Gotta love ZERO RISK in the SP500 = $$$

Discussion in 'Trading' started by makloda, Jan 27, 2007.

  1. Aj2014

    Aj2014

    unsustainable drop. Way overdone. Silly drop indeed
    Time to put them points back on with interest! up up up
     
    #4111     Dec 1, 2014
  2. S2007S

    S2007S

    Out of jdst at $17.69
    Missed out on selling above $18.00

    There is always next time

    Anyway just like that the dow is almost green. Down only 25 haha
     
    #4112     Dec 1, 2014
  3. S2007S

    S2007S


    Here's why Apple shares took a dive: Pros

    Cadie Thompson | @CadieThompson
    3 Mins AgoCNBC.com
    2
    SHARES
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    COMMENTSApple's share price took a dive on Monday morning, dropping about 6 percent before making a slight recovery.

    Read MoreHere's what could end Apple's winning streak

    The iPhone maker's volume spiked to 6.7 million shares around 9:50 a.m. ET. It was the largest one minute volume of trading since October 29th, according to Reuters.

    But why the stock took a hit wasn't so clear.

    RBC Capital markets analyst Amit Daryanani said traders told him reasons for the selling may include a rating change Morgan Stanley made Monday, cutting the US technology sector to 'market weight' from 'overweight.' The firm also cut its Apple weight to 3 percent from 4 percent and recommended clients trim their position in Apple.

    Daryanani also said that their is chatter of program selling in tech.

    Lou Basenese, founder of Disruptive Tech Research, said that while he's not hearing anything specific, the most reasonable explanation is that investors are just ready to cash out.

    "I think the most logical explanation is profit taking. Shares were up about 25 percent off the October lows, compared to an 10 percent move for the Nasdaq," Basenese said.

    He also added that an upgrade Barclays made on Monday could also be having a reverse effect.

    "Today's price target increase from $120 to $140 at Barclays might actually be negatively impacting the stock, as investors fear analysts are getting too bullish," Basenese said.

    There was some chatter that Apple, like its peers, also had weak Black Friday sales.

    Some traders said that Apple may also be falling victim to the retailer sell-off.

    By CNBC's Cadie Thompson.
     
    #4113     Dec 1, 2014
  4. aapl to 200 by dec 31
     
    #4114     Dec 1, 2014
  5. Scaleout.Scalper

    Scaleout.Scalper Guest

    Week after thanksgiving tends to be a red week, just let it pass, then buy when its over.
     
    #4115     Dec 1, 2014
  6. Tsing Tao

    Tsing Tao

    What? Buy now, buy later and if it goes down further, buy more! Take out an extra credit card, get a cash advance and buy more on margin! You can't lose.
     
    #4116     Dec 1, 2014
  7. S2007S

    S2007S

    Just bought JDST again at $14.65.....

    talk about volatility ...this is the etf to trade..

    Jdst and jnug move over 8% a day ...today there is more than a 25% change in each etf...

    Bought and sold jdst in about an hour this morning. Ran up nearly $2 after I bought sold out after making almost $1.50 on my shares

    Bought at $14.65
    Sell price ...anything above $17.00
     
    #4117     Dec 1, 2014
  8. S2007S

    S2007S

    Free money is almost here. Dow down only 19 points....was down over 100 this morning. Free money for everyone ...by the close the Dow will be bright green.
     
    #4118     Dec 1, 2014
  9. S2007S

    S2007S

    Almost there, dow off 11 points.
    I can smell the free money now, zero risk as we have all come to know how this market trades....forget that holiday sales plunged over 10%, this market doesn't care, green up markets coming very soon....
     
    #4119     Dec 1, 2014
  10. Never a down day in the land of perfect.
     
    #4120     Dec 1, 2014