12/04/2017 Live Update

[Cobra]

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the pullback over night looks like a bull flag, so bias is up.

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2017/12 ... ay-update/

[Cobra]

at least one all time new high this week was fulfilled.

[fehro]

TRANSports + 250 points NDX/COMPQ lag …AAPL stalls at 20d SMA 172.80 near HOD

[fehro]

SPX nears… 2666.79 vs 2009 lows 666.79

[fehro]

TRANSports + 250 points NDX/COMPQ lag …AAPL stalls at 20d SMA 172.80 near HOD

not happy

[te_fern]

Semi's not participating this morning...

[Cobra]

members only update at 10:08 am
http://www.cobrasmarketview.com/2017/12 ... ay-update/

[fehro]

Semi's not participating this morning...

taxes not good for Semis

[te_fern]

Is TNA going to pull all the way back and close the gap??

[fehro]

Put/Call near extremes 0.65/0.58 equities TRANSports +300 points.. COMQ/NDX both red

[Al_Dente]

Semi's not participating this morning...

taxes not good for Semis

apple wants to design its own chips
http://www.businessinsider.com/apple-is ... &r=UK&IR=T

[te_fern]

Never been real comfortable trading the short levered ETF's. May have to learn how!! LOL!

[te_fern]

And when I say 'learn how', I mean on the mental side........

[fehro]

Put/Call near extremes 0.65/0.58 equities TRANSports +300 points.. COMQ/NDX both red

QQQs nLOD.. look for Fri's LOD.. not good the 2 H&S still in play on AAPL 60m .. buckle up

[Daniel]

SPY 5min bars price testing support at the (upslope) 20ema.

QQQ entering a price zone about where last Wed's low occurred. Stabilization and rally at or about this level would begin to paint the right side of an inverse H&S.

[Al_Dente]

Oh my my my
Grassley blasts working class for spending on booze, women, and movies
[Sen. Charles E. Grassley, Iowa]

[Daniel]

NYSE advancers are still fairly strong, but at their LOD.
NYSE up/down volume about 2/1 bullish. Naz up/down vol negative, about 4/3 bearish.

[Daniel]

Grassley blasts working class for spending on booze, women, and movies

Reminds me of one of my favorite quotes. "I've spent most of my money on wine women and song--and the rest I just squandered."

[Daniel]

NYSE advancers are still fairly strong, but at their LOD.
NYSE up/down volume about 2/1 bullish. Naz up/down vol negative, about 4/3 bearish.

update: slite improvement in all these measurements