All gaps are filled, its just when. Naz hitting new highs on the open, with no end in sight. No shortage of helium at this pt, and a upgrade of intel of all things shows what a joke the market is. Whats next, dell ? Gov manipulates the jobs report all the time to their advantage, so this time is no different. They counted the gov jobs as added jobs , all from the gov shutdown that were off 2 weeks. They all collected back pay, unemployment pay, and now get counted as job hiring. How screwed up is that ?
They just won't let the naz go down. During this last run up aapl just set there around 525, and the rest of the naz started spiking up. Right when the dow starts to sell off a little, aapl goes back to highs , up 40 pts and the naz never drops. Been happening all year. Big $$$ can play with certain stocks to keep the averages up
Has anything changed in the last 5 years that comes out of Bernanke's pie hole ? His qe programs haven't worked, and he has nothing left but to lie time after time. Must get it from the pres's speach writers. The economy hasn't improved, neither has the unemployment #'s. Now he is trying to squirm out of the bond buying by telling the world interest rates will remain low. Japan has has zero rates for 20 years, and look where it has gotten them . Same thing here. Once you go that low, nothing else will be acceptable. Got the country in a mess he can't get out of.
Dow will have to take out 16 k and the naz 4k at this pt . It just looks to good on paper. And right when it does, and the shorts pile in, as the goals are met, even not justified, it will ramp higher to the dismay of many. Dow has gone up 1k pts in a month, on basically dismal earnings and guidance, which for the past few years means absolutely nothing to the price of a stock. I've always said Big Ben doesn't have a clue, but he must because he is getting out right before the helium runs out
Both have 2 things in common. They won't admit a mistake and neither has a clue at what they are doing. QE hasn't worked, and won't work and now they are in so deep they can't get out. Ditto for ACA, and for that matter, everything else the egomaniac has tried or lied about.
Sure is different than it used to be. Lower guidance going forward, they have already dropped next qrt estimates 10%, and revenues below consensus, gives it all the more reasons to hit 10 year highs and go up everyday since the announcement. .
Say it ain't so !! Same ol bs time after time. Ceo pumps the future, analyst pump the future but when the time comes, same ol thing. Watch the #'s come down in the next few months so once again they can beat. Klac has always been one of my favorite trading stocks as they don't have the big downturns as some of the other equip companies, but the hype from management and the analyst make it a joke anymore. If you notice, no one comes out and warns anymore about missing the qrt., the analyst just lower the #'s to meet their needs. I guess they are just following the lead of the white house, just keep telling lies, and as long as nobody is held accountable, who cares. Onward thru the fog !!
I shouldn't stoop to your childish behavior, but why not. I was actually long going into earnings, sold at the open. Then shorted a little, because all gaps have to be filled, so the market makers did their job, taking out all the stops. Easy $$ both ways, but you, the same idiot that has never posted a trade, just spilling bs about the industry, but no gonads to put his $$$ on the page because the idiocy of your antics would be exposed. Just keep drinking the cool-aid and voting for these idiots that currently are in the big house and watch the country deteriorate away, just like the state you live in. Good luck , because just like the past you are more wrong than right, but some things just never change.
They didn't really guide up. Revenues flat and the estimate for next qrt was already at .96. Of course, earnings and fundamentals are useless in this market so it really doesn't matter what they do. Its all about the fed, covering everything up
They guided eps of .20 higher than this qrt on the same revenues . Doesn't make sense, but what does ? The last I heard it was Bush's fault that the Kings healthcare isn't working. Now for the next 6 months everybody that misses earnings can blame the shutdown. Funny how 90 days ago after the last qrt lam's est was .83 a share but come earnings they now beat by .10 because they lowered estimates for the last 3 months. Same thing next qrt, when it comes time to report $1 a share will be nowhere in the equation
Earnings are down 20% from a year ago, and stock price is up 20%. Estimates have been lowered 25% in the last 3 months so it should be an easy beat, as the estimates will come down for the next qrt after they pump the stock on so called future earnings. The games continue , but as long as yu can get away with it, why not !
GS must have gotten the call from the King this weekend. He was ticked off the other day when the market didn't go down when he was proclaiming doom and gloom. He wants people to suffer to push his agenda, and when he realized that nobody gave a you know what , that the gov shut down, he couldn't stand it. He even came out and said the narkets weren't taking this serious enough. I guess he called GS this weekend and said he needed some pain so he could blame more people for his idiotic policies
They just won't let the naz go down, no matter what the news. It would be different if there was actual growth of rev and earnings but year over year both are way down while the stock prices are way up. The bs line they feed you about stocks being a discounting mechanism and is forward looking might be the biggest bs line coming out of the talking heads pie hole. They always project future earnings #'s higher , 6 months out, to justify their buy ratings and stock prices, then spend the next 6 months lowering the #'s to meet real earnings all the while the stock prices never adjust
Probally never. Earnings are down, revenues are down, no economic recovery unless you listen to the King, yet if the naz goes down more than 5 pts its not for long. Everyday the futures are up , averages at 13 year highs. Biggest disconnect in the history of the stock market. At least in 2000 it was on projected rev growth and earnings going up. Today they lower the #'s right before they report so they can beat , and all is well. I'm staying short, but it doesn't look good. Its going up everyday beacause it can, and for no other reason
The market doesn't care that we are probally going to start another war, that oil is $110 a barrel, and earnings and revenues are and have been going down year over year, and that this idiot guystupid can't put a logical response on paper but chooses to act like hes still in grade school
They just won't let it tick down , so afraid of a correction that just might bring some reality to the markets. Tech earnings haven't been good, only meeting lowered estimates, qrt after qrt, yet the naz continues to go up. I guess the whole rise in the naz can continue all on smartphone bs.