Cobra's Market View

Late night long term view for Apple: MONTHLY chart.

Morning SPY PBar
294.35 high / 293.40 low

Well, been a LONG time since I have seen a regular session PBar
This is at 293.12

This morning SPY PBar 294.47

I cannot see Munchkin allowing a significant drop today w his bosses “kick off” (if only ) tonight in FL.

Plenty of unfilled SPY PBars below including this morning at 289.00

Thought came to mind last night - Why is he doing all this? I think he really wants the Fed to lower interest rates. He feels the FED did it for Obama so they should/have to do it for him. He feels they owe it to him. He wants to "super charge" the economy as his legacy. And if he can get ...

This is where I draw the line. They start faulking around with my chocolates. Seriously, emojis ! Real question: How many ounces will be left in that skinny little pos? https://www.weau.com/content/news/Hershey-redesigns-chocolate-bar-for-the-first-time-in-125-years-510026591.html Nothing is sacred...

This morning- SPY PBars
286.95 and 287.70 (do not normally see PBars at 5:30 PT)
Yesterday still out there at 284.48

If this AMZN PB at at 1825.57 fills, it will be something.

SPY high so far 288.88

8 is a lucky Chinese number - do you think they plan this?

Last night and this morning SPY PBars
282.00 and 284.48. (Note: two 287.94 are still out there but not shown on this chart)

From the FWIW Dept:
This morning SPY PBar 284.49
Monday afternoon- two PBars 287.94

This is a 30 second SPY chart - what a crazy spike in volume. 2 plus million shares in 2 mins, over $500 million just in SPY.

That was news algos jumping because of a White House Press release from Sarah Sanders on trade negotiations. MARKETS Trump says China’s vice premier is coming to the US ‘to make a deal’ Cramer: Trump’s trade tweet is about ‘getting the Dow up a little bit’ and pressuring China PUBLISHED 42 MIN AGO ...

Lol!! Just learned something new in the arena of “how brokers manipulate their clients accounts” - Interactive Btokers pop up “we repriced your Stop Order so it would not cross your set stop price” Had a stop for my SPY long at 288.11, just before it gets there they repriced and triggered at 288.12....

Yesterday morning had a SPY PBar at 288.17 that was not touched.

Asian markets down large - Shanghai nearly 6%

Al_Dente wrote:Check yr futures
https://finviz.com/futures_charts.ashx?t=INDICES&p=m5

Yep, that was why so posted the article earlier. So f’g ridiculous ..... he just woke up this morning and decided that? Really? Yeah........

“Someone” must have been getting all his short positions in place on Friday! This will be interesting

https://www.cnbc.com/amp/2019/05/05/tru ... riday.html