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09/26/2017 Live Update

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Cobra
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09/26/2017 Live Update

Post by Cobra »

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possible fib 61.8 or 100% mm.
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Cobra
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Re: 09/26/2017 Live Update

Post by Cobra »


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Trades with cats
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Re: 09/26/2017 Live Update

Post by Trades with cats »

Lael will be speaking about the labor market at 10:30. Her bosss, Chair Yellen speaks at
12:45
The entire market will be listening to that one!
fehro
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Re: 09/26/2017 Live Update

Post by fehro »

Trades with cats wrote:Lael will be speaking about the labor market at 10:30. Her bosss, Chair Yellen speaks at
12:45
The entire market will be listening to that one!

At 12:45pm ET Janet Yellen is due to speak at an economics conference in Cleveland on the topic of "inflation, uncertainty and monetary policy", while other U.S. and European central bankers will also offer more clues to the path of monetary policy. http://www.zerohedge.com/news/2017-09-2 ... ean-crisis
fehro
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Re: 09/26/2017 Live Update

Post by fehro »

/RT RUT nATH IWM not yet
fehro
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Re: 09/26/2017 Live Update

Post by fehro »

BofA reports that the S&P 500 has closed at a new record high 37 times so far during 2017, the most in the Q1 to Q3 period since 1997, when the S&P closed at a new record 40 times before the start of Q4 (the most occurred in 1995 when there were 61 record closes).


http://www.zerohedge.com/news/2017-09-2 ... t-20-years
te_fern
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Re: 09/26/2017 Live Update

Post by te_fern »

The first resistance pivot seemed to hold...
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SPX 1 Minute.PNG
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Trades with cats
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Re: 09/26/2017 Live Update

Post by Trades with cats »

IF yesterday's close doesn't hold the London/Frankfurt market put in a double bottom right at today's pivot point of ES 2494.25. If that fails yesterdays VWAP point of control and 20 day Average Daily Range low (which, given the compression the last couple of weeks is kind of wacky) are all lurking at the ES 2491-2492 area. Yesterday's sell off none of those levels meant anything to the market as it was determined to retest the empty space on the chart.
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Al_Dente
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Re: 09/26/2017 Live Update

Post by Al_Dente »

Here's how much the iPhone 8 models cost to make:
The Apple iPhone 8 Plus has a bill of materials cost of $288.08, higher than the $277.66 cost of the iPhone 7 Plus
https://www.cnbc.com/2017/09/26/how-muc ... d-for.html
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
te_fern
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Re: 09/26/2017 Live Update

Post by te_fern »

Levered financials are struggling with this downward trend line...
This is not investment or trade advice.
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Al_Dente
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Re: 09/26/2017 Live Update

Post by Al_Dente »

LONG TERM AAPL
WEEKLY
Recall that in the past, APPL moved from a “normal” correction to a disaster when she broke the red 34ma on the WEEKLY, and got slammed,
like in 2015 (down -31.4%) and prior to that in 2013 (down -44.5%)
Who needs that? Hopefully it will bounce before it hits that red zone, else bye bye
926aapl week.png.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Al_Dente
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Re: 09/26/2017 Live Update

Post by Al_Dente »

HYG junk
daily
gap and ATH
"risk on"
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Al_Dente
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Re: 09/26/2017 Live Update

Post by Al_Dente »

the dow is currently up 26 points
about 12 of those points are due to the AAPL bounce
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Trades with cats
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Re: 09/26/2017 Live Update

Post by Trades with cats »

Twitter Zerohedge reports 'Desks attributing risk shift to move higher in yields on Trump tax plan disclosure"
fehro
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Re: 09/26/2017 Live Update

Post by fehro »

TRANsports a mere 4 points short of ATH last index to join the others SPX/INDU/NDX/COMPQ/RUT
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Screen Shot 2017-09-26 at 8.40.19 AM.png
te_fern
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Re: 09/26/2017 Live Update

Post by te_fern »

Playing the bounce off yesterday's low in biotechs!!
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fehro
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Re: 09/26/2017 Live Update

Post by fehro »

fehro wrote:TRANsports a mere 4 points short of ATH last index to join the others SPX/INDU/NDX/COMPQ/RUT
done
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Screen Shot 2017-09-26 at 8.45.43 AM.png
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Al_Dente
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Re: 09/26/2017 Live Update

Post by Al_Dente »

fehro wrote:
fehro wrote:TRANsports a mere 4 points short of ATH last index to join the others SPX/INDU/NDX/COMPQ/RUT
done
:o :o
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
fehro
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Re: 09/26/2017 Live Update

Post by fehro »

Tommorrow.. Tax plan released .. news for nATH across the board? :roll: :lol:

http://www.zerohedge.com/news/2017-09-2 ... on-doubles

As previously leaked, the plan will also collapse the number of brackets from seven to three, while the standard deduction is set to almost double to $12,000 for a single filer and $24,000 for married couples, which means that Trump can correctly argue that many more low income earners would pay no tax under his plan. Also, as previously noted, the top tax bracket would fall from 39.6% to 35%.
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Cobra
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Re: 09/26/2017 Live Update

Post by Cobra »

if the recent day pattern holds, the low should be in for today. let's see.
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