Kind of early for me to post this here right now but for those playing earnings and want to get an early read for Monday mornings ER: ($TMUS $KMB $PETS $BOH $VFC $CYOU $SOHU $EXP $OPB $QSR $BCC $WAL $BMRC $PHG $BEAV $ACCO)
Coming from you Max that is pretty awesome to hear ... much appreciated man and right back atcha with all of the amazing hard work & efforts that you bring here on a daily basis as far as commentary as well as nightly videos and weekly newsletters buddy! Keep up the great work!
as ben lichtensten would squawk from the trading pits in chicago "dolla holla"! the dollar is at its highest print here since early february!
vix still coming off here ... i'm curious to see how these next couple of weeks leading up to the presidential election plays out ... slightly surprised to see markets still chopping it up here with election day less than 3 weeks away ... we'll see if that changes in the weeks to come ... i believe @Baggi said he was looking for "flat" up to election day so that looks to be playing out precisely for now.
The SPX is at 2137 at 9:54 a.m. PST, F. It's been basically range bound between 2130 and 2145 all week. Didn't plunge non above 2120 for me to be interested in re entering long. I'd have to monitor where to enter if it were to collapse non above 2120--whether it would re test the 2110 level, the 2100 level or somewhere between 2080 and 2100. 1. The ideal level for a solid long would be around 2050--if it were to ever do something like that 2. The hourly chart shows a non up trend--but the problem is the daily chart shows things are range bound--so we are not seeing much volatility. The gap ups and gap downs are more ADD behavior than anything else. 3. 1:18 p.m.. The SPX closed at 2141. Interestingly, the weekly bar formed an inside bar
One of Shadowtrader's theses coming into this month was that something was bound to happen, in the context of the previous 3 months being so tight. Well October has one week left and has been just as tight. We'll see if we stay in range next week...with AAPL, GOOGL, and AMZN reporting it would be funny...but not out of the question for this market.
Hmm...I knew I wasn't the only one this morning Major websites across East Coast knocked out in apparent DDoS attack http://www.cnbc.com/2016/10/21/majo...oast-knocked-out-in-apparent-ddos-attack.html CNBC.com, Twitter, and now some of Reddit is completely out once again this afternoon.
Ding ding ding! There's the close. 5 down and none to go. Thanks to all of you who participated in this week's discussions here! Hope you all have a fantastic weekend!
Have a great one Cy! Guess we were flat after all! Decent signal for next week! Cheers everyone and have a GREAT weekend!!
Thanks Cy for all the earnings info this week. It's been a great help. I never know what's going to happen in the markets. But, with all this flat, we are building up to something. I won't be surprised if next week is up big or down big. If it's up, I'll be happy. Because I think it'll be up in anticipation of a large down move after the election, which is the way my money will be pointed come Nov 8th. If it's a big down move next week, or the week after, then I'll just cry a little over the possibilities lost.
