Not really a high probability that Friday is going to be a huge up day.....if its a huge up day I would be quite surprised. I think many many people are worried that it's going to drop even further so they rather get out now before the next 10-20% drop takes place...then they may start buying back in....
Yeah, I wouldn't expect a major move up today. Quadruple witching with a predominantly bearish sentiment. Add to that there's only a half session in the next four days; then you have Trump and the wall perhaps shutting things down. Mattis, China, NK, interest rates... there's just going to churn on high volume. I still wouldn't want to be short. Any move up will gain steam as shorts cover.
Google just dropped under $1000!!!!! Amazon should be under $1000 in next 12-18 months.. AAPL to drop below $125 and possibly under $100 in 2019 Fb going straight under $65 Nflx dropping under $150 in 2019 All your favorite Nasdaq FAANG stocks are done....they were the entire market, without these stocks markets will go absolutely no where....they were everyone's favorites for far too long...now the tide has shifted...if you can buy and grab a few dollars in profits do so because these stocks are going back to there original highs for many many years!!!
Feels like it's impossible to trade this market....I feel a 3-4% mega rally coming but at the same time everyone is selling into the rallies.... Should be extremely interesting to see where the markets close today....
Amazon market cap now at $700 billion.....I knew that trillion dollar market cap was too good to be true.
Gold??? Oh please. Here we go.....forget gold ...last time I traded GLD was back when gold was under $500....gold isn't going anywhere.
At the rate apple is falling it should be about a $10 stock by April!!!! I was giving it until first quarter of 2019 for apple to go to new lows but it looks like christmas came very early this year with apple just about to break $150!!! Keep selling....it's going below $100!!!