11/10/2014 Live Update

[Cobra]

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Breakout then consolidating above the breakout point, I see nothing wrong.

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2014/11 ... -update-2/

[Out of Bounds]

Short this morning. HEAVY.

[fehro]

SPX 3m some resistance here orange triangle/H&S possible VIX green

[gappy]

15 minute.

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Vote Cobra. glta

[fehro]

SPX

[Cobra]

members only update at 10:04 am
http://www.cobrasmarketview.com/2014/11 ... -update-2/

[fehro]

INDEX dailies… new all time highs.. INDU / TRAN

[tsf]

Thank you for sharing your thoughts.
Newbie's observation and question: You often seem to be ahead of the pack (?) Do you follow some early trends?

Short this morning. HEAVY.

[fehro]

VIX 15m.. possible support Sep/Oct lows 11.20-11.50 range

[Out of Bounds]

Thank you for sharing your thoughts.
Newbie's observation and question: You often seem to be ahead of the pack (?) Do you follow some early trends?

Short this morning. HEAVY.

I'm always early and I often pay for it.

I watch many things and it's difficult to explain because I change the importance of different indicators as the market changes. Lately though, I have noticed that the rally has involved fewer and fewer stocks and that leads me to believe that the rally is losing steam. Just look at the breadths of the different indices.

[Cobra]

triangle, bias is up.

[Wallstreetrader]

Inverted H&S activeted ?

[Out of Bounds]

NASDAQ is leading higher while Russell is lagging. Ouch.

[Al_Dente]

Friend of the Cobra board, Urban Carmel @ukarlewitz has a cogent post arguing that the end of QE may not be such a timely catalyst for a drop in equities. Using FRED graphs, he shows that a negative surprise in macro growth (“macro deterioration”) was in past years a much more important catalyst.
And he reminds us that although there is no more POMO, the Fed “plans to reinvest principal payments” from their sizeable holdings ($4.5trillion). “This is equal to about $5b in inflows every month.”
http://fat-pitch.blogspot.com/2014/11/t ... .html#more

[gappy]

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[Al_Dente]

Last week we saw new highs on most of the major indices.
This is the PERFORMANCE of the sectors for all of last week (as of the close Friday). Staples and Utilities, the most defensive sectors, were best. Oy.

[Cobra]

this bull shall have legs.

[gappy]

Hourly.

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[Out of Bounds]

Al_Dente,
Regarding your comments this weekend about auctions, I was looking at a watch auction this weekend and prices were very high. I ended up not getting anything. I couldn't believe how high things sold for.