Cobra's Market View

I have an 89 target on the US dollar by the end of the year based on the cup and handle formation that just completed. For the PF chart the trend line is huge resistance and the 102 may be a Fibonacci retracement based on the long-term pattern. I see it as bullish up to 89 where we run into some sol...

This week felt like the market was looking for a reason to rally. But Apple and Facebook both disappointed so they had to search for another reason and latched onto Draghi. The AAII numbers were setup for a rally but the PE ratios on the Dow and S&P 500 rose last week despite the rise in the mar...

Are transports participating today? They lagged the rally the past two days.

When Mom and Pop, and Opa and Oma, look to blame someone for not getting into this market, for the "money on the sidelines", they can look to blame the investment bankers, and they'd be right. But let them look to Zerohedge, and Roubini next. Predicting gloom and doom, and being wrong, fo...

Is anyone worried that a lot of large companies are missing lowered earnings forecasts yet the market keeps getting pushed up? WHERE U BEEN ??? welcome back 8-) Thanks. Been working on a bunch of projects. Hit a number of mining conferences in the spring which caused me to travel around a lot. Went...

Is anyone worried that a lot of large companies are missing lowered earnings forecasts yet the market keeps getting pushed up?

Still on Bull Side for Now http://www.atruecontrarian.com/2012/02/still-on-bull-side-for-now.html Technical Analysis - Silver Reverse Head and Shoulders??? http://www.atruecontrarian.com/2012/02/technical-analysis-february-16-2012.html Good morning everyone. Spent the week at Social Media Week in Ne...

One thing to remember about Apple is that while they are trading at 15x earnings they are growing at 50+% so this can go on for quite awhile. US Dollar http://www.atruecontrarian.com/2012/02/technical-analysis-february-15-2012-us.html No Way Out http://www.atruecontrarian.com/2012/02/no-way-out.html...

European Bond Yields and Commentary, February 10, 2012 http://www.atruecontrarian.com/2012/02/european-bond-yields-and-commentary_13.html Technical Analysis, February 13, 2012 – Nasdaq Composite http://www.atruecontrarian.com/2012/02/technical-analysis-february-13-2012.html Running a little late tod...

Weekend Technicals, February 11, 2012 – SPX and Nasdaq Composite http://www.atruecontrarian.com/2012/02/weekend-technicals-february-11-2012-spx.html Something new. S&P 500 and Nasdaq Composite charts with the Summation, McClellan Oscillator, Bullish %, Chaikin Money Flows, and Stocks above 50 da...

Japan, Hang Seng, & India gapped down Thursday & Friday (except Japan gapped up Friday). Those three should gap down Monday. The sell off should continue. US should gap down Monday. http://img830.imageshack.us/img830/3905/hideunderchair.gif I went to 50% cash in my Thai brokerage account We...

keizai, I went over your DAX chart and my dates and it makes sense, we will have to see how it plays out.... dcurban, don't know if you saw Keizai's post re: DAX. I put together this chart...what are your thoughts on the cycle data??? I would agree with that. The next push up could be just a double...

This three star turn usually leads to 4% or more pullback...4% of 1355 is 1300, so we will have to see how far it goes... Does the hubble telescope affect the predictions at all. Im surprised that after all the wonder pictures and insight the hubble telescope brought us that we still can't figure o...

Wow UNG is one sick dog. I defended it and locked a .02 gain on it yesterday. I expected significantly better results, but had no intention of holding it if it got weak. UNG is busted. If SPX drops, UNG might rally. I still have 150 shares, currently underwater You will need a big cold snap or a ma...

Wow UNG is one sick dog. I defended it and locked a .02 gain on it yesterday. I expected significantly better results, but had no intention of holding it if it got weak. UNG is busted. If SPX drops, UNG might rally. I still have 150 shares, currently underwater You will need a big cold snap or a ma...

Technical Analysis, February 8, 2012 – Silver http://www.atruecontrarian.com/2012/02/technical-analysis-february-8-2012.html Merger Mania in the Mining Industry hits a High Note http://www.atruecontrarian.com/2012/02/merger-mania-in-mining-industry-hits.html I also wrote an article about Central Ban...

For Thanos and turn dates. Turn dates are the dates calculated through Donald Bradley's astrological market indicators which call for changes in sentiment. They are hard to interpret although they eerily call market tops and bottoms. The key is to understanding how they all work and using it as anot...

In other words, the algos servers can calculate stops and signals much quicker than having a Bloomberg and sitting in an office anywhere in Manhattan no matter what your connection.

They pay for server access. In other words the large algos pay to have their servers placed right next to the NYSE/Nasdaq servers with a direct line between the two. That cuts the time down to milliseconds. All the funds do is upload the code and let it rip from their offices. They have no idea what...

Tomorrow there could be exuberance about what happens with Greece....Looks like Cobra has a target of 1355ish...which could be met tomorrow...but do we begin to sell off later in the day...?? Feb 10th is still a turn date, supposed to be a big move...I am assuming down...but we will have to wait an...