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02/13/2018 Live Update

02/13/2018 Live Update

Postby Cobra » Tue Feb 13, 2018 10:20 am

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no idea up or down here, FEEL bias is up though.
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Re: 02/13/2018 Live Update

Postby Cobra » Tue Feb 13, 2018 10:24 am


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Re: 02/13/2018 Live Update

Postby Trades with cats » Tue Feb 13, 2018 10:31 am

Overnight volume was 2x usual, a large drop from the last several days where it was running 3x. Range was smaller also. Could be the big funds are completing their repositioning and we will soon be back to just us day and swing traders playing with the algos.
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Re: 02/13/2018 Live Update

Postby Cobra » Tue Feb 13, 2018 10:31 am

probably will fill the gap, let's see.
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Re: 02/13/2018 Live Update

Postby Daniel » Tue Feb 13, 2018 10:35 am

Dow Transports lod
VXN hod
Last edited by Daniel on Tue Feb 13, 2018 10:36 am, edited 1 time in total.
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Re: 02/13/2018 Live Update

Postby ccash04 » Tue Feb 13, 2018 10:35 am

Pull the rug!
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Re: 02/13/2018 Live Update

Postby Daniel » Tue Feb 13, 2018 10:37 am

GLD, SLV, USO lod
Both XLY and XLP strong from the open and near HOD.
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Re: 02/13/2018 Live Update

Postby Daniel » Tue Feb 13, 2018 10:43 am

Cobra wrote:probably will fill the gap, let's see.

Bears beware: VXN and RVX simultaneously hitting LOD...
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Re: 02/13/2018 Live Update

Postby Daniel » Tue Feb 13, 2018 10:51 am

Bulls beware: XBD, EWG, USO all lod here.

In fact-- everyone beware.

:|
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Re: 02/13/2018 Live Update

Postby Trades with cats » Tue Feb 13, 2018 10:53 am

Not going anywhere. Been in this range since London/Frankfurt opened. Plenty of targets higher and lower to move this to, but so far no deep pocket operators to push it. Could be a long boring day if you are an adrenaline junky.

Trying to not get chopped up.
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Re: 02/13/2018 Live Update

Postby Al_Dente » Tue Feb 13, 2018 10:53 am

According to BofA’s February Fund Manager Survey (163 participants with $510BN in AUM),
Fund managers have taken out protection against a sharp fall in equity markets in the next 3 months, and are rotating into cash and out of equities.
Average cash balances rise to 4.7% this month, up from 4.4% in January (avg = 4.5% past 10 years).
Allocation to equities fell to net 43% from net 55% overweight, the largest one-month decline in two years;
allocation to bonds now at a record low of net 69% underweight.
80% expect rates to rise.
60% say Inflation & bonds most likely catalyst for cross-asset crash.
91% say recession "unlikely"
Best contrarian trade: long Utilities, short Banks
[zh]
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Re: 02/13/2018 Live Update

Postby Trades with cats » Tue Feb 13, 2018 10:57 am

ES 2636.50 has been tested 5 times since 3:30 AM New York time.
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Re: 02/13/2018 Live Update

Postby Daniel » Tue Feb 13, 2018 10:59 am

Al_Dente wrote:...Best contrarian trade: long Utilities, short Banks...

XLU lod. KBE lod.

:|
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Re: 02/13/2018 Live Update

Postby Al_Dente » Tue Feb 13, 2018 11:00 am

last night:
"Due To Market Volatility", Tradestation Requires Full Margin On All Overnight Futures Trading
100% margin required on ES, TF, YM, NQ, RTY
Old initial margin was 25%; quite a bump.
If other firms follow suit, this may put a damper on overnight crazy shit
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Re: 02/13/2018 Live Update

Postby Daniel » Tue Feb 13, 2018 11:01 am

Multi-sector surge above their respective OR-30s... lead by emerging mkts and QQQ.

However, moments later-- looking more like a headfake.
Last edited by Daniel on Tue Feb 13, 2018 11:03 am, edited 1 time in total.
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Re: 02/13/2018 Live Update

Postby Cobra » Tue Feb 13, 2018 11:03 am


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Re: 02/13/2018 Live Update

Postby Trades with cats » Tue Feb 13, 2018 11:04 am

third test of the range high since we dropped into it around 2 am.
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Re: 02/13/2018 Live Update

Postby tim-follows » Tue Feb 13, 2018 11:13 am

Al_Dente wrote:According to BofA’s February Fund Manager Survey (163 participants with $510BN in AUM),
Fund managers have taken out protection against a sharp fall in equity markets in the next 3 months, and are rotating into cash and out of equities.
Average cash balances rise to 4.7% this month, up from 4.4% in January (avg = 4.5% past 10 years).
Allocation to equities fell to net 43% from net 55% overweight, the largest one-month decline in two years;
allocation to bonds now at a record low of net 69% underweight.
80% expect rates to rise.
60% say Inflation & bonds most likely catalyst for cross-asset crash.
91% say recession "unlikely"
Best contrarian trade: long Utilities, short Banks
[zh]


so the greatest pain occurs with a lower than expected cpi
if within range of expectations, record shorts in 10yr futures will likely cover a bit, seems slightly bullish for equities tomorrow
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Re: 02/13/2018 Live Update

Postby Daniel » Tue Feb 13, 2018 11:17 am

NYSE advancers very low and well off high.
Naz also low, but not far from the hod.
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Re: 02/13/2018 Live Update

Postby Daniel » Tue Feb 13, 2018 11:20 am

Cobra wrote:probably will fill the gap, let's see.

QQQ did fill, to the penny (158.87 hod)
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