Back to www.cobrasmarketview.com

09/16/2019 Live Update

User avatar
BullBear52x
Posts: 29516
Joined: Tue Feb 22, 2011 3:47 pm

Re: 09/16/2019 Live Update

Post by BullBear52x »

Ding ding ding
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
Cobra
Site Admin
Posts: 58337
Joined: Sat Feb 12, 2011 10:29 pm

Re: 09/16/2019 Live Update

Post by Cobra »


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.
Heck
Posts: 2535
Joined: Thu Nov 15, 2012 4:56 pm
Location: Lake Tahoe, Nevada

Re: 09/16/2019 Live Update

Post by Heck »

Al_Dente wrote:From the late Bill O’Neil’s old classic:
" If the original market leaders begin to falter, and lower-priced, lower-quality, more-speculative stocks begin to move up, watch out !
When the old dogs begin to bark, the market is on its last feeble leg. Laggards can’t lead the market higher. Among the telltale signs are the poor-quality stocks that start to dominate the most-active list on market “up” days. This is simply a matter of weak leadership trying to command the market. If the best ones can’t lead, the worst certainly aren’t going to do so for very long.”
86
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 09/16/2019 Live Update

Post by Al_Dente »

Al_Dente wrote:Here’s a usable ratio that plots the rotation out of Growth and into Value:
$RAG:$RAV
or its converse:
$RAV:$RAG
IVE = S&P 500 Value (ratio = IVE:IVW)
IVW = S&P 500 Growth (ratio = IVW:IVE)
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 09/16/2019 Live Update

Post by Al_Dente »

Heck wrote:
Al_Dente wrote:From the late Bill O’Neil’s old classic: .......
86
What do you mean, boss ?
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
User avatar
BullBear52x
Posts: 29516
Joined: Tue Feb 22, 2011 3:47 pm

Re: 09/16/2019 Live Update

Post by BullBear52x »

Cash SPX Hourly update, it's in a buy and support zone, will have to give it a respect a little. Blue or green bar will get the buyers interest on this time frame. not yet atm.
Attachments
1.PNG
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
BullBear52x
Posts: 29516
Joined: Tue Feb 22, 2011 3:47 pm

Re: 09/16/2019 Live Update

Post by BullBear52x »

Al_Dente wrote:
Heck wrote:
Al_Dente wrote:From the late Bill O’Neil’s old classic: .......
86
What do you mean, boss ?
This 86 (SPX)?
Attachments
1.PNG
My comments are for entertainment/educational purpose only. NOT a trade advice.
Heck
Posts: 2535
Joined: Thu Nov 15, 2012 4:56 pm
Location: Lake Tahoe, Nevada

Re: 09/16/2019 Live Update

Post by Heck »

BullBear52x wrote:
Al_Dente wrote:
Heck wrote:
Al_Dente wrote:From the late Bill O’Neil’s old classic: .......
86
What do you mean, boss ?
This 86 (SPX)?
CANSLIM IBD broker William O'Neil very much alive at 86
Heck
Posts: 2535
Joined: Thu Nov 15, 2012 4:56 pm
Location: Lake Tahoe, Nevada

Re: 09/16/2019 Live Update

Post by Heck »

Heck wrote:
BullBear52x wrote:
Al_Dente wrote:
Heck wrote:
Al_Dente wrote:From the late Bill O’Neil’s old classic: .......
86
What do you mean, boss ?
This 86 (SPX)?
CANSLIM IBD broker William O'Neil very much alive at 86
$SPX could go much lower than 2986

Department Head at US War College called Iran's attack on KSA 'Pearl Harbor' (BBerg)
User avatar
BullBear52x
Posts: 29516
Joined: Tue Feb 22, 2011 3:47 pm

Re: 09/16/2019 Live Update

Post by BullBear52x »

Cash SPX Fib, bulls need to regain above 61.8% if it wants to survive.
Attachments
1.PNG
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 09/16/2019 Live Update

Post by Al_Dente »

Heck wrote:............
CANSLIM IBD broker William O'Neil very much alive at 86
So sorry, thanks
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Heck
Posts: 2535
Joined: Thu Nov 15, 2012 4:56 pm
Location: Lake Tahoe, Nevada

Re: 09/16/2019 Live Update

Post by Heck »

$SPX could go much lower than 2986

Department Head at US War College called Iran's attack on KSA 'Pearl Harbor' (BBerg)[/quote]

Iran claims its missiles could hit US bases and ships within a range of 1,240 miles

Credit Suisse Group: “We have never seen a supply disruption and price response like this in the oil market.
Heck
Posts: 2535
Joined: Thu Nov 15, 2012 4:56 pm
Location: Lake Tahoe, Nevada

Re: 09/16/2019 Live Update

Post by Heck »

Al_Dente wrote:
Heck wrote:............
CANSLIM IBD broker William O'Neil very much alive at 86
So sorry, thanks
All good
User avatar
BullBear52x
Posts: 29516
Joined: Tue Feb 22, 2011 3:47 pm

Re: 09/16/2019 Live Update

Post by BullBear52x »

What a mess, I got no clue now.
Attachments
1.PNG
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
BullBear52x
Posts: 29516
Joined: Tue Feb 22, 2011 3:47 pm

Re: 09/16/2019 Live Update

Post by BullBear52x »

I called it a break, sitting out now. may or may not return today. peace!
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 09/16/2019 Live Update

Post by Al_Dente »

KSA Kingdom of Saudi Arabia
The warning shot across the bow was 8/23 when KSA fell below 200sma
daily
916ksa.png.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 09/16/2019 Live Update

Post by Al_Dente »

Why are folks obsessed with the 200sma?.
The markets are littered with breaches of the 200ma that did not cause a crash,
BUT……….
In August 2007, SPX fell below 200ma, then recovered. (Recall that October 2007 was the SPX high).
In November 2007 SPX again fell below 200ma and the rest was history.
Folks with longer memories recall that on October 16, 1987 on the eve of Black Monday, SPX fell below 200ma. There was only a one-day warning, and most/all missed it.
So, folks get very nervous under the 200sma. They lighten up a bit, and hold their breaths until SPX recovers to above 200sma.
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 09/16/2019 Live Update

Post by Al_Dente »

early HAPPY HOUR early
Fidelity:
916fid.png.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
User avatar
BullBear52x
Posts: 29516
Joined: Tue Feb 22, 2011 3:47 pm

Re: 09/16/2019 Live Update

Post by BullBear52x »

As I went through my chart book, $XII is telling something is crazy going on, but then again it's stockcharts.com anyone got any thought on it? other than that not much to talk about just a regular trading wit fearless market. FOR NOW :roll: Peace!
Attachments
1.PNG
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
BullBear52x
Posts: 29516
Joined: Tue Feb 22, 2011 3:47 pm

Re: 09/16/2019 Live Update

Post by BullBear52x »

$XII is back to normal, it drop to 90 form 1374 earlier, Hmmm

Never Mind, it's stockcharts.com
My comments are for entertainment/educational purpose only. NOT a trade advice.
Post Reply