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11/29/2017 Live Update

11/29/2017 Live Update

Postby Cobra » Wed Nov 29, 2017 10:21 am

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this bull may have legs.
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Re: 11/29/2017 Live Update

Postby Cobra » Wed Nov 29, 2017 10:24 am


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Re: 11/29/2017 Live Update

Postby fehro » Wed Nov 29, 2017 10:38 am

VIX up sharp takes out yHOD, >50d tests 20d SMA… QQQs very weak.
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Re: 11/29/2017 Live Update

Postby JFR » Wed Nov 29, 2017 10:39 am

Overnight gap up. TICK going nowhere so far.
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Re: 11/29/2017 Live Update

Postby te_fern » Wed Nov 29, 2017 10:51 am

The Semi's continuing their woes, down 4.5%...
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Re: 11/29/2017 Live Update

Postby Trades with cats » Wed Nov 29, 2017 10:54 am

Is bio-tech dropping with the semi's (tech wreck)?
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Re: 11/29/2017 Live Update

Postby te_fern » Wed Nov 29, 2017 10:58 am

For today the Biotechs aren't following the Semi's down, up 1.6% (all in levered land!)..
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Re: 11/29/2017 Live Update

Postby te_fern » Wed Nov 29, 2017 10:59 am

SPX hit the first resistance pivot....
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Re: 11/29/2017 Live Update

Postby Cobra » Wed Nov 29, 2017 11:00 am


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Re: 11/29/2017 Live Update

Postby fehro » Wed Nov 29, 2017 11:03 am

fehro wrote:VIX up sharp takes out yHOD, >50d tests 20d SMA… QQQs very weak.


TRANSports! :roll: :lol: NDX nLODs as RUT/SPX nATH VIX still very elevated.. mind AAPL H&S 5m and 60m
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Re: 11/29/2017 Live Update

Postby Trades with cats » Wed Nov 29, 2017 11:06 am

te-fern, thanks for the bio update. They have been making a major double top recently and I have seen several comments this morning on how tech is taking a hit while transports and financials are doing the heavy lifting.

ES stopped two handles short of the R1 pivot.
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Re: 11/29/2017 Live Update

Postby te_fern » Wed Nov 29, 2017 11:08 am

Trades with cats wrote:te-fern, thanks for the bio update. They have been making a major double top recently and I have seen several comments this morning on how tech is taking a hit while transports and financials are doing the heavy lifting.

ES stopped two handles short of the R1 pivot.

:D :D
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Re: 11/29/2017 Live Update

Postby te_fern » Wed Nov 29, 2017 11:10 am

TWC, you are right the financials have gone straight up the last 2 days....
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Re: 11/29/2017 Live Update

Postby te_fern » Wed Nov 29, 2017 11:12 am

General Tech is taking it on the chin this morning too!!!
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Re: 11/29/2017 Live Update

Postby Trades with cats » Wed Nov 29, 2017 11:21 am

House Majority Leader has advised members to be flexible at week end.

I am assuming that means don't leave town for the weekend, we are probably going to vote.
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Re: 11/29/2017 Live Update

Postby te_fern » Wed Nov 29, 2017 11:23 am

First pullback...
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Re: 11/29/2017 Live Update

Postby Trades with cats » Wed Nov 29, 2017 11:28 am

ES 12-17 (1000 Tick) 2017_11_29.png


On paper price is supposed to come back up and test VWAP before the drop gets serious.
A complication is that Friday is distribution to 401 K accounts. So greed would have these record prices hang on through Friday when they know that cash will hit. :twisted:
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Re: 11/29/2017 Live Update

Postby Al_Dente » Wed Nov 29, 2017 11:32 am

Small cap, mid cap, large cap
Momentum or high beta
It’s a low-volume ETF, but MTUM (green), the large-cap momentum portfolio, has been the % outperformer
Daily
1129mtum.png.png
Last edited by Al_Dente on Wed Nov 29, 2017 11:37 am, edited 1 time in total.
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Re: 11/29/2017 Live Update

Postby te_fern » Wed Nov 29, 2017 11:36 am

Pasta Boss, how is the up/down statistics looking this morning? Thx!!
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Re: 11/29/2017 Live Update

Postby Al_Dente » Wed Nov 29, 2017 11:41 am

[add on]
here is that MTUM chart YTD (year-to-date)
1129mtum2.png.png
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