Back to www.cobrasmarketview.com

01/06/2018 Weekend Update

Post Reply
User avatar
Cobra
Site Admin
Posts: 58333
Joined: Sat Feb 12, 2011 10:29 pm

01/06/2018 Weekend Update

Post by Cobra »

I think bears are hopeless although it's very overbought now, need to be very drunk to buy buy buy and hope huge huge up from here. It's very sad, when I knew nothing I didn't need get drunk, I'd buy buy buy with confidences, but as soon as I learnt something or more precisely I thought I now knew something about trading, I need get very drunk in order to buy buy buy from here now.

Anyway, 77% chances at least another all time new high the next week.
2.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: 58333
Joined: Sat Feb 12, 2011 10:29 pm

Re: 01/06/2018 Weekend Update

Post by Cobra »

The latest strong stocks count. Much improved now.
viewtopic.php?f=10&t=2729&p=248292#p248292

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
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 01/06/2018 Weekend Update

Post by Al_Dente »

THE FED HAS BEEN SHORTING VOLATILITY since at least 2012 :o :shock: :o
“…we now have explicit confirmation that the Fed's "short vol" position appears to be rather literal
…as today's just released 2012 FOMC transcripts revealed...”
It’s a quick MUST READ here:
https://www.zerohedge.com/news/2018-01- ... y-position
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Bman69
Posts: 29
Joined: Sat Feb 18, 2012 11:18 am

Re: 01/06/2018 Weekend Update

Post by Bman69 »

SPY and QQQ both traded Friday outside upper Bollinger band, VIX trying to turn up, largest out flows from funds in quite some time as noted by poster on Friday's board, yet small newbie investors I see starting to jump on the band wagon. Agree with Cobra you learn to trade, but have to be drunk to buy buy buy at this point. Thanks to all posters, hoping to see volatility return and board posts return as well.
User avatar
Cobra
Site Admin
Posts: 58333
Joined: Sat Feb 12, 2011 10:29 pm

Re: 01/06/2018 Weekend Update

Post by Cobra »

CARS, another leg up has started? At least this bull shall have legs.
viewtopic.php?f=10&t=2730&p=248296#p248296

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.
Post Reply