interesting that semi's are one of the worst sectors on a big green day. Distribution or Sector Rotation? ... sounds like a poll Cy? lol
After a strong ADP this morning, I am guess anything below of 200K would be disappointing for the market
i agree ... and speaking of that number i setup a poll for anyone who is interested to take a quick stab at tomorrow's bls # Nail the #! Predict this Friday's (6.2.17) NFP's... <-- click here to vote!
couple ERs after the close today: ($AVGO $LULU $VMW $RH $WDAY $FIVE $COO $ZUMZ $BOOT $GWRE $ONCS $YEXT)
yeah i was thinking the same ... looks like if all goes as expected with this uk election next week and the fomc doesn't spook markets in 2 weeks, there really isn't a whole heck of a lot of "events" if you will for a little while ... looks like things really quiet down bigly ... and barring any crazy unforeseen black swan-ish type events could we see vix dip to the low 9s, or dare i say even the sub 9s at some point? i think i'd be seriously tempted to play some vix if it gets to the low 9s ... that would be a hard one to resist imo ... we'll have to see about that edit: oops ... i did forget about the whole comey stuff though lol ... not sure how that will impact things if anything?
Gonna be historic for me to see the VIX at 8s, I know it happened before but I wasn't really paying any attention to the stock market back then
VIX back into the 10s - wondering if I should buy some weekly calls heading into Comey's June 8th statement(s)
i'm kind of liking the long term chart of gold ... i can't post the chart right now because i'm posting from mobile atm but if you guys look on the 10yr monthly chart you can see that we are just now starting to peak above a long term resistance TL (i believe that's where marcy's line is coming from as well?) ... i think there is the potential for a move up to about 1400ish (not right now but over time) imo
we still have the ATH in the ETH (extended trading hours) on the /ES so until we take that out in the RTH (regular trading hours) and with some excess on the top this still looks like it wants higher ... amazing how resilient this market remains despite some dismal #'s this morning
2 good days in a row for small caps, maybe small caps are now playing catch up after underperforming for the year
Could be a good play I am waiting for some extremely low level to play the VIX again, something like low 9s or even better 8s, good luck
Bet on it, don't think we see the huge selloff correction many have anticipated. May see a small 1% drop from time to time, Buy the dips, plenty of stuff has sold off and gotten to a reasonable pps. This is a full fledged bull market and we soon will set new highs. Harry Dent eat your heart out...
