08/19/2020 Live Update

[Cobra]

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No idea up or down from here. Possible range day.

[Cobra]

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

[Heck]

MNTA Target + 109 %
From 29.15 to 60.9

+156 % Past year
JNJ takeover

[Heck]

SP.1 Sep Fut SELLING < 3,393.75

[BullBear52x]

slippery under this MA support. sell.

[Heck]

ISEE Two/Three = DOWN DOWN
Index Long Opening Undervalued PUTS Three times calls = DOWN DOWN DOWN
https://www.nasdaq.com/market-activity/isee-index

$TNX Red = DOWN

SPY SELLING < 339.61 edit

[BullBear52x]

No fear no bear, $VIX is warming up.

[Cobra]

Members only update at 10:06 am
http://www.cobrasmarketview.com/2020/08 ... ay-update/

[Cobra]

It's morning hourly filled black

[Heck]

David Rosenberg
@EconguyRosie
·
58m
Bonds still having more fun! YTD, the total return in US equities is 6.7% but 13% for the 10-Yr. The TR in the 30-Yr is 25%.

David Rosenberg
@EconguyRosie
·
2h
BofA survey shows equity sentiment back to where it was in February. Doh!

David Rosenberg
@EconguyRosie
·
17h
HD and WMT beat their numbers and both stocks closed the day lower. Sign of all the good news priced in. WMT none too bullish on back-to-school season.

[BullBear52x]

ES, grinding higher inside the channel will be the most boring trade, break out from the channel will be exciting trade.

[BullBear52x]

Cash SPX daily, about to cross bearish today, will see if the float up machine can hold on today.

[Heck]

Fund managers more optimistic on stocks than any time since pandemic began

BEARYA

[Al_Dente]

THE SHORTEST BEAR MARKET IN HISTORY.
Yesterday, SPX ATH
Measured from the previous record high on Feb. 19 to its trough on March 23, the pandemic-induced bear market lasted a mere 33 days, compared to the median age of 302 days of 20 bear markets going back to the 1920s.
https://www.reuters.com/article/us-usa- ... SKCN25E2R9

[Heck]

Stock Indices Green including $VIX

BEARYA

[BullBear52x]

The volume is like holiday volume, many trading platform were having problem or slow down last two days, today is better, wonder if no volume causing the glitch?

[Heck]

Volume lower than Christmas

BEARYA

[brokebybernacke2]

never short a dull market?

[BullBear52x]

Dollar index is improving.
my personal bias:
$USD up
Gold down
$TNX down
TLT up
SPX down

[BullBear52x]

I am a strong believer that the dollar will not crash and will remain as the world reserve currency.
No inflation sign per Macro economist. not where we are in a zero rate environment.