01/14/2021 Live Update

[Cobra]

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No idea up or down from here, still in a range, near range high. Possible range day.

[Cobra]

The members only update starts here: http://www.cobrasmarketview.com/2021/01 ... ay-update/

[JFR]

SPY 5. Gap up. AFK. On a tablet.

[JFR]

Dow 30. Slight advantage to green. INTC leading again.

[BullBear52x]

same headless chicken with no head. waiting for rips to sell into this exciting market. Zzzzzzz

[Al_Dente]

smalls
semis
ATH

[Al_Dente]

Shares of BlackRock (BLK) were higher by more than 1% in Thursday's premarket after the world's biggest money manager reported better-than-expected profits and revenue in the fourth quarter. BlackRock's assets under management surged to a record $8.68 trillion at the conclusion of the quarter. (Reuters)

[Al_Dente]

EARNINGS REPORTS:
tomorrow, Friday: C, JPM, WFC

[Cobra]

Some resistances here.

[Cobra]

Members only update at 10:02 am
http://www.cobrasmarketview.com/2021/01 ... ay-update/

[Al_Dente]

President-elect is expected on Thursday evening [TONIGHT] to unveil a stimulus plan that will include a boost to the recent $600 direct payments, an extension of increased unemployment insurance and support for state and local governments. The stimulus could be as big as $2 trillion [CNN]

[Al_Dente]

Etrade down all morning

[BullBear52x]

How long this can hold, the dollar found the bottom.

[BullBear52x]

Weak sauce, no volume. south bound express Chu choooooo

[Trades w 2 Cats]

Dollar short is the largest consensus trade on the books. Biden successfully jacked up 10 year rates last night by going for 2 trillion, which was more than what the market had priced in. Observers noted that even though Fed speakers walked back comments on tapering bond buying they were ignored. Rates up dollar up let the short covering panic begin.

Another major consensus trade this year is rotation out of large cap tech and into small caps. Now Jonathan Temper, the famous hedge fund manager is saying small caps will be up 1 to 2 % a week for the entire year.

[Cobra]

so far it's just a range day, a boring one.

[Cobra]

Members only update at 12:15 pm
http://www.cobrasmarketview.com/2021/01 ... ay-update/

[Trades w 2 Cats]

[BullBear52x]

If there will be down trend day, this is it. let go bears!!!

[BullBear52x]

Option expiry tomorrow, so 3800 may be the max pain number, sorry Pu/Call buyers, the boring machine decided LOL