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08/28/2017 Live Update

PostPosted: Mon Aug 28, 2017 9:22 am
by Cobra
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In range, now testing range high, suppose to pullback, suppose.

Re: 08/28/2017 Live Update

PostPosted: Mon Aug 28, 2017 9:27 am
by Cobra

Re: 08/28/2017 Live Update

PostPosted: Mon Aug 28, 2017 9:52 am
by Trades with cats
Tested 2436 ES last night, wondering if we do it again later today. 2450 area was the value high area for last week so we really moved through the trading range on high speed overnight.

Re: 08/28/2017 Live Update

PostPosted: Mon Aug 28, 2017 10:05 am
by Cobra

Re: 08/28/2017 Live Update

PostPosted: Mon Aug 28, 2017 10:06 am
by Cobra
morning hourly black bar.

Re: 08/28/2017 Live Update

PostPosted: Mon Aug 28, 2017 10:21 am
by tsf
.
I save my thoughts for TX, not T.A. today
God bless America

Re: 08/28/2017 Live Update

PostPosted: Mon Aug 28, 2017 10:33 am
by Trades with cats
Sorry, I can't upload the file. Interview of man launching ski boat. What are you going to do? "I am going to save some lives today".

Re: 08/28/2017 Live Update

PostPosted: Mon Aug 28, 2017 11:05 am
by Trades with cats
Looking like oil may have found a bottom for now. People have to be trading on conviction at this point because the damage levels are unknown. Pipeline operators are shutting down, as you would expect, so the media will be talking about potential shortages in the southeast just as a tropical storm system goes up the coast.

Re: 08/28/2017 Live Update

PostPosted: Mon Aug 28, 2017 11:09 am
by Al_Dente
Last night’s guesstimates: some of the industries that should be impacted by Harvey
https://www.bloomberg.com/news/articles ... es-is-eyed

Re: 08/28/2017 Live Update

PostPosted: Mon Aug 28, 2017 11:10 am
by Al_Dente
“The New iPhone Won’t Blow You Away”
“Not with anything revolutionary, anyway. There’s still a lot of sizzle and improved features in the iPhone 8. The device will be more powerful, the cameras will work better, and you’ll even be able to unlock it with your face. Some of the other stuff, however, is already on rival phones: wireless (inductive) charging, an almost all-screen front, an OLED screen. “We don’t feel an impatience to be first,” Apple CEO Tim Cook told Bloomberg. “Our thing is to be the best and to give the user something that really makes a difference in their lives.”
[Bloomberg]
How many times have you thought it would make a big difference in your life if you could just unlock your phone with your face?

Re: 08/28/2017 Live Update

PostPosted: Mon Aug 28, 2017 11:18 am
by Al_Dente
Those of you who were active in 2008 will remember AIG with disgust.
Latest news is that they are boosting pay for top executives.
http://www.reuters.com/article/us-aig-p ... ss+News%29
This is a MONTHLY chart, just to scare you :o

aig month.png.png

Re: 08/28/2017 Live Update

PostPosted: Mon Aug 28, 2017 11:27 am
by Cobra
hopefully it's 100% mm. if it cannot decisively break the day low then the low might be in for today. key time.

Re: 08/28/2017 Live Update

PostPosted: Mon Aug 28, 2017 11:35 am
by Trades with cats
So with AIG it brings back memories of Hank Paulson telling Congressional Leadership that the taxpayers had to take all the Wall Street losses or it would be a real disaster. Nothing new there, remember the text of Andrew Jackson's speech when he abolished the Second National Bank (it was popular on the internet a few years back). What is scary to me is the next time AIG types tip us upside down with ridiculous bets (recite appropriate Nassim Taleb passage) Gary Cohen or whomever is going to have a lot harder time scaring Congress because current leadership lived through the last crisis.

Re: 08/28/2017 Live Update

PostPosted: Mon Aug 28, 2017 11:38 am
by Trades with cats
Weekend low was 2436.25 and Thursday low was 2434.50, both ES.

Re: 08/28/2017 Live Update

PostPosted: Mon Aug 28, 2017 12:01 pm
by Cobra

Re: 08/28/2017 Live Update

PostPosted: Mon Aug 28, 2017 12:08 pm
by Trades with cats
Oil had another drop.

Re: 08/28/2017 Live Update

PostPosted: Mon Aug 28, 2017 12:24 pm
by Trades with cats
3rd time on Fridays low (ES), not looking good for bulls.

You have to ask yourself about how effective the broken windows economic theory is, at this point.

Re: 08/28/2017 Live Update

PostPosted: Mon Aug 28, 2017 12:25 pm
by Trades with cats
Thare she rips!

Re: 08/28/2017 Live Update

PostPosted: Mon Aug 28, 2017 12:26 pm
by Cobra
breakdown, now let's see if 100% mm target can be met.

Re: 08/28/2017 Live Update

PostPosted: Mon Aug 28, 2017 1:11 pm
by Cobra
mini rebound target. likely it'd be exceeded. let's see.