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02/01/2018 Live Update

Re: 02/01/2018 Live Update

Postby Al_Dente » Thu Feb 01, 2018 11:46 am

january performance
21SAVE jan perf.png.png
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Re: 02/01/2018 Live Update

Postby Trades with cats » Thu Feb 01, 2018 11:57 am

Thanks Boss, never would have thought cyclicals.
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Re: 02/01/2018 Live Update

Postby fehro » Thu Feb 01, 2018 12:10 pm

Ready for the big AAPL move , earning move? 60m/5m… on the edge of cliff.. seems "doubtful" of a big move prior to earnings.
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Re: 02/01/2018 Live Update

Postby fehro » Thu Feb 01, 2018 12:11 pm

Ready for the big AAPL move , earning move? 60m/5m… on the edge of cliff.. seems "doubtful" of a big move prior to earnings.
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Re: 02/01/2018 Live Update

Postby Al_Dente » Thu Feb 01, 2018 12:11 pm

Trades with cats wrote:Thanks Boss, never would have thought cyclicals.

it's AMZN et. al.
If i substitute equal-weight RCD instead of XLY i get:
+4.05% RCD compared to +7.61% XLY
:D
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Re: 02/01/2018 Live Update

Postby Trades with cats » Thu Feb 01, 2018 12:22 pm

Holy Prime Batman! Coolbizone, who has been mostly long Amazon for years blasted this out on twitter this morning "Expect AMZN to have a corrective sell of to 1390-1350 area in coming weeks from yesterday's high of 1472.58. 1460 must not be breached."
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Re: 02/01/2018 Live Update

Postby Al_Dente » Thu Feb 01, 2018 12:33 pm

In fact, if i run the same thing using ALL EQUAL WEIGHT, we get quite a different picture
(sorry, it's off one day, i couldn't get it perfect)

SAVE ew january.png.png
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Re: 02/01/2018 Live Update

Postby Trades with cats » Thu Feb 01, 2018 12:39 pm

What a non-surprise, we hit the critical 2827 upside target on a run that begins with the close of the european markets. ES 2827.50 yesterday's VWAP and today's Pivot Point. So if it holds, bulls in charge.
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Re: 02/01/2018 Live Update

Postby Trades with cats » Thu Feb 01, 2018 12:40 pm

Ha Ha, gravestone doji resting on yesterday's close on my tick chart.
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Re: 02/01/2018 Live Update

Postby Cobra » Thu Feb 01, 2018 1:02 pm


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Re: 02/01/2018 Live Update

Postby fehro » Thu Feb 01, 2018 1:18 pm

https://www.zerohedge.com/news/2018-02-01/bridgewater-unveils-its-biggest-short-years

Fast forward to today when just one month before Italy's elections - which the broader market stubbornly refuses to acknowledge are a risk factor - Bridgewater has tripled down on its bearish bets against Italian banks and insurers, making the position the largest short carried by the world's biggest hedge fund in years, if not ever.

Could be a huge catalyst in the USdollar /Euro .. those Italian elections.. fwiw .. ad per usual.. mind your gold/oil :roll:
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Re: 02/01/2018 Live Update

Postby Cobra » Thu Feb 01, 2018 1:20 pm

this bull shall have legs.
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Re: 02/01/2018 Live Update

Postby Al_Dente » Thu Feb 01, 2018 1:41 pm

RELATIVE STRENGTH, ROTATION
SHORT TERM
This leaves only QQQ and financials supporting spy
people, people, come on, is that the best you can do bulls? …… get going already … sheeesh…

21rotation.png
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Re: 02/01/2018 Live Update

Postby Al_Dente » Thu Feb 01, 2018 1:56 pm

AD
The Emperor has no clothes
AD 1-to-1 just means it's a very very narrow, not a broad based rally
Not nearly enough to support a triple digit dow +129 points. Rumor has it they are considering re-naming The Dow "The Boeing" :roll:
1min
21ad.png.png
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Re: 02/01/2018 Live Update

Postby Al_Dente » Thu Feb 01, 2018 2:01 pm

In all fairness, the drug dealer PFE is the strongest % in the dow today
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Re: 02/01/2018 Live Update

Postby fehro » Thu Feb 01, 2018 2:32 pm

Furthermore, Goldman is "also initiating a new 2018 top trade and recommending a long 6-month call option on the S&P GSCI excess return index struck 5% out of the money." With a cost of 2.3%, the breakeven is a 7.3% return with a 4.4 to 1 expected payout based upon our 6-month return forecast of 15%.

Translation: Goldman's prop desk is now aggressively selling commodity upside exposure to clients, which means that by definition, Goldman is turning bearish on commodities


https://www.zerohedge.com/news/2018-02-01/introducing-3r-why-goldman-thinks-oil-going-82

GS target for /CL is $82
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Re: 02/01/2018 Live Update

Postby Trades with cats » Thu Feb 01, 2018 2:47 pm

Couldn't go any higher so maybe time for the downside again.
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Re: 02/01/2018 Live Update

Postby fehro » Thu Feb 01, 2018 2:49 pm

Trades with cats wrote:Holy Prime Batman! Coolbizone, who has been mostly long Amazon for years blasted this out on twitter this morning "Expect AMZN to have a corrective sell of to 1390-1350 area in coming weeks from yesterday's high of 1472.58. 1460 must not be breached."


Among the most widely held February options that expire Friday, there are almost 4 times the amount of calls held by investors than puts, :shock: indicating a continued bullish setup into the fourth-quarter earnings announcement, despite implied volatility nearing the 100th percentile.



https://www.bloomberg.com//news/articles/2018-02-01/bearish-amazon-options-sell-at-discount-prices-before-earnings
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Re: 02/01/2018 Live Update

Postby brokebybernacke2 » Thu Feb 01, 2018 2:55 pm

IHS forming..
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Re: 02/01/2018 Live Update

Postby fehro » Thu Feb 01, 2018 3:06 pm

brokebybernacke2 wrote:IHS forming..


fwiw mind the "possible" H&S on the 60m
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