There was commentary today on SeekingAlpha about AMC being a small cap with a market value of $25 billion. That makes AMC the AAPL (or take your pick) of the small caps. That situation is also the case from GME which has a market cap of over $18 billion. That inspired me to check out… Continue reading 6/7/21 IWM – Door Number 3
Tag: GME
3/1/21 GME
There was a SeekingAlpha story on GME awhile back that was headlined "Charts Useless..." I commented that was a dog bites man headline, "Charts Useful..." is the man bites dog arrangement. 40 was obviously an important number after the January decline, just because of the five days it hung around there in mid January. The… Continue reading 3/1/21 GME
2/10/21 Afternoon Signals xCC/x2; GME
Consolidation is happening above last week's highs. A move down worth mentioning would be into the bodies of one or more of the last 6 candles. The big black candle is important and almost matches the range of the first 2021 candle. People that put extra money into the market last week are taking profits… Continue reading 2/10/21 Afternoon Signals xCC/x2; GME
2/4/21 Midday Signals xFF/x7
Tough day for the twits vs the Ivy League MBAs. Ironically, the twits (and Robinhood) took a lesson from the three Hunt brother billionaires in their ill advised silver expedition. The Hunt's made their money the old fashioned way, they inherited it. They got the idea of cornering the silver market in 1980 which didn't… Continue reading 2/4/21 Midday Signals xFF/x7
1/28/21 Current Signals xLH/x0 – GME and XRT
Have to confess, I went long yesterday at the close. With the introduction of the sefirot, x0F and x0C have been merged into xLH. xLH can either drop to the lower cycle with x00 or x30 or stay in the middle cycle with xHL (or xMM if not x0F or x0C previously). x0 as a… Continue reading 1/28/21 Current Signals xLH/x0 – GME and XRT
