02/15/2024 Live Update

[Cobra]

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Lower high or not, wait and see.

[JFR]

ES daily.

Up a bit.

Riding the trendline.

Above the EMA 20.

Eyes on the top.

[JFR]

ES 60 minutes.

In a wide range.

Sitting on the EMA 20.

[JFR]

ES 5 minutes.

Choppy action, starting one hour before the open.

The bears and the bulls are frisky.

Bears are awake this morning.

[JFR]

MFC. Manulife Financial Corp. HQ in Toronto. Incorporated in 1887.

Asset management company. Good value in my opinion. And not recommending, just sharing information.

Huge jump up today. Have not checked the news on it yet today, but I've followed this company for years.

Manulife Financial Corporation, together with its subsidiaries, provides financial products and services in Asia, Canada, the United States, and internationally. The company operates through Wealth and Asset Management Businesses; Insurance and Annuity Products; and Corporate and Other segments. The Wealth and Asset Management Businesses segment offers investment advice and solutions to retirement, retail, and institutional clients through multiple distribution channels, including agents and brokers affiliated with the company, independent securities brokerage firms and financial advisors pension plan consultants, and banks. The Insurance and Annuity Products segment provides deposit and credit products; and individual life insurance, individual and group long-term care insurance, and guaranteed and partially guaranteed annuity products through multiple distribution channels, including insurance agents, brokers, banks, financial planners, and direct marketing. The Corporate and Other segment is involved in property and casualty reinsurance businesses; and run-off reinsurance operations, including variable annuities, and accident and health. The company also manages timberland and agricultural portfolios; and engages in insurance agency, investment counseling and dealer, portfolio and mutual fund management, property and casualty insurance, and mutual fund dealer businesses. Manulife Financial Corporation was incorporated in 1887 and is headquartered in Toronto, Canada.

[BullBear52x]

Lots of eyes on the gap fill, in any cases, another swing high to have, bullish bias until we trade under 38.2%

[JFR]

The Dow watch.

Mostly in the green.

Led by WBA, INTC and GS.

Trailing CSCO, AAPL and MSFT.

[Cobra]

Members only update at 10:13 am
http://www.cobrasmarketview.com/2024/02 ... ay-update/

[BullBear52x]

This is a fearful market, the surprise will be on the down side. overnight holding without a tight stop is asking for trouble. the fear will not subsided until it sinks back under MA.

[JFR]

The 4 Horsemen of the stock market.

DIA, IWM and SPY doing good.

QQQ is struggling somewhat. No love for Nasdaq today.

[BullBear52x]

Intraday: bullish bias until we head back under 38.2% then it will be a look above and fail, bearish piercing candle, a reversal candle of sort. weaker market today after gap filled.

[JFR]

ES 5 minutes.

Chop City. Ughh Lee.

Back later ...

[JFR]

https://www.bnnbloomberg.ca/markets-tod ... -1.2034491

growth. Two-year U.S. yields fell eight basis points to 4.58 per cent. Bitcoin climbed above $51,000.[/quote]

Markets today: dip buyers wade back in to fuel Wall Street gains

A renewed wave of dip buying sent stocks and bonds higher, following a slide triggered by an unexpected pickup in U.S. inflation.

As investors awaited the next few economic reports that will be key in shaping the Federal Reserve’s rate path, Treasuries rebounded — led by gains in shorter maturities. Equities closed near session highs, with big tech leading the way. Nvidia Corp. topped Alphabet Inc.’s market value as the chip giant’s rally shows no signs of cooling. Wall Street’s “fear gauge” — the VIX — tumbled after a surge fueled by a reset in traders rate-cut bets.

“The stock market never moves higher without fits and starts along the way,” said Jeremy Straub at Coastal Wealth. “The economy remains strong and isn’t in need of lower interest rates, which is ultimately supportive of stock prices.”

The S&P 500 reclaimed its 5,000 mark, while gains in the Nasdaq 100 topped 1 per cent. In late hours, Cisco Systems Inc., the largest maker of computer networking equipment, said it plans to cut thousands of jobs after a slowdown in corporate technology spending wiped out its sales

[JFR]

HIG. Hartford Financial Services Group. Hartford, Connecticut. Founded in 1810.

Another financial company founded in the 1800s. Keep on trucking.

Not recommending, but I do like it.

Post 10,000 on Cobra's website. Thank you, Cobra. It is a privilege to post here. Will I ever catch up to you or BB52x for number of posts? Nope. Ha ha. But we keep on trucking.

The Hartford Financial Services Group, Inc. provides insurance and financial services to individual and business customers in the United States, the United Kingdom, and internationally. Its Commercial Lines segment offers insurance coverages, including workers' compensation, property, automobile, general and professional liability, package business, umbrella, fidelity and surety, marine, livestock, and reinsurance through regional offices, branches, sales and policyholder service centers, independent retail agents and brokers, wholesale agents, and reinsurance brokers. The company's Personal Lines segment provides automobile, homeowners, and personal umbrella coverages through direct-to-consumer channel and independent agents. Its Property & Casualty Other Operations segment offers coverage for asbestos and environmental exposures. The company's Group Benefits segment provides group life, disability, and other group coverages to members of employer groups, associations, and affinity groups through direct insurance policies; reinsurance to other insurance companies; employer paid and voluntary product coverages; disability underwriting, administration, and claims processing to self-funded employer plans; and a single-company leave management solution. This segment distributes its group insurance products and services through brokers, consultants, third-party administrators, trade associations, and private exchanges. Its Hartford Funds segment offers managed mutual funds across various asset classes; and exchange-traded products through broker-dealer organizations, independent financial advisers, defined contribution plans, financial consultants, bank trust groups, and registered investment advisers, as well as investment management, distribution, and administrative services, such as product design, implementation, and oversight. The company was founded in 1810 and is headquartered in Hartford, Connecticut. -- Yahoo Finance

[BullBear52x]

Intraday: range day action again today. Red line is a key pivot today. bulls need to hold this level or a reversal possibility.

[Cobra]

Members only update at 12:07 pm
http://www.cobrasmarketview.com/2024/02 ... ay-update/

[Cobra]

Testing day high which is the bear's last stand of today.

[Cobra]

Consolidation instead of a pullback so breakout is more likely.

[JFR]

ES 5 minutes.

Trying for a breakout. But ... it is a range day so far.

10,001

[BullBear52x]

All green day, $VIX, Gold, TLT, SPX
Bullish market LOL, this is when only price pays but no overnight holding.