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10/09/2018 Live Update

Re: 10/09/2018 Live Update

Postby Al_Dente » Tue Oct 09, 2018 2:48 pm

Does anyone on this board trade NQ or QQQ or TQQQ ?
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Re: 10/09/2018 Live Update

Postby Daniel » Tue Oct 09, 2018 2:52 pm

Al_Dente wrote:Does anyone on this board trade NQ or QQQ or TQQQ ?

Who doesn't trade QQQ? It's a major index.
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Re: 10/09/2018 Live Update

Postby Cobra » Tue Oct 09, 2018 2:56 pm

valid breakout.
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Re: 10/09/2018 Live Update

Postby Al_Dente » Tue Oct 09, 2018 3:00 pm

HAPPY HOUR
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Re: 10/09/2018 Live Update

Postby Al_Dente » Tue Oct 09, 2018 3:01 pm

“I took a rare look inside one of Amazon's giant warehouses right before the company hiked workers' wages — here's what I saw”
https://www.thisisinsider.com/amazon-wa ... es-2018-10
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Re: 10/09/2018 Live Update

Postby Daniel » Tue Oct 09, 2018 3:11 pm

Al_Dente wrote:“I took a rare look inside one of Amazon's giant warehouses right before the company hiked workers' wages — here's what I saw”
https://www.thisisinsider.com/amazon-wa ... es-2018-10

..interesting pictorial. Reminds me of Charlie Chaplin's classic, Modern Times.
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Re: 10/09/2018 Live Update

Postby te_fern » Tue Oct 09, 2018 3:20 pm

Watching this triangle for now....
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Re: 10/09/2018 Live Update

Postby Daniel » Tue Oct 09, 2018 3:22 pm

TLT powering to a 1% gain on the day, so much for 3 days of hand-wringing by fixed income specialists.

Meanwhile, some of the steam has come out of Oil and energy gains-- esp the oil svc providers.
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Re: 10/09/2018 Live Update

Postby Daniel » Tue Oct 09, 2018 3:26 pm

Cobra wrote:valid breakout.

All eyes are on IWM/RUT. Nothing is breaking out with any authority unless the smallcaps start pulling up and away from that 200day MA...

IWM currently is testing its LOD.
Last edited by Daniel on Tue Oct 09, 2018 3:27 pm, edited 1 time in total.
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Re: 10/09/2018 Live Update

Postby Al_Dente » Tue Oct 09, 2018 3:27 pm

Daniel wrote:
Al_Dente wrote:“I took a rare look inside one of Amazon's giant warehouses right before the company hiked workers' wages — here's what I saw”
https://www.thisisinsider.com/amazon-wa ... es-2018-10

..interesting pictorial. Reminds me of Charlie Chaplin's classic, Modern Times.

:D
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Re: 10/09/2018 Live Update

Postby Daniel » Tue Oct 09, 2018 3:31 pm

IMF has downgraded its estimate of the World annual growth rate for 2019, from 3.9% to 3.7%... could this be the cause of the savage downtrend day in the Materials sector?

XLB currently down -3.5%!!
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Re: 10/09/2018 Live Update

Postby Daniel » Tue Oct 09, 2018 3:39 pm

XBI/IBB have given up their gains. XBI is now down > 1%. It has been days of selling any rips in these risk-on ETFs, both now well below their 15min 200ema.
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Re: 10/09/2018 Live Update

Postby Daniel » Tue Oct 09, 2018 3:48 pm

AAPL is helping to hold up the major indexes. XLK is another bright spot for bulls. All other sectors are weakening. XLF and KRE are now red.
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Re: 10/09/2018 Live Update

Postby Cobra » Tue Oct 09, 2018 3:53 pm


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Re: 10/09/2018 Live Update

Postby Cobra » Tue Oct 09, 2018 3:55 pm

well, guess that's it for today. Wednesday tomorrow has been mixed. 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
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Re: 10/09/2018 Live Update

Postby Daniel » Tue Oct 09, 2018 3:59 pm

IWM fresh lod, 2 min to close.
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Re: 10/09/2018 Live Update

Postby Daniel » Tue Oct 09, 2018 5:06 pm

Trades with cats wrote:from Helen Meisler on twitter- "Here's an oddity. Since October 1st the S&P has gone from 2925 to 2860 with exactly ZERO days of TRIN over 1. ZERO"

per StockCharts, TRIN closed at 1.23 today.
:|
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