You are freakin brave my screen is a sea of red... deff 90% down day that's two in recent days that can be what happens before a very very steep sell off.... CAUTION! WHY NOT JUST BUY SONY! It's cheaper it's going up every day it's foreign and it's got a new Playstation release this next month.... SNE-- (in all fairness I think they reported earn today) Sony Corporation (SNE) NYSE - Nasdaq Real Time Price. Currency in USD 80.31+2.84 (+3.67%)<----------------- As of 12:11PM EDT. Market open.
Alright Van you have 3 Buys) ) ) ) 1- CRSR-- Corsair Gaming Why! It's up today! Unbelievable. 2- STC-- Stewart Fin... Why? There was a buyout story today for a company that does similar stuff. Stock is slightly up. 3- Sony Those first two are natural ups no news....)))))
I know. I believe in Twilio though stoney. Granted there's dozens of stocks out there that were bloated as all get out, and to some extent this is one. But this is the BEST one. This is a good stock stoney, they are writing the future of enterprise communications. As tech stocks go, if you can get by the valuation.... this is the best one there is. All stocks pull back from time to time. This thing will be $500 in two years easy. Probably more. Assuming the world doesn't implode economically.
Most of my shiite is down hard today. Again. Except for my oil shorts (put verticals). And I have a bull spread on PTON. It's up! Fun to see a tech up, while most of the rest are down 3, 4, 5% etc...
Yeah, pretty red over here too. I had quite a bit of dry powder and bought more LUV for the IRA. I don't think it'll retest those spring lows again. Hope not. If things get worse, I think I'll double down at $36.50 on that one. No way it won't survive. There'll be huge support at that level. I think today's bounce off $37.50 was smart money front-running that resistance level.
Stoney! Nasdaq down 3%, ditto the the S&P.... ... but take a look at my beloved Twilio. She just took out $287 and went green! Gummies on the house!
There's $290. And up 1.3% over yesterday's close. And look at that volume. Strong stocks on horrible days stoney.
Anastassia dropped this off at my desk yesterday as she long jumped through-- Twilio weakness a buying opportunity, says Cowen 07:30 TWLO Cowen analyst J. Derrick Wood noted Twilio reported very strong Q3 results and well above the Street's estimates. He believes guidance is very conservative as comps are easy and there is no reason for momentum to slow. As a result, he said he would add to positions on any pullback. Wood reiterated his Outperform rating and $375 price target on Twilio shares.