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01/12/2018 Live Update

Re: 01/12/2018 Live Update

Postby Daniel » Fri Jan 12, 2018 4:18 pm

Cobra wrote:I have a dream.

A 20 cent move in spy, that is indeed an audacious dream Cobra da.

:)
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Re: 01/12/2018 Live Update

Postby Daniel » Fri Jan 12, 2018 4:20 pm

Daily VWAP on SPY is about 277.42 now... earlier, at about 11am, VWAP was tagged and it held, and addl gains were registered. Price is currently holding just above.
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Re: 01/12/2018 Live Update

Postby Trades with cats » Fri Jan 12, 2018 4:21 pm

So far just what you would expect. Can't go higher so it drops, but only to the current day median, (1.5 above VWAP) now a quick move back to Point of Control (todays most common price). then we will see, I would expect a drop at least to VWAP.
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Re: 01/12/2018 Live Update

Postby Daniel » Fri Jan 12, 2018 4:43 pm

XLF, XBD, DJT fresh 52 wk highs here.
update: SPY, EEM,FXI as well
Last edited by Daniel on Fri Jan 12, 2018 4:47 pm, edited 1 time in total.
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Re: 01/12/2018 Live Update

Postby Al_Dente » Fri Jan 12, 2018 4:44 pm

Read:
"Fed Paid $29.3 Billion To Banks 'Not' To Lend In 2017; Gave $80 Billion To Treasury"
https://www.zerohedge.com/news/2018-01- ... n-treasury
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Re: 01/12/2018 Live Update

Postby Trades with cats » Fri Jan 12, 2018 4:47 pm

Starting earnings season. Record buyback cash was authorized. Rocket fuel. Soon we hit the 30 day blackout for the major buyback companies, rally runs out of fuel we get pull back. Rinse, wash and repeat.

In the meantime once again, like yesterday, they are buying into the close. :D
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Re: 01/12/2018 Live Update

Postby Trades with cats » Fri Jan 12, 2018 4:49 pm

Al_Dente wrote:Read:
"Fed Paid $29.3 Billion To Banks 'Not' To Lend In 2017; Gave $80 Billion To Treasury"
https://www.zerohedge.com/news/2018-01- ... n-treasury

So chart from different source this week shows Banks return on Fed deposits has more than doubled in two years so they have raised the average payout to retail by 0.01%. Now who can explain why financials are leading this move? :evil: :lol:
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Re: 01/12/2018 Live Update

Postby te_fern » Fri Jan 12, 2018 4:50 pm

Pasta Boss, I'm ready for the end of the day readings! :D :D

One other thing, the bond futures close at 3:00 EST since they are in Chicago. So, the heavy trading in that market occurs an hour earlier.
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Re: 01/12/2018 Live Update

Postby Daniel » Fri Jan 12, 2018 4:50 pm

TLT holding well, w higher highs/lows since the opening gap down low on Wed morning.
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Re: 01/12/2018 Live Update

Postby Cobra » Fri Jan 12, 2018 4:52 pm


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Re: 01/12/2018 Live Update

Postby Trades with cats » Fri Jan 12, 2018 4:52 pm

This closing spike high will be re-considered on Sunday evening, I for one will be watching. For the stock charts crowd without futures FINVIZ.com is free set the time for 5 minutes on their futures heat map. Pasta Boss has posted it here many times. Also my go to site for currency as I do not have a currency pairs feed.
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Re: 01/12/2018 Live Update

Postby Cobra » Fri Jan 12, 2018 4:55 pm

well, guess that's it for today. Tuesday has been mixed. 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
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