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10/03/2017 Live Update

Re: 10/03/2017 Live Update

Postby fehro » Tue Oct 03, 2017 12:20 pm

Trades with cats wrote:Shale Drillers- Nice analytic article up at zerohedge. Charts showing growth & cash flow and relative debt to market cap. IF you have an outlook for interest rates and the oil market it should help you come up with some picks.

Refiners- I don't keep up none the less I was not surprised to learn that state supported entities are building two mega refinery complexes in China and that an alliance of tea pots (privately owned) are building a mega tea pot complex. Of course there are more than one mega refinery under construction in the middle east. So longer term I would expect to see margins crushed as these government owned jobs creators greatly expand supply with a limited profit motive.


need to start watching those.. headlines.. re banning of gas auto sales.. by 2030-2040… govt's start to push those through…oil could be in huge trouble long term
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Re: 10/03/2017 Live Update

Postby fehro » Tue Oct 03, 2017 12:41 pm

SPX/INDU/RUT/TRANsports/COMPQ all new ATHs today... NDX still struggles
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Re: 10/03/2017 Live Update

Postby Trades with cats » Tue Oct 03, 2017 12:52 pm

Big article this weekend listing around 20 new models coming to market over the next couple of years. Losses per electric vehicle are ranging from $9,000 per GM Bolt on up. Why build a money loser that has to be subsidized requires a look at government policy and a desire to be seen on the correct side of things. A cost of doing business. They are all waiting for the breakthrough in battery tech. Dyson is counting on a new solid state battery. When it happens the entire energy system, including the grid, will be disrupted and changed.

Comment from Van Tharp the trading coach. He said this is the last year he will take a summer drive around the US in his model S. The thought of waiting for an hour or so before you can start a 45 minute recharge is not attractive and he thinks the model 3's will be clogging the charging stations by next summer.

Visiting relatives puts me in the LA neighborhoods of Westwood (UCLA) and Santa Monica a couple of times a year. It is rare to see other than grey hair driving a model S, younger folks seem to stick to the Maserati Quattroporte, a similarly beautiful car.
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Re: 10/03/2017 Live Update

Postby fehro » Tue Oct 03, 2017 1:07 pm

AAPL D/30m fwiw
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Re: 10/03/2017 Live Update

Postby Trades with cats » Tue Oct 03, 2017 1:52 pm

Was the I phone 8 battery blow up confirmed?
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Re: 10/03/2017 Live Update

Postby QED » Tue Oct 03, 2017 2:19 pm

The Russell 2000 P/E Ratio looks a little bit high. :shock: :? :roll:
http://www.wsj.com/mdc/public/page/2_3021-peyield.html
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Re: 10/03/2017 Live Update

Postby fehro » Tue Oct 03, 2017 2:26 pm

fehro wrote:
fehro wrote:mind the VIX :roll: ;)

another view Weekly


RE: VIXes September volatility to its lowest level since 1964.

http://www.zerohedge.com/news/2017-10-03/kolanovic-what-next-crisis-will-look
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Re: 10/03/2017 Live Update

Postby fehro » Tue Oct 03, 2017 2:32 pm

move along … nothing to see… :roll: :lol: :lol:

http://money.cnn.com/data/fear-and-greed/
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Re: 10/03/2017 Live Update

Postby Al_Dente » Tue Oct 03, 2017 2:46 pm

REPOST
FROM YESTERDAY
“…the persistent uptrend pushed the CNN Fear & Greed index over 90 on Friday. Using the backtest engine from Sentimentrader, prior instances in the past 5 years have preceded a lower close in SPX within the next month 91% of the time and within six weeks 100% of the time [Urban Camel, Fat Pitch]
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Re: 10/03/2017 Live Update

Postby Trades with cats » Tue Oct 03, 2017 2:56 pm

DLGTtonVwAABsaw.jpg
Elliot Wave Count from Colbizone. Currently he is looking for a push to 2536 then the pull back of 40 to 65 points. Futures Trader 71 was saying this week he would love to see a pullback to the 2480 range to flush the system and return some volatility. It seems lots of forecasters are expecting something to happen, and this being October the historical odds favor down.
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Re: 10/03/2017 Live Update

Postby Al_Dente » Tue Oct 03, 2017 3:00 pm

HAPPY HOUR
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Re: 10/03/2017 Live Update

Postby Al_Dente » Tue Oct 03, 2017 3:02 pm

But don’t loose patience
This odd calendar (posted yesterday) shows historically the LAST WEEK OF OCTOBER looks the most red
[GRAIN OF SALT]
https://www.bespokepremium.com/wp-conte ... r-2017.pdf
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Re: 10/03/2017 Live Update

Postby QED » Tue Oct 03, 2017 3:04 pm

Trades with cats wrote:
DLGTtonVwAABsaw.jpg
Elliot Wave Count from Colbizone. Currently he is looking for a push to 2536 then the pull back of 40 to 65 points. Futures Trader 71 was saying this week he would love to see a pullback to the 2480 range to flush the system and return some volatility. It seems lots of forecasters are expecting something to happen, and this being October the historical odds favor down.

Springheel Jack is also thinking that near 2536 might be a top on this run …

http://www.channelsandpatterns.net/2017 ... -week.html

.
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Re: 10/03/2017 Live Update

Postby fehro » Tue Oct 03, 2017 3:29 pm

Adv/Dec Put/Call extremes again
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Re: 10/03/2017 Live Update

Postby fehro » Tue Oct 03, 2017 3:52 pm

Tomorrow schedule
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Re: 10/03/2017 Live Update

Postby Cobra » Tue Oct 03, 2017 4:05 pm


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Re: 10/03/2017 Live Update

Postby Cobra » Tue Oct 03, 2017 4:06 pm

well, that's it for today. Wednesday tomorrow has been bull friendly. thank you guys, I'll see you tomorrow.

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