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S&P 500 Index
Short
Updated

Objective Market Review

675
Today is the 19th trading day out of 20 trading days in September.
At the time I am writing this article S&P 500 has lost 3.24%, NASDAQ 100 lost 4.88%, and Dow Jones has lost 2.66% of their values in September.

S&P 500 has had 12 negative days and closed higher in 7 days, these numbers for NASDAQ 100 are 10 lower days vs 9 higher days and for Dow Johns is 11 and 8 days respectively.
Besides that, the body of the candles in the Red days are much bigger than the green days, which clearly shows the Strength of sellers in September.

5201 stocks and depository receipts have been traded in September so far, and 3055 (58.73%) have experienced a decline in value.
These numbers for the 92 companies with a +100 billion dollars market cap is 70 (76%), for the 84 companies with a 50-100 billion dollars market cap is 62 (73.8%), for the 515 companies with a 10-50 billion dollars market cap is 346 (67%), for the 1140 companies with a 2-10 billion dollars market cap is 690 (60%).

let's review some posts to see why the statistical approach matters:

1- August 24th, 2021: Predicting the higher volatility in September
What is "witching" and why is it quadruple?


2- September 2nd, 2021: Predicticting 2-4% correction in September
Market does not like long weekends..!


3- Planing to benefit from the incoming correction: SPXU and its Call options Buying opportunity offered to my followers
SPXU +6% and its Options +145% gain in one week!
SPX 21 days time cycle.


Now let's review some other profitable trades in September:
1- Sep 1st: WFC, +100% gain in its Call option in 1 day..! +2.12% Stock.
Wells Fargo may rebound soon!


2- Sep 7, Shorting NIO at 41.38, NIO experienced -15% after that:
Today or Tomorrow that is the question?


3- Sep 8, Shorting Amazon at 3513, AMZN went down more than 4% afterward:
Amazon Fake out


4- Sep 8, Apple Short Analysis at 154.74, AAPL went down more than 6% afterward:
Wall Street Bets runs out of Steam or changed Behavior?


5- Sep 10, Microsoft short analysis at 297.2, MSFT went down more than 5% afterward:
September Forecast for Microsoft


6- Sep 10, Google short analysis at 2851, went down more than 4% afterward:
September forecast


7- Sep 15, UBER long analysis at 38.5, Uber jumped more than 25% afterward:
Does Uber waiting for us at the support level?


8- Sep 26, Exxon Mobile long opportunity, XOM jumped +5%
Multi-Timeframe Analysis: XOM


9- Sep 26, General Motors long opportunity, +15 so far
Multi-Timeframe Analysis: GM


10- Sep 24, DatChat, a Long opportunity at 11.15, Skyrocketd with +50% in one week..!
A newly IPOed stock with momentum!


To be honest, I have had faulty trades such as BABA, BYND, WISH, with -2.2%,-3.2%, -4.9%and -7.4% loss..!

Best,
Moshkelgosha









Note
Watch this closely: youtube.com/watch?v=w92uQ3AhYgs

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