Investors today are morons and derelicts.
Meaning what? You think it's ridiculous MSFT gapped up because Ballmer is finally retiring? What's ridiculous about that? The consensus of informed opinion is that Ballmer is a terrible CEO. The gap up is an expression of that opinion.
heavy trading...up over 2 bucks..whats not to like...now if Cook would announce his good bye...aaaaahhh the rush
Derelicts with deep pockets, you had better cover first thing Monday morning.
If you watch the volume there are few new investors trading into or out of this market. Watch CMG, AMZN, NFLX if you think this is ridiculous.
NFLX rises 5% on the week on the idea they may get some new content IN TWO YEARS? Well that would be fine if NFLX wasn't priced 10 years into a perfect future to begin with.
Hedgies playing games, not a one of them would be pumping those balloons if they were forced to hold for two days.
Very few investors left in the market....mostly just speculators.
I disagree there are still many people that like to hold & reinvest or collect the dividend,only traders or speculators(one in the same) give that illusion.
Days like yesterday is what I wait for .... sell calls or buy put spreads. Either way .. its a good way to make money
Shareholders are richer. No rhyme, no reason, but richer at least temp.