Cobra's Market View

Real market continues DOWN
https://stockcharts.com/freecharts/gallery.html?SPY:SLV

BullBear52x wrote:easy day for bears, half off and kick back.

Nice trades BB52

Relentless squeeze in $SPX and $NDX to ever higher highs and bears are capitulating left, right and center. Short interest at 15 year lows, asset manager index parked north of 100, the complete elimination of down days in August, in short: The perfect bear set up

SH

SPY Optimism Peak
https://tinyurl.com/y47dnlln

BEARYA

GLD closes right here today then IN THEORY 3 reasons to buy a little: Testing the Aug 12 low then strong init rebound so some chances of double bottom. Testing the trend line for the 3rd time and rebound confirming the effectiveness of the trend line. Yesterday was a weak bull signal bar and today ...

QQQ SELLING < 293.54 edit

Red markets
Fed Powell’s Jackson Hole speech
Virtually Beyond Meat ?

34.5 million households will lose utility shutoff protections

BEARYA ?

Great calls Cobra
Thanks

Swiss Cheer
https://tinyurl.com/yxez6phw

https://tinyurl.com/nughbqm

Headline
S&P 500 and Nasdaq close at records again as Salesforce sparks massive tech rally

OTOH
Salesforce cuts about 1,000 jobs even as stock has record one-day surge

Exciting times to be sure

BullBear52x wrote:They are out to get me. all internals intraday are leaning bearish, yet for two days SPX continues up, well, I am not buying this, try again tomorrow. now we hit upper BB and RSI 5 >90 on Daily. Peace!

Aldous Huxley's wife Laura wrote a book
You Are Not The Target

She thrived 96 years

Delivery Drives Precious
https://tinyurl.com/y2y75ed6

SLVP Target + 174 %
From 15.75 to 43.07
+ 1.4 % Dividend Yield
0.39 % Expense Ratio
+ 57 % Past Year

Fact Sheet
https://tinyurl.com/y2az6ckc

Joseph Patrick Kennedy sold stocks and bought silver in 1929

https://tinyurl.com/y2brs7zj

Corporate Profits Lead Markets
https://fred.stlouisfed.org/series/A053RC1Q027SBEA

Market Also Led by Debt
https://fred.stlouisfed.org/series/NCBDBIQ027S

1996 Irrational Exuberance

Continues

Lumber Market
https://tinyurl.com/y3twg8xo

SNL on the Market
https://tinyurl.com/y3nfojk8

17-year-old Kyle Rittenhouse arrested and charged with Kenosha first degree murders and labeled a "fugitive from justice" Donald J. Trump@realDonaldTrump We will NOT stand for looting, arson, violence, and lawlessness on American streets. My team just got off the phone with WI Governor Eve...

Al_Dente wrote:per TA
in a "normal" market, when the indices overshoot, there is usually a pullback inside the channel
LOL
LOL
overbought for three days, and nobody cares

826fifteen.png.jpg

Algo ghosts don't care ?

MRNA Target + 32 %
From 66.03 to 87.3
+ 369 % Past Year
COVID Craze
No earnings