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01/04/2018 Live Update

Re: 01/04/2018 Live Update

Postby Trades with cats » Thu Jan 04, 2018 2:09 pm

ES filling in volume profile between POC and Median. Will need my no-doz pills. NQ testing yesterday's high from above while the small caps do the same from below so that counts as consensus doesn't it? :)
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Re: 01/04/2018 Live Update

Postby fehro » Thu Jan 04, 2018 2:12 pm

Anatomy Of A Crypto-Nightmare: Ripple CEO Is Now Richer Than Zuckerberg

Ripple's CEO is now the 5th richest man in the world...

https://www.zerohedge.com/news/2018-01-04/anatomy-crypto-nightmare-ripple-ceo-now-richer-zuckerberg
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Re: 01/04/2018 Live Update

Postby Daniel » Thu Jan 04, 2018 2:17 pm

So far, SPY is above its daily VWAP, IWM is at it, QQQ is below.
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Re: 01/04/2018 Live Update

Postby fehro » Thu Jan 04, 2018 2:24 pm

fehro wrote:mind AAPL sitting on edge of cliff.. 20d SMA, H&S.. if LOD and yLOD go with conviction 172.23 20d 170.51 50d



QQQ nLOD going for gap fill.. mind AAPL.. it goes indexes "could" get messy
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Re: 01/04/2018 Live Update

Postby Trades with cats » Thu Jan 04, 2018 2:31 pm

I remember when Nippon Telephone was worth more than the entire US S&P 500. The trick is turning that "paper wealth" into cash! Yet another reason why these crypto's look more like penny stocks or dot.com bubble stocks at this time.

Apparently the normal rules for market makers don't apply to the cryptos so the world's largest holder can also be the major market maker. Talk about temptation on a silver platter.

Not trying to be a Luddite but there are just a lot of problems with these things that haven't been resolved.
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Re: 01/04/2018 Live Update

Postby Trades with cats » Thu Jan 04, 2018 2:34 pm

NQ 03-18 (650 Tick) 2018_01_04.png

Can you say rounded top for Tech/
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Re: 01/04/2018 Live Update

Postby Al_Dente » Thu Jan 04, 2018 2:43 pm

Al_Dente wrote:NY advancing stocks = 1.53 x declining stocks
NY advancing volume = 1.48 x declining volume
Bulls better get going if they want to hold onto this triple-digit up day
Expect chop at this point in the AD

NY advancing stocks = 1.8 x declining stocks
NY advancing volume = 1.8 x declining volume
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Re: 01/04/2018 Live Update

Postby Trades with cats » Thu Jan 04, 2018 2:57 pm

Who didn't see this coming- Senator Cory Gardner (R Colorado) has told Attorney General Sessions he will block all DOJ nominations unless Sessions backs down on weed.
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Re: 01/04/2018 Live Update

Postby te_fern » Thu Jan 04, 2018 3:01 pm

Levered smalls back tested the box and now it heading higher. Can it make a higher high for the day??
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Re: 01/04/2018 Live Update

Postby Junior Buffett » Thu Jan 04, 2018 3:17 pm

Trades with cats wrote:I remember when Nippon Telephone was worth more than the entire US S&P 500. The trick is turning that "paper wealth" into cash! Yet another reason why these crypto's look more like penny stocks or dot.com bubble stocks at this time.

Apparently the normal rules for market makers don't apply to the cryptos so the world's largest holder can also be the major market maker. Talk about temptation on a silver platter.

Not trying to be a Luddite but there are just a lot of problems with these things that haven't been resolved.


I have many friends with the Crypto holding but yet to find single one who has cashed and bought a Ferrari! LOL
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Re: 01/04/2018 Live Update

Postby brokebybernacke2 » Thu Jan 04, 2018 3:20 pm

Trades with cats wrote:
NQ 03-18 (650 Tick) 2018_01_04.png

Can you say rounded top for Tech/


"rounded top for tech " :D
the rotation from tech to value continues quietly...lots of FANG in top 5 holdings in just about every managed portfolio...
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Re: 01/04/2018 Live Update

Postby K447 » Thu Jan 04, 2018 3:29 pm

Junior Buffett wrote:
Trades with cats wrote:... The trick is turning that "paper wealth" into cash! Yet another reason why these crypto's look more like penny stocks or dot.com bubble stocks at this time.

... there are just a lot of problems with these things that haven't been resolved.


I have many friends with the Crypto holding but yet to find single one who has cashed and bought a Ferrari! LOL
A friend was telling about his relative who had mined for years and was holding some 50,000+ bitcoin. Starting around November they began working to sell them off.

Turns out that they had to hustle to unload them - 1, 2, 3 at a time. Took ages to clear transactions and actually get real money extracted, per bitcoin. My understanding is that at year end they were still chipping away at their bitcoin pile...
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Re: 01/04/2018 Live Update

Postby fehro » Thu Jan 04, 2018 3:45 pm

At 1:04 p.m. in New York, trading in S&P 500 stocks was 24 percent above the 30-day average at this time of day. Since 2008, daily transactions over the first five sessions of a year increased about 9 percent on average from the previous month,

https://www.bloomberg.com//news/articles/2018-01-04/bombogenesis-no-match-for-stock-market-optimism-as-volume-soars
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Re: 01/04/2018 Live Update

Postby Junior Buffett » Thu Jan 04, 2018 3:54 pm

K447 wrote:
Junior Buffett wrote:
Trades with cats wrote:... The trick is turning that "paper wealth" into cash! Yet another reason why these crypto's look more like penny stocks or dot.com bubble stocks at this time.

... there are just a lot of problems with these things that haven't been resolved.


I have many friends with the Crypto holding but yet to find single one who has cashed and bought a Ferrari! LOL
A friend was telling about his relative who had mined for years and was holding some 50,000+ bitcoin. Starting around November they began working to sell them off.

Turns out that they had to hustle to unload them - 1, 2, 3 at a time. Took ages to clear transactions and actually get real money extracted, per bitcoin. My understanding is that at year end they were still chipping away at their bitcoin pile...


That is the problem on top of waiting for days to get confirmation. 2 way verification of your identity before they transfer the money to your bank account. Bitsamps or some other exchanges are already asking your personal information at the time of registration and that with the policy of reporting your transactions to the Income tax dept of USA!
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Re: 01/04/2018 Live Update

Postby Shaishen » Thu Jan 04, 2018 4:00 pm

Trades with cats wrote:
...there are just a lot of problems with these things that haven't been resolved.


Isn't that what creates opportunity?

.
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Re: 01/04/2018 Live Update

Postby Al_Dente » Thu Jan 04, 2018 4:03 pm

HAPPY HOUR
cat pinata.png.png
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Re: 01/04/2018 Live Update

Postby fehro » Thu Jan 04, 2018 4:06 pm

nibble QQQ P lottos otms. lookin for gap fill tomorrow :roll:
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Re: 01/04/2018 Live Update

Postby Shaishen » Thu Jan 04, 2018 4:12 pm

K447 wrote:
Junior Buffett wrote:
Trades with cats wrote:... The trick is turning that "paper wealth" into cash! Yet another reason why these crypto's look more like penny stocks or dot.com bubble stocks at this time.

... there are just a lot of problems with these things that haven't been resolved.


I have many friends with the Crypto holding but yet to find single one who has cashed and bought a Ferrari! LOL
A friend was telling about his relative who had mined for years and was holding some 50,000+ bitcoin. Starting around November they began working to sell them off.

Turns out that they had to hustle to unload them - 1, 2, 3 at a time. Took ages to clear transactions and actually get real money extracted, per bitcoin. My understanding is that at year end they were still chipping away at their bitcoin pile...


50K btc and still chipping away? a nice problem to have - he must be on that list:

https://bitinfocharts.com/top-100-riche ... esses.html

You guys are still in the wrong mindset - as long as you think in terms of "get real money extracted"

About the verification, I guess if you want to play it is part of the admission ticket. Not much different than opening a trading account.

...and it's a LAMBO among cryptonians not Ferrari :shock:


.
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Re: 01/04/2018 Live Update

Postby Trades with cats » Thu Jan 04, 2018 4:13 pm

And there goes the ES back below VWAP and the Mid after 3 hours of nothing. Selloff into the close perhaps.
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Re: 01/04/2018 Live Update

Postby te_fern » Thu Jan 04, 2018 4:14 pm

15 minute Gold is rallying higher....
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