06/20/2018 Live Update

[Al_Dente]

Effective prior to the start of trading on June 26.
GE got kicked out of the dow
Replaced by WBA, Walgreens
https://www.reuters.com/article/us-walg ... ss+News%29

The divisor will change, and
The WSJ indicates that about $29.5 billion of mutual funds and ETFs track the Dow, compared with the $9.9 trillion in funds linked to the S&P 500 index through the end of 2017.
[Everyone linked to the dow will now have to sell GE and buy WBA to rebalance.]
https://www.marketwatch.com/story/what- ... op_stories

[te_fern]

I guess a sign of our service economy and us baby boomers needing drugs....LOL!

[Junior Buffett]

It is very surprising that when I Google " China Tarrif news" there is absolutely zero news item for today...all the news line items shows from early morning June 19th or before....I can't imagine that no one is talking about this issue!

[te_fern]

Breaking VWAP now, see if it can become downside support...

[Cobra]

we may have the day range now. so divide by 4.

[Trades with cats]

Canada legalized today. Waiting to see how this plays out in the intermountain west. Good growing conditions but a lot of conservative religious politicians. No matter what this cannot be good for Mexico's balance of trade.

Drove over to a little railroad tank town for the eclipse last summer. Was not aware that they voted for sales while the rest of their county did not. Town has two stop lights and two pot shops with the old closed up motels and cafes re-opening. You know that sooner or later Wallgreen's will get a piece of that business.

[K447]

It is very surprising that when I Google " China Tarrif news" ...

Google personalizes results for each user. You are identified by Internet IP address, browser cookies, Google login, etc.

And cross linked to your mobile search patterns, online browsing and buying data, etc.

Also, Tariff has two f and one r

I do not think of Google as being particularly good at news aggregation. At least not news that is actually new and very recent.

[Trades with cats]

This is the one FT 71 offers at Convergent Trading.
https://tradethenews.com/

[Trades with cats]

FINVIZ.com has a free news feed page. One side is facts, the other is commentary and opinions, as in Wall Street Journal sperated from Zerohedge.,

[Cobra]

members only update at 12:00 pm
http://www.cobrasmarketview.com/2018/06 ... ay-update/

[Cobra]

testing day high as expected, now see if bears can make double top here.

[Al_Dente]

FINVIZ.com has a free news feed page. One side is facts, the other is commentary and opinions, as in Wall Street Journal sperated from Zerohedge.,

i like that one
https://finviz.com/news.ashx

[te_fern]

Since the levered smalls hit the bottom of the Pasta Boss' box, its gone about straight up!! Wish I can tell you I bought some!!

[Trades with cats]

Finviz is my Sunday night before bed go to so I am prepared for Monday morning.

[Trades with cats]

Fist knock on the door at the high was around 6 AM Eastern, tried again 10 minutes before th cash open and now here we are two and a half hours later. Not very impressed by the bulls s o far. Now if they can get up to that 2788 ES and hold it into tomorrow, well that would be different.

[te_fern]

Took my gas money out. Will look for another entry...

[Cobra]

the breakout so far looks encouraging.

[Cobra]

possible uptrend day instead of range day.

[Trades with cats]

Wow, powered through, third time was the charm. Closing in on prime upside target of 2779 ES. Stretch goal of 2788.25.

[Trades with cats]

They had to open their wallets on that last move!