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]
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.
My comments are for entertainment/educational purpose only. NOT a trade advice.
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."
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Typical breakdown then sharp reversal up. Here's the bear's last chance to make a downtrend day.
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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.
Charts posted are not recommendations. They are just a sharing of information.
I think it's a C&H instead of double top so breakout should be more likely.
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Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.