Knowing market's intent is lot more important than speculating on short term price fluctuation. S@P500,the world stock market leader in this secular cycle and intends to provide about 10% gain for this year. How this will come about is anybody's guess but all you need to know is that geopolitical events are used as a tool to get there.
We are in market's environment where the most extreme price drops do not exceed 20% and there are rare occurrence. Once every few years. The longest period of price appreciation with modest corrections happened in 1987-1998.
ALU will have outperformed broad market by the end of this secular trend by wide margin but currently is in consolidation stage gathering strength for next stage of bull run.
Bullish as we speak but reseve right to change opinion at any time.My objective is to be neutral all the time but it is impossible when your money is on the line so what i do is to reverse thinking as soon as i take position-long or short.With YOD i'm looking from bearish angle since i'm long and hope to see early warning signs.
Does it make sense?
Too early to say but i have confidence VG will challenge all time high in this secular bull cycle/$5.4/ some time later this year after consolidation period is over.On the other hand i suspect S@P500 to test 2000 top at least one more time.
As far as news is concern it may come as good,bad or neutral and there is no way to see how share price responds since VG has been relatively strong in 2014 and as we know periods of relative strenght or weakness are unpredictable in duration.
Thanks for kind words but i'm constant humble learner and as such do not want nor deserve to be labeled.
I do not even know who i am as far as my investing interest/hobby/addiction but i'm sure i'm not daytrader.
Funny thing is how did this happen since YOD is arquably one of best daytrading stocks in the market universe.
The best to describe my personality is stock market philosopher so i do not know how helpful my insight can be for swing or day trading group of individuals but i will participate just for the sake of curiousity.
You missing the point.There is no such thing as monopoly especially in tech sector.Netflix has competition.YOD may or may not take advantage of being the first licensed service provider therefore i'm accumulating with an eye on fundamental developments.
If you want sure bet put your money in money market.
And another thing.Look at incredibly high ratio of average daily trading volume v/v total float. That implies major interest.High interest=high pps volatility. YOD is dream stock for small speculator.
Vg seems to be in consolidation phase after 50% pps jump.No stock goes up or down in straight line.
I like what i see.
I hope Pac has not drowned in his permabull entuziasm but it is definately relief from continous insanity this board has been subjected to.
Keep dreaming Jeff,but make sure you don't quit full time job.Mr.Market depends on your high expectations illusion.
Most likely they are in pain watching train leaving station. Like everybody else they sold at loss so you can only imagine their level of despair at $50 or $100.
Positive analyst coverage is usualy good thing but since I do not trust their motives confirmation of technical picture adds more value to the analysis. Based on that 10 day average trading volume is about 50% higher than 3 month and pps is going up.That's all I need to know at this point.
Peace to everybody
"I agree with halftothepoorhouse that the trend is down"
I'm pretty convinced by now that both of you bought high and sold low so your epam /emotional pain avoidance mechanism/ has kicked in.
Trust me you are not alone. I suggest "Trading in the Zone" by Mark Douglas as a proper medicine for your brain. Even if you don't get it my hope is that at least you will learn about reason why most traders see things upside down.
"Trend is down".
All stocks go up and down every day. It is called fluctuation. Even children can see the long and intermediate trend up. The short trend is the only one in question but there is no confirmation yet.
I do not know why people make such ridiculous statements. Assuming they truly believe in what they are saying it is not difficult to understand why they become permanent losers in this game.
Even if you present FACTS they ignore them. So obvious conclusion is that they are either blind, unconscious or insane.
Only other possibility is that they are dishonest and attempt to influence others in order to take advantage.
So Mr.Onages is expecting share price to go up from here "For the first time in years I am impressed with the way the stock held up todaygoing up."
He might be right or he might be wrong.
I know one thing, another positive fundamental catalyst is unlikely to affect pps for another 3 months.Lot can happen within such long time.
Even though I believe that this year S@P500 is going to appreciate about 10% there is a probability of testing and maybe retesting 2000 top again.
Last sentence on the topic.Having expectations for what market is suppose to deliver is creating potentially destructive mental environment of disappointment and suffering.As a consequence the best you can expect is confusion or misinterpretation of market signals and making wrong decision.
Try to replace expectations with opend mind and curiosity because only one trader out there somewhere in the world is capable to upset your expectations.
I understand this is not proper forum to get brutaly honest about ourselfs so let me make suggestion before we quit this uncomfortable topic.I'm sure you are familiar with fundamental and technical analysis but there is another one called mental.Only top treaders know what I'm talking about.
Just trying to help you help yourself.
Have peace and joy.