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Post by huh on Jan 25, 2017 7:53:49 GMT -5
10 things you need to know before the opening bell Stocks are at all-time highs. Both the S&P 500 and the Nasdaq closed at record highs on Tuesday, but the Dow Jones Industrial Average remained unable to reach the elusive 20,000 level. The Dow is set to open Wednesday's session up 0.3% near 19,980. Mexico gives Trump an ultimatum. When speaking with the Televisa network about NAFTA, Mexico's economy minister, Ildefonso Guajardo, said, "If we're going for something that is less than what we have now, it doesn't make sense to stay in." The Mexican peso is stronger by 0.2% at 21.4895 per dollar. Japan's 30-year yield hit an 11-month high. The yield touched 83 basis points, its highest since early March 2016, as investors continue to shed safe-haven bets in favor of riskier assets. German business confidence fell. The Ifo Business Climate Survey fell to 109.8 points in January from 111.0 points in December. "Companies expressed greater satisfaction with their current business situation, but are less optimistic about their six-month business outlook," wrote Professor Dr. Clemens Fuest, the president of the Ifo Institute. The euro is higher by 0.2% at 1.0749 against the dollar. Australia's inflation misses. Consumer prices in Australia rose 0.5% in the fourth quarter, missing the 0.7% gain that economists had forecast. Tobacco (+7.4%) saw the biggest increase during the quarter, while accessories (-5.1%) posted the biggest drop, data from the ABS showed. The Australian dollar is down 0.4% at .7555 versus the dollar. The first IPO of 2017 is canceled. Cisco Systems bought AppDynamics for $3.7 billion on the eve of its initial public offering. Starbucks has asked Microsoft's CEO to join its board. Satya Nadella has been nominated for his "extensive experience and an understanding of how technology will be used and experienced around the world." Gary Cohn will receive a huge payout. The former chief operating officer of Goldman Sachs will receive about $65 million in cash and a total package worth at least $100 million as he moves to the Trump administration, the Financial Times reports. Earnings reporting is heavy. Boeing and Freeport-McMoRan will report ahead of the opening bell while AT&T, eBay, Las Vegas Sands, and Qualcomm are among the names releasing their quarterly results after markets close. US economic data is light. The FHFA House Price Index will be released at 9 a.m. ET. The US 10-year yield is up 2 basis points at 2.48%. www.businessinsider.com/opening-bell-january-25-2017-2017-1 |
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Post by huh on Jan 25, 2017 7:54:29 GMT -5
10 things in tech you need to know today 1. Uber's CTO sent an explosive anti-Trump email to employees. Thuan Pham wrote that "I do not accept him as my leader." 2. The first tech IPO of 2017 has been cancelled. Instead, Cisco is buying AppDynamics for $3.7 billion (£3 billion). 3. Mark Zuckerberg says he has no plans to run for president. In recent weeks, there has been intense speculation about the Facebook CEO's potential political ambitions. 4.3D TV is dead. LG and Sony, the last major 3D TV makers, will no longer be building televisions with the functionality. 5. Apple has revealed a big way Siri is going to take on Amazon Alexa. Siri is being opened up to third-party developers on the Apple Watch. 6. Amazon is the first streaming service in history to get an Oscar nomination. Its film "Manchester by the Sea" has been nominated for best picture. 7. A new Pokémon game has launched on iPhone and Android. "Pokémon Duel" is a complex player-versus-player strategic battling game. 8. A new leak has revealed pretty much everything about Samsung's next big smartphone, the Galaxy S8. It will reportedly have an almost edge-to-edge screen and an iris scanner. 9. Mark Zuckerberg is "reconsidering" suing Hawaiians to get their land. Hundreds of Hawaiians have ancestral ownership rights to parts of a 700-acre estate the Facebook CEO owns. 10.Uber's self-driving cars are coming back to San Francisco, but they won't be driving themselves. The Ford Fusion vehicles that had been used in the trial will be used for mapping purposes only, the company says. www.businessinsider.com/10-things-in-tech-you-need-to-know-january-25-2017-1 |
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Post by huh on Jan 25, 2017 7:55:08 GMT -5
Frontrunning: January 25 Reignited 'Trump trades' help world stocks hit 19-month high (Reuters) Trump moving forward with border wall, weighs refugee cuts (AP) Trump's 'America First' lets China play world leader (Reuters) High Tariffs on China, Mexico Wouldn’t Guarantee U.S. Jobs (WSJ) Trump warns he's ready to 'send in the Feds' to Chicago (AP) How Russia sold its oil jewel: without saying who bought it (Reuters) UK PM May says she will publish 'White Paper' setting out Brexit plan (Reuters) UBS Says Dollar to ‘Roll Over’ Amid Trump Spending, Tax Cuts (BBG) Wall Street Is Hiring ... in Florida (BBG) Beijing’s Anti-Pollution Effort Falls Hard on Villagers Used to Cheap Coal (WSJ) '1984' sales soar after Trump claims, 'alternative facts' (AP) Cisco snaps up AppDynamics for $3.7B right before its IPO (TechCrunch) Greece’s Tsipras Insists on ‘Not One Euro More’ of Austerity (BBG) Americans Are Flipping Houses Like It’s 2006 (BBG) Turkey's Erdogan plans to act rapidly on constitutional reform bill (Reuters) Has the World Reached Peak Productivity? (BBG) Novartis Considers Spinning Off Alcon Eye-Care Unit (WSJ) Lead levels fall below federal limits in Flint, Michigan: state (Reuters) Extremist gunmen storm hotel in Somali capital, 8 killed (AP) www.zerohedge.com/news/2017-01-25/frontrunning-january-25 |
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Post by huh on Jan 25, 2017 8:37:18 GMT -5
I think I may have gotten caught on the windward side of a typhoon  |
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Post by walnut on Jan 25, 2017 8:39:29 GMT -5
Holy crap the rocket is not out of fuel yet
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Post by theMist on Jan 25, 2017 8:40:14 GMT -5
Put your DOW 20K hats on! lol
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Post by walnut on Jan 25, 2017 8:41:19 GMT -5
Is this some sort of a Trump rally?
If so, it almost makes the previous administration appear to have been intentionally sand bagging this economy.
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Post by huh on Jan 25, 2017 8:43:54 GMT -5
Put your DOW 20K hats on! lol  |
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Post by theMist on Jan 25, 2017 8:46:02 GMT -5
I shouldn't have put out the short term bullish case yesterday morning. Look what happened. I need to keep my mouth shut. lol
Looking for possible reversal day now (I know its a stretch). After such a strong move yesterday and a large gap up today -- looking for possible reversal day.
Let's see if they HIT the SELL button with DOW 20K. lol
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Post by huh on Jan 25, 2017 8:53:44 GMT -5
...Nikkei futures left another upside gap this time ~19145-19175, about 100 hundred points lower than the last gap. Appears to be stair-stepping down through this double-top pattern. Nikkei Futures gap filled a few minutes ago |
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Post by Herceg on Jan 25, 2017 9:07:15 GMT -5
NEWR, STX, LOGI worth watching...............JMO and BOL
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Post by theMist on Jan 25, 2017 9:13:32 GMT -5
We need to come up with different stages of VIX SCAM syndrome. I have to say those guys over at YMB are pretty hilarious and the entertainment is priceless.
Stage 5 of VIX SCAM syndrome is when you triple down on your VIX SCAM long position on MARGIN and then they shave another 10% off of the SCAMS.
You get all upset and smash your computer screen, run to your broker and say PULL MY MONEY OUT NOW!! ALL OF IT!! I WANT NOTHING TO DO WITH THIS CASINO! And you pull all your money out.
You get home and your wife sees how upset you are and says "YOU LOST ALL OUR MONEY IN THE STOCK MARKET"! DIDN'T YOU?!?! AND YOU DENY IT AND SAY NO HONEY, I'M JUST HAVING A BAD DAY!
STAGE 6 Now you swear not to watch the markets EVER again and YOU HATE JIM CRAMER and FAST MONEY CREW, CNBC. lol
But your curiousity gets the best of you and you take a peak at the markets and see the VIX SCAMs starting to pop again.
Then you get all excited and RUN BACK TO YOUR BROKER and he says 'YOU AGAIN!?!' Then you deposit money back into your account and you tell your broker "BUY THE VIX SCAMS! GO ALL IN AND ON MARGIN!!!!"
STAGE 7 You start watching the markets very closely again and THIS TIME you're sure you GOT THEM!! I'm going to BEAT THEM! You watch the VIX SCAMs pop another 10 cents and your all HAPPY and absolutely convinced you GOT THIS!
Then you watch as they rollover and make NEW ALL TIME LOWS AGAIN! Then you throw your TV out the window along with computer monitors, AND YOU BEAT YOUR WIFE!!
STAGE 8 After BEATING YOUR WIFE, you run back to your broker and you START BEATING HIM UP. THEN you get arrested and end up in jail.
(to be continued)
ROFLMAO
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Post by Herceg on Jan 25, 2017 9:20:21 GMT -5
LMAO Mist !!! That does sound about right  |
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Post by huh on Jan 25, 2017 9:21:12 GMT -5
...Nikkei futures left another upside gap this time ~19145-19175, about 100 hundred points lower than the last gap. Appears to be stair-stepping down through this double-top pattern. Nikkei Futures gap filled a few minutes ago And then some. Wow. |
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Post by huh on Jan 25, 2017 9:32:12 GMT -5
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Post by novie08 on Jan 25, 2017 9:34:10 GMT -5
Huh, you made a great call when DB went down...it's almost doubled since then and I'm kicking myself for not buying on your call back in late Sept/early Oct.
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Post by huh on Jan 25, 2017 9:34:23 GMT -5
XLF filled it's last remaining upside gap, but not a short until back <23.50
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Post by theMist on Jan 25, 2017 9:34:39 GMT -5
For what its worth, S&P is hitting that long term resistance trendline off of the 2007 highs. You'll see it if you look at S&P Monthly chart. Watching to see if it breaks. It's testing now as I type.
On smaller timeframes, S&P is BLOWING through resistance like butter and not even backtesting so far. That won't be good going forward. However, still a lot of trading left today. Have to see how we close.
And VXX 4 hour chart is making candles completely outside its lower BBs. Could continue for another day or two BUT at some point, it needs to snap back. And VXX made another breakaway gap yesterday.
No trades. Still in AWE! lol
This would be a good time as any IMO to START thinking about hedging your long term portfolio.
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Post by clinton on Jan 25, 2017 9:42:53 GMT -5
nothing says booming economy like copper and steel stocks opening down 5%
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Post by novie08 on Jan 25, 2017 9:50:39 GMT -5
Did anyone go long UXVY?
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