Cobra's Market View

For those pbar followers, spotted this shortly after close last night on my schwab trading platform. Couldn't capture it there, but found it on Investor.com.

Thats a hell of a pbar....

daytradingES wrote:Market seems to be waiting for something.
Is there some particular time we get a summary of Jeromie's babble?

No. Have to wait for the chattering class to tell us what we heard.

Let me add, the Senators are making it clear that they have his back when it comes to job security. Second, neither the house or senate is interested in Zukerburg's currency.

Moving through the line up looks like the heavy hitters have struck out. Powell now dealing with climate change as I see nice up move in market.

Bears last chance here, range day it is........

Interesting differential to note between the performance of all financials (XLF, red) and the banks in the S&P 500 (KBE, pink) over the past one year

Good luck trading range crap , See you tomorrow,Peace!

ps: Cut the crap Jerome. We all know the banks own the FED. It is not independent. That’s no secret:
https://www.federalreserveeducation.org ... -functions
https://www.stlouisfed.org/in-plain-eng ... erve-banks

Al_Dente wrote:ps: Cut the crap Jerome. We all know the banks own the FED. It is not independent. That’s no secret:
https://www.federalreserveeducation.org ... -functions
https://www.stlouisfed.org/in-plain-eng ... erve-banks

like Oil cartel, FED is Bank cartel head.

BullBear52x wrote:

Al_Dente wrote:ps: Cut the crap Jerome. We all know the banks own the FED. It is not independent. That’s no secret:
https://www.federalreserveeducation.org ... -functions
https://www.stlouisfed.org/in-plain-eng ... erve-banks

like Oil cartel, FED is Bank cartel head.

Financials:
Same scale as my last % chart, but added equal-weight financials (dashed red) and Insurance (orange) ,with SPY in purple for comparison.

Interesting on this page is that XLF is overweight Berkshire at 12.79%, and JPM is the next heaviest.
https://etfdb.com/etf/XLF/

Chart for the road: for those who wonder why I only here to sell this week. Bullish percentage is waning that is the main reason. Trade well, Peace!

Free small Slurpees at 7-Eleven, 11am-7pm today.
not joking

Trades with cats wrote:

daytradingES wrote:Market seems to be waiting for something.
Is there some particular time we get a summary of Jeromie's babble?

No. Have to wait for the chattering class to tell us what we heard.

Let me add, the Senators are making it clear that they have his back when it comes to job security. Second, neither the house or senate is interested in Zukerburg's currency.

Thanks.
(Didn't know they cared about libra Thought it was a numie-nuts who got confused "Libor and Lira - po-tay-toe po-ta-toe"

miners failed at double top resistance, with lower high on re-test
5min

maybe the range high was in, but I think the pullback might be bought, bulls will try the range high again first before a pullback can be possible. let's see. I won't short range high anyway, so right or wrong, doesn't matter to me.

Al_Dente wrote:Free small Slurpees at 7-Eleven, 11am-7pm today.
not joking

Which Roman emperor said give them bread and circuses?

This phrase originates from Rome in Satire X of the Roman satirical poet Juvenal (circa AD 100). In context, the Latin panem et circenses (bread and circuses) identifies the only remaining interest of a Roman populace which no longer cares for its historical birthright of political involvement.

I think Rome was pretty close to the end then.

Paul Ryan is trending… new book…
Eg:

“Dear Paul Ryan,
I’ve always wanted to meet you.
Love,
Your Spine."

MSFT
ATH