Back to www.cobrasmarketview.com

06/30/2017 Live Update

Denali92
Posts: 526
Joined: Wed May 25, 2011 3:39 pm

Re: 06/30/2017 Live Update

Post by Denali92 »

Two things:

DAX has led the market this week and it is NOT HAPPY! It is below yesterday's lows.....

Here is a quick summary of a larger post that I am putting together on the 4th of July.

http://www.cobrasmarketview.com/2017/06 ... ay-update/

Be back later,

-D
QED
Posts: 992
Joined: Wed Feb 11, 2015 2:04 pm

Re: 06/30/2017 Live Update

Post by QED »

Al_Dente wrote:Asked once before, will try again:
What is the math for that ““adding about 32 points to the price of the Dow””?
I could be wrong, but perhaps since (as of yesterday) NKE was weighted as 1.71% of the DJIA:
http://indexarb.com/indexComponentWtsDJ.html

then 1.71 x 8.8% (approx increase today) = .15%
DJIA (today) = ~ 21,346 x .15% (from above) = ~ +32.12

My best guess … :ugeek: :roll:
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 06/30/2017 Live Update

Post by Al_Dente »

QED wrote:
Al_Dente wrote:...What is the math for that ““adding about 32 points to the price of the Dow””?
I could be wrong, but perhaps since (as of yesterday) NKE was weighted as 1.71% of the DJIA:
http://indexarb.com/indexComponentWtsDJ.html
then 1.71 x 8.8% (approx increase today) = .15%
DJIA (today) = ~ 21,346 x .15% (from above) = ~ +32.12
My best guess … :ugeek: :roll:
THANK YOU SO VERY MUCH :D :D
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
User avatar
Cobra
Site Admin
Posts: 58338
Joined: Sat Feb 12, 2011 10:29 pm

Re: 06/30/2017 Live Update

Post by Cobra »


Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
fehro
Posts: 22880
Joined: Fri Sep 02, 2011 2:06 pm

Re: 06/30/2017 Live Update

Post by fehro »

Huge Bond action last few days… and bonds could break down VERY hard.. question is where does the money go? .. DXY USDollar AND … look toward commodities?… commodity stocks?…. DBA, DBC, etc.. Ready for hyper inflation??? :roll: Buckle up :roll:

DBC - daily
TLT weekly
Attachments
Screen Shot 2017-06-30 at 9.45.43 AM.png
Screen Shot 2017-06-30 at 9.47.10 AM.png
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 06/30/2017 Live Update

Post by Al_Dente »

Follow-up on that “astonishing” inverted$VIX chart I posted last night and early this morning:
Slap a more generous MA (89) on it (middle panel)……… now see june….there u go……..much smoother for mid-term.......
630revised vix.png.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 06/30/2017 Live Update

Post by Al_Dente »

Bottom panel: SPY has been known to bounce when it gets this far below its 20 (%B 20,2)
630spy bb.png.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 06/30/2017 Live Update

Post by Al_Dente »

NKE is now up almost 12%
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Daniel
Posts: 3482
Joined: Fri Feb 10, 2012 4:27 pm

Re: 06/30/2017 Live Update

Post by Daniel »

fehro wrote:Huge Bond action last few days… and bonds could break down VERY hard.. question is where does the money go? .. DXY USDollar AND …
Maybe the Euro? Eur/Usd at or near a 52 week high.
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 06/30/2017 Live Update

Post by Al_Dente »

HOLIDAY HAPPY HOUR officially starts early............ bye bye
Image
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
fehro
Posts: 22880
Joined: Fri Sep 02, 2011 2:06 pm

Re: 06/30/2017 Live Update

Post by fehro »

Daniel wrote:
fehro wrote:Huge Bond action last few days… and bonds could break down VERY hard.. question is where does the money go? .. DXY USDollar AND …
Maybe the Euro? Eur/Usd at or near a 52 week high.
not sure.. Europe still full of risks.. Greece, Italy, DB.. trust GBP or USD more?

GBPUSD & GBPEUR weekly fwiw
Attachments
Screen Shot 2017-06-30 at 11.35.51 AM.png
te_fern
Posts: 4017
Joined: Tue Nov 24, 2015 3:35 pm

Re: 06/30/2017 Live Update

Post by te_fern »

Pasta Boss, the dow jones has a divisor to determine the impact of the individual stock moves. See this from Widipedia

The value of the Dow is not the actual average of the prices of its component stocks, but rather the sum of the component prices divided by a divisor, which changes whenever one of the component stocks has a stock split or stock dividend, so as to generate a consistent value for the index. Since the divisor is currently less than one, the value of the index is larger than the sum of the component prices.

Current Divsor: (divisor: 0.14602128057775)
This is not investment or trade advice.
User avatar
Cobra
Site Admin
Posts: 58338
Joined: Sat Feb 12, 2011 10:29 pm

Re: 06/30/2017 Live Update

Post by Cobra »

testing day high.
Attachments
1.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
fehro
Posts: 22880
Joined: Fri Sep 02, 2011 2:06 pm

Re: 06/30/2017 Live Update

Post by fehro »

as per usual..very quiet Friday before a long weekend.. mind the late hour move by a hedge fund.. near EOD .. sneak attack :lol: :roll: when everyone is gone for the weekend. :D

Inside days.. "nothing burgers" for the long weekend :lol: :lol:
Attachments
Screen Shot 2017-06-30 at 11.53.15 AM.png
fehro
Posts: 22880
Joined: Fri Sep 02, 2011 2:06 pm

Re: 06/30/2017 Live Update

Post by fehro »

fehro wrote:as per usual..very quiet Friday before a long weekend.. mind the late hour move by a hedge fund.. near EOD .. sneak attack :lol: :roll: when everyone is gone for the weekend. :D

Inside days.. "nothing burgers" for the long weekend :lol: :lol:
:shock: missed TRANsport.. wow.. nHOW, nHOM, pressing HOY
User avatar
Cobra
Site Admin
Posts: 58338
Joined: Sat Feb 12, 2011 10:29 pm

Re: 06/30/2017 Live Update

Post by Cobra »

the pullback will be bought.
Attachments
1.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
fehro
Posts: 22880
Joined: Fri Sep 02, 2011 2:06 pm

Re: 06/30/2017 Live Update

Post by fehro »

Attachments
20170629_VIX1.jpg
User avatar
Cobra
Site Admin
Posts: 58338
Joined: Sat Feb 12, 2011 10:29 pm

Re: 06/30/2017 Live Update

Post by Cobra »

breakout more likely.
Attachments
1.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
Posts: 58338
Joined: Sat Feb 12, 2011 10:29 pm

Re: 06/30/2017 Live Update

Post by Cobra »


Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
Posts: 58338
Joined: Sat Feb 12, 2011 10:29 pm

Re: 06/30/2017 Live Update

Post by Cobra »

well, guess that's it for today. Monday has been bull friendly recently. thank you guys, I'll see you in another thread soon.

please don't forget our weekly sentiment poll which will be posted right after the close.

before the close, please take a little time to vote for me, thanks. https://stockcharts.com/public/1684859/tenpp
Attachments
1.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
Post Reply