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11/14/2019 Live Update

te_fern
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Re: 11/14/2019 Live Update

Post by te_fern »

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

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Al_Dente
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Re: 11/14/2019 Live Update

Post by Al_Dente »

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
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
te_fern
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Re: 11/14/2019 Live Update

Post by te_fern »

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

Post by Al_Dente »

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
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: 11/14/2019 Live Update

Post by Al_Dente »

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

Post by Al_Dente »

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/
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Trades with cats
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Re: 11/14/2019 Live Update

Post by Trades with cats »

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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Al_Dente
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Re: 11/14/2019 Live Update

Post by Al_Dente »

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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Al_Dente
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Re: 11/14/2019 Live Update

Post by Al_Dente »

SENTIIMENT:
1/VIX has been flopping around all month
Yesterday it confirmed bear-spy
(changes quickly, like everything else)
60min
1114vix60.png.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Trades with cats
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Re: 11/14/2019 Live Update

Post by Trades with cats »

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

Post by Trades with cats »

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

Post by Trades with cats »

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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Cobra
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Re: 11/14/2019 Live Update

Post by Cobra »

maybe the low was finally in here. bias is up now.
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MrMiyagi
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Post by MrMiyagi »

Cobra wrote:maybe the low was finally in here. bias is up now.
SELLING KIDNEYS GOING ALL IN THEN!!
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Al_Dente
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Re: 11/14/2019 Live Update

Post by Al_Dente »

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
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Trades with cats
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Re: 11/14/2019 Live Update

Post by Trades with cats »

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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Al_Dente
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Re: 11/14/2019 Live Update

Post by Al_Dente »

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Cobra
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Re: 11/14/2019 Live Update

Post by Cobra »


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Cobra
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Re: 11/14/2019 Live Update

Post by Cobra »

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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