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UWMC

Posted by z0ned on 25th of Feb 2021 at 08:38 am

Can you help me understand what you see technically in this chart?

In my view the megaphone

Posted by z0ned on 24th of Feb 2021 at 06:51 pm

In my view the megaphone pattern has been invalidated. Look at the pattern on a weekly and the SPY has closed above the upper trendline for the last 10 weeks and actually used it as support.

Great insight - thanks Chartboy.

If you have been around long enough, you will remember ...

Posted by z0ned on 23rd of Feb 2021 at 06:58 am

Great insight - thanks Chartboy.

SGSVF - Very low risk to buy here with high ...

Posted by z0ned on 19th of Feb 2021 at 02:27 pm

There is no gold. They painted steel yellow.

Equity Hedges Serving Their Purpose

Posted by z0ned on 18th of Feb 2021 at 12:03 pm

Yes! Finally! My hedges did not behave as expected on Tues & Wed but today they are saving me!

VXX options not behaving as

Posted by z0ned on 17th of Feb 2021 at 09:54 am

VXX options not behaving as expected. VXX up 1.25%. Mar 20 calls have a delta of 35 but are flat on the day. Go figure.

Edit - VXX still up on the day but calls down.

Bought X after the breakout from a steep falling wedge ...

Posted by z0ned on 16th of Feb 2021 at 05:38 pm

Keep an eye out for a right shoulder forming on the daily.

Just an opinion FWIW - Main street media are still attributing stock moves to Reddit & WSB, but it's actually the big boys now trying to fly under the radar. If you actually go read Reddit you will see almost no mention of the tickers that they are supposed to be pumping.