EXCUSE ME, THIS IS YOUR REALITY CHECK : S&P is up 2.3% in 2015 ... basically a flat market. Now please review your posts and determine if you tend to overreact emotionally to basically everything. Late in the dot com bubble, the Nasdaq went up almost 90% in one year. PLEASE LEARN SOME PERSPECTIVE AND STOP POSTING BS.
But I am fully leveraged into this market. I mortgaged my house, borrowed money from my family and friends, emptied out my credit cards and bought on margin and I exclusively use triple leveraged ETFs with no hedge strategies. Sure, the S&P may only be up 2.3% but I am up x20 of the S&P.
Im not looking at the last few months Im looking at the overall picture, the last 6 years where the markets are up an astounding 200%+ if you don't see a bubble thats fine, usually most people don't see them, I saw one in 2006-2007 and I told people what was going to happen with housing, they all laughed and thought I was crazy, everything collapsed afterwards, the same can be said now, there are bubbles everywhere but no one wants to admit, those who usually do look like fools and idiots but you will see those fools and idiots turn out to be right when the next collapse comes and the fed with all their ways will have nothing to fix it.....cause we all know the fed comes in a fixes everything, can't have the free markets do that, so will leave it up to the fed to fix the next collapse, going to see what they pull out of their magic hat the next time around, because there always is a NEXT TIME...
finally new historical highs on the S$P last new highs were on FEB 25th 2015 so there you go 2 months later and fresh historical highs 2120 $$$$$$ FREE MONEY!!!!!
here you go, A nice clean chart to tell you how far these markets are away from historical highs Key index levels As of the close on Wednesday, April 22, 2015. Major Indexes Year High (Intraday) ------------- Record Closing High DJ Industrial Average 18288.63 ----------- 18288.63 NASDAQ Composite Index 5042.14 ---------- 5048.62 NASDAQ-100 Index 4483.97 ------------ 4704.73 Russell 2000 1278.63 ------------- 1275.35 S&P 500 2119.59 ---------------- 2117.39 S&P Mid Cap 400 1543.48 ------------------ 1539.61
tonite big market movers earnings from MSFT AMZN GOOG Im thinking 2 out of 3 move to the upside, what 2 I don't know....
You know whats funny, look at the last paragraph FULL YEAR EARNINGS AND SALES GROWTH HAVE DECLINED FOR 3 STRAIGHT YEARS, yet the stock touched a 52 week high of $394.60 on Tuesday and has rallied non stop for those last 3 years..... 3 years ago on April 20th 2012 shares closed at $189.98 They are up over 100% in 3 years while EARNINGS AND SALES GROWTH HAVE DECLINED.....this is what happens when bull markets happen, this stock has defied gravity for a very long time, how it holds these price levels is beyond me, yes I know most will say everything is forward looking, especially with amazon, they have their hand in everything, you name it they are involved in it...they now have a travel service, which we all know is a completely saturated market, PCLN is only trading above $1000 a share...aside from that I do like amazon, I think they are an awesome company...I like how innovative they are and the way they keep ideas coming, however with years of earnings and sales decline I don't know how this stock trades where it does.... Amazon loses 12 cents per share, in line with estimates Updated Moments AgoCNBC.com Analysts had expected the company to report a quarterly loss of 12 cents a share on $22.39 billion in revenue, according to a consensus estimate from Thomson Reuters. Amazon shares hit a 52-week high of $394.60 Tuesday after the company expanded its travel service, Amazon Destinations. The business lets users book hotels in the three metro cities—New York City, Los Angeles and Seattle—and their surrounding regions. The move is a part of Amazon's plan to further expand its product offerings and services. Earlier this week, Audi said that it would test a new service allowing drivers to have Amazon packages delivered to their car trunk, according to a NBC News report. Amazon's full-year earnings and sales growth have declined for three years straight. The Internet retailer reported sales growth of 19.52 percent for 2014, its smallest annual revenue increase since 2001.
GOOGLE MISSES on both EPS and REVENUE yet stock still higher after hours, amazing isnt it... Stock should be off about 5% on this news..... The company posted first-quarter earnings per share of $6.57, compared to $6.27 a share in the year-earlier period. Revenue for the quarter came in at $17.26 billion, against the comparable year-ago figure of $15.42 billion. Analysts had expected Google to report earnings of about $6.60 a share on $17.50 billion in revenue, according to a consensus estimate from Thomson Reuters. The stock rose more than 3.5 percent in after-hours trading immediately after the earnings figures were announced. The Internet giant said the first-quarter saw a 13 percent year-of-year gain in aggregate paid clicks. Analysts had expected a 14.8 percent gain, according to StreetAccount. Google's aggregate cost-per-clicks fell 7 percent year-over-year, the company said, while the StreetAccount consensus had only expected a 1.9 percent decline. The company pointed in part to currency exchange, saying in its earnings release that revenue grew "a healthy" 17 percent from a the year-ago period excluding the net impact of foreign exchange. With currency taken into account, that revenue growth was only 12 percent year-over-year. Capital expenditure for the first-quarter came in at $2.93 billion—analysts had expected $2.49 billion, according to StreetAccount. Earlier this week, the tech giant announced the launch of a new wireless service that will enable customers to pay only for the data they use and use Wi-Fi networks to curb data use and keep phone bills low. The service, Google's first entry into the wireless industry, will work only on the company's Nexus 6 phones and will be hosted through Sprint and T-Mobile's networks, Google said in a statement. Read MoreYikes! What I learned from my Google search history The phones will also be able to switch between the two networks, depending on which signal is stronger. The network, called Project Fi, will cost $20 a month plus $10 per gigabyte of data used. Google is also planning to expand its Google Fiber Internet service, which could have implications for businesses across the country. —Reuters contributed to this report.