09/13/2018 Live Update

[Daniel]

..actually not sure whether QQQ is better or RSP is better.

My vote is to keep QQQ. RSP is actually not very relevant... except when it significantly diverges from SPY performance. QQQ is a more common trading vehicle. RSP divergence can be seen at a glance from the 15min chart.

I vote QQQ!

[te_fern]

Very ST trend line....

[Trades with cats]

This is a web cam on Topsail Beach if you want to watch the storm come in.
https://www.youtube.com/watch?v=R74SiafhLXk

[Daniel]

Intraday divergence continues-- IWM still weak and challenging its LOD.

[brokebybernacke2]

This is a web cam on Topsail Beach if you want to watch the storm come in.
https://www.youtube.com/watch?v=R74SiafhLXk

thank you for that! what a view, see how long that lasts!

[Al_Dente]

iPhone pricing:
https://www.zerohedge.com/sites/default ... k=OnJ7XYh0

[te_fern]

Back near high of the day....

[Cobra]

members only update at 12:05 pm
http://www.cobrasmarketview.com/2018/09 ... ay-update/

[Cobra]

pullback from here would confirm range day.

[Al_Dente]

Hey check out this:
DEF the “Defensive” ETF
exposure to stocks that perform well during bearish market periods
tilt towards low beta stocks
includes companies of all sizes
100 stocks, diversified, none are weighted more than 1.24%
high expense ratio 0.60%
etc.
http://etfdb.com/etf/DEF/

[brokebybernacke2]

Hey check out this:
DEF the “Defensive” ETF
exposure to stocks that perform well during bearish market periods
tilt towards low beta stocks
includes companies of all sizes
100 stocks, diversified, none are weighted more than 1.24%
high expense ratio 0.60%
etc.
http://etfdb.com/etf/DEF/

hmmm. if what u say is true, we have been in bearish period for quite some time! chart mirrors sp

[Al_Dente]

DEF caught my eye bc on a YTD look at various bonds and defensives, it looked sweet (pink) by comparison
Not sexy enough for day traders (no volume)

[brokebybernacke2]

Hey check out this:
DEF the “Defensive” ETF
exposure to stocks that perform well during bearish market periods
tilt towards low beta stocks
includes companies of all sizes
100 stocks, diversified, none are weighted more than 1.24%
high expense ratio 0.60%
etc.
http://etfdb.com/etf/DEF/

hmmm. if what u say is true, we have been in bearish period for quite some time! chart mirrors sp

wondering if big gap fill on indices this pm ....

[Al_Dente]

Just for fun: compare a low-beta portfolio (DEF) to SPX during the 2008 crash
DEF sucks …….. so …… nevermind
weekly

[Trades with cats]

Off to Seattle for a rainy weekend. One good thing going to Din Tai Fung for soup dumplings tonight! You guys ever get to LA or Seattle they are the best!

[Al_Dente]

Off to Seattle for a rainy weekend. One good thing going to Din Tai Fung for soup dumplings tonight! You guys ever get to LA or Seattle they are the best!

have fun boss

[Al_Dente]

HAPPY HOUR

[Daniel]

Rangebound market, SPY and QQQ. ..and NYSE up/down vol has gone flat on the day.
Amazingly tight price action, volatility (ATR) has nearly disappeared.

..IWM is defending its LOD, so far successful.

[Cobra]

members only update at 3:30 pm
http://www.cobrasmarketview.com/2018/09 ... ay-update/

[Cobra]

well, guess that's it for today. Friday tomorrow has been generally bull friendly recently. thank you guys, I'll see you in another thread soon.

before the close, please take a little time to vote for me, thanks. https://stockcharts.com/public/1684859/tenpp