Cobra's Market View

Somebody is really bullish on silver. Somebody bought 19,500 contracts of the January 2019 $25 LEAP calls on the SLV ETF. The trade went off at 47 cents or roughly $916,500. With the ETF at $17 today, that would take a 50% rally to end in the money in 2019.

Thought you may like this link, check it out; http://oilprice.com/oil-price-charts energy- http://finviz.com/futures_charts.ashx?t=ENERGY&p=m5 DOE inventory confirmed API major draw. Fundamentals are aligned for more of this into August. 1. US refiners are running at record levels moving signifi...

Google is in the mosquito raising business. The Verily business unit deals with health care issues and one of their recent accomplishments is mosquito breeding. Why do we want to breed millions of mosquitoes a week? In order to wipe out the population. The mosquitoes Google breeds are then infected ...

The dollar has imploded and the rate of decline is accelerating. The dollar index closed at a new 12-month low on Friday at 93.85. The Dollar Index has declined -6.4% this year. Against the euro, the dollar has fallen more than 10% and more than 15% against the peso. This is going to be a boon to co...

Record S&P 500 Failing to Stem Steadiest Fund Outflow Since 2009 Even as the S&P 500 Index clawed its way to a fresh record and squeezed out a third consecutive weekly gain, signs of fading enthusiasm in U.S. stocks have become increasingly difficult to ignore. The latest can be seen in the ...

Something to think about; Total debt outstanding for Russell 2500 companies is $2.1 trillion. Every one percent rate increase would translate to over $20 billion of additional interest expense over a period of time. Cumulative market cap of Russell 2500 companies has grown 16% from year-end 2014 thr...

MARK YUSKO: 'The US is going to have a crash and it will be massive' http://www.businessinsider.com/mark-yusko-us-recession-2017-5?utm_source=feedburner&amp%3Butm_medium=referral&utm_medium=feed&utm_campaign=Feed%3A+businessinsider+%28Business+Insider%29&utm_content=FeedBurner+user+v...

It's our turn to have fun;

Back in 1986 the Stock Trader's Almanac discovered the position switching strategy that corresponds with the "Sell in May and go away" strategy that has been around for decades. If you invested $10,000 in the Dow in 1950 and never touched it you would have a gain of $860,000 today. However...

WOW~~ Slow

There is a new 50-Cent making headlines; There is a new, unknown trader spending a fortune in VIX calls at 50 cents each, While that sounds like a miniscule amount of money, he or she has spent $90 million buying VIX calls at that level. Traders are now calling the unnamed trader 50 Cent. Every day ...

Small caps are fading, may take the market down?

Hi Mr. M,
How are you?
TraderJoe

MrMiyagi wrote:

Cobra wrote:this bear may have legs.

Now you tell me? I just sold a bunch of kidneys!

I bought a few SPY calls @ 237.10.
I'm either right or wrong

I bit;
Bought June NUGT calls...

Bear flag???

Where is mr. miyagi ???????????
I miss him

Here is one way to make money in the market; http://www.businessinsider.com/man-charged-with-trying-to-blow-up-target-stores-2017-2?utm_source=feedburner&amp%3Butm_medium=referral&utm_medium=feed&utm_campaign=Feed%3A+businessinsider+%28Business+Insider%29&utm_content=FeedBurner+user+...

I think it was funny

Al_Dente wrote:FAKE NEWS
BREAKING: Trump administration considers mobilizing as many as 100,000 National Guard troops
to round up the last 12 remaining short sellers
cripes that's not even funny