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06/29/2021 Live Update

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Cobra
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06/29/2021 Live Update

Post by Cobra »

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Maybe it's a rising wedge here so could be a pullback somewhere. Holiday week, I don't expect big moves though.

Flat open so likely a boring range day.
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QED
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Re: 06/29/2021 Live Update

Post by QED »

Why fragility is the new reality for the stock market :ugeek:
https://www.wellington.com/en/insights/ ... gility-us/
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Re: 06/29/2021 Live Update

Post by Trades w 2 Cats »

4289 looks tough, maybe a morning top forming. Not going short without overabundance of proof. :D
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Cobra
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Re: 06/29/2021 Live Update

Post by Cobra »


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Cobra
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Re: 06/29/2021 Live Update

Post by Cobra »

Pennant, bias is a little bit up.
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Trades w 2 Cats
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Re: 06/29/2021 Live Update

Post by Trades w 2 Cats »

Today's secret word is Churn
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JFR
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Re: 06/29/2021 Live Update

Post by JFR »

SPY daily. The rally continues.

2021-06-29_08-59-49.png
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JFR
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Re: 06/29/2021 Live Update

Post by JFR »

Dow 30. NKE and GS leading.

2021-06-29_09-05-54.png
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JFR
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Re: 06/29/2021 Live Update

Post by JFR »

Alternatives. "What goes up, must come down." And vice versa.

2021-06-29_09-10-53.png
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Al_Dente
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Re: 06/29/2021 Live Update

Post by Al_Dente »

SCHWAB:

AMC*
Stock:
100% margin requirement for long positions.
200% margin requirement for short positions.
Options:
Long calls, long puts, and covered calls are permitted.
Selling short put options is permitted if you have available funds to cover the entire amount of the exercise.
Selling naked calls is permitted if you have available funds for increased requirements.

GME*
Stock:
100% margin requirement for long positions.
300% margin requirement for short positions.
Options:
Long calls, long puts, and covered calls are permitted.
Selling short put options is permitted if you have available funds to cover the entire amount of the exercise.**
Selling naked calls is prohibited.
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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BullBear52x
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Re: 06/29/2021 Live Update

Post by BullBear52x »

I am expecting up day but it's too weak for my liking. a new LL will send this market straight down. bulls are out of juice looks like.
My comments are for entertainment/educational purpose only. NOT a trade advice.
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Cobra
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Re: 06/29/2021 Live Update

Post by Cobra »


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Al_Dente
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Re: 06/29/2021 Live Update

Post by Al_Dente »

Divergence:
SPY higher high (ATH)
Call buying lower high
629vix diverg.png.jpg
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: 06/29/2021 Live Update

Post by Al_Dente »

"When Persistent Higher Highs Don’t Suggest a Pullback"
https://quantifiableedges.com/when-pers ... -pullback/
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JFR
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Re: 06/29/2021 Live Update

Post by JFR »

SPYG. Lots of fades.

2021-06-29_09-57-06.png
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JFR
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Re: 06/29/2021 Live Update

Post by JFR »

SPYV. No respect for value. "We want growth,'' say retail market players. High P/Es. Prices that move. Action. Adrenaline.

2021-06-29_10-10-36.png
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Al_Dente
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Re: 06/29/2021 Live Update

Post by Al_Dente »

AAPL testing possible double top
629aapl. dt.png.jpg
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BullBear52x
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Re: 06/29/2021 Live Update

Post by BullBear52x »

lots of supports but for day trade this is a melt down day.
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BullBear52x
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Re: 06/29/2021 Live Update

Post by BullBear52x »

Last buy for today, well, it is a buy day, what say you? :D
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BullBear52x
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Re: 06/29/2021 Live Update

Post by BullBear52x »

Intraday MA support/Dip buy failed, now I can say we have a bearish reversal day. bears can take it from here. two sell coupons for bears.
My comments are for entertainment/educational purpose only. NOT a trade advice.
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