01/30/2015 Live Update

[hunterman]

Del, I also expect it to be brief and original timing had sometime next week for it to be in. Respect your bb analysis, I just see what I see and only offering my pov...if what I see occurs, it will be pretty bad in next week and may bleed into second week in Feb...I also hope it is shortened period as I will be going all in if it is capitulation time

[fehro]

Internals a tad weak

[fehro]

SPX ..possible support on green.. short term..

[brucekeller]

Glad I bought that $AMZN put this morning... got it when $AMZN was $346 though, should have waited until about $350, d'oh.

Also super glad I went cash in my 401k yesterday.

[Out of Bounds]

It's not going to hold.

[Daniel]

Small addl glimmer of hope for bulls, short-interm timeframe.

Renko of BP-NDX just turned slitely positive. BUY.

Renko of BP-SPX still neg. SELL.

[Out of Bounds]

Glad I bought that $AMZN put this morning... got it when $AMZN was $346 though, should have waited until about $350, d'oh.

Also super glad I went cash in my 401k yesterday.

I went cash mid-December in my retirement accounts. The guy that manages them thinks I am nuts.

We will see.

[Cobra]

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

[Tutti]

Seriously, who pays $50 for SHAK. Market cap of a small chain burger joint would be north of 2 billion pricing in 10 years of growth in 1 hour. Yep, people have lost their minds...

[Junior Buffett]

It's not going to hold.

Haha...only problem is that BULLS have horns and they can crush anything, anytime!

[fehro]

...another 2 weeks of bear is saying were in a 2008 situation, which were not.
but sure, we could have more down in the coming days. if we do i expect it to be brief.

4th week testing 20w SMA @ 2017.. a close below could be a game changer.. not to say we break the green channel and then spend weeks creeping up the underside of it..

[cletus]

The Black Scholes pricing model I use for options suggests based on current pricing of weekly options the QQQ should close around 102.86. This is literally the first time I've ever tried this so don't act on it. We'll check back later to see how it did.

[Daniel]

Both Naz and NYSE up/down vol remain weak.

Naz advancers are anemic.

EOM adjustments, window-dressing, re-balancings, and periodic moneyflows make for erratic patterns on the last couple days of a month, nowadays.

[fehro]

SPX.. possible H&S neckline retest 1m.. hourly candle will be of interest… VIX looks like it may be pausing ..

[Daniel]

The Black Scholes pricing model... We'll check back later to see how it did.

Thx. Cletus. This kind of sharing and experimentation is what makes Cobra's board special. And Cobra is most of all what makes this board special.

Yest. I posted a brief note that the January 'barometer', the past few years, has been positive or at least ambiguous. Some widely-watched Indicators become self-referential, self-fulfilling prophecy.

If January ends with a strong red monthly candle, will there be "anticipatory selloff?"

[fehro]

SPX monthly candle today.

[Xian]

It's not going to hold.

Haha...only problem is that BULLS have horns and they can crush anything, anytime!

In the photo please note what is happening to the people front running the bulls.

Sick kid today. Up and down most all night. Don't think it's going to be much of a work day.

[Out of Bounds]

RUSSELL breadth is at new LOD

[Al_Dente]

January performance
year-to-date

[fehro]

SPX ..could wedge up for the lunch hour…VIX indecisive…