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07/10/2021 Weekend Update

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Cobra
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07/10/2021 Weekend Update

Post by Cobra »

Up 3 weeks in a row, 81% chances higher high ahead the next week which means another new all time high, so bulls should be fine holding positions over the weekend.
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Cobra
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Re: 07/10/2021 Weekend Update

Post by Cobra »

$AAII bull - $AAII bear down a notch, so no extreme yet.
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Cobra
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Re: 07/10/2021 Weekend Update

Post by Cobra »

No clear exhaustion bar yet but the up of $AAPL looks extreme to me, a pullback should be due.
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Cobra
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Re: 07/10/2021 Weekend Update

Post by Cobra »

$AAPL weekly does show sign of exhaustion as bar got wider and wider.
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Al_Dente
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Re: 07/10/2021 Weekend Update

Post by Al_Dente »

https://stockcharts.com/public/1684859

EARNINGS REPORTS [Bespoke]
EARNINGS 710.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: 07/10/2021 Weekend Update

Post by Al_Dente »

"Banks say their wealthy clients are borrowing more than ever before,
often using loans backed by their portfolios of stocks and bonds."
[WSJ]
710rich debt.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: 07/10/2021 Weekend Update

Post by Cobra »

Al_Dente wrote:"Banks say their wealthy clients are borrowing more than ever before,
often using loans backed by their portfolios of stocks and bonds."
[WSJ]
710rich debt.png.jpg
That's bad if the stock market goes sharply down, we'll find selling never ever ends.

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Al_Dente
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Re: 07/10/2021 Weekend Update

Post by Al_Dente »

Cobra wrote:That's bad if the stock market goes sharply down, we'll find selling never ever ends.
:!: :!: :!:
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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