50d 46.44 just 0.40 lower


zoo close.. just 0.20ish short of 50d SMA
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Re: 08/16/2017 Live Update

Postby Al_Dente » Wed Aug 16, 2017 2:30 pm

Trades with cats wrote:I have down move for the first 2 minutes, then a big up bar reversing that move.

We differ boss
I have up at 14:02
Then second move is down
So third move up ??????
IDK
SPX 1min
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Re: 08/16/2017 Live Update

Postby fehro » Wed Aug 16, 2017 2:32 pm

SPX looses this level look to Monday's open gap 2454-41ish
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Re: 08/16/2017 Live Update

Postby Al_Dente » Wed Aug 16, 2017 2:34 pm

“The initial reaction … stocks are up, bonds are up… and the dollar is down.
But then traders read the warnings that due to excessively easy financial conditions, "a tighter monetary policy than otherwise was warranted." and stocks sank.
[source: the evil site]
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Re: 08/16/2017 Live Update

Postby brokebybernacke2 » Wed Aug 16, 2017 2:40 pm

fehro wrote:
fehro wrote:buckle up.. don't like indexes look…. careful of a huge shocking down move


those dailies.. pure ugliness if they close near here


need a huge shock for a huge shocking move....
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