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03/02/2016 Live Update

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Cobra
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Re: 03/02/2016 Live Update

Post by Cobra »

ascending triangle breakout as expected.
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Cobra
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Re: 03/02/2016 Live Update

Post by Cobra »

ascending triangle text book target.
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Out of Bounds
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Re: 03/02/2016 Live Update

Post by Out of Bounds »

Now the Russell, which has been strong all day, has run out of steam. Very confusing day.
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fehro
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Re: 03/02/2016 Live Update

Post by fehro »

SPX open gap from Jan 7 1985-1988, VIX new LOD again.. yet NDX still red, VXX flat
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uempel
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Re:

Post by uempel »

MrMiyagi wrote:Ah come on Mr Market, just drop a good chunk so that we can stop guessing....
Miyagi, a present for you ;) Might be too early to open now. Next Tuesday?
kj.png
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Out of Bounds
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Re: 03/02/2016 Live Update

Post by Out of Bounds »

What if it is really this?
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josephli
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Re: 03/02/2016 Live Update

Post by josephli »

Out of Bounds wrote:Now the Russell, which has been strong all day, has run out of steam. Very confusing day.
JNK down today. probably that is why.
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brokebybernacke2
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Re: 03/02/2016 Live Update

Post by brokebybernacke2 »

i guess there's some room ...bears can only wait, bulls in no hurry to leave!
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JFR
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Re: 03/02/2016 Live Update

Post by JFR »

Building a base. First breakout attempt.
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MrMiyagi
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Post by MrMiyagi »

uempel wrote:Miyagi, a present for you ;) Might be too early to open now. Next Tuesday?
Sounds like it's headed that way Uempel...
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MrMiyagi
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Post by MrMiyagi »

!!! POWER HOUR !!!
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Out of Bounds
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Re: 03/02/2016 Live Update

Post by Out of Bounds »

Breakout failed either way you look at it.
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JFR
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Re: 03/02/2016 Live Update

Post by JFR »

Fail. Not a surprise.
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Out of Bounds
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Re: 03/02/2016 Live Update

Post by Out of Bounds »

Capture.PNG
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fehro
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Re: 03/02/2016 Live Update

Post by fehro »

SPX tight range… break orange.. then may have sharp move.. seems doubtful so late in the day. .. probably gap it tomorrow :roll:
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Trades with cats
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Re: 03/02/2016 Live Update

Post by Trades with cats »

I just read that NY Times article. It was pretty straightforward really. We are the silver ball of little fish being herded by killer whales and dolphins. Occasionally sea bids dive in as well. What it didn't say was what will happen to all those HFT killer whales when they have eaten all of us.
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Trades with cats
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Re: 03/02/2016 Live Update

Post by Trades with cats »

Only thing that makes sense of this market for me is using Goldman and BofA ML stories of record high buyback activity going into the end of the quarter while all major investor classes continue to lighten up their equity exposure. Given that we are moving into the eighth consecutive quarter of falling GAAP earnings (as opposed to the "we just make stuff up" Valient Phara kind) Central Bankers better do something fast to make the Hedge funds come back before Tim Cook goes through his 16 Billion of buyback cash. :evil:
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Out of Bounds
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Re: 03/02/2016 Live Update

Post by Out of Bounds »

It won't fail this time
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Tutti
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Re: 03/02/2016 Live Update

Post by Tutti »

Trades with cats wrote:I just read that NY Times article. It was pretty straightforward really. We are the silver ball of little fish being herded by killer whales and dolphins. Occasionally sea bids dive in as well. What it didn't say was what will happen to all those HFT killer whales when they have eaten all of us.
They land up eating themselves. see Knight Capital (RIP).
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QED
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Re: 03/02/2016 Live Update

Post by QED »

Chesapeake Founder Aubrey McClendon Dies In Car Crash One Day After Federal Indictment

"Just one day after the DOJ unveiled its had indicted Chesapeake Founder and former CEO Aubrey McClendon on federal charges of conspiring to rig bids for oil and natural gas leases, moments ago the Oklahoma Police announced that he was found dead in a car accident, when while traveling in a 2013 Chevy Tahoe at a high rate of speed he crashed while driving on a two-lane highway and was engulfed in flames."
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