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04/05/2018 Live Update

Trades with cats
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Re: 04/05/2018 Live Update

Post by Trades with cats »

1 hour opening range, Stuck in the middle again, right at the middle of the overnight price range. In olden days I would have said looks like a boring range day but with news driven market and twitter I dare not say that. :lol:
Daniel
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Re: 04/05/2018 Live Update

Post by Daniel »

IYT, SMH, and now KRE all gap fill. Not all sectors are strong today.
te_fern
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Re: 04/05/2018 Live Update

Post by te_fern »

Talk about going sideways in a narrow range....
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Al_Dente
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Re: 04/05/2018 Live Update

Post by Al_Dente »

Trades with cats wrote:QQQ don't get it, wire service this morning talking about Amazon about to land 10 billion contract with Department of Defense for cloud services, that is their 50% margin bright spot in their business. :?
boss, have u got a link for that?
I would have thought AMZN would be last on the list, because tweets etc
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Trades with cats
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Re: 04/05/2018 Live Update

Post by Trades with cats »

Open question on yesterday, given today's lack of follow through:
1. Larry Kudlow using an experimental DARPA rainbow gun.
2. breakthrough in trade negotiations, we get someone who knows something from PBOC and they take Mnuchin and a future draft choice.
3. old school short squeeze
daytradingES
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Re: 04/05/2018 Live Update

Post by daytradingES »

Trades with cats wrote:QQQ don't get it, wire service this morning talking about Amazon about to land 10 billion contract with Department of Defense for cloud services, that is their 50% margin bright spot in their business. :?
I thought the White house was planning to cancel some cloud services with Amazon??
Educational only and not trading advice (EO&NTA) :)
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Al_Dente
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Re: 04/05/2018 Live Update

Post by Al_Dente »

come on come on
we need some HODs here
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: 04/05/2018 Live Update

Post by Al_Dente »

Random notes:
Sheryl Sandberg is supposed to be live on blmbrg at 3:00 ET
I hear the DAX is up 2.6% today :o
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
te_fern
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Re: 04/05/2018 Live Update

Post by te_fern »

Giving the Bios a flyer....
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te_fern
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Re: 04/05/2018 Live Update

Post by te_fern »

Al_Dente wrote:come on come on
we need some HODs here
that would be nice!! :D
This is not investment or trade advice.
daytradingES
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Re: 04/05/2018 Live Update

Post by daytradingES »

going for 2671.25?
Last edited by daytradingES on Thu Apr 05, 2018 11:09 am, edited 1 time in total.
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Al_Dente
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Re: 04/05/2018 Live Update

Post by Al_Dente »

Al_Dente wrote:come on come on
we need some HODs here
$INDU HOD
Other majors are very near
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Trades with cats
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Re: 04/05/2018 Live Update

Post by Trades with cats »

Amazon and DOD- tweet with picture of Bezo's in baseball cap and aviator sunglasses has been pulled. Lots of stuff last 24 hours or more in the media. For example http://thehill.com/policy/technology/38 ... d-contract. Bottom line it is a huge contract. Media says no one else is large enough to do the contract. Amazon claims a 50% margin on cloud services, doubt they will do DoD for free. Waiting for the fat lady to sing on this!
Trades with cats
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Re: 04/05/2018 Live Update

Post by Trades with cats »

ES now above opening range 60.
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Al_Dente
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Re: 04/05/2018 Live Update

Post by Al_Dente »

Al_Dente wrote:
Al_Dente wrote:come on come on
we need some HODs here
$INDU HOD
Other majors are very near
HOD
SP
smalls
qqq near
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Trades with cats
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Re: 04/05/2018 Live Update

Post by Trades with cats »

Best looking m,ove so far today on my fast tick charts but the overnight high has paused it. My guess is those London/Frankfurt traders lightening up 20 minutes before their close.
te_fern
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Re: 04/05/2018 Live Update

Post by te_fern »

Out of the bio trade...
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fehro
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Re: 04/05/2018 Live Update

Post by fehro »

fehro wrote:/ES 15m.. fwiw.. minor H&S … mind a retrace to yellow triangle.. key area… SPX 200d SMA key to the downside.. 20d.50d to the insane upside move.

INDU >20d RUT 3 points shy of 50d USdollar strong.. /CL holds 20d SMA retest mind those 20d/50d .. so close :roll:
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daytradingES
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Re: 04/05/2018 Live Update

Post by daytradingES »

Trades with cats wrote:Amazon and DOD- tweet with picture of Bezo's in baseball cap and aviator sunglasses has been pulled. Lots of stuff last 24 hours or more in the media. For example http://thehill.com/policy/technology/38 ... d-contract. Bottom line it is a huge contract. Media says no one else is large enough to do the contract. Amazon claims a 50% margin on cloud services, doubt they will do DoD for free. Waiting for the fat lady to sing on this!
Aside from the fact that the DOD shouldn't be putting stuff on the cloud for security reasons (*), they have had they own computers for a long time - why would they bother even outsourcing storage at all with storage so cheap?

I really hate this "OH MY we MUST do the cloud!! It is SO like now."

(*)
Delliote lost all clients info (emails confidential contract details stored on cloud,
Equifax - how does one spell incompetence?
Educational only and not trading advice (EO&NTA) :)
Good trading to all
daytradingES
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Re: 04/05/2018 Live Update

Post by daytradingES »

Breakout =2673.25
Educational only and not trading advice (EO&NTA) :)
Good trading to all
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