Cobra's Market View

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Small gap up, so the gap might be filled.

Hard to call Global ES. Originally it's bulls who're stronger because it's bull's 1 leg up (dashed blue), then bear's 2 legged down (red arrows), those 2 legs are no match with bulls 1 leg up. However the bull's current up leg is already 2 legged (green arrows), it's no mach with bear's 1 leg down, therefore bulls are not strong too. Guess it's range market, waiting for to something come out...

Good morning folks

looks like it´s kind of SSDD day

USD/CAD with possible iH&S breakout mentioned in WW thread

Cobra, seems like a 3 push up pattern on ES overnight? No?

noob wrote:Cobra, seems like a 3 push up pattern on ES overnight? No?

not yet complete, need wait and see.

Cobra, You are AWESOME..

You posted the stock SRPT the other day, I checked it out and the option activity was VERY, VERY high.

The options were a large premium but with the stock at $15.53, I bought 5 of the 15 calls for $3.80 each.

Well, the options are not open yet but I'll make a pill of $$$

Thanks AGAIN!!!!

From Business Insider;;;

The Federal Debt Is On Track To Grow By Another $1 Trillion In Fiscal 2013, Seek precious metals..

Today begins a new fiscal year for the U.S. government. Unfortunately, a new year likely brings another trillion in federal debt to add to the mounting total.

The proportion of U.S. federal government debt held by the public reached 70% percent of the U.S. economy in fiscal year 2012, while total federal debt crossed 100%. Federal debt held by the public has doubled to $11 trillion today from roughly $5 trillion five years ago, before the financial crisis and Great Recession.

The lack of strong demand for borrowing from the private sector has helped to support demand for the soaring supply of government debt.

The big buyers of Treasuries have been foreigners, led by China, as well as the Federal Reserve (Fed) through its bond buying programs. Together, they have purchased about two-thirds of the Treasuries issued during the past five years. U.S.-based investors, retirement plans, banks, and mutual funds have also been big net buyers of Treasuries and account for almost all the rest, while state and local governments have been sellers.

A falling dollar and rising debt supply, combined with very low Treasury yields, may increasingly push investors seeking safety to Treasury alternatives such as precious metals. As China observes Golden Week, U.S. investors may take a golden opportunity to make a fiscal new year’s resolution to seek precious metals as a portfolio hedge against a further rapid rise in debt in fiscal 2013.

btw I have new types of P-bars each day before open it jumps to one point for a few seconds (so far in test mode only)

TraderJoe wrote:Cobra, You are AWESOME..

You posted the stock SRPT the other day, I checked it out and the option activity was VERY, VERY high.

The options were a large premium but with the stock at $15.53, I bought 5 of the 15 calls for $3.80 each.

Well, the options are not open yet but I'll make a pill of $$$

Thanks AGAIN!!!!

Wow the quote pre-market has that up 116%. Your options should be up what 3x or 4x or 5x? Nice going.

TraderJoe wrote:Cobra, You are AWESOME..

You posted the stock SRPT the other day, I checked it out and the option activity was VERY, VERY high.

The options were a large premium but with the stock at $15.53, I bought 5 of the 15 calls for $3.80 each.

Well, the options are not open yet but I'll make a pill of $$$

Thanks AGAIN!!!!

Thanks, but that's just auto scan, so I shouldn't be credited for your gain. I just provide info and it's you who made a prefect choice. congratulations!

p.s. I have plan to add more features for members. Stock scan is just one feature.

L_T wrote:

TraderJoe wrote:Cobra, You are AWESOME..

You posted the stock SRPT the other day, I checked it out and the option activity was VERY, VERY high.

The options were a large premium but with the stock at $15.53, I bought 5 of the 15 calls for $3.80 each.

Well, the options are not open yet but I'll make a pill of $$$

Thanks AGAIN!!!!

Wow the quote pre-market has that up 116%. Your options should be up what 3x or 4x or 5x? Nice going.

u know Cobra is the best of the best

the open.

KeiZai wrote:

L_T wrote:

TraderJoe wrote:Cobra, You are AWESOME..

You posted the stock SRPT the other day, I checked it out and the option activity was VERY, VERY high.

The options were a large premium but with the stock at $15.53, I bought 5 of the 15 calls for $3.80 each.

Well, the options are not open yet but I'll make a pill of $$$

Thanks AGAIN!!!!

Wow the quote pre-market has that up 116%. Your options should be up what 3x or 4x or 5x? Nice going.

u know Cobra is the best of the best

Stating the obvious here

the stock scans I provide every week is actually I manually picked from 200 strong stocks.

I first scan strong stocks, get around 200 from 8,000 stocks.

Then I read each chart one by one to find base and breakout setup.

So I just want you to know, it's not entirely effortless to provide such picks. It does require some chart reading experiences.

viewforum.php?f=10

Cobra wrote:

TraderJoe wrote:Cobra, You are AWESOME..

You posted the stock SRPT the other day, I checked it out and the option activity was VERY, VERY high.

The options were a large premium but with the stock at $15.53, I bought 5 of the 15 calls for $3.80 each.

Well, the options are not open yet but I'll make a pill of $$$

Thanks AGAIN!!!!

Thanks, but that's just auto scan, so I shouldn't be credited for your gain. I just provide info and it's you who made a prefect choice. congratulations!

p.s. I have plan to add more features for members. Stock scan is just one feature.

Sold them for $16.30, 428% profit in less than a week...
PLEASE Cobra, do keep posting these stocks..

I like gold pattern here, can be seen as a base and breakout setup.

Cobra wrote:

noob wrote:Cobra, seems like a 3 push up pattern on ES overnight? No?

not yet complete, need wait and see.

ES 1440 line in the sand?

Whichever way it goes today could be a big move day....

Cobra wrote:the stock scans I provide every week is actually I manually picked from 200 strong stocks.

I first scan strong stocks, get around 200 from 8,000 stocks.

Then I read each chart one by one to find base and breakout setup.

So I just want you to know, it's not entirely effortless to provide such picks. It does require some chart reading experiences.

viewforum.php?f=10

That's what I thought, take some credit Cobra! Don't be too humble.

don't like the open but normally should be a 2nd leg up.