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08/29/2017 Live Update

Re: 08/29/2017 Live Update

Postby te_fern » Tue Aug 29, 2017 10:48 am

and fill the gap...
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Re: 08/29/2017 Live Update

Postby Daniel » Tue Aug 29, 2017 10:49 am

Strong rebound in equities is not diminishing enthusiasm for TLT. Still comfortably holding its opening gap.
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Re: 08/29/2017 Live Update

Postby Cobra » Tue Aug 29, 2017 10:51 am

so far a typical huge gap down then sharp reversal up day. bears as usual, useless.
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Re: 08/29/2017 Live Update

Postby Daniel » Tue Aug 29, 2017 10:54 am

XLI, XLP, QQQ, DJT, and now SMH all green. Energy still weak, prec.metals still midrange for the day.
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Re: 08/29/2017 Live Update

Postby fehro » Tue Aug 29, 2017 10:57 am

It's all AAPL, QQQ VIX TLT green, SPY IWM red .. not a confident bullish configuration :roll:
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Re: 08/29/2017 Live Update

Postby Daniel » Tue Aug 29, 2017 10:57 am

Cobra wrote:bears as usual, useless.

Maybe, maybe not. The 'easy' portion of the SPY rebound (not that anything in the market is ever easy) is over. Now price is running into multiple days of "overhead supply".
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Re: 08/29/2017 Live Update

Postby Daniel » Tue Aug 29, 2017 11:01 am

Many sectors are up in the range of 0.3 -- 0.7% from the Open.

This has cut losses to levels which might well be thought typical of a seasonally weak period in August. Meaning maybe the N.Korea angst has been squozen out, and thus the rest of the day will be more typically "late-August". :?:
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Re: 08/29/2017 Live Update

Postby Trades with cats » Tue Aug 29, 2017 11:06 am

So Nanex says at 10:43:35 "someone" bought 6,000 S&P futures contracts.

Hint, it wasn't me. Bears can not take on Swiss National Bank in anything resembling normal trading. BUT when it gets exciting the Central Bankers cannot sweep back the sea.
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Re: 08/29/2017 Live Update

Postby Daniel » Tue Aug 29, 2017 11:08 am

GLD, SLV, FXY (Yen) lod. So far, "havens" other than US Treasuries have been dumped since the open.

IBB joins the other sectors in filling its gap and going grn. SPY, not yet.
Last edited by Daniel on Tue Aug 29, 2017 11:11 am, edited 1 time in total.
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Re: 08/29/2017 Live Update

Postby Wallstreetrader » Tue Aug 29, 2017 11:09 am

...
Last edited by Wallstreetrader on Wed Oct 11, 2017 12:21 pm, edited 1 time in total.
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Re: 08/29/2017 Live Update

Postby Trades with cats » Tue Aug 29, 2017 11:19 am

Am guessing a chart of the US market in Euros would show how far we have dropped from their point of view.
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Re: 08/29/2017 Live Update

Postby fehro » Tue Aug 29, 2017 11:24 am

not ideal.. dabble short SPX 2441
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Re: 08/29/2017 Live Update

Postby Cobra » Tue Aug 29, 2017 11:25 am

the pullback will be bought.
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Re: 08/29/2017 Live Update

Postby fehro » Tue Aug 29, 2017 11:47 am

don't let the AAPL smoke screen get in your eyes.. ADV/DEC -878 Put/Call at Extremes 0.61 :roll:
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Re: 08/29/2017 Live Update

Postby fehro » Tue Aug 29, 2017 11:50 am

NDX/COMPQ/TRANsports all near 20d SMA may stall here , /CL weak.. next levels 45.45 and 45.20ish
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Re: 08/29/2017 Live Update

Postby Wallstreetrader » Tue Aug 29, 2017 11:55 am

...
Last edited by Wallstreetrader on Wed Oct 11, 2017 12:21 pm, edited 3 times in total.
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Re: 08/29/2017 Live Update

Postby te_fern » Tue Aug 29, 2017 11:56 am

Closed opening gap, now what??
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Re: 08/29/2017 Live Update

Postby Al_Dente » Tue Aug 29, 2017 11:56 am

insurance index
829insurance.png.png
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Re: 08/29/2017 Live Update

Postby Heck » Tue Aug 29, 2017 11:58 am

fehro wrote:don't let the AAPL smoke screen get in your eyes.. ADV/DEC -878 Put/Call at Extremes 0.61 :roll:


Opening Undervalued Index PUTS more than Twice Undervalued Index Calls = DOWN
Two/Three Option Sentiment Indices = DOWN
https://www.ise.com/market-data/isee-index/
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Re: 08/29/2017 Live Update

Postby Al_Dente » Tue Aug 29, 2017 11:59 am

some banks
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