01/27/2016 Live Update

[fehro]

SPX .. NDX still red.. dabble small short here

[BullBear52x]

Here is the short term Come2papa sell the rip, same simple playbook as always.

[daytradingES]

1906 target attained!

[fehro]

INDEX days

[Al_Dente]

moments ago US stocks stormed into the green...........

• BREAKING: Russia's Transneft says Russia and OPEC will discuss possible output cuts -TASS
• RUSSIA TO DISCUSS OIL OUTPUT LEVELS W/ OPEC: TOKAREV
• RUSSIA TO CONTIUE WEIGHING NEED TO COORDINATE W/ OPEC: KORSIK
[both Reuters and Bloomberg]

[josephli]

charting 101, short term consolidation range, buy lo sell hi on the range.

boss, wouldn't that a contradiction to your trend following philosophy?

Not at all, that is perfect come2papa sell. negative MACD histogram RSI>70 short term 5 min.

and I use 1 min. to fine tune the entry here, see TSI, until it fails or bears last stand.

i see. thanks.

[josephli]

SPX .. NDX still red.. dabble small short here

will join you in the afternoon or tomorrow morning.

[BullBear52x]

Right now most active on NYSE and NASDAQ, bottom? or just dead cat bounce ?

[DellGriffith]

a good close and we can target SPY 196.

[Out of Bounds]

I had to go to Home Depot and the pool store so I put in sell orders at 190.75 and came back to see they all executed.

Who pushed the button while I was gone?

[fehro]

SPX at Jan 14/15 gap

[BullBear52x]

Back to bullish cross now, the breakout is credible on my book. for last short selling should get out with the shirt on the back still.

[Trades with cats]

Pasta Boss, must be the right time for a short squeeze in CL as this is the second time in the last couple of days they have used a Saudi production cut story, this time to try and counteract the horrific DOE report. I am waiting for Manduro to stop paying those imperialist foreign bankers and run Venezuela into bankrupt chaos. That, with multiple Bankruptcies in the US oil patch and most new credit turned off will signal the light at the end of the tunnel.

[Al_Dente]

Pasta Boss, must be the right time for a short squeeze in CL as this is the second time in the last couple of days they have used a Saudi production cut story, this time to try and counteract the horrific DOE report. I am waiting for Manduro to stop paying those imperialist foreign bankers and run Venezuela into bankrupt chaos. That, with multiple Bankruptcies in the US oil patch and most new credit turned off will signal the light at the end of the tunnel.

ELSEWHERE:
More on that MONTHLY (not quarterly) rebalancing we noted yesterday:
GS expects $14bn of equities to buy as of 22Jan

[fehro]

SPX .. minor H&S in the 5m if we stall (RS) in this range.. target of H&S yellow line.. 1904ish

[MrMiyagi]

spy

qqq

[MrMiyagi]

Intraday NYMO at +21.32, just under day high.

[brokebybernacke2]

Intraday NYMO at +21.32, just under day high.

pop started early bit early for me..... all playing inverse head and shoulders, very obvious and reasonable, should hold 1905 BUT just keep eye on this flag over next week or so..

[Al_Dente]

tick by tick

[BullBear52x]

Today's intraday trade fool me twice already without gain, if it fools me for the 3rd time I am done.