12/03/2018 Live Update

[daytradingES]

High Est 2808.25
Actual High 2802.50
Dif= 5.75

Low Est 2764.75
Actual Low 2776.25
Dif= -11.50

[BullBear52x]

Buy the dip, new HOD to make it good buy.

[Daniel]

USO still holding onto about a 4% gain.

Precious Metals and miners strong. SLV esp strong-- up over 2%. Wonder why silver in particular...

[Al_Dente]

SMALLS filled the opening gap

[daytradingES]

10:13 AM 12/3/2018
Had lots of pain in my gums/teeth yesterday, agony really.
This kind of throws off my thinking.

(Also I have a roommate that does moronic chants - he has headphones on and thinks its singing - but a tuneless monotone make it impossible to sleep -so late to bed again.)

I would really like to bring this all together but peace and quiet for clear thinking escapes me.

Normally about today I would have said that it would be a range day around the open.
However, several things said down day, as in sell at near open. Of course I wasn't ready to implement this today - not ready - but that the model said dir-1 (which it is so far) is some consolation.

note: watch action around 11:15 to see if it is reversing from intraday down to intrday up.

[daytradingES]

10:22 AM 12/3/2018

[Daniel]

Interesting. USO is now selling off its hod, but airline stocks are still continuing to tank. If oil continues to sell off, they may be a place to look for a reversal.

[K447]

Interesting. USO is now selling off its hod, but airline stocks are still continuing to tank. If oil continues to sell off, they may be a place to look for a reversal.

Which they, oil or airlines?

[Al_Dente]

Zero. Not a single one of the Ivy League Endowment Funds beat a simple 60/40 portfolio [60% stock, 40% bonds] over ten years
https://www.institutionalinvestor.com/a ... -Ten-Years

[QED]

10:13 AM 12/3/2018
Had lots of pain in my gums/teeth yesterday, agony really.
This kind of throws off my thinking.

(Also I have a roommate that does moronic chants - he has headphones on and thinks its singing - but a tuneless monotone make it impossible to sleep -so late to bed again.)

I would really like to bring this all together but peace and quiet for clear thinking escapes me.

Normally about today I would have said that it would be a range day around the open.
However, several things said down day, as in sell at near open. Of course I wasn't ready to implement this today - not ready - but that the model said dir-1 (which it is so far) is some consolation.

note: watch action around 11:15 to see if it is reversing from intraday down to intrday up.

Best Noise-Canceling Headphones for 2018

https://www.cnet.com/topics/headphones/ ... canceling/

.

[Al_Dente]

confirmed today: the bond markets will also be closed on wednesday

[daytradingES]

10:47 AM 12/3/2018

[daytradingES]

Best Noise-Canceling Headphones for 2018

https://www.cnet.com/topics/headphones/ ... canceling/

.

excellent !!
Thanks!

[Daniel]

Interesting. USO is now selling off its hod, but airline stocks are still continuing to tank. If oil continues to sell off, they may be a place to look for a reversal.

Which they, oil or airlines?

Airlines. They usually track somewhat inverse to oil prices, and have been doing so recently. If both are selling off together, on a given day, then at some point the airline stocks tend to revert to going inverse again. Absent some specific news about the airline industry this is a reliable tendency.

Also, normal factors of TA come into play. The 3 airlines I routinely track (UAL, DAL, AAL) all closed on Fri well outside their upper std bollybands. As with any stock, a pullback to within the bands is inevitable, and can happen w minimal catalyst. In such a case the oil price becomes a secondary factor.

[Cobra]

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

[Al_Dente]

Regarding my weekend post on PKW:
These are the heaviest BUYBACK stocks that PKW owns (with SPX just for comparison)
10 days, 15 minutes

Same thing, just expanded to one-year time frame, daily

[Trades with cats]

Everyone is aware that Jay Powell cancelled his testimony in congress Wednesday because the markets are closed (assuming Congress will be at the funeral).

[Cobra]

my guess is the range low was in or close. let's see.

[BullBear52x]

Bears have a sell rip coupon now, this will be interesting on a gap up day with this type of weakness.

With intraday down trend price the $TRIN is still well under 1.

I need to see on my next sell move to determine who is in control today, bulls or bears?

[K447]

Best Noise-Canceling Headphones for 2018

https://www.cnet.com/topics/headphones/ ... canceling/

.

excellent !!
Thanks!

I have and use the Bose QC-35 headphones. Overall they work very well. Best at quashing mechanical, repetitive sounds like running engines or machinery, aircraft cabin roar, general background noise.

They DO allow some voice speech sound in. For example, on an aircraft I can hear, albeit quietly, what the attendant is saying. At home, I can detect someone tallking to me nearby. The primary audio content I am listening to is prominent, of course.

The Bose smartphone app has a setting that defaults to moniting the content you listen to. Privacy implications, and you can turn it off. You might have to hunt for the setting

Battery life is plenty. I typically re-charge mine after a few hours of use, and generally it is still at 80-90% charged when I am done using it for the day. I would expect I could fly several cross country flights before the battery ran flat.

They are a tad bulky, so might be a problem for sleeping.

Alternative might be foam ear plugs. Or headsets that insert into the ears with rubber/silicone flanges to seal off the outside sounds.