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Re: 06/20/2018 Live Update

Posted: Wed Jun 20, 2018 10:57 am
by Al_Dente
Effective prior to the start of trading on June 26.
GE got kicked out of the dow
Replaced by WBA, Walgreens
https://www.reuters.com/article/us-walg ... ss+News%29

The divisor will change, and
The WSJ indicates that about $29.5 billion of mutual funds and ETFs track the Dow, compared with the $9.9 trillion :o in funds linked to the S&P 500 index through the end of 2017.
[Everyone linked to the dow will now have to sell GE and buy WBA to rebalance.]
https://www.marketwatch.com/story/what- ... op_stories

Re: 06/20/2018 Live Update

Posted: Wed Jun 20, 2018 11:09 am
by te_fern
I guess a sign of our service economy and us baby boomers needing drugs....LOL!

Re: 06/20/2018 Live Update

Posted: Wed Jun 20, 2018 11:24 am
by Junior Buffett
It is very surprising that when I Google " China Tarrif news" there is absolutely zero news item for today...all the news line items shows from early morning June 19th or before....I can't imagine that no one is talking about this issue!

Re: 06/20/2018 Live Update

Posted: Wed Jun 20, 2018 11:24 am
by te_fern
Breaking VWAP now, see if it can become downside support...

Re: 06/20/2018 Live Update

Posted: Wed Jun 20, 2018 11:27 am
by Cobra
we may have the day range now. so divide by 4.

Re: 06/20/2018 Live Update

Posted: Wed Jun 20, 2018 11:28 am
by Trades with cats
Canada legalized today. Waiting to see how this plays out in the intermountain west. Good growing conditions but a lot of conservative religious politicians. No matter what this cannot be good for Mexico's balance of trade.

Drove over to a little railroad tank town for the eclipse last summer. Was not aware that they voted for sales while the rest of their county did not. Town has two stop lights and two pot shops with the old closed up motels and cafes re-opening. You know that sooner or later Wallgreen's will get a piece of that business.

Re: 06/20/2018 Live Update

Posted: Wed Jun 20, 2018 11:37 am
by K447
Junior Buffett wrote:It is very surprising that when I Google " China Tarrif news" ...
Google personalizes results for each user. You are identified by Internet IP address, browser cookies, Google login, etc.

And cross linked to your mobile search patterns, online browsing and buying data, etc.

Also, Tariff has two f and one r ;)

I do not think of Google as being particularly good at news aggregation. At least not news that is actually new and very recent.

Re: 06/20/2018 Live Update

Posted: Wed Jun 20, 2018 11:55 am
by Trades with cats
This is the one FT 71 offers at Convergent Trading.
https://tradethenews.com/

Re: 06/20/2018 Live Update

Posted: Wed Jun 20, 2018 11:57 am
by Trades with cats
FINVIZ.com has a free news feed page. One side is facts, the other is commentary and opinions, as in Wall Street Journal sperated from Zerohedge., ;)

Re: 06/20/2018 Live Update

Posted: Wed Jun 20, 2018 12:02 pm
by Cobra

Re: 06/20/2018 Live Update

Posted: Wed Jun 20, 2018 12:07 pm
by Cobra
testing day high as expected, now see if bears can make double top here.

Re: 06/20/2018 Live Update

Posted: Wed Jun 20, 2018 12:10 pm
by Al_Dente
Trades with cats wrote:FINVIZ.com has a free news feed page. One side is facts, the other is commentary and opinions, as in Wall Street Journal sperated from Zerohedge., ;)
i like that one
https://finviz.com/news.ashx

Re: 06/20/2018 Live Update

Posted: Wed Jun 20, 2018 12:12 pm
by te_fern
Since the levered smalls hit the bottom of the Pasta Boss' box, its gone about straight up!! Wish I can tell you I bought some!! :D

Re: 06/20/2018 Live Update

Posted: Wed Jun 20, 2018 12:13 pm
by Trades with cats
Finviz is my Sunday night before bed go to so I am prepared for Monday morning.

Re: 06/20/2018 Live Update

Posted: Wed Jun 20, 2018 12:17 pm
by Trades with cats
Fist knock on the door at the high was around 6 AM Eastern, tried again 10 minutes before th cash open and now here we are two and a half hours later. Not very impressed by the bulls s o far. Now if they can get up to that 2788 ES and hold it into tomorrow, well that would be different.

Re: 06/20/2018 Live Update

Posted: Wed Jun 20, 2018 12:25 pm
by te_fern
Took my gas money out. Will look for another entry...

Re: 06/20/2018 Live Update

Posted: Wed Jun 20, 2018 12:46 pm
by Cobra
the breakout so far looks encouraging.

Re: 06/20/2018 Live Update

Posted: Wed Jun 20, 2018 12:51 pm
by Cobra
possible uptrend day instead of range day.

Re: 06/20/2018 Live Update

Posted: Wed Jun 20, 2018 12:53 pm
by Trades with cats
Wow, powered through, third time was the charm. Closing in on prime upside target of 2779 ES. Stretch goal of 2788.25.

Re: 06/20/2018 Live Update

Posted: Wed Jun 20, 2018 12:58 pm
by Trades with cats
ES 09-18 (2 Minute) 2018_06_20 (10_55_37 AM).png
They had to open their wallets on that last move!