Cobra's Market View

$HYG & CL is performance good today .. can't be too bearish on $SPY?

$IYR, 6 day gain erased

Happy New Year from HK

small cap oil related stock still green today ~ the odds to bet on oil stock is quite attractive

$HYG finally in red

still observing $HYG , too much lagging behind major index

$CL seems ready to breakdown ?

broadening top on IWM plus -ve D on IWM:USB

Wish u guys Merry Xmas!!! have a happy day

still watching $HYG, probably waiting $CL to move ~

it is quite reliable to catch the top n bottom on the market using $USB:$SPX ratio The divergence btw the previous 3 tops is obvious and the situation won't improve unless big plunge of UST/rocket of SPX in coming future ~ the volatility of the ratio has been low in weekly term but started to pick u...

from my tradestation, the last p-bar $207.19 finally hit. it is way too unbelievable and only down side p-bar left on screen

have been waiting to add IYR put for a 3 month timeframe

$RSX - 3.7%
$CL down 1.9%

Gap fill is not impossible

$RSX gap filled ~ up from $12.5 to $16.5

as said $CL down further more after failed squeeze .. if the previous low taken, the comingdown leg will be fast.

with Ruble and Oil at such level, i still expect the second down leg will come soon at a speed out of our expectation. Pay safe and fasten the seat belt

BLOCK TRADE: $SPY 500,899 shares @ $201.94

p-bar yesterday still possible?

gotta watch out $CL

price fading fast after few short squeeze and the real plunge seems not yet seen

$RSX + 8.8% what a squeeze .. some oil services can't make higher high after oil spike .. i am cautious here and added SPY put as FOMC due soon ~