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01/02/2019 Live Update

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Cobra
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Re: 01/02/2019 Live Update

Post by Cobra »

the pullback gets stronger and stronger, not a good sign.
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Cobra
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Re: 01/02/2019 Live Update

Post by Cobra »

the pullback should exceed the pink tinted area.
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Al_Dente
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Re: 01/02/2019 Live Update

Post by Al_Dente »

HAPPY HOUR
whaaa.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Trades with cats
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Re: 01/02/2019 Live Update

Post by Trades with cats »

ES 03-19 (2000 Tick) 2019_01_02 (2_16_23 PM).png
Tap dancing on VWAP. That needs to fail before we meet Cobra's goal.
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Re: 01/02/2019 Live Update

Post by Trades with cats »

Didn't look at price, was unaware we are fighting to hold the double aught level. :o
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Re: 01/02/2019 Live Update

Post by Trades with cats »

I have an MBA, not a degree in Voodoo chart reading, in spite of what I post. Having been duly warned if you go to #GANN on Twitter Mark Yusko has the Gann 100 year cycle chart up (spoiler alert 2019 not a good year) along with links to past quarterly letters to his Hedge Fund partners about Gann. Should make for interesting evening reading.
https://www.morgancreekcap.com/wp-conte ... utlook.pdf
https://www.morgancreekcap.com/wp-conte ... utlook.pdf
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Cobra
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Re: 01/02/2019 Live Update

Post by Cobra »


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K447
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Re: 01/02/2019 Live Update

Post by K447 »

Trades with cats wrote:... fighting to hold the double aught level. :o
For a moment there you had me looking back to the year 2000 levels ... :lol:
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Cobra
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Re: 01/02/2019 Live Update

Post by Cobra »

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

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Daniel
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Re: 01/02/2019 Live Update

Post by Daniel »

Apple is down 7%, after lowering first quarter sales guidance in an announcement from Tim Cook. Index futures on SPY and QQQ are following, down over 1%.
:|
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Al_Dente
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Re: 01/02/2019 Live Update

Post by Al_Dente »

AAPL GOT CRUSHED … halted for 20 minutes, reopened at 4:50pm ET, and instantly tumbled 8%...
Guidance: now expect to make only $84 billion in the first fiscal quarter, an 8% drop from the consensus estimate of $91 billion, and sharply lower from the previous revenue guidance of $89-$93 billion given just two months ago,

Cook blamed the ongoing trade war with China, and indirectly accused China of boycotting Apple products.

We did not foresee the magnitude of the economic deceleration, particularly in Greater China [one of the biggest markets for Apple].
In fact… over 100 percent of our year-over-year worldwide revenue decline, occurred in Greater China across iPhone, Mac and iPad.

Cook's full letter/8-K is at the bottom here:
https://www.zerohedge.com/news/2019-01- ... to+zero%29
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: 01/02/2019 Live Update

Post by Al_Dente »

Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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BullBear52x
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Re: 01/02/2019 Live Update

Post by BullBear52x »

We end here? I was expecting a run away GAP, AAPL looks to take the fun away, well, very clean pivot for a TA crews here. will see what tomorrow brings.
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