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07/12/2018 Live Update

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Cobra
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Re: 07/12/2018 Live Update

Post by Cobra »

sharp pullback here would mean lower high, key time. must be up and up otherwise it's just a range day.
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Trades with cats
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Re: 07/12/2018 Live Update

Post by Trades with cats »

Watching an older Al Brooks video last night he said 90% of the time either the high or low of the day is set by the first 90 minutes of trading.
Wallstreetrader
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Re: 07/12/2018 Live Update

Post by Wallstreetrader »

...
Last edited by Wallstreetrader on Thu Jul 12, 2018 1:08 pm, edited 4 times in total.
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Cobra
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Re: 07/12/2018 Live Update

Post by Cobra »


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fehro
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Re: 07/12/2018 Live Update

Post by fehro »

thanks to tech.. :roll: :lol:

nibble short
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Cobra
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Re: 07/12/2018 Live Update

Post by Cobra »

maybe a pullback here first then we'll see, probably will be bought but it could be just a lower high.
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MrMiyagi
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Post by MrMiyagi »

Cobra wrote:maybe a pullback here first then we'll see, probably will be bought but it could be just a lower high.
Closed QQQ calls, looking to tempt Bull fate and roll to September.
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Al_Dente
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Re: 07/12/2018 Live Update

Post by Al_Dente »

it would be nice if semiconductors (bottom panel) could rise to anywhere near their recent highs
712smh lags.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: 07/12/2018 Live Update

Post by Cobra »

new high, bulls are still strong.
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Al_Dente
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Re: 07/12/2018 Live Update

Post by Al_Dente »

WATCH FOR BANKS EARNINGS REPORTS TOMORROW: C, JPM, WFC, before the open
(they are all expected to beat last years numbers, due to the tax-cut gift)
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Re: 07/12/2018 Live Update

Post by Trades with cats »

pasta Boss- No way with Chinese trade talks failing-

Years ago my wife was the sales manager for an internal printed circuit board group in a big tech company. Between the environmental regulations and the labor rates there is no way you can assemble electronics in this country anymore. Trade breakdown is a perfect excuse for the Chinese to stop all component imports from the US. We can not retaliate because that would be the end of products with solid state electronics in this country. Maybe the Administration could ignore country of origin and pretend that stuff with a Japanese or Korean name is ok but the truth is the Genie is out of the bottle and isn't going back in.
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Al_Dente
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Re: 07/12/2018 Live Update

Post by Al_Dente »

frontrunning the banks just ahead of EPS:
weak regionals (KRE, friend of smalls)
higher high, but not very strong yet on the big banks (XLF, friend of nobody)
712frontrun banks.png.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Al_Dente
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Re: 07/12/2018 Live Update

Post by Al_Dente »

Trades with cats wrote:pasta Boss- No way with Chinese trade talks failing-
Years ago my wife was the sales manager for an internal printed circuit board group in a big tech company. Between the environmental regulations and the labor rates there is no way you can assemble electronics in this country anymore. Trade breakdown is a perfect excuse for the Chinese to stop all component imports from the US. We can not retaliate because that would be the end of products with solid state electronics in this country. Maybe the Administration could ignore country of origin and pretend that stuff with a Japanese or Korean name is ok but the truth is the Genie is out of the bottle and isn't going back in.
i think your comment is re: semis
if so, i agree

BTW:
"""""Watching an older Al Brooks video last night he said 90% of the time either the high or low of the day is set by the first 90 minutes of trading."""
do u have a link boss?
thanks
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
brokebybernacke2
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Re: 07/12/2018 Live Update

Post by brokebybernacke2 »

Al_Dente wrote:frontrunning the banks just ahead of EPS:
weak regionals (KRE, friend of smalls)
higher high, but not very strong yet on the big banks (XLF, friend of nobody)
712frontrun banks.png.png
very bullish, buy pullbacks /trump threats
brokebybernacke2
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Re: 07/12/2018 Live Update

Post by brokebybernacke2 »

brokebybernacke2 wrote:
Al_Dente wrote:frontrunning the banks just ahead of EPS:
weak regionals (KRE, friend of smalls)
higher high, but not very strong yet on the big banks (XLF, friend of nobody)
712frontrun banks.png.png
very bullish, buy pullbacks /trump threats
last shot here for a double top bears 2797 ish but if 2800 goes, toast.
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Re: 07/12/2018 Live Update

Post by Trades with cats »

Sorry, too many Al Brooks videos out there and I didn't mark the one.
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Re: 07/12/2018 Live Update

Post by Trades with cats »

Tweet from Nanex related to Mnuchen saying trade talks in trouble

1500 S&P500 futures contracts sold at once through 3 ticks is what caused that little tsunami of quotes at 12:41:21 ET $ES_F $SPY
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Re: 07/12/2018 Live Update

Post by Trades with cats »

FOMC Chair Powell text to be released at bottom of hour.
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Re: 07/12/2018 Live Update

Post by fehro »

SPX NDX nATH .. VIX no nATL..yet
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Re: 07/12/2018 Live Update

Post by Trades with cats »

Chair Powell is being interviewed by Kay Ryssdal on NPR's Marketplace radio show. Waiting for the text to show up.
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