Cobra's Market View

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Near range high so pullback to range low?

Inside day, anything goes.....

It's a morning hourly filled black bar.

SPY 5 minutes.

Tiny gap up. No go.

Flat, forming a tight range, a base.

SPY 5 minutes.

Trying to make a move up.

... the 9 lives of the bulls ...

Come hell or high water, buy stocks.

Nice long bottom wick candle on a daily, this is bullish. no worries, moon....

Sudden big bull bar, must be a news. Anyway, this bull shall have legs.

Ask Ai, why think? brain dead simple. LOL

Snapshot: US economic outlook over the next 6 months
Dimension Likely Direction (6‑month view) Key Drivers
Growth (GDP) Moderate, positive but slowing Tariffs, higher rates, geopolitical shocks, AI investment
Inflation Elevated but gradually easing Energy/oil prices, tariffs, cooling demand
Jobs Still relatively strong, softening at the edges Slower hiring, higher uncertainty
Fed policy On hold or very cautious Balancing inflation vs. growth and labor mark

1. Growth: modest expansion, more fragile
Baseline: Most recent forecasts see real GDP growth in roughly the 1.5–2.5% range annualized, with some pickup vs. 2025 but not a boom.

Supports for growth:

Still‑solid labor market—unemployment in the mid‑4% range keeps income and spending from collapsing.

Strong AI‑related investment—“hyperscalers” and large firms are ramping capex in data centers, software, and infrastructure, lifting business investment even as other sectors hesitate.

The sudden move from 7175 to 7197-
TRUMP SENDING WITKOFF AND KUSHNER TO PAKISTAN FOR TALKS WITH IRANIAN FOREIGN MINISTER - CNN, CITING TWO ADMINISTRATION OFFICIALS

If this keeps up I am going to learn about options strangles. Short choppy moves then suddenly to the moon on news then back to short choppy moves. This is random, period.

Investigation dropped against outgoing fed chair Powell.

How long until the new guy, Warsh, is under the gun?

Answer: the first time he raises rates, or fails to lower them.

Drags on growth:

Higher tariffs and trade frictions raising costs and uncertainty, especially for manufacturing and goods sectors.

Geopolitical shocks (e.g., war‑driven oil and supply disruptions) compressing real incomes and confidence.

Tighter financial conditions and cautious consumers, especially lower‑income households under pressure from prices and debt.

Net: a slow‑growth, not recession‑by‑default backdrop, but with rising vulnerability if shocks worsen.

SPY 5 minutes.

A whisper of hope, of the slightest possibility, of a possible meeting, and the bulls charge in.

Send in the Super team of negotiators, Witkoff and Kushner.

Some kind of weird casino game, like the soldier betting on Maduro's exit.

I will make a bet: the soldier gets a pardon in time.

Swing setup: last buy was a success, bulls earned another buy dip coupon, until that fails will I know there's change in a trend. as of now, find a cheap discount entry to the moon. it's Friday, Peace!

Feeds building cost over runs have been turned over to the Inspector General. This is the accountant version of a cavity search.

The pullback so far looks like a bull flag.