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05/18/2020 Live Update

ccash04
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Re: 05/18/2020 Live Update

Post by ccash04 »

VIX not staying down, maybe due to the big gap this morning. Investment bonds not as thrilled as equity, junk bonds are thrilled.

Does seem like SPY is going to test 300 prior to going down.
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Al_Dente
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Re: 05/18/2020 Live Update

Post by Al_Dente »

Add Fidelity to that list (?)
Do you remember the last time we little retailers led the market, and the institutions had to "catch up."
No, I don't either...

https://eresearch.fidelity.com/eresearc ... ders.jhtml
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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JFR
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Re: 05/18/2020 Live Update

Post by JFR »

SPY 5. Up to the pivot.

2020-05-18_0835.png
Last edited by JFR on Mon May 18, 2020 11:36 am, edited 1 time in total.
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Heck
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Re: 05/18/2020 Live Update

Post by Heck »

$VIX Target + 129 %
From 28.35 to 65 = DOWN

$TRIN > 1 = DOWN
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Cobra
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Re: 05/18/2020 Live Update

Post by Cobra »

This bull shall have legs. It's an uptrend day, stronger than I thought. I thought even it's an uptrend day it'd be very slow one but so far it's not.
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ccash04
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Re: 05/18/2020 Live Update

Post by ccash04 »

Building positions in puts, that is only thing that looks like value now.
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Al_Dente
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Re: 05/18/2020 Live Update

Post by Al_Dente »

Buffett has been on a selling spree :shock:
No new buys for Buffett
https://marketrealist.com/2020/05/berks ... ing-spree/
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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JFR
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Re: 05/18/2020 Live Update

Post by JFR »

Dow 30. A sea of green. Led by DOW, BA and RTX. MRK, PFE and JNJ trailing.

2020-05-18_0838.png
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Al_Dente
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Re: 05/18/2020 Live Update

Post by Al_Dente »

INVERTED Volatility
Options traders are not as bullish as you would expect
518vol.png.png
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BullBear52x
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Re: 05/18/2020 Live Update

Post by BullBear52x »

Al_Dente wrote:Buffett has been on a selling spree :shock:
No new buys for Buffett
https://marketrealist.com/2020/05/berks ... ing-spree/
I wonder why? the king of dip buyers and don't go against America guy, He now sell? something is not right. :lol:
Last edited by BullBear52x on Mon May 18, 2020 11:47 am, edited 1 time in total.
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JFR
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Re: 05/18/2020 Live Update

Post by JFR »

https://www.marketwatch.com/story/dow-f ... =home-page
U.S. stocks soared on Monday, erasing May losses, after drugmaker Moderna announced positive, early results from its first human trial of its experimental Covid-19 vaccine, boosting hopes that the medical community was making progress against the coronavirus.

Risk assets also received a boost after Federal Reserve Chairman Jerome Powell on Sunday night struck a more upbeat tone on the U.S.’s growth prospects, while highlighting that the central bank still retained tools to limit the economic downturn.
2020-05-18_0845.png
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merryme
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Re: 05/18/2020 Live Update

Post by merryme »

I monitor several of the BUY SIDE institutions' buying and selling over each quarter. (It's a manual process.) Since 9/30/19 through today, which is the most up-to-date data available to me, Vanguard has reduced their holdings by $229,493,000,000 which is roughly 8%. The big tell will be next quarter's data... patience is needed to ride this out before investing long term.

https://old.nasdaq.com/quotes/instituti ... -inc-61322

Premarket day trading is most lucrative now because that's when the FEDs are buying. (<=That's an opinion, not a fact!)
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BullBear52x
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Re: 05/18/2020 Live Update

Post by BullBear52x »

If today is the start of a reversal we should see funds withdraw late in the day. I am selling at every peak from here on. RSI >70 on 1min. to participate on the late day sell off, if I am wrong I don't see any more squeeze all FOMO are all in and feel really good right about now.
Last edited by BullBear52x on Mon May 18, 2020 11:52 am, edited 1 time in total.
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Al_Dente
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Re: 05/18/2020 Live Update

Post by Al_Dente »

BullBear52x wrote:
Al_Dente wrote:Buffett has been on a selling spree :shock:
No new buys for Buffett
https://marketrealist.com/2020/05/berks ... ing-spree/
I wonder why? the king of dip buyers and don't go against America guy, He now sell? something is not right. :lol:
:D
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merryme
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Re: 05/18/2020 Live Update

Post by merryme »

Premarket demand started at about 7:40 am Eastern Time today. It was impressive.
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Cobra
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Re: 05/18/2020 Live Update

Post by Cobra »


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Cobra
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Re: 05/18/2020 Live Update

Post by Cobra »

Back to what I felt at the start: Slow uptrend day at the best. Now the very first touch of EMA20, watch for buy setup. Also it means the uptrend of today is near over.
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Cobra
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Re: 05/18/2020 Live Update

Post by Cobra »

Higher high fulfilled, it took much longer time than I thought though $SPY $SPX $ES_F
viewtopic.php?f=2&t=4007&p=282796#p282796

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Al_Dente
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Re: 05/18/2020 Live Update

Post by Al_Dente »

Mr. Wonderful on CNBC said moments ago:
just put your money in tech and health
I'm sick of these banks
:lol: :lol: :lol:
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Heck
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Re: 05/18/2020 Live Update

Post by Heck »

BullBear52x wrote:
Al_Dente wrote:Buffett has been on a selling spree :shock:
No new buys for Buffett
https://marketrealist.com/2020/05/berks ... ing-spree/
I wonder why? the king of dip buyers and don't go against America guy, He now sell? something is not right. :lol:
In the short run market a voting machine

In the long run market a weighing machine

Third of Men not working

https://fred.stlouisfed.org/series/LNU01300001

Record 39.6 % Unemployment

http://www.shadowstats.com/alternate_da ... ent-charts

55% of shuttered small businesses don’t plan to rehire workers

Record 103 million Americans of working age Not in Labor Force

https://fred.stlouisfed.org/series/LNS15000000

Tax revenues replaced by record $7 T Fed Digital Funny Money

https://fred.stlouisfed.org/series/WALCL

But hey, it could be worse

BG sold all MSFT shares in his Foundation

https://www.gurufocus.com/guru/bill+gates/stock-picks
Last edited by Heck on Mon May 18, 2020 1:53 pm, edited 4 times in total.
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