Exactly...research has shown that most companies buy their stocks back at the highs....fb is doing just that
Tomorrow markets are going to surge....it's going to be one of those triple digits openings on the Dow where it floats higher all day closing up 2% + tomorrows surge will have everyone forgetting the last 5-7 trading days!!! The psychology will shift starting tomorrow morning!
Just need amazon tomorrow night to keep the markets running into the weekend. Easily a $100 point move in either direction waiting for amazon after earnings. Going to be the biggest earnings coming out this week. Next week apple..
Chop and slop happens during corrections - so like I've said before I would expect lower lows below Jan/Feb lows at some point soon.
That's not going to happen… It's already happened in the last two quarters. The move will be closer to $60.
Ok I was wrong about how much NQ would rise overnight. But I still say the bottom is in until May 1. And we will be at the highs of the session around lunch time today.