Cobra's Market View

Have been using COST as a proxy for validation of moves. It is not happy today, hmmmmm. FWIW.

One small bright spot:
https://www.seattletimes.com/seattle-ne ... ronavirus/

From The It's Incredible that this happens -NOT Department :? The 8 Am Eastern SPY Pbar this morning that I did not look at gave away the entire F'g range today including the spike BS "before???" it happened. How does anyone trade with this type of ongoing manipulation?? LOL! 2020-01-30_12...

Trades with cats wrote:Chopping around. Who do you think is right Chuck Prince and the Davos crowd or Corona virus turning into the new Spanish Influenza?

Maybe a serving of Corona at Davos would be helpful. I mean, if they are embracing wholesale disruption as a great thing

Light reading for a boring day: https://www.cnbc.com/2019/11/04/study-single-anonymous-market-manipulator-pushed-bitcoin-to-20000.html 8th paragraph down - oh my :roll: "The study comes after an analysis published in March found that 95% bitcoin spot trading is faked. The survey, created by cry...

BullBear52x wrote:

1der wrote:problemos?? Went to short some SPY in my Interactivebrokers acct - msg: No shares readily avalable for shorting -

SPXU the alternative.

Thxs! Forgot about the inverse ETF's. I have always been able to trade both ways with SPY. It was a surprise.

problemos?? Went to short some SPY in my Interactivebrokers acct - msg: No shares readily avalable for shorting -

It will be interesting to see what coolbiz1 ultimately did here. He removed the 2999.25 stop on his long at 3004. I have never seen him do that before.

BullBear52x wrote:we are doomed folks

Cue Mr. Miyagi

How timely re drone strike on SA oil refinery - right before the Fed meeting.
Guess this gives them an excuse to hide behind to do the rate cut.

On a plane
PBars are pretty apparent from last week and this morning
GLTA

August manufacturing PMI comes in under 50, this is where recessions start (despite what Donald and plastic-puppet Kellyane say). This may force Fed to cut the rate, it may be too late though. Fed behind the cure? Why Sir, I have never heard of such a thing! :lol: :lol: :lol: Huge tax cut = huge de...

Potential cracks here in the San Francisco Bay Area ?? Things in the housing sector may be slowing down. I have been trying to get a tile person in to due a bathroom, never get a call back, everyone is super busy especially the high quality people. Well, yesterday one of them called and apologized s...

What scenario yields a 51% down?? Seems every scenario results in up
Have a great weekend and thank you to Cobra and All for everything you share - appreciated and respected.

This morning SPY PBar
297.90
There is 7/19 afternoon at 299.40

fwiw

So, we have a pending agreement for a deficit increasing budget that removes debt caps, we have a Fed nominee who thinks the Fed should have cut rates by .5 in June, and a government that is quickly losing checks and balances. :shock: This leads to what??? Interesting Roaring 20’s articles about int...

QED wrote:Pre-market P-bar on SPY: $291.22!

Hmmmm .... what platform do you see that on? This morning on IB is 298.89. There is an unfilled at 289.00 from around June 18.

Free small Slurpees at 7-Eleven, 11am-7pm today. not joking Which Roman emperor said give them bread and circuses? This phrase originates from Rome in Satire X of the Roman satirical poet Juvenal (circa AD 100). In context, the Latin panem et circenses (bread and circuses) identifies the only remai...

I give up. Bank of America PBar from 2015
Seriously???????? 280.00. Now “only” 100 pts above.

Interesting article:
https://www.cnbc.com/2019/07/09/theres- ... h-day.html