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07/29/2021 Live Update

07/29/2021 Live Update

Postby Cobra » Thu Jul 29, 2021 8:42 am

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It's a symmetrical triangle here so bias is a little bit up.

Gap up within the yesterday's range so likely just a range day.
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Re: 07/29/2021 Live Update

Postby Cobra » Thu Jul 29, 2021 10:01 am


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Re: 07/29/2021 Live Update

Postby JFR » Thu Jul 29, 2021 10:28 am

SPY 5. In a tight range.


2021-07-29_07-27-30.png
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Re: 07/29/2021 Live Update

Postby Cobra » Thu Jul 29, 2021 10:46 am

Volume surge, might be a pullback here first. If no, then it'd be an uptrend day. Key time.
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Re: 07/29/2021 Live Update

Postby JFR » Thu Jul 29, 2021 11:05 am

SPY 5. Moving on up.


2021-07-29_08-04-40.png
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Re: 07/29/2021 Live Update

Postby Cobra » Thu Jul 29, 2021 11:29 am

The pullback should be bought.
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Re: 07/29/2021 Live Update

Postby Al_Dente » Thu Jul 29, 2021 11:59 am

IPO
Robinhood valued at $32 billion after selling shares in IPO at $38 per share
ticker: HOOD
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Re: 07/29/2021 Live Update

Postby Cobra » Thu Jul 29, 2021 12:28 pm


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Re: 07/29/2021 Live Update

Postby Cobra » Thu Jul 29, 2021 12:38 pm

Breakout is more likely, I don't think it'd be a double top here.
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Re: 07/29/2021 Live Update

Postby Al_Dente » Thu Jul 29, 2021 1:18 pm

Top Performers intraday
Large cap OEX-100
plenty of financials
729oex.png.jpg
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Re: 07/29/2021 Live Update

Postby Al_Dente » Thu Jul 29, 2021 1:37 pm

Semis are strong bc
QCOM beat earnings and revenue estimates on 5G wave
gap up
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Re: 07/29/2021 Live Update

Postby Al_Dente » Thu Jul 29, 2021 3:14 pm

HOOD
RUMOR just before the IPO:
“There was a lot of chatter in the pre-market about Goldman having issues getting the deal fully allocated ...”
anticipated range of $38 to $42 per share

REALITY after the IPO opened at $38
demand is weak
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Re: 07/29/2021 Live Update

Postby Cobra » Thu Jul 29, 2021 3:31 pm


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Re: 07/29/2021 Live Update

Postby Al_Dente » Thu Jul 29, 2021 3:38 pm

Bespoke, last night
After another day of earnings reports, 86% have now beaten EPS estimates and 81% have beaten sales estimates so far this season.
19% raised guidance to just 2% lowered guidance.
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Re: 07/29/2021 Live Update

Postby Cobra » Thu Jul 29, 2021 3:52 pm


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Re: 07/29/2021 Live Update

Postby Cobra » Thu Jul 29, 2021 3:53 pm

Well, guess that's it for today. Here's what Friday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449397

Thank you guys, I'll see you in another thread soon.

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Re: 07/29/2021 Live Update

Postby Al_Dente » Thu Jul 29, 2021 4:15 pm

Note AMZN after hours
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