Creeping up every slowly higher is a strong bullish sign. We should go above yesterday open. Don't think $200 is possible today. Perhaps $165 area?
Surpising how weak DOCU is. Only 4% gain after 42% drop. Best it could muster was like 8% gain at the HOD. LCID recover the almost entire 19% drop after some bad news.
And UVXY, SCO, and TZA did exactly as you said they would today as well , right ? A 4% bounce on DOCU on a green day in markets strikes me as being rather pedestrian but sure you made money on it congrats thanks for reminding us .
I took gander at the income statement they are money losing still. This is the kind of high flying stock that got hammered in 2000/2001. I'm not familiar with it enough to have an opinion what it might do, but it helps illustrate why I think some serious sector rotation may occur next year or so. Some of my energy plays trade at 3-7 times free cash flow and they turn a profit. They were "on sale" as well last week.
Their financials have actually improved quite nicely over the last year. Of course probably not enough to justify their torrid stock run but it's about par for the course for these high growth new age companies. I wouldn't discount DOCU out just yet. There is a reason why Woods bought over 700k shares Friday. DOCU will be making another run at its high, probably within a year or so if overall markets hold up.
Well, not disputing anything you say, but I fail to understand the logic behind this pedestal that everyone has chosen to place St. Cathy upon. Granted, I had never heard of her until a few months ago, but from where I sit, you'd be better off following Stoney's thread. She also loaded up on Robinhood north of $37 amongst her other losing stock picks. I cite that one because it's the first one to pop into my mind as I write here. How many millions of shares of PLTR did she buy at $24? It closed at $18.88 today. I mean she has the $'s to stomach 25%+ drops I guess, but most retail players don't have that luxury, especially those using margin and buying a falling chainsaw. Again.... what makes her so special? For real? +++++++++++ MRVL closed at $85.50 btw. It's going higher too. Buy some ZI down here at $60.
Pedestal? She’s forward thinking and has backed her conviction with action ie trades. Do I think she’s the greatest ever? Not by a long shot. Definitely like to see how she will weather a decent downturn. Would like to see how all these millenials and GenZs weather a big downturn. 25%??? In today’s trading conditions, that’s a single day turnaround.