Back to www.cobrasmarketview.com

10/29/2014 Live Update

Post Reply
User avatar
MrMiyagi
Posts: 10343
Joined: Sun Oct 16, 2011 12:48 pm

Post by MrMiyagi »

Bears are DEAD
Top
User avatar
Cobra
Site Admin
Posts: 64721
Joined: Sat Feb 12, 2011 10:29 pm

Re: 10/29/2014 Live Update

Post by Cobra »

Al_Dente wrote:
Cobra wrote:
Al_Dente wrote:Full redlined text is here
Scroll down
http://www.zerohedge.com/news/2014-10-2 ... opes-alive
come on, summary please. you know snake cannot read. snake can only understand pictures.
:lol: :lol: :lol:
*FED ENDS THIRD ROUND OF QUANTITATIVE EASING AS PLANNED
•*FED SEES `SOLID JOB GAINS' WITH LOWER UNEMPLOYMENT
•*FED: UNDERUTILIZATION OF LABOR RESOURCES GRADUALLY DIMINISHING
•*FED REPEATS RATES TO STAY LOW FOR `CONSIDERABLE TIME'
•*FED REPEATS RISK OF BELOW-TARGET INFLATION DIMINISHED SOMEWHAT
•*FED SAYS LOWER ENERGY PRICES TO HOLD DOWN INFLATION NEAR TERM
•*KOCHERLAKOTA DISSENTS AT FOMC, SEEKING QE CONTINUATION
The attachment wtf cat_png.png is no longer available
Attachments
310914-cats-angry-cat.jpg
310914-cats-angry-cat.jpg (33.48 KiB) Viewed 6533 times

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
Top
User avatar
Cobra
Site Admin
Posts: 64721
Joined: Sat Feb 12, 2011 10:29 pm

Re:

Post by Cobra »

MrMiyagi wrote:Bears are DEAD
Attachments
BearWave.jpg

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
Top
johnnywa
Posts: 1030
Joined: Tue Aug 23, 2011 11:09 am

Re: 10/29/2014 Live Update

Post by johnnywa »

BEARS DEAD COME ON 2000 SNP
Top
fehro
Posts: 22880
Joined: Fri Sep 02, 2011 2:06 pm

Re: 10/29/2014 Live Update

Post by fehro »

SPX 60m .. watching for a hammer. VIX still weak
Attachments
Screen Shot 2014-10-29 at 11.43.01 AM.png
Top
uempel
Posts: 8685
Joined: Tue Feb 15, 2011 6:38 am

Re: 10/29/2014 Live Update

Post by uempel »

So far it looks as though SPX 1992 resistance - the solid red line - was the crucial resistance.
hjhj.png
Top
uempel
Posts: 8685
Joined: Tue Feb 15, 2011 6:38 am

Re: 10/29/2014 Live Update

Post by uempel »

BPs are unchanged:

http://stockcharts.com/freecharts/candl ... BPFINA|B|0
Top
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 10/29/2014 Live Update

Post by Al_Dente »

bear selfie
bear selfie_png.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Top
User avatar
Cobra
Site Admin
Posts: 64721
Joined: Sat Feb 12, 2011 10:29 pm

Re: 10/29/2014 Live Update

Post by Cobra »

Al_Dente wrote:bear selfie
The attachment bear selfie_png.png is no longer available
Attachments
australian-financial-review-bull-vs-bear-running-of-the-bulls-4764.jpg
australian-financial-review-bull-vs-bear-running-of-the-bulls-4764.jpg (39.15 KiB) Viewed 6506 times

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
Top
User avatar
MrMiyagi
Posts: 10343
Joined: Sun Oct 16, 2011 12:48 pm

Post by MrMiyagi »

Why did the US$ go up? Can anyone explain the correlation here?

Thanks... :?
Top
User avatar
Cobra
Site Admin
Posts: 64721
Joined: Sat Feb 12, 2011 10:29 pm

Re: 10/29/2014 Live Update

Post by Cobra »

2nd test of day low, key time.
Attachments
0.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
Top
User avatar
MrMiyagi
Posts: 10343
Joined: Sun Oct 16, 2011 12:48 pm

Post by MrMiyagi »

Cobra wrote:2nd test of day low, key time.
Wasn't low of day $196.80?
Top
thelefteyeguy
Posts: 51
Joined: Wed Feb 23, 2011 5:00 pm

Re:

Post by thelefteyeguy »

MrMiyagi wrote:Why did the US$ go up? Can anyone explain the correlation here?

Thanks... :?
printing press stopped?
Top
fehro
Posts: 22880
Joined: Fri Sep 02, 2011 2:06 pm

Re:

Post by fehro »

MrMiyagi wrote:Why did the US$ go up? Can anyone explain the correlation here?

Thanks... :?
stronger FED not adding to balance sheet, "Economy" in the FED's eyes improving… and where else can you park your dollars?.. Europe…? ahhhh.. no. Fwiw. my wild a** guess http://globaleconomicanalysis.blogspot.ca
Last edited by fehro on Wed Oct 29, 2014 3:00 pm, edited 2 times in total.
Top
User avatar
MrMiyagi
Posts: 10343
Joined: Sun Oct 16, 2011 12:48 pm

Post by MrMiyagi »

thelefteyeguy wrote:
MrMiyagi wrote:Why did the US$ go up? Can anyone explain the correlation here?

Thanks... :?
printing press stopped?
So it is now a rare item, a collectible?
Top
User avatar
finman66
Posts: 320
Joined: Mon Jun 13, 2011 11:41 pm

Re:

Post by finman66 »

MrMiyagi wrote:Why did the US$ go up? Can anyone explain the correlation here?

Thanks... :?

QE is nothing more than currency devaluation and therefore by not continuing the program or announcing a new round of easing the Fed is engaging in a "strong" dollar stance.
Top
User avatar
MrMiyagi
Posts: 10343
Joined: Sun Oct 16, 2011 12:48 pm

Post by MrMiyagi »

!!!! POWER HOUR !!!!
Top
User avatar
Cobra
Site Admin
Posts: 64721
Joined: Sat Feb 12, 2011 10:29 pm

Re:

Post by Cobra »

MrMiyagi wrote:
Cobra wrote:2nd test of day low, key time.
Wasn't low of day $196.80?
test the previous extreme, doesn't have to be exactly the same level, can be a little away.

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
Top
User avatar
Cobra
Site Admin
Posts: 64721
Joined: Sat Feb 12, 2011 10:29 pm

Re:

Post by Cobra »

MrMiyagi wrote:!!!! POWER HOUR !!!!
Attachments
angry-dog.jpg

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
Top
User avatar
quientuves
Posts: 477
Joined: Wed May 25, 2011 3:24 pm

Re: 10/29/2014 Live Update

Post by quientuves »

Mohamed A. El-Erian ‏@elerianm
FYI @FederalReserve actions as expected,including #QE3 end & cntn'd reliance on forward policy guidance.More to follow on nuances re economy
Top
Post Reply

Return to “Traders Lounge”