Sept 2022 Margin Requirements and the Wyckoff accumulation phase of 2023
What about it?
Please refer to my post about a change in Initial Margin requirement dates that started Sept 1 2022: https://reddit.com/r/Superstonk/s/RQh5kswiQl
Seems something changed/shifted when this new Sept 1 2022 date when into effect as you can see in the photo.
ABOVE: More recent price action 2022-present
BELOW: Price action 2019-2020.
Regarding this year's price action and lower volume:
"Volume Analysis: Volume plays a crucial role in analyzing the Wyckoff Accumulation pattern. During the accumulation phase, volume tends to decline as the trading range narrows. This decrease in volume indicates diminishing selling pressure and suggests that accumulation is taking place."
Regarding the markets upcoming reduced liquidity because of (my opinion) the requirement to post margin on Sept 1 2023 (larger than usual because some funds were able to defer through the last Jan 1 2023):
"A market's liquidity has a big impact on how volatile the market's prices are. Lower liquidity usually results in a more volatile market and cause prices to change drastically; higher liquidity usually creates a less volatile market in which prices don't fluctuate as drastically."
What happens to a stock with these traits in the above conditions?
- QoQ / YoY improvements in SG&A, cash flow, etc
- Hundreds of thousands of loyal followers
- An ever decreasing float
- Insider buying
- Higher than avg short interest
- etc etc etc
Are we still doing bank buildings lit up posts?
What about it?
https://globalnews.ca/news/9921852/toronto-union-station-fire/
CIBC square building on fire a couple of days ago. Jokes are already flying about insurance claims.
Text :
"Emergency crews responded to a fire near Toronto’s Union Station on Saturday, with firefighters arriving to find thick black smoke at the scene.
Toronto Fire Services Capt. Dan Vieira said the two-alarm incident occurred at 141 Bay St., which is where the old bus terminal was located.
Toronto police said on social media that the call came in at 1:16 p.m. and reportedly involved a building that was under construction.
Vieira said there were reports of smoke coming from the roof and firefighters arrived to find heavy black smoke. The incident is now reported to be under control.
Vieira said crews were at the track level of union and GO Transit was notified, prompting them to shut down service on some of their tracks.
No injuries have been reported.
Toronto police said sections of Bay and Yonge streets were closed in the area, but have since reopened.
A skyscraper is set to be located at the site of the old bus terminal at 141 Bay St., as part of “CIBC Square.â€