08/18/2014 Live Update

[Cobra]

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ES rarely has unfilled gap, so usually the gap will be filled sometimes later. For now, except the gap, I don't see anything wrong.

[Cobra]

weekly stock picks are here: http://www.cobrasmarketview.com/2014/08 ... ock-picks/

[gappy]

bb.PNG

Vote Cobra. glta

[fehro]

SPX 15m, as per usual these days.. gap-a-rama ... mind the gap.. into the July 31 gap.. still a wedge, almost retesting neckline of sorts...

[Cobra]

members only update at 9:50 am
http://www.cobrasmarketview.com/2014/08 ... ay-update/

[fehro]

SPX 15m, filled another gap

[flumanchu]

.

Looks like Friday's POMO was saved for today:

Thu, Aug 14, 2014 Fri, Aug 15, 2014 Outright Treasury Coupon Purchases 05/15/2019 - 04/30/2020 $1.60 - $1.90 billion

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[Cobra]

members only update at 10:10 am
http://www.cobrasmarketview.com/2014/08 ... ay-update/

[daytradingES]

.

Looks like Friday's POMO was saved for today:

Thu, Aug 14, 2014 Fri, Aug 15, 2014 Outright Treasury Coupon Purchases 05/15/2019 - 04/30/2020 $1.60 - $1.90 billion

.

Flu

Do we know when they usually do these - in the morning?
tks

[grandeG]

SPX 15m, filled another gap

Thanks for these postings. Very helpful.

[flumanchu]

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No idea - my take is the Primary Dealers are using the cash ($1.9 billion) from the bonds they sold to the Fed, and it's at their (Primary Dealers) discretion when they use it in the market, and who they tell (clients) that they are going to use it.

The POMO schedule is public knowledge, so it's a given that money will be used to buy bonds, and eventually that cash for those bonds will be coming into the market. Usually, it seems the money is deployed in a range of +-1 day surrounding the end date on the schedule (above I use the end date - Friday, so from last Thu to Mon (today), that money will hit the market).

.

[daytradingES]

.

No idea - my take is the Primary Dealers are using the cash ($1.9 billion) from the bonds they sold to the Fed, and it's at their (Primary Dealers) discretion when they use it in the market, and who they tell (clients) that they are going to use it.

The POMO schedule is public knowledge, so it's a given that money will be used to buy bonds, and eventually that cash for those bonds will be coming into the market. Usually, it seems the money is deployed in a range of +-1 day surrounding the end date on the schedule (above I use the end date - Friday, so from last Thu to Mon (today), that money will hit the market).

.

Thanks - good reply

at there discretion ...
big junk of cash they can buy whenever they make the most profit

[Al_Dente]

note TASR gap and up another 10% this morn

[Cobra]

consolidation here favors bulls.

[Xian]

Hey guys, good morning.

Where's Uempel? Still on vacation?

[fehro]

INDEX dailies... COMPQ / NDX new yearly highs

[Heck]

Opening long undervalued Index calls/puts @ 116% = BTD

http://www.ise.com/market-data/isee-index/

What dip?!

[Denali92]

Just posted a few comments on the somewhat unusual opex period price action.

http://www.cobrasmarketview.com/2014/08 ... ay-update/

Nothing stunning here - there certainly have been an amazing number of Gap ups!

-D

[Al_Dente]

potential triple/double top resistance on COMPQ and NDX: both broke out to the upside this morn
https://www.youtube.com/watch?v=cJQwnAhXnBk

[DellGriffith]

ES rarely has unfilled gap, so usually the gap will be filled sometimes later. For now, except the gap, I don't see anything wrong.

Its not ES but SPY can leave unfilled gaps and never look back when it blasts out of corrections. There are gaps on Feb 7th, 2014 and April 16th, 2014 that never filled.