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12/07/2017 Live Update

Re: 12/07/2017 Live Update

Postby Daniel » Thu Dec 07, 2017 12:40 pm

Strong dogs (from yest close): XHB, IWM, KRE, XOP, XLI, IYT

Weak dogs (there are few): XLU, XLP (ie 'defensives')

EWZ down -3%... but that's Brazil
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Re: 12/07/2017 Live Update

Postby fehro » Thu Dec 07, 2017 12:43 pm

Al_Dente wrote:
te_fern wrote:and us old folks with gold are going to the cleaners!! :D

GDX testing
Could bounce as shorts may start to cover in the 21-ish zone
DAILY
The attachment 127gdx.png.png is no longer available


Fwiw GDX Daily /GC <20d/50d/200d/20w and now <50w 1258 1230 VERY key for gold major support lines it goes look to 1180, 1180 goes bombs away to 1040, that goes 700 in waterfall move.. under 1040 expect $20-50 day moves
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Re: 12/07/2017 Live Update

Postby Cobra » Thu Dec 07, 2017 12:44 pm


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Re: 12/07/2017 Live Update

Postby te_fern » Thu Dec 07, 2017 12:47 pm

At resistance pivot 2.....
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Re: 12/07/2017 Live Update

Postby Al_Dente » Thu Dec 07, 2017 12:50 pm

fehro wrote:
Al_Dente wrote:
te_fern wrote:and us old folks with gold are going to the cleaners!! :D

GDX testing
Could bounce as shorts may start to cover in the 21-ish zone
DAILY

Fwiw GDX Daily /GC <20d/50d/200d/20w and now <50w 1258 1230 VERY key for gold major support lines it goes look to 1180, 1180 goes bombs away to 1040, that goes 700 in waterfall move.. under 1040 expect $20-50 day moves

thanks boss :D
i'm watching that 21 zone, but it would be KNOCK FOUR TIMES there :o :o
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Re: 12/07/2017 Live Update

Postby Shaishen » Thu Dec 07, 2017 12:51 pm

te_fern wrote:Glad to see that all you young folks with Bitcoin are getting rich...... :D


LoL I am old folks, probably older than most here :shock: The age give away I said y'day BTC 15K by weekend :D
Only "seasoned" people make cautious predictions..

I got involved in BTC a few years back, a curiosity thing more than investment or speculation.
Now I am one of the HODL crowd - even a 90% drop I am still ahead of the game


.
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Re: 12/07/2017 Live Update

Postby fehro » Thu Dec 07, 2017 12:54 pm

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Re: 12/07/2017 Live Update

Postby Al_Dente » Thu Dec 07, 2017 12:55 pm

Franken says he will resign "in the coming weeks"
moments ago
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Re: 12/07/2017 Live Update

Postby te_fern » Thu Dec 07, 2017 1:01 pm

Shaishen wrote:
te_fern wrote:Glad to see that all you young folks with Bitcoin are getting rich...... :D


LoL I am old folks, probably older than most here :shock: The age give away I said y'day BTC 15K by weekend :D
Only "seasoned" people make cautious predictions..

I got involved in BTC a few years back, a curiosity thing more than investment or speculation.
Now I am one of the HODL crowd - even a 90% drop I am still ahead of the game


.


Very nice!!
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Re: 12/07/2017 Live Update

Postby te_fern » Thu Dec 07, 2017 1:06 pm

Someone posted a picture of a bitcoin!! :D
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Re: 12/07/2017 Live Update

Postby Al_Dente » Thu Dec 07, 2017 1:45 pm

note SAGE
re: depression drug "high hopes")
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Re: 12/07/2017 Live Update

Postby Al_Dente » Thu Dec 07, 2017 1:54 pm

Legal cannabis has been largely an ALL CASH business, becaues banks wouldn’t risk it.
Now cannabis should get “alternative banking and electronic financial solutions [eg: bitcoin]....for businesses and companies in various "high-risk" industries.”

https://eresearch.fidelity.com/eresearc ... LFEED&sb=1
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Re: 12/07/2017 Live Update

Postby Daniel » Thu Dec 07, 2017 2:01 pm

SPY, QQQ testing hod. IWM not-- pulling back to test the (upslope) 15min 20ema.
Naz advancers very strong-- but well off the hod.
Last edited by Daniel on Thu Dec 07, 2017 2:03 pm, edited 1 time in total.
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Re: 12/07/2017 Live Update

Postby Al_Dente » Thu Dec 07, 2017 2:02 pm

Bitcoin is the new honey badger
Honey badger don’t give a shit
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Re: 12/07/2017 Live Update

Postby Daniel » Thu Dec 07, 2017 2:10 pm

Huge intraday selloff in KRE (-1%+ from an earlier high)
XLI and IYT continue to hold onto 1% gains.
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Re: 12/07/2017 Live Update

Postby Trades with cats » Thu Dec 07, 2017 2:16 pm

http://cfe.cboe.com/cfe-products/xbt-cboe-bitcoin-futures/contract-specifications

So a futures contract gets you control of 1 bitcoin for $4,500 of collateral dollars. Minimum price move is $10.00
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Re: 12/07/2017 Live Update

Postby te_fern » Thu Dec 07, 2017 2:18 pm

SPX looking for support...
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Re: 12/07/2017 Live Update

Postby Daniel » Thu Dec 07, 2017 2:25 pm

EEM, FXI, Lat.Am all fresh hod here.
USO, EWG as well..
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Re: 12/07/2017 Live Update

Postby te_fern » Thu Dec 07, 2017 2:36 pm

The levered semi's are going sideways....
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Re: 12/07/2017 Live Update

Postby Daniel » Thu Dec 07, 2017 2:41 pm

DJT, USO hod

No inverse relationship there, today.
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