01/29/2021 Live Update

[Al_Dente]

Pasta Boss you are right. The situation is bound to be a Michel Lewis book.
My mistake for mis speaking. Should have said they imply by their gating, not you.
Personally I see this as a typical Silicon Valley success story. As in figuring out a way to use technology to get around long standing laws and regulations. Best part for me is that our legislators and other learned advisors are suddenly upset when their donor pool gets impacted.
Only when hedge fund guys are forced to pay the same tax as the rest of us (carried interest rule) will Congress get any respect from me on financial matters. In the mean time the traders will find a new brokerage and this game will continue. Now they really know who is nothing but street propaganda.
As they say on Zero Hedge long rope and pitchfork's.

btw: CEO Vlad said last night they drew down their credit line ....
The internet says that the credit line was from SIX BANKS

[BullBear52x]

SPY, this is just a start. a whole day reversal is needed to find the bottom.

[QED]

The McClellan Oscillator at -203.40 = gap up Monday?

[Al_Dente]

Thanks for sharing... Time for a big revolution to resolve all the issues accumulated over end of WWII, isn't it?

David vs. Goliath is one of the most enduring battles in history: the story of a simple shepherd boy who slays a Philistine giant and goes on to become king.
The last time David won was the breakup of ATT mandated by the courts in 1982.
But my memory is weak; surely David has won more recently (???)

[Ed02]

Believe it or not, the biggest win in the past few years is probably the awakening of the people. The giants also realize this and they have been getting ready for the next battle, which will likely be the cruelest one ever experienced in the human history, exceeding the scale (at least from # of death toll) of combining WWI and WWII (both of which were almost certainly started by the giants per available information). Q.

Thanks for sharing... Time for a big revolution to resolve all the issues accumulated over end of WWII, isn't it?

David vs. Goliath is one of the most enduring battles in history: the story of a simple shepherd boy who slays a Philistine giant and goes on to become king.
The last time David won was the breakup of ATT mandated by the courts in 1982.
But my memory is weak; surely David has won more recently (???)

[Al_Dente]

Believe it or not, the biggest win in the past few years is probably the awakening of the people. The giants also realize this and they have been getting ready for the next battle, which will likely be the cruelest one ever experienced in the human history, exceeding the scale (at least from # of death toll) of combining WWI and WWII (both of which were almost certainly started by the giants per available information). Q.

Thanks for sharing... Time for a big revolution to resolve all the issues accumulated over end of WWII, isn't it?

David vs. Goliath is one of the most enduring battles in history: the story of a simple shepherd boy who slays a Philistine giant and goes on to become king.
The last time David won was the breakup of ATT mandated by the courts in 1982.
But my memory is weak; surely David has won more recently (???)

Thanks Boss You are now above my pay grade. Plus you may be quietly creeping into politics and I swore I wouldn't go there on this board.

[BullBear52x]

second arrow, now bears will have to do something, a closed back inside the previous inside day will not look good tomorrow.

[Cobra]

Members only update at 3:32 pm
http://www.cobrasmarketview.com/2021/01 ... ay-update/

[Al_Dente]

"Robinhood Rival Webull Sees 16-Fold Jump in New Trading Accounts"
"Account signups Thursday were 1,548% higher than 7-day average"
[Bloomberg, today 12:47 ET]

[BullBear52x]

(???)

Thanks Boss You are now above my pay grade. Plus you may be quietly creeping into politics and I swore I wouldn't go there on this board.

Thank you, Politics, Religions, and other People's wife/husband. Best to leave them out of trading discussion.

[Cobra]

Resistance.

[BullBear52x]

5 minutes, a good bye kiss. classical chart pattern.

[BullBear52x]

Resistance.

You are alert today boss.

[Ed02]

Dear Dr., don't you feel/realize politics is the tip of the dessert for the game of stock trading I am confident we all will feel the impact of the revolution on our trading life soon

Believe it or not, the biggest win in the past few years is probably the awakening of the people. The giants also realize this and they have been getting ready for the next battle, which will likely be the cruelest one ever experienced in the human history, exceeding the scale (at least from # of death toll) of combining WWI and WWII (both of which were almost certainly started by the giants per available information). Q.

Thanks for sharing... Time for a big revolution to resolve all the issues accumulated over end of WWII, isn't it?

David vs. Goliath is one of the most enduring battles in history: the story of a simple shepherd boy who slays a Philistine giant and goes on to become king.
The last time David won was the breakup of ATT mandated by the courts in 1982.
But my memory is weak; surely David has won more recently (???)

Thanks Boss You are now above my pay grade. Plus you may be quietly creeping into politics and I swore I wouldn't go there on this board.

[Cobra]

Resistance.

You are alert today boss.

Yeah, usually fell into asleep before the close.

[Cobra]

$AAPL, do you see that the red bar gets wider and wider and the volume stairs up day by day? It's a sign of selling exhaustion so could be a rebound here first then we'll see.
viewtopic.php?f=2&t=4417&p=291236#p291236

[BullBear52x]

Resistance.

You are alert today boss.

Yeah, usually feel into asleep before the close.

I need to pay attention the next few days, major trend change is brewing, I would have call it good, its Friday!!!

[Cobra]

Members only update at 3:50 pm
http://www.cobrasmarketview.com/2021/01 ... ay-update/

[Cobra]

Resistance.

You are alert today boss.

Yeah, usually feel into asleep before the close.

I need to pay attention the next few days, major trend change is brewing, I would have call it good, its Friday!!!

Have a nice weekend then!

[Trades w 2 Cats]

They were saying last night that the equal risk leveraged funds are reducing leverage. Every time that happens they seem to suck the market down the liquidity drain.

2021 is no longer following the narrative. The blue wave paving the way for major spending bills turned into a blue ripple. The Bio Tech cure for the virus isn't working out as planned. Makes sense that they would reduce exposure.