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03/12/2018 Live Update

Re: 03/12/2018 Live Update

Postby te_fern » Mon Mar 12, 2018 11:37 am

Trades with cats wrote:
te_fern wrote:Will be watching this diagonal for a change in direction....

Too much work, just watch the clock. 11:30 sell bots turn off. Sometimes buy bots have tech problems getting started but not today! :lol: :lol: :lol:


Now that does sound easier!! :D :D
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Re: 03/12/2018 Live Update

Postby te_fern » Mon Mar 12, 2018 11:38 am

As TWC said, the buy bots have arrived, can they push thru??
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Re: 03/12/2018 Live Update

Postby te_fern » Mon Mar 12, 2018 11:54 am

The bots are playing with us!!
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Re: 03/12/2018 Live Update

Postby te_fern » Mon Mar 12, 2018 12:05 pm

Starting to show some upward life....
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Re: 03/12/2018 Live Update

Postby Trades with cats » Mon Mar 12, 2018 12:17 pm

And back up to VWAP.
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Re: 03/12/2018 Live Update

Postby Al_Dente » Mon Mar 12, 2018 12:28 pm

MARK YOUR CALENDARS
Here are the next eps dates and blackout dates for the top Big Tech stocks:

AMZN next eps due Thursday 04/26/18 AMC (after market close), so blackout begins 3/26/18
GOOG next eps due Thursday 04/26/18 AMC, so blackout begins 3/26/18
FB next eps due Wednesday 05/02/18 AMC, so blackout begins 4/2/18
MSFT next eps due Thursday 04/26/18 AMC, so blackout begins 3/26/18
APPL next eps due Tuesday 05/01/18 AMC, so blackout begins 4/1/18
CSCO next eps due Wednesday 05/16/18 AMC, so blackout begins 4/16/18

[source is Pasta, so better double check]

Interesting to note, last month: although many had reported by 2/1/18 (the reporting dates vary), the buyback programs didn’t kick in until 2/9/18 when tech bottomed. So to repeat: the buybacks kicked in roughly ONE WEEK AFTER the eps report.

Looking ahead: earnings per share = earnings is the numerator, divided by number of shares which is the denominator. Buybacks reduce the denominator, making the EPS look better than it really is…

GS estimates share buybacks will jump to $650 billion this year,while JP Morgan predicts they could run as high as $800 billion, a new record.
(For comparison, $530 billion in buybacks was recorded for 2017.)

Bloomberg primer on buybacks and dividends:
https://www.bloomberg.com/quicktake/buybacks-dividends
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Re: 03/12/2018 Live Update

Postby Cobra » Mon Mar 12, 2018 12:46 pm


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Re: 03/12/2018 Live Update

Postby Cobra » Mon Mar 12, 2018 12:51 pm

i have a dream.
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Re: 03/12/2018 Live Update

Postby tim-follows » Mon Mar 12, 2018 12:54 pm

tech breadth, 2hrly.....

saw multiple bearish divergences with NAHL and other internals.....

seems lofty, internals dont seem to follow thru on today price levels, imo

but its early, after the bots return from bar for lunch, who knows? another rally?
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Re: 03/12/2018 Live Update

Postby Al_Dente » Mon Mar 12, 2018 12:55 pm

CS says the low SKEW (folks are not bidding up the price of OTM put protection) means “… more tactically bullish positioning in the near-term as investors chase the rally”
And “VIX call demand remains lackluster”
In addition:
https://www.bloomberg.com//news/article ... u-s-stocks
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Re: 03/12/2018 Live Update

Postby tim-follows » Mon Mar 12, 2018 12:56 pm

Cobra wrote:i have a dream.

we wanna live your dream , Dr. Kingsnake :D
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Re: 03/12/2018 Live Update

Postby tim-follows » Mon Mar 12, 2018 12:58 pm

Al_Dente wrote:MARK YOUR CALENDARS


:shock:
THANKS Pasta


Here are the next eps dates and blackout dates for the top Big Tech stocks:

AMZN next eps due Thursday 04/26/18 AMC (after market close), so blackout begins 3/26/18
GOOG next eps due Thursday 04/26/18 AMC, so blackout begins 3/26/18
FB next eps due Wednesday 05/02/18 AMC, so blackout begins 4/2/18
MSFT next eps due Thursday 04/26/18 AMC, so blackout begins 3/26/18
APPL next eps due Tuesday 05/01/18 AMC, so blackout begins 4/1/18
CSCO next eps due Wednesday 05/16/18 AMC, so blackout begins 4/16/18

Looking ahead: earnings per share = earnings is the numerator, divided by number of shares which is the denominator. Buybacks reduce the denominator, making the EPS look better than it really is…

GS estimates share buybacks will jump to $650 billion this year,while JP Morgan predicts they could run as high as $800 billion, a new record.
(For comparison, $530 billion in buybacks was recorded for 2017.)

Bloomberg primer on buybacks and dividends:
https://www.bloomberg.com/quicktake/buybacks-dividends
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Re: 03/12/2018 Live Update

Postby Cobra » Mon Mar 12, 2018 1:04 pm

another mm possible, so need wait and see.
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Re: 03/12/2018 Live Update

Postby Al_Dente » Mon Mar 12, 2018 1:10 pm

tim-follows wrote: :shock:
THANKS Pasta

:D
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Re: 03/12/2018 Live Update

Postby Al_Dente » Mon Mar 12, 2018 1:53 pm

SMALLS
IWM is up near its ATH from 1/24/18 @ $160.63
Measured move targets a new high
But a POTENTIAL double top makes it tough for a breakout to stick
60min
312iwm 60.png.png
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Re: 03/12/2018 Live Update

Postby Cobra » Mon Mar 12, 2018 2:00 pm

modified dream.
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Re: 03/12/2018 Live Update

Postby Al_Dente » Mon Mar 12, 2018 2:11 pm

Cobra:
Days ago you posted a note that showed media chatter and stock price from last month’s jobs data versus last week’s media and jobs data.
I thought it was a brilliant note.
I lost the location of the note, so I’m posting a THANK YOU here
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Re: 03/12/2018 Live Update

Postby Daniel » Mon Mar 12, 2018 2:15 pm

UUP (US $) third day of inability to get and stay above the (downslope) 50day MA. Today is looking like another topping tail. However, price is just above natural support at the 5day, 10day, and 20day MAs. Meanwhile, ADX-13 is back down to its lowest level in months, meaning the trailing recent past of the ETF haas been relatively trendless --as it hovers around a confluence of supports and resistances.

This area may prove to be a parking spot for a while, maybe some days of range trading ahead...
Last edited by Daniel on Mon Mar 12, 2018 2:24 pm, edited 1 time in total.
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Re: 03/12/2018 Live Update

Postby Trades with cats » Mon Mar 12, 2018 2:24 pm

North man Trading, among others, pointing out this weekend that the DOW and the NASDAQ charts look like year 2000 deja vu. But history only rhymes, it never repeats.
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Re: 03/12/2018 Live Update

Postby Trades with cats » Mon Mar 12, 2018 2:25 pm

I am guessing the massive US Treasury funding's going on are sucking up the liquidity.
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