Cobra's Market View

According to Schwab, E*Trade, Legg Mason and BofA, folks are going "all in"
http://www.zerohedge.com/news/2017-07-3 ... -rush-stoc

These makes me remember the sideways when nuke reactor explodes in Fukushima, the market acts like nothing as append

Note: Quite market to dangerous short it

if rebound here then probably bears are over for today, finger crossed.

bias is up. the phantom bar probably is not for today.

Year-to-date, global performance

Wallstreetrader wrote:These makes me remember the sideways when nuke reactor explodes in Fukushima, the market acts like nothing as append

Note: Quite market to dangerous short it

Ｉ think every one is waiting for Apple Bomb (vs Atom Bomb) )to drop at end of day

HAPPY HOUR has been postponed until after the close
APPL is 3.6% of SPY (its heaviest weight)
AAPL is 11.51% of QQQ (its heaviest weight)
AAPL is 4.65% of the dow (the seventh heaviest weighted stock in the dow)

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Springheel Jack: Quick Update

http://www.channelsandpatterns.net/2017 ... pdate.html

Thanks Jack!

Just a reminder, in addition to Da Fruit rocking things after the cash close we do have API inventory which could 'do things' to the oil market especially after the hedge funds were so let down by Goldman.

If you think for two seconds the only way Venezuela rocks the market is when they shut off the exports like the Obama administration did in Libya and the Niger River Delta Avengers did in Nigeria. Having said that please remember they do have to buy light weight stuff to blend with their peanut butter sulfur before they can ship it to China as a debt repayment, so losing access to international credit markets would pretty much put them out of business. The news reports say the army is loyal because they still have toilet paper and tampons, what a country!

well, guess that's it for today. Wednesday tomorrow has been generally bear friendly but was up 5 in a row recently. thank you guys, I'll see you tomorrow.

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

WindWalker wrote:

Wallstreetrader wrote:These makes me remember the sideways when nuke reactor explodes in Fukushima, the market acts like nothing as append

Note: Quite market to dangerous short it

Ｉ think every one is waiting for Apple Bomb (vs Atom Bomb) )to drop at end of day

I'll take my chances.. looking for possible big gap down indexes.. mind the shooting star INDU TRANSport nLOW, lower low than last week.. fugly..

IWM held that 141 support level with authority.