First Thing In The Morning Wed Sep 29, 2010 11:48pm 31 What is the first metric or indicator or stock or whatever that you check every morning? For me, I immediately glance at /ES, then intraday tick. Then on to my regular routine. You guys? Tweet 31 Responses to “First Thing In The Morning” lindsay September 29, 2010 at 11:54 pm about 1-2 hours before mkt opens-finviz futures screen, then how asia and europe did overnight, then stocktwits futures thread chessnwine September 29, 2010 at 11:57 pm Scotty Esquire Bleier’s radio show, simulcast on iBankCoin.com. illmighty September 30, 2010 at 12:02 am Bloomberg website for asia, europe, futures, headlines. Then, off to PPTland. robert September 30, 2010 at 12:26 am overnight look at /es, shanghai, oil, us 10yr and dollar/euro. after, i look at pre-market vxx, tza and tna. tick would probably keep me from looking at vxx, tza and tna. i think i will add tick to see how it works in comparison. my problem is i am constantly looking for easily accessible metrics in case i am traveling and only have access to a random internet cafe connection. i have not tried to dig up free tick info. i don’t think i have commented before, but your work here is very good. the whole group here is exceptional, but i have learned more about trading from your and woodshedder’s posts than anywhere else. thanks! SPYder_Crusher September 30, 2010 at 1:25 am thanks a lot Robert MOOBER September 30, 2010 at 12:34 am /ES /NQ /TF /YM But /ES is the first look skogie1 September 30, 2010 at 12:39 am Futures and the number of stocks that traded the day before above the 5,10, 20 and 50 dma’s. I track the number of stocks above the dma’s in an excel sheet. Works as a rough measure of breadth for me and allows me to see turns as they develop. SPYder_Crusher September 30, 2010 at 2:57 am I do that too skogie1 September 30, 2010 at 7:58 am I’m not that good at figuring out yet if a turn in the ma’s is setting up as a big sell-off or a minor pullback however (which is why I’m here on this site and why I’m sucking the business end of a TZA stick!). Question: where do you get your information? I use indexindicators.com but their site is a little wobbly at times. For example, as I write this, they haven’t updated their site yet with Wednesday’s info. Thanks. Love the teaching style you’ve adopted here. Dr Fly September 30, 2010 at 1:16 am As soon as the mkt opens, I scour my monitors with a fine tooth comb. I have my stocks broken down by sectors, likely 2,000 names. I gauge breadth by viewing each sector individually. 420 September 30, 2010 at 1:40 am I always look for my bag of weed first. chuck bennett September 30, 2010 at 1:50 am dam 420 I would to be that guy.. however I dont smoke unless drunk and pressured. I get up at 8:45 and lay in bed to 9:05. Look at the futures and look at europe. If I dont like what I see, I go back to bed till 10:30am . some times 11am, I have dreams about what the market will do or where it is at present. I get up, and 8 times out of 10 my dreams were correct. Thats real shit. I used to take naps at the firm I worked at. Mind you I was 25 years old taking naps but I banked coin. the old fuckers I would see taking naps were just tired, I was and do predict the future. Just like NUHC. all you fuckers watched that one. I will get another, and rub it in your face before hand like a hot tamoli. danny, you reading a book on how to get more people to read your shit? Its working, I never used to look at you. keep it up kid. regards chuck SPYder_Crusher September 30, 2010 at 2:50 am hah. books. I like my books like I like my toast. burnt. But seriously, there’s shit at stake, time to blog like the wind Bubbles September 30, 2010 at 2:12 pm “How to get more people to read your shit for Dummies” Phil September 30, 2010 at 1:56 am One thing that hasn’t been mentioned: Intraday up-/down volume. I also like the overview at Barchart: http://www.barchart.com/stocks/momentum.php SPYder_Crusher September 30, 2010 at 2:48 am that is definitely a good resource twitch September 30, 2010 at 2:07 am In order: /ES /ZN /DX /TF /DX and /HG 7fizzle September 30, 2010 at 2:46 am ???????????????????? SPYder_Crusher September 30, 2010 at 2:51 am These answers are great people 7fizzle September 30, 2010 at 3:33 am never mind… it wouldn’t let me post all those symbols for some reason… made me spell ‘em out. SPYder_Crusher September 30, 2010 at 2:54 am The next thing I do after a check of the futures is open up my trading platform to see what’s making my screens, then research any potential picks for news events, then look for a time to enter on the daily time frame. I also use the relative number of picks in my screens as clue to market activity and direction. The reason I look at the tick is to see if there are +1000 values in either direction, bc that can indicate a trend day if there are a couple in a certain direction. 7fizzle September 30, 2010 at 3:07 am ES JPY E7 DX ZT ZN ZB TLT JNK LQD AUD/USD AUD/JPY HG GC RUT IYT VIX QQQQ SPYder_Crusher September 30, 2010 at 4:50 am I think typiing it out like this just looks “spammy” if you saw some of the actual spam comments we get, youd see why, its like viagra 9.99 45 CA Half off 50% or iow random characters 7fizzle September 30, 2010 at 1:24 pm that’s what i figured. it didn’t show up when i tried to post it this morning but i see now it’s posted. maybe you can delete it so i’m not clogging up your thread with repeat posts. good discussion. StocksRider September 30, 2010 at 3:26 am I live on West coast. Unless a major macro data report is being announced, I spend first hour sleeping. Sorry for the blasphemy. Turns out it is incredibly beneficial and has avoided quite a few emotional trades. After waking up, I look at things in this order with one eye – SPX, volume charts, tickscore, adv/dec, tweets from prominent traders, PPT score, my customized PPT screens, individual sector representative stocks and ETFs, my own portfolio. The other eye looks for news. 7fizzle September 30, 2010 at 3:29 am e-mini, euro, yen, dollar, 2 year 10 year TLT long bond junk bonds corporate bonds aussie us dollar, aussie yen copper gold transports russel nasdaq VIX Yogi & Boo Boo September 30, 2010 at 5:16 am Futures, Asian markets, current Euro markets, CNBC Worldwide exchange (overnight news, general tone), Currencies, iBankCoin for overnight posts, today’s econ releases, Squawk Box opening hour (market moving guests), Bloomberg Surveillance, Scotty’s show. Basically I look for direction and tone, and the reaction to news, i.e. how are the markets reacting to news whether good or bad. Then I start to visualize how the day is going to go, e.g. what do I expect the markets to do today? Open strong or weak? React to news or ignore? Is it going to be an outlier day, a day to ignore? Am I positioned properly? do I need to adjust, etc. What will be key for today? How does it fit into the big picture? Gene September 30, 2010 at 6:45 am So you are saying I cant sell my Viagra here… But I want to BankCoin (( Good blog man. iBC fights the good fight. Also love the iPhone app. Brings me that much closer to you guys. CoatTailClinger September 30, 2010 at 8:54 am Your thoughts on shorting VHC? Thank you. TA September 30, 2010 at 10:52 am I don’t even look at the market during amateur hour as its often total BS. After that I go through my twitter stream which tells me what kind of day its going to be. chuck bennett September 30, 2010 at 11:45 am you see… went back to sleep at 9:15, futures up 57 point. had a dreem dow down 200 points, I get up we down 57 points. works 80% of the time, regards chuck Comments are closed.