yes very bleak and unfortunately I didn't sell my SWKS at 100+. As I posted yesterday daily bashing articles on smartphone slowdown and cheaper models etc. SWKS is viewed as just an Apple supplier versus other things like IoT and it can't shake that perception. I blew not getting out of this
a massive fall in the markets. SWKS looks like garbage lately and I don't see it coming back. So out of favor. May just take a loss and raise more cash. This all looks very ugly. Each time China has an issue they talk about no one buying cell phones. Just won't end. What happened to SWKS at 110.
been 4 or 5 different articles by different sources I saw today. That combined with the perceived slowdown in China going to make it very hard for SWKS to et back to mid 90's let alone 100 any time soon. Until the can shake the perception that they are a one trick pony linked to Apple it's going to struggled big time. Just my opinion not trying to be negative but this is the perception out there. That said I figure NXPI should be looking better than it has because I don't think they have the same perception but I could be wrong. Sure wish I blew out when it was over 100. Not sure when I'll get that chance again.
you are right about that. This market is just full of too many things to worry about
markets have an ugly week ahead of labor day no one around then tow ugly months of Sept Oct and throw in constant China stuff and Fed and we have the makings of a good old fashioned selloff
I don't understand if you had limit orders at 77 and 78 how would you get filled at $71. Why wouldn't they fill you at 77 and 78 in the way down. Or somewhere in between. makes no sense
and they rise and fall right in line with how the averages are doing. Nothing seems to move on its own anymore. Bring back the days of hand signals
maybe a bad choice of words, longs are greedy too. I guess I meant more that they are pressing their bets the market goes not another swoon. They probably made a nice score reentry, ring the register
but who knows what the traders are doing could be option related
Over the next two weeks I see myself having a huge amount of dry powder based on selling a few more things like AVGO which I have enough shares so can let some go. I am hoping divi's playbook plays out. Next key thing is to have that buy list ready
starting to appear. Either shorts or we're back to selling pops but I figured the weak hands were out.
I agree. I know your theory on the wagons. I've been in IDTI and if I get over $20 then I may take a small loss and get out. But I sure wasn't selling at $17
I've raised a fair bit of cash and I am going to be very patient before I use it. If I get the chance fine if not then I'll hold what I have.
and didn't dismiss Sept the markets rolled over a bit. It's a 1/4 point. If the world can't handle that we have massive problems
My wife and I happen to love that kind of food,. The burger joints aren't healthy. LOL You should buy Shake Shack, LOL
pretty nicely. If it can get over $20 again I think it can get to $22 area where it hit after earnings. I know you're out of it for good but just thought I'd point it out.
thanks I'll check out the web site. Such a competitive market in fast casual healthy food