Cobra's Market View

Gold has a buy signal.

On 12/15, NUGT gapped down huge on its biggest volume day EVER.

NUGT last did this on 11/11 and actually had a nice 15% rally.

Daily SPY:

Still short. I expect a big gap down either monday or tuesday. Something pretty big. Might just gap down to like SPY 222 and head lower.

Our seller showed up again and hammered SPY down another buck. Only been showing up once per day tho so we might float up from here.

I kinda thought we'd sell off at the close as the big seller would dump but maybe not.

This could be controlled selling. Someone big is selling chunks at a time, and then letting the market float up before the next dump.

My sell signal's track record: it has won 14 of the last 15 times.

I got a big sell signal on daily SPY that doesn't come up very often. Last time was 20 months ago. It says were taking a pretty good drop.

I think SPY will be several points lower by monday. This shouldn't be a one-day plunge. There is latitude for a green day today.

Daily SPY:

I'd short more right here if I wasn't fully short. Just riding out this pop.

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Daily SPY:

Still short.

Daily SPY:

I took on the short position described earlier. Good luck all.

Daily SPY: Upper Bollinger Band breaches (like we got yesterday) are major shorting points. Its cut and dry how to play them. There are two outcomes. 1. They mark a big multiweek top. Short the close (or the open the next trading day) and ride it down. Winners will drop far for huge profits. 2. Your...

Daily SPY

As is customary I got a buy signal on my morning commute. Already bot and it cashed out. Done for the day.

Today feels like almost controlled selling with periodic big red bars showing up after a brief rally.

I was gonna buy under SPY 220 but it quickly broke down to new lows so a buy is off the table...

Does anyone have an idea on how to buy stock in gab.ai? They are in position to grab possibly enormous market share from Twitter. People are upset Twitter bans right-wing accounts for political reasons and are flocking to Gab. Is it an openly traded company? I can't find it. Either this or short Twi...

I keep trying to go long under SPY 220 but every time it gets there it jumps back up over 220.