07/08/2015 Live Update

[Al_Dente]

*FOMC SAW CONDITIONS STILL APPROACHING THOSE WARRANTING LIFTOFF
*ONE MEMBER READY TO RAISE RATES IN JUNE BUT WILLING TO WAIT
*MANY FED OFFICIALS EXPRESSED CONCERN ABOUT GREECE AT JUNE FOMC
*SEVERAL OFFICIALS VOICED UNCERTAINTY ABOUT CHINESE GROWTH PACE

*MOST SAW OIL PRICE STABILITY BOOSTING INFLATION CONFIDENCE
*FED OFFICIALS GAVE A NUMBER OF REASONS FOR CAUTION OVER OUTLOOK
*MANY OFFICIALS WANTED MORE SIGNS OF STRONGER GROWTH FOR LIFTOFF
*A NUMBER OF FED OFFICIALS WARNED AGAINST PREMATURE RATE RISE

[BullBear52x]

AAPL, this consolidation is going on for 4 moths now, and looks like bears start to crack it.

[brucekeller]

Kinda figured that stupid watch would mark their top.

[Denali92]

Something to keep in mind for next week - IF the selling continues...

http://www.cobrasmarketview.com/2015/07 ... ay-update/

Off to the US on Friday for the kids' summer vacation. Never easy dealing with normal US trading hours.... much prefer trading the US in the CET timezone.

-D

[BullBear52x]

Kinda figured that stupid watch would mark their top.

i-Car is next

[BullBear52x]

sell day today, wedgie

[Al_Dente]

VIX futures go into backwardation again INTRADAY
[Check the closing prices tonight, that’s what counts]
http://www.barchart.com/commodityfuture ... de=I&view=

[fehro]

TLT strong, TRANsports takes out yesterday's lows

[Trades with cats]

ES barely holding around the S1 level (2046.75) wonder if a test of the overnight low at 2042 is in the cards? After all that drop was interrupted by the Swiss intervention, so it never really played out.

[BullBear52x]

VIX futures go into backwardation again INTRADAY
[Check the closing prices tonight, that’s what counts]
http://www.barchart.com/commodityfuture ... de=I&view=

The attachment 78backwardation.png.png is no longer available

VIX fooled me yesterday at closed.

[Al_Dente]

VIX futures go into backwardation again INTRADAY
[Check the closing prices tonight, that’s what counts]

VIX fooled me yesterday at closed.

me too boss
Summary today:
NYSE floor was down, still down [?]
wsj.com was down, now back up
UAL “computer glitch” … planes were grounded, now back up
The fact that these three things happened almost simultaneously got the White House and Homeland and Treasury on alert
50% of China's A-shares still halted
Zerohedge was down and was the first to recover
“They” are calling this a “Black Squirrel” event rather than a “Black Swan”

[MrMiyagi]

No bounce today I fear, Yellen's pills didn't kick in.

old yellen

1253.png (195.42 KiB) Viewed 5929 times

[Al_Dente]

No bounce today I fear, Yellen's pills didn't kick in.

1253.png

Dear MrM:
Will "Power Hour" be halted today ?

[BullBear52x]

VIX futures go into backwardation again INTRADAY
[Check the closing prices tonight, that’s what counts]

VIX fooled me yesterday at closed.

me too boss
Summary today:
NYSE floor was down, still down [?]
wsj.com was down, now back up
UAL “computer glitch” … planes were grounded, now back up
The fact that these three things happened almost simultaneously got the White House and Homeland and Treasury on alert
50% of China's A-shares still halted
Zerohedge was down and was the first to recover
“They” are calling this a “Black Squirrel” event rather than a “Black Swan”

When they shut Cobramarketview.com that will be the Black Swan.

[MrMiyagi]

Will "Power Hour" be halted today ?

"technical glitch"


ps: SPY $204.87 pbar from yesterday hit, lower one at $204.21 still open.

[Daniel]

Dow Transports threatening to break 8000

[Al_Dente]

Descending triangle (continuation pattern) breaks downward 64% of the time

[fehro]

VIX daily.. pops/ gaps intra day over 19

[Daniel]

When they shut Cobramarketview.com that will be the Black Swan.

Please, BB52, that would be a "Black Snake".

..meanwhile, everything hitting fresh LOD

[BullBear52x]

Black swan glitch will look like this on your trading station monitors.