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Re: 12/06/2017 Live Update

PostPosted: Wed Dec 06, 2017 12:41 pm
by fehro
Daniel wrote:EEM fresh 20day low this AM. Donchian sell signal! :|


[url]http://www.zerohedge.com/news/2017-12-06/emerging-markets-about-“sub-merge”[/url]

Re: 12/06/2017 Live Update

PostPosted: Wed Dec 06, 2017 12:42 pm
by fehro
https://www.bloomberg.com//news/articles/2017-12-06/libor-s-climb-to-almost-decade-high-shouldn-t-be-overlooked

“Please don’t estimate the impact of a lower corporate tax rate and assume all else equal,” Peter Boockvar, chief market analyst at Lindsey Group, wrote in a note Wednesday. “A 1.5 percent Libor rate is obviously very low, but the rise in rates is happening on a historically large pool of debt.”

Re: 12/06/2017 Live Update

PostPosted: Wed Dec 06, 2017 1:04 pm
by Cobra

Re: 12/06/2017 Live Update

PostPosted: Wed Dec 06, 2017 1:08 pm
by Al_Dente
some sectors, TWO DAYS ONLY
most all are below the 20dma (blue ma)
except defensive: staples and utilities and treasurys

126sectors.png.png

Re: 12/06/2017 Live Update

PostPosted: Wed Dec 06, 2017 1:39 pm
by Shaishen
Make sure you leave some "breathing room" for your stops when trading cryptos :shock:

Re: 12/06/2017 Live Update

PostPosted: Wed Dec 06, 2017 1:47 pm
by Daniel
Daniel wrote:After much agitation, the VIX has becalmed around the 11--11.5 range, these past few hourly bars.

..still the case, last reading ca. 11.35

TLT fresh 20day high, Donchian buy signal! IYR continues on its recent 20day low sell signal.

Re: 12/06/2017 Live Update

PostPosted: Wed Dec 06, 2017 1:52 pm
by Cobra
possible higher low, if we see strong push up then the low was in. key time.

Re: 12/06/2017 Live Update

PostPosted: Wed Dec 06, 2017 1:54 pm
by Daniel
The recently hot transports seem to be stabilizing. AM session RS laggard, but now gaining steadily in RS thru the day. One of the few sectors moving from early pressing of lows to now near an intraday high.

XHB, IBB lod

Re: 12/06/2017 Live Update

PostPosted: Wed Dec 06, 2017 2:26 pm
by te_fern
Still going sideways...

Re: 12/06/2017 Live Update

PostPosted: Wed Dec 06, 2017 2:36 pm
by te_fern
Little movement higher....

Re: 12/06/2017 Live Update

PostPosted: Wed Dec 06, 2017 2:49 pm
by Al_Dente
QQQ trying to bounce
this is the 100 QQQ sorted by the best greens intraday

126qqq.png.png

Re: 12/06/2017 Live Update

PostPosted: Wed Dec 06, 2017 2:57 pm
by Daniel
Al_Dente wrote:QQQ trying to bounce

VXN lod!

Re: 12/06/2017 Live Update

PostPosted: Wed Dec 06, 2017 2:58 pm
by Al_Dente
WTF
Tax bill: gov will force you to sell FIFO [first in, first out]
eg: you sell some of your AAPL. Gov says u have to sell the 1992 lot u bought at $1, NOT the lot u bought this year or a while back…
[just heard on Bloomberg]

Re: 12/06/2017 Live Update

PostPosted: Wed Dec 06, 2017 3:01 pm
by Daniel
IWM rejected at the (downslope) 15min 20ema

Re: 12/06/2017 Live Update

PostPosted: Wed Dec 06, 2017 3:05 pm
by Trades with cats
If FIFO stays then we could get a lot of tax selling and charity donations end of the month from the specific share identification crowd. No holiday for the tax accountants this year!

Re: 12/06/2017 Live Update

PostPosted: Wed Dec 06, 2017 3:10 pm
by Al_Dente
hey hey
first time in three days
SMALLS
higher low, higher low, higher high, higher high :shock:

Re: 12/06/2017 Live Update

PostPosted: Wed Dec 06, 2017 3:11 pm
by Daniel
Naz advancers at a low level today, but also just off the hod.

IBB showing great resilience-- well off the earlier lod.

Re: 12/06/2017 Live Update

PostPosted: Wed Dec 06, 2017 3:14 pm
by te_fern
Line is proving to be resistance for now....

Re: 12/06/2017 Live Update

PostPosted: Wed Dec 06, 2017 3:16 pm
by te_fern
Al_Dente wrote:hey hey
first time in three days
SMALLS
higher low, higher low, higher high, higher high :shock:


Looks like several ETF's are making a bottom today!! Waiting on some buy signals!!

Re: 12/06/2017 Live Update

PostPosted: Wed Dec 06, 2017 3:28 pm
by Al_Dente
te_fern wrote:
Al_Dente wrote:hey hey
first time in three days
SMALLS
higher low, higher low, higher high, higher high :shock:


Looks like several ETF's are making a bottom today!! Waiting on some buy signals!!

yeah, i'm getting sell signal on smalls already, intraday, dang