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11/06/2017 Live Update

Trades with cats
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Re: 11/06/2017 Live Update

Post by Trades with cats »

Small caps bouncing on Friday's VWAP. Not sure how dr ahead of the large cap indexes they are willing to go. But as the rest of the market turns it could get nasty but that is most unlikely on a Monday!
te_fern
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Re: 11/06/2017 Live Update

Post by te_fern »

Levered Semi's are starting to fill the lower gap...
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te_fern
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Re: 11/06/2017 Live Update

Post by te_fern »

66.00 seems to be major resistance for the levered smalls....
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te_fern
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Re: 11/06/2017 Live Update

Post by te_fern »

Short term top seems to be holding at 2591 on the SPX.
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Cobra
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Re: 11/06/2017 Live Update

Post by Cobra »


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te_fern
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Re: 11/06/2017 Live Update

Post by te_fern »

Playing off this pullback in the semi's. We'll see...
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Cobra
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Re: 11/06/2017 Live Update

Post by Cobra »

now bias is up.
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Al_Dente
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Re: 11/06/2017 Live Update

Post by Al_Dente »

Tech Stocks Accounted For 75% Of The Market's October Return … the sector's 24.5% weight in the S&P 500 is now the highest since October 2000… and a remarkable 30% of all active fund holdings today, the highest levels in BofA data history since 2008
[Pasta here: recall that 2000 and 2008 didn’t end very well….]
http://www.zerohedge.com/news/2017-11-0 ... ber-return
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: 11/06/2017 Live Update

Post by Al_Dente »

[add on: note that today is the 4th trading day of nov :shock: ]
ALMANAC (old post, dated oct 30)
“Typical” November pattern
http://jeffhirsch.tumblr.com/post/16695 ... y-and-late
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te_fern
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Re: 11/06/2017 Live Update

Post by te_fern »

So far so good, need to get over the VWAP. Looking for a push to the high of the day....
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Trades with cats
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Re: 11/06/2017 Live Update

Post by Trades with cats »

RTY 12-17 (300 Tick)  11_6_2017.jpg
Small caps obeying pivot points today. Again, the best reason I have heard is that the early programmers put the daily pivot calculation deep in the source code of the Algos. :lol:
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Al_Dente
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Re: 11/06/2017 Live Update

Post by Al_Dente »

tax reform bill is dead for now
john mccain
susan collins
bob corker
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Trades with cats
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Re: 11/06/2017 Live Update

Post by Trades with cats »

Looks like the small caps have shaken off John McCain's death forecast for the tax bill.
Trades with cats
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Re: 11/06/2017 Live Update

Post by Trades with cats »

I want to get on my soap box and say it isn't over yet for the tax bill. There is just way too much lobby money out there to turn it off this fast. The longer they debate the more cash is collected and donated.
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Al_Dente
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Re: 11/06/2017 Live Update

Post by Al_Dente »

HAPPY HOUR
shepherd.png.png
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brokebybernacke2
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Re: 11/06/2017 Live Update

Post by brokebybernacke2 »

Trades with cats wrote:I want to get on my soap box and say it isn't over yet for the tax bill. There is just way too much lobby money out there to turn it off this fast. The longer they debate the more cash is collected and donated.
tax bill will die...eventually...

ride this climb, not many left!
Daniel
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Re: 11/06/2017 Live Update

Post by Daniel »

"The longer they debate the more cash is collected and donated."

-Excellent. Increase the velocity of money, economic stimulus. M1 boost.

:)
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Al_Dente
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Re: 11/06/2017 Live Update

Post by Al_Dente »

te_fern wrote:So far so good, need to get over the VWAP. Looking for a push to the high of the day....
:D
boss: what is your stop?
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Daniel
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Re: 11/06/2017 Live Update

Post by Daniel »

Woohoo. Closing hour Bear-beware alert: Both RVX and VXN simultaneously hitting LOD.

:|
Daniel
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Re: 11/06/2017 Live Update

Post by Daniel »

Scattering of sectors hitting HOD here, QQQ close to it.

SLV up >2%... almost all of that gain since the Open. Asian markets closed.
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