Wall Street Bets Conquers The Stock Market..!
It may sound ridiculous, but it is an undeniable reality.
WSB's most recent plays AMD and MRNA passed SPY in trading value on their picks!
Why this phenomenon could be important?
I usually sort the market based on volume price which shows the money fellow and is way better than volume. While volume gives you the information about the individual stocks, volume price gives you the opportunity to compare different assets.
SPY has had the highest Trading value (volume*price) in the almost entire trading year with 600 billion dollars!
SPY Fund Summary
The investment seeks to provide investment results that, before expenses, generally correspond to the price and yield performance of the S&P 500 Index. The Trust seeks to achieve its investment objective by holding a portfolio of the common stocks that are included in the Index), with the weight of each stock in the Portfolio substantially corresponding to the weight of such stock in the Index.
August 4th, 2021:
AMD a 150 B market cap company traded 26.7 B on the same day SPY trade value was 19.5 B.
August 9th, 2021:
Moderna a 195 B dollars market cap company traded 20.5 b, on the same day SPY trade value was 18.2 B.
But another example could be Tesla,
On January 25th, 2021:
tesal reached its all times high 900 and traded 36B dollar while SPY traded 27 Billion dollars on the same day.
How to use this information???
Check the top 10 WSB's plays..!
You can use this information (trading value passed SPY price volume) to detect the last day of Wallstreet bets last positive day in their major plays!
Pric Volume*Price of WSB play (meme stock) > SPY trading volume Price, after a sharp rally and trading volume increased >200% in 3 days, possible end of manipulation!
For other minor plays you can use other criterias:
If after a sharp rally a +30% in 1-4 weeks, and in 3 consecutive days volume increased more than 200%, it is highly likely that days is the last day for WSB play.
Example:
PFE:
Do not Forget shorting against their plays is very risky..!
WSB's most recent plays AMD and MRNA passed SPY in trading value on their picks!
Why this phenomenon could be important?
I usually sort the market based on volume price which shows the money fellow and is way better than volume. While volume gives you the information about the individual stocks, volume price gives you the opportunity to compare different assets.
SPY has had the highest Trading value (volume*price) in the almost entire trading year with 600 billion dollars!
SPY Fund Summary
The investment seeks to provide investment results that, before expenses, generally correspond to the price and yield performance of the S&P 500 Index. The Trust seeks to achieve its investment objective by holding a portfolio of the common stocks that are included in the Index), with the weight of each stock in the Portfolio substantially corresponding to the weight of such stock in the Index.
August 4th, 2021:
AMD a 150 B market cap company traded 26.7 B on the same day SPY trade value was 19.5 B.
August 9th, 2021:
Moderna a 195 B dollars market cap company traded 20.5 b, on the same day SPY trade value was 18.2 B.
But another example could be Tesla,
On January 25th, 2021:
tesal reached its all times high 900 and traded 36B dollar while SPY traded 27 Billion dollars on the same day.
How to use this information???
Check the top 10 WSB's plays..!
You can use this information (trading value passed SPY price volume) to detect the last day of Wallstreet bets last positive day in their major plays!
Pric Volume*Price of WSB play (meme stock) > SPY trading volume Price, after a sharp rally and trading volume increased >200% in 3 days, possible end of manipulation!
For other minor plays you can use other criterias:
If after a sharp rally a +30% in 1-4 weeks, and in 3 consecutive days volume increased more than 200%, it is highly likely that days is the last day for WSB play.
Example:
PFE:
Do not Forget shorting against their plays is very risky..!
I usual sort the market based on volume price which shows the money fellow
Usual: Usually
Fellow: Flow