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03/05/2020 Live Update

Re: 03/05/2020 Live Update

Postby BullTart » Thu Mar 05, 2020 12:58 pm

zooming out, looks like a classic back test failure of the ascending triangle - will need to below 3030 to confirm pattern.
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Re: 03/05/2020 Live Update

Postby Heck » Thu Mar 05, 2020 1:00 pm

0.90 edit % $TNX ATL

1/0.0092

=> 111 Equity PE

= UP UP and Away

111/23.03 = 4.82 edit

https://www.multpl.com/s-p-500-pe-ratio
Last edited by Heck on Thu Mar 05, 2020 1:50 pm, edited 1 time in total.
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Re: 03/05/2020 Live Update

Postby Cobra » Thu Mar 05, 2020 1:00 pm


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Re: 03/05/2020 Live Update

Postby BullBear52x » Thu Mar 05, 2020 1:20 pm

Chart for the road: Bulls about to fail, looks like a bull flag is about to fail. they need to head back sooner the better.Trade well, Peace!
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Re: 03/05/2020 Live Update

Postby Heck » Thu Mar 05, 2020 1:32 pm

QQQ Target + 76 %
From 211.22 edit to 370.8
+ 0.75 % Dividend Yield
Last edited by Heck on Thu Mar 05, 2020 2:37 pm, edited 1 time in total.
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Re: 03/05/2020 Live Update

Postby Cobra » Thu Mar 05, 2020 1:35 pm

Only 50% chances of double bottom here for now.
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Re: 03/05/2020 Live Update

Postby Heck » Thu Mar 05, 2020 1:39 pm

100 % Odds of (Another) FOMC Rate Cut
On 18 Mar 2020
https://www.cmegroup.com/trading/intere ... -fomc.html
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Re: 03/05/2020 Live Update

Postby Al_Dente » Thu Mar 05, 2020 1:40 pm

Yesterday, according to Bloomberg, JPMorgan asked thousands of US-based employees to work from home in test of "virus contingency plan" for closing domestic offices should the coronavirus spread. As part of the test, managers requested that about 10% of staff across its consumer bank work remotely as part of the plan’s resiliency testing... that means that over 12,000 workers will be working from home for the foreseeable future.

Today, JPMorgan escalated their resiliency plan by sending some of its New York and London sales and trading staff to backup locations in response to the coronavirus.
“We are starting to shift people as a precautionary measure at this stage,” the bank said Thursday in a memo to staff.
“Dividing our workforce into different locations improves our ability to serve clients continuously while reducing the health risks associated with physical contact should a case arise.” [Reuters]
Last edited by Al_Dente on Thu Mar 05, 2020 2:01 pm, edited 1 time in total.
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Re: 03/05/2020 Live Update

Postby Heck » Thu Mar 05, 2020 1:41 pm

BullBear52x wrote:Chart for the road: Bulls about to fail, looks like a bull flag is about to fail. they need to head back sooner the better.Trade well, Peace!


Good call
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Re: 03/05/2020 Live Update

Postby BullTart » Thu Mar 05, 2020 1:47 pm

Welp, there it is, ascending triangle, broke down, back tested, failed the back test, and flush goes the toilet!
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Re: 03/05/2020 Live Update

Postby Heck » Thu Mar 05, 2020 1:48 pm

JPM Target + 108 %
From 113.62 to 236.51
+ 3.17 % Dividend

197 % Debt/Equity
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Re: 03/05/2020 Live Update

Postby Heck » Thu Mar 05, 2020 1:58 pm

CNN Extreme Fear 9 Sentiment
Testing Lows

Many times sentiment hits extremes
AFTER Price extremes

Many hacking, puking and throwing in the market proverbial towel

Especially tranny related

RCL
65.1
Royal Caribbean Cruises Ltd
-13.48(-17.15%)
NCLH
28.095
Norwegian Cruise Line Holdings Ltd
-4.9(-14.86%)
CCL
27.945
Carnival Corp
-4.51(-13.91%)
ALK
43.905
Alaska Air Group Inc
-5.78(-11.64%)
AAL
16.415
American Airlines Group Inc
-2.12(-11.41%)
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Re: 03/05/2020 Live Update

Postby Heck » Thu Mar 05, 2020 2:06 pm

CBOE Target + 71 %
From 115.709 to 197.45
+ 1.2 % Dividend

46 % Margins
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Re: 03/05/2020 Live Update

Postby Heck » Thu Mar 05, 2020 2:07 pm

HIMSS health conference canceled because of coronavirus

Sell-off intensifies, Dow tanks 1,000 points

Market trough of despair ?

BULLYA
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Re: 03/05/2020 Live Update

Postby QED » Thu Mar 05, 2020 2:14 pm

WE ARE ALL GOING TO DIE (eventually)
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Re: 03/05/2020 Live Update

Postby Heck » Thu Mar 05, 2020 2:16 pm

NEM Target + 82 %
From 50.425 to 91.64
+ 1.08 % Dividend

47 % Margins

New high

Doesn't Lie
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Re: 03/05/2020 Live Update

Postby Heck » Thu Mar 05, 2020 2:17 pm

QED wrote:WE ARE ALL GOING TO DIE (eventually)


MrMiyagi
@MrMiyagann
·
59m
$NYMO lower today, down to -67 and touched about -77 at the lowest point. #NYSE close to 90% down day yet again, $VIX up 17.5% to the session's high 37.60. $SPY $QQQ rose into #European market close, gave back most of that, no bottom retest yet

https://stockcharts.com/public/1684859/ ... /585389789
Last edited by Heck on Thu Mar 05, 2020 2:25 pm, edited 1 time in total.
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It is all written

Postby Harapa » Thu Mar 05, 2020 2:18 pm

Attachment is removed to protect the interests of whistle blower
https://twitter.com/Harapa99/status/1235563083843674112/photo/1
Last edited by Harapa on Thu Mar 05, 2020 2:41 pm, edited 2 times in total.
Above is provided for informational purposes only and shouldn't be considered an investment advice or recommendation to buy or sell anything.
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Re: 03/05/2020 Live Update

Postby BullTart » Thu Mar 05, 2020 2:19 pm

Ascending triangle continuation trade to the downside is proceeding as planned pretty nicely... that back-test was so precise!

Should take us down to 2800 when this down-leg is done
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Re: 03/05/2020 Live Update

Postby Al_Dente » Thu Mar 05, 2020 2:35 pm

Aggressive sectors:
SPX, QQQ, and XLV are still on higher lows
others are not
60min, one month
35sector.png.png
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