Page 1 of 3

09/06/2017 Live Update

PostPosted: Wed Sep 06, 2017 9:23 am
by Cobra
If you're StockCharts member, please do me a little favor by "vote" and the most importantly "follow" my public chart list HERE. You need "follow" only once but vote can be done everyday, so whenever you have time, please vote for me, thanks! If you're not StockCharts member, you can also help boosting my rank by clicking the link once everyday.

    Please, again, all my calls in the daily live update is for intra-day only, they're absolutely invalid when the closing bell rings. If you're interested in the forecast for days and weeks, Please subscribe my Daily Market Report.
    Personal attack on any board members won't be tolerated. Please limit your topic to trade related only.
    Please no direct link to your personal web site or blog. You must post rich contents here. You can, however, put link to your personal web site or blog as your signature.
    I'm very busy during the trading hour, so your question posted on board might not be answered. For a guaranteed answer to your question please send email to info@cobrasmarketview.com.
=============================================================================================================================================================================

No idea up or down here. In the past when don't know can always assume it will be up...

Re: 09/06/2017 Live Update

PostPosted: Wed Sep 06, 2017 9:26 am
by Cobra

Re: 09/06/2017 Live Update

PostPosted: Wed Sep 06, 2017 9:34 am
by JFR
Overnight gap up on YM, ES and NQ.

Re: 09/06/2017 Live Update

PostPosted: Wed Sep 06, 2017 9:39 am
by fehro
mind the gap.. this am.. and yesterday's gap … looking for morning gap filled -SPX

Re: 09/06/2017 Live Update

PostPosted: Wed Sep 06, 2017 9:46 am
by JFR
Overnight gap up, filled on NQ.

Re: 09/06/2017 Live Update

PostPosted: Wed Sep 06, 2017 9:58 am
by Trades with cats
Take one off the fear factor list- Evil site reporting Dem leadership supporting 3 month debt limit increase, kicking the can to the year end recess (where leadership can threaten members with no going home).

Re: 09/06/2017 Live Update

PostPosted: Wed Sep 06, 2017 10:00 am
by Cobra

Re: 09/06/2017 Live Update

PostPosted: Wed Sep 06, 2017 10:02 am
by Cobra
morning hourly black bar.

Re: 09/06/2017 Live Update

PostPosted: Wed Sep 06, 2017 10:18 am
by Daniel
Minor multiday resistance line for SPY at 247. QQQ struggling w the 145 level-- now red, and near its LOD.

Re: 09/06/2017 Live Update

PostPosted: Wed Sep 06, 2017 10:27 am
by te_fern
My TICK screen hasn't updated for 9/6 on stockcharts yet....

Re: 09/06/2017 Live Update

PostPosted: Wed Sep 06, 2017 10:53 am
by fehro
remember as per last Friday… Beige book at 2:00pm ET… and Draghi interest rate tomorrow morning before market, with Press Conference QQQ fills morning gap… IWM/SPY lag

Re: 09/06/2017 Live Update

PostPosted: Wed Sep 06, 2017 10:58 am
by Al_Dente
te_fern wrote:My TICK screen hasn't updated for 9/6 on stockcharts yet....

none of the internals are updating today :cry:

Re: 09/06/2017 Live Update

PostPosted: Wed Sep 06, 2017 11:05 am
by Trades with cats
Stan Fisher gave chair Yellen 30 days notice. His term isn't up until 2020 and he is Vice-Chair into next year. He is 73. I suppose this increases the likelihood of Lael Brainard's opinions guiding policy as I can't imagine Chair Yellen and Bill Dudley changing course because of a Trump appointee to Obama's FOMC.

Re: 09/06/2017 Live Update

PostPosted: Wed Sep 06, 2017 11:05 am
by Junior Buffett
BOC increased the rate to 1%....more bad news for real estate in Canada ( particularly in Toronto region)

Re: 09/06/2017 Live Update

PostPosted: Wed Sep 06, 2017 11:08 am
by Trades with cats
Junior Buffett wrote:BOC increased the rate to 1%....more bad news for real estate in Canada ( particularly in Toronto region)

Oct 15th is the party conference. After that the PBoC has to do something. Most are guessing they start devaluing the Yuan, other possibility is they really clamp down on capital outflows, in either case North American hot spots are going to be losing the marginal high end buyers.

Re: 09/06/2017 Live Update

PostPosted: Wed Sep 06, 2017 11:11 am
by Junior Buffett
Trades with cats wrote:
Junior Buffett wrote:BOC increased the rate to 1%....more bad news for real estate in Canada ( particularly in Toronto region)

Oct 15th is the party conference. After that the PBoC has to do something. Most are guessing they start devaluing the Yuan, other possibility is they really clamp down on capital outflows, in either case North American hot spots are going to be losing the marginal high end buyers.


Do you think they will take any drastic decision when they are so close to the election?

Re: 09/06/2017 Live Update

PostPosted: Wed Sep 06, 2017 11:25 am
by Trades with cats
I only know what I read. The experts are all saying afterwards they pull the punchbowl.

Re: 09/06/2017 Live Update

PostPosted: Wed Sep 06, 2017 11:38 am
by Trades with cats
Let me add- Currency pegged to US Dollar, Independent monetary policy and lax capital controls, but you can only keep two of the three long term. Short term full speed ahead until they get through the Party Congress in October, then they either adjust policy or someone will do a George Soros verses the Bank of England on them (PBoC). No way they can suddenly pull the rug on out of control lending so either enforce capital controls (hasn't happened yet) or start dropping Yuan. At least that is my understanding.

Re: 09/06/2017 Live Update

PostPosted: Wed Sep 06, 2017 12:08 pm
by Cobra

Re: 09/06/2017 Live Update

PostPosted: Wed Sep 06, 2017 12:31 pm
by Al_Dente
internals are updating now on stockcharts