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11/14/2019 Live Update

Re: 11/14/2019 Live Update

Postby te_fern » Thu Nov 14, 2019 12:56 pm

Bottom blue line is the bottom of last weeks gap, maybe seeking that out....
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Re: 11/14/2019 Live Update

Postby Cobra » Thu Nov 14, 2019 1:03 pm


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Re: 11/14/2019 Live Update

Postby Al_Dente » Thu Nov 14, 2019 1:05 pm

Last 10 days %
The majors are pretty flatish, except banks
The “safe havens” (dahsed lines) are below the red-zero line, and have been moving up

1114ten day.png.png
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Re: 11/14/2019 Live Update

Postby te_fern » Thu Nov 14, 2019 1:05 pm

Getting a little bounce here....
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Re: 11/14/2019 Live Update

Postby Al_Dente » Thu Nov 14, 2019 1:21 pm

This is unusual:
"Fidelity Investments in its third-quarter retirement report has a new warning for its greedy baby boomer clients: portfolio risk has never been higher as retirees are overly exposed to equities, running a serious risk that the next market meltdown could wipe out their retirement accounts, reported Bloomberg.

The [Fidelity] report notes more than 33% of baby boomer clients have exceeded Fidelity's recommended allocation to equities."
https://www.zerohedge.com/personal-fina ... to+zero%29
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Re: 11/14/2019 Live Update

Postby Al_Dente » Thu Nov 14, 2019 1:33 pm

Bullshit Du Jour:
Goldbugs: please explain WTF in English, thanks
https://www.zerohedge.com/commodities/n ... to+zero%29
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Re: 11/14/2019 Live Update

Postby Al_Dente » Thu Nov 14, 2019 1:37 pm

Hedgopia
GOLD
“...Rally odds have gone up near term..... The road ahead is not without pitfalls..."
https://hedgopia.com/gold-bugs-defend-b ... near-term/
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Re: 11/14/2019 Live Update

Postby Trades with cats » Thu Nov 14, 2019 2:23 pm

ES 12-19 (15 Minute) 2019_11_14 (11_16_18 AM).png

What a mess. Yesterday's poc at same level as the composite poc and current price. Kicker is trend lines descending range are closing in on the POC so either buyback desks step up or it looks like a set up for a pullback. Expect the Wall Street wonder boys have notes out to clients showing where gamma hedging for tomorrow is likely. Based on today's action 3090 and 3095 ES look like good numbers.
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Re: 11/14/2019 Live Update

Postby Al_Dente » Thu Nov 14, 2019 2:24 pm

Schwab reports new account openings are up 30% (did I hear that right?) last month
after they went to zero commish
CNBC
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Re: 11/14/2019 Live Update

Postby Al_Dente » Thu Nov 14, 2019 2:27 pm

SENTIIMENT:
1/VIX has been flopping around all month
Yesterday it confirmed bear-spy
(changes quickly, like everything else)
60min
1114vix60.png.png
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Re: 11/14/2019 Live Update

Postby Trades with cats » Thu Nov 14, 2019 2:41 pm

Schwab revenue from trading commissions was a small part of the pie. What I havn't seen is how much they have been getting from the HFT firms who handle all their customer executions. Considering their customer base is not much on day trading a little front running for a few pennies is probably never noticed.
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Re: 11/14/2019 Live Update

Postby Trades with cats » Thu Nov 14, 2019 2:48 pm

This weekend Northman Trading (Northy) was all over the record short interest in the VIX.https://northmantrader.com/2019/11/11/megadeath/
His contention is that we are doing a July repeat with a focus on VIX as the leading signal.

My concern is that a highly concentrated trade (everybody and their cousin piling into VIX shorts) allways seems to tip the boat over but it doesn't always mean other things are in trouble.
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Re: 11/14/2019 Live Update

Postby Trades with cats » Thu Nov 14, 2019 3:04 pm

Fun Fact. the just now 6 point instant drop. Zerohedge notes that when the Financial Times head line hit nothing happened. But when Bloomberg repeated it the algos took over and boom a drop on trade talk headlines.

Reminds me of the Hong Kong protesters showing how the machines are not invincible. Was it Arthur C Clark who said something about a sufficiently advanced technology would look like magic to a primitive people.
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Re: 11/14/2019 Live Update

Postby Cobra » Thu Nov 14, 2019 3:11 pm

maybe the low was finally in here. bias is up now.
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Postby MrMiyagi » Thu Nov 14, 2019 3:12 pm

Cobra wrote:maybe the low was finally in here. bias is up now.


SELLING KIDNEYS GOING ALL IN THEN!!
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Re: 11/14/2019 Live Update

Postby Al_Dente » Thu Nov 14, 2019 3:17 pm

Al_Dente wrote:This is unusual:
"Fidelity Investments in its third-quarter retirement report has a new warning for its greedy baby boomer clients: portfolio risk has never been higher as retirees are overly exposed to equities, running a serious risk that the next market meltdown could wipe out their retirement accounts, reported Bloomberg.

The [Fidelity] report notes more than 33% of baby boomer clients have exceeded Fidelity's recommended allocation to equities."
https://www.zerohedge.com/personal-fina ... to+zero%29

CNBC is now all over this story
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Re: 11/14/2019 Live Update

Postby Trades with cats » Thu Nov 14, 2019 4:08 pm

ES 12-19 (2000 Tick) 2019_11_14 (1_03_54 PM).png

Nice channel break out for power hour. Gee is that a bunch of sell orders at the magic options level of 95. We will see what happens.
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Re: 11/14/2019 Live Update

Postby Al_Dente » Thu Nov 14, 2019 4:08 pm

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Re: 11/14/2019 Live Update

Postby Cobra » Thu Nov 14, 2019 4:54 pm


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Re: 11/14/2019 Live Update

Postby Cobra » Thu Nov 14, 2019 4:55 pm

well, guess that's it for today. here's what Friday looks like: https://stockcharts.com/public/1684859/ ... /533449397

thank you guys, I'll see you in another thread soon.

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