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04/05/2018 Live Update

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Al_Dente
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Re: 04/05/2018 Live Update

Post by Al_Dente »

thanks for that link cats :D
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 »

last ten days %
dow (lime) leads the majors
45ten days.png.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Daniel
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Re: 04/05/2018 Live Update

Post by Daniel »

IWM, SPY challenging the Mar 27 opening gap and crap highs.
UUP challenging its late Feb high.
Last edited by Daniel on Thu Apr 05, 2018 11:39 am, edited 1 time in total.
fehro
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Re: 04/05/2018 Live Update

Post by fehro »

SPX 20d 2686 mind the upper open gap testing previous highes here 2674ish
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Cobra
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Re: 04/05/2018 Live Update

Post by Cobra »

this bull shall have legs. likely another uptrend day.
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daytradingES
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Re: 04/05/2018 Live Update

Post by daytradingES »

daytradingES wrote:going for 2671.25?
HOD 2672 dif 0.75
Educational only and not trading advice (EO&NTA) :)
Good trading to all
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Cobra
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Re: 04/05/2018 Live Update

Post by Cobra »


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te_fern
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Re: 04/05/2018 Live Update

Post by te_fern »

R1 pivot holding things back...
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Al_Dente
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Re: 04/05/2018 Live Update

Post by Al_Dente »

Al_Dente wrote:AD Bull:
NY advancing stocks = 2.1 x declining stocks
NY advancing volume = 2.9 x declining volume

Nasdaq advancing stocks = 1.5 x declining stocks (weak, narrow based rally/squeeze on the nas)
Nasdaq advancing volume = 2.7 x declining volume
NY advancing stocks = 2.7 x declining stocks
NY advancing volume = 6 x declining volume

Nasdaq advancing stocks = 1.9 x declining stocks
Nasdaq advancing volume = 2.4 x declining volume
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 »

Folks have been parking cash/proceeds in short-term treasurys for about a month.
SHY (top panel) is like a treasury-money market, a “parking place” for funds awaiting serious investment.
Equity bulls see this as “dry powder” funds available to move back into stocks.
45shy.png.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Cobra
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Re: 04/05/2018 Live Update

Post by Cobra »

the pullback will be bought probably around here.
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Al_Dente
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Re: 04/05/2018 Live Update

Post by Al_Dente »

Thinking out loud:
They don’t even need Corporate Buybacks in the current scenario:
Obviously many/most were short
Ooooops, gotta cover
Buy-to-cover (short squeeze)

When will the covering be over?
mmmmm, we'll see it when the squeeze rally relaxes/plateaus/reverses/ends…
Last edited by Al_Dente on Thu Apr 05, 2018 12:31 pm, edited 1 time in total.
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
fehro
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Re: 04/05/2018 Live Update

Post by fehro »

fehro wrote:SPX 20d 2686 mind the upper open gap testing previous highes here 2674ish

RUT stalls at 50d SMA .. QQQs, NDX weak… SPX eases at key area 2665- 2675 mind the morning gaps..
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Al_Dente
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Re: 04/05/2018 Live Update

Post by Al_Dente »

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 »

Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Daniel
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Re: 04/05/2018 Live Update

Post by Daniel »

Al_Dente wrote:Day Trading
time-of-day
https://vantagepointtrading.com/time-of ... -patterns/
A well-thought out article by Mr. Mitchell. Bespoke, in their premium service, does alot of updating of trailing current Time of Day tendencies.
Trades with cats
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Re: 04/05/2018 Live Update

Post by Trades with cats »

Market looking for buyers, clearly found some inside yesterday's range. But not enough to clear Mid/VWAP yet. My guess is a do over is on the agenda later this afternoon.
Daniel
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Re: 04/05/2018 Live Update

Post by Daniel »

Longer-term 'recency bias' is telling the Market Mind that breakouts should build on themselves. But these recent (relatively) sharp sudden declines over the past weeks has created a level of "overhead supply" such as hasn't existed for awhile. Price on SPY and on QQQ keeps running into somebody's fib-retrace level, or pivot point, or trendline...and then suddenly stops.

However, earnings season should be a good one. Bsn optimism studies portend this. And the market cannot be said to have fully discounted this possibility, not when it's clinging to its 200day MA. So it may turn out to be a choppy 3 steps up, 2 back, for the next couple weeks... but overall a positive earnings-driven uptrend.
victorm
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Re: 04/05/2018 Live Update

Post by victorm »

I used this pattern for some years, just for day trading to earn some money. Usually not more then 15% of all account. It's arr 15-20k and quite easy to make some 300-400$ with this ammount, But core account is on trend and only for a swings.
Also, this pattern is good for stocks but for pr metals pattern should be adjusted as it rarely works.

P.S. sorry, it's for Daniel article post
Last edited by victorm on Thu Apr 05, 2018 2:19 pm, 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 »

These 8 stocks are responsible for virtually ALL of the dow-30 advance at the moment
BA, CVX, GS, MCD, CAT, AAPL, DWDP and JPM
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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