Not a perma bear, I traded long bias SVXY RIOT and others today. I'll check, brb ALSO traded long AMC ALLK BFRI MBOT PYR today. Will swing F PFE CGC TLRY MARA X FCX at 2day highs, not a recommendation. I just trade to make money, I don't overthink it. I still say markets burn by Jan 31st though. Just bot UVXY @ 13.8 aftermarket
People always bring that up but the market has a pretty strong bullish seasonal tendency in the last week of December. Granted, it's usually not a huge move, but gradual drifting up like we've seen on lower volume.
Right, and slow steady grinds up like today's are strongest, vs spike up/down. But 4days up in a row is getting extended, I expect red tu or wed
around Christmas and New year, volume tends to be low. BUT!!! the market is still moving. Look at what happened on 27 Dec 2021. the day range was very healthy. after the New year holiday, Daily Volume Is Flashing RED ----> Daily Volume will be Flashing GREEN and the market will move even more.
%% NO wonder, all your chart volume is red\LOL QQQ,TQQQ Christmas to 52 weeks Christmas price + volume is is fine. DAL price + volume is not anywhere near as uptrendy as qqq,TQQQ. But i use blue or green for up + red for sell on price + volume. [IF i wanted to confuse myself i would use the exact same color volume for buys + sells, but i dont/LOL]UPRO is flashing plenty of red sell volume but 52 week uptrend blue or green price is fine \so ok for noW..................................................[Expect holiday volume to be weak, just dont confuse that with a prediction]
%% LOL/ no wonder so many hate charts, especially 52 week charts or 10 year charts. ALL one color may work well for you , especially if colorblind + many men are color blind. IF TQQQ, qld, qqq has\ends a one week topping tail /green LOL, good call+ slill but its still 30 minutes 'til close/+.........................................................................................
There was an infamous site once called Chateau Heartiste, may still be up (edit: yes it is). Anyway, there was a prolific commenter on that site called GBFM who spoke in a similar form as you, disguised as gibberish with hidden gems. He was often the commenter of the week. For example: https://heartiste.org/2017/03/03/da...e-for-leftist-governments/?PageSpeed=noscript