Back to www.cobrasmarketview.com

08/05/2020 Live Update

User avatar
Cobra
Site Admin
Posts: 58539
Joined: Sat Feb 12, 2011 10:29 pm

08/05/2020 Live Update

Post by Cobra »

If you're StockCharts member, please do me a little favor by "vote" and the most importantly "follow" my public chart list HERE. You need "follow" only once but vote can be done everyday, so whenever you have time, please vote for me, thanks! If you're not StockCharts member, you can also help boosting my rank by clicking the link once everyday.
  • Please, again, all my calls in the daily live update is for intra-day only, they're absolutely invalid when the closing bell rings. If you're interested in the forecast for days and weeks, Please subscribe my Daily Market Report.
  • Personal attack on any board members won't be tolerated. Please limit your topic to trade related only.
  • Please no direct link to your personal web site or blog. You must post rich contents here. You can, however, put link to your personal web site or blog as your signature.
  • I'm very busy during the trading hour, so your question posted on board might not be answered. For a guaranteed answer to your question please send email to info@cobrasmarketview.com.
========================================================================================================================================================================

No idea up or down from here. Trend day possible, either up or down.
Attachments
ES60min.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.
User avatar
Cobra
Site Admin
Posts: 58539
Joined: Sat Feb 12, 2011 10:29 pm

Re: 08/05/2020 Live Update

Post by Cobra »

The members only update starts here: http://www.cobrasmarketview.com/2020/08 ... ay-update/

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.
Heck
Posts: 2535
Joined: Thu Nov 15, 2012 4:56 pm
Location: Lake Tahoe, Nevada

Re: 08/05/2020 Live Update

Post by Heck »

ND.1 Sep Fut SELLING < 11,144.00

QQQ SELLING < 271.49 edit

$TRIN 2.221 High

ISEE = DOWN

Greed Divergence with Stocks

https://money.cnn.com/data/fear-and-greed/ (Scroll to bottom)

Red close ?
Last edited by Heck on Wed Aug 05, 2020 10:46 am, edited 3 times in total.
User avatar
BullBear52x
Posts: 29596
Joined: Tue Feb 22, 2011 3:47 pm

Re: 08/05/2020 Live Update

Post by BullBear52x »

find excuse to sell, a mission of a bearish reversal candle today.
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
BullBear52x
Posts: 29596
Joined: Tue Feb 22, 2011 3:47 pm

Re: 08/05/2020 Live Update

Post by BullBear52x »

Honey hole special. Think day trade.
Attachments
1.PNG
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
BullBear52x
Posts: 29596
Joined: Tue Feb 22, 2011 3:47 pm

Re: 08/05/2020 Live Update

Post by BullBear52x »

TICK 1231 right off the gate, this will not be a smooth sell day, ADP jobs is bad, but bulls doesn't care LOL
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
BullBear52x
Posts: 29596
Joined: Tue Feb 22, 2011 3:47 pm

Re: 08/05/2020 Live Update

Post by BullBear52x »

AAPL
Attachments
1.PNG
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
Cobra
Site Admin
Posts: 58539
Joined: Sat Feb 12, 2011 10:29 pm

Re: 08/05/2020 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.
Heck
Posts: 2535
Joined: Thu Nov 15, 2012 4:56 pm
Location: Lake Tahoe, Nevada

Re: 08/05/2020 Live Update

Post by Heck »

JNJ Target + 45 %
From 47.8 to 214.89
+ 2.7 % Dividend

White House Strikes $1BN Deal With Johnson & Johnson For 100 Million COVID-19 Vaccine Doses
User avatar
Cobra
Site Admin
Posts: 58539
Joined: Sat Feb 12, 2011 10:29 pm

Re: 08/05/2020 Live Update

Post by Cobra »

Break the day high with good looking bull bar in the next couple of bars then it's an uptrend day.
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.
merryme
Posts: 561
Joined: Tue Apr 01, 2014 1:41 pm

Re: 08/05/2020 Live Update

Post by merryme »

Mr. Heck,
Would you be so kind as to walk us through the calculations that you use to determine your future valuations?
One example would be useful, like how does JNJ go from $147 to $214.
Are you using P&F charts?
Thanks.
Sharing research and ideas only, this is not trading advice.
“If people concentrated on the really important things in life, there’d be a shortage of fishing poles.” – Doug Larson
Heck
Posts: 2535
Joined: Thu Nov 15, 2012 4:56 pm
Location: Lake Tahoe, Nevada

Re: 08/05/2020 Live Update

Post by Heck »

SLV Target + 111 %
From 24.9 to 52.56
Heck
Posts: 2535
Joined: Thu Nov 15, 2012 4:56 pm
Location: Lake Tahoe, Nevada

Re: 08/05/2020 Live Update

Post by Heck »

Dow rises for fourth straight day, rallies 300 points as Disney shares surge

Mickey Mouse Market

China helped Riyadh construct facility for extracting uranium ‘yellowcake’ from uranium ore

US Navy Seizes Iran-Bound Ship Carrying Pharmaceutical Supplies Off China

Beirut Damage in Billions

Rosie: 7/8 Industry Comments Downright Downbeat

BEARYA
Last edited by Heck on Wed Aug 05, 2020 12:45 pm, edited 1 time in total.
User avatar
Cobra
Site Admin
Posts: 58539
Joined: Sat Feb 12, 2011 10:29 pm

Re: 08/05/2020 Live Update

Post by Cobra »

Consolidation, breakout likely.
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.
Heck
Posts: 2535
Joined: Thu Nov 15, 2012 4:56 pm
Location: Lake Tahoe, Nevada

Re: 08/05/2020 Live Update

Post by Heck »

ARNGF Target + 158 %
From 2.33 to 6

New Year High Today
+ 69 % YTD
Heck
Posts: 2535
Joined: Thu Nov 15, 2012 4:56 pm
Location: Lake Tahoe, Nevada

Re: 08/05/2020 Live Update

Post by Heck »

Seabreeze Limited Partners
Covers Shorts
Heck
Posts: 2535
Joined: Thu Nov 15, 2012 4:56 pm
Location: Lake Tahoe, Nevada

Re: 08/05/2020 Live Update

Post by Heck »

SPY SELLING < 332.39
Heck
Posts: 2535
Joined: Thu Nov 15, 2012 4:56 pm
Location: Lake Tahoe, Nevada

Re: 08/05/2020 Live Update

Post by Heck »

merryme wrote:Mr. Heck,
Would you be so kind as to walk us through the calculations that you use to determine your future valuations?
One example would be useful, like how does JNJ go from $147 to $214.
Are you using P&F charts?
Thanks.
Yes.
Stockcharts have three lagging indicator PnF charts, Traditional, Percentage and Dynamic ATR.
In the case of ARNGF
https://stockcharts.com/freecharts/pnf. ... NRBO[PA][D][F1!3!1.0!!2!20]
In the case of JNJ
https://stockcharts.com/freecharts/pnf. ... NRBO[PA][D][F1!3!1.0!!2!20]
SC Tutorial on PnF Basics, which date from Abacus Calculated/Charted Aristotle Olive Markets, Chinese, Indian and Japanese Rice Markets, Egyptian and Sumerian Wheat Markets
https://school.stockcharts.com/doku.php ... pnf_basics
SC Daily PnF Alerts
https://stockcharts.com/def/servlet/SC.scan?s=I.Y|TSAL[t.t_eq_s]![T.E_EQ_N]![T.E_NE_O]![as0,20,tv_gt_40000]![yj_eq_1]&report=predefalli
Good trading
:D
Last edited by Heck on Wed Aug 05, 2020 12:09 pm, edited 5 times in total.
User avatar
Cobra
Site Admin
Posts: 58539
Joined: Sat Feb 12, 2011 10:29 pm

Re: 08/05/2020 Live Update

Post by Cobra »

The very first touch of EMA20 in 2+ hours, watch for EMA buy setup.
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.
Heck
Posts: 2535
Joined: Thu Nov 15, 2012 4:56 pm
Location: Lake Tahoe, Nevada

Re: 08/05/2020 Live Update

Post by Heck »

AAPL Target + 107 %
From 435.59 to 902.97
+ 0.7 % Dividend

+ 127 % Past Year
157 % Debt/Equity

Buying Dips
Last edited by Heck on Wed Aug 05, 2020 12:10 pm, edited 1 time in total.
Post Reply