Secrets? Twitter has secrets? I think they're a fad, with an unsustainable business model, but that's me.
Watch everyone head for the exits at the same time on the oil stocks.......OAS is up almost 50% in 5 trading sessions.....I think everyone will agree it's way overextended in this sub $50 oil world.
What? No correlation at all.....John Chambers, CEO of Cisco, has been on CNBC after every earnings report since 1998, that's 15 years......and the stock has gone nowhere the past 10 years.
Well all the excitement in pre-market has been faded, and the stock is well off its highs of the day. This stock will either be at $35, or $45 after the bell....I'm thinking closer to $35.
You were early at first, as it spiked to over $18.30. I'm already short and under water, but I'm adding here, anything over $18. This is nothing more than a $14-$15 stock in my opinion, as oil will continue to get crushed. Your $18.15 will look good shortly....wait, it's already under $18 as I type.
Anyone remember the BOX IPO that came public on Jan. 25? Cramer in his show that night told everyone to call your broker right away to get in at the open. Well the first day it spiked to about $25, so all his sheep got in that day in the $24 to $25 range.......Fast forward to a week or so later, BOX is currently trading at $17.55, heading down with no end in sight....Way to go Jim!
They're all fair weather strategists.....No different from Cramer.....If a stock reports a good quarter and goes up as a result, Cramer says "it's going much, much higher." Look at WHR for example today.....He likes to burn people at the top.....I'm sick of all of them mavrik....
"Oil is at, or possibly near a bottom." LOL.....That's almost like saying the market may go up, or possibly go down. This woman is the chief equity strategist at one of the largest equity houses, and she says this? What is it with these people, are they trying to make clients lose money?
As usual, you miss the point, but that's nothing new for you. You've missed the point for the past 6 years. Let me spell it out for you......Wall Street strategists, economists, money managers, and CNBC anchors all create self-fulfilling prophecies to serve their own agendas. I'm not going to take the time to explain to you what their agendas are....If you don't know, you don't belong in the market.
For the past several months, CNBC guests were telling everyone that low oil is a net positive for consumers, and for stocks, because consumers will spend that savings......As of yesterday, the CNBC guests were saying that the spike in oil the past few days (short covering) is great for the market and for stocks.....Who's crazy enough to believe anything these people say?
because of the insane 7-8 year credit loans....I mean, who is stupid enough to "buy" a car and make payments for 8 years with all that interest? Wait, I'll answer that...someone who wants to live above their means....because that's the American way.....credit and consumption....credit and consumption....We've learned absolutely nothing from the last economic downturn.....Rev up the repo departments for the next recession.
Yesterday, before the market opened, an analyst from Stiefel upgraded MTDR, among other energy names. I was curious about this, so I did my homework. Sure enough, Stiefel makes a market in MTDR, and they
either anticipate getting investment bank business and fees within the next 3 months, or they hope to get the investment banking business within the next 3 months. Why are conflicts of interest allowed to exist on Wall Street?