Back to www.cobrasmarketview.com

08/31/2020 Live Update

User avatar
Cobra
Site Admin
Posts: 58668
Joined: Sat Feb 12, 2011 10:29 pm

08/31/2020 Live Update

Post by Cobra »

If you're StockCharts member, please do me a little favor by "vote" and the most importantly "follow" my public chart list HERE. You need "follow" only once but vote can be done everyday, so whenever you have time, please vote for me, thanks! If you're not StockCharts member, you can also help boosting my rank by clicking the link once everyday.
  • Please, again, all my calls in the daily live update is for intra-day only, they're absolutely invalid when the closing bell rings. If you're interested in the forecast for days and weeks, Please subscribe my Daily Market Report.
  • Personal attack on any board members won't be tolerated. Please limit your topic to trade related only.
  • Please no direct link to your personal web site or blog. You must post rich contents here. You can, however, put link to your personal web site or blog as your signature.
  • I'm very busy during the trading hour, so your question posted on board might not be answered. For a guaranteed answer to your question please send email to info@cobrasmarketview.com.
========================================================================================================================================================================

Clear 3 push up, the pullback gets sharper this time so a 2 legged pullback could be due soon.
Attachments
ES60min.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.
User avatar
Cobra
Site Admin
Posts: 58668
Joined: Sat Feb 12, 2011 10:29 pm

Re: 08/31/2020 Live Update

Post by Cobra »

The members only update starts here: http://www.cobrasmarketview.com/2020/08 ... ay-update/

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.
Heck
Posts: 2535
Joined: Thu Nov 15, 2012 4:56 pm
Location: Lake Tahoe, Nevada

Re: 08/31/2020 Live Update

Post by Heck »

Blowoff Stage

CNN Fear and Greed Index in EXTREME GREED = WAY DOWN

Forward P/E Chart https://tinyurl.com/y37kznw9

Two/Three ISEE Indices = DOWN DOWN

Index Long Opening Undervalued PUTS Three times calls = DOWN DOWN DOWN

AAPL SELLING < 130.05 edit

QQQ SELLING < 295.18 edit

TSLA SELLING < 497 edit

TRIN > 1

VIX Spurts + 10 %

Best August in 36 years

Happy Birthday

Mr Buffett's Indicator Overbot https://tinyurl.com/y6z34eob

Mr Buffett Buying Japan Trading Companies

Market cap of all US stocks (just under $37 trillion) now amounts to 190% of GDP (as of Q2)

Moths to the Flame

Rich get richer

BEARYA TECH WRECK https://tinyurl.com/y2cunccl
Last edited by Heck on Mon Aug 31, 2020 1:03 pm, edited 10 times in total.
User avatar
Cobra
Site Admin
Posts: 58668
Joined: Sat Feb 12, 2011 10:29 pm

Re: 08/31/2020 Live Update

Post by Cobra »


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.
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 08/31/2020 Live Update

Post by Al_Dente »

Robinhood, TD, and Vanguard all having issues right now.
massive buy orders in AAPL and TSLA at fidelity
https://eresearch.fidelity.com/eresearc ... ders.jhtml
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
User avatar
Cobra
Site Admin
Posts: 58668
Joined: Sat Feb 12, 2011 10:29 pm

Re: 08/31/2020 Live Update

Post by Cobra »

Breakout would be more likely if touches the blue line above again as I see possible C&H pattern.
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.
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 08/31/2020 Live Update

Post by Al_Dente »

AAPL:
history of apple stock splits
https://www.cnbc.com/2020/08/31/history ... ningsquawk
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 08/31/2020 Live Update

Post by Al_Dente »

This is a big MONTHLY candle as we near the monthly close today.
Find another big candle to compare it to (there are a couple), since the 2009 bottom.
Plus,this current monthly candle has a GAP. That looks rare but I haven't done an exhaustive study of monthly gaps.
831MONTH.PNG.jpg
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
te_fern
Posts: 4018
Joined: Tue Nov 24, 2015 3:35 pm

Re: 08/31/2020 Live Update

Post by te_fern »

Pasta Boss, I've been having problems all morning with TD. Glad I don't have a trade on that I would want to get out of!
This is not investment or trade advice.
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 08/31/2020 Live Update

Post by Al_Dente »

ROBINHOOD is trending
https://twitter.com/search?q=Robinhood& ... cal=trends

TD Ameritrade is trending
https://twitter.com/search?q=%22TD%20Am ... cal=trends

they are also saying that SCHWAB is down.
My SCHWAB platform has been up and fine all morn
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 08/31/2020 Live Update

Post by Al_Dente »

te_fern wrote:Pasta Boss, I've been having problems all morning with TD. Glad I don't have a trade on that I would want to get out of!
:shock:
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Heck
Posts: 2535
Joined: Thu Nov 15, 2012 4:56 pm
Location: Lake Tahoe, Nevada

Re: 08/31/2020 Live Update

Post by Heck »

te_fern wrote:Pasta Boss, I've been having problems all morning with TD. Glad I don't have a trade on that I would want to get out of!
Internet a mess this AM including blocked access to CMV, TD Ameritrade Schwab, Vanguard

WIN 10 update last night
User avatar
Cobra
Site Admin
Posts: 58668
Joined: Sat Feb 12, 2011 10:29 pm

Re: 08/31/2020 Live Update

Post by Cobra »

False breakout, now we may have double top.
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.
ccash04
Posts: 397
Joined: Wed Jul 13, 2011 9:20 am

Re: 08/31/2020 Live Update

Post by ccash04 »

Had some trouble with TDA and schwab but schwab appears to be cooking now just issues with timeouts earlier intermittently.
te_fern
Posts: 4018
Joined: Tue Nov 24, 2015 3:35 pm

Re: 08/31/2020 Live Update

Post by te_fern »

Hey, even the FANGs pulled back! :D
Attachments
FNGU.PNG
This is not investment or trade advice.
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 08/31/2020 Live Update

Post by Al_Dente »

THE BIG FIVE, last 10 days %
plus TSLA in dashed green [as you know TSLA is NOT one of the big five]
831five.png.jpg
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
jaijailyc
Posts: 141
Joined: Sat Aug 06, 2011 5:33 pm

Re: 08/31/2020 Live Update

Post by jaijailyc »

TSLA's part of the big 7!!!
User avatar
Cobra
Site Admin
Posts: 58668
Joined: Sat Feb 12, 2011 10:29 pm

Re: 08/31/2020 Live Update

Post by Cobra »


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.
User avatar
Cobra
Site Admin
Posts: 58668
Joined: Sat Feb 12, 2011 10:29 pm

Re: 08/31/2020 Live Update

Post by Cobra »

Touch the upper blue line again then breakout would be more likely and for real.
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.
Heck
Posts: 2535
Joined: Thu Nov 15, 2012 4:56 pm
Location: Lake Tahoe, Nevada

Re: 08/31/2020 Live Update

Post by Heck »

The week is young and young investors are hot and bothered
https://tinyurl.com/yxe8kplo
Last edited by Heck on Mon Aug 31, 2020 2:19 pm, edited 2 times in total.
Post Reply