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09/18/2019 Live Update

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Cobra
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09/18/2019 Live Update

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no idea up or down from here. roller coaster show at 2 pm.
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Cobra
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Re: 09/18/2019 Live Update

Post by Cobra »


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Trades with cats
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Re: 09/18/2019 Live Update

Post by Trades with cats »

Presser starts at 2:30. He will have to explain liquidity situation. Twitter feed reminding us of the repo facility they set up in 2008. That was a band aid on a gushing wound.
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JFR
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Re: 09/18/2019 Live Update

Post by JFR »

ES daily. In a base, above the EMA 20, below the top of the base.

2019-09-18_0628.png
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JFR
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Re: 09/18/2019 Live Update

Post by JFR »

Overnight gap down, and then some, on ES, NQ, YM and RTY.

2019-09-18_0631.png
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Re: 09/18/2019 Live Update

Post by JFR »

Looking for support. Gotta check some ETF holdings. Back later.

2019-09-18_0637.png
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Al_Dente
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Re: 09/18/2019 Live Update

Post by Al_Dente »

note FDX
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Re: 09/18/2019 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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Cobra
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Re: 09/18/2019 Live Update

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Re: 09/18/2019 Live Update

Post by Trades with cats »

ES 12-19 (2000 Tick) _ ES 12-19 (2000 Tick) 2019_09_18 (7_59_02 AM).png
Super light volume last night. Lots of big traders have hedging stuff going on as we move into the quad witch. Looks like some of that going on now as the large trade detector is going off (circles on chart)
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Al_Dente
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Re: 09/18/2019 Live Update

Post by Al_Dente »

Rob Hanna
“…how SPY has performed between the time of the announcement and the NYSE close [INTRADAY] on Fed Days since Mr. Powell took over.
[Spoiler: The market has struggled]
https://quantifiableedges.com/post-anno ... l-arrived/
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Re: 09/18/2019 Live Update

Post by Trades with cats »

Thanks for that. Not once though does it mention the new Chair of New York fed fired the two experienced leaders of their 145 person trading desk team leaving them without leadership about 2 months ago. It also failed to mention that the banks needed the cash by 8:30 but that same Fed trading desk group failed to act until 9:30 or so making a complete failure of their control of the money supply. I figure the real reporters will be asking Jay about this mess in between the lobbed softballs from the reporters wasting all our time.

The money center banks own the NY Fed. Wondering how long until current chair leaves early.
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BullBear52x
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Re: 09/18/2019 Live Update

Post by BullBear52x »

I on the sell rip today, Fed or no Fed.

Simply TA. :ugeek:
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Re: 09/18/2019 Live Update

Post by Trades with cats »

ES 12-19 (15 Minute) _ ES 12-19 (15 Minute) 2019_09_18 (8_14_47 AM).png
FT 71's educated guess on where we could go after 2
Heck
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Re: 09/18/2019 Live Update

Post by Heck »

All Three C/P Option Sentiment Indices = DOWN
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Al_Dente
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Re: 09/18/2019 Live Update

Post by Al_Dente »

Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
ccash04
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Re: 09/18/2019 Live Update

Post by ccash04 »

Not sure how it directly affects equities other than if this funding stress continues, there could be a loss of confidence in Fed. It bears monitoring.

One thing to watch is SOFR as well, which is supposed to replace LIBOR but how can it if it is going to have volatility like it showed the last day or 2.

https://apps.newyorkfed.org/markets/autorates/sofr
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Cobra
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Re: 09/18/2019 Live Update

Post by Cobra »

so far it's just a range day, waiting for the 2 pm roller coaster show, shall we? possible range high here?
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Al_Dente
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Re: 09/18/2019 Live Update

Post by Al_Dente »

Once again, McElligott is confusing,
But I do understand this:
“… I see capacity where we could slingshot to the upside in Stocks, and fast …“
And more:
https://www.zerohedge.com/markets/nomur ... to+zero%29
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Re: 09/18/2019 Live Update

Post by Trades with cats »

Nomura's zinger, for me, is that a third of the options gamma keeping us pinned to ES 3,000 goes away Friday. I am in agreement with him that the markets will confuse balance sheet growth (which is already happening) with QE and send us up.
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