12/27/2017 Live Update

[Cobra]

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triangle, bias is up.

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2017/12 ... ay-update/

[Cobra]

members only update at 10:00 am
http://www.cobrasmarketview.com/2017/12 ... ay-update/

[te_fern]

Yesterday's high is also the first resistance pivot. Seems to be holding back the rally right now....

[te_fern]

Sneak through, can it continue??

[te_fern]

TICK is strong...

[te_fern]

No worries from VIX....

[Cobra]

morning hourly black bar

[Cobra]

the pullback probably will be bought.

[fehro]

According to the timetable, 2020 will be the peak of the equities bubble, followed by a major crash similar to that of the Dot-Com bubble.

To the economists we’ve spoken to, the peak could range between 2019M09 to 2020M03. Given how large the S&P500 bubble has become, it is worth treading very carefully during this period for those exposed to US equities.



http://www.zerohedge.com/news/2017-12-2 ... ash-coming

[Cobra]

members only update at 12:05 pm
http://www.cobrasmarketview.com/2017/12 ... ay-update/

[Al_Dente]

YEAR IN REVIEW (a few days early)
Indices performance % YTD
Note the lag in smalls (cyan), up 14.23% so far this year, while SPX (purple) is up 19.84%, and INDU (lime) is up 25.36%
Weekly chart

Long-term performance going all the way back to the big low of 3/9/2009.
Best are discretionary (pink) and financials (red).
Even if you substitute RCD (equal-weight discretionary, not shown here), it is still the best performer.
So the hope is that as a [~70%] consumption economy, we’ll continue buying those Tchotchkes, and hopefully our credit card defaults won’t grow too big…
Weekly chart

[johnnywa]

Going down like cheap beer at a wedding.This Santa rally surely sucks

[Al_Dente]

“When everyone sees something as clear … day traders should always be ready for the opposite.” [Al Brooks]

[brokebybernacke2]

According to the timetable, 2020 will be the peak of the equities bubble, followed by a major crash similar to that of the Dot-Com bubble.

To the economists we’ve spoken to, the peak could range between 2019M09 to 2020M03. Given how large the S&P500 bubble has become, it is worth treading very carefully during this period for those exposed to US equities.



http://www.zerohedge.com/news/2017-12-2 ... ash-coming

hmmm. 2-3 more years of this rally??? maybe the top is in?!

[Al_Dente]

Cannabis
https://eresearch.fidelity.com/eresearc ... R____&sb=1

[johnnywa]

Cannabis
https://eresearch.fidelity.com/eresearc ... R____&sb=1

Checkout this gem Cannabis Wheaton CBWTF

[Al_Dente]

HAPPY HOUR

[Cobra]

members only update at 3:55 pm
http://www.cobrasmarketview.com/2017/12 ... ay-update/

[Cobra]

well, guess that's it for today. Thursday tomorrow has been bull friendly recently. thank you guys, I'll see you tomorrow.

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