09/19/2014 Live Update

[Varaha]

starbucks is the new coca cola.

saw some people posting about gold bottoming again in the last 12 hours. wham down it goes again!

Also: A failed reverse H&S on GDX !!

[uempel]

BB 20/2 on the weekly suggests resistance up there, but I'd like to know if perhaps-perhaps-perhaps the market has already topped for the day ...

[KENA]

Still holding small position of TZA. Had it for a few weeks now and will be adding to it .The chart shows why I'm holding it for a longer swing trade. So lets see.

chart by stocking

sa%202k.png (25.57 KiB) Viewed 8959 times

[fehro]

starbucks is the new coca cola.

saw some people posting about gold bottoming again in the last 12 hours. wham down it goes again!

GLD weekly... that green line is similar to the long uptrend line in GOLD (1200ish range) from the 2001 lows.. so a 10+ year uptrend... break it.. could get ugly.

[uempel]

No comment:

[DellGriffith]

Back in 2013, Goldman Sachs called for $1200 (minimum) in 2014. Gold bugs laughed then. Laughed even a month ago. Only $17 away now. Basically, if gold bottomed now, it would still be considered a good call.

Goldman Sachs is good at making calls.

[Mr. BachNut]

No position. Bought the post new high consolidation yesterday afternoon and sold when I went to bed.
It was just a discretionary Alibaba Scotland OPEX play. No model. Just tape reading and guesswork.

My summation signal is down. Looks like it may want to turn up soon.
My composite trend signal is neutral. Numerically, it is quite strong actually. Just getting hung up by 2 critical indicators reluctant to turn.
May turn up at today's close if it is an up day.

Checking out early today for the weekend. So, plan to do nothing.

NYMO has made great progress but remains below zero.
It kind of looks like the cycle low may be in but need to see higher low then higher high. May be on next weeks agenda.
This state of affairs can progress either bull or bear scenarios from here. So, not much help but I would say odds tilt bull after some kind of corrective move.

[Out of Bounds]

NYSE breadth just turned negative

[Mr. BachNut]

Interesting P Bar dynamics overnight up and down.

I was looking for Miyagi's upside bar to appear last night as my data feed almost always prints these after-hours rather than during the open session.
Curiously, it did not pop up until the pre-market this morning. Whatever...

[PurpleRosesLover]

Friends , Can anyone tell me what will be the Settled value of ES Sep 2014.

The last traded rate ES Sep 2014 is 2019.25, but i know it is settled at opening price , but what is the opening price is it the S&P500 index opening price. i see in yahoo finance, the opening price is 2012.74. I bought ES2015 put for pennies, will i make some money. As per the opening price of 2012.74/-, the in the money value of the put will be settled at 2.24, is that correct ? can any one guide me.

Thankyou

chetas, my understanding is: today's ES front contract stopped trading at 9:30am EST. It's final price will be determined by SOQ. What is SOQ:
(SOQs are calculated per normal index calculation procedures except that the values for the respective components are taken as the actual opening auction values for each of the component equities at either the NYSE or NASDAQ. The SOQ for the S&P 500 may be referenced on Bloomberg systems with the ticker symbol “SPXSET <INDEX>”.)

We will know the ES's SOQ at about the end of today, say 5pm EST. SOQ normally is close to the ES price at 9:30am of September contract. I guess ES SOQ will be close to 2020.00 for today.

[Heck]

ISE ALL opening long overvalued calls/puts @ 67% = Market Buy

http://www.ise.com/market-data/isee-index/

[uempel]

Update:

[uempel]

ISE ALL opening long overvalued calls/puts @ 67% = Market Buy

http://www.ise.com/market-data/isee-index/

Quadruple Witch, does your data consider?

[StevieWonder]

Settlement prices for futures here:

http://www.cboe.com/data/Settlement.aspx

[PurpleRosesLover]

Settlement prices for futures here:

http://www.cboe.com/data/Settlement.aspx

Thanks StevieWonder. Looks like we got the settlement value already. From the table looks like Sept ES settlement is 2022.46.

I wonder where is the YM value? I could not find YM...

[fehro]

Back in 2013, Goldman Sachs called for $1200 (minimum) in 2014. Gold bugs laughed then. Laughed even a month ago. Only $17 away now. Basically, if gold bottomed now, it would still be considered a good call.

Goldman Sachs is good at making calls.

Believe Goldman Sachs' 2014 target is $1050 - GOLD end of day chart...

[Xian]

Here is the tiny piece that makes this a better story, "...Gorelick was one of the first investors in the Seattle-based chain. He was introduced to Starbucks chief Howard Schultz through an uncle, before the company went public, and soon bought a stake. Shares are up more than 12,000 percent since beginning public trade.>

starbucks is the new coca cola.

So, Kenny G was in one the ground floor of the modern day equivalent of Coke?!?! Excuse me while I go on a murderous rampage

Good for Kenny G. I just hope not to read anything about how Vanilla Ice was an original investor in Google or Justin Beiber having a 2% stake in BABA

Kenny G, Beiber and Vanilla ice in one post? I need a silkwood shower.

This should do:

http://www.youtube.com/watch?v=0dlzernK0Ms

Sorry to make fun of Kenny G. Probably a great guy. Not sorry about making fun of those other two douchebags

[uempel]

Update:

[Cobra]

breakdown blue line to confirm 100% mm.

[Al_Dente]

WSJ
11:09 am ET
BABA
“The investors who got stock paid $68 per share. Friday, early indications were the stock would open between $91 to $92, suggesting at least a 34% gain at the open if the price sticks…”