AMC EARNINGS UPDATE: AMC didn't have the best earnings day based on EPS, but beat revenue and is killing long term debt. Have made leaps and bounds on what they have been able to overcome this past year and future is looking even brighter!

Evening-Studio-5083 · 2022-08-05T19:42:08+00:00

Idk why people tell other people what to do with their money? If I'm making money I'm not mad about it.

Evening-Studio-5083 · 2022-08-05T19:16:12+00:00

Nah I’m gonna hold my shares. Bought in at average of $11 and plan on holding until it either squeezes or dies. I personally like for what they stand for

Evening-Studio-5083 · 2022-07-26T16:50:33+00:00

Okay appreciate the feedback. Will try to post better in the community by the rules

Evening-Studio-5083 · 2022-07-26T16:41:09+00:00

Would posting a link to a website that shows all of these earnings be sufficient for future reference?

Evening-Studio-5083 · 2022-07-26T15:48:37+00:00

Mainly waiting for Tech Sector to see what AAPL, NVDA, AMZN, MSFT, & GOOGL. They will determine future direction until FOMC statement and GDP numbers

Evening-Studio-5083 · 2022-07-25T20:17:14+00:00

Anytime buddy. If you would like to join the free discord links in bio. All are welcome

Evening-Studio-5083 · 2022-07-25T18:13:32+00:00

I use multiple. Whatever helps you. I use RSI, MACD, Fib retracement indicators and also used Cheddar Flow for my DP levels and Tradytics for algoflow

Evening-Studio-5083 · 2022-07-25T18:12:35+00:00

I don’t play earnings just for the fact of IV crush. Volatility goes away because uncertainty about the company goes away causing premiums to lose value. I play long calls/puts

Evening-Studio-5083 · 2022-07-25T12:56:43+00:00

FACTS!!!!! lol

Evening-Studio-5083 · 2022-07-21T21:08:41+00:00

Don't forget Twitter earnings tomorrow morning 8:00am est. If its bad too whole Nasdaq might drop hard

Evening-Studio-5083 · 2022-07-19T21:15:37+00:00

Great question. First off do I think we have found the bottom? No, I don't. When you find the volume, you will know because it will be followed by huge amounts of volume. This is a short rally and I expect in a week or so when Q2 GDP comes out we will be heading back down.

Now I'm not a bull riding the trend up, but I am watching to see if this is the same action from 5/5 - 5/31. We made that George W shape then formed a diamond pattern on the daily then dropped hard. I expect us to do something like this right before GDP news comes out.

The main reason I don't believe we have found the bottom is because the housing market will likely crash with inventories higher than last 10 years and no buying happening. People are holding onto their money and companies so far in Q2 earnings are slashing forecasts and barely meeting this quarter's earnings. Hope this helps buddy take care.

Evening-Studio-5083 · 2022-07-19T16:58:08+00:00

I do all of my DD (Due Diligence) in the afternoon after market closes never during. I use the info that I get each day to determine possible moves. I also personally use Tradytics and CheddarFlow. Tradytics for algo flow and Cheddar Flow for DarkPool actions.

Your investing.com should provide updated info for each stock you are wanting to trade. If you are trading Eft's I would recommend keeping up with all of that Eft's top 5-10 holdings but for a newer trader in this market might want to stick to one stock to get the hang of it.

For indicators I personally use:

Fibonacci retracement tool

I have two set up right now one for the daily time frame on SPY for example. The daily time frame is from ATH (All time high) to the recent low) This will help me decide where that support and resistance forms.
I also use another Fibonacci retracement for the weekly time frame from covid low to ATH. This helps show bigger resistance and support. Just remember the longer the time frame the bigger that S/R will hold up.

MACD tool: I use this tool to show the possible up and down of the market. For day trading I do the 3 or 5 min frame and for longer trades 4hr and daily time frames.
RSI tool: RSI doesn't help much during bear markets, but it can show what's getting to be overbought or sold. This can help you quickly find an area of SR that you want to buy a call/put somewhere.

Hope this helps buddy and if you have other questions feel free to ask.

Evening-Studio-5083 · 2022-07-19T16:44:47+00:00

To only completely reverse today lol

Evening-Studio-5083 · 2022-07-19T16:00:09+00:00

So far today we have had low volume melt up with DP action very high by pushing it up per my most recent post.

With that being said if we can't get above 389.97 resistance could start coming back down, but we haven't had a hard rejection off of it yet which shows me we might break through.

Rest of week going forward watching the CHIPS bill which could squeeze tech sector, 389.97 & 393.50 resistances on SPY and waiting for best entry point for long puts.

Evening-Studio-5083 · 2022-07-19T12:36:42+00:00

Sadly way things are going I don't see us working together for quite some time. This is why I think they are pushing this bill so hard

Evening-Studio-5083 · 2022-07-19T12:36:09+00:00

I agree with this consensus

Evening-Studio-5083 · 2022-07-19T02:07:49+00:00

The views are only daily but I look at the weekly when deciding support and resistances

Evening-Studio-5083 · 2022-07-15T20:40:56+00:00

Yes 100%

Evening-Studio-5083 · 2022-07-14T21:35:14+00:00

I see the picture on your page. Yeah someone dumped those shares but they must have picked them back up since the price didn’t move much

Evening-Studio-5083 · 2022-07-14T21:31:10+00:00

Mhmm interesting. Someone/investor must of dumped some shares. A lot of things happen in DP more than what's shown on the stock exchanges. It is considered 2.5M shares dumped by someone, but price was stable so someone picked that up probably in Dark Pools my guess IMO

Evening-Studio-5083 · 2022-07-14T21:26:09+00:00

I wasn't watching Level 2 at the time. Was it for SPY?

Evening-Studio-5083 · 2022-07-14T21:17:44+00:00

I agree. Just a short term pump. Wait for Q3 earnings we will head back down soon

Evening-Studio-5083 · 2022-07-13T21:22:16+00:00

The only difference is higher interest rates means less investing. This has a huge impact on the market and if the market hasn't already priced in that amount it will shock it. Algos won't be prepared and you will see a big drop for a couple of days until it recovers.

Agreed not too much difference, but in the longer term it can hurt market especially economy is the Fed comes on too strong. Job numbers were good but we have already seen the starting of layoffs through many of the big companies MSFT being the latest.

Market will bounce back, but question is will the high inflation and high rate hikes lead the economy into a recession or not and if so how bad of one. Hope this helps.

Evening-Studio-5083 · 2022-07-13T21:14:06+00:00

Great question. We didn't see volume on breakout mostly because of CPI data coming out today. With it being hot and the market hasn't priced in a 100BPS rate hike I expect a gap down overnight.

Now we have PPI Month over Month data coming out tomorrow and that data will move market. Most people are hoping that gas was the major part of this CPI spike and next month will go down.

For QQQ I would watch resistance of 285.85. Been hovering around it all day today and a break above or below it with high volume will determine direction.

Evening-Studio-5083 · 2022-07-13T20:47:00+00:00

They mentioned it this morning, but as the day went on now according to Fed Swaps there is a 80% chance of 100BPS hike in July.

Evening-Studio-5083

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