02/06/2023 Live Update

[Trades w 2 Cats]

Going no where. My guess is they are waiting for J Powell speech tomorrow? if I remember correctly.

[BullBear52x]

ES 03-23 (8000 Tick) 2023_02_06 (10_26_46 AM).png

Going no where. My guess is they are waiting for J Powell speech tomorrow? if I remember correctly.

He will clarify Inflation Transitory or Inflation Dis-Inflation.?

[Trades w 2 Cats]

Well at least a J Powell speech is better than a presser because the split second he starts they will release the transcript in machine readable form and we will see how the algos were programmed!

[Trades w 2 Cats]

J Powell speech is at 12:40 tomorrow

[Cobra]

Members only update at 12:35 pm
http://www.cobrasmarketview.com/2023/02 ... ay-update/

[JFR]

FCF.

First Commonwealth Financial Corporation. Founded in 1934. HQ in Pennsylvania.

Even when the market is down, there are usually some companies swimming upstream.

After a quick search of its financials, via TOS, I like it well enough. Right now the stock market likes it. Day trade material. Not overnight. It has been too choppy in the past few months.

Not holding at this time. Not recommending. Done trading for the day.

Have a good one.

First Commonwealth Financial Corporation, a financial holding company, provides various consumer and commercial banking services in the United States. Its consumer services include personal checking accounts, interest-earning checking accounts, savings and health savings accounts, insured money market accounts, debit cards, investment certificates, fixed and variable rate certificates of deposit, mortgage loans, secured and unsecured installment loans, construction and real estate loans, safe deposit facilities, credit cards, credit lines with overdraft checking protection, IRA accounts, and automated teller machine (atm) services, as well as internet, mobile, and telephone banking services. The company's commercial banking services comprise commercial lending, business checking accounts, online account management services, payroll direct deposits, commercial cash management services, and repurchase agreements, as well as ACH origination services. It also offers various trust and asset management services; auto, home, and business insurance, as well as term life insurance; and annuities, mutual funds, and stock and bond brokerage services through a broker-dealer and insurance brokers. As of December 31, 2021, the company operated 118 community banking offices in western and central Pennsylvania, as well as northeastern, central, and southwestern Ohio; corporate banking centers in Pittsburgh, Pennsylvania, as well as Columbus, Canton, and Cleveland, Ohio; and mortgage banking offices in Wexford, Pennsylvania, and Hudson, Westlake, as well as Lewis Center, Ohio. It also operates 136 automated teller machines. First Commonwealth Financial Corporation was founded in 1934 and is headquartered in Indiana, Pennsylvania. -- Yahoo Finance

[Trades w 2 Cats]

Good day for tankers. Interesting that they usually sell for less than the current net value of the ships and several pay dividends. Real story is they were in a down cycle when container ship firms grabbed every slot in the yards for new builds, so tanker fleet is pretty much frozen while routs have lengthened due to ban on Russian crude.
Not advice, purely for entertainment.

[Cobra]

Members only update at 3:36 pm
http://www.cobrasmarketview.com/2023/02 ... ay-update/

[Cobra]

Members only update at 3:50 pm
http://www.cobrasmarketview.com/2023/02 ... ay-update/

[Cobra]

Well, guess that's it for today. Here's what Tuesday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449374

Thank you guys, I'll see you in another thread soon.

Before the close, please take a little time to vote for me, thanks: https://stockcharts.com/public/1684859/ ... /533449374