09/16/2019 Live Update

[BullBear52x]

Ding ding ding

[Cobra]

members only update at 12:05 pm
http://www.cobrasmarketview.com/2019/09 ... ay-update/

[Heck]

From the late Bill O’Neil’s old classic:
" If the original market leaders begin to falter, and lower-priced, lower-quality, more-speculative stocks begin to move up, watch out !
When the old dogs begin to bark, the market is on its last feeble leg. Laggards can’t lead the market higher. Among the telltale signs are the poor-quality stocks that start to dominate the most-active list on market “up” days. This is simply a matter of weak leadership trying to command the market. If the best ones can’t lead, the worst certainly aren’t going to do so for very long.”

86

[Al_Dente]

Here’s a usable ratio that plots the rotation out of Growth and into Value:
$RAG:$RAV
or its converse:
$RAV:$RAG

IVE = S&P 500 Value (ratio = IVE:IVW)
IVW = S&P 500 Growth (ratio = IVW:IVE)

[Al_Dente]

From the late Bill O’Neil’s old classic: .......

86

What do you mean, boss ?

[BullBear52x]

Cash SPX Hourly update, it's in a buy and support zone, will have to give it a respect a little. Blue or green bar will get the buyers interest on this time frame. not yet atm.

[BullBear52x]

From the late Bill O’Neil’s old classic: .......

86

What do you mean, boss ?

This 86 (SPX)?

[Heck]

From the late Bill O’Neil’s old classic: .......

86

What do you mean, boss ?

This 86 (SPX)?

CANSLIM IBD broker William O'Neil very much alive at 86

[Heck]

From the late Bill O’Neil’s old classic: .......

86

What do you mean, boss ?

This 86 (SPX)?

CANSLIM IBD broker William O'Neil very much alive at 86

$SPX could go much lower than 2986

Department Head at US War College called Iran's attack on KSA 'Pearl Harbor' (BBerg)

[BullBear52x]

Cash SPX Fib, bulls need to regain above 61.8% if it wants to survive.

[Al_Dente]

............
CANSLIM IBD broker William O'Neil very much alive at 86

So sorry, thanks

[Heck]

$SPX could go much lower than 2986

Department Head at US War College called Iran's attack on KSA 'Pearl Harbor' (BBerg)[/quote]

Iran claims its missiles could hit US bases and ships within a range of 1,240 miles

Credit Suisse Group: “We have never seen a supply disruption and price response like this in the oil market.

[Heck]

............
CANSLIM IBD broker William O'Neil very much alive at 86

So sorry, thanks

All good

[BullBear52x]

What a mess, I got no clue now.

[BullBear52x]

I called it a break, sitting out now. may or may not return today. peace!

[Al_Dente]

KSA Kingdom of Saudi Arabia
The warning shot across the bow was 8/23 when KSA fell below 200sma
daily

[Al_Dente]

Why are folks obsessed with the 200sma?.
The markets are littered with breaches of the 200ma that did not cause a crash,
BUT……….
In August 2007, SPX fell below 200ma, then recovered. (Recall that October 2007 was the SPX high).
In November 2007 SPX again fell below 200ma and the rest was history.
Folks with longer memories recall that on October 16, 1987 on the eve of Black Monday, SPX fell below 200ma. There was only a one-day warning, and most/all missed it.
So, folks get very nervous under the 200sma. They lighten up a bit, and hold their breaths until SPX recovers to above 200sma.

[Al_Dente]

early HAPPY HOUR early
Fidelity:

[BullBear52x]

As I went through my chart book, $XII is telling something is crazy going on, but then again it's stockcharts.com anyone got any thought on it? other than that not much to talk about just a regular trading wit fearless market. FOR NOW Peace!

[BullBear52x]

$XII is back to normal, it drop to 90 form 1374 earlier, Hmmm

Never Mind, it's stockcharts.com