I understand the futures market, and how it's manipulated, but it seems odd they would run this down over .50 in AH, after it was holding up very well most of the session....
Keep chasing....Keep buying on margin....Consumers are spending, they're buying cars with 8-10 year auto loans.....Spend more than you make, that's the American way.....Dow 19,000 by January at this rate.......
You can look it up, it's true. They'll take anything they can for Wall street to get their millions in bonus money. I guess we'll have to wait for the first week in January for everyone to exit the doors at the same time.
I just hope this biotech crash bleeds into the broader market. I find it hard to believe anyone who didn't take profits here in the $120's, are still holding.
No news? You're kidding right? If it weren't enough that LCI and other generics have been contacted by the Feds, the Express Scripts news yesterday is effecting any company that sells drugs, generic or otherwise. So if the base case is that the government can intervene and control costs to protect consumers, lower cost
alternatives will be allowed to compete, and they will flood the market, effecting LCI's digoxin sales directly. Think Canada. Now LCI investors have a multitude of concerns, in my opinion.
The Nasdaq is down, but I'm waiting for the entire market to drop. Look at IBB and the entire biotech sector, GILD, AGIO, and all the high flying names coming back down to earth.....I think this may happen with the
Also, IBB is breaking down in a big way, and this is significant to the entire space.
Although the data is promising, Phase I is not Phase III, or even Phase II. In other words, it's fair to say AGIO is very overvalued, and they're selling the news.
Funds holding it down to load up? I'm not sure what you're referring to....It looks like funds are net sellers here.
Wow, what a call! Over 18,000 already....500 more points by Friday! Keep pushing it higher so we can crash even harder at some point.
No it's not a market, and as usual, it will end badly, we just don't know when.
Keep throwing money in on margin, that's what the Fed wants you to do. She wants you to borrow all you can on credit. Keep buying cars with 8 year car loans, yeah, that's the way. The market will never go down!
Tom Lee, Jim Cramer, Jeremy Siegel, and all the sell side analysts and strategists....Cause we're the USA!
Hurry up, get in! The market may go up another 130 points tomorrow! Buy more on margin, use your house as collateral!
Keep chasing, you might miss a big move.....lol......
One of the many things I still don't understand about this market is how there can be so much
technical damage over a short period of time (2 weeks ago), followed by a gain of over 800 Dow points in 3 days, with the low volume upside bias continuing this week. It's clearly contrary to
everything we've learned about technical trading over the years. The craziness continues Chicky.