Back to www.cobrasmarketview.com

11/30/2017 Live Update

User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 11/30/2017 Live Update

Post by Al_Dente »

ATH:
BAC
JPM
XLF
IWM
SPY
etc
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 11/30/2017 Live Update

Post by Al_Dente »

ATH, continued:
$SPXEW (the equal-weighted spx, confirms)
$TRAN
XLY
XHB
etc
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Trades with cats
Posts: 8656
Joined: Sat Oct 11, 2014 4:40 pm

Re: 11/30/2017 Live Update

Post by Trades with cats »

Ryan moving on a one month spending bill to get us past the winter holiday recess. Seasonal trend is for rockey January.
IF tax bill passes puts profit taking into January. If Fed raises rates. If government shuts down in January. Could create the mother of all selloffs. Just Say'in.
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 11/30/2017 Live Update

Post by Al_Dente »

Here’s just the last FIVE DAYS %, a few key sectors
Gee I wonder what that red line is way up there; ho dang
1130five percent.png.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 11/30/2017 Live Update

Post by Al_Dente »

So banks love this shite
And as it’s EOM, all the port mgrs have to "window dress" and buy the banks
And it looks like they’re selling gold/gold miners to free up funds to buy more banks
IMHO, intraday
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 11/30/2017 Live Update

Post by Al_Dente »

SPY high
VIX high
WTF?
No wait, sorry, that was a few minutes back
Since then VIX dropped like a rock from 12 ish to 10.77
Maybe fehro can make sense of this :?:
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
fehro
Posts: 22880
Joined: Fri Sep 02, 2011 2:06 pm

Re: 11/30/2017 Live Update

Post by fehro »

Al_Dente wrote:SPY high
VIX high
WTF?
No wait, sorry, that was a few minutes back
Since then VIX dropped like a rock from 12 ish to 10.77
Maybe fehro can make sense of this :?:

someone jammed up the price of insurance to protect your gains… (supply demand .. heavy put buying?)

fwiw a 2% down move in the market will erase all "tax savings" .. so not so sure about that "hold till next year" for the "savings" :roll: :lol: take your profit on a spike up
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 11/30/2017 Live Update

Post by Al_Dente »

thanks boss :D
ps: sorry i mentioned insurance protection yesterday :roll:
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
User avatar
Cobra
Site Admin
Posts: 58269
Joined: Sat Feb 12, 2011 10:29 pm

Re: 11/30/2017 Live Update

Post by Cobra »

pullback may have small legs at least but generally should be bought eventually.
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.
Trades with cats
Posts: 8656
Joined: Sat Oct 11, 2014 4:40 pm

Re: 11/30/2017 Live Update

Post by Trades with cats »

I think put insurance buying is not in the realm of the retail investor. I think it says money manager buying at all time high to keep clients happy while protecting the downside, to keep clients happy.
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 11/30/2017 Live Update

Post by Al_Dente »

Tick and AD are easing off a bit
NYAD is +614
NY advancing stocks = 1.5 x declining stocks (should be stronger)
NY advancing volume = 1.5 x declining volume (should be stronger)
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 11/30/2017 Live Update

Post by Al_Dente »

Intraday 1min smalls
If that's a confirmed H&S, then the target is cyan
1130iwm one.png.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Trades with cats
Posts: 8656
Joined: Sat Oct 11, 2014 4:40 pm

Re: 11/30/2017 Live Update

Post by Trades with cats »

From Stock Board Assets twitter post
From Stock Board Assets twitter post
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 11/30/2017 Live Update

Post by Al_Dente »

Trades with cats wrote:
DP5uo_FW4AARHvA.jpg
boss can u post a link to his twitter feed, thanks :D
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Trades with cats
Posts: 8656
Joined: Sat Oct 11, 2014 4:40 pm

Re: 11/30/2017 Live Update

Post by Trades with cats »

https://twitter.com/StockBoardAsset
He is clearly a silver spoon guy managing money out of Baltimore.
johnnywa
Posts: 1030
Joined: Tue Aug 23, 2011 11:09 am

Re: 11/30/2017 Live Update

Post by johnnywa »

LABU blastoff today :mr :mrgreen: :mrgreen: green:
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 11/30/2017 Live Update

Post by Al_Dente »

Trades with cats wrote:https://twitter.com/StockBoardAsset
He is clearly a silver spoon guy managing money out of Baltimore.
thanks boss :D
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Trades with cats
Posts: 8656
Joined: Sat Oct 11, 2014 4:40 pm

Re: 11/30/2017 Live Update

Post by Trades with cats »

ES almost to VWAP (2645.25)
User avatar
Cobra
Site Admin
Posts: 58269
Joined: Sat Feb 12, 2011 10:29 pm

Re: 11/30/2017 Live Update

Post by Cobra »

here come the 2nd leg down as expected. now testing 15 min ema20, see any buyers here.
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
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 11/30/2017 Live Update

Post by Al_Dente »

HAPPY HOUR
fireworks.png.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Post Reply