Trades with cats
Posts: 8656 Joined: Sat Oct 11, 2014 4:40 pm
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by Trades with cats » Fri Jan 26, 2018 2:38 pm
I think this what they call an unfair high or a weak high . You would expect to see some backing and filling around the holes in the price distribution chart.
Trades with cats
Posts: 8656 Joined: Sat Oct 11, 2014 4:40 pm
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by Trades with cats » Fri Jan 26, 2018 2:42 pm
Junior Buffett wrote: can someone please close the flood gate? This market is going up and up without any reason...this rate we will touch 3000 by first week of Feb!
Where did you say we were?
te_fern
Posts: 4018 Joined: Tue Nov 24, 2015 3:35 pm
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by te_fern » Fri Jan 26, 2018 2:49 pm
Continues to melt up...
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This is not investment or trade advice.
fehro
Posts: 22880 Joined: Fri Sep 02, 2011 2:06 pm
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by fehro » Fri Jan 26, 2018 2:52 pm
NDX pushes for 7000 just 15 points.. SPX INDU nATH TRANsports RUT lag
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te_fern
Posts: 4018 Joined: Tue Nov 24, 2015 3:35 pm
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by te_fern » Fri Jan 26, 2018 3:01 pm
Held my noise and bought some bios.... tight stop.
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This is not investment or trade advice.
Junior Buffett
Posts: 1089 Joined: Mon Apr 15, 2013 4:39 pm
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by Junior Buffett » Fri Jan 26, 2018 3:06 pm
Trades with cats wrote: stages_bubble.png
Junior Buffett wrote: can someone please close the flood gate? This market is going up and up without any reason...this rate we will touch 3000 by first week of Feb!
Where did you say we were?
Where in this graph we are currently trending? Delusional?
Al_Dente
Posts: 28535 Joined: Thu Jul 21, 2011 2:29 pm
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by Al_Dente » Fri Jan 26, 2018 3:09 pm
SPY = ATH
VIX futures traders (XIV) strongly disagree
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Cobra
Site Admin
Posts: 58538 Joined: Sat Feb 12, 2011 10:29 pm
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by Cobra » Fri Jan 26, 2018 3:14 pm
this bull shall have legs. unbelievable.
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Al_Dente
Posts: 28535 Joined: Thu Jul 21, 2011 2:29 pm
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by Al_Dente » Fri Jan 26, 2018 3:15 pm
QQQ is at or a few pennies away from ATH
QQQE (the equal-weighted QQQ) ATH
FDN (the fangs and big tech) ATH
APPL nope
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
fehro
Posts: 22880 Joined: Fri Sep 02, 2011 2:06 pm
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by fehro » Fri Jan 26, 2018 3:23 pm
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Al_Dente
Posts: 28535 Joined: Thu Jul 21, 2011 2:29 pm
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by Al_Dente » Fri Jan 26, 2018 3:30 pm
That triggered a breakdown on the little intraday box on GDX, NUGT
We’ll know soon enough if it’s a trap
1m
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
fehro
Posts: 22880 Joined: Fri Sep 02, 2011 2:06 pm
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by fehro » Fri Jan 26, 2018 3:34 pm
Al_Dente wrote: That triggered a breakdown on the little intraday box on GDX, NUGT
We’ll know soon enough if it’s a trap
1m
The attachment 126gdx box break.png.png is no longer available
careful of a weekend move on the dollar.. fwiw 30m DXY
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Al_Dente
Posts: 28535 Joined: Thu Jul 21, 2011 2:29 pm
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by Al_Dente » Fri Jan 26, 2018 3:58 pm
Week at a glance (~hour before the close)
Both aggressives and defensives are above the zero line this week... that’s a bit unusual…
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Al_Dente
Posts: 28535 Joined: Thu Jul 21, 2011 2:29 pm
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by Al_Dente » Fri Jan 26, 2018 3:58 pm
fehro wrote: Al_Dente wrote: That triggered a breakdown on the little intraday box on GDX, NUGT
We’ll know soon enough if it’s a trap
1m
126gdx box break.png.png
careful of a weekend move on the dollar.. fwiw 30m DXY
thanks boss
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Al_Dente
Posts: 28535 Joined: Thu Jul 21, 2011 2:29 pm
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by Al_Dente » Fri Jan 26, 2018 4:00 pm
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Just Trading
Posts: 14 Joined: Wed Mar 07, 2012 4:44 pm
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by Just Trading » Fri Jan 26, 2018 4:02 pm
Can anyone please offer an explanation for why the small cap has been underperforming lately? Thanks in advance.
Al_Dente
Posts: 28535 Joined: Thu Jul 21, 2011 2:29 pm
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by Al_Dente » Fri Jan 26, 2018 4:10 pm
Just Trading wrote: Can anyone please offer an explanation for why the small cap has been underperforming lately? Thanks in advance.
maybe concern about credit risk?
HYG
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Trades with cats
Posts: 8656 Joined: Sat Oct 11, 2014 4:40 pm
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by Trades with cats » Fri Jan 26, 2018 4:10 pm
Just Trading wrote: Can anyone please offer an explanation for why the small cap has been underperforming lately? Thanks in advance.
DXY. Fed rate policy. They don't sell 40% or more of their stuff overseas and they can't access bond markets with the same ease as Netflix or Apple.
Trades with cats
Posts: 8656 Joined: Sat Oct 11, 2014 4:40 pm
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by Trades with cats » Fri Jan 26, 2018 4:13 pm
Fear Of Missing Out gripping late day trading. Last half hour or so should be wild with ETFs and day traders looking to close their books.