Cobra's Market View

symbol CUBA
“President Obama is set to make a statement on Cuba at noon Eastern time”

The Russia ETF chart (RUSL) is interesting. Overall it is beaten down badly but the MACD is turning up. Looks favorable for a pop.

I don't own any long position in it, just happened to spot it.

Full disclosure, I am a Russian-American.

cletus wrote: Buy oil futures
etc....many options
My preference is to own ERX and I have call options on PSX, which is an unbelievable value right now.

PSX and CVX for longer term view.. seems like due for bounce.. but needs to get over trend lines.. could argue.. there's a long term H&S.. it's a tad messy.. but if it can't get over the $70-71 range.. you could say the H&S target is $50.. which like CVX could be maybe the long long term red line?… low oil prices will cramp eps/outlook maybe for a couple of quarters.. fwiw. Oil could finally be broken for months/years.. I know crazy talk.

Al_Dente wrote:symbol CUBA
“President Obama is set to make a statement on Cuba at noon Eastern time”

BREAKING: Obama To Start Talks With Cuba To Establish Full Diplomatic Relations, Open Embassy…

Why are people giving FG a hard time? I always look forward to FG's contributions to the board.

look for sign of life. Blue elder impulse, if it holds, it will be a good start for da bulls.

Her posts also help me, too although I am not good enough at T.A. to always understand her charts.

netsnets wrote:Why are people giving FG a hard time? I always look forward to FG's contributions to the board.

intraday, mostly juice

SigmaEcho wrote:paging mrMyagi ...

I wouldn't be looking for that P-bar down to SPY 184 or whatever until next year. It's just not the right time. Vol is already really really high. I would wait for it to fall precipitously before gambling on that p-bar, which could get hit, but on this sell off? Not sure.

Another 1/4 position...
viewtopic.php?f=2&t=1518&p=179163#p179163
viewtopic.php?f=2&t=1518&p=179195#p179195 Not for faint hearts...and blind folded

SPX showing some strength.. need a VIX break down

Closed short at loss 199.72

ERX is up 13%. Investable low? I've been buying for several months now on the way down, so I'm just crossing my fingers. hasn't worked yet but I'm optimistic.

netsnets wrote:Why are people giving FG a hard time? I always look forward to FG's contributions to the board.

The First Noble Truth is SUFFERING.
A good deal of suffering is caused by the 3 poisons: passion, aggression, and ignorance. These are ego related.
Om Mani Padme Hum

cletus wrote:ERX is up 13%. Investable low? I've been buying for several months now on the way down, so I'm just crossing my fingers. hasn't worked yet but I'm optimistic.

per my read on mid to long term setup ERX/XLE is entering sell the rips zone. watch RSI <70 will trigger a sell on this setup. FWIW.

Just a newbie's thoughts:

Some of the $VIX and related charts posted on this Board and public chart lists would suggest that
when $VIX came back down through below R2, a nice multi-day move UP often began.

My thanks to all those who posted those charts.

netsnets wrote:Why are people giving FG a hard time? I always look forward to FG's contributions to the board.

I do watch for her posts, but sometimes I get the feeling that she has divided interest between toying with her readers rather than clearly teaching or explaining.

I like the learning, not the toying.

SPX 15m ..could have a whole lot of chop for the Santa Rally.. speculative.. yellow triangle for the holidays..

NYSE breadth at new HOD.

EDIT: long SDS 120.20 Heavy