Today Market

marcus335 · July 9, 2020, 10:15pm

Of course volume is higher, we know that since VIX is higher. The metric is pretty useless without put/call ratio. Going by VIX and fear gages, my guess would be more puts than calls.

Jil · July 9, 2020, 10:31pm

Do you notice S&P is changing from Death Cross to Golden Cross Today after 70 days !
Can someone validate whether this is correct?

Jil · July 9, 2020, 10:56pm

When (what date?) was the last chance?

If market turns upside tomorrow, you will have FOMO further…LOL

hanera · July 9, 2020, 11:05pm

Head I win: QQQ up = AAPL up.

Tail I don’t lose: QQQ down, buy TQQQ cheap.

manch · July 9, 2020, 11:29pm

The top three are within spitting distance of each other.

So are the sub-700 club. Zuck needs to get everyone back in the office now. The Chinese are breathing down his neck.

manch · July 10, 2020, 12:33am

MSFT is growing much faster than AAPL. P/S ratio is at a decade high but not so for P/E.

manch · July 10, 2020, 12:34am

AMZN is growing faster still.

manch · July 10, 2020, 12:38am

FB is trading at a decade low. Growth decelerating though.

erth · July 10, 2020, 5:56am

Google, Twitter and Facebook have become activist corporations.They are no longer a for profit companies.

Jil · July 10, 2020, 6:41am

You need to know how many products google has got other than ad business? Plenty…phone, waymo, nest, waze, youtube, office apps (mail,storage)…lot of venture funding etc. They will easily diversify the business.

hanera · July 10, 2020, 12:59pm

Jack of all trades, master of none. If so many types of biz, might as well buy QQQ.

Jil · July 10, 2020, 1:33pm

Googl is formidable challenger to Apple iPhone , challenger to iOS ( Android ), challenger to amazon ( internet sales ), nest vs amazon echo, same way chrome vs internet explorer , waymo against TSLA autonomous vehicle…etc

Google is formidable enemy for all companies

hanera · July 10, 2020, 1:54pm

Enemies of all? Foolish.

hanera · July 10, 2020, 2:05pm

Took your advice and bought TQQQ yesterday, and very red NOW

Jil · July 10, 2020, 2:21pm

I followed you too, morning itself.

Jil · July 10, 2020, 2:31pm

It looks like you envy google as they are formidable competitor to apple IOS and they are growing tough challenger to apple! But as an investor, Google will grow, that is an opportunity…people will buy…

hanera · July 10, 2020, 2:53pm

Didn’t buy yesterday, follow you today instead. Green now

hanera · July 10, 2020, 2:56pm

Don’t think so. Google tries to be MSFT of mobile, wrong strategy, should have focused on web. Its folly allow AMZN and then MSFT to be king and lord of cloud computing. Is making the same mistake as Balmer MSFT. Is possible if they didn’t mess with mobile, could be a $2T company now, yes higher market cap than AMA. For great return, should buy one of those SAH/ WFH cloud stocks - A few of them could be $1T - better bang for the dollar.

Elt1 · July 10, 2020, 3:22pm

Meanwhile in RE… Tahoe market is off the charts. One house near me just sold for $2m and was torn down. One on my street is pending at $3.3m. I only paid $1.1m three years ago.
I have had two unsolicited offers this week alone.

I have had over 30 calls on one of my 2 bd units for $1400/m. Rented a studio in one day at $900/m

Over 40 calls on my farm house at $3000/m
Tenants making up to $180k interested.
The massive city exodus is in full swing.

acre · July 10, 2020, 3:29pm

Strawberry and Pine are the same way. Stuff is moving like hotcakes - even total remodels which have been sitting for years. Don’t know whether it’s folks wanting a “beta site” after the riots in the Phoenix area or low interest rates or what.