07/03/2012 Live Update

[Cobra]

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Flat open, so any gap will be filled. Only half day trading, don't forget.

The Global ES looks like a consolidation therefore it favors bulls as consolidation usually means continuation.

[EFA]

Good Morning, Cobra! Happy 4th of July!
Thanks for yesterday comments and for all the work you do!

[Cobra]

the open.

[Petsamo]

My F is up big for some reason

[Cobra]

Good Morning, Cobra! Happy 4th of July!
Thanks for yesterday comments and for all the work you do!

Thanks.

You too happy holiday.

[Petsamo]

This is how oversold F got.

[ClarkW]

HDGE looks interesting to me on the daily. It's bumping up against trendline, ChiOsc is lowest in it's short history and it could benefit form $NYMO being extended. Might nibble on some before the days over for a couple day-week(s) trade. NOT A RECOMMENDATION

[rc1269]

My F is up big for some reason

today is June vehicle sales

[Petsamo]

My F is up big for some reason

today is June vehicle sales

I hear Chrysler did well, that Italian automaker.

[KENA]

May not do to much today..Lots of green showing up on the Dorsey Wright P&F charts..More then 60% of the charts are green in X's..The NYSEBP is only .66% away from changing to X's.This could happen in the next day or two.It does look like the mkt is turning bullish..Here is a table that DW made up showing some of the indexes for the year.Was able to copy this one,most everything on DW is blocked from copying.

[ClarkW]

HDGE looks interesting to me on the daily. It's bumping up against trendline, ChiOsc is lowest in it's short history and it could benefit form $NYMO being extended. Might nibble on some before the days over for a couple day-week(s) trade. NOT A RECOMMENDATION

Of course that trendline has already been broken

[Petsamo]

They're trying to slam JPM

[Petsamo]

Oh crap, US closes at 1 pm. Same with Canada ?

[ballatines]

Cobra, SPY candlestick is hanging man ytd ?

and how is the overbought situation now ? i am wonder if i have take some partial profit now

[Hardy]

Happy independence day to all. However I will invite all of my British friend to my party.
Just joking

[EvilTrader]

$NYMO must be extremely high now, any intraday update anyone ?

[Unique]

Why is /ES lower than SPX?

[schmd2000]

It's 10:45am, can anyone post an updated SPY chart, thx!!!

[KENA]

Also showing mkt improvement are the Stocktimeing charts.More green showing.Liquidity is creeping up into expansion area..All this improvement should make the bulls happy..One cheep stock I trade now and then is" DRYS" .It takes time to make anything but has been good at following its trend.It is now just off the bottom and if true to form it will creep up and could double in 3-4 months..I will buy and hold for max profit.Lets see how it works.

[KENA]

Taking gains on SYNC.Even though the mkt may go up this has had a nice gain.It may go more but need bucks to help cover my trapped short and not be greedy.It seems when one is greedy the trade does not turn out as good.