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10/19/2021 Live Update

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Al_Dente
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Re: 10/19/2021 Live Update

Post by Al_Dente »

Al_Dente wrote: 58% of the stocks on the NYSE are advancing
UPDATE intraday:
63% of the stocks on the NYSE are advancing
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Cobra
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Re: 10/19/2021 Live Update

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BullBear52x
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Re: 10/19/2021 Live Update

Post by BullBear52x »

Look at then and now, gaps, lots of them then too.
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Al_Dente
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Re: 10/19/2021 Live Update

Post by Al_Dente »

LONGER TERM:
The S&P 500 never showed a loss a year after industrial metals doubled.
Small sample size
https://www.sentimentrader.com/blog/sto ... 1366687428
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Al_Dente
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Re: 10/19/2021 Live Update

Post by Al_Dente »

zh calls Monday’s SEC report on meme stock trading and short squeezing a “steaming pile of horseshit.“
https://www.zerohedge.com/markets/what- ... to+zero%29
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Al_Dente
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Re: 10/19/2021 Live Update

Post by Al_Dente »

UPDATE:
Note URA testing potential double top
Okay, let’s blame day traders !! :roll: :roll:
“Day Traders Are Driving Uranium Prices Higher” [WSJ, 12:55 today]
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Al_Dente
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Re: 10/19/2021 Live Update

Post by Al_Dente »

Note BITO, the "long awaited" Bitcoin ETF
IPOed yesterday [correction: today]
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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JFR
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Re: 10/19/2021 Live Update

Post by JFR »

SPY daily. "To the Moon, Alice." Last rest stop before the Moon coming up at 452.60. ;)

2021-10-19_11-29-28.png
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Al_Dente
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Re: 10/19/2021 Live Update

Post by Al_Dente »

Today is the 34th anniversary of the 1987 crash
1987: one thing that worked then, getting folks out a couple days early was the CCI-89
1987.png.jpg
Compare now:
1987NOW.png.jpg
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Cobra
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Re: 10/19/2021 Live Update

Post by Cobra »

Volume surge, widest red bar so should be a rebound here first then we'll see. This kind of pullback should not happen in an uptrend day so not good, I think maybe the high was in for today.
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Cobra
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Re: 10/19/2021 Live Update

Post by Cobra »


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Mr. BachNut
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Re: 10/19/2021 Live Update

Post by Mr. BachNut »

Mr. BachNut wrote: I have scaled out one profit unit. If price cooperates, I will get a second scale and slap a breakeven stop on the position.
Second profit unit sold at ES 4510.50. :)
BE Stop for rest at 4470.50.
I suspect that stop will get hit in due course, but I don't know what will happen.
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Cobra
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Re: 10/19/2021 Live Update

Post by Cobra »


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Cobra
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Re: 10/19/2021 Live Update

Post by Cobra »

Well, guess that's it for today. Here's what Wednesday tomorrow looks lIke: https://stockcharts.com/public/1684859/ ... /533449381

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

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