Back to www.cobrasmarketview.com

   

12/08/2017 Live Update

Re: 12/08/2017 Live Update

Postby Shaishen » Fri Dec 08, 2017 3:35 pm

te_fern wrote:
Trades with cats wrote:I follow coolbizone , coolbiz1 on twitter these days. He went short after the jobs report then got stopped out.


Actually follow him too. PL is amazing, but I find his if, buts and watch outs very confusing to make a decision on. He always comes back later and says he's right, but at the original forecast he gave a lot of warnings.....


"but I find his if, buts and watch outs very confusing to make a decision on."


hence Pretzel Logic

"Rikki Don't Lose That Number" :o

.
Shaishen
 
Posts: 209
Joined: Tue Jul 01, 2014 3:57 pm

Re: 12/08/2017 Live Update

Postby te_fern » Fri Dec 08, 2017 3:35 pm

Semi's have just continued on down...
Attachments
SOXL.PNG
te_fern
 
Posts: 1971
Joined: Tue Nov 24, 2015 3:35 pm

Re: 12/08/2017 Live Update

Postby Shaishen » Fri Dec 08, 2017 3:52 pm

Trades with cats wrote:Both wave counters I read see a reasonable chance of testing the General Flynn low before moving into the year end rally. In fact Pretzel Logic says the move from the high can be counted as both an impulsive and a corrective at this point.


Micro profile supports this idea, Might even overshoot a little. Need a catalyst for this move but I am sure in these exiting times something will ruffle the algos
Attachments
MicroFlynn.PNG
Shaishen
 
Posts: 209
Joined: Tue Jul 01, 2014 3:57 pm

Re: 12/08/2017 Live Update

Postby Trades with cats » Fri Dec 08, 2017 3:54 pm

Coolbizone is good about posting the final results, win lose or draw. He and Pretel are the only ones I have found who actually use Elliott Wave (more or less) to trade. Seems everybody else just makes long term predictions and sells newsletters.
Trades with cats
 
Posts: 6256
Joined: Sat Oct 11, 2014 4:40 pm

Re: 12/08/2017 Live Update

Postby Al_Dente » Fri Dec 08, 2017 4:03 pm

HAPPY HOUR
Image
User avatar
Al_Dente
 
Posts: 20752
Joined: Thu Jul 21, 2011 2:29 pm

Re: 12/08/2017 Live Update

Postby Shaishen » Fri Dec 08, 2017 4:14 pm

http://www.zerohedge.com/news/2017-12-0 ... ile-dollar

Blain actually said that in the same sentence..? :?

"If its central banks you object to, let’s have a private cryptocurrency based on gold, or oil, or something else tangible… but based on some computer babble? Not for me.

On the other hand, the long-term possibilities that BTC exploits in terms of Blockchain distributed ledgers are very real. Blockchain applications are going to utterly change finance.."
Attachments
BillBlainBTC.PNG
BillBlainBTC.PNG (111.76 KiB) Viewed 783 times
Shaishen
 
Posts: 209
Joined: Tue Jul 01, 2014 3:57 pm

Re: 12/08/2017 Live Update

Postby Al_Dente » Fri Dec 08, 2017 4:15 pm

MarketWatch
1:17 PM ET 12/08/2017
While 22 of the Dow Jones Industrial Average's 30 components are contributing to the Dow's rise Friday into record territory, more than half the gain is coming from just two stocks. UNH rose $3.93, or 1.8%, in afternoon trade, to add about 27.1 points to the Dow's price, while the $2.60, or 0.9%, climb in BA added 17.9 points. The combined add of 45 points was a little more than half the Dow's current gain of 85 points. The next biggest contributor was MSFT, which was up $1.67, or 2.0%, to contribute about 11.5 points. The biggest weight were the shares of MMM , which fell $2.25, or 0.9%, to shave about 15.5 points off the Dow.
User avatar
Al_Dente
 
Posts: 20752
Joined: Thu Jul 21, 2011 2:29 pm

Re: 12/08/2017 Live Update

Postby Al_Dente » Fri Dec 08, 2017 4:29 pm

Aggressives v Defensives
Percent change on the week (5 days, 5 min)
Best of the week: financials (red)
Worst of the week: gold miners (gold dash)

128on the week.png.png
User avatar
Al_Dente
 
Posts: 20752
Joined: Thu Jul 21, 2011 2:29 pm

Re: 12/08/2017 Live Update

Postby te_fern » Fri Dec 08, 2017 4:46 pm

Another day of sideways action, just at a higher price....
Attachments
SPX.PNG
te_fern
 
Posts: 1971
Joined: Tue Nov 24, 2015 3:35 pm

Re: 12/08/2017 Live Update

Postby Trades with cats » Fri Dec 08, 2017 4:49 pm

ES 12-17 (2 BetterRenko(17)) 2017_12_08B.png

Even more boring when viewed from Renko land.
Trades with cats
 
Posts: 6256
Joined: Sat Oct 11, 2014 4:40 pm

Re: 12/08/2017 Live Update

Postby Cobra » Fri Dec 08, 2017 4:54 pm


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.
User avatar
Cobra
Site Admin
 
Posts: 41031
Joined: Sat Feb 12, 2011 10:29 pm

Re: 12/08/2017 Live Update

Postby Cobra » Fri Dec 08, 2017 4:56 pm

well, guess that's it for today. Monday has been mixed. thank you guys, I'll see you in another thread soon.

before the close, please take a little time to vote for me, thanks. https://stockcharts.com/public/1684859/tenpp
Attachments
1.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.
User avatar
Cobra
Site Admin
 
Posts: 41031
Joined: Sat Feb 12, 2011 10:29 pm

Previous

Return to Traders Lounge

Who is online

Users browsing this forum: Google [Bot] and 27 guests