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01/23/2018 Live Update

te_fern
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Re: 01/23/2018 Live Update

Post by te_fern »

One lesson I need to learn is to just move my stop loss up or use a trailing stop instead of just selling. At least I did have a stop loss on! LOL!!
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te_fern
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Re: 01/23/2018 Live Update

Post by te_fern »

SPX - Resistance Pivot #1 is still holding the SPX back....
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Trades with cats
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Re: 01/23/2018 Live Update

Post by Trades with cats »

yea, ES can't sustaine trading above the overnight high/opening range. But it doesn't seem to go below VWAP for long, so sort of stuck in the upper part of the range. maybe the market needs more E-trade types to get a paycheck? :lol:
Trades with cats
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Re: 01/23/2018 Live Update

Post by Trades with cats »

Really! You have to be kidding, but no it is true. Zerohedge showing the bloomberg charts, Trump's Nafta tweet (talks going well) is what triggered the algos for the last run up as well as moving several currency markets.
Trades with cats
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Re: 01/23/2018 Live Update

Post by Trades with cats »

The 9:49 AM Renko impulse down was 9.5 ES points. The post Trump Tweet one we are currently in is at 6.25 points so far and looking like it could be over.
te_fern
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Re: 01/23/2018 Live Update

Post by te_fern »

TICKs still hanging tough....
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brokebybernacke2
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Re: 01/23/2018 Live Update

Post by brokebybernacke2 »

Trades with cats wrote:Really! You have to be kidding, but no it is true. Zerohedge showing the bloomberg charts, Trump's Nafta tweet (talks going well) is what triggered the algos for the last run up as well as moving several currency markets.
everything poised to run higher, tax package make all earning outlooks rosier, tweets make computers buy....it will be a sudden shock from left field in order to knock this bull off its feet.
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Al_Dente
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Re: 01/23/2018 Live Update

Post by Al_Dente »

HAPPY HOUR:
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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: 01/23/2018 Live Update

Post by Al_Dente »

Notable earnings reports due:
Today after the close: TXN
Wed 1/24: before the open: NSC, CMCSA, GE, and after the close: F, LM, RJF, XLNX

If tax reform were causing equity strength, the best-performing areas would look different than they do now…… it’s good old-fashioned earnings growth and economic expansion that are driving record gains. [Credit Suisse]

Note dow stocks JNJ and PG down sharply on reaction to this morning’s earnings report
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
te_fern
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Re: 01/23/2018 Live Update

Post by te_fern »

Well, the Gold Miners got some life this afternoon. Went thru the bottom of the box this morning and is zooming above the box this afternoon!!
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Al_Dente
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Re: 01/23/2018 Live Update

Post by Al_Dente »

SPY is 25 years old
“If one were to have bought and held the SPY from its first day of trading onward, they would have seen a return of about 970% on a total return basis. That period includes both the bursting of the dot-com bubble and the financial crisis, both of which have depressed long-term average gains.”
Happy Birthday, and history:
https://screener.fidelity.com/ftgw/etf/ ... _SVC000171
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Cobra
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Re: 01/23/2018 Live Update

Post by Cobra »

bias still is up.
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Cobra
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Re: 01/23/2018 Live Update

Post by Cobra »


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Al_Dente
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Re: 01/23/2018 Live Update

Post by Al_Dente »

Just what we need: more leverage:
+3x and -3x the fang stocks
I don’t have symbols yet
A pair of exchange-traded notes will debut on Tuesday that offer triple-leveraged exposure to large-capitalization technology and internet names.
The BMO REX MicroSectors FANG+ Index 3X Leveraged ETN tracks an index of 10 stocks, returning 300% of the index's daily move.
Another fund, the BMO REX MicroSectors FANG+ Index -3X Inverse Leveraged ETN , is an inverse leveraged note on the same theme.
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Cobra
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Re: 01/23/2018 Live Update

Post by Cobra »

well, guess that's it for today. Wednesday tomorrow favors bears in general recently. thank you guys, I'll see you tomorrow.

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