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01/09/2018 Live Update

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Cobra
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Re: 01/09/2018 Live Update

Post by Cobra »

this bull shall still have legs.
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te_fern
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Re: 01/09/2018 Live Update

Post by te_fern »

S&P making new highs and Semi's can't get out of its own way...
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fehro
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Re: 01/09/2018 Live Update

Post by fehro »

Adv/Dec -321 vs SPY fwiw
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te_fern
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Re: 01/09/2018 Live Update

Post by te_fern »

Financials are strong, but is it a triple top??
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te_fern
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Re: 01/09/2018 Live Update

Post by te_fern »

Levered smalls are fighting a resistance line...
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te_fern
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Re: 01/09/2018 Live Update

Post by te_fern »

TICKs aren't really supporting the new high...
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brokebybernacke2
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Re: 01/09/2018 Live Update

Post by brokebybernacke2 »

te_fern wrote:TICKs aren't really supporting the new high...
earnings season dead ahead, dagnabit it shall be bear season...
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Al_Dente
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Re: 01/09/2018 Live Update

Post by Al_Dente »

Notable earnings reports due:
Wed 1/10: LEN, KBH
Fri 1/12: BLK, JPM, WFC, PNC
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Cobra
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Re: 01/09/2018 Live Update

Post by Cobra »


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Al_Dente
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Re: 01/09/2018 Live Update

Post by Al_Dente »

Cobra wrote:members only update at 12:00 pm
http://www.cobrasmarketview.com/2018/01 ... ay-update/
:lol: :lol: :lol: :lol: :lol: :lol: :o
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Al_Dente
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Re: 01/09/2018 Live Update

Post by Al_Dente »

BA, the #1 heaviest weighted stock in the dow (8.45% of the dow), is at another ATH and
is singlehandedly responsible for roughly 55 points of the dow’s gain today
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Al_Dente
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Re: 01/09/2018 Live Update

Post by Al_Dente »

[add on]
Bespoke says this about that (their charts posted 1/5):
"You won't see moves like this in a long time once this ends."
https://pbs.twimg.com/media/DSzOQ0TVAAAM3Kl.jpg
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Al_Dente
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Re: 01/09/2018 Live Update

Post by Al_Dente »

“Analysts are ratcheting up their forecasts for U.S. corporate profits at the fastest pace in more than 10 years… in the past such bullish analyst sentiment has served as a precursor to a market decline.”
https://www.bloomberg.com/news/articles ... ock-market
[pasta here: usually they lower earnings estimates, making it easier for companies to “beat”]
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Cobra
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Re: 01/09/2018 Live Update

Post by Cobra »

bias is up.
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Al_Dente
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Re: 01/09/2018 Live Update

Post by Al_Dente »

Since Jan 3, NY volume at the close (where it really counts) has spiked green (top panel, green boxes), while the NY number of issues advancing went from 2000 stocks to below 1000 stocks advancing and is now 1338 stocks (bottom panel)
19ad volume.png.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
chieftan
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Re: 01/09/2018 Live Update

Post by chieftan »

Cobra wrote:members only update at 12:00 pm
http://www.cobrasmarketview.com/2018/01 ... ay-update/
As a long time member and mostly viewer of Cobra's posts who has lost a few $$ in this melt up, I do appreciate Cobra's "tell it like it is" comments (e.g. "I think this market is crazy"). It actually made me chuckle even as my stops are hit (again)...
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Al_Dente
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Re: 01/09/2018 Live Update

Post by Al_Dente »

Consumer credit up to a level last seen in 2008
[Bloomberg, moments ago]
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Cobra
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Re: 01/09/2018 Live Update

Post by Cobra »

pullback will be bought.
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fehro
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Re: 01/09/2018 Live Update

Post by fehro »

take a nibble short here SPX 2756.75 not sure mind SPY morning gap, Wed options tomorrow.. may crush them late today, or gap down.. sounds crazy :roll: VIX trying to stay green.. /CL closes here too at huge spike up
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Al_Dente
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Re: 01/09/2018 Live Update

Post by Al_Dente »

SMALLS made another ATH today
Yet the short-term ROTATION chart shows that smalls are still weaker than large caps (top panel)
Hence, it's a large cap rally
19rotation.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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