06/11/2018 Live Update

[Cobra]

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no idea up or down from here. FOMC on Wednesday so probably boring today and tomorrow.

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2018/06 ... ay-update/

[fehro]

choppy /ES

[fehro]

futs test oHODs.. may stall if not upper trends

[fehro]

TRANSports strong ..VIX curiously green

[fehro]

nibble short mind the morning gap

[Cobra]

members only update at 10:00 am
http://www.cobrasmarketview.com/2018/06 ... ay-update/

[fehro]

SPX .. holds up.. /CL spikes… AAPL nLOD H&S 5 day, island top.. Fri's LOD goes on AAPL with 20d SMA looking for -4.50 drop will take Qs with it

[brokebybernacke2]

SPX .. holds up.. /CL spikes… AAPL nLOD H&S 5 day, island top.. Fri's LOD goes on AAPL with 20d SMA looking for -4.50 drop will take Qs with it

one would think they would create a buy opp prefed

[fehro]

nibble short mind the morning gap

[fehro]

bulls a tad overconfident.. FOMC, OEW Friday , VIX expiration next Wed

[Al_Dente]

Insiders are gaming the Stock Buyback system. Here’s how:
1) announce the buyback
2) investors get excited and buy the stock
3) the stock pops
4) insiders sell the pop
https://www.zerohedge.com/news/2018-06- ... to+zero%29

[Al_Dente]

While everyone focuses on AAPL (lime), the standout performer YTD in “ top tech” is still NFLX (red)
NFLX is only 1.9% of QQQ so it’s not going to move QQQ as much the other faangs+ do
However NFLX is the third largest holding in FDN (6% of FDN), and we have been using FDN as a “guide”

[K447]

Insiders are gaming the Stock Buyback system. Here’s how:
1) announce the buyback
2) investors get excited and buy the stock
3) the stock pops
4) insiders sell the pop
https://www.zerohedge.com/news/2018-06- ... to+zero%29

Gaming the system?

Isn't that how it is supposed to work?

[Al_Dente]

Gaming the system?
Isn't that how it is supposed to work?

[Al_Dente]

Watch list: UPS, FDX, IYT, and especially AMZN
Old news, 6/7/2018 [CBS News, and later zh]
Over 90% of the UPS’s union members have voted to stop working if a deal can't be reached on their current labor contract which expires on August 1 [they have plenty of time].
Part-time UPS drivers make about $15 an hour. Full-time drivers currently earn about $36 an hour, or about $75k a year.
[Looks like the real issue is fear of a potential 7-day delivery schedule, because AMZN]

[Cobra]

nice breakout, hmm.

[fehro]

SPX .. nHOD with Qs IWM lags /CL spikes up with market.. AAPL still red

[Al_Dente]

Reminder
Almanac's TYPICAL June
Today is the 7th trading day of the month
https://78.media.tumblr.com/809112fc248 ... pr_500.jpg

[Cobra]

members only update at 12:03 pm
http://www.cobrasmarketview.com/2018/06 ... ay-update/