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Amctothemoon

Crucial SPY test ,MEME counter argument The Fed.. Scholars running the show are now, after denying the fact that the Evergrande mess was contained, are now admitting that the ramifications could spill into the U.S. Economy. The Fed.. Also sent out a WARNING that the act of holding a meme stock threatens the stability of the U.S. Financial system. I would like to point out that holding meme stocks isn't the actual problem. Though I am very biased on this, as I am, and have been accumulating AMC for about a year now, the issue is what has happened to make "MEME" stocks an issue along with why it's being called a "MEME" stock. In my early 20's I worked as a crane rat, learning everything from mechanical to electrical engineering along with ladder logic programming, how to diagnose an issue with a piece of machinery crucial to any random company that needed one repaired on the fly. If it was a mechanical problem, MOST times it was an easy fix. However when it was an electrical problem there was a lot of wire chasing looking for a short , an issue with software, a bad high or low voltage coil. If it was a fuse, what made the fuse , or circuit pop? Was it a short, or was there a mechanical problem like a bad bearing that led to an overdraw of current that popped or blew the circuit? In the event that it was certainly a mechanical issue it was fixed by replacing a bearing or what not. Let's look at the accusation of holding a "MEME" stock as a disruptor in our beautiful financial system. Let's compare our Financial system as an electrical circuit , which it basically is. You work, you get paid, you spend, money goes back to the manufacturer and you get paid again. The more efficiently you spend your money, you develop a savings and invest in a stock that seems to be doing really well, in the hopes you can increase your nest egg. When the circuit is broken the fuse blows and the system goes down, not just because of a mechanical issue but it could also be a software issue. Let's look at the mechanics of the financial system as well. (1) From Investopedia, "Individual and institutional investors come together on stock exchanges to buy and sell shares in a public venue. Share prices are set by supply and demand as buyers and sellers place orders. Order flow and bid-ask spreads are often maintained by specialists or market makers to ensure an orderly and fair market." Seems legit right? Everyone is happy, everything works, and best of all its cyclical . I absolutely love this system! It is FLAWLESS! It works, the machine is in tip top order, clean and ready to rock. It's only when one of the 3 main and/or 6 sub parts of this machine goes bad that we find issues in the circuitry, mechanical and software end of it, and it fails. These 3 main and 6 sub parts are as listed in the quote above from Investopedia: 1.)The Electrical; I.) Individual II.) Institutional Investor 2.)The Mechanical; III.) The buyer IV.) The seller 3.)The Software; V.) The Specialist VI.) The Market-Maker Let's test my in the field diagnosis of this machine: 1.) Looks like the Electrical is working just fine. Stocks have been bought and sold by both investors and institutional investors on a day to day, month to month and year to year basis. Heck I even know a guy who has held Microsoft for 35 years. He keeps reminding me how it "IPO'd at 21 bucks a share". Seems legit to me, This is how it's supposed to work. (2) From the "Wall Street and the Stock Exchanges: Historical Resources web page: " Stock exchanges have a long history in the United States. In 1790, the Philadelphia Stock Exchange, originally named the Board of Brokers of Philadelphia, was founded. Two years later saw another big competitor—the New York Stock Exchange." If "1" is working, let's check the mechanical end of this machine: The buyer and seller III.) Looks like the BUYER end of this machine is working. I can certainly see it's been heavily used and may have had some problems along the way, which I can certainly hope have been repaired. {Robinhood} . Further diagnosis is needed. In this case I would write a note to myself and carry on with the diagnosis. IV.) The seller. This looks pretty good, minor wear to it, but it is functioning as intended. Certainly not as bad as the "BUYER" end of it. the Electrical end of this machine has had some problems, a note has been added but overall still seems to be functioning correctly. This puts me at my third stage of diagnosis. If the electrical and the mechanical aspect of this machine are working, and I haven't overlooked anything, the problem must be in the software. Let's analyze first the directions of in which the market is supposed to work: From the instruction manual : (1) "Individual and institutional investors come together on stock exchanges to buy and sell shares in a public venue. Share prices are set by supply and demand as buyers and sellers place orders. Order flow and bid-ask spreads are often maintained by specialists or market makers to ensure an orderly and fair market." ~ Investopedia Well, would you look at that!?!? Seems We found the glitch in the machine. "Order flow and bid-ask spreads are often maintained by specialists or market makers to ensure an orderly and fair market." AND "Order flow and bid-ask spreads are often maintained by specialists or market makers to ensure an orderly and fair market." Seems we found the issue, it also seems why we may have found why the "Buyer" showed some defectiveness as well. This is why no one singular person or anybody should feel singled out for ruining a perfectly working machine. It is when "Special instructions" are issued to a machine without the engineers approval that the warranty is void. The repair is very very simple. As a field tech, I would simply allow the machine to fail, remove the software and build upon the roots that established it as a working machine. Let's start with a buy is a buy. what does this mean? This means no dark pools. Not for you, me or God. A lit exchange is necessary to have an open and fair market. A buy is a buy and a sell is a sell . There isn't a loop hole in that. what it does bring to light is a buyer beware and ensure stop losses are set. T1 settlement. My electric company has the ability to shut my power off remotely, we have high tech machines that do transactions at light speed, but it takes 3 days to transfer money from one place to another? come on, this i T# and T2 settlement shit is rubbish. Abolish PFOF. This actually should be placed at the top of the list. With todays applications on the Cellular networks, there is absolutely no reason PFOF should exist! Want free trades? Deal with this advertisement first. Or subscribe to our non advertisement plan for blah blah blah a month. a system much like Bitcoin or Ethereum, where every transaction can be placed recorded and viewed publicly. Which is tied hand in hand with the anti-dark pool update. Here is your machine from the 1790's working as intended, more efficient and more transparent. When something goes wrong you know exactly where the error occurred. I am thinking of doing a Yellen , Pelosi essay next. It will be titled Cybernetic Untrustworthy Network Tyrants as soon as I finish some well deserved solitude from the markets and my working life. Credits : (1) Investopedia.com "How does the Stock Market work" (2) Https:guides.loc.gov "Wall Street and the Stock Exchanges: Historical Resources (1)
AMEX:SPY
by ssyxworld
AMC ready for another moon shot?As you can see AMC has formed a massive price channel. Each time it made contact with the bottom of the channel it was the beginning of a massive run gaining over 500% in very short period of time. After each run, price pulled back 50-55% and raced back to the top of the channel to repeat the cycle. The top of the channel is ~$200 Options expire 9/17 So what do you think? Will AMC blast off to $200? 30 minute chart broke out of falling wedge pattern.
NYSE:AMCLong
by Lemur1986