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05/06/2015 Live Update

Trades with cats
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Re: 05/06/2015 Live Update

Post by Trades with cats »

Common Knowledge Game- i.e. what is market consensus
1. Monthly jobs report estimates are all over the map, waiting for Goldman to weigh in, as that counts as consensus. Will bad be good and good bad this time because of Fed effect?
2. Greek loan on Monday, current press reports no deal possible by Monday. If they don't get the 7 billion it is good night Irene. Another Sunday night save the markets jaw bone compromise?

Both items could easily move markets and Dell has pointed out Bollingers are primed for an explosive move.
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Tutti
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Re: 05/06/2015 Live Update

Post by Tutti »

Filed under FWIW: coming into today the NASDAQ was oversold and I would imagine if we close here we should be nearing extreme levels that have seen bounces over the last 2 or so years.
NASDAQ_McClellanOSC_Oversold_06MAY15.tiff
NASDAQ_McClellanOSC_Oversold_06MAY15.tiff (49.3 KiB) Viewed 3160 times
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Al_Dente
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Re: 05/06/2015 Live Update

Post by Al_Dente »

BullBear52x wrote: oii and gas are what's up...
On my watch, long oil just pretty much does what short dollar tells it to do
But depends on yr timeframe as per usual, this is hourly, ignore the vertical lines.
56oil v udn_png.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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BullBear52x
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Re: 05/06/2015 Live Update

Post by BullBear52x »

Institutional index, Bears got a stamp of approval today, <900 today. This is why I don't post much today, Momma said " if you got nothing good to say then don't say a word" there is no good word for TA trend following world to said today. both the " It is what it is" and "Keep it simple stupid" department also has nothing positive to say :lol:
1.PNG
on the panic side of thing let see how this one goes?
2.PNG
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Out of Bounds
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Re: 05/06/2015 Live Update

Post by Out of Bounds »

Tutti wrote:Filed under FWIW: coming into today the NASDAQ was oversold and I would imagine if we close here we should be nearing extreme levels that have seen bounces over the last 2 or so years.
NASDAQ_McClellanOSC_Oversold_06MAY15.tiff
I can not see this, Tutti.
...
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Tutti
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Re: 05/06/2015 Live Update

Post by Tutti »

Out of Bounds wrote:
Tutti wrote:Filed under FWIW: coming into today the NASDAQ was oversold and I would imagine if we close here we should be nearing extreme levels that have seen bounces over the last 2 or so years.
The attachment NASDAQ_McClellanOSC_Oversold_06MAY15.tiff is no longer available
I can not see this, Tutti.
Odd...how about this?
NASDAQ_McClellanOSC_Oversold_06MAY15.jpg
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BullBear52x
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Re: 05/06/2015 Live Update

Post by BullBear52x »

Al_Dente wrote:
BullBear52x wrote: oii and gas are what's up...
On my watch, long oil just pretty much does what short dollar tells it to do
But depends on yr timeframe as per usual, this is hourly, ignore the vertical lines.
56oil v udn_png.png
Yes, time frame, time frame.
My comments are for entertainment/educational purpose only. NOT a trade advice.
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Al_Dente
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Re: 05/06/2015 Live Update

Post by Al_Dente »

Hi Tootti
I saw the first one BIG and the second one SMALL but they are as of yesterday's close, no?
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
fehro
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Re: 05/06/2015 Live Update

Post by fehro »

XLF today <20d, 50d, 20w all today.. converging 24.24-24.29 .. time for FAZ
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BullBear52x
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Re: 05/06/2015 Live Update

Post by BullBear52x »

intraday trend following, sell next selling wave, the day is old so I doubt it will be a good sell this time, but no way it's a buy for trend guy. this is when TSI is coming handy. Peace out!
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Al_Dente
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Re: 05/06/2015 Live Update

Post by Al_Dente »

someone posted this many pages ago:
Auntie Yellen just said:
"could see sharp jump in rates when Fed hikes ; equity valuations are generally quite high

does anyone have a link to the text of her evil speech ?
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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BullBear52x
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Re: 05/06/2015 Live Update

Post by BullBear52x »

Seller watch this.
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Tutti
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Re: 05/06/2015 Live Update

Post by Tutti »

Al_Dente wrote:Hi Tootti
I saw the first one BIG and the second one SMALL but they are as of yesterday's close, no?
Correct, that's why I think today should bring us into or at least near extreme levels, but wont know until the close...

Here is the Yellen link http://www.bloomberg.com/news/videos/20 ... uite-high-
Xian
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Re: 05/06/2015 Live Update

Post by Xian »

Al_Dente wrote:someone posted this many pages ago:
Auntie Yellen just said:
"could see sharp jump in rates when Fed hikes ; equity valuations are generally quite high

does anyone have a link to the text of her evil speech ?
Boss, here's the speech, but those remarks came during Q&A (See second link)

http://www.businessinsider.com/janet-ye ... y-6-2015-5

http://www.reuters.com/article/2015/05/ ... JI20150506
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Cobra
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Re: 05/06/2015 Live Update

Post by Cobra »


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Cobra
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Re: 05/06/2015 Live Update

Post by Cobra »

well, guess that's it for today. Thursday tomorrow has been mixed. thank you guys, I'll see you tomorrow.

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Daniel
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Re: 05/06/2015 Live Update

Post by Daniel »

HOMEBUILDERS, smallcaps, and esp. regional banks showing strength into the close.
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KENA
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Re: 05/06/2015 Live Update

Post by KENA »

All my 3X ETF shorts are do just great...It happens sometimes.
Daniel
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Re: 05/06/2015 Live Update

Post by Daniel »

BPSPX and BPNDX renko issued a strong SELL yesterday, and confirmed today.
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Out of Bounds
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Re: 05/06/2015 Live Update

Post by Out of Bounds »

Could be up tomorrow.
...
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