This is called WSB effect..!The goal of this article is to explain the Wallstreet Bets methods.
I believe all the market participants should be aware of their effects on the market and how they could derail any asset from a normal movement.
Let's look at some of their manipulations first:
1- NASDAQ:MVST
2- NASDAQ:WISH
3- NYSE:SPCE
4- NYSE:NIO
5- NASDAQ:FORD
6- NASDAQ:AMD
7- NASDAQ:MRNA
8- NASDAQ:NVDA
9- NASDAQ:TSLA
10- NASDAQ:AAPL
11- NYSE:PFE
At this point, you must be able to see the similarities between charts and also group them into 2 different categories!
Cluster 1: Small caps
Cluster 2: Big caps
In cluster 1: they usually target 100% or above
In cluster 2: The bigger the market cap of that company the smaller the wave they could push.
The big question is Are they predictable?
I believe their movement especially on the Topside could be predicted with acceptable accuracy if you know how to monitor their money injection.
Let's review some of my published analysis about their plays:
August 17, 2021, one day before manipulation ends:
NYSE:PFE
August 10th, 2021, right at the last day!
NASDAQ:MRNA
August 4th, right at the last day..!
AMD
Defining the hypothesis:
1-The Wall Street Bets phenomenon could be a very smart Algorithmic Trading Platform that creates bullish and bearish rallies by smart money injection or withdrawal, and it is not a group of "Apes".
2- Their target prices could be predictable using Option trades data
3- Their pattern of behavior is not Pump and Dump, but it is "Dump-Pump-Dump"
4- Most of their plays were in the ARK Invest's ETFs weeks or months ago.
I do not want to make this post very long, so I encourage my followers to read this article and looking at the charts carefully.
I will share my findings of WSB in future posts.
Moshkelgosha
MRNA
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..!
Don’t follow the INSIDERS, THEY KNOW NOTHING ABOUT STOCKS!While MRNA has had a great year and rewarded its investors by decent +1500% profit in a year!
Checking the fact that insiders have sold 29,554,776 share in 300 trades last year and bought 310,142 shares will shock you..!
Interestingly, they bought 0 share in last 3 months, when they have had the result of their COVID-19 vaccine which is 95% effective..! No need to say that MRNA stock had almost 180% gain ever since !
Moderna - Nice Parabola During Time Of CrisisNice parabola, breakout after breakout, just don't know how high this thing will go and maybe it has topped. Buy on rumours, sell on news.
Proof that the big money will always make money IN SPITE of crisis.
