Yes I would because aside from the market, i do have a job and make decent pay to be able to afford things like a cell phone. My market money is play cash that if it burns tomorrow, I move on and continue living my life.
Now she says that since the Chinese Stock Market is going down, that less Chinese people will buy new iPhones. LMAO, is she even thinking of what she is saying before she speaks? There are hundreds of millions of people in the US and all over the world that have never invested a penny in the stock market but those people buy iPhones and upgrade all the time.
Now Wall Street has nothing else to talk about except for the Taylor Swift thing. Wow, really people? The story is like hours overdone already. Saying that Apple management is weak, that Apple got their butt kicked by Swift. That Swift over powered Apple. Please people, Apple did not give in to Swift nor did they get manhandled. They simply don't care and figured they would avoid the headache. The cost to Apple is practically a drop in the bucket. Move on and lets talk about something else.
Yes, I was. Not bad for an amateur. Markets are starting to get a bit risky now. You can tell by the way we've traded this month and the mixed signals the Pros are giving. I think we need to be extra careful because I can see the signals flashing in front of me. I've seen this movie one too many times before. Just use caution when trading. If you are going to go long, you may want to buy some protection and don't buy all at once, it's best to average down. Goodluck
Ofcourse anything can happen Zbuzz1970. If I could predict what stocks will do, well then I would not be on this board. All I said was that the chart looked better than it had looked 3 weeks ago. The markets, Yellen, Europe, Greece etc, all will continue to affect stocks and it looks like investors are scared of the above reasons and therefor we will be stuck unless some positive catalyst changes things.
Several weeks of sideways nothing with low volume and more sellers. Chart looking like tomorrow begins an uptrend back to $160ish. The overall markets will of course have some impact however, I still think we trend higher beginning tomorrow.
During the last 2 weeks we have been trading in a range of 153-157. Volume has been anemic except for Monday which I believe we traded around 6 million shares just slightly above the average. We need something to get us out of this range and breakout to the highs. Biotechs and BigPharma is doing great right now but it seems as if AMGN is slacking behind.
Does anyone know what type of Stock Buy Back program AMGN has in place? Because that would surely help.
There was no reason for the sell off yesterday and today. Remember this stock trades at very low volumes and any bid/ask separation will cause the stock price to move either up or down in wild swings. The majority of float is owned by institutions and funds alike. They do not want the stock price to go any lower and will support it tomorrow. Tomorrow we should have a larger volume trading day. Probably 5-7 million shares.
If the FDA approved the REGN/SNY drug then I dont see why AMGN would not also be approved tomorrow. The two drugs I believe are basically identical and for the same disease. I think it will be approved and AMGN should move back up to last week's range of $157-$160
Let's see... First of all if you are comparing the companies I would by far have to put AMGN at the top, Gilead second and Celgene third but just because you have CELG on the list. I would far prefer BIIB or even a Teva.
As far as a stock comparison, I would say that Gilead has a larger range to trade in in a short period of time, meaning that you can make big swing trades up and down where as with AMGN you will probably have to hold for longer period of time and the swings will be less aggressive or volatile.
For this reason, I hold both AMGN and GILD. But I also watch the ranges and GILD is almost at the 52 week high which if it does not breech, GILD could tumble all the way back down to 100. AMGN is pretty safe no matter what happens. The pipeline of AMGN is amazing and getting better each and every quarter. Gilead has a boat load of cash which could help the share price if they deploy it on aggressive buybacks.
If AMGN has any positive news come out, it could bust out and head north to the high.
I predict that this week we begin to bounce a bit off of this $36 print. Hopefully volume picks up and the sellers were all shaken out. With Costello on board, who knows what could happen but one must be prepared and be a holder of TWTR for when the day Costello is replaced this tweetie bird will fly high again. Near term trade back to $50
Sentiment: Strong Buy
Would love to see the headlines one morning saying that Costello has been replaced and TWTR gets back up to the all time high. Either that or a buyout. I'm sure someone is interested in it at these prices.