01/14/2013 Live Update

[Cobra]

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Small gap down, within Friday's range so the gap might be filled.

Could be a small Double Top in the forming on the Global ES, but need decisively breakdown below the blue line to confirm, so let's wait.

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2013/01 ... ay-update/

[Cobra]

The week's stock picks: viewtopic.php?f=10&t=794&p=113278#p113278

[Cobra]

Today's feature charts are

from

https://stockcharts.com/public/1684859/ ... /188572711;

to

https://stockcharts.com/public/1684859/ ... /288099391;

click each chart for the next chart.

Interesting seasonality starting from the 8th trading day of year till the end of January.

[KeiZai]

aaple oy...new lows coming?

Kimble
http://blog.kimblechartingsolutions.com ... -triangle/

[TraderJoe]

aaple oy...new lows coming?

The News- Apple Cut Its iPhone Supply Orders In Half

[JFR]

5 minutes til market open.

SPY down .19

ES down 2.25

[Cobra]

the open.

[Harapa]

Momentum Block:
Firmly equity bullish
Happy Trading

[TraderJoe]

Obama Is Holding An Unexpected Press Conference To Tell Congress To Raise The Debt Ceiling at 11:15 AM

[Cobra]

members only update at 9:38 am on AAPL
http://www.cobrasmarketview.com/2013/01 ... ay-update/

[Harapa]

Obama Is Holding An Unexpected Press Conference To Tell Congress To Raise The Debt Ceiling at 11:15 AM

Interesting, this is co-incident with Uempel's 11:30 EST turning point

[Out of Bounds]

Snog indicator has turned from slightly bullish to flat. I think it is waiting for a more definitive move in either direction. Changes hourly, so stay tuned. Indications are generally good for 1-3 days and I should have a better reading in an hour or two.

[Out of Bounds]

aaple oy...new lows coming?

The News- Apple Cut Its iPhone Supply Orders In Half

Good Lord. By half?

[TraderJoe]

aaple oy...new lows coming?

The News- Apple Cut Its iPhone Supply Orders In Half

Good Lord. By half?

From BusinessInsider;
Here are some more details on Apple's iPhone parts cuts.
The Nikkei is reporting (via Reuters) Apple asked its LCD panel partners to cut orders for iPhone screens in half from 65 million in the March quarter.
This sounds not so believable.
Apple is expected to sell ~48 million iPhones in the December quarter. If it meets that expectation it would be Apple's best ever iPhone quarter. Yet, somehow Apple was putting in an order for a giant sequential increase?

The new order number of 32.25 million sounds more reasonable. (We can't find a consensus number for the March quarter.) But we find it hard to believe Apple cut its orders in half.
Assuming Apple didn't cut its orders in half, it's harder to figure out what's happening here.
We believe Apple has cut its orders. The Nikkei, the WSJ, Jefferies, Citi, and many others, have reported on supply chain cuts from Apple. The reason remains unclear for the cuts. While the WSJ and Nikkei are quick to blame weak demand, early indication is that holiday demand for the iPhone was just fine.

[uempel]

Obama Is Holding An Unexpected Press Conference To Tell Congress To Raise The Debt Ceiling at 11:15 AM

Interesting, this is co-incident with Uempel's 11:30 EST turning point

Cobra should be proud, the White House is reading this forum and setting the timetable for its new conferences accordingly

[Cobra]

Obama Is Holding An Unexpected Press Conference To Tell Congress To Raise The Debt Ceiling at 11:15 AM

Interesting, this is co-incident with Uempel's 11:30 EST turning point

Cobra should be proud, the White House is reading this forum and setting the timetable for its new conferences accordingly

45.png

[Me XMan]

Anyone seeing a market correction in for this week?

[Harapa]

Obama Is Holding An Unexpected Press Conference To Tell Congress To Raise The Debt Ceiling at 11:15 AM

Interesting, this is co-incident with Uempel's 11:30 EST turning point

Cobra should be proud, the White House is reading this forum and setting the timetable for its new conferences accordingly

45.png

I promise to post a special VIXies update ~ 11:20 EST.

[Out of Bounds]

VIX up 3%