Back to www.cobrasmarketview.com

11/30/2018 Live Update

Trades with cats
Posts: 8656
Joined: Sat Oct 11, 2014 4:40 pm

Re: 11/30/2018 Live Update

Post by Trades with cats »

K447, not waiting for it to blow up, but looking over my shoulder. Got me to be a day trader. On paper all bull markets end but this one has been fueled by so many accounting tricks that it has had a particularly slimy feel to it. GE being the current poster child. My Dad and my brother were really depressed when the dot com bubble popped, I think they thought it would never end. I have tried to learn from their mistake and am working hard at thinking in terms of cycles.
User avatar
Cobra
Site Admin
Posts: 58502
Joined: Sat Feb 12, 2011 10:29 pm

Re: 11/30/2018 Live Update

Post by Cobra »

breakout. usually cannot be trusted but maybe bears dare not hold into the weekend this time since so far seems trade war tension is easing.
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: 11/30/2018 Live Update

Post by Trades with cats »

Rip roaring close on tap. MOC imbalance 1.7 $billion to buy. Guess somebody wants to be long over the weekend. If Trump cancels tariffs until January they will be big winners!
User avatar
Cobra
Site Admin
Posts: 58502
Joined: Sat Feb 12, 2011 10:29 pm

Re: 11/30/2018 Live Update

Post by Cobra »

Trades with cats wrote:Rip roaring close on tap. MOC imbalance 1.7 $billion to buy. Guess somebody wants to be long over the weekend. If Trump cancels tariffs until January they will be big winners!
Trump should be smart enough to know he cannot win the trade war in 2 years.

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.
K447
Posts: 763
Joined: Fri Aug 26, 2011 10:43 am
Contact:

Re: 11/30/2018 Live Update

Post by K447 »

Trades with cats wrote:... MOC imbalance ...
That number can change really fast. By a lot :|
User avatar
Cobra
Site Admin
Posts: 58502
Joined: Sat Feb 12, 2011 10:29 pm

Re: 11/30/2018 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: 58502
Joined: Sat Feb 12, 2011 10:29 pm

Re: 11/30/2018 Live Update

Post by Cobra »

well, guess that's it for today. Monday has been generally bear friendly recently and the 1st trading day of Dec, also bear friendly for Nasdaq. thank you guys, I'll see you in another thread soon.

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.
K447
Posts: 763
Joined: Fri Aug 26, 2011 10:43 am
Contact:

Re: 11/30/2018 Live Update

Post by K447 »

Cobra wrote:... Monday has been generally bear friendly recently and the 1st trading day of Dec, also bear friendly for Nasdaq. thank you guys, I'll see you in another thread soon.

...
Suggestion: This 'next trading day' statistical based forecast might be more usuable if posted earlier in the day.

Since it is not dependant on how the current day's trading works out.
Post Reply