Re: 07/08/2016 Live Update
Posted: Fri Jul 08, 2016 11:03 am
Cobra's Market View
The Intraday US Stock Market Discussion Board
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07/08/2016 Live Update
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Re: 07/08/2016 Live Update
Posted: Fri Jul 08, 2016 11:05 am
DOW 30 running green. Led by financials AXP, GS and JPM.
Re: 07/08/2016 Live Update
Posted: Fri Jul 08, 2016 11:12 am
this bull shall have legs.
Posted: Fri Jul 08, 2016 11:16 am
Got my kidneys.Cobra wrote:this bull shall have legs.
- more
Re: 07/08/2016 Live Update
Posted: Fri Jul 08, 2016 11:19 am
This tells a story. Remember we had supply disruptions in Canada, Nigeria and Libya this spring. They are all fixed or in the process of being fixed. US production is falling, but Iranian production has more than picked up the slack.
Re: 07/08/2016 Live Update
Posted: Fri Jul 08, 2016 11:21 am
ATH on SPX = 2134.72 just 10 points short 52w HI 2132.82 yet - VIX 10yr low.. still 3 points lowers..
Re: 07/08/2016 Live Update
Posted: Fri Jul 08, 2016 11:24 am
2130 is a gift ?
Re: 07/08/2016 Live Update
Posted: Fri Jul 08, 2016 11:25 am
From IBD ...
PAUL WHITFIELD
Stock indexes opened higher and then padded the gains Friday after U.S. employment news that was in one sense stunningly good, and in another sense disturbing.
The Nasdaq rose 1%, while the S&P 500 and the Dow Jones industrial average each advanced 0.9%. The small-cap Russell 2000 led with a 1.3% gain. Early volume was up on both major exchanges.
The headline news was the Bureau of Labor Statistics' nonfarm payroll figures for June. The number blasted up 287,000, which was 22% higher than the highest estimate in the range, according to Econoday. However, if market watchers were looking for evidence that the miserable 38,000 jobs added in May were an error, the data did not support that view. May's number was revised down to 11,000.
Bulls went with the optimistic June data.
Re: 07/08/2016 Live Update
Posted: Fri Jul 08, 2016 11:45 am
Re: 07/08/2016 Live Update
Posted: Fri Jul 08, 2016 12:03 pm
NY advancing stocks are 8 x declining stocks
NY advancing volume is 13 x declining volume
Earlier it was 7x
NY advancing volume is 13 x declining volume
Earlier it was 7x
Re: 07/08/2016 Live Update
Posted: Fri Jul 08, 2016 12:10 pm
Shorted Dow30 18093, with 50 point stop (above pre-Brexit high)
Re: 07/08/2016 Live Update
Posted: Fri Jul 08, 2016 12:11 pm
members only update at 12:10 pm
http://www.cobrasmarketview.com/2016/07 ... ay-update/
http://www.cobrasmarketview.com/2016/07 ... ay-update/
Re: 07/08/2016 Live Update
Posted: Fri Jul 08, 2016 12:22 pm
DOW INDU +1.1%
SPY +1.16%
QQQ +1.29%
IWM +2.36%
SPY +1.16%
QQQ +1.29%
IWM +2.36%
Re: 07/08/2016 Live Update
Posted: Fri Jul 08, 2016 12:26 pm
AND TLTAl_Dente wrote:DOW INDU +1.1%
SPY +1.16%
QQQ +1.29%
IWM +2.36%
new HOD + 0.82 + 0.58% and new 12yr+ highsRe: 07/08/2016 Live Update
Posted: Fri Jul 08, 2016 12:28 pm
Pulling back towards the EMA 20.
Re: 07/08/2016 Live Update
Posted: Fri Jul 08, 2016 12:31 pm
Oyfehro wrote:AND TLTAl_Dente wrote:DOW INDU +1.1%
SPY +1.16%
QQQ +1.29%
IWM +2.36%
Re: 07/08/2016 Live Update
Posted: Fri Jul 08, 2016 12:40 pm
Is this like a casino? People, and institutions, have money to play. Roll the dice. It does not seem value based. Whatever. Just follow the charts.Al_Dente wrote:Oyfehro wrote:AND TLTAl_Dente wrote:DOW INDU +1.1%
SPY +1.16%
QQQ +1.29%
IWM +2.36%
Re: 07/08/2016 Live Update
Posted: Fri Jul 08, 2016 12:44 pm
Some support at the EMA 20.
Taking a break. Will it be too disturbing to check CNN? LOL Shootings. Politicians. Ughhh
Taking a break. Will it be too disturbing to check CNN? LOL Shootings. Politicians. Ughhh
Re: 07/08/2016 Live Update
Posted: Fri Jul 08, 2016 12:45 pm
Re: 07/08/2016 Live Update
Posted: Fri Jul 08, 2016 12:47 pm
Al_Dente wrote: