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08/18/2017 Live Update

Re: 08/18/2017 Live Update

Postby fehro » Fri Aug 18, 2017 1:08 pm

Al_Dente wrote:another leak:
bannon is out

[add edit:] Matt Drudge: "Bannon Out At White House"


my guess the leak is false.. they are using leaks to find the leaks.. :roll: :lol: 8-) .. NYT all over the place.. with reports he's in, he's staying, :lol: :lol:
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Re: 08/18/2017 Live Update

Postby Wallstreetrader » Fri Aug 18, 2017 1:15 pm

...
Last edited by Wallstreetrader on Wed Oct 11, 2017 12:22 pm, edited 2 times in total.
Bull Market No dought !
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Re: 08/18/2017 Live Update

Postby Al_Dente » Fri Aug 18, 2017 1:17 pm

msnbc says IT'S OFFICIAL he's out
kelly says they "mutually agreed"
:roll:
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Re: 08/18/2017 Live Update

Postby brokebybernacke2 » Fri Aug 18, 2017 1:21 pm

Al_Dente wrote:msnbc says IT'S OFFICIAL he's out
kelly says they "mutually agreed"
:roll:


well, time to see if we can make a new low today...if not, then we may have seen the BANNON BOTTOM - :o
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Re: 08/18/2017 Live Update

Postby Trades with cats » Fri Aug 18, 2017 1:23 pm

Not surprised Bannon gone, he called Bull on the Generals claiming they had a military option for Korea. No one refuted his claims. I am told Generals do not like to be made fools of. Of course they always fight the last war, look stupid and have to be replaced with fresh thinking. No idea where we are in that cycle but the wars in the sand box are certainly changing the thinking!
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Re: 08/18/2017 Live Update

Postby fehro » Fri Aug 18, 2017 1:24 pm

brokebybernacke2 wrote:
Al_Dente wrote:msnbc says IT'S OFFICIAL he's out
kelly says they "mutually agreed"
:roll:


well, time to see if we can make a new low today...if not, then we may have seen the BANNON BOTTOM - :o


buy the rumor.. sell the news.. INDEXes roll over :roll: :lol: :lol:
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Re: 08/18/2017 Live Update

Postby Trades with cats » Fri Aug 18, 2017 1:27 pm

Zero clue why oil took off an hour before Baker Hughes rig count report.
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Re: 08/18/2017 Live Update

Postby brokebybernacke2 » Fri Aug 18, 2017 1:28 pm

fehro wrote:
brokebybernacke2 wrote:
Al_Dente wrote:msnbc says IT'S OFFICIAL he's out
kelly says they "mutually agreed"
:roll:


well, time to see if we can make a new low today...if not, then we may have seen the BANNON BOTTOM - :o


buy the rumor.. sell the news.. INDEXes roll over :roll: :lol: :lol:


not sure yet, we shall see, market not yet revealing hand just yet, . 2430 must fall first to have a shot...otherwise, people will start headin to other side of the boat..
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Re: 08/18/2017 Live Update

Postby te_fern » Fri Aug 18, 2017 1:29 pm

Thinking short, but want to see that blue MA line break. Seems to provide some support...
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Re: 08/18/2017 Live Update

Postby Trades with cats » Fri Aug 18, 2017 1:29 pm

ES 2440 was last weeks Point of Control on volume and the 38 % Fib retrace of the last down move, interesting coincidence. :o
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Re: 08/18/2017 Live Update

Postby fehro » Fri Aug 18, 2017 1:31 pm

Trades with cats wrote:Zero clue why oil took off an hour before Baker Hughes rig count report.


50d SMA yesterday.. morning star doji daily.. now testing 20d SMA SMA ping pong. and now testing 20d sma.. which happens to be breakdown level :roll: .. and the weekly they are trying Hammer the candle off the 20w SMA.
could be a bull trap.. imo
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Re: 08/18/2017 Live Update

Postby te_fern » Fri Aug 18, 2017 1:32 pm

Trades with cats wrote:ES 2440 was last weeks Point of Control on volume and the 38 % Fib retrace of the last down move, interesting coincidence. :o


Cats, do you know the current price difference between cash and ES? Thx!!
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Re: 08/18/2017 Live Update

Postby johnnywa » Fri Aug 18, 2017 1:41 pm

Looks to me bull is done for today,expended all that energy for minimal bounce
Last edited by johnnywa on Fri Aug 18, 2017 1:47 pm, edited 1 time in total.
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Re: 08/18/2017 Live Update

Postby te_fern » Fri Aug 18, 2017 1:42 pm

Giving the downside trade a try. We'll see...
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Re: 08/18/2017 Live Update

Postby fehro » Fri Aug 18, 2017 1:49 pm

johnnywa wrote:Looks to me bull is done for today,expended all that energy for minimal bounce


not sure.. QQQ poised for a big up move.. "IF" it wants it..
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Re: 08/18/2017 Live Update

Postby Al_Dente » Fri Aug 18, 2017 1:54 pm

nbc runs clip of the floor of the NYSE
Wild mad cheering the moment the bannon news was confimred
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Re: 08/18/2017 Live Update

Postby brokebybernacke2 » Fri Aug 18, 2017 1:58 pm

fehro wrote:
johnnywa wrote:Looks to me bull is done for today,expended all that energy for minimal bounce


not sure.. QQQ poised for a big up move.. "IF" it wants it..


2 hours to go...see who wins...
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Re: 08/18/2017 Live Update

Postby Trades with cats » Fri Aug 18, 2017 2:00 pm

ES 09-17 (3 Min) _ TF 09-17 (3 Min) _ DX 09-17 (3 Min) _ ^SP500 (3 Min)  8_18_2017.jpg

Looks like the Futures are about $1.75 or so different. Moving target and don't forget September is contract roll month so the discount will be close to zero by expiration.

As a public service announcement I need to say that futures are like opiate pain killers, very effective and very dangerous. That $500 day trade margin per contract means a 10 handle move just blew up your account. So over the last week there have been several opportunities to get blow up in an hour. And of course close out late and get hit with the overnight margin requirement of $5,600 and see how fast they close you out!
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Re: 08/18/2017 Live Update

Postby Daniel » Fri Aug 18, 2017 2:04 pm

Al_Dente wrote:nbc runs clip of the floor of the NYSE. Wild mad cheering the moment the bannon news was confimred

Wild mad cheering, and SPY is up a dime on the day.
:|
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Re: 08/18/2017 Live Update

Postby te_fern » Fri Aug 18, 2017 2:09 pm

Daniel wrote:
Al_Dente wrote:nbc runs clip of the floor of the NYSE. Wild mad cheering the moment the bannon news was confimred

Wild mad cheering, and SPY is up a dime on the day.
:|


Are you sure it wasn't because they were saying 'we finally suckered fern into going short'!! LOL!
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