Back to www.cobrasmarketview.com

05/02/2013 Live Update

User avatar
Auole
Posts: 174
Joined: Mon Nov 14, 2011 3:03 am

Re: 05/02/2013 Live Update

Post by Auole »

Emini: I've no idea if whether to short here or not (bear snort).
Don't like the strong ADX nor the blue in the TTM wave, bottom indicator.
Read yest. bunch of big global class banks are buying equities. Then again....
I ask myself what idiot would be buying at a top like this? Dixie up again today,
XIV up but much weaker up, 30 yr bonds up/consolicating around 149'.
Chaos reigns in this market.
ES2may30minCob.png
User avatar
Cobra
Site Admin
Posts: 61830
Joined: Sat Feb 12, 2011 10:29 pm

Re: 05/02/2013 Live Update

Post by Cobra »

well, guess that's it for today. NFP report tomorrow, has been up 4 of last 5. thank you guys, I'll see you tomorrow.

before the close, please take a little time to vote for me, thanks. https://stockcharts.com/public/1684859/tenpp
Attachments
1.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
ALdaytrade
Posts: 1244
Joined: Thu Apr 04, 2013 12:55 pm

Re: 05/02/2013 Live Update

Post by ALdaytrade »

Friday, May 3rd, 2013

8:30am Forecast Previous

USD Non-Farm Employment Change 146K 88K
USD Unemployment Rate 7.6% 7.6%
USD Average Hourly Earnings m/m 0.2% 0.0%

10:00am

USD ISM Non-Manufacturing PMI 54.1 54.4


Do you feel lucky, Punk?
User avatar
Unique
Posts: 3911
Joined: Tue Sep 06, 2011 3:19 pm

Re: 05/02/2013 Live Update

Post by Unique »

MrMiyagi wrote:Anyone betting RED Friday (even though it has been bullish)?
With a daily candle like this? F' that, BTFD :lol:
Restarted the AAPL blog into E-mini S&P 500 Trading Blog , see here: http://aapltechnicals.blogspot.ca/
johnnywa
Posts: 1030
Joined: Tue Aug 23, 2011 11:09 am

Re: 05/02/2013 Live Update

Post by johnnywa »

Market moved more in 75 seconds than last 2 hours what a frickin joke again
User avatar
Unique
Posts: 3911
Joined: Tue Sep 06, 2011 3:19 pm

Re: 05/02/2013 Live Update

Post by Unique »

Too soon? :mrgreen:

Image
Attachments
spy_may_5_60.PNG
Restarted the AAPL blog into E-mini S&P 500 Trading Blog , see here: http://aapltechnicals.blogspot.ca/
User avatar
Tutti
Posts: 565
Joined: Tue Sep 13, 2011 9:19 am
Location: New York

Re: 05/02/2013 Live Update

Post by Tutti »

Unique wrote:
MrMiyagi wrote:Anyone betting RED Friday (even though it has been bullish)?
With a daily candle like this? F' that, BTFD :lol:
over last 4 years 47% of fridays were red with an avg loss of .83% - so stats wise bulls have the edge.
User avatar
Tutti
Posts: 565
Joined: Tue Sep 13, 2011 9:19 am
Location: New York

Re: 05/02/2013 Live Update

Post by Tutti »

...and lnkd down 10% a/h's. whoops.
User avatar
Apple
Posts: 180
Joined: Tue Aug 09, 2011 12:34 pm

Re: 05/02/2013 Live Update

Post by Apple »

Tutti wrote:...and lnkd down 10% a/h's. whoops.
...and aapl down to 438.59 at 4:20... :o
User avatar
Nrsimha
Posts: 473
Joined: Wed Jul 25, 2012 2:54 pm

Re: 05/02/2013 Live Update

Post by Nrsimha »

Tutti wrote:
Unique wrote:
MrMiyagi wrote:Anyone betting RED Friday (even though it has been bullish)?
With a daily candle like this? F' that, BTFD :lol:
over last 4 years 47% of fridays were red with an avg loss of .83% - so stats wise bulls have the edge.

http://www.newyorkfed.org/markets/tot_o ... edule.html

:lol: :lol: :lol:
User avatar
TWT
Posts: 2506
Joined: Wed Nov 16, 2011 6:57 am
Contact:

Re: 05/02/2013 Live Update

Post by TWT »

$DAX: One more up leg looks likely
Attachments
dax 15 min.png
User avatar
TWT
Posts: 2506
Joined: Wed Nov 16, 2011 6:57 am
Contact:

Re: 05/02/2013 Live Update

Post by TWT »

$EURUSD: Absence of impulsive up leg = No Top. Maybe an ED wave (C) ?
Attachments
EUR 120 MIN ED OPTION.png
Post Reply