Go to SA site and read latest article on BIDU. Mobile in china is so important for growth and QIHU is best at this. They manipulated to pull QIHU from $125 on that great ER while BIDI hit all time high. QIHU has small float and can be manipulated easily. Will go higher..much higher. Be patient. Fundamental support this. Remember target $165.
Fred, link did nor work so please go to yahoo finance front page or marketwatch or Google and search for ..Birinyi tile "This is not an ordinary, common, typical or normal bull market".
If link does not work, please go to Yahoo finance front page or Market watch and search for Biriinyi..yahoo does not allow links..let's try
Thank you Fed. I' m glad that you enjoyed the holiday. I visited Canada twice and love the Bush Garden.
Regarding china, I also see it bottoming . China is very competitive and they do not want to see other stock markets keep hitting all time high. I like the confidence in QUNR CEO, the mobil growth will be 50% by year end from 36%. Mobile growth is so important for china because as we can see. People are packed on buses, streets. Their transportation is poor so mobil is the way to go. CNBC showed a scene in china last week that people on the busses standing using their cell phones.
More people will come to to china for opportunities, see AAPL TSLA FB CAT, name them because of billions people will have money to consume products..so more travel..
Ecommerce Internet travel..sectors for huge growth.
Please read Briziny prediction. I have been following him for over 10 years, he predicts the market very well. Last Thursday AH, he changed his target for S&P from 1970 to 2100 by year end. Since it hit 1970. I will post link..
Yes I know the person who gave me the red thumbs!!!
The charts predict the news, not other way around????? Are you serious??
Good good ER can change the chart in a blink of an eye.
A buy out news can change the charts in.....1/1000000000 of a blink of an eye.
How many time the TA gurus said ..oh no oh no..SPY just went below ma-50? So it got to go to ma-200?
Oh no. No, NASDAQ H&S, big ones, especially weekly charts...
Where do charts come from?? A collection of data AFTER the trade transactions..AFTER AFTER AFTER!
Yes charts are very helpful an good tools but to say charts PREDICT the news is not accurate at all.
At the end of the day, when we buy a stock, we buy a business. It grows, stock grows. Short term volatility can easily be manipulated buy traders, short sellers for small float stocks. See AAPL, they can not be manipulated easily. See the float. can the manipulate GOOGL?
Good luck to all!
Fred, hope you had a great 4th of July .
I believe in investing in china as you know, for a long time. BIDU VIPS QIHU YY CTRP (out now, have been trading).
Ecommerce , Internet and travel sectors will continue to grow for years to come.
I see potential in JD JMEI (read the latest, impressed with management ).
QUNR dropped is unjustified. Traders wait fit above $30 fir b/o. Investing in Chinese stocks is easier than jump in&out too often and because they are extremely volatile. One morning can jump $5 $6. I like to focus on FA. Like BIDU, it can run because of good FA. Same with VIPS. Who said that QUNR is not a buy out target. BIDU leadership is one of the best!
Others with good potentials..WUBA WBAI ATHM CCIH.
What is your target for QUNR. You did a great job at predicting BIDU. $204 is my target, of douse depends on strength of market. BIDU did so well lately even on weak days.
Thank you as always.
Exactly, because you have confidence in VIPS will go up. So you still need to find a GOOD stock. If you do not have a good stock and with those calls and with decade, you can loose tons.
Buffett is rich rich...we all know. Does he know a chart, no!! He said that. So to say to build wealth YOU TRADE is so narrow minded.
What wealth for one person is different than wealth for the next one. What does it take to build wealth. Is a person happy while building wealth????
How about your capital gains, etc.
It is a complex matter so I will stop here...
I really believe we can do both but day trading is not for everyone. You are one of few. When we invest in longterm we need to do homework and plan to change our strategies. So to say that giovanie is stupid is unfair.
I know some people who lost everything from day trading. They learned and worked hard but could not make it, so sad.
We are all different . What works for one, may not work for others.
Thank you for your post. I have a core holding of VIPS since about $35 and do swing trade some. I do believe in china eCommerce, Internet .
Invested in IEP years ago, not doing well this year.
I totally agree. I bought one stock and helped paid off my house years ago, sold 4500 shares when it went up about 50% from ipo time. I still own many shares. Those shares now up about 800% more since I sold that batch.
I used to day trade and scalping 300 shares of BIDU AAPL PCLN many times daily. I had 5 screens in front of me. Now I have an iPad to post and one screen. Spend more time to do research, post to help/exchange ideas.
Scaling is not the way to get rich. We can win one big day and loose another day. Sounds simple but very stressful...Most importantly is we Forgot to MANAGE our bottom lines...Including non-equity assets.
I sold AAPL at $78 and kept trading. Well, much stress to hold. GOOGL is my longterm hold because I can not live without GOOG. I invest now in alternative energy solar, TSLA. Also in 3D. Always diversify and not all in one basket.
Thank you for sharing.
Like you, I still day trade, swing trade some, but ONLY some.
PEG for VIPS is still extremely low about .45, read SA report, they did a great job at put down all the details..way undervalued..
Grammiepeg, congratulation! I totally agree with you. We have to live with our decisions but it is good to learn from people like you. But, there people who loves to gamble and work at 71. I know one but he does not care. So that is what I mean by...begin with end in mind..
IF IF IF he believes in XONE. I DO NOT recommend any stocks. Depends on his own plan, strategy. Proud of myself and NEVER shamed of myself. You should because you LOVE to push people down when they are trying to be helpful. YOU SHOULD BE ASHAMED OF YOURSELF!!!!!
Too bad, why do I waste my time to repond to you..hope you learn a thing or two in life and change to be a better contributor to the society...
IGNORE for sure..this rime.