Name: UrmaBlume

Web Site: http://www.TradePointTechnologies.com

Bio: CEO TradePoint Technologies - Our Mission is to develop and implement trade desision support technologies that operate in time frames that range from days to milliseconds and support both human traders and fully automated systems with special focus on hands-off, high frequency trading protocols.


Posts by UrmaBlume:

    10/19 Day Summary

    Written by UrmaBlume
    October 19th, 2009 at 8:10 pm

    Day Summary
    While the market did indeed make new highs today, at 1035 PST  
    Intense, Coordinated Commercial Selling  in ES, YM & NQ
     formed a top that held thoughout the session.
    The second chart down shows the continuing divergence between price
    and net money flow in ES.
    Trade was on less than average volume and a very slight net buy bias by commercials.

    101909rpt3

     

    101909rpt4

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    Halftime update

    Written by UrmaBlume
    October 19th, 2009 at 1:27 pm

    At halftime with price on session highs the market has found some selling.
    The shot of HUD shows that selling
    Below the HUD a graph of money flow and price so far this session shows
    the strength of the move thus far

    101909hud2

    101909rpt2

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    Daily 10/19

    Written by UrmaBlume
    October 19th, 2009 at 9:26 am

    Today’s Market Report – ES – 10/19/2009
    Archive of Daily Market Reorts
    Most recent update is on top.
    Please Scroll Down to See Today’s Entire Report
    **
    Follow Updates to this Report on Twitter
    and on StockTwits.com
    ***
    Today’s Numbers
    No Numbers Today
    Tomorrow
    Building Permits, PPI, Core PPI, Housing Starts
    *****
    At 30 minutes before the open the first pic below shows the HUD which
    reflects overnight volume at 82% of normal with a slight sell bias.
    The second pic shows overnight price action with support at 1,077
    and resistance at 1,089

    101909hud1

    101909rpt1

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    Day Summary – Bon Weekend Everybody

    Written by UrmaBlume
    October 16th, 2009 at 8:23 pm

    Day Summary
    Today’s price action never recovered from the strong overnight selling.
    Trade was on slightly less than average volume with a notable sell bias.
    Net New Trade by Commercials was -44,975 contracts.
    The caveat to the recent positive price action is the continuing negative divergence
    between price and net money flow as shown in the chart below.
    Bon Weekend

    101609rpt3

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    TGIF

    Written by UrmaBlume
    October 16th, 2009 at 2:55 pm

    At 2 hours before the close on an Options Expiration Friday
    price remains in a narrow range with trading on slightly above
    average volume and a Sell Bias. Possible action in the last hour today

    101609rpt2

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    Daily 10/16

    Written by UrmaBlume
    October 16th, 2009 at 8:13 am

    Today’s Market Report – ES – 10/16/2009
    Archive of Daily Market Reorts
    Most recent update is on top.
    Please Scroll Down to See Today’s Entire Report
    **
    Follow Updates to this Report on Twitter
    and on StockTwits.com
    ***
    Today’s Numbers
    0900 EST Net Long-Term TIC Flows
    0915 Capacity Utilization, Industrial Production
    0955 Mich Sentiment-Preliminary
    TGIF
    ************
    At just before 0100 PST at 1,095 there was strong commercial selling
    At an hour and a half before the open price is making new lows on
    162% of normal volume with a very strong sell bias and
    Net New Commercial Trade so far this session of -12,425 contracts

    101609rpt1

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    Day Summary

    Written by UrmaBlume
    October 15th, 2009 at 7:02 pm

    Day Summary
    Another day, Another New High
    Trade was on just under average volume with a medium buy bias.
    Net New Trade by Commercials was significant at +69, 198 contracts.

    101509rpt2

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    3 Hours in

    Written by UrmaBlume
    October 15th, 2009 at 12:23 pm

    At 3 hours into the day session trade remains
    confined to a very narrow range on slightly less than average volume
    a slight buy bias and net commercial trade of only +2,700 Contracts

    101509rpt1

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    OverNite Commercial Commitment

    Written by UrmaBlume
    October 15th, 2009 at 9:10 am

    Here is a shot of overnight commercial commitment taken at 30 minutes before the open. Data is normalized for time of day – right axis is percent of normal.

    overnitetc

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    Daily 10/15

    Written by UrmaBlume
    October 15th, 2009 at 8:05 am

    Today’s Market Report – ES – 10/15/2009
    Archive of Daily Market Reorts
    Most recent update is on top.
    Please Scroll Down to See Today’s Entire Report
    **
    Follow Updates to this Report on Twitter
    and on StockTwits.com
    ***
    Today’s Numbers
    0830 EST Initial and Continuing Jobless Claims, Core CPI, CPI, Empire Manufacturing
    1000 Philadelphia Fed
    1300 Crude Inventories
    ************
    At just past 0400 PST as the price bested yesterday’s high by 1 tick
    the seller appeared. This shot of the HUD shows his strength.
    At 2 hours before the open trade is at 144% of average volume with a strong sell bias and
    net new commercial trade of -16.733 contracts

    101509hud1

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