Cobra's Market View

NATO best not poke the bear.

gappy wrote:

Capture.PNG

NATO best not poke the bear.

The Great Russian Bear or the Market Bear? Both have been hibernating for a long, long,long time

Tutti wrote:

gappy wrote:

Capture.PNG

NATO best not poke the bear.

The Great Russian Bear or the Market Bear? Both have been hibernating for a long, long,long time

They are both one in the same. War = $

"Nasdaq 100 looking weaker than the rest of the market once again. Common theme the last week."

SMH currently down -1.5%

that comes w the assumption that their intent is to engage and not to just provoke.

15 minute. Will Cobra say the lod is in or will there be dip to buy?

Cobra wrote:3 push down, bears are unable to push down.

Presumably some big boys are trying to push the market down, if they don't succeed today they'll try again next week...

Is there any chance the market can give back all its gains for the week (about .58% at the moment) and create a nice weekly doji?

Tutti wrote:that comes w the assumption that their intent is to engage and not to just provoke.

Germany has been training Russian Uke insurgents, there can be no engagement there during the lame duck session. Syria is on a different burner though and if Migs start popping off at our f-16's and drones, the Hormuz will shut down, imo. Thus low crude might be a preamble.

gappy wrote:NATO best not poke the bear.

Cool. You take the former Soviet Union over NATO, of which the United States of America is a member. It's your prerogative to take the Russians over your home your home country. But could you keep it off this board? I'm trying to work.

Thanks very much!

Top holdings in QQQ % change from the 15 Oct low,
with the QQQ in black for comparison
QCOM is in the top 10 of QQQ holdings and is dragging

Xian wrote:

gappy wrote:NATO best not poke the bear.

Cool. You take the former Soviet Union over NATO, of which the United States of America is a member. It's your prerogative to take the Russians over your home your home country. But could you keep it off this board? I'm trying to work.

Thanks very much!

I take nothing except your insults and it is weary. Use the ignore function.

International:
% change from the 15 Oct low
Looks like the Japan (black line) pop was short lived
Now everyone is counting on a Draghi pop?
SPY is in purple for comparison

Looks as though Putin is helping the bears, apparently some tanks rolling into the Ukraine.

Several articles by "experts" explaining that ECB bond buying is in a too small market to have any effect. Also the Germans are really not for it, so all we get is talk. We saw yesterday talk is now good for a 90 minute round trip in the market. The era of the central bank will come to a close, maybe now is the time.

Watch List:
Game changer for Ford?
Higher lows are bullish; a breakout would be even better
“In December, Ford [F] will roll out an aluminum-bodied version of its F-150 pickup truck—its most popular model, accounting for 50% of the company’s earnings in North America. Being 15% lighter than its steel predecessor, the new F-150 is reckoned to be up to 20% more fuel efficient and able to haul 11% heavier loads. Such performance figures ought to make it a bigger seller than ever.”
http://www.economist.com/news/science-a ... -lightness

HOUSING:
Fannie Mae provides more detail on their effort to increase the flow of housing credit.
3% down, with mandatory mortgage insurance
http://dealbook.nytimes.com/2014/11/06/ ... ages/?_r=0

Bullish Percentages: all flat or down except the most important one, BPNYA is up by 0.91%.

http://stockcharts.com/freecharts/candl ... BPFINA|B|0

Al_Dente wrote:HOUSING:
Fannie Mae provides more detail on their effort to increase the flow of housing credit.
3% down, with mandatory mortgage insurance
http://dealbook.nytimes.com/2014/11/06/ ... ages/?_r=0

3% down lolz. this isn't going to land up being a terrible mistake. nope. no precedent for that in modern times.