Stories don't buy stocks in the market, people buy stocks (or) sell stocks; today they are selling. lesson one, don't buy stocks in a down market.
Starbucks stock is an over over-hyped story about a man who started a coffee store, nothing more. it's a nice story, but stories don't buy stock in the market. People buy stocks and people sell stocks. Today they are selling stocks.
Investing = "PATIENCE" . Real opportunities come once in 5 to 10 years. The media and all the over-hype on CNBC and other shows, try to time every 1-second move in every stock in the market. It's like watching a bunch of hyper dogs chasing their tails. They make ZERO gains in the stock market. They're a shoveler of yesterday's news. When have you see Cramer on Mad Money predict an investable buying opportunity? He makes his living talking selling you on a stock story. Problem is, noone makes money on stories but Cramer. Stories don't buy shares in XYZ stock. People do. Right now, people are net sellers of stocks after a monster record run in the stock market. TIME FOR A PAUSE.
I repeat: Sell until mid March, 2016; then buy. George Soros will no doubt, circle back to this name after taking his profits from today's pop. Sure thing!
Eventually, ISRG will be a monster buy with 30 P/E X 2016 Earnings of $26/sh = $750. But, just wait and sit on your hands or sell into Q1 reults later in Q1. After that, ISRG should be clear for upside sailing to $1,000/ share going into 2017. With new product launches whispered today among the smart money, we see the new product launches driving top and bottom line result momentum into mid-year 2016. But again, sell today and buy in about 2 to 6 weeks in anticipation of a surprise beat in Q1 due to the volume of procedures picking up in the early part of the new year, which is human nature. New year; New start! Have those surgeries taken care of before summertime.
WE SHORTED AT $559.00/SHARE
Well, there's the pop on Soros and the So-So news tonight; now comes the give back and slow drift lower in days ahead.. Liquidity in the markets worldwide is in a vaccum.
It appears the U.S. has now started dipping into the early stage of a recession; will take time to see how deep it will be this time. It's not China, people, it's U.S. weakness.
Buyback's to make G. Soros happy; more cash burn into the continued decline for the price of oil ; SLB is in the oil business
Can anyone say nose bleed from the elevation?
I bought some at $12 back in the recession. Why buy today after a gargantuate run?
Soros bought a small position in ISRG. Should see a pop on earnings news today, then a slow decline thereafter
Earnings have been horrible and the forcasts have been horable-er. one day has come and now we look to the fed, not the administration, for leadership. not the ideal set-up, but that's how it's gone up to today. i would only expect more of the same.
THIS IS INTERESTING TO WATCH.
Everyone's buying calls in a down market, does that sound like panic and capitulation to you? it doesn't to me.
How many 1-day bounces have we seen in the past month? i count 4 to date; 1 day bounce, 5 days down has been the trend.
When analysts and reed hastings all say this is a transition/investment year for netflix, this is your signal to sell nflx and look at it again in about one year from today. Until then, we would consider it for trading, but not holding. Buy the dips below $104 and sell the rips on the upside to $125.