Back to www.cobrasmarketview.com

02/06/2018 Live Update

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

Re: 02/06/2018 Live Update

Post by Al_Dente »

K447 wrote:
Al_Dente wrote:
K447 wrote:
Al_Dente wrote:OPINION:
anyway ……… going forward…..
...
Whose opinion is this?
mine
You mentioned Jan 20, so this was repeat of an older post?
no, jan 20 is supposed to be the day when Credit Suisse terminates XIV
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
User avatar
Cobra
Site Admin
Posts: 58339
Joined: Sat Feb 12, 2011 10:29 pm

Re: 02/06/2018 Live Update

Post by Cobra »

well, guess that's it for today. Wednesday tomorrow has been mixed recently. thank you guys, I'll see you tomorrow.

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.
Trades with cats
Posts: 8656
Joined: Sat Oct 11, 2014 4:40 pm

Re: 02/06/2018 Live Update

Post by Trades with cats »

Selling into the close. Looks like closing back inside the first hour's range. I was wondering how the ETF balancing was going to work out today, assuming the reality is they rebalance when ever it gets too out of wack.

Quants all claiming the risk parity and long short fund crowds, as well as pension funds will all be deleveraging the next couple of days. The note from Nomura last night at ZeroHedge said that the corporate buyback desks went through 3x their normal volume yesterday defending price. Wonder how big a dent it will make in the pot transferring shares from the funds back to the companies, possibly leaving us light on rocket fuel for the next pre-earnings season buying action.
Post Reply