High tech cars are dangerous toys. They easily catch fire and will kill passengers almost instantly if drivers lose control and hit a light pole or a tree. Better just buy a regular Honda, Toyota or Ford. Slower but safe.
Sentiment: Strong Sell
It is a Porsche, not a Tesla. But normal cars won't burst into flame and instantly killed the passengers when the drivers lost control and crashed into a light pole or a tree. People better just buy a Honda, Toyota or Ford if they value their lives.
Sentiment: Strong Sell
Breaking news. Europe is prepared to lower interest rate to historical -0.1%. Because the majority of people still don't want to buy stocks so central bankers will eat people's principals 0.1% at a time if people will sit their deposit on saving accounts. Is this a good news for stock market? People are forced to buy stocks and the new fresh money is coming in.
All social network stocks are bleeding. In a broader inspection, all momo stocks are losing momentum. After a good run, now traders are only willing to hold companies with earnings and low P/E. The only exception is AMZN but you have to believe Bezos is the next Steve Jobs.
From the chart, I see tomorrow trading range $49.50 to $50.25. Very narrow trading range until we see if Twitter is a success or not. Will be quiet for at least a week.
The day is not over yet. Maybe just before midnight, there will be China Mobile announcement.
But no life cap means the insurance companies will go bankrupcy or charge much more on healthy people. No life cap is wonderful news for very sick people but it is terrible for healthy people. Hospitals and insurance companies oppose Obama care from the start because they know better. The cost will make it impossible to last long unless we keep printing money and increase goverment spending cap. But Democrats are genius. They want to build a Utopia.
For example, I know many cancer patients who are almost up to life cap are eager to see Obama care in full operation. They think the government have unlimited resources. This is their lifeline after they used up their life savings. But death is God's most wonderful invention and gift to humans. My grandma had cancer. After spending half a million dollars on hospital bills, she told us stop. She told us it is a waste of money, she would rather give the money left to us. But now Obama care will let very sick people keep going. Because everyone think governent's money is free money but it is not.
Democrats need to learn to let some people die. It is cruel but it is the reality that we don't have the resources to keep everyone alive and happy.
I also know there is no free lunch under the sun. At least Plan A will lasts almost forever. As I said, plan B looks great on the paper but it won't last long because the government can't and won't balance what it takes in and pays out.
Obama wants you to believe plan B exists. He could be right very likely, but only for the first hurdreds who make the claim. Then the insurance companies will go bankrupcy. The poor will attack the system. The scammers will attack the system. Since this is government operation, looters will succeed because the government don't watch the bottom line and lets everyone loot.
If weekly at the money calls and puts are priced at $20, then AAPL will not move beyond $506 and $546. Before you buy weekly options, you need to know you won't make any money unless a Black Swan event just happened. But it is like predicting when and where an earthlink will take place.
Once NFLX get close to $300, Icahn will dump the remaining 1/2 shares at once. That should drop NFLX to $250 in hours. We only have $12 cushion now.