SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Aristocrats (tm)
NNVC 1.250-3.8%Dec 12 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: sense3/9/2020 8:13:16 PM
  Read Replies (1) of 5691
 
SQQQ Trading Today...

It opened higher... and continued higher... a spike first, hitting $27, falling back and moving up on line to $26.90... right before they turned off the computers to "cool them off"... first with a 15 minute halt, looks like it happened at 9:48, but not sure about the lag.. and then, since SQQQ wasn't being allowed to go higher, it didn't. It traded all the way back down to $24.40 at noon... and then ramped higher into the close... at $26.66... up 20.69% on the day...

After hours ? It's at $24.84 right now... because, yeah... that's really what the market is thinking right now...

Of course, the market has "an interest" in making this trade fail when it shouldn't... and that was fully felt today... with a lot of "things just not working" and other slow-rolling behaviors, that being blamed on "the volume" of course, but, in truth, there's not that many people left in the market now... the volume today doesn't look that much different than other higher volume days in the last two weeks, months, years... proving only that bankers cannot be trusted... and since there's nothing new learned there... ???

Should note that the candle pattern at the close is engineered to be a "Hanging Man"... and the price surely is coincidental at 2 - 666...

Now that the market is closed... stockcharts works again: Notice the VOLUME ? Lower today than 8 of the 10 prior trading days ? They didn't let very many new particpants enter the trade today. If you sell, they probably won't let you back in ?

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext