10/18/2012 Live Update

[Al_Dente]

IBM still sucks too

[skittlesmds]

They halted the Google stock. Are they that desperate to keep the market rally going?

[TraderGirl]

APPL heading back down to test support...

[ClarkW]

For anyone that got into YELP. What are you thinking? We aren't far from my stop loss but now if we get there we'll have positive divergence on RSI.....

[MrMiyagi]

5$ says they come back with "GOOG release was fraudulent, they have great earnings."
I can hear the erasers now.

[CH37]

GOOG getting hit....as expected!! HA!!

isn't earning after hours? why it's down now?

My take: smoke signal out of Europe. European advertising is most certainly down, this will cut into goog earnings.

I gave this link yesterday. GOOG reports after-hours.

thank you.
but, why no circuit break ?

[ClarkW]

stop loss hit on 1/2 my YELP fwiw, feel I'll regret that but still holding 1/2

[Al_Dente]

Something is propping the dow up (?)
Top four dow at the moment [edit: percentage gainers, dow] : TRV, VZ, T, JNJ

[Petsamo]

GOOG getting hit....as expected!! HA!!

isn't earning after hours? why it's down now?

My take: smoke signal out of Europe. European advertising is most certainly down, this will cut into goog earnings.

I gave this link yesterday. GOOG reports after-hours.

thank you.
but, why no circuit break ?

I think it just kicked in

[Jack12]

5$ says they come back with "GOOG release was fraudulent, they have great earnings."
I can hear the erasers now.

Google Inc 689.09 755.49 759.24 678.15 -66.40 -8.79% 16:50:50

[TraderGirl]

For comparisons sake...this is not a forecast..even though I think we are nearing a top of some kind.
This is where we were on the SPX and NDX last time GOOG sold off in 2007...

[uempel]

Update:

[Al_Dente]

PAGING LT
did u straddle goog yester?

[Al_Dente]

schw platform = goog still halted
Q: when they halt the stock, do they halt options too ???

[TraderJoe]

schw platform = goog still halted
Q: when they halt the stock, do they halt options too ???

I'll GUESS yes..

[TraderGirl]

schw platform = goog still halted
Q: when they halt the stock, do they halt options too ???

CNBC says GOOG requested it be halted....also, i think there are automatic halts based on 10% or more down right?

[Harapa]

VIXies Update
VIXies 5 min setup now favors Bears.
AL: XIV, not sure

[TraderGirl]

NUGT could have had a series of abc corrective waves up, so this wave structure looks very negative...more down to come....IMHO....

[Cobra]

lunch time, will be back. doesn't look good now, seems this bear has legs.

[Mr. BachNut]

Market Neutral.
Trend is up, but my signal has some cautionary divergences.
My summation signal looks like it will turn up tomorrow.
Would like to see some post OPEX trade before playing long.
I may stay flat as I'll be traveling next 2.5 weeks.
Seems possible we may trade in a range here until the election.

Carry trade (AUD.JPY) is back on with vigor, but may see some resistance here at this declining tops line.
Perhaps it breaks through next week or takes a trip back down toward support. Equities will feel it.
The head and shoulders that was percolating came ever so close but did not complete.
That support line looks pretty key for future reference.