Page 2 of 3
Re: 05/18/2020 Live Update
Posted: Mon May 18, 2020 11:02 am
by ccash04
VIX not staying down, maybe due to the big gap this morning. Investment bonds not as thrilled as equity, junk bonds are thrilled.
Does seem like SPY is going to test 300 prior to going down.
Re: 05/18/2020 Live Update
Posted: Mon May 18, 2020 11:07 am
by Al_Dente
Add Fidelity to that list (?)
Do you remember the last time we little retailers led the market, and the institutions had to "catch up."
No, I don't either...
https://eresearch.fidelity.com/eresearc ... ders.jhtml
Re: 05/18/2020 Live Update
Posted: Mon May 18, 2020 11:07 am
by JFR
Re: 05/18/2020 Live Update
Posted: Mon May 18, 2020 11:15 am
by Heck
$VIX Target + 129 %
From 28.35 to 65 = DOWN
$TRIN > 1 = DOWN
Re: 05/18/2020 Live Update
Posted: Mon May 18, 2020 11:22 am
by Cobra
This bull shall have legs. It's an uptrend day, stronger than I thought. I thought even it's an uptrend day it'd be very slow one but so far it's not.
Re: 05/18/2020 Live Update
Posted: Mon May 18, 2020 11:29 am
by ccash04
Building positions in puts, that is only thing that looks like value now.
Re: 05/18/2020 Live Update
Posted: Mon May 18, 2020 11:37 am
by Al_Dente
Buffett has been on a selling spree
No new buys for Buffett
https://marketrealist.com/2020/05/berks ... ing-spree/
Re: 05/18/2020 Live Update
Posted: Mon May 18, 2020 11:40 am
by JFR
Dow 30. A sea of green. Led by DOW, BA and RTX. MRK, PFE and JNJ trailing.
Re: 05/18/2020 Live Update
Posted: Mon May 18, 2020 11:41 am
by Al_Dente
INVERTED Volatility
Options traders are not as bullish as you would expect
Re: 05/18/2020 Live Update
Posted: Mon May 18, 2020 11:45 am
by BullBear52x
I wonder why? the king of dip buyers and don't go against America guy, He now sell? something is not right.
Re: 05/18/2020 Live Update
Posted: Mon May 18, 2020 11:47 am
by JFR
https://www.marketwatch.com/story/dow-f ... =home-page
U.S. stocks soared on Monday, erasing May losses, after drugmaker Moderna announced positive, early results from its first human trial of its experimental Covid-19 vaccine, boosting hopes that the medical community was making progress against the coronavirus.
Risk assets also received a boost after Federal Reserve Chairman Jerome Powell on Sunday night struck a more upbeat tone on the U.S.’s growth prospects, while highlighting that the central bank still retained tools to limit the economic downturn.
Re: 05/18/2020 Live Update
Posted: Mon May 18, 2020 11:48 am
by merryme
I monitor several of the BUY SIDE institutions' buying and selling over each quarter. (It's a manual process.) Since 9/30/19 through today, which is the most up-to-date data available to me, Vanguard has reduced their holdings by $229,493,000,000 which is roughly 8%. The big tell will be next quarter's data... patience is needed to ride this out before investing long term.
https://old.nasdaq.com/quotes/instituti ... -inc-61322
Premarket day trading is most lucrative now because that's when the FEDs are buying. (<=That's an opinion, not a fact!)
Re: 05/18/2020 Live Update
Posted: Mon May 18, 2020 11:50 am
by BullBear52x
If today is the start of a reversal we should see funds withdraw late in the day. I am selling at every peak from here on. RSI >70 on 1min. to participate on the late day sell off, if I am wrong I don't see any more squeeze all FOMO are all in and feel really good right about now.
Re: 05/18/2020 Live Update
Posted: Mon May 18, 2020 11:51 am
by Al_Dente
BullBear52x wrote:
I wonder why? the king of dip buyers and don't go against America guy, He now sell? something is not right.
Re: 05/18/2020 Live Update
Posted: Mon May 18, 2020 11:56 am
by merryme
Premarket demand started at about 7:40 am Eastern Time today. It was impressive.
Re: 05/18/2020 Live Update
Posted: Mon May 18, 2020 12:12 pm
by Cobra
Re: 05/18/2020 Live Update
Posted: Mon May 18, 2020 12:22 pm
by Cobra
Back to what I felt at the start: Slow uptrend day at the best. Now the very first touch of EMA20, watch for buy setup. Also it means the uptrend of today is near over.
Re: 05/18/2020 Live Update
Posted: Mon May 18, 2020 12:25 pm
by Cobra
Higher high fulfilled, it took much longer time than I thought though $SPY $SPX $ES_F
viewtopic.php?f=2&t=4007&p=282796#p282796
Re: 05/18/2020 Live Update
Posted: Mon May 18, 2020 12:25 pm
by Al_Dente
Mr. Wonderful on CNBC said moments ago:
just put your money in tech and health
I'm sick of these banks
Re: 05/18/2020 Live Update
Posted: Mon May 18, 2020 12:44 pm
by Heck
BullBear52x wrote:
I wonder why? the king of dip buyers and don't go against America guy, He now sell? something is not right.
In the short run market a voting machine
In the long run market a weighing machine
Third of Men not working
https://fred.stlouisfed.org/series/LNU01300001
Record 39.6 % Unemployment
http://www.shadowstats.com/alternate_da ... ent-charts
55% of shuttered small businesses don’t plan to rehire workers
Record 103 million Americans of working age Not in Labor Force
https://fred.stlouisfed.org/series/LNS15000000
Tax revenues replaced by record $7 T Fed Digital Funny Money
https://fred.stlouisfed.org/series/WALCL
But hey, it could be worse
BG sold all MSFT shares in his Foundation
https://www.gurufocus.com/guru/bill+gates/stock-picks