01/31/2013 Live Update

Post by **Cobra** » Thu Jan 31, 2013 9:59 am

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Small gap down below yesterday's low, so not sure if the gap would be filled or not.

Global ES favors bears. It's a breakdown of a rising wedge then consolidating overnight which more likely means continuation.

Post by **Cobra** » Thu Jan 31, 2013 10:03 am

members only update starts here: http://www.cobrasmarketview.com/2013/01 ... ay-update/

Harapa · Post by **Harapa** » Thu Jan 31, 2013 10:05 am

Momentum Block

Global Equity Futures: Mixed (European_Bullish, US_LgCap_Bullish, SmCap_Bearish)

Key Currency Pairs: Neutral (2/2 bullish/bearish)
SP500 futures next support is ~1485

Al_Dente · Post by **Al_Dente** » Thu Jan 31, 2013 10:06 am

Good morning Cobra

Bill Luby yesterday
“VXX and VXZ Celebrate Fourth Birthday”
http://vixandmore.blogspot.com/2013/01/ ... nd+More%29

KeiZai · Post by **KeiZai** » Thu Jan 31, 2013 10:08 am

GM boardies

DAX?

decline is corrective so far

TraderJoe · Post by **TraderJoe** » Thu Jan 31, 2013 10:11 am

I sure wish I was short CLSN

KeiZai · Post by **KeiZai** » Thu Jan 31, 2013 10:14 am

Russell on MA21, will cover,buy (scalp) dip and reshort higher

Al_Dente · Post by **Al_Dente** » Thu Jan 31, 2013 10:16 am

bill gross:
“Transition from financial to real assets if possible at the margin…Buy something you can sink your teeth into - gold, other commodities, anything that can’t be reproduced as fast as credit.”
“Inflation for the 12 months ending in November was 1.4 percent, according to the Fed’s preferred gauge. That’s below the central bank’s longer-run target of 2 percent. Investors expect inflation of 2.3 percent over the next five years, as measured by the spread between yields of five-year TIPS and nominal notes.”
http://www.bloomberg.com/news/2013-01-3 ... nergy.html

Treasurys have broken critical long-term support
I’m expecting an oversold bounce before they head lower

Wallstreetrader · Post by **Wallstreetrader** » Thu Jan 31, 2013 10:27 am

GM

End of moth don't forget

.

Post by **Cobra** » Thu Jan 31, 2013 10:30 am

the open.

L_T · Post by **L_T** » Thu Jan 31, 2013 10:34 am

Anyone have a chart of the Credit Suisse Fear Barometer they can post? I can't find one. Thanks.

Unique · Post by **Unique** » Thu Jan 31, 2013 10:36 am

we didn't get to 149.5 yesterday, must make it today...

Al_Dente · Post by **Al_Dente** » Thu Jan 31, 2013 10:49 am

[deleted]

Al_Dente · Post by **Al_Dente** » Thu Jan 31, 2013 10:50 am

JJC trying to test double top today
and broke down (?)

“…the lagging participation of copper could be the canary in the coal mine that points to economic disappointment in the months ahead…”
http://seekingalpha.com/article/1140271 ... view&ifp=0

Post by **Cobra** » Thu Jan 31, 2013 10:51 am

resistance.

chetas · Post by **chetas** » Thu Jan 31, 2013 10:53 am

the infant mortality rate among bears so high,

the good think is , mortality rate is now 100%, it cannot get any worse right

ClarkW · Post by **ClarkW** » Thu Jan 31, 2013 10:54 am

Al_Dente wrote:JJC trying to test double top today
and broke down (?)

“…the lagging participation of copper could be the canary in the coal mine that points to economic disappointment in the months ahead…”
http://seekingalpha.com/article/1140271 ... view&ifp=0

Is copper more of a indicator for China's economy or ours? I remember hearing people talk for a couple years now China's consumption of copper has surpassed us. But could easily be wrong on that

Al_Dente · Post by **Al_Dente** » Thu Jan 31, 2013 10:54 am

currency pairs

SigmaEcho · Post by **SigmaEcho** » Thu Jan 31, 2013 10:59 am

Cobra wrote:resistance.

"this bull has legs" ?

Post by **Cobra** » Thu Jan 31, 2013 10:59 am

members only update at 9:59am
http://www.cobrasmarketview.com/2013/01 ... ay-update/

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