Cobra's Market View

MrMiyagi wrote:

Nrsimha wrote: Have we 'officially' given up on those SPY 149.xx P-bars?
What's the expiration date on those dairy products?

When they are off of the 10-day screen, I can't keep track at that point.

I have swing short UPRO position which I expect to cover eventually when the 149.xx area is approached.

Looks like a P-bar for AAPL about 421

GLD with nice reversal off the lower low this morning. XLF with a big ugly black bar on the hourly.

BullBear52x wrote:

TraderGirl wrote:XIV??

got to be patience with this one, it will head back to my ocean soon. all the vixies still well above their MA.

Bottom of the ocean versus sky high. Love the concept and the chart representation. I am short XIV from 21.46 and will add on further reach for the sky. GLTA

Yesterday $VIX closed back below the upper BB. If red close for $VIX today then the $VIX sell/equity buy signal will trigger so 2.5 hours left for bears to sell hard and reverse the $VIX price to close green. I hold net long positions as I don't think it will happen and my 15 and 30 minute charts ar...

From the 1/28 low for AAPL looks like double bottom could form and provide a solid base for a significant move up. On the other hand there is the head & shoulders pattern measuring to 395 or so...

MrMiyagi wrote:Getting weak here....

Grab yourself a power bar Mr. M... We need some p-bar action...

Is today's high volume and TRIN above 1.00 bearish for SPY?

Al_Dente wrote:THANK YOU
Mr Bnut for all stuff
and
OOB for snog (interesting that snog usually (?) turns down after big gap or spike down (?) except for now (?) )

[btw board: cancel the premature H&S spy, just take your cues from Mr. T and the mensa-snake]

"Mensa-snake"

Cobra wrote:breakdown as expected. tinted area the target, which as you know I don't believe.

Looks like the target is near the Miyagi P-bar area.

MrMiyagi wrote:Does anyone here use Netflix?

I do.

SigmaEcho wrote:up 800 %

http://stockcharts.com/h-sc/ui?s=URRE&p ... 0524381479

10:1 reverse split after yesterday close.

1/16 (AH) EBAY beat by 0.01with in line revs, guides 1Q EPS below concencus 1/17 - AXP, COF, INTC report AH BAC - beats by 0.01, misses on revs BLK - beats by 0.26, beats on revs, raises dividend 12%, increases buyback C - misses by 0.27, misses on revs FITB - beats by 0.01, NIM declines 7 bps HBAN ...

FXE, FXA:FXY, HYG, JNK and TRIN are not supportive for bulls at the moment.

Reporting earnings tomorrow:
AXP after hours
BAC 7:00 ET
BLK before the open
C before the open
FITB before open
HOMB before open
HANB before open
INTC after hours
UNH before open

EBAY reports AH today
JPM beats by 0.20, misses on revs
LLTC misses on estimates
WEN beats by 0.04, misses on revs, guides slightly above consensus
USB beats by 0.01, misses on revs
NTRS revs up, Eps lags
BK revs and EPS in line
GS beats by 1.96, beats on revs

No hourly back bar for AAPL on the gap up this time. Hmmm...

JFR wrote:

joeynickels wrote:No vote or follow selections available on your stock charts page right now.

I was able to vote a few minutes ago.

Yeah me too. I somehow got logged out at stockcharts last night. All is well...

No vote or follow selections available on your stock charts page right now.

Transports now less than 8 bucks from the all time high.