Cobra's Market View

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this bull may still have legs.

members only update starts here: http://www.cobrasmarketview.com/2017/03 ... ay-update/

Most likely a big jump over resistance at the opening

uempel wrote:Most likely a big jump over resistance at the opening

bngh.png

I believe it has already break the red line...next stop will be above 2400...

Long term:

Junior Buffett wrote:

uempel wrote:Most likely a big jump over resistance at the opening

bngh.png

I believe it has already break the red line...next stop will be above 2400...

I posted at 9:24, SPX was not open.

uempel wrote:Long term:

plsdo.png

Uempel, take a look..something like your long term chart

If anyone still wanting to short this market? Oy...

BullBear52x wrote:If anyone still wanting to short this market? Oy...

Not after Trump last night took credit and bragged about recent stock market record run after the election...so much for his bubble talk during the election..lol

You see I changed my Avatar...I am a Bull now...looking for 2500 and up in next 2 months ( sorry it could be in couple of weeks, who knows..lol)

so far looks like an uptrend day, bears be careful.

Junior Buffett wrote:

uempel wrote:Long term:

The attachment plsdo.png is no longer available

Uempel, take a look..something like your long term chart

Monthly/Weekly sounds about right.. or even way way higher looking at that monthly for the uber bull. ALL indexes nATH today.

Lofty McBull on the heat map, with financials the brightest green
http://finviz.com/map.ashx

El-arian calls it The POTUS Put
“So far, we’ve had a central bank put … If we indeed shift to a presidential put, that’s very different. President Trump needs Congress, so politics becomes more important.”
The central bank “put” refers to the idea that equity investors are protected against big market slumps because the Fed would ease policy to limit the damage. Trump’s focus on deregulation, lower taxes and stimulus spending to stoke growth has provided a similar level of assurance so far.
https://www.bloomberg.com/news/articles ... ntral-bank

well, only way is down

got my feet wet, very tight stop.

NY advancing stocks = 2.1 x declining stocks
NY advancing volume = 3.2 x declining volume

The old man once said "be fearful when everyone is greedy"

BullBear52x wrote:The old man once said "be fearful when everyone is greedy"

fwiw http://money.cnn.com/data/fear-and-greed/ got some more upside room

TLT hit hard.. as long term charts are breaking down.. bond money continues to move to equities as per the last few months..

/DX Pivot is at 101.75 selling now.