Back to www.cobrasmarketview.com

   

09/12/2017 Live Update

09/12/2017 Live Update

Postby Cobra » Tue Sep 12, 2017 9:21 am

If you're StockCharts member, please do me a little favor by "vote" and the most importantly "follow" my public chart list HERE. You need "follow" only once but vote can be done everyday, so whenever you have time, please vote for me, thanks! If you're not StockCharts member, you can also help boosting my rank by clicking the link once everyday.

    Please, again, all my calls in the daily live update is for intra-day only, they're absolutely invalid when the closing bell rings. If you're interested in the forecast for days and weeks, Please subscribe my Daily Market Report.
    Personal attack on any board members won't be tolerated. Please limit your topic to trade related only.
    Please no direct link to your personal web site or blog. You must post rich contents here. You can, however, put link to your personal web site or blog as your signature.
    I'm very busy during the trading hour, so your question posted on board might not be answered. For a guaranteed answer to your question please send email to info@cobrasmarketview.com.
=============================================================================================================================================================================

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: 38208
Joined: Sat Feb 12, 2011 10:29 pm

Re: 09/12/2017 Live Update

Postby Cobra » Tue Sep 12, 2017 9:25 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: 38208
Joined: Sat Feb 12, 2011 10:29 pm

Re: 09/12/2017 Live Update

Postby fehro » Tue Sep 12, 2017 9:37 am

SPX nATH .. nears 2500
Attachments
Screen Shot 2017-09-12 at 6.36.41 AM.png
fehro
 
Posts: 21147
Joined: Fri Sep 02, 2011 2:06 pm

Re: 09/12/2017 Live Update

Postby fehro » Tue Sep 12, 2017 9:44 am

try again.. nibble sm short SPX 2494 :roll: .. AAPL pop and drop /NQ weak
fehro
 
Posts: 21147
Joined: Fri Sep 02, 2011 2:06 pm

Re: 09/12/2017 Live Update

Postby brokebybernacke2 » Tue Sep 12, 2017 10:01 am

well, appears we gonna stair step up to 2500 and beyond so we can say we did, vix target near term 9.4ish. bumps ahead incl. kim jong nutmove (unlikely) , Fed hawk move (unlikely)...tax reform package of some sort should be next source of good rocket fuel...imho.
brokebybernacke2
 
Posts: 902
Joined: Wed Sep 21, 2011 10:10 am

Re: 09/12/2017 Live Update

Postby Cobra » Tue Sep 12, 2017 10:01 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: 38208
Joined: Sat Feb 12, 2011 10:29 pm

Re: 09/12/2017 Live Update

Postby fehro » Tue Sep 12, 2017 10:02 am

fehro wrote:try again.. nibble sm short SPX 2494 :roll: .. AAPL pop and drop /NQ weak


AAPL 20d 160.79 testing it… iPhone X today 1:00pm ET loose the 20d with conviction.. kiss the market good bye..
fehro
 
Posts: 21147
Joined: Fri Sep 02, 2011 2:06 pm

Re: 09/12/2017 Live Update

Postby Daniel » Tue Sep 12, 2017 10:58 am

Mixed sectors today, KRE, EWZ, DJT hod..

As SMH, IYR hit lod. And RVX and VXN hitting hod.

Many moving parts.
Last edited by Daniel on Tue Sep 12, 2017 11:00 am, edited 1 time in total.
Daniel
 
Posts: 2170
Joined: Fri Feb 10, 2012 4:27 pm

Re: 09/12/2017 Live Update

Postby fehro » Tue Sep 12, 2017 11:00 am

fehro wrote:try again.. nibble sm short SPX 2494 :roll: .. AAPL pop and drop /NQ weak


too slow.. cover 1/2 here +$2.50
fehro
 
Posts: 21147
Joined: Fri Sep 02, 2011 2:06 pm

Re: 09/12/2017 Live Update

Postby Al_Dente » Tue Sep 12, 2017 11:04 am

NY narrow
Plenty of bull volume in a handful of issues:
NY advancing stocks = 1.6 x declining stocks
NY advancing volume = 2.8 x declining volume

Nasdaq weak, chop
Nasdaq advancing stocks = 1.4 x declining stocks
Nasdaq advancing volume = 0.9 x declining volume
User avatar
Al_Dente
 
Posts: 18809
Joined: Thu Jul 21, 2011 2:29 pm

Re: 09/12/2017 Live Update

Postby Daniel » Tue Sep 12, 2017 11:04 am

Just minutes later, SMH lod has turned into a strong bounce back to flat on the day, could lead a tech surge upward...

update: IWM hovering near hod, EEM has just hit a fresh one.

These plus SMH could lead a surge for the broader indexes.
Daniel
 
Posts: 2170
Joined: Fri Feb 10, 2012 4:27 pm

Re: 09/12/2017 Live Update

Postby Daniel » Tue Sep 12, 2017 11:22 am

Daniel wrote:Mixed sectors today. Many moving parts.

XOP hod
XLB lod, IYR fresh lod. Not the normal correlations.
Daniel
 
Posts: 2170
Joined: Fri Feb 10, 2012 4:27 pm

Re: 09/12/2017 Live Update

Postby Cobra » Tue Sep 12, 2017 11:39 am

maybe the rebound will fail?
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: 38208
Joined: Sat Feb 12, 2011 10:29 pm

Re: 09/12/2017 Live Update

Postby Mr. BachNut » Tue Sep 12, 2017 11:46 am

BachNut here...

The NYMO cycle is up.
The price divergence we had last week has been cured, but now we have a small NYMO divergence as NYMO has not made fresh highs to go along with the price highs. Maybe this clears up by the close or tomorrow.
The current cycle has been running 22 days. So, I would not be surprised to see it turn down quite soon.
Even if the cycle turns down, as long as NYMO stays above zero, action should be inclined to favor the bulls.

Pricewise, our gap year continues with a huge one from last Friday's close.
We have broken away from the middle keltner, but the action looks rather wedgie to me as it attempts to reclaim the broken internal trend and the upper keltner.
I am seeing a lot of bullish twitter chat, but I wouldn't rule out bearish scenarios.
A break of the wedge, and a turn in the NYMO could at least send price back to the middle keltner.

I still have a little long from August after another scale.
Nothing to do but wait and respond to what unfolds ahead.
Attachments
NYMO 091217.jpg
User avatar
Mr. BachNut
 
Posts: 2290
Joined: Thu Feb 24, 2011 2:28 pm

Re: 09/12/2017 Live Update

Postby Al_Dente » Tue Sep 12, 2017 11:52 am

AAPL blog is live
This is the first event Apple is hosting in the new Steve Jobs Theater at the new spaceship campus
should start soon
https://live.theverge.com/
User avatar
Al_Dente
 
Posts: 18809
Joined: Thu Jul 21, 2011 2:29 pm

Re: 09/12/2017 Live Update

Postby Cobra » Tue Sep 12, 2017 12:13 pm


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: 38208
Joined: Sat Feb 12, 2011 10:29 pm

Re: 09/12/2017 Live Update

Postby fehro » Tue Sep 12, 2017 12:16 pm

Cryptos all new page on Tradingview.. fwiw - https://www.tradingview.com/markets/cryptocurrencies/quotes-all/
Attachments
Screen Shot 2017-09-12 at 9.15.00 AM.png
fehro
 
Posts: 21147
Joined: Fri Sep 02, 2011 2:06 pm

Re: 09/12/2017 Live Update

Postby fehro » Tue Sep 12, 2017 12:20 pm

http://www.mintpressnews.com/blow-us-dollar-brics-considers-cryptocurrency/231571/

In Blow To US Dollar, BRICS Considers ‘Sanctions-Proof’ Cryptocurrency
While the US Dollar remains the most popular global trading and reserve currency, this is rapidly changing. A BRICS backed cryptocurrency may be both the proverbial ‘Dollar buster’ as well as a ‘sanctions buster’.
fehro
 
Posts: 21147
Joined: Fri Sep 02, 2011 2:06 pm

Re: 09/12/2017 Live Update

Postby Al_Dente » Tue Sep 12, 2017 12:25 pm

ATH
SPY yes
QQQ nope
$SOX nope
IWM nope
XLV healthcare yes ATH
Others nope
User avatar
Al_Dente
 
Posts: 18809
Joined: Thu Jul 21, 2011 2:29 pm

Re: 09/12/2017 Live Update

Postby Al_Dente » Tue Sep 12, 2017 12:57 pm

Al_Dente wrote:NY narrow
Plenty of bull volume in a handful of issues:
NY advancing stocks = 1.6 x declining stocks
NY advancing volume = 2.8 x declining volume

Nasdaq weak, chop
Nasdaq advancing stocks = 1.4 x declining stocks
Nasdaq advancing volume = 0.9 x declining volume

NY advancing stocks = 1.9 x declining stocks
NY advancing volume = 3.6 x declining volume
User avatar
Al_Dente
 
Posts: 18809
Joined: Thu Jul 21, 2011 2:29 pm

Next

Return to Traders Lounge

Who is online

Users browsing this forum: Bing [Bot] and 10 guests