|
|
Post by huh on Jun 22, 2017 6:34:52 GMT -5
10 things you need to know before the opening bell Oil is on track for its worst first-half performance since 1997. Oil has tumbled by more than 20% in 2017. The kiwi spikes after New Zealand's central bank keeps policy on hold. The New Zealand dollar, often referred to as the kiwi, is higher by 0.5% at .7260 against the dollar after the Reserve Bank of New Zealand held its key rate at 1.75%. The bank said "the growth outlook remains positive, supported by accommodative monetary policy, strong population growth, and high terms of trade." Iron ore has its longest winning streak since December 2015. The commodity has gained for six straight sessions, tacking on 6.5% over that time. Ethereum flash-crashed. On Wednesday afternoon, the red-hot cryptocurrency crashed to $13 from $296 before quickly recovering its losses. Snap reportedly bought an app that lets your track your friends. In what appears to be one of its largest acquisitions ever, Snap paid as much as $350 million for Zenly, TechCrunch says. Oracle crushes earnings, shares spike by 9%. The company earned an adjusted $0.89 a share on adjusted revenue of $10.94 billion, both well ahead of estimates. Altice USA prices its IPO. The cable provider priced its initial public offering at $30 a share. It will trade under the ticker ATUS. Stock markets around the world are lower. China's Shanghai Composite (-0.28%) lagged in Asia, and France's CAC (-0.54%) trails in Europe. The S&P 500 is set to open down by 0.10% near 2,433. Earnings reports trickle out. Both Bed Bath & Beyond and Sonic will report after markets close. US economic data is light. Initial jobless claims will be released at 8:30 a.m. ET, and the FHFA House Price Index will cross the wires at 9 a.m. ET. The US 10-year yield is down by 2 basis points at 2.14%. www.businessinsider.com/opening-bell-june-22-2017-2017-6 |
|
|
|
Post by huh on Jun 22, 2017 6:35:38 GMT -5
10 things in tech you need to know today 1. Tech investor Bill Gurley is leaving the board of Uber. Gurley will be replaced with Matt Cohler, another partner at Benchmark Capital. 2. Snapchat reportedly paid over $250 million for an app that lets you track your friends. It's called Zenly. 3. Alibaba's chairman and founder, Jack Ma, thinks that new technologies could be a threat to more than just jobs. Ma said that new technologies like machine learning and artificial intelligence could lead to the third World War. 4. Google DeepMind is funding climate change research at Cambridge University. It wants to use artificial intelligence to slow down global warming. 5. Sean Parker has stepped down from Spotify's board. He joined the board in 2010 after investing $15 million in exchange for 5% of the company, according to Music Business Worldwide . 6. Tesla's head of its autopilot software left the company less than six months after he joined. His name is Chris Lattner. 7. Uber's Travis Kalanick was in Chicago to interview a COO candidate when he got the letter demanding his resignation. Uber has been searching for a COO since early March. 8. Red-hot cryptocurrency Ethereum flash-crashed to $13 before bouncing back to $296. The tumble occurred in a matter of minutes. 9. Snapchat's new maps feature shows you where your friends are. A trailer for the feature shows two women browsing a map in Snapchat and tapping on a nearby location to see friends sharing videos from an ongoing concert. 10. Imagination Technologies is up for sale less than three months after Apple said it didn't want its chips anymore. The company has a market cap of around $450 million. www.businessinsider.com/10-things-in-tech-you-need-to-know-today-june-22-2017-6 |
|
|
|
Post by huh on Jun 22, 2017 7:11:08 GMT -5
LOL RE: VXX - IMO, that pattern would become bullish if it were to now break above the upper line (~12.91) - in which case it would then target to ~13.39  I think the "noise" range for VXX this morning is 12.68-12.91 (top green line is falling, so ~12.90 if it waits to around noon to test it). A breakout either way then shows next ST direction.  |
|
|
|
Post by huh on Jun 22, 2017 7:33:10 GMT -5
Spot VIX could have a real problem here if its H&S pattern were to play out. Bulls could have a real problem if the pattern were to begin to fail with a rise >11.50. Patterns like symmetry, and those 2 breaks below the pattern have now been offset by 2 breaks above. Now time to see a break out of this 2 month consolidating pattern, one way or the other.  |
|
|
|
Post by walnut on Jun 22, 2017 7:56:12 GMT -5
Sold a little vxx..
|
|
|
|
Post by walnut on Jun 22, 2017 8:17:35 GMT -5
At least oil is a little green this morning so far.
|
|
BigM
Full Member
Posts: 142
|
Post by BigM on Jun 22, 2017 8:37:43 GMT -5
 Volume in the 242 SPY put is the biggest so far today. Could be bearish for today. |
|
|
|
Post by walnut on Jun 22, 2017 8:42:26 GMT -5
And vxx still following that rising trend line.
SP should be on solid ground though finally.
|
|
|
|
Post by walnut on Jun 22, 2017 9:20:42 GMT -5
It has been difficult to squeeze even a nickle out of a short vxx trade since Tuesday.
|
|
|
|
Post by theMist on Jun 22, 2017 9:38:27 GMT -5
Just got back
I see I didn't miss anything
shorted some VXX 12.82, 12.79
|
|
|
|
Post by clinton on Jun 22, 2017 9:39:11 GMT -5
look at KR 10 min OBV vs SPY 10min OBV  |
|
|
|
Post by Herceg on Jun 22, 2017 9:45:35 GMT -5
Good day today........covered ORCL way too early due to Cramer touting the S**t out of it this morning, my mistake as usual......LZB happy with and RHT don't have the time or patience to baby sit it today............BOL to all.
RHT - 10:39:29
Bought to Cover 50s @ $98.862 - Total: $4,947.55
LZB - 10:08:42
Bought to Cover 150s @ $31.475 - Total: $4,725.70
LZB - 09:44:56
Sold Short 150s @ $32.41 - Total: $4,856.94
ORCL - 09:35:52
Bought to Cover 150s @ $51.10 - Total: $7,669.45
RHT - 09:35:38
Sold Short 50s @ $99.96 - Total: $4,993.45
ORCL - 08:24:21
Sold Short 50s @ $51.80 - Total: $2,589.95
ORCL - 08:23:14
Sold Short 100s @ $51.80 - Total: $5,175.43
~$273......
|
|
|
|
Post by theMist on Jun 22, 2017 10:02:09 GMT -5
For Walnut - Check your settings Chris VXX Daily chart Shows red hollow candle yesterday -- today's price action should at least cover the body of that candle So yesterday VXX opened at 12.69 and minimum move down in VXX today should be 12.69 Tricks of theMist  BTW - those BBs are tight and means most likely a nice move is coming -- usually to downside Lower BB currently at 12.59  |
|
|
|
Post by theMist on Jun 22, 2017 10:08:42 GMT -5
Covered 39k short VXX @ 12.69
With larger position sizes I want to get into the habit of scalping
and taking profits more -- I didn't yesterday and it cost me a little
when I had to close out in AH at slightly higher price (and after being up nicely on the day)
I want to get into the habit of scalping and should be pretty
easy for me to scalp VXX for 10 cent moves -- that's 4-5k a day
and should add up after awhile
|
|
|
|
Post by theMist on Jun 22, 2017 10:12:41 GMT -5
Chris Check your settings  |
|
|
|
Post by walnut on Jun 22, 2017 10:21:42 GMT -5
I found it, was on one saved chart
|
|
|
|
Post by theMist on Jun 22, 2017 12:56:17 GMT -5
One of those days back and forth and in/out
Tomorrow will be the same
VXX slow drift down
Wonder if it will close gap to VXX 12.58 today
|
|
|
|
Post by theMist on Jun 22, 2017 13:25:04 GMT -5
LMAO - Where's iPath? He put floor in for VXX with his options trade VXX stopped short once again of 12.50 range lol |
|
|
|
Post by walnut on Jun 22, 2017 13:38:35 GMT -5
May be buying vxx soon here
|
|
|
|
Post by ipath on Jun 22, 2017 13:43:42 GMT -5
you mean going long on VXX walnut? Why do you feel that way
|
|
