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01/04/2018 Live Update

Re: 01/04/2018 Live Update

Postby Daniel » Thu Jan 04, 2018 12:26 pm

Daniel wrote:We may see a gap fill in IWM today.

update: and there it is.
Transports LOD-- IYT gap fill as well.
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Re: 01/04/2018 Live Update

Postby Trades with cats » Thu Jan 04, 2018 12:36 pm

ES 03-18 (2 BetterRenko(17)) 2018_01_04 C.png

ES back testing the median price. I am not going to get excited until it drops out of the noise level on those deviation bands. Admit I did put on a small short because we haven't crossed that line for 2 and a half days.
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Re: 01/04/2018 Live Update

Postby Trades with cats » Thu Jan 04, 2018 12:42 pm

I should add I sure do not count the opening half hour/ hour as VWAP and Median are bounced around by the opening moves. Fat Tails, who programmed these indicators for Ninjatrader says they are not that accurate until an hour or two into the day. He lives in Berlin and certainly lives up to the stereotype of a German Programmer Statistician when it comes to being precise and testing everything.
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Re: 01/04/2018 Live Update

Postby JFR » Thu Jan 04, 2018 12:43 pm

Some DOW stocks
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Re: 01/04/2018 Live Update

Postby Al_Dente » Thu Jan 04, 2018 12:47 pm

The S&P 500 has gone 382 days without a 5% pullback. The benchmark index is just over two weeks from eclipsing the record of 394 days without a 5% drop, according to Goldman Sachs.
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Re: 01/04/2018 Live Update

Postby Al_Dente » Thu Jan 04, 2018 12:49 pm

HEY, SINCE WHEN DO YOU FILE AN IPO IN SECRET ???
Spotify has reportedly filed for its IPO in secret. Spotify confidentially filed for its initial public offering in December and is aiming to list in the first quarter, the news website Axios reports.
[add: "By filing in private, companies can test how interested investors are in buying their stock before going public with their intentions."
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Re: 01/04/2018 Live Update

Postby Trades with cats » Thu Jan 04, 2018 12:52 pm

Storm.jpg

With London/Frankfurt closed and this storm (I am assuming) destroying the laser and microwave links to Chicago I am guessing volume is going to dry up fast. At least I sure wouldn't be staying in Manhattan right now!
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Re: 01/04/2018 Live Update

Postby Trades with cats » Thu Jan 04, 2018 12:55 pm

Ha Ha private IPO filing must mean they don't know if the brokerages can round up enough suckers to bail out the owners! I can hear the pitch now "I can get you in this isn't even public". :twisted: :lol:
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Re: 01/04/2018 Live Update

Postby Cobra » Thu Jan 04, 2018 12:55 pm


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Re: 01/04/2018 Live Update

Postby Daniel » Thu Jan 04, 2018 1:01 pm

XLE hod
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Re: 01/04/2018 Live Update

Postby Daniel » Thu Jan 04, 2018 1:04 pm

Al_Dente wrote:
Trades with cats wrote:Tech trying to break to the red again, small caps can't even fog a mirror anymore. :lol:

:lol:

Careful, may be some moisture there. RVX back under 14, dip buyers may be fading the fill.
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Re: 01/04/2018 Live Update

Postby Trades with cats » Thu Jan 04, 2018 1:08 pm

Refineries running at peak summer levels. Two tankers of heating oil in the Atlantic heading for East Coast. Big draw on Natty which is breaking below it's 5 year average. Don't forget US is now a net exporter of Nat Gas. Hedge Funds were already record long. Hello animal spirits in energy stocks. Wanna bet the shale group goes even further short in the next COT locking in profits. (at the possible future expense of the hedge funds).
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Re: 01/04/2018 Live Update

Postby Trades with cats » Thu Jan 04, 2018 1:09 pm

Yea, when Cobra said bounce may be starting my charts agreed and I settled for some scratch trades.
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Re: 01/04/2018 Live Update

Postby Cobra » Thu Jan 04, 2018 1:09 pm

possible mm.
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Re: 01/04/2018 Live Update

Postby Daniel » Thu Jan 04, 2018 1:15 pm

Al_Dente wrote:The S&P 500 has gone 382 days without a 5% pullback. The benchmark index is just over two weeks from eclipsing the record of 394 days without a 5% drop, according to Goldman Sachs.

Go bulls go!
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Re: 01/04/2018 Live Update

Postby te_fern » Thu Jan 04, 2018 1:30 pm

Got stopped out for a cup of coffee! Better than a sharp stick in the eye! :D
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Re: 01/04/2018 Live Update

Postby te_fern » Thu Jan 04, 2018 1:32 pm

Should have looked harder at the Semi's. Looks like a double top right now!
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Re: 01/04/2018 Live Update

Postby Trades with cats » Thu Jan 04, 2018 1:43 pm

te_fern wrote:Should have looked harder at the Semi's. Looks like a double top right now!

Not sure how this will play out. Since everybody is in the same boat I am guessing they try to ramp up AMD purchases for now but of course they have capacity restraints. Next die shrink for Intel hits retail next year (I am planning on building a new box when they come out). If they can redesign in time I am guessing it could turn into a major upgrade cycle. Until then why would anybody buy anything they don't absolutely have to?
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Re: 01/04/2018 Live Update

Postby Daniel » Thu Jan 04, 2018 1:55 pm

FXI lod
Solid recovery so far in retail and consumer ETFs, tho still down >1% from the open.

update: TLT also recovering nicely, not far now from its HOD
Last edited by Daniel on Thu Jan 04, 2018 2:11 pm, edited 1 time in total.
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Re: 01/04/2018 Live Update

Postby fehro » Thu Jan 04, 2018 2:07 pm

mind AAPL sitting on edge of cliff.. 20d SMA, H&S.. if LOD and yLOD go with conviction 172.23 20d 170.51 50d
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