I think it goes higher although it may dip hard soon but that has little to do with anything other than MOMO, options games and those behind them.
If you were able to profit 60% give or take up to this point without being part of the games than good for you for catching the ride. i like seeing retail investors making money. If you were /are part of what tech has been calling the FAP crew than it's harder to wish you well.
Sure there's MOMO here and it will probably go through 500 because the Nas and markets in general will be pushed higher. Possibly even much higher in a never ending ZIRP environment.
Keep in mind that at some point the cartel will simply be setting up bag holders.
I agree ski. The new normal is only new until the house of cards fall. The new normal is generally a fallacy. It's a BS con job.
Really it hasn't. I fully expect it to turn around soon but as I said, this move up was fully planned. Nothing surprising in their earnings.
The way this does not go back up is if the tech rally is over and i don't see that as now the call is for 6,900 being the new 5,000.
I'm not sure how much it means but the max pain levels are below here right through March expiration date. Probably doesn't mean much.
I know you're joking jd. Those premarket trades of things like that, 2 shares are a complete joke.
Algo nonsense, anything to paint the tape?
I get it. You are the new paid pumper that is trying to throw shorts off by sounding like an utter moron.
Is that about right or?
I have no position and you may not either.
It's the new normal ski in some of these growth and no profit stocks. I didn't check out how much of the free cashflow was SBC but generally it's a lot and as an added bonus shareholders here get huge amounts of dilution which never seems to matter.
I heard it all on CNBC today, i.e. inflation adjusted the Nas would need to reach 6,900 to equate to the old high when considering inflation (although someone did bring up the point that with divvy's considered it's already closer to 5,700 than 5,008 today).
The market overall is expensive but with ZIRP and ECB QE starting up some bubbles will continue to inflate for a while.
Selectively long but when the tide turns which could be shortly up to a long time from now, all will get hit most likely.
I don't doubt what you state but I do think the downgrade helped for today (no way to prove it either way) and I still think this will print new highs with the market.
Could be a one or few day event based on that downgrade. I would have preferred a renewed run-up starting today but not for going long. It's hard to get any exhaustion with this pulling back. it winds up looking more healthy.
They seem to want to keep pushing the market higher and if they are looking past 3/10/00 levels of 5048+/5132+ and onward towards 6,000 you will need plenty of these stocks to be pushed higher.
The Central Banks remain in control.
Where exactly is it that you see support? The last 2 moves up included spikes up to $67.00, not sure if that's what you're looking at?
Probably but well done.
There was nothing surprising about the earnings report, it was just set-up by forces to go up. Some of the gap will fill now and while it may go higher with the market, the only thing that I think will stop the gap from completely filling ultimately would be a crazy buyout.
Well $30.47 vs. max pain of $30.50, pretty close. Some others were close also but there were others that had no shot coming into the day because of events this week.
It's supposed to be where the most options contracts expire worthless. Quite honestly I'm not sure how good of an indicator it is, although I have seen people call Friday closes dead on or with a penny or two based on them.
Just tells you how rigged the market can be. The algos like the house making money and stick it to everyone else.
Any 1-4% down and someone from the Fed will make dovish comments.
They control the markets until they don't.
Good luck man. Is it real cash flow or somewhat artificial driven by Stock based compensation? I have no idea just something to ponder and not simply take words solely into account.
I am kind of tracking these looking for an inflection point that might be an indication a palyer in the sector could be a buy. Nothing hits me yet. If they fill up on air, i.e. hot air, I may buy puts again.
Really interested to see what XONE does and what they have to say.
The market needs some new sectors to get going with some substance and organic growth.
Also a huge gap below it.
Possible if the markets continue to ride up especially with ECB QE. The Central banks have our banks even when they are about to whizzzzz on them.
No doubt the industry has taken a beating. It was one of the first down last year and has yet to recover, however it's all based on all of these companies missing their own guidance time and again.
XONE reports in probably about 3 weeks and had orders pushed from Q3 to Q4, so their guidance for Q4 is for large Q/Q growth. If they ever meet with decent guidance that one should rocket but being that management is 0 for coming public it's hard to have much faith but we'll find out soon enough.