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09/12/2017 Live Update

PostPosted: Tue Sep 12, 2017 9:21 am
by Cobra
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this bull shall have legs.

Re: 09/12/2017 Live Update

PostPosted: Tue Sep 12, 2017 9:25 am
by Cobra

Re: 09/12/2017 Live Update

PostPosted: Tue Sep 12, 2017 9:37 am
by fehro
SPX nATH .. nears 2500

Re: 09/12/2017 Live Update

PostPosted: Tue Sep 12, 2017 9:44 am
by fehro
try again.. nibble sm short SPX 2494 :roll: .. AAPL pop and drop /NQ weak

Re: 09/12/2017 Live Update

PostPosted: Tue Sep 12, 2017 10:01 am
by brokebybernacke2
well, appears we gonna stair step up to 2500 and beyond so we can say we did, vix target near term 9.4ish. bumps ahead incl. kim jong nutmove (unlikely) , Fed hawk move (unlikely)...tax reform package of some sort should be next source of good rocket fuel...imho.

Re: 09/12/2017 Live Update

PostPosted: Tue Sep 12, 2017 10:01 am
by Cobra

Re: 09/12/2017 Live Update

PostPosted: Tue Sep 12, 2017 10:02 am
by fehro
fehro wrote:try again.. nibble sm short SPX 2494 :roll: .. AAPL pop and drop /NQ weak


AAPL 20d 160.79 testing it… iPhone X today 1:00pm ET loose the 20d with conviction.. kiss the market good bye..

Re: 09/12/2017 Live Update

PostPosted: Tue Sep 12, 2017 10:58 am
by Daniel
Mixed sectors today, KRE, EWZ, DJT hod..

As SMH, IYR hit lod. And RVX and VXN hitting hod.

Many moving parts.

Re: 09/12/2017 Live Update

PostPosted: Tue Sep 12, 2017 11:00 am
by fehro
fehro wrote:try again.. nibble sm short SPX 2494 :roll: .. AAPL pop and drop /NQ weak


too slow.. cover 1/2 here +$2.50

Re: 09/12/2017 Live Update

PostPosted: Tue Sep 12, 2017 11:04 am
by Al_Dente
NY narrow
Plenty of bull volume in a handful of issues:
NY advancing stocks = 1.6 x declining stocks
NY advancing volume = 2.8 x declining volume

Nasdaq weak, chop
Nasdaq advancing stocks = 1.4 x declining stocks
Nasdaq advancing volume = 0.9 x declining volume

Re: 09/12/2017 Live Update

PostPosted: Tue Sep 12, 2017 11:04 am
by Daniel
Just minutes later, SMH lod has turned into a strong bounce back to flat on the day, could lead a tech surge upward...

update: IWM hovering near hod, EEM has just hit a fresh one.

These plus SMH could lead a surge for the broader indexes.

Re: 09/12/2017 Live Update

PostPosted: Tue Sep 12, 2017 11:22 am
by Daniel
Daniel wrote:Mixed sectors today. Many moving parts.

XOP hod
XLB lod, IYR fresh lod. Not the normal correlations.

Re: 09/12/2017 Live Update

PostPosted: Tue Sep 12, 2017 11:39 am
by Cobra
maybe the rebound will fail?

Re: 09/12/2017 Live Update

PostPosted: Tue Sep 12, 2017 11:46 am
by Mr. BachNut
BachNut here...

The NYMO cycle is up.
The price divergence we had last week has been cured, but now we have a small NYMO divergence as NYMO has not made fresh highs to go along with the price highs. Maybe this clears up by the close or tomorrow.
The current cycle has been running 22 days. So, I would not be surprised to see it turn down quite soon.
Even if the cycle turns down, as long as NYMO stays above zero, action should be inclined to favor the bulls.

Pricewise, our gap year continues with a huge one from last Friday's close.
We have broken away from the middle keltner, but the action looks rather wedgie to me as it attempts to reclaim the broken internal trend and the upper keltner.
I am seeing a lot of bullish twitter chat, but I wouldn't rule out bearish scenarios.
A break of the wedge, and a turn in the NYMO could at least send price back to the middle keltner.

I still have a little long from August after another scale.
Nothing to do but wait and respond to what unfolds ahead.

Re: 09/12/2017 Live Update

PostPosted: Tue Sep 12, 2017 11:52 am
by Al_Dente
AAPL blog is live
This is the first event Apple is hosting in the new Steve Jobs Theater at the new spaceship campus
should start soon
https://live.theverge.com/

Re: 09/12/2017 Live Update

PostPosted: Tue Sep 12, 2017 12:13 pm
by Cobra

Re: 09/12/2017 Live Update

PostPosted: Tue Sep 12, 2017 12:16 pm
by fehro
Cryptos all new page on Tradingview.. fwiw - https://www.tradingview.com/markets/cryptocurrencies/quotes-all/

Re: 09/12/2017 Live Update

PostPosted: Tue Sep 12, 2017 12:20 pm
by fehro
http://www.mintpressnews.com/blow-us-dollar-brics-considers-cryptocurrency/231571/

In Blow To US Dollar, BRICS Considers ‘Sanctions-Proof’ Cryptocurrency
While the US Dollar remains the most popular global trading and reserve currency, this is rapidly changing. A BRICS backed cryptocurrency may be both the proverbial ‘Dollar buster’ as well as a ‘sanctions buster’.

Re: 09/12/2017 Live Update

PostPosted: Tue Sep 12, 2017 12:25 pm
by Al_Dente
ATH
SPY yes
QQQ nope
$SOX nope
IWM nope
XLV healthcare yes ATH
Others nope

Re: 09/12/2017 Live Update

PostPosted: Tue Sep 12, 2017 12:57 pm
by Al_Dente
Al_Dente wrote:NY narrow
Plenty of bull volume in a handful of issues:
NY advancing stocks = 1.6 x declining stocks
NY advancing volume = 2.8 x declining volume

Nasdaq weak, chop
Nasdaq advancing stocks = 1.4 x declining stocks
Nasdaq advancing volume = 0.9 x declining volume

NY advancing stocks = 1.9 x declining stocks
NY advancing volume = 3.6 x declining volume