Back preaching darkpools. Lets start with a few questions..
What's drives price action?
News? Earnings? Fundamentals, TA? Mergers?
Well the answer is actually all of those, yet none of those. Only one thing will make a price go up or down, and the answer to that is buying and selling. Good ol supply and demand.
You could waste you time watching all news hit the feed, trying to react with everyone else. OR you could just track when people are buying and selling, before the news even comes out.
This week it was TSLA. Absolute explosion on the darkpool's start of week. Shorts got killed, June puts got killed. Also prob related to upcoming witch.
Darkpools are off venue exchanges. They are used for a reason. Pay attention to them. I track darkpool order data. Platform is private, but you can check it out if interested. Free atm, may have to charge in the future. Lit exchange is noise, HFT and scalpers. Darkpools are my go to for finding stocks getting action.
This week it was TSLA
Orders started pouring in on the 5th. News? Maybe. Someone always know's before its released