07/29/2019 Live Update

[Al_Dente]

MONTHLY REBALANCE.
I always assume QUARTERLY rebalancing, but if some money managers are under contract to do a monthly rebalance, they’ll need to act before Wednesday’s close… selling stocks and buying bonds. I’m GUESSING they may wait until after the FOMC announcement on Wednesday.

[Al_Dente]

XLP
ATH

[Al_Dente]

[SAVE FOR LATER]
Pfizer, PFE, is a dow stock, but weighted #30 of the 30 dow stocks, with a weighting of 1.07%
(Viagra and Lipitor)
“… part of a years-long effort by Pfizer to split into three parts - innovative medicines, lower margin off-patent drugs facing generic competition and consumer healthcare… The combined company… will get a new name…”
https://www.reuters.com/article/us-myla ... ss+News%29

[BullBear52x]

once you think you know the chart pattern this is what the market is throwing at you. SMH

[Al_Dente]

HAPPY HOUR

[BullBear52x]

Chart for the road: The permabulls are expecting a pull back as much as permabears, only the FOMO is buying Peace!

[Cobra]

members only update at 3:50 pm
http://www.cobrasmarketview.com/2019/07 ... ay-update/

[Cobra]

well, guess that's it for today. here's what Tuesday looks likely. 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