Back to www.cobrasmarketview.com

03/24/2020 Live Update

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

Re: 03/24/2020 Live Update

Post by Al_Dente »

Obviously, everyone is long anticipating something the Senate will vote on [$2 trillion].
USE STOPS
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: 03/24/2020 Live Update

Post by Al_Dente »

WH poutus earlier on conference call with big-bankers [the TBTFs] and big-baller CEOs
Generally: “Economy cannot be allowed to fail”
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: 03/24/2020 Live Update

Post by Al_Dente »

HAPPY HOUR soon
hundred dollar mask.png.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
User avatar
JFR
Posts: 10125
Joined: Sun Dec 02, 2012 7:24 pm

Re: 03/24/2020 Live Update

Post by JFR »

SPY daily. Swing trade long? Not for me. Not yet. Falling knife? Possibly. Just scalping, aside from some dividend ETFs. No need to rush. Just in my opinion, of course.

2020-03-24_1154.png
Charts posted are not recommendations. They are just a sharing of information.
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 03/24/2020 Live Update

Post by Al_Dente »

On Friday an ABC News/Ipsos poll indicated that 55 percent of Americans approved of Donald Trump’s handling of the coronavirus
—12 points higher than the previous week—
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
User avatar
Cobra
Site Admin
Posts: 58344
Joined: Sat Feb 12, 2011 10:29 pm

Re: 03/24/2020 Live Update

Post by Cobra »

Good, now test day high may be possible.
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.
User avatar
JFR
Posts: 10125
Joined: Sun Dec 02, 2012 7:24 pm

Re: 03/24/2020 Live Update

Post by JFR »

Perilous times.

Some leaders value things this way: 1 Health and lives 2 Everything else

Other leaders value things this way: 1 Stock Market 2 Economy (could be #1 also) 3 Everything else

Are we out of the coronavirus health crisis? I don't think so. It might be months still, and then there will no doubt be round 2.

Here is a dark thought: If those at risk (compromised health, elderly, drug users, homeless, refugees, prisoners, the poor, in all countries) suffer huge numbers of deaths, those that survive this health crisis will have easier times (less social services required, fewer social problems, et cetera). Too dark a vision? It is out there. Just in my opinion.

Those with money will get ventilators, and, of course earlier, tests.
Charts posted are not recommendations. They are just a sharing of information.
User avatar
JFR
Posts: 10125
Joined: Sun Dec 02, 2012 7:24 pm

Re: 03/24/2020 Live Update

Post by JFR »

ES 5. The race to the top pauses.

2020-03-24_1220.png
Charts posted are not recommendations. They are just a sharing of information.
QED
Posts: 992
Joined: Wed Feb 11, 2015 2:04 pm

Re: 03/24/2020 Live Update

Post by QED »

Al_Dente wrote:On Friday an ABC News/Ipsos poll indicated that 55 percent of Americans approved of Donald Trump’s handling of the coronavirus
—12 points higher than the previous week—
Joe Biden: "We have to take care of the cure. That will make the problem worse no matter what — no matter what."

https://twitter.com/CalebJHull/status/1 ... 0364845056


:lol: :lol: :lol:

.
jademann
Posts: 1032
Joined: Wed Aug 22, 2012 10:49 am

Re: 03/24/2020 Live Update

Post by jademann »

That's a huuuge gap!
My comments were dictated to me by homie the clown
Daniel
Posts: 3482
Joined: Fri Feb 10, 2012 4:27 pm

Re: 03/24/2020 Live Update

Post by Daniel »

If QQQ can clear 184 w conviction, and hold into the close, then it's OFF TO the moon! (The lesser moon, the inner moon, about $10 higher. Above the big air pocket on the chart.)
K447
Posts: 763
Joined: Fri Aug 26, 2011 10:43 am
Contact:

Re: 03/24/2020 Live Update

Post by K447 »

JFR wrote:Perilous times.

... Too dark a vision? ...
You are assuming goverments are not overthrown and the wealthy do not become pariah?
Daniel
Posts: 3482
Joined: Fri Feb 10, 2012 4:27 pm

Re: 03/24/2020 Live Update

Post by Daniel »

HYG exploding to a new hod! NY up/down vol over 11:1!
User avatar
JFR
Posts: 10125
Joined: Sun Dec 02, 2012 7:24 pm

Re: 03/24/2020 Live Update

Post by JFR »

K447 wrote:
JFR wrote:Perilous times.

... Too dark a vision? ...
You are assuming goverments are not overthrown and the wealthy do not become pariah?
I do not assume that.
Charts posted are not recommendations. They are just a sharing of information.
Daniel
Posts: 3482
Joined: Fri Feb 10, 2012 4:27 pm

Re: 03/24/2020 Live Update

Post by Daniel »

Anybody have a reading on market MOC imbalance for today?
User avatar
Cobra
Site Admin
Posts: 58344
Joined: Sat Feb 12, 2011 10:29 pm

Re: 03/24/2020 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.
User avatar
Cobra
Site Admin
Posts: 58344
Joined: Sat Feb 12, 2011 10:29 pm

Re: 03/24/2020 Live Update

Post by Cobra »

Well, guess that's it for today. Here's what Wednesday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449381

Thank you guys, I'll see you in another thread soon.

Before the close, please take a little time to vote for me, thanks: https://stockcharts.com/public/1684859/ ... /533449381

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.
jaijailyc
Posts: 141
Joined: Sat Aug 06, 2011 5:33 pm

Re: 03/24/2020 Live Update

Post by jaijailyc »

2.1B BUY MOC
Daniel
Posts: 3482
Joined: Fri Feb 10, 2012 4:27 pm

Re: 03/24/2020 Live Update

Post by Daniel »

jaijailyc wrote:2.1B BUY MOC
Yup, price rode up that anticipation to its strong close.
Daniel
Posts: 3482
Joined: Fri Feb 10, 2012 4:27 pm

Re: 03/24/2020 Live Update

Post by Daniel »

posted at noon:
BullBear52x wrote:I don't think we will see 10% gain but who knows? crazy market is the way to describe it.
Briefing.com
"S&P 500 rebounds nearly 10% on fiscal stimulus hopes":
The Dow Jones Industrial Average climbed 11.4%. All 11 S&P 500 sectors posted strong gains, especially the energy (+16.3%), financials (+12.8%), and industrials (+12.8%) sectors. The consumer staples sector (+4.8%) was the lone sector to advance less than 5.0%.

Where do you rent your crystal balls, BB52?
:)
Post Reply