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11/01/2017 Live Update

11/01/2017 Live Update

Postby Cobra » Wed Nov 01, 2017 9:23 am

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this bull may still have legs.
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Re: 11/01/2017 Live Update

Postby fehro » Wed Nov 01, 2017 9:24 am

In this historic, for global markets, year we are fast running out of things "the market has never done before."

For today's entry we go to Deutsche Bank's Jim Reid who looks at the S&P's performance in the month of October, and writes that the broad index, which ended the supposedly most volatile month of the year 2.33% higher (with the lowest October realized vol on record) finished with a positive total return, meaning that the index has now seen a positive total return for all 10 months so far this year, the first time that this has happened in the 90 years Deutsche Bank has data for.

It's not just 2017, however, becase as Reid notes, "if you go beyond the calendar year end, October now marks the 12th positive month in succession which equals the record set in 1949-1950 and 1935-1936.

" In other words, the S&P has NOT had a single month of negative total returns since Trump was elected almost exactly one year ago.


http://www.zerohedge.com/news/2017-11-01/here-another-thing-market-has-never-done
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Re: 11/01/2017 Live Update

Postby Cobra » Wed Nov 01, 2017 9:26 am


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Re: 11/01/2017 Live Update

Postby Daniel » Wed Nov 01, 2017 9:37 am

Selloff since the Open in the Russell 2k / IWM is fast approaching the IWM support level of 150.
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Re: 11/01/2017 Live Update

Postby Daniel » Wed Nov 01, 2017 9:43 am

Up/down vol and breadth are strongly bullish, but more so on NYSE than on Nasdaq.

Naz advancers are well off their hod.
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Re: 11/01/2017 Live Update

Postby fehro » Wed Nov 01, 2017 9:51 am

SPX/INDU/COMPQ/NDX nATH RUT TRANsports lag .. TLT holds
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Re: 11/01/2017 Live Update

Postby Cobra » Wed Nov 01, 2017 9:59 am


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Re: 11/01/2017 Live Update

Postby brokebybernacke2 » Wed Nov 01, 2017 10:03 am

fehro wrote:In this historic, for global markets, year we are fast running out of things "the market has never done before."

For today's entry we go to Deutsche Bank's Jim Reid who looks at the S&P's performance in the month of October, and writes that the broad index, which ended the supposedly most volatile month of the year 2.33% higher (with the lowest October realized vol on record) finished with a positive total return, meaning that the index has now seen a positive total return for all 10 months so far this year, the first time that this has happened in the 90 years Deutsche Bank has data for.

It's not just 2017, however, becase as Reid notes, "if you go beyond the calendar year end, October now marks the 12th positive month in succession which equals the record set in 1949-1950 and 1935-1936.

" In other words, the S&P has NOT had a single month of negative total returns since Trump was elected almost exactly one year ago.


http://www.zerohedge.com/news/2017-11-01/here-another-thing-market-has-never-done
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Re: 11/01/2017 Live Update

Postby brokebybernacke2 » Wed Nov 01, 2017 10:06 am

fehro wrote:In this historic, for global markets, year we are fast running out of things "the market has never done before."

For today's entry we go to Deutsche Bank's Jim Reid who looks at the S&P's performance in the month of October, and writes that the broad index, which ended the supposedly most volatile month of the year 2.33% higher (with the lowest October realized vol on record) finished with a positive total return, meaning that the index has now seen a positive total return for all 10 months so far this year, the first time that this has happened in the 90 years Deutsche Bank has data for.

It's not just 2017, however, becase as Reid notes, "if you go beyond the calendar year end, October now marks the 12th positive month in succession which equals the record set in 1949-1950 and 1935-1936.

" In other words, the S&P has NOT had a single month of negative total returns since Trump was elected almost exactly one year ago.


http://www.zerohedge.com/news/2017-11-01/here-another-thing-market-has-never-done



yup, up and up, there will be no bears when she decides to fall.. 2600 here we come...im sticking with my sp 2666 call, sadistic 4x low creepy number top prediction
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Re: 11/01/2017 Live Update

Postby Cobra » Wed Nov 01, 2017 10:20 am

the pullback probably will be bought.
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Re: 11/01/2017 Live Update

Postby fehro » Wed Nov 01, 2017 10:27 am

brokebybernacke2 wrote:
fehro wrote:In this historic, for global markets, year we are fast running out of things "the market has never done before." …...




yup, up and up, there will be no bears when she decides to fall.. 2600 here we come...im sticking with my sp 2666 call, sadistic 4x low creepy number top prediction


:roll: :lol: :lol: :lol: :lol: :lol: :lol: ;)
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Re: 11/01/2017 Live Update

Postby Denali92 » Wed Nov 01, 2017 10:29 am

Pretty rare to have unfilled up gaps on Fed day.

https://www.cobrasmarketview.com/2017/11012017-intra-day-update/

-D
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Re: 11/01/2017 Live Update

Postby Daniel » Wed Nov 01, 2017 11:02 am

Denali92 wrote:Pretty rare to have unfilled up gaps on Fed day.

True, but not at all rare on the first day of a new month-- especially in the market's Good Dow six months. Also, as Cobra noted yesterday, Wednesday is currently manifesting as a strongly bullish day of the week. Also, gaps above recent highs tend to run.

Alas, always a blend, never simple, never simple...

:|
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Re: 11/01/2017 Live Update

Postby fehro » Wed Nov 01, 2017 11:14 am

TLT nHODs .. nears gap fill and 50d 125.73 lol.. can't tell on this one.. :roll: Bonds up strong
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Re: 11/01/2017 Live Update

Postby Trades with cats » Wed Nov 01, 2017 11:16 am

RTY 12-17 (15 Min)  11_1_2017.jpg
Small cap selloff started around 2 minutes and 45 seconds before the Government oil inventory report and continued for 3 minutes after it.

Whatever the cause it was an impressive example of hard selling. Really pulled things back to the 5 day volume spike.
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Re: 11/01/2017 Live Update

Postby Trades with cats » Wed Nov 01, 2017 11:31 am

Small caps now teetering on the edge of the open gap. So much for all quiet before the FOMC.
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Re: 11/01/2017 Live Update

Postby Cobra » Wed Nov 01, 2017 11:34 am

bias is down.
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Re: 11/01/2017 Live Update

Postby Trades with cats » Wed Nov 01, 2017 11:46 am

RTY 12-17 (15 Min)  11_1_2017B.jpg

Not sure I do those measured move boxes right, but you get the idea, makes the small caps interesting. Clearly we need some white doves released by the FOMC along with some stirring positive rhetoric from Washington on taxes.
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Re: 11/01/2017 Live Update

Postby fehro » Wed Nov 01, 2017 11:51 am

IWM ugly.. fills yGAP .. takes out 147.25 look for waterfall to 144.50 .. will get ugly fast.. buckle up.
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Re: 11/01/2017 Live Update

Postby Cobra » Wed Nov 01, 2017 12:01 pm


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