05/16/2013 Live Update

[Cobra]

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

I'm not sure if it's a failed 2nd test of the high overnight (bearish) or a Symmetrical Triangle (bullish) on the Global ES, need wait and see.

[Cobra]

members only update starts here: http://www.cobrasmarketview.com/2013/05 ... ay-update/

[Out of Bounds]

Sounds like a broken record but USD/JPN still in control of this market. I find this odd considering the relative size of Japan's economy is quite small.

[Out of Bounds]

CORRECTION: I did not mean JPN GDP is small, I meant JPN as trade partner with US. JPN GDP is pretty big!

[Unique]

AAPL, GOOG, GS, NFLX and PCLN Update

Warning: Don't become complacent

[jarbo456]

CORRECTION: I did not mean JPN GDP is small, I meant JPN as trade partner with US. JPN GDP is pretty big!

JPY is huge.

If Greece can move the markets, then I think the 2nd largest developed economy, 3rd largest economy in terms of GDP, 4th most significant currency via PPP, largest high tech manufacturer, and the "safe" currency of Asia can probably dictate some moves in the world economy as well.

[Out of Bounds]

Yes, i already made that correction. I find it odd though that the currency fluctuation (not GDP growth) is so influential on the immediate moves of our indexes.

The Greek situation was entirely different as was Cyprus.

[Out of Bounds]

Yep. Everyone else has one so I got one too. I'm a blogger.

[Xian]

Yep. Everyone else has one so I got one too. I'm a blogger.

...And following— with my blinker on.

[L_T]

Yep. Everyone else has one so I got one too. I'm a blogger.

...And following— with my blinker on.

Ya I like the name. Funny every time I see someone driving like that I always check to see if they are old (not usually the case) or just completely clueless (why do they always look like boneheads?)......

[Cobra]

members only update at 10:06 am
http://www.cobrasmarketview.com/2013/05 ... ay-update/

[Out of Bounds]

Yep. Everyone else has one so I got one too. I'm a blogger.

...And following— with my blinker on.

Hell, don't follow it. I do not plan on posting anything there other than what is there now.

[Cobra]

possible target. not sure. the key is to see whether once again the morning dip is bought.

[L_T]

Yep. Everyone else has one so I got one too. I'm a blogger.

...And following— with my blinker on.

Hell, don't follow it. I do not plan on posting anything there other than what is there now.

...so why do you have one???

[Cobra]

target on both side, I'm neutral.

[L_T]

Anyone know why biotechs are being beat up this morning? I searched for the obvious (downgrade or whatever) but can't find anything. AMGN, CELG, REGN, are all down as of right now.

[Out of Bounds]

Yep. Everyone else has one so I got one too. I'm a blogger.

...And following— with my blinker on.

Hell, don't follow it. I do not plan on posting anything there other than what is there now.

...so why do you have one???

I'm weird like that.

[Xian]

Yep. Everyone else has one so I got one too. I'm a blogger.

...And following— with my blinker on.

Hell, don't follow it. I do not plan on posting anything there other than what is there now.

...so why do you have one???

I'm weird like that.

[Unique]

Yep. Everyone else has one so I got one too. I'm a blogger.

Your blog post

Stop going to people's blogs. They all think they are going to be the next guru and they are all wrong. Only a few do the work necessary to have a decent blog and it takes a lot of work.

Is mine good or no?

[Out of Bounds]

Yep. Everyone else has one so I got one too. I'm a blogger.

Your blog post

Stop going to people's blogs. They all think they are going to be the next guru and they are all wrong. Only a few do the work necessary to have a decent blog and it takes a lot of work.

Is mine good or no?

I've never been.

Well, I'm just going to piss off everyone now. Might start drinking early.