Back to www.cobrasmarketview.com

   

08/08/2017 Live Update

Re: 08/08/2017 Live Update

Postby JFR » Tue Aug 08, 2017 10:40 am

Gap fill on NQ.

Back later ...
Attachments
2017-08-08_0739.png
User avatar
JFR
 
Posts: 1668
Joined: Sun Dec 02, 2012 7:24 pm

Re: 08/08/2017 Live Update

Postby Trades with cats » Tue Aug 08, 2017 10:40 am

ES Ding Ding Ding 2478.50 yesterday's high.
Now What ? Usually not hear until late afternoon.
Trades with cats
 
Posts: 3466
Joined: Sat Oct 11, 2014 4:40 pm

Re: 08/08/2017 Live Update

Postby Cobra » Tue Aug 08, 2017 10:45 am

this bull shall have legs.
Attachments
1.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
 
Posts: 37343
Joined: Sat Feb 12, 2011 10:29 pm

Re: 08/08/2017 Live Update

Postby superxy » Tue Aug 08, 2017 11:00 am

So mad bull



Sent from my iPhone using Tapatalk
superxy
 
Posts: 238
Joined: Wed Oct 26, 2011 1:51 pm

Re: 08/08/2017 Live Update

Postby Trades with cats » Tue Aug 08, 2017 11:14 am

Someone saying "Risk Parity Funds" triggered. Makes some sense, as the Jolts report puts rate hikes back on the table, thus equities have reduced risk compared to bonds. However, with the R2K a full 5 handles above the average daily range high, and it being a proxy for the most shorted bloomberg index I think a different game is afoot. Surprised if there are much in the way of shorts to cover outside of Tesla!
Trades with cats
 
Posts: 3466
Joined: Sat Oct 11, 2014 4:40 pm

Re: 08/08/2017 Live Update

Postby Cobra » Tue Aug 08, 2017 11:19 am


Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
 
Posts: 37343
Joined: Sat Feb 12, 2011 10:29 pm

Re: 08/08/2017 Live Update

Postby fehro » Tue Aug 08, 2017 11:22 am

SPX/INDU nATH NDX/COMPQ/TRANS/RUT all lag Bonds retreat with gold
Attachments
Screen Shot 2017-08-08 at 8.18.56 AM.png
fehro
 
Posts: 20672
Joined: Fri Sep 02, 2011 2:06 pm

Re: 08/08/2017 Live Update

Postby Cobra » Tue Aug 08, 2017 11:25 am


Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
 
Posts: 37343
Joined: Sat Feb 12, 2011 10:29 pm

Re: 08/08/2017 Live Update

Postby brokebybernacke2 » Tue Aug 08, 2017 11:54 am

cashing in the chips.....
Attachments
msar0.jpg
brokebybernacke2
 
Posts: 835
Joined: Wed Sep 21, 2011 10:10 am

Re: 08/08/2017 Live Update

Postby Cobra » Tue Aug 08, 2017 12:32 pm

the pullback will be bought.
Attachments
1.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
 
Posts: 37343
Joined: Sat Feb 12, 2011 10:29 pm

Re: 08/08/2017 Live Update

Postby Wallstreetrader » Tue Aug 08, 2017 12:37 pm

to dip again 68 ...
Last edited by Wallstreetrader on Tue Aug 08, 2017 1:31 pm, edited 1 time in total.
"Best Strategy is don't have any side, bull or bear" by WST
Fed Downsizing when ?
User avatar
Wallstreetrader
 
Posts: 805
Joined: Thu Mar 17, 2011 12:00 pm

Re: 08/08/2017 Live Update

Postby Trades with cats » Tue Aug 08, 2017 12:46 pm

Small caps finding a bit of support on yesterday's high.
Trades with cats
 
Posts: 3466
Joined: Sat Oct 11, 2014 4:40 pm

Re: 08/08/2017 Live Update

Postby Cobra » Tue Aug 08, 2017 12:49 pm

pullback too sharp, no longer perfect buy dip setup but still for now the pullback likely would be bought.
Attachments
1.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
 
Posts: 37343
Joined: Sat Feb 12, 2011 10:29 pm

Re: 08/08/2017 Live Update

Postby Trades with cats » Tue Aug 08, 2017 12:54 pm

Small caps close to yesterday's close. Not expecting bearish engulfing, but can't take it off the table.
Trades with cats
 
Posts: 3466
Joined: Sat Oct 11, 2014 4:40 pm

Re: 08/08/2017 Live Update

Postby Shaishen » Tue Aug 08, 2017 1:17 pm

Cobra wrote:pullback too sharp, no longer perfect buy dip setup but still for now the pullback likely would be bought.


H&S top intraday completed.
Now for FIB fans here (again) the perfect half way back (50% retrace)

.
Shaishen
 
Posts: 132
Joined: Tue Jul 01, 2014 3:57 pm

Re: 08/08/2017 Live Update

Postby Shaishen » Tue Aug 08, 2017 1:30 pm

Shaishen wrote:
Cobra wrote:pullback too sharp, no longer perfect buy dip setup but still for now the pullback likely would be bought.


H&S top intraday completed.
Now for FIB fans here (again) the perfect half way back (50% retrace)

.



So maybe this time is different :o (stopped out)

.
Shaishen
 
Posts: 132
Joined: Tue Jul 01, 2014 3:57 pm

Re: 08/08/2017 Live Update

Postby Al_Dente » Tue Aug 08, 2017 1:46 pm

SPY TRIVIA:
August SPY Sector Breakdown
Technology (23%), Financials (14%), Healthcare (14%), Consumer Cyclical, discretionary (12%), Industrials, still ow GE (10%),
Consumer Non-Cyclical, staples (9%), Energy (6%), Utilities (3%), Basic Materials (3%), Real Estate (3%), Telecom (2%)
User avatar
Al_Dente
 
Posts: 18205
Joined: Thu Jul 21, 2011 2:29 pm

Re: 08/08/2017 Live Update

Postby Cobra » Tue Aug 08, 2017 2:44 pm

triangle so bias is down.
Attachments
1.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
 
Posts: 37343
Joined: Sat Feb 12, 2011 10:29 pm

Re: 08/08/2017 Live Update

Postby fehro » Tue Aug 08, 2017 3:00 pm

dailies a tad iffy..
Attachments
Screen_Shot_2017-08-08_at_11_59_01_AM.png
fehro
 
Posts: 20672
Joined: Fri Sep 02, 2011 2:06 pm

Re: 08/08/2017 Live Update

Postby Al_Dente » Tue Aug 08, 2017 3:03 pm

HAPPY HOUR
Image
User avatar
Al_Dente
 
Posts: 18205
Joined: Thu Jul 21, 2011 2:29 pm

PreviousNext

Return to Traders Lounge

Who is online

Users browsing this forum: Bing [Bot], Google Feedfetcher and 9 guests