02/10/2022 Live Update

[Cobra]

Higher low?

[JFR]

NXST. Nexstar. HQ in Irving, Texas.

Nexstar Media Group, Inc., a television broadcasting and digital media company, focuses on the acquisition, development, and operation of television stations and interactive community websites and digital media services in the United States. Its stations are affiliates of ABC, NBC, FOX, CBS, The CW, MyNetworkTV, and other broadcast television networks. The company was formerly known as Nexstar Broadcasting Group, Inc. and changed its name to Nexstar Media Group, Inc. in January 2017. Nexstar Media Group, Inc. was founded in 1996 and is headquartered in Irving, Texas. -- Yahoo Finance

[Trades w 2 Cats]

Joke from the 60's, for little kids. How do you know if you have an elephant in your refrigerator?
You can see their footprints in the tapioca pudding!

I remembered that while watching the algos running the market today. As in that last burst up to return us to the 65 level, clearly an important strike for somebody.

[Al_Dente]

Inverse H&S on IWM
cyan target is 220
60m

Thanks Al. It's nice to have a target.

[JFR]

SPY 15. Two Pbars hit, to the number.

[Al_Dente]

10yr rates, TNX, break out to 2.02% today

[Cobra]

Members only update at 12:20 pm
http://www.cobrasmarketview.com/2022/02 ... ay-update/

[Cobra]

10yr rates, TNX, break out to 2.02% today

The market seems not care.

[Al_Dente]

SPY 15. Two Pbars hit, to the number.

nice chart thanks boss

[Al_Dente]

10yr rates, TNX, break out to 2.02% today

The market seems not care.

well.....hmmm..........

[Cobra]

I honestly think 2 is not a big deal, it's just back to the normal, isn't it?

[JFR]

ES five minutes. In a range for over 10 bars. "Resting" on the Pivot.

[Al_Dente]

following another hot CPI report...
The markets now expect the Fed will hike 50 basis points, 0.50 percentage point at its next FOMC meeting on March 16 according to CME Fedwatch.

[JFR]

ES five minutes. Rest time is over. "Action." And I was waiting to buy some NXST. Not just now, thanks.

[jaguar6992]

"I honestly think 2 is not a big deal, it's just back to the normal, isn't it?"

Yes, 2% is back to normal. But the last time TNX was at 2%, SPY was 30% lower than it is today.

[marcueus2]

"I honestly think 2 is not a big deal, it's just back to the normal, isn't it?"

Yes, 2% is back to normal. But the last time TNX was at 2%, SPY was 30% lower than it is today.

Well thats the target

[Cobra]

So recession is coming. Doesn't it mean more QE and more stimulus packages? It's a good news for stock, isn't it?

[Cobra]

"I honestly think 2 is not a big deal, it's just back to the normal, isn't it?"

Yes, 2% is back to normal. But the last time TNX was at 2%, SPY was 30% lower than it is today.

Well thats the target

[Al_Dente]

Stocks Tumble After Fed's Bullard Urges 50bps Rate Increase, Suggests Inter-Meeting Hike
That sent the odds of a 50bps March rate-hike up to 100%...
... and... The 2yr [TWO YEAR] yield is exploding higher after Bullard's comments...

[JFR]

ES five minutes. Down to a key support level. Testing it.