Back to www.cobrasmarketview.com

   

12/01/2017 Live Update

Re: 12/01/2017 Live Update

Postby Al_Dente » Fri Dec 01, 2017 12:12 pm

OIL
It took two+ months, but the inverse H&S target was finally met a few days ago at almost 60, then I thought it would pull back a bit.
This is EOD as of yesterday’s close, but I think today WTI is about 59-ish [?] again

121wtic.png.png
User avatar
Al_Dente
 
Posts: 18791
Joined: Thu Jul 21, 2011 2:29 pm

Re: 12/01/2017 Live Update

Postby Al_Dente » Fri Dec 01, 2017 12:13 pm

bloomberg moments ago:
flynn MAY (MIGHT) testify against trump
User avatar
Al_Dente
 
Posts: 18791
Joined: Thu Jul 21, 2011 2:29 pm

Re: 12/01/2017 Live Update

Postby te_fern » Fri Dec 01, 2017 12:14 pm

Flynn?
te_fern
 
Posts: 808
Joined: Tue Nov 24, 2015 3:35 pm

Re: 12/01/2017 Live Update

Postby te_fern » Fri Dec 01, 2017 12:15 pm

Al_Dente wrote:bloomberg moments ago:
flynn MAY (MIGHT) testify against trump


Pasta Boss, that's what I'm seeing too....
te_fern
 
Posts: 808
Joined: Tue Nov 24, 2015 3:35 pm

Re: 12/01/2017 Live Update

Postby Cobra » Fri Dec 01, 2017 12:16 pm

wow, tax bill passed/failed?
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: 38198
Joined: Sat Feb 12, 2011 10:29 pm

Re: 12/01/2017 Live Update

Postby Al_Dente » Fri Dec 01, 2017 12:17 pm

te_fern wrote:
Al_Dente wrote:bloomberg moments ago:
flynn MAY (MIGHT) testify against trump


Pasta Boss, that's what I'm seeing too....

“Flynn prepared to testify against Trump, ABC reports”
Via bloomb
User avatar
Al_Dente
 
Posts: 18791
Joined: Thu Jul 21, 2011 2:29 pm

Re: 12/01/2017 Live Update

Postby Daniel » Fri Dec 01, 2017 12:17 pm

Fairly rapid reversal in dollar too; UUP pressing fresh lod
Daniel
 
Posts: 2165
Joined: Fri Feb 10, 2012 4:27 pm

Re: 12/01/2017 Live Update

Postby te_fern » Fri Dec 01, 2017 12:17 pm

3 minute oil futures today....
Attachments
Oil -Tradingview.PNG
te_fern
 
Posts: 808
Joined: Tue Nov 24, 2015 3:35 pm

Re: 12/01/2017 Live Update

Postby johnnywa » Fri Dec 01, 2017 12:21 pm

te_fern wrote:3 minute oil futures today....

Fuckery,why would they release during tax vote,snapback rally IF passes
johnnywa
 
Posts: 1020
Joined: Tue Aug 23, 2011 11:09 am

Re: 12/01/2017 Live Update

Postby te_fern » Fri Dec 01, 2017 12:24 pm

3 minute gold futures...
Attachments
Gold Futures.PNG
te_fern
 
Posts: 808
Joined: Tue Nov 24, 2015 3:35 pm

Re: 12/01/2017 Live Update

Postby Al_Dente » Fri Dec 01, 2017 12:25 pm

“Flynn has agreed to cooperate with prosecutors in Russia probe”
[bloomb, now]
User avatar
Al_Dente
 
Posts: 18791
Joined: Thu Jul 21, 2011 2:29 pm

Re: 12/01/2017 Live Update

Postby te_fern » Fri Dec 01, 2017 12:26 pm

and for the youngsters around here, Bitcoin. Interesting that it didn't move much. Don't know if there is a delay on this one...
Attachments
Bitcoin futures.PNG
te_fern
 
Posts: 808
Joined: Tue Nov 24, 2015 3:35 pm

Re: 12/01/2017 Live Update

Postby Daniel » Fri Dec 01, 2017 12:26 pm

Anybody on this board have confidence in their reporting service, and its pinning of a price on that recent spike low on SPY?

. . . . .

(obsolete)
Last edited by Daniel on Fri Dec 01, 2017 12:34 pm, edited 2 times in total.
Daniel
 
Posts: 2165
Joined: Fri Feb 10, 2012 4:27 pm

Re: 12/01/2017 Live Update

Postby Cobra » Fri Dec 01, 2017 12:26 pm

now we finally understood why despite the market was up and up and up VIX was up and up and up too. Big guys knew far more ahead of us.

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: 38198
Joined: Sat Feb 12, 2011 10:29 pm

Re: 12/01/2017 Live Update

Postby Al_Dente » Fri Dec 01, 2017 12:28 pm

VIX hit 14 few minutes ago
User avatar
Al_Dente
 
Posts: 18791
Joined: Thu Jul 21, 2011 2:29 pm

Re: 12/01/2017 Live Update

Postby te_fern » Fri Dec 01, 2017 12:30 pm

Levered small caps are giving the tax bill back now....
Attachments
TNA.PNG
te_fern
 
Posts: 808
Joined: Tue Nov 24, 2015 3:35 pm

Re: 12/01/2017 Live Update

Postby Al_Dente » Fri Dec 01, 2017 12:31 pm

Michael Flynn promised "full cooperation to the Mueller team" and is prepared to testify that as a candidate, Donald Trump "directed him to make contact with the Russians."
http://www.zerohedge.com/news/2017-12-0 ... cks-plunge

[add on: LOGAN ACT summary at the link above]
Last edited by Al_Dente on Fri Dec 01, 2017 12:33 pm, edited 1 time in total.
User avatar
Al_Dente
 
Posts: 18791
Joined: Thu Jul 21, 2011 2:29 pm

Re: 12/01/2017 Live Update

Postby te_fern » Fri Dec 01, 2017 12:32 pm

Al_Dente wrote:Michael Flynn promised "full cooperation to the Mueller team" and is prepared to testify that as a candidate, Donald Trump "directed him to make contact with the Russians."
http://www.zerohedge.com/news/2017-12-0 ... cks-plunge


And we know what Donald will say about that.....
te_fern
 
Posts: 808
Joined: Tue Nov 24, 2015 3:35 pm

Re: 12/01/2017 Live Update

Postby Daniel » Fri Dec 01, 2017 12:32 pm

Cobra wrote:Big guys knew far more ahead of us.

Heard an interview on Bloomberg recently with a law professor specializing in racketeering trials. He said the Special Prosecutor is using standard organized crime tactics. Gather the obviously-guilty small fish, and start “rolling them up” as the phrase goes. Roll them up as high as it goes, and as high as they are willing to go. It’s a long slow process, with occasional successes.

So it’s very likely that progress in this process could be leaking out of the prosecutor’s office.
Daniel
 
Posts: 2165
Joined: Fri Feb 10, 2012 4:27 pm

Re: 12/01/2017 Live Update

Postby Trades with cats » Fri Dec 01, 2017 12:33 pm

ES 12-17 (1000 Tick) 2017_12_01.png

My 1,000 transactions per bar chart is averaging 10 seconds per bar since the drop started. The spike low was at 11:14:07 to 11:14:11 eastern. My chart is in Mountain. The first drop bar was at 11:07:57 and lasted 20 seconds.
Trades with cats
 
Posts: 3969
Joined: Sat Oct 11, 2014 4:40 pm

PreviousNext

Return to Traders Lounge

Who is online

Users browsing this forum: Bing [Bot], te_fern and 13 guests