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06/11/2018 Live Update

06/11/2018 Live Update

Postby Cobra » Mon Jun 11, 2018 9:23 am

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no idea up or down from here. FOMC on Wednesday so probably boring today and tomorrow.
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Re: 06/11/2018 Live Update

Postby Cobra » Mon Jun 11, 2018 9:26 am


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Re: 06/11/2018 Live Update

Postby fehro » Mon Jun 11, 2018 9:34 am

choppy /ES
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Re: 06/11/2018 Live Update

Postby fehro » Mon Jun 11, 2018 9:41 am

futs test oHODs.. may stall if not upper trends
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Re: 06/11/2018 Live Update

Postby fehro » Mon Jun 11, 2018 9:44 am

TRANSports strong ..VIX curiously green :roll:
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Re: 06/11/2018 Live Update

Postby fehro » Mon Jun 11, 2018 9:49 am

nibble short mind the morning gap
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Re: 06/11/2018 Live Update

Postby Cobra » Mon Jun 11, 2018 10:01 am


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Re: 06/11/2018 Live Update

Postby fehro » Mon Jun 11, 2018 10:28 am

SPX .. holds up.. /CL spikes… AAPL nLOD H&S 5 day, island top.. Fri's LOD goes on AAPL with 20d SMA looking for -4.50 drop will take Qs with it
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Re: 06/11/2018 Live Update

Postby brokebybernacke2 » Mon Jun 11, 2018 10:49 am

fehro wrote:SPX .. holds up.. /CL spikes… AAPL nLOD H&S 5 day, island top.. Fri's LOD goes on AAPL with 20d SMA looking for -4.50 drop will take Qs with it


one would think they would create a buy opp prefed
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Re: 06/11/2018 Live Update

Postby fehro » Mon Jun 11, 2018 10:56 am

fehro wrote:nibble short mind the morning gap
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Re: 06/11/2018 Live Update

Postby fehro » Mon Jun 11, 2018 11:04 am

bulls a tad overconfident.. FOMC, OEW Friday , VIX expiration next Wed
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Re: 06/11/2018 Live Update

Postby Al_Dente » Mon Jun 11, 2018 11:14 am

Insiders are gaming the Stock Buyback system. Here’s how:
1) announce the buyback
2) investors get excited and buy the stock
3) the stock pops
4) insiders sell the pop
https://www.zerohedge.com/news/2018-06- ... to+zero%29
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Re: 06/11/2018 Live Update

Postby Al_Dente » Mon Jun 11, 2018 11:19 am

While everyone focuses on AAPL (lime), the standout performer YTD in “ top tech” is still NFLX (red)
NFLX is only 1.9% of QQQ so it’s not going to move QQQ as much the other faangs+ do
However NFLX is the third largest holding in FDN (6% of FDN), and we have been using FDN as a “guide”

611tech.png.png
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Re: 06/11/2018 Live Update

Postby K447 » Mon Jun 11, 2018 11:21 am

Al_Dente wrote:Insiders are gaming the Stock Buyback system. Here’s how:
1) announce the buyback
2) investors get excited and buy the stock
3) the stock pops
4) insiders sell the pop
https://www.zerohedge.com/news/2018-06- ... to+zero%29

Gaming the system? :|

Isn't that how it is supposed to work? :roll:
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Re: 06/11/2018 Live Update

Postby Al_Dente » Mon Jun 11, 2018 11:28 am

K447 wrote:Gaming the system? :|
Isn't that how it is supposed to work? :roll:

:lol: :lol: :o
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Re: 06/11/2018 Live Update

Postby Al_Dente » Mon Jun 11, 2018 11:30 am

Watch list: UPS, FDX, IYT, and especially AMZN
Old news, 6/7/2018 [CBS News, and later zh]
Over 90% of the UPS’s union members have voted to stop working if a deal can't be reached on their current labor contract which expires on August 1 [they have plenty of time].
Part-time UPS drivers make about $15 an hour. Full-time drivers currently earn about $36 an hour, or about $75k a year.
[Looks like the real issue is fear of a potential 7-day delivery schedule, because AMZN]
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Re: 06/11/2018 Live Update

Postby Cobra » Mon Jun 11, 2018 11:46 am

nice breakout, hmm.
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Re: 06/11/2018 Live Update

Postby fehro » Mon Jun 11, 2018 11:54 am

SPX .. nHOD with Qs IWM lags /CL spikes up with market.. AAPL still red
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Re: 06/11/2018 Live Update

Postby Al_Dente » Mon Jun 11, 2018 11:59 am

Reminder
Almanac's TYPICAL June
Today is the 7th trading day of the month
https://78.media.tumblr.com/809112fc248 ... pr_500.jpg
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Re: 06/11/2018 Live Update

Postby Cobra » Mon Jun 11, 2018 12:03 pm


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