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06/15/2021 Live Update

Re: 06/15/2021 Live Update

Postby Al_Dente » Tue Jun 15, 2021 11:49 am

FYI
[add]
"In an odd twist, GameStop and AMC are still part of the Russell 2000 value index. That means that investors who may not even want to hold shares of AMC and GameStop and have eschewed the social-media-fueled frenzy in the stocks currently have them in their portfolios. Jun 2, 2021 [WSJ]

IWM holds 1.8million shares of AMC
https://www.etf.com/stock/AMC
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Re: 06/15/2021 Live Update

Postby JFR » Tue Jun 15, 2021 11:58 am

SPY 5. Support, and a range, at a lower level.


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Re: 06/15/2021 Live Update

Postby te_fern » Tue Jun 15, 2021 12:01 pm

Is there such a thing as the noon day turn??? LOL!
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Re: 06/15/2021 Live Update

Postby BullBear52x » Tue Jun 15, 2021 12:05 pm

Hit right on the nose on POC area of 4228-29. last sell setup if the low today is in will find out shortly. late day rally will not surprise anyone, so bears be nimble.
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Re: 06/15/2021 Live Update

Postby BullBear52x » Tue Jun 15, 2021 12:07 pm

Another easy day for the bear but will there be any more?
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Re: 06/15/2021 Live Update

Postby BullBear52x » Tue Jun 15, 2021 12:12 pm

Cash SPX, a rest room break. bears need to make another move lower to seal the deal.
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Re: 06/15/2021 Live Update

Postby Al_Dente » Tue Jun 15, 2021 12:14 pm

Roger Waters, co founder of Pink Floyd, said that Facebook CEO Mark Zuckerberg wrote to him, offering "a huge, huge amount of money" to use the 1979 classic song "Another Brick in the Wall, Part 2" in an ad for Instagram.
Waters then read aloud from the offer, quoting Facebook as saying "the core sentiment of this song is still so prevalent and necessary today, which speaks to how timeless the work is...

And Roger’s answer was, 'F--- You. No f---ing way… “
“It's the insidious movement of them to take over absolutely everything" and "I will not be a party to this bullshit, Zuckerberg."
"They want to use it to make Facebook and Instagram even bigger and more powerful than it already is so that it can continue to censor all of us in this room." He then went off on Zuckerberg specifically, calling him a "little prick" who started out as a Harvard student rating women based on their looks and ended up as "one of the most powerful idiots in the world." Asked whether people should delete Facebook, Waters responded "probably." 
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Re: 06/15/2021 Live Update

Postby Cobra » Tue Jun 15, 2021 12:15 pm


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Re: 06/15/2021 Live Update

Postby Cobra » Tue Jun 15, 2021 12:16 pm

Typical breakdown then sharp reversal up. Here's the bear's last chance to make a downtrend day.
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Re: 06/15/2021 Live Update

Postby te_fern » Tue Jun 15, 2021 12:21 pm

Struggling right here, party maybe over.....
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Re: 06/15/2021 Live Update

Postby JFR » Tue Jun 15, 2021 12:52 pm

SPY 5. Another day on the range. Woke late, with bullish mind set, as the bears dominate. Not trading today (aside from cashing in some USO). Have a good day, Everyone.


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Re: 06/15/2021 Live Update

Postby Al_Dente » Tue Jun 15, 2021 1:13 pm

IWM
IWM portfolio weighting as of 6/14
AMC is its #1 holding; GMC is its #3 holding
AMC 0.74% weight doesn’t seem like much but it is
IWM WEIGHT 615.png.jpg
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Re: 06/15/2021 Live Update

Postby Cobra » Tue Jun 15, 2021 1:50 pm

I think it's a C&H instead of double top so breakout should be more likely.
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Re: 06/15/2021 Live Update

Postby BullBear52x » Tue Jun 15, 2021 1:56 pm

Bullish bias now. nothing new.

on the other corner for fun only. if there will be a bull trap setup it will look like this.
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Re: 06/15/2021 Live Update

Postby BullBear52x » Tue Jun 15, 2021 2:05 pm

Too good of a setup to pass. one more sell here.
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Re: 06/15/2021 Live Update

Postby BullBear52x » Tue Jun 15, 2021 2:15 pm

It's like Bass fishing. :lol:
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Re: 06/15/2021 Live Update

Postby BullBear52x » Tue Jun 15, 2021 2:17 pm

Not over yet for hard core bears. :twisted: bull trap setup still well.
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Re: 06/15/2021 Live Update

Postby Cobra » Tue Jun 15, 2021 3:26 pm


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Re: 06/15/2021 Live Update

Postby Cobra » Tue Jun 15, 2021 3:54 pm


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Re: 06/15/2021 Live Update

Postby Cobra » Tue Jun 15, 2021 3:55 pm

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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