Back to www.cobrasmarketview.com

02/20/2018 Live Update

User avatar
Cobra
Site Admin
Posts: 58344
Joined: Sat Feb 12, 2011 10:29 pm

Re: 02/20/2018 Live Update

Post by Cobra »


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.
fehro
Posts: 22880
Joined: Fri Sep 02, 2011 2:06 pm

Re: 02/20/2018 Live Update

Post by fehro »

buckle up… dabble short here SPX 2732.50 LOD goes looking for insane target of 2663
Attachments
Screen Shot 2018-02-20 at 9.52.20 AM.png
Trades with cats
Posts: 8656
Joined: Sat Oct 11, 2014 4:40 pm

Re: 02/20/2018 Live Update

Post by Trades with cats »

ES 2727 is the VWAP zone for now. The drop corresponded to the last Treasury auction for today. Wondering if we slop around all week as the Treasury finds a quarter trillion dollars.
User avatar
Cobra
Site Admin
Posts: 58344
Joined: Sat Feb 12, 2011 10:29 pm

Re: 02/20/2018 Live Update

Post by Cobra »

I have a dream? range day, target is near day low generally though.
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.
fehro
Posts: 22880
Joined: Fri Sep 02, 2011 2:06 pm

Re: 02/20/2018 Live Update

Post by fehro »

Cobra wrote:I have a dream? range day, target is near day low generally though.
need AAPL's help :roll:
Attachments
Screen Shot 2018-02-20 at 11.51.16 AM.png
fehro
Posts: 22880
Joined: Fri Sep 02, 2011 2:06 pm

Re: 02/20/2018 Live Update

Post by fehro »

fehro wrote:
Cobra wrote:I have a dream? range day, target is near day low generally though.
need AAPL's help :roll:
who is the cheeky one? :roll: :lol:
Attachments
Screen Shot 2018-02-20 at 11.57.06 AM.png
User avatar
Cobra
Site Admin
Posts: 58344
Joined: Sat Feb 12, 2011 10:29 pm

Re: 02/20/2018 Live Update

Post by Cobra »

testing day low as expected. now see how my dream becomes, I say it has chances.
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.
brokebybernacke2
Posts: 1955
Joined: Wed Sep 21, 2011 10:10 am

Re: 02/20/2018 Live Update

Post by brokebybernacke2 »

fehro wrote:buckle up… dabble short here SPX 2732.50 LOD goes looking for insane target of 2663
yea, i don't like the feel of this market right now...sneaky slippery...on my toes..fed minutes tomorrow...
fehro
Posts: 22880
Joined: Fri Sep 02, 2011 2:06 pm

Re: 02/20/2018 Live Update

Post by fehro »

brokebybernacke2 wrote:
fehro wrote:buckle up… dabble short here SPX 2732.50 LOD goes looking for insane target of 2663
yea, i don't like the feel of this market right now...sneaky slippery...on my toes..fed minutes tomorrow...
come to papa :roll: :lol: ugliness
Attachments
Screen Shot 2018-02-20 at 12.27.28 PM.png
Trades with cats
Posts: 8656
Joined: Sat Oct 11, 2014 4:40 pm

Re: 02/20/2018 Live Update

Post by Trades with cats »

My operating thesis for last Wednesday through Friday was the options market makers pining the market so they didn't have to eat it on all that insurance that was grabbed as prices plunged. I am thinking today validates that theory.

For this week it has to be all about finding that 1/4 trillion in cash for the US Treasury. Again the primary dealers are obligated to buy what ever doesn't sell. So my operating thesis is they will abuse the heck out of their stock buy back desks to keep things from triggering a major risk parity de-leveraging.

I don't know when the pension funds re-balance, so I will guess the last week of the month, so the first three days of next week could be dicey.

But I don't care about next week as I am on vacation . :)
User avatar
Cobra
Site Admin
Posts: 58344
Joined: Sat Feb 12, 2011 10:29 pm

Re: 02/20/2018 Live Update

Post by Cobra »


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: 58344
Joined: Sat Feb 12, 2011 10:29 pm

Re: 02/20/2018 Live Update

Post by Cobra »

well, guess that's it for today. Wednesday tomorrow has been mixed 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
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.
Daniel
Posts: 3482
Joined: Fri Feb 10, 2012 4:27 pm

Re: 02/20/2018 Live Update

Post by Daniel »

SPY closed near the overnite ES lows (-20 or so).

NYSE down volume exceeded UP by about 2.5:1 and Naz was about even, just slightly neg.
NYSE and Naz advancers were both just under 1000, and well off the hod (but not at the low).

According to Stock Trader's Almanac, last Friday and today are typically mildly-bearish days. We'll see what tomorrow brings.
Post Reply