02/17/2015 Live Update

[Cobra]

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Bull Flag?

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2015/02 ... ay-update/

[Out of Bounds]

short 209.38

[cletus]

It seems cobra called for crude to keep going up. I was on the opposite side of that trade with puts on USO. Crude is down 2% today.

[daytradingES]

It hard to understand the market being this high.

It is as if someone know there will be a EuroQE "Euroqueen" and her wand will give a bit more magic levitation.

For myself it seems that Greece will have to get at least a 50% debt reduction- and the trioka won't give it so the end result in a few months is Greece with no EU debt - reneg and a drachma.

But for now MM is selling the Europatch and kick the can.

[FlowerGirl]

Long NUGT doing well...
Instructions were given on Feb12, trade opened at projected price this AM...as posted on Twitter...

[merryme]

To: daytradingES....

One possible explanation ....

".....And the fact of the matter is this: During times of war and conflict, money ALWAYS flows to the safest refuge. That safest refuge now is, ironically, the United States and its capital markets.
There are many reasons why, despite all the problems our country has.
For one thing, unlike Europe and many other parts of the world, the United States remains largely invasion- proof. Though we could suffer a missile attack someday, the odds of any foreign troops ever invading our country are almost non-existent. Capital likes that.
For another, our stock markets remain the deepest, most liquid, and most free. They are the world’s last bastion of capitalism, and the smart money knows it.
And for yet another, U.S. stock markets remain “confiscation-free.”
That’s entirely different from most of the rest of the world where the government still owns, even in Europe, vast portions of different industries, and would think nothing of usurping more industries and confiscating investor monies when push comes to shove.
There are more reasons as well. For instance, the fact that our stock markets are not overvalued and offer a decent dividend yield to boot.
But the bottom line is this: As I have reported to you in the past, our stock market remains in a long-term bull market largely driven by international capital flight to safety ...
Given the terrible state Europe is in, not to mention the Middle East ... and the concomitant ramping up of the war cycles.
For proof, all you need to do is look at the capital that has already rushed into the United States from abroad.
Total foreign ownership of U.S. assets (excluding complicated financial derivatives) rose from $16.594 trillion at the beginning of 2009 to a record $26.791 trillion at the end the first quarter of 2014.
That’s an astounding 61 percent gain in just five years, a record for such a short time period.
It’s a total of more than 10 TRILLION DOLLARS that has flowed into U.S. investments from abroad.
Of that $10 trillion ...
$4.088 trillion, or more than 40 percent, was directly invested in portfolios that include equity investments, mutual funds, and other equity-related investments.
Moreover ...
 Nearly 20 percent of the $4.088 trillion ... or $820 billion, came flooding in from foreign shores in 2013 alone.
It’s why U.S. equities are in long-term bull markets. But that doesn’t
mean there won’t be pullbacks in our equity markets. Indeed, we may be in the beginning of one now.
And I always will prefer buying on pullbacks. But the fact of the matter is this: Foreign buying of our stock markets is the main consequence of the ramping up of the war cycles, and it’s here to stay."

The above info is from Larry Edelson...

[Cobra]

It seems cobra called for crude to keep going up. I was on the opposite side of that trade with puts on USO. Crude is down 2% today.

I said rebound shall fail eventually but currently looks like rebound still has some room to go.

[Cobra]

members only update at 10:04 am
http://www.cobrasmarketview.com/2015/02 ... ay-update/

[Cobra]

morning hourly hollow red

[ALdaytrade]

It seems cobra called for crude to keep going up. I was on the opposite side of that trade with puts on USO. Crude is down 2% today.

I said rebound shall fail eventually but currently looks like rebound still has some room to go.

Cletus, you are like a porcupine in a jock strap or in a bra.

Post your chart if you would like to make a point.

[fehro]

SPX seems market is taking the Greece news in stride.. VIX up .. near couple levels of resistance

[fehro]

USO..60m... triangle.. mind the gaps.. and the eventual break..

[Out of Bounds]

[fehro]

[quote="Out of Bounds"][/quote]

LOL!!

[ALdaytrade]

LOL!!

[ALdaytrade]

What on earth will keep $NATGAS up?

[fehro]

VIX 60m..

[fehro]

INDEX days.. TLT weak

[fehro]

TLT daily..