Cobra's Market View

Hello Cobra Logging in after nearly a decade (dont even know when i logged last), good to see you doing awesome. I just want to Thank you for whatever you are doing. While i dont login and dont trade that often, I have personally learned so much by just observing you/your posts, its been a journey o...

http://bbs.cobrasmarketview.com/viewtopic.php?f=2&t=1959#p216589 Every index in the world has "hot pockets" on both sides. Either we rally higher or crash. There cannot be another game in town. Pick your side and play safe :idea: Guess bulls win. Breadth thrust has been the best since ...

We are into 7th month without a week of "New 52 week highs" on NYSE > 70. Only two other times this happened was 2000 April and 2008/09.

Every index in the world has "hot pockets" on both sides. Either we rally higher or crash. There cannot be another game in town. Pick your side and play safe

Is the stoke market open today? hours passed by but ticker no moving

Basic character of a bear market, is Confusion. At many junctures it would feel like the world will end tomorrow while at the very minute it would feel like we will get face ripping rally. The fundamental aspect is to confuse both bears and bulls. :geek: Needless to say we are currently in the exact...

Anyone trading options for a while? Can you please comment on why options market seems like asleep behind the wheel? Neither is there any movement nor any volume on "most" high beta stocks or etfs. Been waiting to see even normal option volume for many days now

I am thinking the "conditioning" of BTFD has created this V shaped mentality where 11/2/230/3/330 are the times things move, has changed the way traders are playing. Everyone now knows this for fact and it is not a secret anymore. BUT, one day this will change and everyone will be caught w...

No, Thank you for all the hard work and awesome analysis. On the same lines, stocks < 30RS (high beta that I track) has not even touched the mark that they did in Oct of 2014, let alone reaching the mark touched in Aug 2015. Not really sure what to make of that other than the fact that this move dow...

The entire composition of the indicator is extremely complex. But the basic premise is how the high beta stocks which actually move the market perform relative to their own historical performance. The minimum requirement for this is the relation of current stock to its 52 week high/low and then its ...

Cobra san, This has been the phenomena, somehow, the last 6 years of bull market. You keep chugging higher on the spy by simply rallying a "few" of the heavyweights in that index. Rest all are just going down the drain. One of the indicators I use is the range between high/low for all stoc...

No of stocks < 10MA have been only lower or similar twice in the last 30 years. Both cases SPY bottomed and never made significant lows after that point for many months or even years. Hope this helps others

What mistake FED did once/twice, it cannot and wont repeat it ever again. It cannot and will not ever raise rates. The cost to exchequer is so high with even 25bp that it simply cannot. In the absence of fed qe, we could probably be seeing a lost decade or two in equities and everywhere. Proof in fr...

Hey, ladies and buys, let's vote again: Was the Oct 4 low the low for the October? Btw, wheres uempel. Hez missing from all the action, hope hez doing well. :-) Thanks for asking Jason, very thoughtful. I guess you know that trading can be quite stressful. Doesn't improve trading results when red l...

Hey, ladies and buys, let's vote again: Was the Oct 4 low the low for the October? Cobra, may be i am getting too paranoid here. But do you think there could be a way these polls (not just here, anywhere), could be either a) worded or b) created in such a way that folks taking the poll can easily d...

still too stretched. I closed my longs frm yest. All i can say is that the price-volume action is not matching with loooooooooots of stuff. I am not really trusting this rally. We have moved up nearly 60 points from the low on ES and NONE of the indicators that i use have even budged a little. May ...

I don't even look at charts below 60M. Please refer to Cobra's posts/reports from the last 1 week and you will see what i am talking about. :-) SPX Bullish Butterfly. http://99ercharts.blogspot.com/2011/10/spx_8429.html Wow, someone has the guts man. :-) Just kidding. Plan the trade and trade the pl...

SPX Bullish Butterfly. http://99ercharts.blogspot.com/2011/10/spx_8429.html Wow, someone has the guts man. :-) Just kidding. Plan the trade and trade the plan, easier said than done. :-) Its not easy, but i try. http://bbs.cobrasmarketview.com/viewtopic.php?f=9&t=317&view=viewpoll My downsi...

I expected 1050, but it looks like this doesnt even want to wait until friday. :-) Thanks cobra for your hard work. well, guess that's it for today, it looks like a breakdown then consolidation below the breakdown area therefore the big picture doesn't look good. thank you ladies and guys, I'll see ...

:ugeek: Thanks Cobra. I will have to see if i have enough supplies of "what i smoke" because i have a feeling that option will be the most popular one. :-) First of all, there's a new poll in the poll area, let's encourage Jason by voting there: http://bbs.cobrasmarketview.com/viewtopic.ph...