11/30/2017 Live Update

[fehro]

dabble short.. SPX - VIX green all morning.. not ideal .. /CL weak.. tests 20d SMA.. /CL weekly candles possible "railroad tracks" = toppy.. one more day

too early.. /ES /RT at upper trendline 30m.. may pause here.. try again.. 2642.75 VIX still green still pushing

[Cobra]

this bull shall have legs.

[Al_Dente]

With all the frenzy in the big market indices, you’d think that “everyone” is “over-risked.”
But behind the curtain, the defensive staples (XLP) and boring-old-high-dividend-paying stocks (DVY, shown earlier) have gained traction.
This is TWENTY DAYS % performance.
Staples (grey dashed) and dividend payers (lime dashed) are right up there, and utilities are in dashed brown
…. albeit all are a bit behind discretionary!!! (pink, solid) and smalls (cyan, solid).
btw: look at the trajectory of financials (XLF red solid) in the last coupla days.

[Trades with cats]

fehro, Senator McCain owes us!
Hate it when news interrupts the natural market action. Oh well!
Small caps are fading the McCain move

[fehro]

Key time.. VIX @ 200d SMA >20d/50d

[Al_Dente]

[save for later]
F U Apple
Microsoft Plans Multibillion-Dollar Campus Overhaul
Project at Redmond headquarters will expand square footage to equivalent of 180 football fields
…adding space for 8,000 more workers…
https://www.bloomberg.com/news/articles ... pen-spaces

[Trades with cats]

Checking in with the small caps. That blue stripe is the first half hour of trading opening range. Makes it very clear that this market is not going anywhere today.

[Al_Dente]

Almanac
December’s first trading day (tomorrow)
http://jeffhirsch.tumblr.com/post/16801 ... rading-day

[Cobra]

members only update at 12:03 pm
http://www.cobrasmarketview.com/2017/11 ... ay-update/

[fehro]

VIX moves up with SPX TRANSports.. +200 points

[Trades with cats]

Bond market is betting on a government shutdown. Could be that is what is moving the VIX.

Open question will the Fed raise rates the day after a government shutdown?

[Trades with cats]

SPX round number magic to make sure those 401 K contributions flow in tomorrow!

[Trades with cats]

Meanwhile the Small Caps are back to VWAP in the middle of that opening range.

[fehro]

VIX moves up with SPX TRANSports.. +200 points

VIX 11.38! just short of 11.62 spike.. as SPX climbs to HOD.. SPY Puts going up with SPX..

[fehro]

VIX moves up with SPX TRANSports.. +200 points

VIX 11.38! just short of 11.62 spike.. as SPX climbs to HOD.. SPY Puts going up with SPX..

VIX nHOD 11.74 takes out morning spike.. + 9.81% target is 12.27

[Trades with cats]

Algo triggered buying panic. Is this the exhaustion with distribution to the 401 K crowd tomorrow? Wow, at R4 pivot again.
My speculation-
Can't be mutual fund month end window dressing because they don't do insurance. So it has to be managed money with hedge fund flexibility. Holding their nose and buying because they need to show those positions on the month end statement but matching with insurance to show they aren't reclass.

[Al_Dente]

GS heaviest weight in the dow
GS breakout today
GS best performer in the dow today
GS not too far away is the ATH

[fehro]

SPX SPY going for those nice number 266.6x 2666.xx why not match the 2009 lows 666.79 VIX 12.05 +11.6%

[Trades with cats]

New to me term from Zerohedge. "Markets go full Bitcoin".

[Al_Dente]

New to me term from Zerohedge. "Markets go full Bitcoin".