Won't pass.....But another bill will pass both houses if the GOP takes the Senate.....One to lower corporate taxes. And the pressure for Obama to sign it will be great. Companies that make alot of money would like this. Hey....Apple makes alot of money. :-)
Because there's a bunch of dumb ace criminals on Wall Street that have big oversized supercomputers.
These "experts" are expert at nothing more than reading the wind direction. They know how to manipulate up and down and when it is profitable short term to do which. That is why if you are a long term investor you MUST know how to value your stock and what it is really worth, otherwise you are easy prey.
I personally am caught in a somewhat untimely situation where I must sell a small part of my position in the next week or 2. I know what I feel I should get(110) but I don't have the luxury of waiting a long time for the market to give me what I feel my stock is worth.
6 months from now 110 will be well in the rear view mirror IMHO.
Because a lot of hype was built in all the stock prices involved. Shorters beware when smoke clears and earnings come around from i phone sales KaaaaaaaBoooooooM ! Brokers love for the faint of heart to lower prices and then rep ump the stock with real #;s
Talking heads, hedge fund managers, paid analyts, et etc...
Life moves on. Warren B. does not pump shiat. He just looks at the cheapest long term stocks and buy on the dips.. He knows no BABA, GOOGL, TSLA and TWTR...But over time, he becomes the richest man..
So trade your pump and play your luck...
that why I like BABA so much, give me hope that funny looking Chinese kid posting in Mama basement for 17 year will be rich some day
Tale of 2 stocks this week: AMZN = NO profits, NO dividends, NO buybacks, stock above $300; smartphone reduced to firesale price of $0.99
AAPL = rising profits, nice dividend, huge buybacks, stock barely above $100 - long lines reported to buy millions of premium priced smart phones.
AAPL = per chance to study AMZN's playbook may be a profitable investigation by the splendid Cook @ Co?
Sentiment: Strong Buy
Today, we may talk about BABA, FB and that.. Some other day, we will talk 3D or cloud computing.. Whatever..
Fvkamentals eventually takes over.