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Re: 11/03/2017 Live Update
Posted: Fri Nov 03, 2017 12:51 pm
by fehro
johnnywa wrote:Damn Fehro what's with smallcaps,they ever gonna make up there mind...up down up down up down
could take months.. see gray
market moved by the big boys..aka AAPL, FB, AMZN, GOOGL, the small caps along for the ride..
Re: 11/03/2017 Live Update
Posted: Fri Nov 03, 2017 12:58 pm
by johnnywa
fehro wrote:johnnywa wrote:Damn Fehro what's with smallcaps,they ever gonna make up there mind...up down up down up down
could take months.. see gray
market moved by the big boys..aka AAPL, FB, AMZN, GOOGL, the small caps along for the ride..
Well the daily chart will turn up if this makes a decent 8-10 point move up. Then yes you could forget a down move for a minimum of 2 weeks,ride the bull to top of chart
Re: 11/03/2017 Live Update
Posted: Fri Nov 03, 2017 1:17 pm
by Trades with cats
Oil turned around and is going up with the S&P.
With Venezuela restructuring it's debt tomorrow oil should be happy. They have to bring in tankers of light crude to blend that Venezuelan stuff into something most can refine. Those tankers don't unload without payment in full. Should be a lot of ink spilled over how this will all shake out.
Re: 11/03/2017 Live Update
Posted: Fri Nov 03, 2017 1:53 pm
by Trades with cats
Air is getting pretty thin up here. Need some Central Bank oxygen!
Re: 11/03/2017 Live Update
Posted: Fri Nov 03, 2017 1:58 pm
by te_fern
Getting close to the all time high from 2 days ago on the SPX...
Re: 11/03/2017 Live Update
Posted: Fri Nov 03, 2017 2:01 pm
by te_fern
Semi's have had some volatilty in the last 30 minutes...
Re: 11/03/2017 Live Update
Posted: Fri Nov 03, 2017 2:15 pm
by Al_Dente
“On November 8th, 2017 the Intercontinental Exchange (ICE) will launch the
NYSE FANG PLUS Index. The term FANG was coined earlier this year after popular tech stocks Facebook, Amazon, Netflix and Google.
ICE has added Apple, Baidu, Alibaba, Twitter, Tesla and Nvidia to the Index. This index will be
equal weighted, meaning every stock in the NYSE FANG PLUS Index has the same weight, regardless of market capitalization of each individual company…. The initial margin will be $6160, which enables a very aggressive investor to take advantage of the leverage that this contract presents. Conversely, a conservative trader … can…......”
https://www.insidefutures.com/article/2 ... Index.html
Re: 11/03/2017 Live Update
Posted: Fri Nov 03, 2017 2:27 pm
by te_fern
Looks like we're there. Double top or new highs. Not placing any bets on either right now....
Re: 11/03/2017 Live Update
Posted: Fri Nov 03, 2017 2:32 pm
by Trades with cats
Expect we close close to this level. At 20 day Average Daily Range high. Friday afternoon, all major news is over (Fed Chair, Payrolls, Apple earnings) so I think we wait for something next week. Good weekend to see all the pro's come up with targets. So far today I have seen Elliot Wave and a separate Fib extensions and I am sure there will be several more by Monday.
Re: 11/03/2017 Live Update
Posted: Fri Nov 03, 2017 2:41 pm
by te_fern
First pullback...
Re: 11/03/2017 Live Update
Posted: Fri Nov 03, 2017 2:47 pm
by Cobra
the pullback will be bought.
Re: 11/03/2017 Live Update
Posted: Fri Nov 03, 2017 2:59 pm
by te_fern
Levered smalls doing nothing.....
Re: 11/03/2017 Live Update
Posted: Fri Nov 03, 2017 3:02 pm
by Al_Dente
HAPPY HOUR
Re: 11/03/2017 Live Update
Posted: Fri Nov 03, 2017 3:52 pm
by Cobra
Re: 11/03/2017 Live Update
Posted: Fri Nov 03, 2017 3:54 pm
by Cobra
well, guess that's it for today. Monday has been bull friendly but mixed recently. thank you guys, I'll see you in another thread soon.
before the close, please take a little time to vote for me, thanks.
https://stockcharts.com/public/1684859/tenpp