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09/06/2017 Live Update

Re: 09/06/2017 Live Update

Postby te_fern » Wed Sep 06, 2017 12:55 pm

Al_Dente wrote:internals are updating now on stockcharts


Thanks Boss!
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Re: 09/06/2017 Live Update

Postby Al_Dente » Wed Sep 06, 2017 12:59 pm

GDX
NUGT
big dump
5min
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Re: 09/06/2017 Live Update

Postby Sleeperz » Wed Sep 06, 2017 1:06 pm

President Donald Trump and congressional leaders agreed to extend the debt limit and fund the government until Dec. 15, as well as approve aid for victims of Hurricane Harvey, Democratic leaders said in a statement on Wednesday. Senate Democratic Leader Chuck Schumer and House Minority Leader Nancy Pelosi said "both sides have every intention of avoiding default in December."
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Re: 09/06/2017 Live Update

Postby Cobra » Wed Sep 06, 2017 1:06 pm

testing day high, so some chances of double top, but I think this bull may have legs.
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Re: 09/06/2017 Live Update

Postby fehro » Wed Sep 06, 2017 1:16 pm

VIX weaker.. INDEXes .. inside daily.. still

http://www.investopedia.com/terms/i/inside_day.asp
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Re: 09/06/2017 Live Update

Postby Al_Dente » Wed Sep 06, 2017 1:36 pm

Some favorite JUICE, 5 days, 5 min, %
What did they do with the sale proceeds the minute after they started dumping gold miners?
They longed everything else, especially LABU, brown, the JUICED biotechs

96gdx percent.png.png
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Re: 09/06/2017 Live Update

Postby Cobra » Wed Sep 06, 2017 2:02 pm

the pullback probably will be bought.
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Re: 09/06/2017 Live Update

Postby Trades with cats » Wed Sep 06, 2017 2:25 pm

Tomorrow and Friday are contract roll for all of us who like index futures. So charts are a mess, volume split between two contracts and it takes a while to mentally adjust to the new discount to the index. :x
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Re: 09/06/2017 Live Update

Postby Daniel » Wed Sep 06, 2017 3:00 pm

Intraday RS is passing from IWM to QQQ. Early on the smallcaps held green, held the upper half of the daily range. Now QQQ is pressing its hod, but IWM is nowhere close.
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Re: 09/06/2017 Live Update

Postby Al_Dente » Wed Sep 06, 2017 3:00 pm

HAPPY HOUR
crock.png.png
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Re: 09/06/2017 Live Update

Postby Cobra » Wed Sep 06, 2017 3:07 pm

bias is up.
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Re: 09/06/2017 Live Update

Postby Daniel » Wed Sep 06, 2017 3:08 pm

Al_Dente wrote:What did they do with the sale proceeds the minute after they started dumping gold miners?

Well, one of the things 'They' did was buy a bushel basket of Canadian dollars (aka loonies).

FXC is up 1.3% today! And it is not just a weaker-dollar reaction.

The Bank of Canada increased its overnight rate 25 bps to 1%, citing economic data re growth and consumer spending.
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Re: 09/06/2017 Live Update

Postby QED » Wed Sep 06, 2017 3:20 pm

Trades with cats wrote:Tomorrow and Friday are contract roll for all of us who like index futures. So charts are a mess, volume split between two contracts and it takes a while to mentally adjust to the new discount to the index. :x

I love futures, but the B.S. around the rollovers are ... well ... B.S.! :x
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Re: 09/06/2017 Live Update

Postby Wallstreetrader » Wed Sep 06, 2017 3:28 pm

...
Last edited by Wallstreetrader on Wed Oct 11, 2017 12:16 pm, edited 5 times in total.
Bull Market No dought !
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Re: 09/06/2017 Live Update

Postby Al_Dente » Wed Sep 06, 2017 3:28 pm

NEW DOW DIVISOR
“With the new divisor, a $1 price move in any Dow component will translate to a swing in the level of the Dow between 6.8854 and 6.8483 points.”
http://www.zerohedge.com/news/2017-09-0 ... ia-divisor
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Re: 09/06/2017 Live Update

Postby Cobra » Wed Sep 06, 2017 3:39 pm

3 push up, hopefully a little bigger pullback this time.
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Re: 09/06/2017 Live Update

Postby Daniel » Wed Sep 06, 2017 3:40 pm

SPY holding its second day of vigorous bounce off the nexus of 50day and 20day MAs, at the low yest.

Currently above its steeply upsloping 5day MA-- currently the very definition of a 'strong dog'.

:|
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Re: 09/06/2017 Live Update

Postby Cobra » Wed Sep 06, 2017 3:51 pm


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Re: 09/06/2017 Live Update

Postby Cobra » Wed Sep 06, 2017 3:52 pm

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

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Re: 09/06/2017 Live Update

Postby Daniel » Wed Sep 06, 2017 4:05 pm

Spectacular upside reversals today in some of the major airline stocks. UAL, DAL, AAL...
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