Had an order in yesterday at .25 and missed it. Will be loading up on pullbacks to 14 and 14.25 , if it happens . Bounced off the 50 dma , should have just bought it at .35 but trying to be to cute
So the market rallies !! Europe lowers rates because going into recession, market rallies. Any good news that would even signal the economy improving and the market goes down, which never happens because the economy is not improving. So the market continues to go up as the bombs fall, and employment falls off. They hire 150k a month but 300k a week sign up for new claims and they call this a positive. Big disconnect going on and nobody cares
Thats right, the day they reported earnings and lowered guidance going forward. Can't imagine what would have happened if they actually raised guidance, instead of lowering them the last 2 quarters, while the stock goes up 50%
I hope we have a little pullback here in the next few months and then I'm going all-in for the fall to spring run
4% , on twice the volume probably took a few short stops out. My 14.85 trade came thru. At first I thought, here we go again when it hit 14.83 at the open and reversed, but pulled it out in the end. Trading shares
On no news , except bad news. Once again, the worse the news the higher it goes. When things finally get better and the news is good it will go down, but since things won't improve anytime soon, its off to the races. Zero interest rates have done nothing but penalize savers and people that have actually worked in their lifetime. And if things were so much better that justifies the market hitting new highs everyday we wouldn't have zero rates
Just looking at the charts. Its only closed above that a couple of times, and struggles to hold any gains lately. I've got an order to sell a little at 14.85, which I normally won't do, but it hasn't even come close. When it does, I'm sure it will hit 14.84 and reverse, if history has anything to do with it.
14.50 This is like the 5th time its reached 14.50 since June and turned back every time. Market looks overbought, and ignoring everything , so it wouldn't surprise me if it fades again
Klac and lrcx guide lower and they both go up,klic raises guidance and it. Goes down. Difference is the coverage.klac analyst lined up to defend the stock coming up with all kinds of excuses, while klic has no coverage to speak of
Its become a total joke. Don't dare say anything about the King, it will never be published, and like you said they allow the 1st graders to patrol message boards.
Yesterday when it dropped so much I missed it, then put an order in at 13.50, thinking it might retest those lows but never happened. My last buy was at 13.85 which I'm going to sell at anything over 14.75, but it can't seem to get above 14.50. Must not have been many shorts to squeeze today, but still a nice finish on good volume
To guide higher. Klac guides lower and missed earnings and it doesn't go down, ilic guides up, and its actually flat or down from a week ago. Sometimes its better to lose $$ like amazon, and then the analyst can spin the future, and a true valuation can't be put on the stock
I just frustrated that the spin never stops . I like to go long stocks and short stocks, do research and prosper from the bs analyst put out there. Klac warned last art, I was short, made some $$$ and even though they guided lower the stock keeps going up. So now they miss and it will get hammered for a couple of days, but the shorts have been pushed out. Now they have warned again for the next qrt but it will be ignored again also. No way you can short stocks when they miss estimates, lower estimates for the next quarter, and the stocks still go up. Things have changed with the fed backing everything
Not a good art. Last art when they announced they warned that this art was going to be weak because of push outs, and the stock went down. Unfortunatly, the analyst community doesn't do their job anymore, and the stock has gone up 20% in the last few months on more and more upgrades and other bs . Now klac misses this art and guides down again, but the market won't let any stock go down anymore for more than a few days. Every time something goes wrong, the analyst come out and say its a buying opportunity, instead of saying we made a mistake and the stock is overvalued. All the equip companies are trading at close to all time highs, yet intc' and the other big chip companies aren't raising cap x . Once amat comes out with their qrt bag of lies things should be ok as the spin will start again. Hope klic can hang on till then
Seems to be stuck between 14 and 14.50. It has tested the 50 dam twice in the last month or so and bounced back up which is good but it can't break thru 14.50. If it can hold here till earnings with a good report maybe we can get to 15 and hold.
Funny how it stopped at 14.03 again the next day. computer was down yesterday, but put in order at 13.85 , this morning. Looks like I might get this one. Market way overbought !