03/17/2020 Live Update

[Heck]

$VIX SELLING Below 84.83

[K447]

... after European market closed. After that another key is after 12 noon ...

Europe markets now close at 12:30 EDT until Europe also switches to daylight time, correct?

[Al_Dente]

aggressive sectors %

[JFR]

ES 5. Strong move up, all the way to the earlier trendline. Are we all hunkered down in our bunkers?

[Al_Dente]

CNBC reported yesterday that buybacks are resuming
Today they just reported that insiders are starting to buy
I DON’T SEE THAT ON MY “LEADERS” CHARTS yet ……. hmmm....
60min

[Cobra]

The rebound may have legs. Resistance ahead.

[Al_Dente]

PEOPLE PEOPLE: Bailouts just encourage bad behavior.
We’ve learned nothing, except that the government (the taxpayers) will bail out our corporations, no questions asked.
If since 2013, your buybacks totaled $100 billion, now you’ve been downgraded to BBB (next one down is junk), and now you are asking us for a bailout.

zh suggests that instead of a bailout, management and the board should be ordered to sell as much stock as they need - you know, the opposite of buying it back - to maintain the business, even it means sending your stock price crashing far lower.

[Al_Dente]

Breaking news:
FB will give all employees $1,000 each

[merryme]

Follow COBRA in one easy click!

[Al_Dente]

potus and Pence and task force press conference NOW

[daytradingES]

Hi everyone,
Fro several years I have been in perpetual crash alert mode - so I only trade the short side, as I believe the brokers won't honour stop-losses. So since I only trade short when my model says it will an up day - as it did fro today I don't trade, so I have a moment to post.

If I use the 2352.25 as the LOD (ES June)
then somewhere in the 2533 area is the est HOD.
I've settled on 2532.75 - though of course with the wild swings that's a bit of roughish target.

[BullBear52x]

We pass 2500 we will close strong today.

[daytradingES]

This s an 8 min chart:

[Heck]

BA Target - 100 %
From 134.96 to 0
- 7.24% Dividend

11,795.20 % Debt/Equity

Too big to fail ?

[BullBear52x]

Looking up

[Al_Dente]

BA Target - 100 %
From 134.96 to 0
- 7.24% Dividend
11,795.20 % Debt/Equity
Too big to fail ?

Debt used to buyback $100 billion of their own stock, since 2013

[daytradingES]

This is a 30 minute chart

[JFR]

ES 5. Pushing above the pivot.

[Cobra]

Members only update at 12:20 pm
http://www.cobrasmarketview.com/2020/03 ... ay-update/

[Cobra]

The pullback probably will be bought again. So far it's an uptrend day although according to my own trading standard it's a range day to me.