Cobra's Market View

Al_Dente wrote:

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Never let economic numbers get in the way of a higher $COMP , I think JY said that somewhere...LOL, 5000 here we come!!

MrMiyagi wrote:What the hell is going on

Sensei, you see that SPY 212.97 BAR? WTF?

Out of Bounds wrote:NYSE breadth at new HOD.

EDIT: long SDS 120.20 Heavy

You mean SSO I assume..

Al_Dente wrote:symbol CUBA
“President Obama is set to make a statement on Cuba at noon Eastern time”

BREAKING: Obama To Start Talks With Cuba To Establish Full Diplomatic Relations, Open Embassy…

$VIX up 12.6% and UVXY only up 2.2%. Seems a little off. I wonder if it will catch up. Long UVXY 18.65

jway888 wrote:even if a meteor hit us somewhere, the market will still rally

No truer words were ever spoken

10 minutes to go, a nice move is pending :D well all indicate down move (daniel, OPEX, new moon, time signal... so big UP ? lol No way they let it drop today with Obummer freeing up all the new voters tonight. Would it not be about the speculation of when interest rates would increase? Obama is not...

champix wrote:

uempel wrote:10 minutes to go, a nice move is pending

well all indicate down move (daniel, OPEX, new moon, time signal... so big UP ? lol

No way they let it drop today with Obummer freeing up all the new voters tonight.

Out of Bounds wrote:OK, maybe it's just wishful thinking but I see a bear flag on the Russell.
Anyone else see this or am I hallucinating?

Bear flags have been renamed, they're now called Bull opportunity flags. All terms with the word Bear in them have been removed from Investopedia.

I was given to understand these events had to trigger within 10 days and the 10th day expired at Monday's close. A crash is coming... :o :o :o This will for sure appease the crowd... I was just trying to clarify what I was told were the rules for a ZBT event, but given the maturity level of some of...

A buy signal is imminent (actually on intraday basis it already happened). Usually such signals occur after protracted/significant corrections and near the bottoms. However, signals near a 52 week high are also known. Last three such signals occurred on 8/2/82, 8/6/84, and 1/9/87. SP500 was up doub...

FWIW, I would still contend (and I'm not the first to notice this) that even with the SPX and NDX marching higher the last few days, 2 things are telling me not to buy into it. 1 the RUT basically stalled around 1119.33 (an important weekly close for Demark) and the VIX seems to have bottomed around...

Anyone else see a strange $TRIN spike on the open?

Not sure if it means anything, but some pretty big volume bars in XIV just under $36..

Been with Schwab for years, could give you numerous examples of their horrendous service. Not sure why I stay.

Dell, I would say the SPY is actually might be higher if you take into acct the ex-div (.82 on 3/25). Full disclosure I'm bearish and long TZA.