Friday morning before the bell while futures were somewhat down this news gets released just before the open: https://www.cnbc.com/2020/07/10/gil...onavirus-treatment-reduces-risk-of-death.html
Everyday raising price targets Amazon and Netflix get new Street-high price targets as analysts boost tech trade PUBLISHED FRI, JUL 10 20208:20 AM EDTUPDATED 19 MIN AGO
Precisely...I would say there are almost zero uber bullish people on this forum anymore. Analysts are forever bullish -- they are paid to be, but if you use them as an indicator to sell, you will have lost money for 10 years. Sort the list of stocks and you will always get a mega cap name that has gone up a lot. It is like saying the sun is going up today, so sell. It is just meaningless statistics. I point this out, and people expect I am uber long and wish me ill. So much anger and emotions in the bears, mascarading as intelligence. I fear they are going to the dark side.
$220,000,000,000 in market capitalization gains in apple and amazon together this week alone. Cant wait to see how quick these hundreds of billions in market capitalization unwinds because it always does.
"because it always does."....again prove it! Why not flatline for 20 years like China since 2008? Why not double and then half and then triple? Why not every other option?
You said that when AAPL was $170 and you heard Buffet had been buying at various levels up to that price.
Fast forward Sunday night, S2007S predicts a -2% move on Sunday as usual. And then Monday through Friday next week, uses the same logic -- sort list of stocks that gone up a lot and because it went up so fast, you keep believing it you fool, but I will short because it has to go down just as fast. Then repeat another 520 times weekly for next ten years.