Cobra's Market View

The S&P is up 1.3% on the year, defying bearish predictions and also the bogus January Barometer. Wait till you see what these low crude prices do to bears later in the year, it has not even worked itself into the market yet. Bears will be anihilated when that comes out in the profits reports o...

bear flags? descending wedges?.. very doubtful.. I love that fact that many bears are turning very bullish charts, moving lines, and trends, adn shifting patterns to make them look BEARISH.....to please themselves Even if we are up 30 points from here on ES< we are still at fair value. One has to r...

2 things from the floor here.

1) Bears, and many blogs kept saying we would just go sideways here before a big crash EARLY 2015.

2) Bears will not like what is coming, someone send them a VOMIT BAG please. ,

love the fact that bears are looking for a SELL off or CRASH here.

Do not be surprised if we see them get hung out to dry in FEB, just a guess.

there are lots of inexperienced in here, and other forums, claiming that this is the top again. What you must look is the VIX, and the PMO and sources that are reliable. Us here down on the floor believe that santa just got dressed in his suit, and winking at the bears, and wishing them luck. Its no...

bears expecting no more QE, and the end.

Do not listen to me, but that is the opposite of whats about to happen.

What them string this beeatch out, into ummmm i dont know....infinity.

FED is in too deep now, to just stop this splurge. QE4......TALLY HOOO!!

We have new order flows and also algo trades that go up to 1 tick of the last high on SPX.

This would mean over the next few weeks, we could go back up to the highs soon.

Lots of bears piling in the last few days, large orders, and flows, which would be just enough for the bulls to win this

Ok, so I cannot stay on teh floor computers long here, so I will let you in what is happening. Big paper here is getting ready to SELL BIG TIME in the next few days. They Have the VIX up a few more points, and they will push that, so THURS - FRI sell rallies. Stay with smart money there. So next, yo...

bears probably have more pain coming latter part of 2014. OUCH!!!

Its been a bad few years bears!!!

The new monthly target on SPX now is 1999, and 90% of the time in 12 months these monthly targets are hit. Dunno when but.

The bulls will love this chart below. BULL / BEAR market ratio. I posted this weeks ago, means more upside is likely this year in accordance with above.

yes cobra!

YOUR HARD WORK AND DEDICATION IS AWESOME

*sorry for yelling in caps, but it needed to be said

Let's SPY on the SPY boys and girls!

Lift its skirt and see what is underneath ey?

Seems the uptrend remains in tact, and could be IHS continuation pattern setting up.

Just a guess, see chart below guys!

... My verdict : do not listen to people who keep throwing these margin debt charts around. They have been screaming a top since 2011-2012 has it occured ?? NO! is a market top coming? well most possibly, but its too early to tell. To many people 'creaming in their jeans' about these sorts of chart...

The latest Margin Debt figures were released Wednesday night: Margin Debt declined by over $15 billion [source: nyxdata.com] 52margin debt_png.png Here is one analyst that explains why it’s “too early” for a protracted SPX decline: 52margin debt2_png.png OK here is something for you about that char...

The general consensus = DO NOT FIGHT THE FED! more bullchit from YELLEN, for now, but she slipped the tounge. As soon as QE, TAPERING is done, and interest rates start coming in, the market is in serious trouble, and you see a cross in this bull / bear market lines to the downside. For now the FED w...

what we have to tell you is, the lots of average newbie traders are looking for more down, or a 1987 style crash in 2014. What I can tell you is that using simple charts like BULL / BEAR ratios on the market can put you in the right mentality pretty fast. This chart been working for years, and timin...

what we have to tell you is, the lots of average newbie traders are looking for more down, or a 1987 style crash in 2014. What I can tell you is that using simple charts like BULL / BEAR ratios on the market can put you in the right mentality pretty fast. This chart been working for years, and timin...

the midcappers look good.

I think the news is coming out in the charts first. Just taking a wild stab in the dark, but the market is probably looking for a nice sell off of 65 - 85 pts down. I do not trust this market, and would not think it is safe to buy this dip here. The bulls are in for a rough ride in the next few week...