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12/18/2017 Live Update

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Cobra
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12/18/2017 Live Update

Post by Cobra »

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this bull shall have legs.
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Cobra
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Re: 12/18/2017 Live Update

Post by Cobra »


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Trades with cats
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Re: 12/18/2017 Live Update

Post by Trades with cats »

Consolidating-buckle up!
fehro
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Re: 12/18/2017 Live Update

Post by fehro »

someone is a little nervous
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Trades with cats
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Re: 12/18/2017 Live Update

Post by Trades with cats »

ES 03-18 (2 BetterRenko(17)) 2017_12_18.png
I updated mu Renko chart this weekend by adding the daily median price . That is the bright turquoise dash dot tracking right below VWAP. I also swithched out the deviation bands for the Median version as they look to track price a bit better.
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Cobra
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Re: 12/18/2017 Live Update

Post by Cobra »


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Trades with cats
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Re: 12/18/2017 Live Update

Post by Trades with cats »

ES has this HUGELY important PsyOps target of 2,700 and all that is happening is consolidation. Can't someone re-broadcast Rubio says yes! :lol:
te_fern
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Re: 12/18/2017 Live Update

Post by te_fern »

The TICKs look strong this morning....
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This is not investment or trade advice.
fehro
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Re: 12/18/2017 Live Update

Post by fehro »

fehro wrote:someone is a little nervous
Put/Call at extremes 0.65/Equities 0.57
te_fern
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Re: 12/18/2017 Live Update

Post by te_fern »

Will the VWAP provide support on the smalls??
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TNA.PNG
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Al_Dente
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Re: 12/18/2017 Live Update

Post by Al_Dente »

[source: Market Watch, and others]
Share buyback announcements:
BAC said it would buy back up to $5 billion of its shares
BA up to $18 billion of its stock
HD up to $15 billion of its shares
JCI added $1 billion to its plan
TMUS up to $1.5 billion of its stock
CIEN up to $300 million of shares
MSG set a $150 million buyback program
HUM announced a plan for up to $3 billion
HON has an $8 billion plan
TRN has an $500 million plan.
K (Kellogg just announced Friday: up to $1.5 billion, “from January 1, 2018, through December 31, 2019.”)
[Pasta here: I am sure there are many more to add to this list]
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Daniel
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Re: 12/18/2017 Live Update

Post by Daniel »

At the OR-60, virtually every sector I track is in the upper half of its intraday range.
Daniel
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Re: 12/18/2017 Live Update

Post by Daniel »

UUP however is testing an 8-day low.

..another weak dog is IBB, close to a LOD. Many sectors hitting HOD here, transports especially.
Last edited by Daniel on Mon Dec 18, 2017 11:42 am, edited 1 time in total.
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Al_Dente
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Re: 12/18/2017 Live Update

Post by Al_Dente »

Bottom panel: after being in the dumpster most of the month, the small caps (cyan) are starting to outperform the large caps (black)
60 min
1218sml cap outprform.png.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Al_Dente
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Re: 12/18/2017 Live Update

Post by Al_Dente »

2y Treasury yield is now above the S&P dividend yield for first time in decade
https://pbs.twimg.com/media/DRG4VxmUIAAeShH.jpg
[Schwab, Dec 15]
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
te_fern
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Re: 12/18/2017 Live Update

Post by te_fern »

Al_Dente wrote:2y Treasury yield is now above the S&P dividend yield for first time in decade
https://pbs.twimg.com/media/DRG4VxmUIAAeShH.jpg
[Schwab, Dec 15]
Eventually higher interest rates and an inverted curve will do in the stock market....
This is not investment or trade advice.
te_fern
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Re: 12/18/2017 Live Update

Post by te_fern »

Though we're not inverted yet...
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te_fern
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Re: 12/18/2017 Live Update

Post by te_fern »

You can go a year or more inverted before the market starts down, but does the inversion does seem to contribute....
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Al_Dente
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Re: 12/18/2017 Live Update

Post by Al_Dente »

ATH:
XLV healthcare
XLY discretionary
XLP staples
SPY
RSP (the equal-weighted spy)
QQQ
AAPL
IYT trans
and more
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Trades with cats
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Re: 12/18/2017 Live Update

Post by Trades with cats »

Waiting for London/Frankfurt to close, maybe then we can move out of this tight little range.
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