07/21/2015 Live Update

[Cobra]

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Very small double top. Too small to be a real threat to bulls.

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2015/07 ... ay-update/

[daytradingES]

looking for a down day

[Unique]

TSLA: They gap it down after the Extreme Overbought Signal yesterday...lol giving no entry. Gonna look to BTFD at open if 5/15m reversal bar bull.
Target may be 1h 20ema = 275.26 current, see how it opens

[fehro]

SPX... nothing 's change.. mind the break of the trends, open gap to the downside and trends to the upside.

[fehro]

INDEX day... as per IBM.. INDU testing 50d red

[Unique]

TSLA too weak, immediate = 267.88 then daily 20ema = 266.15

[Cobra]

members only update at 10:04 am
http://www.cobrasmarketview.com/2015/07 ... ay-update/

[Unique]

TSLA:
5m micro double bottom candle, key time for bulls continuation need 273 again. This is what I get for not playing GOOGL today. Chose hard money over easy money

[fehro]

@ neckline... minor H&S target 2120

[Cobra]

double bottom or mm, key time.

[fehro]

AAPL feeling a little heat

[Junior Buffett]

Hello Gang!

While we wait for this old bull to die..I was wondering if anyone wants to share their thoughts and ideas on Canadian real estate market.

I think recent cut in interest rate has given little more boost to property prices and will continue help going forward. The way BOC used wording, it is unlikely that they will raise interest rate till early 2017. That gives nice little 2 year and change for increased in property value..and like in stock market last leg can give very attractive return!

Am I too optimistic?

Looking forward to hear back!

Cheers
JB

[Heck]

Day 2
All three ISE Indices = SELL
https://www.ise.com/market-data/isee-index/

[Unique]

TSLA hourly:

Hourly scale, fairly important for bulls to defend this throwback 267.88 zone

Possible overshoot = daily 20ema 266.10

[jademann]

Hello Gang!

While we wait for this old bull to die..I was wondering if anyone wants to share their thoughts and ideas on Canadian real estate market.

I think recent cut in interest rate has given little more boost to property prices and will continue help going forward. The way BOC used wording, it is unlikely that they will raise interest rate till early 2017. That gives nice little 2 year and change for increased in property value..and like in stock market last leg can give very attractive return!

JB

Watch USD/CDN. If it goes up even further from here the Canadian housing market should remain supported.
Whats a GTA house?

[Cobra]

Hello Gang!

While we wait for this old bull to die..I was wondering if anyone wants to share their thoughts and ideas on Canadian real estate market.

I think recent cut in interest rate has given little more boost to property prices and will continue help going forward. The way BOC used wording, it is unlikely that they will raise interest rate till early 2017. That gives nice little 2 year and change for increased in property value..and like in stock market last leg can give very attractive return!

Am I too optimistic?

Looking forward to hear back!

Cheers
JB

Buy a GTA house, you have to add min $100,000 on the top of ask price to win the bid war. And all houses listed almost sold within days. The average detached house price in Toronto area is 1.1M while the average household income of Torontonian is less than 80K. The down payment has to be 25% min for 2nd house, so for a 1M house, you need 250K, say, your income is 80K, the max bank can lend you is 80 * 4 = 320K, 250 + 320 = 570K, you still need 430K. I wonder how the common people get those 430K. The conclusion, house price is lifted by international money inflow such as JB

[Unique]

Hello Gang!

While we wait for this old bull to die..I was wondering if anyone wants to share their thoughts and ideas on Canadian real estate market.

I think recent cut in interest rate has given little more boost to property prices and will continue help going forward. The way BOC used wording, it is unlikely that they will raise interest rate till early 2017. That gives nice little 2 year and change for increased in property value..and like in stock market last leg can give very attractive return!

Am I too optimistic?

Looking forward to hear back!

Cheers
JB

Depends on how much property you're holding right now...

Waiting for more average joes to leverage themselves into multiple houses

I'll buy a street when there's blood in the street and down -40% avg

Am I too schadenfreude?

[jademann]

UVXY starting to beat

[Unique]

jademann,
GTA = Greater Toronto Area
--
Sources say Cobra's holding at least 10 properties