Cobra's Market View

Moody's cuts China outlook to 'negative' - cites reform, fiscal risks************** Moody's downgraded its outlook on Chinese government debt to "negative" from "stable" on Wednesday, citing uncertainty over authorities' capacity to implement economic reforms, rising government d...

Arab States Face $94 Billion Debt Crunch on Oil Slump, HSBC Says Gulf Cooperation Council countries may struggle to refinance $94 billion of debt in the next two years as the region faces slowing growth, rising rates and rating downgrades, according to HSBC Holdings Plc. Oil-rich GCC states have to ...

I think (only think) that if today's high of 196.68 holds today & Monday, we are going down to 172 in the next week or two.

This is strange for a Friday near noon.
The S&P is up .20% and my put options are even. Not the norm.

Would you call this a "Key Reversal Day"?? Key Reversal Day: A one day chart pattern where prices sharply reverse during a trend. In an uptrend, prices open in new highs and then close below the previous day's closing price. In a downtrend, prices open lower and then close higher. The wid...

Would you call this a "Key Reversal Day"??

We should be headed to 1975-2000 on this run-up.

CORRECTION, SPY 195

A widely followed technical analyst is getting attention for saying the S&P’s close below 1,926.82 yesterday could lead to a drop to 1,786, or even 1,736. Tom DeMark cites a momentum formula that compares closing levels with those from four days earlier. ZeroHedge has highlighted DeMark’s call a...

Where is this guy??

It could be more like 1992

China's Bad Loans Rise to Highest in a Decade as Economy Slows;

http://www.bloomberg.com/news/articles/ ... nomy-slows

[quote="josephli"]USDJPY recent down move has exceeded short term and swing term 100% MM, and is shy off key 110 support. more downward movement expected. USD struggle on key fib and channel support. swing term 100%MM has been exceeded. bearish-leaning. Your charts are to big..! My opinion...

Japan economy shrinks more than expected, adds to fears of global slowdown

China's latest trade data is a very worrying sign for global growth; The data showing the dramatic rebalancing of China’s economy continues. Imports in January were down 14.4% year-on-year last month, versus a growth of 1.8% expected and a fall of just 4% year-on-year in 2015, in yuan-denominated te...

I'm holding my SPY puts over the 3 day weekend. Surely something bad will happen somewhere

I bought SOME PUTS @spy 185.95

It is time to close my SPY calls from yesterday

THANK YOU JANET..!

BUY JANET..!!!
Take out Mr. M's P-Bars

Long SPY calls @182.25