Back to www.cobrasmarketview.com

   

09/18/2019 Live Update

09/18/2019 Live Update

Postby Cobra » Wed Sep 18, 2019 9:22 am

If you're StockCharts member, please do me a little favor by "vote" and the most importantly "follow" my public chart list HERE. You need "follow" only once but vote can be done everyday, so whenever you have time, please vote for me, thanks! If you're not StockCharts member, you can also help boosting my rank by clicking the link once everyday.

    Please, again, all my calls in the daily live update is for intra-day only, they're absolutely invalid when the closing bell rings. If you're interested in the forecast for days and weeks, Please subscribe my Daily Market Report.
    Personal attack on any board members won't be tolerated. Please limit your topic to trade related only.
    Please no direct link to your personal web site or blog. You must post rich contents here. You can, however, put link to your personal web site or blog as your signature.
    I'm very busy during the trading hour, so your question posted on board might not be answered. For a guaranteed answer to your question please send email to info@cobrasmarketview.com.
========================================================================================================================================================================

no idea up or down from here. roller coaster show at 2 pm.
Attachments
ES60min.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
 
Posts: 44795
Joined: Sat Feb 12, 2011 10:29 pm

Re: 09/18/2019 Live Update

Postby Cobra » Wed Sep 18, 2019 9:25 am


Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
 
Posts: 44795
Joined: Sat Feb 12, 2011 10:29 pm

Re: 09/18/2019 Live Update

Postby Trades with cats » Wed Sep 18, 2019 9:29 am

Presser starts at 2:30. He will have to explain liquidity situation. Twitter feed reminding us of the repo facility they set up in 2008. That was a band aid on a gushing wound.
Trades with cats
 
Posts: 8427
Joined: Sat Oct 11, 2014 4:40 pm

Re: 09/18/2019 Live Update

Postby JFR » Wed Sep 18, 2019 9:30 am

ES daily. In a base, above the EMA 20, below the top of the base.


2019-09-18_0628.png
User avatar
JFR
 
Posts: 3092
Joined: Sun Dec 02, 2012 7:24 pm

Re: 09/18/2019 Live Update

Postby JFR » Wed Sep 18, 2019 9:33 am

Overnight gap down, and then some, on ES, NQ, YM and RTY.


2019-09-18_0631.png
User avatar
JFR
 
Posts: 3092
Joined: Sun Dec 02, 2012 7:24 pm

Re: 09/18/2019 Live Update

Postby JFR » Wed Sep 18, 2019 9:39 am

Looking for support. Gotta check some ETF holdings. Back later.


2019-09-18_0637.png
User avatar
JFR
 
Posts: 3092
Joined: Sun Dec 02, 2012 7:24 pm

Re: 09/18/2019 Live Update

Postby Al_Dente » Wed Sep 18, 2019 9:49 am

note FDX
User avatar
Al_Dente
 
Posts: 23104
Joined: Thu Jul 21, 2011 2:29 pm

Re: 09/18/2019 Live Update

Postby Al_Dente » Wed Sep 18, 2019 9:58 am

User avatar
Al_Dente
 
Posts: 23104
Joined: Thu Jul 21, 2011 2:29 pm

Re: 09/18/2019 Live Update

Postby Cobra » Wed Sep 18, 2019 10:01 am


Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
 
Posts: 44795
Joined: Sat Feb 12, 2011 10:29 pm

Re: 09/18/2019 Live Update

Postby Trades with cats » Wed Sep 18, 2019 10:04 am

ES 12-19 (2000 Tick) _ ES 12-19 (2000 Tick) 2019_09_18 (7_59_02 AM).png

Super light volume last night. Lots of big traders have hedging stuff going on as we move into the quad witch. Looks like some of that going on now as the large trade detector is going off (circles on chart)
Trades with cats
 
Posts: 8427
Joined: Sat Oct 11, 2014 4:40 pm

Re: 09/18/2019 Live Update

Postby Al_Dente » Wed Sep 18, 2019 10:08 am

Rob Hanna
“…how SPY has performed between the time of the announcement and the NYSE close [INTRADAY] on Fed Days since Mr. Powell took over.
[Spoiler: The market has struggled]
https://quantifiableedges.com/post-anno ... l-arrived/
User avatar
Al_Dente
 
Posts: 23104
Joined: Thu Jul 21, 2011 2:29 pm

Re: 09/18/2019 Live Update

Postby Trades with cats » Wed Sep 18, 2019 10:15 am


Thanks for that. Not once though does it mention the new Chair of New York fed fired the two experienced leaders of their 145 person trading desk team leaving them without leadership about 2 months ago. It also failed to mention that the banks needed the cash by 8:30 but that same Fed trading desk group failed to act until 9:30 or so making a complete failure of their control of the money supply. I figure the real reporters will be asking Jay about this mess in between the lobbed softballs from the reporters wasting all our time.

The money center banks own the NY Fed. Wondering how long until current chair leaves early.
Trades with cats
 
Posts: 8427
Joined: Sat Oct 11, 2014 4:40 pm

Re: 09/18/2019 Live Update

Postby BullBear52x » Wed Sep 18, 2019 10:17 am

I on the sell rip today, Fed or no Fed.

Simply TA. :ugeek:
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
BullBear52x
 
Posts: 21790
Joined: Tue Feb 22, 2011 3:47 pm

Re: 09/18/2019 Live Update

Postby Trades with cats » Wed Sep 18, 2019 10:18 am

ES 12-19 (15 Minute) _ ES 12-19 (15 Minute) 2019_09_18 (8_14_47 AM).png

FT 71's educated guess on where we could go after 2
Trades with cats
 
Posts: 8427
Joined: Sat Oct 11, 2014 4:40 pm

Re: 09/18/2019 Live Update

Postby Heck » Wed Sep 18, 2019 10:27 am

All Three C/P Option Sentiment Indices = DOWN
Heck
 
Posts: 870
Joined: Thu Nov 15, 2012 4:56 pm
Location: Lake Tahoe, Nevada

Re: 09/18/2019 Live Update

Postby Al_Dente » Wed Sep 18, 2019 10:30 am

User avatar
Al_Dente
 
Posts: 23104
Joined: Thu Jul 21, 2011 2:29 pm

Re: 09/18/2019 Live Update

Postby ccash04 » Wed Sep 18, 2019 10:34 am



Not sure how it directly affects equities other than if this funding stress continues, there could be a loss of confidence in Fed. It bears monitoring.

One thing to watch is SOFR as well, which is supposed to replace LIBOR but how can it if it is going to have volatility like it showed the last day or 2.

https://apps.newyorkfed.org/markets/autorates/sofr
ccash04
 
Posts: 207
Joined: Wed Jul 13, 2011 9:20 am

Re: 09/18/2019 Live Update

Postby Cobra » Wed Sep 18, 2019 10:42 am

so far it's just a range day, waiting for the 2 pm roller coaster show, shall we? possible range high here?
Attachments
1.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
 
Posts: 44795
Joined: Sat Feb 12, 2011 10:29 pm

Re: 09/18/2019 Live Update

Postby Al_Dente » Wed Sep 18, 2019 11:01 am

Once again, McElligott is confusing,
But I do understand this:
“… I see capacity where we could slingshot to the upside in Stocks, and fast …“
And more:
https://www.zerohedge.com/markets/nomur ... to+zero%29
User avatar
Al_Dente
 
Posts: 23104
Joined: Thu Jul 21, 2011 2:29 pm

Re: 09/18/2019 Live Update

Postby Trades with cats » Wed Sep 18, 2019 11:08 am

Nomura's zinger, for me, is that a third of the options gamma keeping us pinned to ES 3,000 goes away Friday. I am in agreement with him that the markets will confuse balance sheet growth (which is already happening) with QE and send us up.
Trades with cats
 
Posts: 8427
Joined: Sat Oct 11, 2014 4:40 pm

Next

Return to Traders Lounge

Who is online

Users browsing this forum: Google [Bot], Google Adsense [Bot] and 5 guests