A very, very long L...... Retail has not blown, at least according to the large prime brokers that should know a bit. They said most institutions got fairly flat relatively early but also were expecting them to start reloading once the quarter was over. What's a little weird though is that I can't find a bull anywhere
Uh ohhhh No one has even begun to factor in the collapse in earnings that will be appearing in the nezt 2 years. That alone is going to drop forecasts to levels we haven't seen in years..the s$p was looking at $160 in earnings, do you have any idea what the number is gling to be ? Not even the analysts know and because of that i don't see how anyone could possibly think markets are not done collapsing!! Guess this guy is for the letter M https://www.cnbc.com/2020/04/14/mark-mobius-on-markets-bottom-investing-coronavirus.html
speaking of letter recoveries looks like TSLA did a V almost up 100% in the last month. I will be shorting this happily in a few more days once it gets past $800, if it does get there of course.
"What we can safely forecast is that there will be waves of optimism and pessimism along the way, with extremes of buying and selling, that will create meaningful trading opportunity." That's very well put IMO. https://traderfeed.blogspot.com/2020/04/
Hmmmmmm Is that even possible?? The markets implying zero risk!!! IMF says the world will ‘very likely’ experience worst recession since the 1930s PUBLISHED TUE, APR 14 20208:30 AM EDTUPDATED 17 MIN AGO https://www.cnbc.com/2020/04/14/imf-global-economy-to-contract-by-3percent-due-to-coronavirus.html
Tsla,apple,nflx,amzn and on and on. Its like the decline never happened . $7 trillion of cap readded the past 3 weeks.
Nope, like it never existed. Amazon is up because of the buying everyone is doing from sitting at home with nothing to do. Tsla I'm waiting until after earnings to short. Nflx up because once again, nothing to do but stream stream stream Apple well thats just rallying on the curtails of the other techs since, iphone sales plummeted but no worries its Apple and Apple only goes up