Cobra's Market View

FULL Moon in Sagittarius - TREND Change DAY in Stocks BONDS Precious Metals - FLOWER MOON LINK Flower Moon http://www.mlive.com/news/us-world/index.ssf/2018/05/full_flower_moon.html The Farmers' Almanac @FarmersAlmanac Current #MoonPhase: Full Moon (100% of full). Beware of werewolves. https://4.bp...

30YR BOND 146'28 Target nearby

$ES_F Took all month to get ES up, moving 2591 up to 2740. Going to give it all back in the last 3 days? 2640 next major support off the month low.

Haven't even hit the FAVORITE 2666 ES

ES Futs 120 Min dont count your chickens yet

Trump and Tillerson Sauds Russians Chinese all in on Oil squeeze - US glut being exported trying to drain shale fields

SPX *nibble short again 2694ish .. mind the gap morning one :roll: .. or upper one Key time Fehro, passed that level like a butter...what's next target? 2730s? not like butter.. like a lunch time grind up.. let's see what happens after lunch… minor divg on the VIXes intra day and need to watch oil....

WWW OPEX Rolll Wild days of Premium Burn

$CLF Nice bank on our Monday add on CLF

CLF Nice bank on our Monday add on $CLF

fehro wrote:SPX oil goosed into pit close… SPX goosed… .. may stall here and reverse.

All we want is 2705

Watch out for these guys :

May 07, 14:00

FOMC member Barkin speech
May 07, 15:00
29 min
Consumer Credit Change $10.6B $16B
May 07, 15:30
59 min
Fed's Evans Speech
May 07, 15:30
59 min
FOMC Member Kaplan Speech

If We have bottommed - Are SEMICONDUCTORS ready for Moonshot?

https://finviz.com/screener.ashx?v=351& ... &o=-volume

Anyone like Harmonics? Oil Weekly my Favorite today ready for correction? Looks like OPEC $80 Target

There are no oil shortages - we still have a glut... its a war between the PetroDollar and PetroYuan.... So Trump and XOM/Ex Sec of State Tillerson rigged prices on Saudi trip a few months back... OPEC happy US stock market happy Houston Bailed out from Hurricane... all winners except US consumer OI...

Think europe will bank some here? They hate leaving gravy on table for US

Fear Greed Index 47

Still plenty of greed to squeeze.... time will tell

http://money.cnn.com/data/fear-and-greed/

$CLF $OIL Hedge funds were only 7.1% short last week (~14 longs per short). So far, bets have paid off & they need a catalyst to change their thesis & liquidate. Rising rig counts, demand destruction from higher prices, calming of Iran uncertainty, and recession could all do it Watch list O...

Nice gapper list
https://finviz.com/screener.ashx?v=351& ... FT,SRC,VER

Iron Steel jammers $AKS $CLF