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01/17/2018 Live Update

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Al_Dente
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Re: 01/17/2018 Live Update

Post by Al_Dente »

"Apple, already the largest US taxpayer, anticipates repatriation tax payments of approximately $38 billion as required by recent changes to the tax law. A payment of that size would likely be the largest of its kind ever made."
Apple press release:
https://www.apple.com/newsroom/2018/01/ ... -creation/
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Trades with cats
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Re: 01/17/2018 Live Update

Post by Trades with cats »

Algos or some really fast traders jumping on small caps as the Fed Beige Book comes out. On paper Zerohedge would call this a short squeeze to force new highs.
QED
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Re: 01/17/2018 Live Update

Post by QED »

Excellent StockCharts webinar today where guest Tom McClellan discusses the McClellan Oscillator (starting about the 16 minute mark).
Today’s replay (January 17th): https://stockcharts.com/webinars/tv.html

He also has a VERY interesting take on the Commitment of Traders with regards to eurodollar futures, and how it may remarkably predict market direction a year in advance.
Last edited by QED on Wed Jan 17, 2018 4:31 pm, edited 1 time in total.
brokebybernacke2
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Re: 01/17/2018 Live Update

Post by brokebybernacke2 »

well, bears last stand for today, hold the 88.6 or wait till next week. need unhappy hour vix for this to happen.
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Al_Dente
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Re: 01/17/2018 Live Update

Post by Al_Dente »

HAPPY HOUR
Image
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
te_fern
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Re: 01/17/2018 Live Update

Post by te_fern »

So much for a sideways day, I go away for a meeting and you guys push the SPX up over 20 points!! LOL!
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te_fern
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Re: 01/17/2018 Live Update

Post by te_fern »

Thinking about whether this is enough of a pullback...
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Cobra
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Re: 01/17/2018 Live Update

Post by Cobra »

1st test of ema20 in many many hours so could be some buyers here.
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Trades with cats
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Re: 01/17/2018 Live Update

Post by Trades with cats »

Small caps just don't seem to catch that market euphoria like the techs and the S&P
te_fern
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Re: 01/17/2018 Live Update

Post by te_fern »

Trades with cats wrote:Small caps just don't seem to catch that market euphoria like the techs and the S&P
Your right about that!! :D
This is not investment or trade advice.
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Cobra
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Re: 01/17/2018 Live Update

Post by Cobra »


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Cobra
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Re: 01/17/2018 Live Update

Post by Cobra »

well, guess that's it for today. Thursday tomorrow has been bull friendly recently. thank you guys, I'll see you tomorrow.

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