Cobra's Market View

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All time new high, but not decisive enough, so still some chances of Double Top, not big chance of course as the trend is up, let's wait and see.

Hightower daily for fun only. glta.

members only update starts here: http://www.cobrasmarketview.com/2013/11 ... ay-update/

GDP estimated growth 2% on year
ACTUAL REPORTED IS 2.8% (green)
Initial jobless claims reported at 336k (red) on estimates of 335K

INDEx 5m... VIX gaps UP

SPX 15m

One month sector performance
Odd that at market highs, the defensive sectors are so strong

Al_Dente wrote:One month sector performance
Odd that at market highs, the defensive sectors are so strong

116sectors_png.png

That only means one thing to me.

nasty reversal...will it hold.... atm SPX 15m ... but we did fill the morning gap

TRIN just shot to 1.27 bear

Dow just tagged its rising resistance and found sellers.

wait to see if the morning dip is bought again aggressively.

SPX 60m... gravestone doji / inverse hammer

TWTR to open at $26 as priced last night
stockcharts has the symbol on the daily charts
Not trading yet
[is there any chatter on Bloomberg???]

Out of Bounds wrote:

Al_Dente wrote:One month sector performance
Odd that at market highs, the defensive sectors are so strong

That only means one thing to me.

hi boss how is Snogger?

For the bears.. http://grooveshark.com/#!/s/Harder+Than ... an8O?src=5

Nasdaq seems very weak today.

SPX 15m... look out below

Al_Dente wrote:TWTR to open at $26 as priced last night
stockcharts has the symbol on the daily charts
Not trading yet
[is there any chatter on Bloomberg???]

TWTR IPO was priced at 26
Will open for trade much higher
CNBC has actual attempts at Post 8 on NYSE to open TWTR
It was 30 times oversubscribed
So far 45 x 46 has still not matched buyers and sellers