01/14/2013 Live Update

[BullBear52x]

looks like someone sneaking out the back door on TNA

[KeiZai]

And in Dell, what happened?

they move money from AAPL to tech stocks just to save the technology index? rotation?

Hopefully I am still in HPQ want it to hold for years, but looks toppy might will have to hedge it soon this squeeze looks like blow off although divergence is missing

viewtopic.php?f=2&t=747&p=106533#p106533

inverse HnS/cupandhandle have target little bit higher, but sentiment is getting overly bullish here

HPQ.png

Thanks KeiZai for posting the chart... Is 13.50 a solid support on HPQ? TIA!

You are welcome Jup did you buy NG btw? ...I hate BB because he did and me not

Definitely even if we go to iHnS MM target 18.25, 13.50 would be below 50 and 61.8 fibo so I don´t think we will go there...but if you want to buy it´s too late now imo I think this is the 1st wave and is nearing the end so wait rather for retrace, but who knows?

[uempel]

Petsamo - what happened to him Anybody know something? A gunfight? Holidays?

[Cobra]

members only update at 2:47pm
$SPY, $SPX, $AAPL
http://www.cobrasmarketview.com/2013/01 ... ay-update/

[fehro]

Apple seems to be defending that $500 mark extremely hard.

I think it has to.. other wise... H&S? also big volume vacuum below ( new chart )

[Cobra]

support.

[skittlesmds]

Apple seems to be defending that $500 mark extremely hard.

I think it has too.. other wise...

I agree with you but I do think that large gap around $425 needs to be filled sooner rather than later.

[Al_Dente]

Never in the history of ever has SPY gone very far without some QQQ support
[Flu speaking...WDIK]

Enjoy some pasta and drink some red wine - you'll be feeling better soon

[BullBear52x]

The spread between the expiring VX contract and VIX still seems too wide to me.
Not sure what's driving this but something is going on.
Wednesday am is expiration so something is gonna give.

VX VIX spread.jpg

Thanks, I am tracking XIV on the evil side by a second here. I am expecting a go evil signal soon, maybe tomorrow before Wednesday expiry?

[Al_Dente]

From the same Bloomberg link, previously posted:
“U.S. equities have traded at an average 15.5 times reported earnings since the bull market started four years ago and were at 14.8 last week... The S&P 500’s six-decade average is 16.4

I show the SPX P/E Ratio at 16.73 today, and if u use the CAPE ratio (iflation adjusted P/E Ratio), click on the “Schiller PE” just above the chart.
http://www.multpl.com/

[uempel]

Never in the history of ever has SPY gone very far without some QQQ support
[Flu speaking...WDIK]

Enjoy some pasta and drink some red wine - you'll be feeling better soon

Al, I'm not sure if QQQ can be taken at face value if aapl is still 15 or 20% of the index...

[Out of Bounds]

From the same Bloomberg link, previously posted:
“U.S. equities have traded at an average 15.5 times reported earnings since the bull market started four years ago and were at 14.8 last week... The S&P 500’s six-decade average is 16.4

I show the SPX P/E Ratio at 16.73 today, and if u use the CAPE ratio (iflation adjusted P/E Ratio), click on the “Schiller PE” just above the chart.
http://www.multpl.com/

...and I don't think earnings are going to pop up enough to sustain the stocks.

[Me XMan]

Are you short or long BB52X?

looks like someone sneaking out the back door on TNA

[Al_Dente]

Never in the history of ever has SPY gone very far without some QQQ support
[Flu speaking...WDIK]

Enjoy some pasta and drink some red wine - you'll be feeling better soon

Al, I'm not sure if QQQ can be taken at face value if aapl is still 15 or 20% of the index...

Not sure what u mean
I think aapl is still 18.5% of QQQ
Please explain boss
thx

[uempel]

Here a look at the 60 min ellipse, looks as though SPX wants to break to the upside. As for today - I'm tired and I'm off. Bye guys!

[Mr. T]

Are you short or long BB52X?

looks like someone sneaking out the back door on TNA

I would love to short TNA, but that sucker has been the strongest thing going.

[BullBear52x]

Are you short or long BB52X?

looks like someone sneaking out the back door on TNA

I shorted TNA and FAS since last week, today add on SSO and SMH to my evil basket.

[MrMiyagi]

!!!!!POWER HOUR!!!!!

[uempel]

Never in the history of ever has SPY gone very far without some QQQ support
[Flu speaking...WDIK]

Enjoy some pasta and drink some red wine - you'll be feeling better soon

Al, I'm not sure if QQQ can be taken at face value if aapl is still 15 or 20% of the index...

Not sure what u mean
I think aapl is still 18.5% of QQQ
Please explain boss
thx

When few components of an index (or of whatever) are overweighted the validity of the index can be skewed - unless the components are in line. Bell curves don't work when components distort. Take a school class, 5 kids have an IQ of 70, the other 18 show results between 100 and 120. The average of the class ain't significant. Or some other school class, young Einstein has 170 and the other guys are 100 - 120. And let's make it a small class, only 16 pupils - the average ain't significant, "the average doesn't mean anything".

[MrMiyagi]

Crude oil opinions on today's activity anyone?