01/30/2019 Live Update

[BullBear52x]

common chart pattern

[BullBear52x]

Mid day bears can not lose, profit taking line or 56 or before Fed minutes.

[QED]

$BDI History.png

From Sentiment Trader on Twitter, a very Cobra like look at $BDI as an indicator. I will quibble that things are not as they were in international trade so I do think the past is not a good road map on this one. I would just call it a fun fact.

Dr. Alexander Elder was on StockCharts TV today, and he said that the $BDI is a leading indicator. So I guess it is.
He also believes that the market "should" make an attempt to retest the December lows. His reason is interesting!

.

[Al_Dente]

Attention: HAPPY HOUR WILL BE ONE HOUR EARLY TODAY, starting at 2:00 ET

[Al_Dente]

link to Powell press conference at 2:30
https://www.youtube.com/watch?v=GfsyZJh1qXs

[Cobra]

show time. well, at least the pullback was bought.

[Al_Dente]

FOMC statement
https://www.federalreserve.gov/newseven ... 90130a.htm

[Cobra]

members only update at 3:05 pm
http://www.cobrasmarketview.com/2019/01 ... ay-update/

[Al_Dente]

EARNINGS, etc.:
TODAY after the close: MSFT (MSFT is the heaviest weight in SPY), V, QCOM, TSLA, FB
TOMORROW, THURSDAY before the open: MA, NOK, UPS….. and after the close: AMZN
...also Jobless Claims, Chicago PMI

February Almanac: Small-Caps Tend to Outperform
http://jeffhirsch.tumblr.com/post/18228 ... outperform

[Al_Dente]

powell was trending, and zh contributed this:

[Trades with cats]

So if we end as a spike over the 2019 high with a fall back below by the close what will they write about tonight and tomorrow morning?

[Al_Dente]

Q: Did you just place a POWELL PUT on the market?
A: bla bla bla I am not a lapdog

[BullBear52x]

Very good speech, gain +15 points. from 2660 to 2675 as I am writing here.

a great speech will lift the market 50 points.

I will take some time off into next week, good luck everyone. see you next week, the hard time is behind us now.

[Al_Dente]

So if we end as a spike over the 2019 high with a fall back below by the close what will they write about tonight and tomorrow morning?

January Barometer?

[Trades with cats]

Oh! I forgot about the January as setting the tone for the year thing.

I am predicting that to get the stock up Elon Musk will announce that they have mastered cold fusion and the new nuclear powered super charging stations will revolutionize things, especially on Mars.

[Cobra]

members only update at 3:50 pm
http://www.cobrasmarketview.com/2019/01 ... ay-update/

[Cobra]

well, guess that's it for today. Thursday tomorrow has been a little bear friendly recently. 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