Cobra's Market View

Hey Cobra, so as to follow thru, we gap higher on bad news and basically make no more progress for the day while tech shows weakness with end of day pump. Growth has obviously fallen way out of favor and I don't think will rebound all that quickly or will be much more selective lets say. Market caps...

Hey Cobra, all up day isn’t it? Does this mean anything any more? Thx

Morning "Al_Dente" Thank you for all you and others contribute to this forum. I'm more in the free markets use of bankruptcy camp then what the Fed is doing. With comparisons to 2009 I don't see values like we did then, those were buys of a generation while this is buy of the year or decad...

Anyone know if the Propriety S&p oscillator is over 5? Thx in advance.

Board is dead. On one hand feels like the rug is about to be pulled, on the other we may have a coiled spring where 282 breaks and we go to new highs. Things seem to just be melting up. In cash as last February 2018 is a good example as to why one should not chase. Can we please get back to real mar...

SPY and QQQ both traded Friday outside upper Bollinger band, VIX trying to turn up, largest out flows from funds in quite some time as noted by poster on Friday's board, yet small newbie investors I see starting to jump on the band wagon. Agree with Cobra you learn to trade, but have to be drunk to ...

Question for Dell.....didn't you post stats on number of days SPX goes without touch upper BB? Could you repost please? Thanks in advance, and any thoughts as well.

Regarding CL, I tend to see large moves in the leveraged ETFs when stock is unavailable to be borrowed. DWTI and SCO I could not find to short for instance. In the past this precedes a move up in CL. We'll see if the dead cat bounce happens this week and whether the hedge funds have captured all sha...

194.04 spy pbar met, downside pbars not working at all, up up and away

Most of those recent pbars match up with closing prices from last night except the SSO. From watching these closely these particular pbars have a horrible track record. Leveraged pbars don't seem to be too accurate either for future moves. Besides that we've seen these pbars be pretty good indicator...

Hello Cobra, what stats do you have on trading below lower BB for say SPY and VIX up over 18%? Thought this had good odds of green day tomorrow? Thanks

Morning guys, Still short UAL, I think I will have better luck this next week and will add to shorts pre-market if over 25.75. Negative divergence on RSI, outside BB on 1 yr chart/weekly frequency, weekly candle hang man. Expect drop to 25 this week. Still short overall market, hedges saved me last ...

Hey Unique, good job, glad it worked. I'm holding short still on the UAL!

Might want to check out airlines guys. Look very overbought to me and over upper BBs. Not sure on timing but long term these are excellent prices to build shorts. I'm short UAL $25.75.

Futures Options - can anyone provide a link to specific expiration times for futures options? I played the Dec ES futures options which closed out the morning of Dec. 21st at 9:30 am EST. For the monthly futures options at what time does trading stop, is it 9:30 am EST tomorrow morning or is it end ...

Thanks Cobra and ESTrader on the FSLR comments/charts. I'm just thinking the RSI is in overbought territory and MACD looks to be turning over plus weekly and daily bollinger bands not shown on your charts would suggest a dip should be forthcoming. We'll see. thank you again.

Hey Cobra, Bman here, another infrequent post but would appreciate your opinion as well as the board's on FSLR. Charts which I cannot post looks ready to turn lower and I've noticed large afterhour prints which I'm intrepreting to be funds liquidating and not buying in after the run that has occurre...

Hey Cobra,
Don't post much but if you can incorporate your thoughts on SPY being up 5 days in a row with 5 days declining volume are there any stats that pullback is near?
thanks

Check GOOG guys, 8 or 9 days up in a row, above upper bollinger band, MACD max'd, would expect a pull back here. Have gone short.

Question for the board. How does the Fed buying $40B/month of MBS help? Banks are able to sell mtgs to agency already and banks have plenty of capital to hold non-conforming loans in portfolio. I work for a bank, there is more money available than we can lend "responsibly". So how does thi...