01/08/2014 Live Update

[Al_Dente]

FYI
Full text of the minutes:
http://www.federalreserve.gov/monetaryp ... 131218.htm

[fehro]

blue channel .. SPX 5m.. holding atm

[Mr. BachNut]

SPX 5m.. FOMC minus 10 minutes to launch... fill lower gap? or pop up?

or both?

Neither ?!?

[Al_Dente]

*FED OFFICIALS SAW WANING BENEFITS FROM MONTHLY BOND PURCHASES
•*MANY FOMC MEMBERS FAVORED QE TAPERING IN `MEASURED STEPS'
•*MOST FOMC PARTICIPANTS WERE MORE CONFIDENT IN JOB MARKET GAINS
•*FOMC PARTICIPANTS `MOST CONCERNED' ABOUT QE RISKS TO STABILITY

[L_T]

...bye boss

A / D looking kinda bearish today.

funny, I show only 16 new lows (NYSE) today, intraday
ps: missed u

It's directly from Yahoo Finance so who knows if they are correct or not. I just like the A / D percentage they list.
http://finance.yahoo.com/advances

L_T
Just FYI
I think stockcharts gets its feed from Tompson-Reuters
Obviously the yahoo numbers include more than the NYSE lows. OK, I see yahoo is including “pre-market and regional exchanges” so it’s a consolidated-feed (not just NYSE).
Here’s 30min lows, NYSE only, u have to go back to 12 dec to see NYSE lows above 70, and that was a spy bottom !!!

18lows2_png.png

Wow good info. Fortunately I really do only look at the A/D %'s and not the new highs and lows. I'll make a mental note to be especially wary of that now though.

[BullBear52x]

Bulls are still strong, /ES selling on Hourly is weak, but histogram on both SPX(include extend hour data) and /ES are now crossed bearish, I will have to take off my bullish hat.

[fehro]

VIX yawn... nothing!

[Al_Dente]

Anyone on “E-Trade” ?
access problems are being reported

[MrMiyagi]

First move Fake move?

[Cobra]

so far no direction. wait.

[fehro]

SPX 60m.. minor line tweeks.. could still get one more pop up in the bear wedge.. prior to heading lower... if not... mind the open gaps below

[SigmaEcho]

so far no direction. wait.

When in doubt, buy the dip ?

[BullBear52x]

eyeing 1826ish on /ES

that is 5 handles

[Cobra]

a little up biased? but may stay in range though.

[MrMiyagi]

!!!!! POWER HOUR !!!!!

[Cobra]

!!!!! POWER HOUR !!!!!

[Al_Dente]

Q: Did the minutes have any substantial effect on other asset classes?
A: Not much that I can see

[Cobra]

BearSleep.jpg (7.85 KiB) Viewed 2861 times

[Heck]

Check out this list of internet outages, many of them major financial companies

http://downdetector.com/companies

[Cobra]

looks like down instead of up, I was wrong.