Still nothing to worry about. The Financial Commercial Paper - Commercial Paper is at .14, well below the area of concern.
M
Commercial Paper Says,
Started by
OEXCHAOS
, Mar 21 2017 06:52 PM
22 replies to this topic
#1
OEXCHAOS
-
- Admin
- 22,017 posts
Mark S. Young
Posted 21 March 2017 - 06:52 PM
Mark S Young
Wall Street Sentiment
Get a free trial here:
http://wallstreetsen...t.com/trial.htm
You can now follow me on twitter
#2
q4wer
-
- Traders-Talk User
- 2,179 posts
Member
Posted 21 March 2017 - 07:23 PM
It only becomes a concern when market crashes into a low, 200 lower.
#3
lawdog
-
- Traders-Talk User
- 1,080 posts
Member
Posted 21 March 2017 - 10:01 PM
In Irish accent: "keep moving along; your leveraged account just lost 3% today, nothing to see here."
#4
Charvo
-
- Traders-Talk User
- 380 posts
Member
Posted 21 March 2017 - 10:15 PM
I can't imagine the first dip off the top being the big one. It takes time and plenty of divergences for massive rallies to end. I think this one is not different.
#5
tommyt
-
- Traders-Talk User
- 5,136 posts
Member
Posted 21 March 2017 - 10:46 PM
" It takes time and plenty of divergences for massive rallies to end. I think this one is not different."
The end? not my job to know or care...I'm paid to read the dashboard and position accordingly. These are some pretty noteworthy divergences:
http://stockcharts.c...id=p51035869577
http://stockcharts.c...id=p83733137120
#6
OEXCHAOS
-
- Admin
- 22,017 posts
Mark S. Young
Posted 22 March 2017 - 07:42 AM
This is a leading indicator. If you're looking for big trouble in the financial sector, this data--created by people who have much more intimate knowledge of and exposure to the asset--says there is nothing that's causing THEM particular concern.
There can be OTHER issues of greater concern that can take this market down, certainly. But if you're betting on a market collapse being primarily driven by the financial sector imploding, you are essentially betting against people who know more than you do.
M
Mark S Young
Wall Street Sentiment
Get a free trial here:
http://wallstreetsen...t.com/trial.htm
You can now follow me on twitter
#7
SemiBizz
-
- Traders-Talk User
- 23,208 posts
Volume Dynamics Specialist
Posted 22 March 2017 - 07:52 AM
It's a LAGGING indicator... by the time it reacts.... Kiss your @$$ goodbye...
Price and Volume Forensics Specialist
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#8
MaryAM
-
- Traders-Talk User
- 1,200 posts
Member
Posted 22 March 2017 - 08:10 AM
Is this stuff included in the commercial paper?
https://www.newyorkf...lastTwenty.html
If it is - does not count - there is no counter party risk any more - all purchased with new money. AND from some transactions I have been involved in - the underlying paper supporting the securities may be fake.
#9
SemiBizz
-
- Traders-Talk User
- 23,208 posts
Volume Dynamics Specialist
Posted 22 March 2017 - 08:32 AM
Commercial Paper would have told you nothing about the May 6th 2010 FLASH CRASH....
Price and Volume Forensics Specialist
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#10
OEXCHAOS
-
- Admin
- 22,017 posts
Mark S. Young
Posted 22 March 2017 - 09:02 AM
It's a LAGGING indicator... by the time it reacts.... Kiss your @$$ goodbye...
When was the last time you looked at this data? Seems to me, you got a heads up months before the last Bear really got going.
Mark S Young
Wall Street Sentiment
Get a free trial here:
http://wallstreetsen...t.com/trial.htm
You can now follow me on twitter
