Back to www.cobrasmarketview.com

02/16/2021 Live Update

tim-follows
Posts: 83
Joined: Fri Feb 09, 2018 12:02 am

Re: 02/16/2021 Live Update

Post by tim-follows »

Al_Dente wrote:Put buying right out of the gate, easing now
Note how extreme the put buying was in the VXN (QQQ) options (black dash). That is also easing a bit.
216vix vxn.png.jpg

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

Re: 02/16/2021 Live Update

Post by Al_Dente »

tim-follows wrote:
Al_Dente wrote:Put buying right out of the gate, easing now
Note how extreme the put buying was in the VXN (QQQ) options (black dash). That is also easing a bit.
great chart, thanks
:D :D
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
User avatar
JFR
Posts: 10127
Joined: Sun Dec 02, 2012 7:24 pm

Re: 02/16/2021 Live Update

Post by JFR »

ES daily. Some resistance at the top.

2021-02-16_10-35-06.png
Charts posted are not recommendations. They are just a sharing of information.
User avatar
JFR
Posts: 10127
Joined: Sun Dec 02, 2012 7:24 pm

Re: 02/16/2021 Live Update

Post by JFR »

SPY 5. Riding the E Train, the EMA 20.

2021-02-16_10-36-35.png
Charts posted are not recommendations. They are just a sharing of information.
User avatar
JFR
Posts: 10127
Joined: Sun Dec 02, 2012 7:24 pm

Re: 02/16/2021 Live Update

Post by JFR »

Dow 30. Gainers and losers are even. Makes for a relatively quiet day.

2021-02-16_10-38-59.png
Charts posted are not recommendations. They are just a sharing of information.
Trades w 2 Cats
Posts: 1695
Joined: Tue Dec 15, 2020 3:48 pm

Re: 02/16/2021 Live Update

Post by Trades w 2 Cats »

Major ES selling at 45 twice this morning. Only question is are they done or will they stop the normal up move into the close. Cause you know 50 has to be a major strike for the options crowd.

In other speculation how far will the 10 year go before the Fed is forced to act?
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 02/16/2021 Live Update

Post by Al_Dente »

banks in the S&P (KBE) all time high
banks love higher rates
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: 02/16/2021 Live Update

Post by BullBear52x »

Last sell for bears.
Attachments
1.PNG
My comments are for entertainment/educational purpose only. NOT a trade advice.
tim-follows
Posts: 83
Joined: Fri Feb 09, 2018 12:02 am

Re: 02/16/2021 Live Update

Post by tim-follows »

day after President day used to most negative trading day in Feb.....

Maybe retailers pile in again and ES spike back to overnight highs haha
User avatar
BullBear52x
Posts: 29516
Joined: Tue Feb 22, 2011 3:47 pm

Re: 02/16/2021 Live Update

Post by BullBear52x »

At least a corrective ABC
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: 02/16/2021 Live Update

Post by BullBear52x »

Cash SPX Fib, bears will be disappointed if we closed above this pivot. FOMC meeting and lots of econ data tomorrow. bears need this lower close.
Attachments
1.PNG
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
JFR
Posts: 10127
Joined: Sun Dec 02, 2012 7:24 pm

Re: 02/16/2021 Live Update

Post by JFR »

BullBear52x wrote:It is cool now Stockcharts.com have extended hour data option.
BullBear52x sees everything. Ha ha. All knowing. All seeing. Just kidding. But thanks for pointing out the new feature, extended hours.

And I see a large pbar this morning. And now price is all over that level. And of course it corresponds to yesterday's close. Many of us here, including BullBear52x and myself, love charts. They communicate, says the ex-fundamental trader, now much more of a technical trader. Ha ha. OK, I still use fundamentals, just not as often.

2021-02-16_11-53-51.png
Last edited by JFR on Tue Feb 16, 2021 4:03 pm, edited 1 time in total.
Charts posted are not recommendations. They are just a sharing of information.
User avatar
BullBear52x
Posts: 29516
Joined: Tue Feb 22, 2011 3:47 pm

Re: 02/16/2021 Live Update

Post by BullBear52x »

JFR wrote:
BullBear52x wrote:It is cool now Stockcharts.com have extended hour data option.
BullBear52x sees everything. Ha ha. All knowing. All seeing. Just kidding. But thanks for pointing out the new feature, extended hours.

And I see a large pbar this morning. And now price is all over that level. And of course it corresponds to yesterday's close. Some of us here, including BullBear52x and myself, love charts. They communicate, says the ex-fundamental trader, now much more of a technical trader. Ha ha. OK, I still use fundamentals, just not as often.

2021-02-16_11-53-51.png
Are you done wasting time on Bitcoin? Haha
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
JFR
Posts: 10127
Joined: Sun Dec 02, 2012 7:24 pm

Re: 02/16/2021 Live Update

Post by JFR »

BullBear52x wrote:
JFR wrote:
BullBear52x wrote:It is cool now Stockcharts.com have extended hour data option.
BullBear52x sees everything. Ha ha. All knowing. All seeing. Just kidding. But thanks for pointing out the new feature, extended hours.

And I see a large pbar this morning. And now price is all over that level. And of course it corresponds to yesterday's close. Some of us here, including BullBear52x and myself, love charts. They communicate, says the ex-fundamental trader, now much more of a technical trader. Ha ha. OK, I still use fundamentals, just not as often.

2021-02-16_11-53-51.png
Are you done wasting time on Bitcoin? Haha
Yup. Ha ha. But it was a useful exercise for me. It was time I did a little more research on it. But we don't need it. We have stocks, and futures and forex to play with. And the banking/currency system is here for a while yet.
Charts posted are not recommendations. They are just a sharing of information.
User avatar
BullBear52x
Posts: 29516
Joined: Tue Feb 22, 2011 3:47 pm

Re: 02/16/2021 Live Update

Post by BullBear52x »

JFR wrote:
BullBear52x wrote:
JFR wrote:
BullBear52x wrote:It is cool now Stockcharts.com have extended hour data option.
B

2021-02-16_11-53-51.png
Are you done wasting time on Bitcoin? Haha
Yup. Ha ha. But it was a useful exercise for me. It was time I did a little more research on it. But we don't need it. We have stocks, and futures and forex to play with. And the banking/currency system is here for a while yet.
yes, my piggy brain have a hard time just to keep up with the main index alone. :D
My comments are for entertainment/educational purpose only. NOT a trade advice.
Trades w 2 Cats
Posts: 1695
Joined: Tue Dec 15, 2020 3:48 pm

Re: 02/16/2021 Live Update

Post by Trades w 2 Cats »

Bitcoin and Robinhood are both posers. Pretend to be some new short cut around big money wall street. But we learn they are just a different store front for retail run by the same people. Always the same but always different. Greatest trader in history started at "bucket shops" in the 20's. I remember penny stocks. Now bitcoins. Human nature never changes. People on this forum know it takes a lot of work to trade. Someone else is always offering a short cut that turns into a trap. If you try to tell the suckers they will tell you that you are wrong and in their way.

Look up Dunning-Krueger chart showing how the totally ignorant think they are experts.
User avatar
Cobra
Site Admin
Posts: 58344
Joined: Sat Feb 12, 2011 10:29 pm

Re: 02/16/2021 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
BullBear52x
Posts: 29516
Joined: Tue Feb 22, 2011 3:47 pm

Re: 02/16/2021 Live Update

Post by BullBear52x »

More boom story, my neighbor came for a beer, He told me about this new no fee trading account called Robinhood. He told me He should put in more money now that everything is up and making a good profit so far. His focus is on all of the high flying news driven names. I don't want to ruin his childhood dream so I said nothing, who knows he might find a holy grail that I knew nothing about.
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: 02/16/2021 Live Update

Post by BullBear52x »

Chart for the road: well, well, well, looks like a failed breakout to me. it will be fun tomaroo.Peace!
Attachments
1.PNG
My comments are for entertainment/educational purpose only. NOT a trade advice.
User avatar
Cobra
Site Admin
Posts: 58344
Joined: Sat Feb 12, 2011 10:29 pm

Re: 02/16/2021 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.
Post Reply