Volume fading on each up day which means there is a bit of air holding it up at this point....what would be very interesting would be to see the markets retrace back to lows last week and see people jump in thinking it's yet another buying opportunity only to see it reverse and break straight through it's 200 day moving average.
Netflix added $17 Billion in market cap in 4 days!!! Law of large numbers....keep this in mind....the rate these stocks are moving again seems to be that by the end of the year will have a few trillion dollar companies......
Apple added...get this over $100,000,000,000 in market cap in just 4 short days....and this is on news of slower iphone growth.... $100,000,000,000 in 4 days!!!! Remember law of large numbers....at the rate apple is moving at it would be a $5 trillion dollar company by Xmas 2018!!!! Not possible... actually that would be impossible.....but it will be a trillion dollars when the stock price touches $199+
Just another way to float the market higher.... companies buying back stock at record pace... largest in history!!!!! Companies buying back stock at record pace since Trump tax bill may aid market's comeback Corporate buybacks continue to surge, and are now at year-to-date record of $170.8 billion. The boom, fueled by tax law changes, could help boost stock prices, as companies buy in their shares and the smaller float of outstanding shares helps their already rising earnings. Cisco's $25 billion buyback announcement this week was the largest, followed by Wells Fargo's $22.6 billion. https://www.cnbc.com/2018/02/15/com...-trump-tax-bill-may-aid-markets-comeback.html
Time to float higher....lift the offer tap it with a 1 lot wash rinse repeat. Indexes will be up 0.50% on 1/100 the daily volume....like magic!
With all this fun after hours going on they should just keep the markets open 24/7.....then we could get to Dow 100000 by early next year....it would be a constant stream of buying....non stop free money...no need to keep this free money making machine off for hours and hours......money doesn't sleep so why should wallstreet
This is where you don't know what you are talking about. On a fundamental basis, AAPL isn't expensive. The "rate" it grows in 4 days is a pointless stat. You are obsessed with bs and refuse to do real research. From late October : So here's the funny part, if you'd have just believed what you posted instead of putting it up there to mock other people who were in fact 100% right you could have made money on the move and cashed out when things got frothy in January. But we know you didn't without even asking.
Hehe are you really short or FOMO? Futures market is essentially open 24 hrs during weekdays, and they have sway on the next day's action.
One of the best trading signals on here is to go long US indexes when S2007S starts posting these mocking posts or buying triple etfs against trend. He's kind of a barometer when fear is overtaking common sense and many ppl won't see fundamental plays. TSX when it hit 14900 last week seemed oversold to me and it was. Value plays would be stocks like CM, BMO, and MG on dips. More daring plays are in the energy and gold sectors which have sold off considerably the last 2 years.