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07/24/2021 Weekend Update

07/24/2021 Weekend Update

Postby Cobra » Fri Jul 23, 2021 5:41 pm

Up 1 week, the next week has 76% chances to make a higher high which means still more all time highs ahead.

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Re: 07/24/2021 Weekend Update

Postby Al_Dente » Sat Jul 24, 2021 12:47 am

BIG WEEK FOR TECH EARNINGS:
Monday, July 26, TSLA
Tuesday, July 27, MMM, PHM, UPS, AMD, AAPL, MSFT, V, SBUX
Wednesday, July 28, BA, MCD, PFE, FB
Thursday, July 29, MA, MRK, AMZN, PINS, TMUS
Friday, July 30, CVX, XOM, PG
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Re: 07/24/2021 Weekend Update

Postby Cobra » Sat Jul 24, 2021 1:20 pm

$AAII Bull - $AAII Bear went further down, interesting. The vote ends on Wednesday therefore might not count on the Thursday and Friday's up so maybe the next week we'll have a different view.
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Re: 07/24/2021 Weekend Update

Postby Al_Dente » Sat Jul 24, 2021 2:39 pm

BALANCE SHEET 724.png.jpg
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Re: 07/24/2021 Weekend Update

Postby Al_Dente » Sat Jul 24, 2021 2:50 pm

"Of the 4,085 stocks with listed options, 1,007 (25%) closed higher and 2,971 (73%) closed lower. Among the 500 most liquid single stocks, 30-day implied volatility was higher for 229 and lower for 228."
[CBOE, Friday's numbers... ps: recall that Friday was gap-up and ATH day !!]
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Re: 07/24/2021 Weekend Update

Postby Al_Dente » Sat Jul 24, 2021 3:43 pm

dated 7/15/21
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Re: 07/24/2021 Weekend Update

Postby BullBear52x » Sun Jul 25, 2021 1:20 pm

From "It is what it is department" We have a Trading market not a positioning market however you slice it. $BPSPX, $NYAD, $TRIN are all over the places. technically speaking we are oversold when $TRIN > 3, oversold at all time high, do you smell something funny? I do.
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Bullish % has been decline for weeks and months now.
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No fear No bear, this is getting dicey a rise on $VIX in a coming week will be something to pay attention to :geek: If we zoom in on $VIX HL is at hand.
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Intraday price action was mildly negative on last Friday, follow through on Monday will be a must for bulls now that we have HH or a reversal in a grand style will be what to expected. overbought Honey hole special for bears and a bearish reversal candle mission next week for me with a realization of irrational market, trade well, Peace!
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Re: 07/24/2021 Weekend Update

Postby BullBear52x » Sun Jul 25, 2021 1:25 pm

Up in dollar = more people are in cash. bullish breakout or 2x top for dollar. critical point of reflection.
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Re: 07/24/2021 Weekend Update

Postby BullBear52x » Sun Jul 25, 2021 1:27 pm

GLD is bearish bias as long as RSI<50, it will be very bullish this time if RSI>50 for now it is not.
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Re: 07/24/2021 Weekend Update

Postby BullBear52x » Sun Jul 25, 2021 1:33 pm

ES trader today. Friday negative price action :ugeek: :geek:
Only cash session maters but overnight trading can lead to what will happen the following morning.
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Re: 07/24/2021 Weekend Update

Postby BullBear52x » Sun Jul 25, 2021 1:38 pm

FAANG only 3 were at ATH the rest still fighting to new highs, overall techs are not as strong.
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