Back to www.cobrasmarketview.com

11/12/2020 Live Update

User avatar
Cobra
Site Admin
Posts: 60077
Joined: Sat Feb 12, 2011 10:29 pm

11/12/2020 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.
========================================================================================================================================================================

No idea up or down from here, still if sharp down anytime, it could be a lower high trend reversal, be careful in this case. Likely just a range day.
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: 60077
Joined: Sat Feb 12, 2011 10:29 pm

Re: 11/12/2020 Live Update

Post by Cobra »

The members only update starts here: http://www.cobrasmarketview.com/2020/11 ... 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.
User avatar
JFR
Posts: 10586
Joined: Sun Dec 02, 2012 7:24 pm

Re: 11/12/2020 Live Update

Post by JFR »

ES daily. Quiet start to the day. Small bar. Half way between the EMA 20 and the high of Monday.

2020-11-12_06-24-43.png
Charts posted are not recommendations. They are just a sharing of information.
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 11/12/2020 Live Update

Post by Al_Dente »

The Labor Department this morning reported a fewer-than-expected 709,000 initial filings for unemployment benefits for the week ending Nov. 7. That's down 48,000 from the prior week's revised number, a sign of improvement in the job market but still well above pre-pandemic levels. At 9:30 a.m. ET, Federal Reserve Chairman Jerome Powell makes a virtual appearance at a ECB forum on central banking.
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
User avatar
JFR
Posts: 10586
Joined: Sun Dec 02, 2012 7:24 pm

Re: 11/12/2020 Live Update

Post by JFR »

Dow 30. Lots of red. HD leading the green. CRM, CVX and JPM trailing.

2020-11-12_06-32-59.png
Charts posted are not recommendations. They are just a sharing of information.
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 11/12/2020 Live Update

Post by Al_Dente »

I follow this guy, and his ONE daily “Plan Today” tweet for the SPX every morning,
with SPX breakout and target numbers on the upside,
and support and breakdown numbers on the downside.
Simple, straightforward, lacking any convoluted prose or distractions.
[Recall after Monday’s spike he said, and I posted, this: “As usual, if long lock in some gains and trail a stop. Anything can happen.”
https://twitter.com/AdamMancini4
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
User avatar
JFR
Posts: 10586
Joined: Sun Dec 02, 2012 7:24 pm

Re: 11/12/2020 Live Update

Post by JFR »

Al_Dente wrote:I follow this guy, and his ONE daily “Plan Today” tweet for the SPX every morning,
with SPX breakout and target numbers on the upside,
and support and breakdown numbers on the downside.
Simple, straightforward, lacking any convoluted prose or distractions.
[Recall after Monday’s spike he said, and I posted, this: “As usual, if long lock in some gains and trail a stop. Anything can happen.”
https://twitter.com/AdamMancini4
Thanks for that, Pasta Boss. Always looking for good information.
Charts posted are not recommendations. They are just a sharing of information.
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 11/12/2020 Live Update

Post by Al_Dente »

JFR wrote:.......Thanks for that, Pasta Boss. Always looking for good information.
:D
ELSEWHERE:
vaccine  watch:
11/10: LLY is up 4.45%, 11/11 down -1.23%, 11/12 down -1.5% so far this morn
11/10: PFE is down -0.74%, 11/11 down -0.47%, 11/12 down -1.3% so far this morn
Yesterday Moderna MRNA said it had enough data from a late-stage trial of its vaccine candidate to begin a planned interim analysis. Moderna did not specify when it planned to release data on the vaccine's effectiveness. [Dr. Fauci was optimistic, and said Wednesday that Moderna’s vaccine is "almost identical" to Pfizer's]
MDNA is up +6+% this morning
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: 11/12/2020 Live Update

Post by Al_Dente »

VACCINE daily charts:
1112VACCINE.PNG.jpg
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
User avatar
Cobra
Site Admin
Posts: 60077
Joined: Sat Feb 12, 2011 10:29 pm

Re: 11/12/2020 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: 60077
Joined: Sat Feb 12, 2011 10:29 pm

Re: 11/12/2020 Live Update

Post by Cobra »

Likely just a range day, take the time to relax.
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.
Ed02
Posts: 170
Joined: Wed May 04, 2011 10:57 am

Re: 11/12/2020 Live Update

Post by Ed02 »

Based on QQQ/vix, an uptrend day seems not impossible... Actually a mini ATH could be in the card (until tomorrow morning) :lol:
User avatar
Cobra
Site Admin
Posts: 60077
Joined: Sat Feb 12, 2011 10:29 pm

Re: 11/12/2020 Live Update

Post by Cobra »

Ed02 wrote:Based on QQQ/vix, an uptrend day seems not impossible... Actually a mini ATH could be in the card (until tomorrow morning) :lol:
Well, it has to be a range day because my mom has an eye surgery today, I'll need drive her to hospital. The market cannot move without me. Understood? :mrgreen:

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
JFR
Posts: 10586
Joined: Sun Dec 02, 2012 7:24 pm

Re: 11/12/2020 Live Update

Post by JFR »

Cobra wrote: Well, it has to be a range day because my mom has an eye surgery today, I'll need drive her to hospital. The market cannot move without me. Understood? :mrgreen:
Best wishes for your Mom, Cobra. Drive carefully.

SPY 5.

2020-11-12_07-27-06.png
Charts posted are not recommendations. They are just a sharing of information.
User avatar
Cobra
Site Admin
Posts: 60077
Joined: Sat Feb 12, 2011 10:29 pm

Re: 11/12/2020 Live Update

Post by Cobra »

JFR wrote:
Cobra wrote: Well, it has to be a range day because my mom has an eye surgery today, I'll need drive her to hospital. The market cannot move without me. Understood? :mrgreen:
Best wishes for your Mom, Cobra. Drive carefully.

SPY 5.

2020-11-12_07-27-06.png
Thanks.

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: 60077
Joined: Sat Feb 12, 2011 10:29 pm

Re: 11/12/2020 Live Update

Post by Cobra »

QQQ looks like an ascending triangle therefore breakout is more likely.
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.
Ed02
Posts: 170
Joined: Wed May 04, 2011 10:57 am

Re: 11/12/2020 Live Update

Post by Ed02 »

Cobra wrote:
Ed02 wrote:Based on QQQ/vix, an uptrend day seems not impossible... Actually a mini ATH could be in the card (until tomorrow morning) :lol:
Well, it has to be a range day because my mom has an eye surgery today, I'll need drive her to hospital. The market cannot move without me. Understood? :mrgreen:
Best wishes to your mom! May God bless her!
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 11/12/2020 Live Update

Post by Al_Dente »

WARNING: POLITICAL
Word is that PE Biden wants to populate his administration with the most bipartisan members of Congress, and others.
According to the “The Jefferson–Hamilton Award for Bipartisanship”, the most bipartisan Congressional folks are:
Sen. Kevin Cramer (R-ND) - 100% 
Sen. Kyrsten Sinema (D-AZ) - 100% 
Sen. Thom Tillis (R-NC) - 100% 
Sen. Doug Jones (D-AL) - 98% 
Sen. Roy Blunt (R-MO) - 96% 
Sen. Maggie Hassan (D-NH) - 96% 
Sen. Martha McSally (R-AZ) - 96% 
Sen. Brian Schatz (D-HI) - 96% 
Sen. Rick Scott (R-FL) - 96% 
Sen. Dianne Feinstein (D-CA) - 91% 

Rep. Donald Bacon (R-NE-2) - 100% 
Rep. Henry Cuellar (D-TX-28) - 100% 
Rep. Theodore Budd (R-NC-13) - 99% 
Rep. Tom Cole (R-OK-4) - 99% 
Rep. John R. Curtis (R-UT-3) - 99% 
Rep. Brian K. Fitzpatrick (R-PA-1) - 99% 
Rep. Henry Johnson (D-GA-4) - 99% 
Rep. Darin LaHood (R-IL-18) - 99% 
Rep. Suzanne Lee (D-NV-3) - 99% 
Rep. Cedric Richmond (D-LA-2) - 99% 
Rep. Harley Rouda (D-CA-48) - 99% 
Rep. Ross Spano (R-FL-15) - 99% 
Rep. Bryan Steil (R-WI-1) - 99% 
Rep. Ann Wagner (R-MO-2) - 99% 
Rep. Jackie Walorski (R-IN-2) - 99% 
Rep. Gilbert Ray Cisneros (D-CA-39) - 98% 
Rep. Lizzie Fletcher (D-TX-7) - 98% 
Rep. Josh Harder (D-CA-10) - 98% 
Rep. Ami Bera (D-CA-7) - 97% 
Rep. Anthony Brindisi (D-NY-22) - 97% 
Rep. Julia Brownley (D-CA-26) - 97% 
Rep. TJ Cox (D-CA-21) - 97% 
Rep. Kendra S. Horn (D-OK-5) - 97% 
Rep. Terri Sewell (D-AL-7) - 97% 
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Ed02
Posts: 170
Joined: Wed May 04, 2011 10:57 am

Re: 11/12/2020 Live Update

Post by Ed02 »

Indeed a range day. So, it is the time for relaxing.
User avatar
Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 11/12/2020 Live Update

Post by Al_Dente »

The economy
Red flags
https://www.reuters.com/article/usa-eco ... SL1N2HX1YM



Who has the BEST, most timely link for MOC (market on close) imbalance orders.
Please share
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Post Reply