Cobra's Market View

Thursday, a lot of high beta/growth small to mid caps were up, following previous algo-controlled declines. That's especially true of the space sector, which is preparing for the SpaceX IPO, expected to be in June. Whether or not these kinds of stocks can sustain rallies can indicate the overall hea...

Anybody use PayPal for purchases and transactions? I got hacked and had a number of bogus transactions charged. They are cooperating, refunding, and my bank is involved. But it is scary. Identity and all that. I bought some chess books through a Russian website, over the years. Uh oh. It is their s...

China is the big kid on the block. It is curious why Trump is trying to bully them. Maybe they refused him some real estate projects. Services are USA's huge export surplus. China knows how to fight. It's not curious at all, and calling them the big kid on the block points out why both sides have p...

Semi condutors company in Arizona? needs lots of water to build fab, Arizona is known for lack of water, this got me to Hmmm another Media stunt? They've been investing heavily in water recycling to deal with that. Once the infrastructure and technology are there, all the companies can make use of ...

In the longer term, this bear market looks similar to the ones in 2001 and 1981. If that continues, the overall pattern would be something like a double zigzag. The June low would be broken during the usual September-October seasonality, a large bear market rally would happen in time for the Santa r...

With all the talk about how rare it is to find an admin as forgiving as Cobra, I registered to tell the unfortunate story of one who was even more forgiving. It was a technical analysis site during the blog boom after the 2008 crisis. One of the forum posters would regularly declare himself a genius...