|
Post by huh on Nov 10, 2016 7:57:10 GMT -5
|
|
|
Post by huh on Nov 10, 2016 7:57:39 GMT -5
Frontrunning: November 10 Trump Victory Starts New Era for GOP (WSJ) President-Elect Trump Goes to Washington to Begin Transition (BBG) Trump Team Plans First Months (WSJ) The Promises of President-elect Donald Trump, in His Own Words (BBG) Donald Trump Transition Team Planning First Months in Office (WSJ) Europe’s Populists Hail Trump’s Win (WSJ) Merkel's conservatives warn of Trump effect in Germany (Reuters) Democrats Seek a Fresh, More Inclusive Approach (WSJ) Obama’s Environmental Legacy Is Up in Smoke (BBG) China state media warns Trump against isolationism, calls for status quo (Reuters) Stocks and Metals Surge Again After Trump’s Victory (BBG) Bank Stocks in Europe Soar (WSJ) Trump promised to repeal Obamacare. Now what? (Reuters) Trump eyeing GOP lawmakers for Cabinet posts (Hill) Trump Victory Wipes $337 Billion Off Market as Global Bonds Drop (BBG) Russia Says It Was in Contact With Trump’s Team During Campaign (Bloomberg) 'Crashing waves' of jihadists fray soldiers' nerves in Mosul battle (Reuters) Katy Perry Ditches Alibaba’s Concert After Anti-Trump Tweets (BBG) For Canadian Trade Insiders, Trump Is All Talk on Killing Nafta (BBG) Two police shot in Pennsylvania, manhunt launched: media (Reuters) ConocoPhillips cuts budget 4 percent, to buy back $3 billion in shares (Reuters) Egypt Secures $2 Billion as IMF Approval Nears (BBG) www.zerohedge.com/news/2016-11-10/frontrunning-november-10
|
|
|
Post by huh on Nov 10, 2016 8:01:57 GMT -5
Weeee. Nikkei futures up ~8% overnight Nikkei - H&S getting squeezed on weekly ... Overnight... ...this morning...
|
|
|
Post by clinton on Nov 10, 2016 8:08:51 GMT -5
FTSE rolling over and went red
|
|
|
Post by huh on Nov 10, 2016 8:13:46 GMT -5
NDX fighting to avoid a double top here against Sep lows. If it could manage to avoid that, it might then morph into a H&S instead - and we know what happens with those RS' (squeeze to new highs)... Any positive open more than 1.25 in the Naz puts it above its shoulder test line, and that creates the H&S-RS-Squeeze pattern
|
|
|
Post by huh on Nov 10, 2016 8:19:44 GMT -5
FTSE rolling over and went red And checkout the significance of this morning high. Squeezed a H&S after confirming. Definitely can't be long that one, not unless over that shoulder test line (but even if it did, that likely wouldn't last long at all).
|
|
|
Post by huh on Nov 10, 2016 8:25:05 GMT -5
I think being long our markets is an easy hold for now so long as VIX futures stay <14.80. It gets above that and things get dicey, again
|
|
|
Post by huh on Nov 10, 2016 8:26:12 GMT -5
gold still pretty bullish, dip getting bought up despite strong dollar Oscar: gold doesnt behave like this for no reason. I don't see it. I do see a big ole H&S in gold on its daily chart, and last night's pop filled a gap near the head test. Downside target 1130's - though it should bounce good from ~1200 Another H&S in gold futures, 60min chart, downside target ~1201, confirms under 1270
|
|
|
Post by huh on Nov 10, 2016 8:42:52 GMT -5
FTSE futures should find some support in the 6870's here, but again, not enough upside for the risk/time IMO
|
|
|
Post by clinton on Nov 10, 2016 9:03:06 GMT -5
always beating gold down every morning never ending.
|
|
|
Post by huh on Nov 10, 2016 9:05:15 GMT -5
Strange pattern in oil futures. Not sure what to make of it except that don't want to be long unless >45
|
|
|
Post by clinton on Nov 10, 2016 9:38:42 GMT -5
so trump supporters that were saying market in a bubble now think its not a bubble? lol :shrug:
|
|
|
Post by huh on Nov 10, 2016 9:42:31 GMT -5
so trump supporters that were saying market in a bubble now think its not a bubble? lol :shrug: It is funny to see people do a hypocritical about face on their stances due to a bias. For some reason I'm able to look at things without bias (and my wife hates that about me, and sometimes I do too)
|
|
|
Post by huh on Nov 10, 2016 9:47:52 GMT -5
32 (80%) of the 40 largest companies in the technology sector are still red. This is a final blow-off top before a bear market begins IMO. MM's unloading the sky-high PE names while banks rally, then when they're done, they'll start unloading the banks. Although Naz leading the charge today, still a lot of red in the mega cap techs. And check this out re: yesterday: Nov. 9 at 10:34 PM JLyonsFundMgmt FWIW, today saw the worst NYSE breadth for a +1% S&P 500 day since Oct. 2008. $SPY $SPX
|
|
|
Post by clinton on Nov 10, 2016 9:49:29 GMT -5
what time EU close now with daylight savings? 12:30 right?
|
|
|
Post by huh on Nov 10, 2016 9:52:27 GMT -5
what time EU close now with daylight savings? 12:30 right? Still 11:30 ET (London also observes daylight savings time)
|
|
|
Post by clinton on Nov 10, 2016 9:56:47 GMT -5
so trump wins election and JCP and M are suddenly worth a lot more? how does that work?
|
|
|
Post by huh on Nov 10, 2016 9:58:43 GMT -5
I think being long our markets is an easy hold for now so long as VIX futures stay <14.80. It gets above that and things get dicey, again VX_F testing that 14.80 resistance/backtest now
|
|
|
Post by Herceg on Nov 10, 2016 10:03:29 GMT -5
so trump wins election and JCP and M are suddenly worth a lot more? how does that work? MM's just taking bulls money before the smack down...........
|
|
|
Post by huh on Nov 10, 2016 10:05:15 GMT -5
I think being long our markets is an easy hold for now so long as VIX futures stay <14.80. It gets above that and things get dicey, again VX_F testing that 14.80 resistance/backtest now VX_F breaking higher. D$&^$! Why can't we just get one clean move and get this top over with already?
|
|