Why the 12-month high of .31 may not be enough to contain REVI after the latest news drop. The company confirms entry into the multi-billion dollar cannabis space
Stock prices are a function of expectations. The range of expectations and their relative weight in determining a stock price is infinite, from panic, to all sorts of reasonings and combinations thereof, to plain optimism, and with a healthy dose of noise on top. And you want an advice on the correlation of financials with the 10-year in a 3-month timeframe?
Its a fact. PEs are now as high, when you adjust for huge Govern. Deficits creating phony demand now (vs. 1987) actually PEs now are HIGHER
old saying: SELL THE NEWS. Meantime, 1/3rd of the Alibaba shares sold the moneys going NOT to the company, but to SELLING INSIDERS selling their cheap shares bought for pennies on dollar.
It just seems to be too easy to be constantly long this market!! I see extreme exuberance in the market now!! Alibaba talk like it`s worth TRILLIONS of dollars gets me nervous!!
3 months ago the 10 year was at 3%.
since then the 10 year is currently at 2.58% and financial stocks are up about 9%.
How come when the 10 year was at 3% the financials did not move up?
If the 10 year trends down will financials continue to perform like this?
I appreaciate any advice......
MS is up 22% + YOY plus the dividend I like the trading pattern, personally
Be careful of this highly Hyped IPO. They keep jacking up the price. Are you aware that much of the money raised is not even going to the Company, but to Selling VCs and Early Investors, many who paid 1 cent or 10 cents on the dollar for cheap stock (vs. the IPO price the Public is being taken for?). Plus 6 months out the INSIDERs LOCKUP AGREEMENT ENDS, they can all start selling their Cheap Stock they bought many at 1/10th the IPO price. So it won't matter to them if it plunges 50% like Facebook also did, 6 months out.
the share price remains the same.Goes up during trading hours but after the close or before the open previous day gains are wiped out while the market is closed. WhatFK kind of trading games are these.
Why the launch of hemp oil based CannaRush energy chews could be the big product turnaround for tripe-zero play APRU and why traders need to pay attention now
EV looks like a good stock to ride the S&P 500 to 3,000. Money Managers should do exceptionally well.
BEN, TROW, EV - a few shares in a ROTH Ira may provide a very nice surprise in 14-15 years.
MS might not be too bad either.
If you are in this stock,you have to understand that it has a lot to get over before it will make any big move.
If you can not wait,,probably best to move on.