04/25/2014 Live Update

[Cobra]

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I don't know what pattern it is. I'm neutral, wait and see.

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2014/04 ... ay-update/

[DumbMoney]

GM.

[Al_Dente]

U.S. mortgage originations fell to a 14-year low of $235 billion in Q1, down 58% YOY and 23% from Q4.
"...Homeowners pulled back sharply from refinancing and house hunters showed little appetite for new loans, the latest sign of how rising interest rates have dented the housing recovery.” [WSJ]

[Cobra]

members only update at 9:50 am
http://www.cobrasmarketview.com/2014/04 ... ay-update/

[Cobra]

U.S. mortgage originations fell to a 14-year low of $235 billion in Q1, down 58% YOY and 23% from Q4.
"...Homeowners pulled back sharply from refinancing and house hunters showed little appetite for new loans, the latest sign of how rising interest rates have dented the housing recovery.” [WSJ]

Hmm, should be a good news to stock market. We can always go QE, cannot we?

[Cobra]

vol surge, biggest red bar, so might see rebound here first, then we'll see.

[jademann]

Are we forming a dome which ends at 1740!?!

http://finance.yahoo.com/echarts?s=%5EG ... C;range=3m

[Al_Dente]

U.S. mortgage originations fell to a 14-year low of $235 billion in Q1, down 58% YOY and 23% from Q4.
"...Homeowners pulled back sharply from refinancing and house hunters showed little appetite for new loans, the latest sign of how rising interest rates have dented the housing recovery.” [WSJ]

Hmm, should be a good news to stock market. We can always go QE, cannot we?

[TraderGirl]

Price has been known to cascade lower on this pattern (unless support can hold) .....and internals are not so strong today....

[Al_Dente]

NY decliners 2000
Down-to-up volume ratio 3.6-to-1 bears

[L_T]

Click thumbnail of the pdf document for free report from Bespoke. If you like data/charts (who doesn't?) you'll like this.

http://www.bespokeinvest.com/thinkbig/2 ... ineup.html

[soku]

Price has been known to cascade lower on this pattern (unless support can hold) .....and internals are not so strong today....

you made me think of a chart i saw yesterday

[L_T]

Dear Tradeking: you suck. When I want to enter an order this is not what I should see:

[L_T]

Price has been known to cascade lower on this pattern (unless support can hold) .....and internals are not so strong today....

you made me think of a chart i saw yesterday

I'm sitting at my desk laughing at that.

[Cobra]

members only update at 10:09 am
http://www.cobrasmarketview.com/2014/04 ... ay-update/

[Xian]

Dear Tradeking: you suck. When I want to enter an order this is not what I should see:

[Cobra]

3 push down, so probably 2 legged rebound here?

[Xian]

For my main Pasta, saw this on the Bespoke twitter machine last night and thought of a brother:

"bespokeinvest: Apple hasn't been this 'overbought' in 11 years (5/6/03)- as measured in standard deviations above 50-DMA (3.98) $AAPL"

Yeah, no wonder we couldn't find it yesterday

[fehro]

SPX 15m.. possible red channel support