Posted by racerick on 14th of Oct 2014 at 05:02 pm
One of our watchlist oil related stocks had decent day - TDW but
can't tell if it's trying to base here or making a bear flag.
However, not touching anything oil related until crude firms
up.
Got to love Gartman on cnbc. Just 5 weeks ago when Brent Crude
was at 101 he proclaimed it would never break $100. Peeked below
$85 today - nice 15+% drop in 5 weeks. Not sure when I've ever seen
him right on anything though, so not surprised.
M had a good day, kind of my bellweather retail indicator, but
it's the time of year for retailers, so may offer a relatively safe
haven and be worth watching.
TBT made new YTD low today. Not sure when we'll be able to buy
it. Not a government in the world going to raise rates or cut off
the spigot anytime soon. 10 year treasury futures haven't broken
the 4 hour 9ema in 2 weeks. Marching relentlessly higher as TLT has
been.
Posted by racerick on 14th of Oct 2014 at 05:43 am
UK numbers came in weak - oil has dropped nearly a dollar, gold
has pulled back some, interest rate futures been dropping, as well
as stock futures and DX climbing again
Posted by racerick on 19th of Sep 2014 at 12:02 am
Drops about $9 at 8.30ish est and then at 9:45 starts bouncing
back up $10. Movement seems related to Scottish vote results coming
in.
Update, hour and 10min later almost back to lows - just bounced
off my lower, very shallow, trend line. Had to switch to a 1 min
candle, which I haven't used in a long time. LOL, Can't stand the
heat of 4-5 point moves on a 10-15 min candle.
The community is delayed by three days for non registered users.
Oil
Posted by racerick on 16th of Oct 2014 at 01:05 pm
Took out yesterdays high and exploded for 2 points higher in less than 30 min
NFLX
Posted by racerick on 15th of Oct 2014 at 04:13 pm
About to lure me in. Most bounce during conference call.
NFLX
Posted by racerick on 15th of Oct 2014 at 04:05 pm
Wow, someone doesn't like earnings, beat by a few cents Rev's were as anticipated and stock down 70 points
One crazy day so far
Posted by racerick on 15th of Oct 2014 at 10:55 am
And we have Fed Beige Book this afternoon which is always nuts. Going to take a break for a few hours.
Check out this 10 minute bond futures chart
Posted by racerick on 15th of Oct 2014 at 10:40 am
First 2 big candles - for those of you who don't trade this, this is approximately $1000 each way on 1 contract
Nat gas breaking support
Posted by racerick on 15th of Oct 2014 at 09:27 am
Gap down getting larger as we head into opening
Posted by racerick on 15th of Oct 2014 at 09:24 am
Going to be a wild day I expect
TLT and bond futures
Posted by racerick on 15th of Oct 2014 at 09:22 am
TLT just hit 124.80, right at R level. Biggest daily candle I've ever seen on bond futures.
TLT
Posted by racerick on 15th of Oct 2014 at 08:56 am
Just hit 124 - has some pretty strong resistance just above in high 124's on weekly.
TBT trading 49ish
Huge spike in bond futures and gold
Posted by racerick on 15th of Oct 2014 at 08:39 am
On release of PPI and retail sales numbers. Matt better dig out your cartoon of Yellen's grand daughter throwing money out the window
TLT at 123
Oil hit $80
Oil and other Ramblings
Posted by racerick on 14th of Oct 2014 at 05:02 pm
One of our watchlist oil related stocks had decent day - TDW but can't tell if it's trying to base here or making a bear flag. However, not touching anything oil related until crude firms up.
Got to love Gartman on cnbc. Just 5 weeks ago when Brent Crude was at 101 he proclaimed it would never break $100. Peeked below $85 today - nice 15+% drop in 5 weeks. Not sure when I've ever seen him right on anything though, so not surprised.
M had a good day, kind of my bellweather retail indicator, but it's the time of year for retailers, so may offer a relatively safe haven and be worth watching.
TBT made new YTD low today. Not sure when we'll be able to buy it. Not a government in the world going to raise rates or cut off the spigot anytime soon. 10 year treasury futures haven't broken the 4 hour 9ema in 2 weeks. Marching relentlessly higher as TLT has been.
Markets down since Europe opened
Posted by racerick on 14th of Oct 2014 at 05:43 am
UK numbers came in weak - oil has dropped nearly a dollar, gold has pulled back some, interest rate futures been dropping, as well as stock futures and DX climbing again
Oil
Posted by racerick on 9th of Oct 2014 at 02:09 pm
Oil just keeps making new lows. They'll be paying us to use it soon, lol
Trying scalp long off re-test of todays low, have some positive divergence
SPX
Posted by racerick on 9th of Oct 2014 at 01:30 pm
Have an inverse H&S setting up on the spx at 1940 on my 1min chart - measures about 10 points
Intraday charts
Posted by racerick on 8th of Oct 2014 at 04:02 am
Matt and Steve,
Appreciate the extensive intraday charts on spx today. Though I'm watching most of them, it's nice to have some additional perspective.
SPX
Posted by racerick on 2nd of Oct 2014 at 02:51 pm
Right at Inverse H&S line on 3min spx chart - measures about 30 points higher if it triggers
Gold pretty volatile tonite
Posted by racerick on 19th of Sep 2014 at 12:02 am
Drops about $9 at 8.30ish est and then at 9:45 starts bouncing back up $10. Movement seems related to Scottish vote results coming in.
Update, hour and 10min later almost back to lows - just bounced off my lower, very shallow, trend line. Had to switch to a 1 min candle, which I haven't used in a long time. LOL, Can't stand the heat of 4-5 point moves on a 10-15 min candle.
GS making new high today and JPM trying
Posted by racerick on 18th of Sep 2014 at 01:12 pm
Gold might have made a little short term double bottom this am
Dollar giving back all of yesterday's gains
Posted by racerick on 18th of Sep 2014 at 11:03 am
Around 1216
Dollar giving back all of yesterday's gains
Posted by racerick on 18th of Sep 2014 at 10:55 am