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02/09/2018 Live Update

Re: 02/09/2018 Live Update

Postby Al_Dente » Fri Feb 09, 2018 3:51 pm

Thoughts On Dealing With Historically Abnormal Markets
Rob Hanna
http://quantifiableedges.com/thoughts-o ... l-markets/
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Re: 02/09/2018 Live Update

Postby fehro » Fri Feb 09, 2018 3:59 pm

fehro wrote:
Cobra wrote:the pullback should be bought.


very pretty ins H&S … HOD goes… insane crazy man's target is 267 SPY ;)
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Re: 02/09/2018 Live Update

Postby Al_Dente » Fri Feb 09, 2018 4:10 pm

Week at a glance (~hour before the close)

29glance.png.png
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Re: 02/09/2018 Live Update

Postby tonghu » Fri Feb 09, 2018 4:11 pm

what is the mkt doing here? :shock:
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Re: 02/09/2018 Live Update

Postby Trades with cats » Fri Feb 09, 2018 4:11 pm

Squeezed that tube of toothpaste dry. Back below yesterday's low/VWAP, looking to retake that ES 2565 down side target.
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Re: 02/09/2018 Live Update

Postby fehro » Fri Feb 09, 2018 4:14 pm

tonghu wrote:what is the mkt doing here? :shock:


bouncing off 200d SMAs.. bouncing.. short covering rally (profit taking before the weekend) .. just the usual stuff :roll: :lol:
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Re: 02/09/2018 Live Update

Postby Cobra » Fri Feb 09, 2018 4:15 pm

I have a dream.
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Re: 02/09/2018 Live Update

Postby brokebybernacke2 » Fri Feb 09, 2018 4:15 pm

fehro wrote:
fehro wrote:
Cobra wrote:the pullback should be bought.


very pretty ins H&S … HOD goes… insane crazy man's target is 267 SPY ;)


nice chart, give me 2600 maybe i entertain!
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Re: 02/09/2018 Live Update

Postby fehro » Fri Feb 09, 2018 4:20 pm

brokebybernacke2 wrote:
fehro wrote:
fehro wrote:
Cobra wrote:the pullback should be bought.


very pretty ins H&S … HOD goes… insane crazy man's target is 267 SPY ;)


nice chart, give me 2600 maybe i entertain!



couple scenarios stall here .. gap up Monday.. to 267.. or we go at eod to 264.. and make another larger invs H&S and then gap again monday.. with a higher target
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Re: 02/09/2018 Live Update

Postby brokebybernacke2 » Fri Feb 09, 2018 4:27 pm

fehro wrote:
brokebybernacke2 wrote:
fehro wrote:
fehro wrote:
Cobra wrote:the pullback should be bought.


very pretty ins H&S … HOD goes… insane crazy man's target is 267 SPY ;)


nice chart, give me 2600 maybe i entertain!



couple scenarios stall here .. gap up Monday.. to 267.. or we go at eod to 264.. and make another larger invs H&S and then gap again monday.. with a higher target


well, gotta see a pop here over 2600 in last 30 min and vix slam for a good Monday imo...inflation reports tues wed next week, if tepid, could give us higher ground for a bit...
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Re: 02/09/2018 Live Update

Postby Al_Dente » Fri Feb 09, 2018 4:28 pm

HEADLINES AT RANDOM:
“Don't freak out over the Dow
“Dow Stages Majestic 600 Plus Point Intra-Day Reversal
“Louise Yamada Says Too Soon for a Real Rally [edit: she is one of our highly respected gurus]
“Jitters On Wall Street: Stocks Change Direction Again
“Why Long-Term Investors Shouldn't Sweat the Stock Market Correction
“Dow briefly drops 500 points
“US markets turmoil: Why this is a correction and not a crash
“Why haven't the markets been halted amid this drop? They haven't fallen enough
“Dow travels 20,000 points in one of the wildest weeks since the financial crisis …(not a typo, and that’s CNBC, oy)

[edit:] here is louise:
https://www.bloomberg.com/news/videos/2 ... turn-video
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Re: 02/09/2018 Live Update

Postby Cobra » Fri Feb 09, 2018 4:35 pm


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Re: 02/09/2018 Live Update

Postby tonghu » Fri Feb 09, 2018 4:36 pm

fehro wrote:
tonghu wrote:what is the mkt doing here? :shock:


bouncing off 200d SMAs.. bouncing.. short covering rally (profit taking before the weekend) .. just the usual stuff :roll: :lol:



good, then go to the moon or the mars :D
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Re: 02/09/2018 Live Update

Postby Cobra » Fri Feb 09, 2018 4:52 pm


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Re: 02/09/2018 Live Update

Postby Cobra » Fri Feb 09, 2018 4:53 pm

well, guess that's it for today. Monday has been mixed. thank you guys, I'll see you in another thread soon.

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Re: 02/09/2018 Live Update

Postby Junior Buffett » Fri Feb 09, 2018 5:00 pm

fehro wrote:
brokebybernacke2 wrote:
fehro wrote:
fehro wrote:
Cobra wrote:the pullback should be bought.


very pretty ins H&S … HOD goes… insane crazy man's target is 267 SPY ;)


nice chart, give me 2600 maybe i entertain!



couple scenarios stall here .. gap up Monday.. to 267.. or we go at eod to 264.. and make another larger invs H&S and then gap again monday.. with a higher target


Great call again Fehro..you are turning into Nostradamus! ( I hope I spell right!) :D
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Re: 02/09/2018 Live Update

Postby fehro » Fri Feb 09, 2018 5:05 pm

tonghu wrote:
fehro wrote:
tonghu wrote:what is the mkt doing here? :shock:


bouncing off 200d SMAs.. bouncing.. short covering rally (profit taking before the weekend) .. just the usual stuff :roll: :lol:



good, then go to the moon or the mars :D


No.. be VERY careful on this bounce… we could see a very dangerous down move on the next leg down .. could take months. Need to see how we react higher up.. we stall.. and take this level out again .. look to SPX 2001- 2007 high 1550ish :roll:
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Re: 02/09/2018 Live Update

Postby tim-follows » Fri Feb 09, 2018 5:29 pm

Cobra wrote:I have a dream.


Cobra, our favorite kingsnake :)
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Re: 02/09/2018 Live Update

Postby tim-follows » Fri Feb 09, 2018 5:39 pm

MDD spike and bottoms,

(earlier I was mistaken, tradeable bottom in Cobra charts is 2 out of 5 MAD)

a-mdd.png
Last edited by tim-follows on Fri Feb 09, 2018 7:42 pm, edited 1 time in total.
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Re: 02/09/2018 Live Update

Postby tim-follows » Fri Feb 09, 2018 5:53 pm

good bullish divergences on 60 minute chart of SPY
and IWM and QQQ
and a lower low on lower volume snow-day

Screenshot 2018-02-09 at 3.50.54 PM.png
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