Yes and all your prediction were wrong. Hopefully no one made any trades based on your "predictions." Amazon will move at least $200-$300 after the close WRONG +18.35 Apple will move at least $20 WRONG +4.60 Facebook about 15-$20 WRONG +1.21 Google about $100-150 WRONG -.29 Aren't these chat groups great?
This isn't a chat group. This is a bulletin board/FORUM. I don't normally need to come to someone's defense, but in this case... That's a 50% win rate. I couldn't do better. He just needs to get off his fed fetish. lol!
Don't think you understood, it was after market action on earning results. 2 out of 4 right. Almost came close on amazon. Was up nearly 200 at one point. So 2 and 3/4 out 4
Thanks....however amazon came close to $200! I'm giving my self 3/4 credit on that one So 2 and 3/4 out of 4
Most likely you will see better GDP and employment numbers in Q3/4 but this wont translate into revenue growth for the FAANGS which are carrying this market. Gold will begin reverting to its mean at circa 1700 and US equities will see a correction.
Gdp can only improve from here going out the next few years unless there is another total lock down which we already know is not going to happen again. Unemployment as well will come down eventually into high single digits sometime in the first half of 2021 now can the same high flying tech stocks continue to run and run? According to most the answer is yes but we all know what happens in the very most popular crowded trades. These runs do not ask forever, it feels like forever as it's taking place since day in and day out they are literally the only drivers of the market. These same stocks carrying the markets will eventually run out of breath, law of large numbers will eventually rain down on them as there is no way these solid gains can continue the way they have. Look back at the biggest names that used to carry markets higher, they no longer exist or have been totally forgotten. Same will happen to these stocks as years and decades pass.