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04/19/2018 Live Update

K447
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Re: 04/19/2018 Live Update

Post by K447 »

brokebybernacke2 wrote:... 10 yr look long term, get back in your channel!
To stay inside that channel would require interest rates to be near zero in another decade or two?
Last edited by K447 on Thu Apr 19, 2018 2:08 pm, edited 2 times in total.
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Al_Dente
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Re: 04/19/2018 Live Update

Post by Al_Dente »

Daniel wrote:Construction and Housing economy is doing just fine.....
XHB ?
ITB ?
both below 200sma
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
fehro
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Re: 04/19/2018 Live Update

Post by fehro »

Daniel wrote:Construction and Housing economy is doing just fine.
$LUMBER hit a fresh multi-year high yesterday.
Tarrifs? Money flow from bonds into commodities? inflation?… or housing numbers?

https://www.bloomberg.com//news/article ... eak-stocks
Daniel
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Re: 04/19/2018 Live Update

Post by Daniel »

Al_Dente wrote:XHB ? ITB ? WTF?
Since when did the economy and a stock or sector price have anything to do with each other? :)
Daniel
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Re: 04/19/2018 Live Update

Post by Daniel »

And, not coincidentally, $FVX (one of my favorite indexes to track for econo-sensitives) is at an 18 month high today (at least, that's the limit of the chart).

FVX is the 5yr Treasury yield.
Daniel
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Re: 04/19/2018 Live Update

Post by Daniel »

fehro wrote:[commodities-shouldering-blame...
Apr 2017, Sept 2017, Jan 2018... these three major daily chart highs for SLV form a perfect downtrend line which SLV is now bumping up against.

SLV at 16.50 or so would represent a breakthru of this trendline. I track SLV as a key measure of commodity sentiment. (SLV curr @ 16.25)
QED
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Re: 04/19/2018 Live Update

Post by QED »

Daniel wrote:
fehro wrote:[commodities-shouldering-blame...
Apr 2017, Sept 2017, Jan 2018... these three major daily chart highs for SLV form a perfect downtrend line which SLV is now bumping up against.

SLV at 16.50 or so would represent a breakthru of this trendline. I track SLV as a key measure of commodity sentiment. (SLV curr @ 16.25)
The Dollar gaining strength will slow SLV down.
Daniel
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Re: 04/19/2018 Live Update

Post by Daniel »

QED wrote:The Dollar gaining strength will slow SLV down.
This is true, but it isn't clear (at least from the chart of UUP, as a proxy) what the major trend is for UUP. The dollar is in the middle of its YTD range, and just today has straddled its 20day MA. Longer term MAs are fairly flatline.

Cobra's view (and chart outlook) which I value far more than my own, can be found here:
http://stockcharts.com/public/1684859/c ... /533449482;
QED
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Re: 04/19/2018 Live Update

Post by QED »

Daniel wrote:Cobra's view (and chart outlook) which I value far more than my own, can be found here:
http://stockcharts.com/public/1684859/c ... /533449482;
Maybe an Ascending Triangle?
http://thepatternsite.com/at.html
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Cobra
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Re: 04/19/2018 Live Update

Post by Cobra »

H&S bottom?
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brokebybernacke2
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Re: 04/19/2018 Live Update

Post by brokebybernacke2 »

K447 wrote:
brokebybernacke2 wrote:... 10 yr look long term, get back in your channel!
To stay inside that channel would require interest rates to be near zero in another decade or two?
talk to Japan :P
Daniel
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Re: 04/19/2018 Live Update

Post by Daniel »

15min daytrade timeframe, IWM is the closest of the majors to breaking above its (downslope) 20ema. Tagged it, but no breakthru yet.
fehro
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Re: 04/19/2018 Live Update

Post by fehro »

SPX wedge bear flag.. with a possible larger H&S… on weak bounce…. 20d/50d key and 2665-75 level
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Al_Dente
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Re: 04/19/2018 Live Update

Post by Al_Dente »

HAPPY HOUR
cats.png.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Cobra
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Re: 04/19/2018 Live Update

Post by Cobra »

H&S bottom text book target.
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Trades with cats
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Re: 04/19/2018 Live Update

Post by Trades with cats »

ES clinging to VWAP.
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Cobra
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Re: 04/19/2018 Live Update

Post by Cobra »

target met.
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Trades with cats
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Re: 04/19/2018 Live Update

Post by Trades with cats »

Twitter feed says Dept AG Rosenstein has told Pres Trump he is not the target of the Muller probe. Sounds like a candidate for the algo spike, waiting for a better one.
Trades with cats
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Re: 04/19/2018 Live Update

Post by Trades with cats »

That Muller probe story sourced from Bloomberg.
1der
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Re: 04/19/2018 Live Update

Post by 1der »

Trades with cats wrote:Twitter feed says Dept AG Rosenstein has told Pres Trump he is not the target of the Muller probe. Sounds like a candidate for the algo spike, waiting for a better one.
AAPL is not impressed
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