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07/29/2020 Live Update

07/29/2020 Live Update

Postby Cobra » Wed Jul 29, 2020 9:24 am

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No idea up or down from here. Probably a range day.
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Re: 07/29/2020 Live Update

Postby Heck » Wed Jul 29, 2020 9:27 am

Bailouts create moral hazard and zombie companies

Boeing Posts Massive Loss, Burns $5.3 Billion As Aircraft Production Slows And Debt Explodes

Consumer Confidence Declined Sharply in July… Outlook Crashes

Imminent Eviction Wave

Monetary expansion inflates asset prices, squeezes working and middle classes, leads to core deflationary impact on the economy

There is no free lunch (Robert Heinlein)

US Atlanta Fed GDPNow Q2: -32.1% (prev -34.3%)

SP.1 Sep Fut SELLING < 3,257.00 edit

Tomorrow could be very interesting
Last edited by Heck on Wed Jul 29, 2020 4:08 pm, edited 14 times in total.
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Re: 07/29/2020 Live Update

Postby Cobra » Wed Jul 29, 2020 9:29 am

The members only update starts here: http://www.cobrasmarketview.com/2020/07 ... ay-update/

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Re: 07/29/2020 Live Update

Postby Heck » Wed Jul 29, 2020 9:36 am

Nike Cancels Plans To Build Manufacturing Plant In Arizona That Would Have Created More Than 500 Jobs

NKE Target - 11 %
From 96.86 to 85.85
- 1 % Dividend

120 % Debt/Equity
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Re: 07/29/2020 Live Update

Postby Al_Dente » Wed Jul 29, 2020 9:41 am

note KODK
(on the news last night, will launch Kodak Pharmaceuticals)
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Re: 07/29/2020 Live Update

Postby Cobra » Wed Jul 29, 2020 10:12 am


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Re: 07/29/2020 Live Update

Postby Al_Dente » Wed Jul 29, 2020 10:13 am

[7/28 BBC news]
Since MacKenzie divorced Jeff Bezos, she has given $1.7bn to charity to date.
She has made donations to historically black US colleges, climate change groups and health organisations. Her $20m gift to Tuskegee University, a historically black college, is the largest in the school's history. She has given more than $580,000 to racial justice organisations and nearly $400,000 to groups aimed at advancing economic mobility, gender equality, global development and LGBTQ equality.
According to Forbes, she is the second-richest woman in the world, with a fortune of more than $62bn.

"There's no question in my mind that anyone's personal wealth is the product of a collective effort, and of social structures which present opportunities to some people, and obstacles to countless others," she wrote in a blog post
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Re: 07/29/2020 Live Update

Postby Al_Dente » Wed Jul 29, 2020 10:28 am

Tech antitrust hearing 12pm ET
FOMC will issue its latest policy statement at 2:00 p.m. ET, followed by Powell's virtual news conference 30 minutes later.
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Re: 07/29/2020 Live Update

Postby Heck » Wed Jul 29, 2020 10:30 am

Al_Dente wrote:note KODK
(on the news last night, will launch Kodak Pharmaceuticals)


Re: 07/28/2020 Live Update
Postby Heck » Tue Jul 28, 2020 8:37 am

KODK Target + 197 %
From 9.22 to 27.36

Underestimated target
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Re: 07/29/2020 Live Update

Postby Al_Dente » Wed Jul 29, 2020 10:35 am

Quite often, not always
When FANGs+ do not confirm the intraday SPX high (like now), the SPX turns down
(hard to monitor at the moment as stockcharts is unstable today)
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Re: 07/29/2020 Live Update

Postby Heck » Wed Jul 29, 2020 10:49 am

Investors pulling $900 M from Anthony Scaramucci's SkyBridge

After rocky performance and SELL recommendation from Merrill Lynch
Last edited by Heck on Wed Jul 29, 2020 11:37 am, edited 1 time in total.
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Re: 07/29/2020 Live Update

Postby Heck » Wed Jul 29, 2020 10:51 am

QQQ SELLING < 260.66

Bezos, Musk, Zuckerberg 'made' $115 B this year, say Big Tech Not Powerful

US "Tech Giants" Don't Actually Produce Anything

Both DOJ Hearing parties startiing with D Chair Cicilline citing Anti-American, Anti-Competitive biased censorship practices, data and privacy violations like Geo-fence warrantless violations, and stealing content and intellectual property by Tech Titans

OH Jordan cited numerous examples of censorship against conservatives, then was overruled by Chair Cicilline asking for member of Constitutional Sub-Committee of Judiciary to be seated

FL Steube cited example of Conservative Gateway Pundit shadowban by GOOGL and Conservative campaign emails being disappeared as junk and spam
Last edited by Heck on Wed Jul 29, 2020 3:08 pm, edited 7 times in total.
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Re: 07/29/2020 Live Update

Postby Al_Dente » Wed Jul 29, 2020 10:52 am

zh reports that "Kodak Halted 10 Times"
KODK

Robinhood buying, Fidelity traders buying, and more
https://eresearch.fidelity.com/eresearc ... ders.jhtml
Last edited by Al_Dente on Wed Jul 29, 2020 10:54 am, edited 1 time in total.
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Re: 07/29/2020 Live Update

Postby Heck » Wed Jul 29, 2020 10:54 am

Index Long Opening Undervalued PUTS twice calls = DOWN DOWN

https://www.nasdaq.com/market-activity/isee-index
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Re: 07/29/2020 Live Update

Postby Cobra » Wed Jul 29, 2020 10:57 am

Testing yesterday's high, breakout with strong bull bar would mean uptrend day until 2 pm roller coaster show.
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Re: 07/29/2020 Live Update

Postby Al_Dente » Wed Jul 29, 2020 11:00 am

stockcharts says their ACP charts are not affected
this is 15min
729acp.png.jpg
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Re: 07/29/2020 Live Update

Postby Heck » Wed Jul 29, 2020 11:19 am

ARNGF Target + 86 %
From 1.954 to 3.64
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Re: 07/29/2020 Live Update

Postby Al_Dente » Wed Jul 29, 2020 11:25 am

Intraday KODK
the dashes are where trading halted (Schwab chart)
that huge gap is intraday, when the stock re-opened
729kodk.png.jpg
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Re: 07/29/2020 Live Update

Postby Heck » Wed Jul 29, 2020 11:27 am

MRNA Target - 25 %
From 82.82 to 62.04

https://www.globalresearch.ca/kennedy-j ... ds/5719566
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Re: 07/29/2020 Live Update

Postby Cobra » Wed Jul 29, 2020 11:32 am

Breakout, real or not real, doesn't matter, I won't chase because the roller coaster show is at 2 pm.
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