I think I will go buy that Escalade that I always wanted, since oil will always drop in price, and gasoline will never reach $4.00/gallon again. I will buy a truck like all of the other millions of folks in US, since oil prices are to stay low forever and there will never be another crisis in the Middle East. And, I know that Iran is going to remain quite obedient so that it might flood the world with its oil for decades. And, Israel will be forever content with Iran sanctions no longer limiting Irans financial prowess. We may always depend on Arabs to pump out as much oil as they possibly are able. And, those fancy off shore drillers will manage to squeak out profits no matter what oil is worth per barrel, and will guarantee that oil prices will drift lower and lower.
78. But will have shot up to 95 before gradually drifting back to 78. I will start buying my shares back when breaks 80 on the way back down.
dojo is martial arts training facility.
doji = type of candle stick tech analysis, example
Dragonfly: The long lower shadow suggests that the direction of the trend may be nearing a major turning point. It is formed when the opening and closing price of the underlying asset are equal and occur at the high of the day.
Let's see. Had great earning's last quarter, and rocketed higher from same level where BABA trades now. AMZN blows out this quarter, and BABA is the AMZN of ASIA. BABA has been in a slump nearly all year because of unproven doubts about China economy. China government is taking drastic measures to support stock market. My money would be on BABA launching off like a rocket, and changing the game for investing in Asia large cap equities.
Yea. I can never seem to get in on the ones that fly. I recall a while back buying a call option the day GOOGL was to announce earnings. I was going to set up a long strangle. I was hoping to get a good price on the put, to complete the spread thinking GOOG would trend higher with earnings to be released AH. About a minute after I bought the call, there was an earnings leak, and it was a miss. The call that I spent over $300 was nearly worthless, instantly. True story.
Right about that! I regret selling my shares. The dividend hit my account Thurs night, and all I can think about is how I wish I had held my position. If gets back to mid 13's, I will get back in.
Hard to say what might happen. I could not believe all the folks interviewed on CNBC singing praise for FB, and even with good earnings fell, and continues to fall despite cheers from everybody. BABA seems out of favor now despite at low end of trade range and great earnings last quarter. Stock goes down even when China market and BIDU up. Odd behavior approaching earnings. I believe will take off sometime next week. But, never know how macroeconomics might alter course. I only have 300 shares. I will double up if drops under 70, Otherwise will hold my 300 shares until BABA gets back above 100.
Then why buy at 7ish. Or is your crystal ball saying 7ish is the bottom. Why not wait 'til 5ish. I just love the insight shared on the yahoo boards.
I am not sure if this will boost OIL's PPS. Will keep oil production at extremely high levels. What we really need is for Yellen to come off her high horse, and do what is right, and not just what she wants to do. There is no inflation. We don't need to come off zero rates yet. We should keep focused on recovery, and wait until we truly have evidence that the economy is getting solidly better, and world not collapsing around us, before worrying about raising rates.
Today. However, close look at charts. Was trading near all time low just prior to last earnings release. Soared to mid 80's, then up to mid 90's. This is a screaming buy in 70's. I will be adding to positions at this level. STRONG BUY --- EASY MONEY !!!
As soon as Zuckerberg spoke after earnings release, Facebook tanked. Jack Ma will be well aware of how every word is being measured this quarter. Even beating estimates is not enough to matter. Any excuse to knock a stock down is being used. So careful choice of words during conference call and post earnings interviews is very important right now. What CEO's say makes a difference this time around.
Ok by me. Though I am net long, my put will serve me well and I will take profit on that, and hold my long stock positions for the long haul. Nothing like adding protection before earnings, never know what the outcome will be, but a net win over the long haul if you stay long in a solid performing stock and throw that protection in right before highly volatile events, like earnings.
Jack Ma will have plenty of time to prepare well for earnings announcement in mid Aug. He will have all the insight from FB, BIDU, Appl, Goog and AMZN to know what to say or avoid saying after earnings reported. He will certainly want to do all that he can to support BABA stock given that it continues to trade at lower trading range despite great earnings last quarter. Expect pristine conference call, etc. Will not be a Zuckerberg moment!
THE WALL STREET JOURNAL GET EMAIL ALERTS
Saudi Arabia to trim oil production after summer
Published: July 29, 2015 4:45 p.m. ET
102 put is deep in the money, will not go to zero. Maybe double if FB keeps falling!
Doubt will break $100 by market open. That is why I bought the 102 strike put. I knew that that would not get taken out. Everyone thought would break 100 after earnings release. Greedy sheep get slaughtered. I believe will open higher Thurs, but will not get near $100.
yeah right. I bet you had to take a shower after #$%$ on self when earnings 1st announced. Now that you are all cleaned up congrats! Sell your calls or set up a bull call spread and enjoy your weekend.