If the outbreak isn’t contained soon, Meeks believes the next serious tech sell-off could be longer and deeper than his original prediction almost a year ago.
Within TA expectation that a correction should happen $320-$330 long before coronavirus was even uttered.
Looked back some past posts, realized $320-$330 was talked about in Nov 2019, it means some1 in the market already knew? How? It is this realization that there are always some1 in the market who know earlier before the fundamentals are publicly known make me lean towards TA and away from FA. My view of TA is a window into what some people know/see. The collective wisdom of the market trumps us easily. When I started 30 years ago, I studies FA religiously, still have the books but kept in some boxes in the garage. I use to have elaborate spreadsheets on financial performance for many years and all kinds of financial ratios for each stock, now can’t be bother.
@Jil Look like you completely miss the message that I mentioned ad nausea. Allow me to repeat ONE more time.
Everybody in the market know that FA is the basis for valuation, but you as an individual have limited info such that your FA is incomplete. Some1* knew about the fundamentals & its changes way earlier than available in the public. Hence, as an individual, doing FA is largely a waste of time because we have limited info. The alternative is to peek into what these some1* know through TA.
*That some1 may not be a single person, could be a collective wisdom.
I am wondering is it me who can’t express myself clearly or you refuse to understand/accept what the other person is saying?
Btw, I read and understand FA way earlier than you, from what you have said, you learn FA less than 5 years ago. Now I have largely thrown away them and forcefully forget most (some are still useful) of them because they are not much use to an individual. You are essentially telling me to recall what I have known/understood but forcefully forgotten. So no need to keep repeating the same message that FA is the basis, we all know. Frankly, I am not interested in ideas/ concepts that are well documented because the chances is I already knew about it. More interested in knowing original insights that are not mentioned anywhere.
If your view is FA is still very useful for an individual for trading then we can agree to disagree.
FA is needed for buy n hold investing for sure. No disagreement here.
Buffett, a self-admitted Luddite, resisted using an iPhone, in favor of his flip phone, even as Berkshire doubled down on Apple stock. But on Monday, he told CNBC that he finally gave in and switched to an iPhone.
Armed based MBP is the most anticipated product in the Apple world. If the rumor is true, Apple has successfully unified all the OSes with the same core code base but different routines for user interface and device drivers.
Is the reason why I am comfortable holding on to AAPLs.
Apple has “a strong balance sheet, affordable luxury products in must-have product categories, and high competence in supply chain management,” he concluded, and its stock looks “oversold” amid the public-health panic.
You are comfortable with existing picks, but not new avenues like BYND & TSLA. These stocks are highly volatile means, very widely looked by/hated by many.
See how both are jumping back after dip. You should get benefit out of the new good stocks, of course volatile they are.
So long AAPL is not brought down to correction territory i.e. below $295, market is not going to correction.
If like Dec 2018, I would load up NVDA 
