05/08/2015 Live Update

[Cobra]

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Must be a very good job data (or very very bad data). Let's see if market can hold the gain during the regular trading hours.

[fehro]

Must be a very good job data.

Anyhow... pop and drop?.. great short entry?... crazy talk..... SPX mind the upper trends, 20d 2100.79 50d -2089 20w 2074.

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2015/05 ... ay-update/

[fehro]

USOIL... seems to be reading the job data correctly....

[Out of Bounds]

cletus gets the credit.

He was right all along.

.

So, now what?

[fehro]

DXY/ USD doesn't like the data either... worth watching GOLD today..

[jway888]

haha NYSE 14.3:1

That's the first time I saw this figure, let me grab a beer

[cletus]

extremely embarrassing for bearish bloggers and analysts

lots of mea culpas coming

[cletus]

This is still my view on the the current SPX formation, 2200+

[fehro]

INDEX days.. nice little pop on TLT

[q2model]

cletus gets the credit.

He was right all along.

.

So, now what?

I do not think all is clear for bulls even though my models are bullish. With current volatility, no side wins yet.

[jway888]

bears should admit that to fill up this "gap" is like having the courage to date a 120old tranny...

[fehro]

SPX .. possible resistance.. looking to go short ...cautiously.... waiting.. for hourly

[Out of Bounds]

RUSSELL lagging significantly. Saw some comments that this could be troublesome - not so far though.

[fehro]

weekly trying to save it.. SPX looks suspicious hammer at the top.. guess next few weeks will tell

[finman66]

Upside SPY p-bars at $211.37 from May 5 are now met

Remaining open $212.00 and $212.34 from May 4 and April 27 respectively

Still open QQQ p-bars at $109.25 from May 5

[1der]

Upside SPY p-bars at $211.37 from May 5 are now met, there are no further upside open p-bars for SPY

Still open QQQ p-bars at $109.25 from May 5

Is there one at 212 from May 4 ?

[Junior Buffett]

Did DOW made new high with S & P ? I suspect that this is in play...

BULLS can't have both ways..job numbers bad..RUN..job numbers good..RUNNNN...

This is run up looks like more with UK election than anything else..reality will hit hard next week...see you 2000...

My aim is to get 1920's by end of this month or beginning of this month for S & P

[fehro]

extremely embarrassing for bearish bloggers and analysts

lots of mea culpas coming

signal.. going short

[Junior Buffett]

extremely embarrassing for bearish bloggers and analysts

lots of mea culpas coming

signal.. going short

So did I...hahaha