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Re: 05/04/2021 Live Update
Posted: Tue May 04, 2021 1:51 pm
by Al_Dente
BAC’s clients were net sellers (-$2.2B) of US equities for the third week in a row... and are now net sellers on a YTD basis...
offset by a huge spike in BUYBACKS.
zh opines: “it's just a matter of days, if not hours, before hedge funds - whose prime brokers know with complete clarity about their extreme bearish positioning - are squeezed and push the broader market higher.”
Re: 05/04/2021 Live Update
Posted: Tue May 04, 2021 3:17 pm
by BullBear52x
May it is....
Re: 05/04/2021 Live Update
Posted: Tue May 04, 2021 3:27 pm
by BullBear52x
Cash SPX support to watch tomorrow, 4120 is the line in the sand for me.
Re: 05/04/2021 Live Update
Posted: Tue May 04, 2021 3:32 pm
by Cobra
Re: 05/04/2021 Live Update
Posted: Tue May 04, 2021 3:34 pm
by Xian
AAPL perfectly tagged its daily 55MA and weekly 10MA and weekly 20EMA. Usually I'd figure it'll go for a bounce here, but today's candlestick is big red and ugly, with heavy vol. We'll see.... no position.
Re: 05/04/2021 Live Update
Posted: Tue May 04, 2021 3:51 pm
by Cobra
Re: 05/04/2021 Live Update
Posted: Tue May 04, 2021 3:52 pm
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.
Before the close, please take a little time to vote for me, thanks:
https://stockcharts.com/public/1684859/ ... /533449381