FANGMANT/ Manificient Seven + NFLX

Elt1 · January 16, 2018, 7:50pm

Longest bull recently 1982-2000

marcus335 · January 16, 2018, 7:51pm

At least wait for a breakdown in the technicals before you go short. Shorting while the technicals are strong is just foolish. You don’t need to catch the beginning of the downturn to make a ton of money on it. However, being early can cause you to lose a fortune.

hanera · January 16, 2018, 7:58pm

May be he saw technical breakdowns.

wuqijun · January 16, 2018, 7:59pm

Never short anything. Will do you no good. I am a diehard skeptic of cryptocurrencies but even I wouldn’t short bitcoin. Just long your favorite assets. Plain and simple.

marcus335 · January 16, 2018, 8:02pm

I wouldn’t call that a technical breakdown. It tested the 50-day and held. I wouldn’t consider it a breakdown until 50-day crosses 200-day (death cross). That’s holding the uptrend every time it’s tested. That’s a great pattern to stay long or even get more long.

hanera · January 16, 2018, 8:05pm

200-day not 50-day. 50-day didn’t hold.

It did happen in Apr 2016

Elt1 · January 16, 2018, 8:07pm

Craps players hate those who play the don’t passline

marcus335 · January 16, 2018, 8:11pm

It barely crossed for a day or two? It’s hard to tell with how small the chart is. I’d hardly jump to short something on that. I wonder if it had a weekly close below it?

hanera · January 16, 2018, 8:32pm

Frankly no idea why he shorted AMZN There is really no technical breakdown… guess he is trying to jump the gun.

hanera · January 19, 2018, 10:42pm

Since Aug 28,

F10 … .+21.75% new ATH
AAPL…+10.52% new ATH
TSLA…+1.26% Incredible recovery, did wuqijun jabs Elon like a beetle?
TCEHY…+40.51% Overtook AMZN 36.84%
mCap…-11.08% recovering
sCap… +10.31% new ATH. Past 10% for the first time

hanera · January 24, 2018, 5:12pm

Market reverses early morning gain because of wider loss in GE, and below consensus sales forecast by TI. Market smells trouble ahead.

marcus335 · January 24, 2018, 8:41pm

Is TI representative of the hot trends in tech? GE is a mess.

manch · January 24, 2018, 10:48pm

Meguro · January 25, 2018, 1:28am

Now you tell me!

hanera · January 26, 2018, 9:43pm

Since Aug 28,

F10 … .+29.31% new ATH, incredible momentum
AAPL…+6.22% BTIG slams AAPL.
TSLA…-0.81% back to negative zone
NFLX…+64.11% took the reins from AMZN 48.21% and TCEHY 47.18%
mCap…-9.10% recovering
sCap… +12.85% overtook AAPL but lag further behind F10

marcus335 · January 26, 2018, 11:09pm

I sold my AAPL today. I still think they’ll grow, but I think others will grow faster.

BAGB · January 26, 2018, 11:20pm

Selling AAPL and buy what?

marcus335 · January 26, 2018, 11:46pm

I added to UBNT, NTNX, VEEV, and SHOP. They’re return is 3x AAPL the last 5 months.

hanera · January 26, 2018, 11:50pm

Can’t add any more to VEEV… planned size already.
Fully regretted in selling UBNT and SHOP, now wonder I should bite the bullet and buy back after 10% appreciation from sold price. I think I will go the route of long calls (LEAPS) rather than underlying… go aggressive to catch up NTNX seems to be weakening… hopefully sold 300 shares, left with 300 shares… not another regret, please.

hanera · January 31, 2018, 5:57pm

2mrw earning: AMZN, GOOG, AAPL, BABA

Anyone game to trade the earning? Short or long?

Today is FB and MSFT. Long or short?