12/31/2012 Live Update

[Cobra]

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Happy New Year!

Flat open, so any gap will be filled.

Global ES had a 2nd test of the Friday's low and rebounding, so there're chances the current rebound would last (2 legged?). Key time now as ES now is fighting the resistance.

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2012/12 ... ay-update/

[Cobra]

This week's stock picks: viewtopic.php?f=10&t=779&p=111508#p111508

[gappy]

2013, yeah! Bring it! Peace and prosperity this year to you Maestro Cobra and esteemed board members. May the sea be smooth and the wind in the sails. http://www.youtube.com/watch?v=oNx2rH6hHog

[Cobra]

the open.

[Petsamo]

SPY YTD return is currently 13.91%. That's too high.

[StudentBill]

Does anyone remember seeing VXX and XIV having this much disparity before?

[jademann]

I have not noticed delta this much over the last year or so..

[Petsamo]

Darn, the stock market has regular hours today ?

[jademann]

you would think that with computers that they would be open 24 / 7 / 365 !

[JFR]

SPY has been trading since about 0100 am Pacific Time, with a 24 hour broker/feed.

[Cobra]

members only update at 9:55am
http://www.cobrasmarketview.com/2012/12 ... ay-update/

[Petsamo]

you would think that with computers that they would be open 24 / 7 / 365 !

I like having 17.5 hours break between trading sessions. If you want more hours for trading, there's futures trading.

[jademann]

I have never seen UVXY/SVXY trade like this. they seem BROKEN.
UVXY is usually double the percentage move of SVXY, today its HALF. And the same for VXX / XIV. Dont know what to make of it, so I am flat.. any thoughts?

Now UVXY is down 4% and SVXY is down 2% !!! and same for for VXX/XIV..

[Cobra]

resistance.

[JFR]

That was a pretty wild close on Friday.

[Petsamo]

That was a pretty wild close on Friday.

Yea, one guy saw blood in the streets

[Cobra]

trend line resistance.

[JFR]

That was a pretty wild close on Friday.

Yea, one guy saw blood in the streets

Show a chart. Rather than make a nothing comment.

[TraderJoe]

From the Business Insider;
The Two Sides Are Now Absurdly Close On A Fiscal Cliff Deal — Here's The Latest Offer
http://www.businessinsider.com/fiscal-c ... al-2012-12