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Re: 01/26/2018 Live Update

Posted: Fri Jan 26, 2018 2:38 pm
by Trades with cats
ES 03-18 (2 BetterRenko(17)) 2018_01_26.png
I think this what they call an unfair high or a weak high . You would expect to see some backing and filling around the holes in the price distribution chart.

Re: 01/26/2018 Live Update

Posted: Fri Jan 26, 2018 2:42 pm
by Trades with cats
stages_bubble.png
Junior Buffett wrote:can someone please close the flood gate? This market is going up and up without any reason...this rate we will touch 3000 by first week of Feb!
Where did you say we were? :D

Re: 01/26/2018 Live Update

Posted: Fri Jan 26, 2018 2:49 pm
by te_fern
Continues to melt up...

Re: 01/26/2018 Live Update

Posted: Fri Jan 26, 2018 2:52 pm
by fehro
NDX pushes for 7000 just 15 points.. SPX INDU nATH TRANsports RUT lag

Re: 01/26/2018 Live Update

Posted: Fri Jan 26, 2018 3:01 pm
by te_fern
Held my noise and bought some bios.... tight stop.

Re: 01/26/2018 Live Update

Posted: Fri Jan 26, 2018 3:03 pm
by Trades with cats
NQ the tech futures at 6,999.

Re: 01/26/2018 Live Update

Posted: Fri Jan 26, 2018 3:06 pm
by Junior Buffett
Trades with cats wrote:
stages_bubble.png
Junior Buffett wrote:can someone please close the flood gate? This market is going up and up without any reason...this rate we will touch 3000 by first week of Feb!
Where did you say we were? :D
Where in this graph we are currently trending? Delusional?

Re: 01/26/2018 Live Update

Posted: Fri Jan 26, 2018 3:09 pm
by Al_Dente
SPY = ATH
VIX futures traders (XIV) strongly disagree

Re: 01/26/2018 Live Update

Posted: Fri Jan 26, 2018 3:14 pm
by Cobra
this bull shall have legs. unbelievable.

Re: 01/26/2018 Live Update

Posted: Fri Jan 26, 2018 3:15 pm
by Al_Dente
QQQ is at or a few pennies away from ATH
QQQE (the equal-weighted QQQ) ATH
FDN (the fangs and big tech) ATH
APPL nope

Re: 01/26/2018 Live Update

Posted: Fri Jan 26, 2018 3:23 pm
by fehro

Re: 01/26/2018 Live Update

Posted: Fri Jan 26, 2018 3:30 pm
by Al_Dente
That triggered a breakdown on the little intraday box on GDX, NUGT
We’ll know soon enough if it’s a trap
1m
126gdx box break.png.png

Re: 01/26/2018 Live Update

Posted: Fri Jan 26, 2018 3:34 pm
by fehro
Al_Dente wrote:That triggered a breakdown on the little intraday box on GDX, NUGT
We’ll know soon enough if it’s a trap
1m
The attachment 126gdx box break.png.png is no longer available
careful of a weekend move on the dollar.. fwiw 30m DXY

Re: 01/26/2018 Live Update

Posted: Fri Jan 26, 2018 3:58 pm
by Al_Dente
Week at a glance (~hour before the close)
Both aggressives and defensives are above the zero line this week... that’s a bit unusual…
126week glance.png.png

Re: 01/26/2018 Live Update

Posted: Fri Jan 26, 2018 3:58 pm
by Al_Dente
fehro wrote:
Al_Dente wrote:That triggered a breakdown on the little intraday box on GDX, NUGT
We’ll know soon enough if it’s a trap
1m
126gdx box break.png.png
careful of a weekend move on the dollar.. fwiw 30m DXY
thanks boss :D

Re: 01/26/2018 Live Update

Posted: Fri Jan 26, 2018 4:00 pm
by Al_Dente
HAPPY HOUR:
kiss the paw.png.png

Small Cap Index

Posted: Fri Jan 26, 2018 4:02 pm
by Just Trading
Can anyone please offer an explanation for why the small cap has been underperforming lately? Thanks in advance.

Re: Small Cap Index

Posted: Fri Jan 26, 2018 4:10 pm
by Al_Dente
Just Trading wrote:Can anyone please offer an explanation for why the small cap has been underperforming lately? Thanks in advance.
maybe concern about credit risk?
HYG

Re: Small Cap Index

Posted: Fri Jan 26, 2018 4:10 pm
by Trades with cats
Just Trading wrote:Can anyone please offer an explanation for why the small cap has been underperforming lately? Thanks in advance.
DXY. Fed rate policy. They don't sell 40% or more of their stuff overseas and they can't access bond markets with the same ease as Netflix or Apple.

Re: 01/26/2018 Live Update

Posted: Fri Jan 26, 2018 4:13 pm
by Trades with cats
Fear Of Missing Out gripping late day trading. Last half hour or so should be wild with ETFs and day traders looking to close their books.