I don't know how true this story is because there are very few houses in Hong Kong. Most people live in small units of apartment buildings. The ones who can afford houses are the super rich and their houses are big, much bigger than what is shown in the picture. I know that because I have been to Hong Kong a dozen times.
It hasn't broken out yet. It needs to close above 463 with at least 40% more volume than average.
Most retails don't have a trading plan. They trade with emotions and feelings. That is why they lose more often. Are you one of the retails?
If you are referring to the RSI in the Technical Analysis chart provided by Yahoo, I really don't know what it shows.
RSI is calculated by taking the stock price of the past n periods (standard is 14) and apply them to the RSI formula. For example, RSI(14) on a daily chart takes the daily closing price of the past 14 days and apply the RSI formula to them. Similarly, RSI(14) on a weekly chart will use the weekly closing price of the past 14 weeks.
The problem of the Yahoo Technical Analysis chart is that it doesn't tell you what the interval is. Is the 5-day chart an hourly chart? Or 30 min chart? or 10 min chart? No one knows, and therefor the RSI is really meaningless.
One thing I am sure is that the yearly chart isn't a daily chart because the daily RSI(14) should be about 67 right now and it has never gone up to 80 this year.
Agree. Anyone trades with a reasonable system can make money. Those who trade with feelings and emotions are the ones who lose.
Yes, it bought 36M shares last quarter but its stock price was also $43 lower in the same time. Stock buyback can't increase stock price, only earning growth can.
Have you looked at the drop of IV? Options usually have the highest IV right before earning release and they drop rapidly afterwards. This is just how options behave. It isn't manipulation.
The last sentence should read if you are going to buy 100 shares at 438 with a 5% ($22) stop loss, you can buy 2 contracts of 2014 500 calls instead.
Sorry for missing the word "stop".
It depends on how you do it. It is risky to buy at this time. The best time to buy is after the stock breaks out of a key resistance like 463. Also, don't buy more than you would take losses on shares. For example, if you are going to buy 100 shares at 438 with a 5% ($22) loss, you can buy 2 contracts of 2014 500 calls instead.
I meant to say the earning per share would have been 2.4% lower. Earning would have been the same of course.