Cobra's Market View

Forgot to mention this, but AAII sentiment was just 17.9% bullish which is lower than 3/5/09 sentiment and the lowest since 2004.

I bet we get an EPIC surge here any minute now.

Crazy prediction for 2016 = egg on face :roll: :lol: :lol: ….. fwiw. "IF" we cannot gain traction soon to the upside early this year, SPY 160ish (159.12) by Nov 8th - Election day. Has nothing to do with moon phases.. just had this pattern set up on my moon chart. Mind the open gap if we ...

SHANGHAI - China stock investors are about to find out whether a budding equities recovery can cope with the end of a sales ban that's kept an estimated $185 billion of shares off the market. All seven strategists and fund managers surveyed by Bloomberg say it can, with those respondents expecting ...

Cobra wrote:possible H&S bottom. break neckline to confirm.

I remember back in the day when H&S could mean a top lol... but yeah every time I have seen one the last few yeras it always goes up after the right shoulder.

TRANSports DJ-20 weak… new LOD, takes out yesterday's LOD VIX >50d>200d. TLT may try here. Still holding short from yesterday. Watching the usual and don't see anything bullish. Well you have balls. I JUST got short and am already nervous since sentiment wasn't exactly any extreme or anything.

ALdaytrade wrote:Why are there no $SPX futures?

What do you mean?

Oh, they stopped trading at 8:06? I'm not at home so can only see through investing.com and finviz.

We're bouncing for this power hour!

indexes end 1% down today

I'm amazed I'm not hearing anyone talking about DB. It's nearing $27 and then going for 2009 lows. Smells very much of Lehman Bros everything else considered, like CEOs leaving etc.

I am happy but not, lol. I have GOOGL puts from yesterday, 625 strike that expire today... if it breaks I can make something, but I'm just kind of sitting around hoping lol.

NEVER GOING DOWN!

Got some same week GOOGL puts, so make sure to get some calls lol.

We're... GOING DOWN! AHHH!

We're never going down!

bottom of the day for RUT I think... DJT looks like a W reversal about to happen.

GS has a decent little cup and handle going from yesterday.

This is just for fun - but I'm watching the moves on Monday/Tuesday closely. The July configuration in 2015 is exactly the same as in 1998: Monday after Opex is the 20th ... ddd.png That would fit pretty well with Martin Armstrong's thing about the market bottoming right around the "big bang&q...

Official SPY theme song:

https://www.youtube.com/watch?v=nt52SoAeP48

I meant the j/k for the whole voting no thing too. Sorry if it was a little ambiguous!