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12/05/2017 Live Update

PostPosted: Tue Dec 05, 2017 10:23 am
by Cobra
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double bottom or not, wait and see.

Re: 12/05/2017 Live Update

PostPosted: Tue Dec 05, 2017 10:26 am
by Cobra

Re: 12/05/2017 Live Update

PostPosted: Tue Dec 05, 2017 10:41 am
by Daniel
Rotation back into QQQ is the story of the day for the first 15min bars...

Re: 12/05/2017 Live Update

PostPosted: Tue Dec 05, 2017 10:41 am
by JFR
Some opening craziness. Gap up on YM. Closed hard.
ES up and down.
NQ Open down a bit. Closed and running up.
Yee Haw ...

Re: 12/05/2017 Live Update

PostPosted: Tue Dec 05, 2017 10:46 am
by te_fern
Pretty quiet in SPX land....

Re: 12/05/2017 Live Update

PostPosted: Tue Dec 05, 2017 10:48 am
by Daniel
Daniel wrote:Rotation back into QQQ is the story of the day for the first 15min bars...

..QQQ now testing its (flattening) 15min 20ema from below

Re: 12/05/2017 Live Update

PostPosted: Tue Dec 05, 2017 10:51 am
by Daniel
JFR wrote:Some opening craziness. Yee Haw ...

What is this Yee Haw... some new chinese internet stock?

{Pleez, some professionalism if not outright shirt-and-tie. This is Investment World, not the rodeo.}
:D

Re: 12/05/2017 Live Update

PostPosted: Tue Dec 05, 2017 10:52 am
by te_fern
TICK is a ways from breaking over its MA lines... The Tick for Qs appears to be rolling over...

Re: 12/05/2017 Live Update

PostPosted: Tue Dec 05, 2017 10:54 am
by Trades with cats
ES 12-17 (1000 Tick) 2017_12_05.png

The overnight view. Both Hong Kong and London had nice run ups but no follow through. They project to 2648 which was a stable area yesterday afternoon. Opening range is tight, but my instinct tells me we need a day to digest.

Re: 12/05/2017 Live Update

PostPosted: Tue Dec 05, 2017 11:00 am
by Daniel
IYT just had 4 (!!) consecutive closes above its upper standard bollyband--ripe for shorting?

Re: 12/05/2017 Live Update

PostPosted: Tue Dec 05, 2017 11:01 am
by Cobra

Re: 12/05/2017 Live Update

PostPosted: Tue Dec 05, 2017 11:03 am
by Al_Dente
COOL TOY: Corporate Tax Calculator
Near the bottom, select your favorite stock or sector to see what it currently pays in taxes
https://graphics.wsj.com/marketwatch/20 ... ctor/SP621

Re: 12/05/2017 Live Update

PostPosted: Tue Dec 05, 2017 11:06 am
by Daniel
Semis (SMH) up 1 and 2/3 % since the open.

R2k/IWM now green

Re: 12/05/2017 Live Update

PostPosted: Tue Dec 05, 2017 11:11 am
by fehro
Daniel wrote:Semis (SMH) up 1 and 2/3 % since the open.


Mind the 20d SMA bounce/test… AAPL dangerous H&S 60m.. it goes down , market goes down

Re: 12/05/2017 Live Update

PostPosted: Tue Dec 05, 2017 11:15 am
by JFR
Daniel wrote:
JFR wrote:Some opening craziness. Yee Haw ...

What is this Yee Haw... some new chinese internet stock?

{Pleez, some professionalism if not outright shirt-and-tie. This is Investment World, not the rodeo.}
:D


You are very serious. Post a chart for professionalism. ;)

Re: 12/05/2017 Live Update

PostPosted: Tue Dec 05, 2017 11:16 am
by Trades with cats
Bitcoin Stating my bias up front. I think they are the new techno version of beany babies. I think the hype is over the top because it is new and the regulators haven't done their job. Think black net trading sites selling drugs etc.

If you insist on playing, the futures will require over $18,000 collateral. It will be interesting to see what the brokers demand for day trading. In stuff like the ES it is about 10% of the exchanges overnight level. Since they open Dec 18th, the Holiday slowdown could actually be very exciting.

Re: 12/05/2017 Live Update

PostPosted: Tue Dec 05, 2017 11:17 am
by Daniel
JFR wrote:
Daniel wrote:
JFR wrote:Some opening craziness. Yee Haw ...

What is this Yee Haw... some new chinese internet stock?

{Pleez, some professionalism if not outright shirt-and-tie. This is Investment World, not the rodeo.}
:D


You are very serious. Post a chart for professionalism. ;)


I have no such chart. But Cobra and Al Dente post some representative dog pictures around the 3 o'clock power hour... :geek: :mrgreen:

Re: 12/05/2017 Live Update

PostPosted: Tue Dec 05, 2017 11:19 am
by JFR
Daniel, the serious investor ... ;)

Re: 12/05/2017 Live Update

PostPosted: Tue Dec 05, 2017 11:20 am
by Trades with cats
For what it is worth Bloomberg article rehashed at Zerohedge pointed out that the tax bill makes all Corp filers subject to the 20% AMT which is supposed to explain the sell off in FANGS.

Re: 12/05/2017 Live Update

PostPosted: Tue Dec 05, 2017 11:21 am
by te_fern
Still nothing going on...