Fang, ant, bat


#1489

:+1:

But I do not see bearish market now even though Nasdaq went to this level today! But both spy and qqq are at SMA200 level!!!

If MSFT and AMZN makes low growth and spy goes down another 10 % , I agree!


#1490

Very high volume with hardly any change in prices.

Short-term re-bounce in sight. STFR.

Avoid high P/E regardless of past high growth rates. Growth rates can slow drastically.


#1491


#1492


#1493

Both MSFT and TSLA would tumble next week. STFR.


#1494

Shopping spree is coming.


#1495

Remind me next Friday !


#1496

Not enough blood. Might have a re-bounce 2mrw or latest next week for people to STFR. And then another down draft.

Daily charts of FAANG.

All except THE ONE is below 200-day SMA.


#1497

The more blood the merrier. If there is one thing I have a lot of that’s patience.


#1498

There are things in life that you can’t wait :grinning:
Is a great time to scale into index ETF VOO and VFINIX for my sons’ brokerage account. Have been waiting for a long time. Frankly, is still too high, higher than my first purchase of VOO at $233 and VFINIX at $225.


#1499

:older_woman:


#1500


#1501

If FED stops Dec rate hike !

If these negative happens, forget long calls

If in future, Nov 6th, if hanging government comes in USA, none of the programs will get vote, that includes DEC 7th shutdown funding !

If FED does not stop rate hike and add another 0.25%.


#1502

Are you saying AMZN would drop below $1000?


#1503

AMZN is still making good profit. This is unfortunate time to get into issues as market makers are pulling all stocks like kind of shorting. Market reaction, esp short term, is wilder than actual. They will pull down AMZN more than actual. Yesterday Nasdaq was oversold region.

Economy is doing good and many companies are doing great. It is an opportunity to buy when AMZN is too low.

If all negatives are happening, like hanging government, recovery may happen after Jan 2019.

If Rep wins by Nov 6th, recovery will happen after election as it is easy to pass govt shutdown and may likely pressurize FED to stop increasing rate (which is really a guess at this point as FED is independent).


#1504

After many words… :roll_eyes:
Btw, my GTC buys are between $1350-$1550.


#1505

Mine is $1349.


#1506

What are the odds of a Republican victory.


#1507

I am Very poor in politics !


#1508

Define “victory”.