Cashbar, you bring up many very salient points here.
The timing of the Saudi "announcement" is highly suspicious. It happens within minutes of us breaching crucial S&P and DOW support levels. Why? Because the Saudis don't want us and then the rest of the world collapsing into a recession, or oil will fall even more; so, this was a tactic to pull our market back up, with no intention of reducing crude output. And, this is the belief of many financial figures who spoke after this happened.
But, as the fools in the market will be, they went into a buying frenzy and pushed stock prices back up, which pushed the indices up.
Of particular note is Carter Worth's charts today on Fast Money. This guy is bright and knows his stuff. He and Brian Kelly are the smartest, as they see a major correction or worse coming.
Then, on Monday, China will be back from their holiday week, and will be reporting more figures.
Remember, Sweden went to negative interest rates last night, and others are considering the same. Japan has already done so. None of this forebodes well; it is indicative of a global collapse.
I wish with my whole being that I had listened to Brian Kelly's warning 2 or 3 weeks ago -- go into cash tomorrow. If I had done so, the hundreds of thousands I have lost since then, would not have been lost.
Would you suggest holding on until $39, and how did you determine that point? The lowest candlestick in the past year is on 8/24/15, and that close was 37.62, so I don't think that's where you're determining 39.00 from. Can you explain?
More likely is that it has a 12.6% short interest, and that is what is driving it up. It has its own financial issues though not to the extent of EXPE. I took an extensive look at EXPE in AH's yesterday, and the swings were beyond anything I have ever seen - from $88 to $111. Does that make any sense on a company that missed? Only if you consider EXPE short interest is 9%. Caveat emptor.
NO, your tiny comment is that is total rubbish. WWAV's report was a very mild beat, but most important, they gave DOWNSIDE GUIDANCE. Do you know what that is, braino?
One only needs look at the short interest in the stock (always 2-4 wks. old) is 5.61% on Etrade. Apparently your brain is incapable of adding 2+2, and realizing the stock is up because shorts need to cover. dog_warrior knows what he is saying.
I've read all the arguments and articles, particularly on SA, that AAL has high debtm, and that Buybacks do NOT benefit the shareholder, as they do not reduce the debt, but simply are an attempt to push the share price up. And that the buyback money should be used to buy back their DEBT, which they don't do. Add to this that Airlines and Autos are considered by some as the worst sectors to be in (perhaps worse than oil). Your thoughts?
It was hardly thin. Look at the few examples I gave above. Looking through the long Time & Sales tape I had running the whole time, I can vouch the volume was NOT thin.
I've NEVER seen the wild, large swings in an AH earnings report like this one in EXPE. Unfortunately, I started dozing off after 4:10pm Eastern. But, I just spent time scrolling through the AH prices and times. Here are my results, There were too many to write down, or I'd be here all night, so it is far from comprehensive, but it gives you the idea. Note the changes with one minute, & the minutes that follow as well. Unbelievable!
4:37pm: 102.00, 104.50, 105.00 (ALL in ONE min.)
4:39pm: 104.00, 101.00
4:40pm: 103.80, 105.00, 106.00
4:52pm: 108.00 ($7 in 5 minutes?)
4:57pm: 108.00, 108.90, 109.00
I gave up after this. I guess you could have made the most money if you put in a sell price of $110, and simply waited. But, how would anyone know what figure to pick without a crystal ball?
I would change it to "smart" moron egomaniacs. They don't back down but continue to force their sicknesses upon the public, as it feeds their obsessive, power-drunk egos, and, in this case, wild leftist mentalities.
And you're a potty-mouthed, nasty sow, and have proved yourself to be by your endless confrontative and nasty posts. Zuckerberg is a leftist, and it's true that he bows down to China and other totalitarian dictatorship countries. His brain may be sharp in his business, but is skewed in its political leanings.
Your points are the ill made ones. Like a parrot, you continue to state the same senseless non-sequitur that the part you left out supports a bullish stance for FB is patent nonsense. My posts explain this, and I'm not wasting my time repeating it. If you are not capable of correctly interrupting those comments, by YOUR quoted author, that is your problem. Let others read my posts. Your attempts to incorrectly use them as support for your case are crystal clear. Frankly, your continual LOL's simply reflect negatively on your maturity leve, or lack thereof.
One need only look to the respected financial figures of the last decade; and not the inferior writings of paid analysts and writers who pump, when we are on the brink of a major correction and possibly a recession. Too many investors are ignorant of this esteemed group, and read the trash that's written, as they want to blindly support their viewpoint of up, up, up. How many have to warn about FANG and FANG-type stocks that have already shown cracks that will only abruptly drop, as the smart investors are looking at quality stocks that have dropped, not due to fundamentals, but due to the neurosis of this market, and sector rotation.
You're the one with senseless accusations, not me. I made statements based on the facts. Using the argument that "we all know already happening (improper syntax) and just MAKE A MORE COMPELLING POINT TO BUY FACEBOOK...", and continuing to unsuccessfully suppport that with stating that the fact that FB & GOOGL are falling less than the other two FANGS, is patently ridiculous. Do you simply choose a writer of no reknown, Kathy Kristof, to support your weak and non-sensical post, when there are a BEVY of renowned analysts and figures well respected, such as El-Erian, Marc Farber, just to name 2 of many, who see a major correction and drop in the market, and a good chance of recession? No, you choose to ignore them, and use THIS article to support what you write? Sorry, you need a reality and analysis check.
Why don't you quote the negatives she said? Selective, subjective post this is. HERE:
We’re more bullish on Facebook and Alphabet than on the other two. But sentiment has turned against the entire group. And with their valuations high—in two cases, off-the-charts high—investors have sold mercilessly. Facebook and Alphabet, which both soared after delivering impressive fourth-quarter earnings reports, have sunk 14% and 10%, respectively, since their early February highs. Amazon, whose fourth-quarter results disappointed, has plunged 30% since late December. And Netflix has plummeted 34% since early December. (Prices and returns are through February 9.)
Until sentiment reverses course, the FANGs are likely to remain under pressure
You post with NOTHING to support this Baseless nonsense. Anyone can pick figures out of their hats. Admit it, that is what you WANT to happen. There is nothing to support this.
Magetz, your story just doesn't sound believable, and sounds like a pumper's post for BOX. If it is so great, the tape would show it, and the tape is deplorable. I bought this at $14, like a complete fool, and it is now $9? And that is after it finally started to gain some until Feb 4 where it reached a mediocre 11.50, and in 3 trading days it is down to $9?
And you call this upside with little risk? And you simply ignore all the downgrades and change of outlook for cloud stocks as very negative.
Bareft, I have been bashed by so many, so you have my apologies as well. I hope you and I can continue a respectful dialogue.
leeharold, you or bareft may not be in that group, but there are plenty who have. You are, however, calling what the "bears here" post as drivel, which could be interpreted as directed towards me as well. Correct me if I am wrong.
Yes, the market is down, but not the entire market. I look at the various sectors I have on watchlists, and there a number that are up, unlike Monday. Yet, FB is lower. If this doesn't indicate anything to you, nothing I can say will change that. I was highly positive on this stock, even after it burned me in the past when it was up to $110 or more. But, after having lost on the sale of it, and now continuing to lose more, I see it very differently. There are many on this board that bought at prices way below where it is at, so it is easy for them to sit on the sidelines while they wait for a recovery.
That's what Najarian just stated on CNBC. He & Terranova said what should be obvious - they are in a falling S&P market, and a general market that is bringing tech stocks down. If others can't face the truth, that's their issue.