01/27/2021 Live Update

[K447]

... retailers short squeeze institutions ...

This may have started with r/WSB and Robinhood groups but now there are big players in the sumo arena.

Billionares slugging billionares ... they see there is a game afoot.

Be careful, there are trembles underfoot.

Not systemic ...




yet.

[Cobra]

... retailers short squeeze institutions ...

This may have started with r/WSB and Robinhood groups but now there are big players in the sumo arena.

Billionares slugging billionares ... they see there is a game afoot.

Be careful, there are trembles underfoot.

Not systemic ...




yet.

At least now we have a new player - the retailers!

[JFR]

Guys, is it possible that retailers short squeeze institutions will cause the stock market to crash? Because those institutions will have to sell their other "good" asset to cover therefore make the whole market fall without any apparent reasons? In Mar, 2020, we all witnessed that all asset went down sharply even those safe heaven such as gold and bond. That's because institutions were forced to liquidate. The same could happen is retailers beat those institutions belly up. What you think?

I know some of you would be very happy if some institutions go belly up

Cause and effect.

I have not looked at statistics, but I expect retail players (the RobinHood crowd) are not as much into short selling as they are into just going long.

Market declines can be very sharp nowadays, imo, because mutual funds can participate in the slide down by buying inverse ETFs. And of course, hedge funds can also play the short side.

Pros are the predators. Retail are still the sheep, imo. They get fleeced.

This trader feels its all in the charts. TA. Be quick. Be nimble. Use targets and stops. Respect the trends. Just imo.

[BullBear52x]

:

This trader feels its all in the charts. TA. Be quick. Be nimble. Use targets and stops. Respect the trends. Just imo.

Yes it is.

[Cobra]

This could be the typical revisit of the day low, so watch for the first strong bull bar as a signal bar for potential reversal setup.

[JFR]

:

This trader feels its all in the charts. TA. Be quick. Be nimble. Use targets and stops. Respect the trends. Just imo.

Yes it is.

Ha ha.

You and I tend to see things a lot alike, BnB52x. With your short side emphasis lately, I think you might consider changing your nickname to Bear52x. Ha ha I am watching for the next big correction/crash. I like the short side too.

[Cobra]

trader feels its all in the charts. TA. Be quick. Be nimble. Use targets and stops. Respect the trends. Just imo.

This kind of style can get you rich overnight but also is the reason you lose everything overnight.

[JFR]

Here is an oldie, but still a goodie, imo. SPY daily, PointAndFigure. Like a slow moving train. Trends that persist. Longer term view, but also useful intraday on 5 minutes charts, for example. As always, just in my opinion.

Taking a break ...

[BullBear52x]

Breached up trend line will mean the world to bears, if bears loss from this point it is a good lost, stop out and wait for new setup.

[JFR]

trader feels its all in the charts. TA. Be quick. Be nimble. Use targets and stops. Respect the trends. Just imo.

This kind of style can get you rich overnight but also is the reason you lose everything overnight.

IMO, TA can save the bacon. Fundamental analysis, which I used to rely on almost exclusively, carries risk, because the market does not seem to care about value at all these days.

And also, holding overnight is just very dangerous these days. I only hold a few assets overnight here and there. Sticking to the day trading and scalping.

[BullBear52x]

trader feels its all in the charts. TA. Be quick. Be nimble. Use targets and stops. Respect the trends. Just imo.

This kind of style can get you rich overnight but also is the reason you lose everything overnight.

The disadvantage of retail traders is they can not closed out their position if there is big overnight move that go against them. this is one main reason I choose to trade futures, the advantage of the fact that I can bail any time, cash session or globex hours.

[Al_Dente]

"...moments ago TD Ameritrade was the first brokerage to announce that "in the interest of mitigating risk for our company and clients", the company has put in place several restrictions in GME, AMC and other securities.
https://www.zerohedge.com/markets/unpre ... to+zero%29

[BullBear52x]

:

.

With your short side emphasis lately, I think you might consider changing your nickname to Bear52x. .

Fundamental is so wrong right now, I will buy in some day, that day I hope no one think I got hit in the head or something.

[Cobra]

:

.

With your short side emphasis lately, I think you might consider changing your nickname to Bear52x. .

Fundamental is so wrong right now, I will buy in some day, that day I hope no one think I got hit in the head or something.

Fundamental? What is Fundamental?

[Cobra]

trader feels its all in the charts. TA. Be quick. Be nimble. Use targets and stops. Respect the trends. Just imo.

This kind of style can get you rich overnight but also is the reason you lose everything overnight.

The disadvantage of retail traders is they can not closed out their position if there is big overnight move that go against them. this is one main reason I choose to trade futures, the advantage of the fact that I can bail any time, cash session or globex hours.

When do you sleep at night then?

[BullBear52x]

trader feels its all in the charts. TA. Be quick. Be nimble. Use targets and stops. Respect the trends. Just imo.

This kind of style can get you rich overnight but also is the reason you lose everything overnight.

The disadvantage of retail traders is they can not closed out their position if there is big overnight move that go against them. this is one main reason I choose to trade futures, the advantage of the fact that I can bail any time, cash session or globex hours.

When do you sleep at night then?

the stop got honor at night for futures unlike equities. Gap big enough you end up holding the bag.

[Cobra]

Good signal bar now let's see whether bulls can make a double bottom here. The current bar is the entry bar, if it's a strong bull bar as well, then chances would be better.

[Cobra]

the stop got honor at night for futures unlike equities. Gap big enough you end up holding the bag.

I see. But I generally don't use stop loss after trading hours because the vol is too thin, could be a false trigger.

[Cobra]

Members only update at 12:16 pm
http://www.cobrasmarketview.com/2021/01 ... ay-update/

[jademann]

GME, AMC, TSLA, market needs a full reset. Did main street really grow as much as this the past 10 years? No way.