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Re: 10/02/2017 Live Update

PostPosted: Mon Oct 02, 2017 12:34 pm
by Trades with cats
EMD 12-17 (4 BetterRenko)  10_2_2017.jpg
S&P Mid Cap 400 Futures

In Renko bars

Re: 10/02/2017 Live Update

PostPosted: Mon Oct 02, 2017 12:35 pm
by Trades with cats
RTY 12-17 (5 BetterRenko)  10_2_2017.jpg
Russell 2000 Small Cap Futures

Re: 10/02/2017 Live Update

PostPosted: Mon Oct 02, 2017 12:35 pm
by Trades with cats
So it must be a problem with the large caps.

Re: 10/02/2017 Live Update

PostPosted: Mon Oct 02, 2017 1:13 pm
by Al_Dente
THE PROPOSED TAX PLAN [obviously subject to changes]
Ned Davis Research thinks “Utilities and Materials would benefit the most under the Trump tax plan. Tech and Health Care the least. This excludes any repatriation.”
https://pbs.twimg.com/media/DKp6j4QWkAAmgpt.jpg

And “Small-cap tax cut even bigger. For S&P 600 [SML, 600 small caps], an effective tax rate of 20% would mean a 35% jump in EPS. At 15%, EPS would rise 44%.
https://pbs.twimg.com/media/DKp6MqSW4AAQoCs.jpg

And they calculate that if the effective tax rate is cut from 25% to 20%, the EPS on the SPX would rise 7%. At 15% effective rate, EPS would jump 14%.
https://pbs.twimg.com/media/DKp5wbjW0AA3IJm.jpg

Re: 10/02/2017 Live Update

PostPosted: Mon Oct 02, 2017 2:18 pm
by Al_Dente

Re: 10/02/2017 Live Update

PostPosted: Mon Oct 02, 2017 2:23 pm
by Cobra
the pullback will be bought again.

PostPosted: Mon Oct 02, 2017 2:24 pm
by MrMiyagi
Bet on the wrong horse today, flat in QQQ

Re: 10/02/2017 Live Update

PostPosted: Mon Oct 02, 2017 2:29 pm
by Trades with cats
RTY 12-17 (5 BetterRenko)  10_2_2017B.jpg

Sigh, waiting for the small cap futures volume to improve. Would have been a fun ride. Hope you leveraged ETF guys made out like bandits!

Re: 10/02/2017 Live Update

PostPosted: Mon Oct 02, 2017 3:00 pm
by Al_Dente
HAPPY HOUR
Image

Re: 10/02/2017 Live Update

PostPosted: Mon Oct 02, 2017 3:31 pm
by brokebybernacke2
Al_Dente wrote:HAPPY HOUR
Image


love it...

Re: 10/02/2017 Live Update

PostPosted: Mon Oct 02, 2017 3:47 pm
by Cobra
guess the phantom bar target will be reached within days.

Re: 10/02/2017 Live Update

PostPosted: Mon Oct 02, 2017 3:49 pm
by Cobra

Re: 10/02/2017 Live Update

PostPosted: Mon Oct 02, 2017 3:51 pm
by Cobra
Well, guess that's it for today. Tuesday tomorrow was up 8 of the last 11. thank you guys, I'll see you tomorrow.

before the close, please take a little time to vote for me, thanks. https://stockcharts.com/public/1684859/tenpp

Re: 10/02/2017 Live Update

PostPosted: Mon Oct 02, 2017 3:52 pm
by Cobra
Al_Dente wrote:HAPPY HOUR
Image



best ever (for the current situation). :lol: