Cobra's Market View

see below, RSP weak, QQQ strong, so apparently this market is lifted by AAPL mainly. The world can stop producing anything include food, we just go make iPad or iPhone, then we should be all rich. :mrgreen: I always believe "apple a day keeps the doctor away". :mrgreen: Every time I bough...

Typical buy on rumor, sell on truth, sell more on bad truth.

HUM is getting slammed today due to bad earnings. XLV (health care ETF) is doing well relative to IWM. Anyone like any health care stocks ? AMGN broke out to a new high recently. GILD also doing well (from the chart only I don't know their business like an expert or anything). My wife did all the r...

HUM is getting slammed today due to bad earnings. XLV (health care ETF) is doing well relative to IWM. Anyone like any health care stocks ? AMGN broke out to a new high recently. GILD also doing well (from the chart only I don't know their business like an expert or anything). My wife did all the r...

Dumb question: When Shanghai diverges this much from Hong Kong, whom do u follow/believe and why?? Any smart China watcher please answer, thx Based on my own reading, there were too many scams in Shanghai listed companies. People make money in Chinese stock markets (excluding HK) are most likely in...

Cobra,

Can you confirm that an option expiry week usually ends in positive?

Cheers!

I don't think someone is lying. It could be more money moving back to US. Some goes to the equity. Some goes to TLT.
Just my 2 cents.

BullBear52x wrote:Someone is lying, see TLT????double top or break out?

Finally, I'm back. I'm proud of becoming a subscriber of Cobra's service.
Cheers!

Would anyone care to explain why 1243 ES daily pivot got the knife despite being aligned with 5 minute VWAP? And then why it kept going down until 1235.75 before it bounced? Just trying to figure out where I went wrong? Very simple to explain, since when stock trading is science? best trading progr...

tdo722 wrote:I am officially confused with this market. I don't know if I should go long or go short.

Me too. I just sold SPY put options to buy IWM put options.

ISM # is out, lower than expected.

I'm glad that I didn't close my naked SPY 123 Call this morning.

AK84,

Did you do anything on ISRG? It did exactly opposite to what I predicted.
I think we need a little bit fun. Stress won't help on trading.

Cheers!

Bullbear52x,

Are you still tracking everyone's position here?
Here is mine again.
Sold SPY Oct 22 123 Calls
Bought QQQ 57 Calls

Hi Cobra, Any comments today on ISRG or still not clear? Now looks a bit bearish right before earnings today ? still doesn't say much. The options show that the market is expecting a swing of 7-8%. Yea i know but im trying to figure out which way its going to move...haha :) initally i was bullish b...

Cobra wrote:

AK84 wrote:Hi Cobra,

Any comments today on ISRG or still not clear? Now looks a bit bearish right before earnings today ?

still doesn't say much.

The options show that the market is expecting a swing of 7-8%.

Can we repeat what happened in Nov of 2008?

Eur/usd here is a lead, a turn? looks as so This was my comment in Cobra trading signal report Friday's night and look what happened then this is daily chart 8-) Thanks, right now eur/usd working like a charm, it won't be long before it will not working again. Bank/big corp can not making money fro...

Sold IWM 71 Oct 14 71 calls last week. Got exercised.
Now, I'm shorting IWM, set stop at 70.53.

For people talking about EUR/USD, wanna post some charts? Not everyone have forex charts... I don't trade forex, but Petsamo says you can watch here: http://www.livecharts.co.uk/ForexCharts/eurusd.php I had problem to get you a EUR/USD chart, here is the FXE one. Check the BB. I guess it's time to ...