WatchKit, Igy. They're coming for you.
WatchKit, Igy. They're coming for you.
agip wrote:
looks good so far -
Sales up 67%
Same store sales up 17%
no idea what shenanigans they use to compute earnings but I'm sure that's good too.
Stock up 4% after hours after being up 4% today.
burgers all around.
If it's at the 21 Club, than I'm in.
la gente está muy loca wrote:
agip wrote:looks good so far -
Sales up 67%
Same store sales up 17%
no idea what shenanigans they use to compute earnings but I'm sure that's good too.
Stock up 4% after hours after being up 4% today.
burgers all around.
If it's at the 21 Club, than I'm in.
It'll have to be a ten-bagger for that, gente
What the Fed gives, will be taken away.
How about we all buy just Amazon, Google, Microsoft and Facebook.
That seems to be the best strategy these days.
You with me Igy?
agip,
I have felt for sometime that if the market was to rise it would go up on biotech, tech and story stocks. Tech has been the sector however and certainly the stocks you mentioned are the leaders. If the market is to sustain and advance the gains the market breadth would have to expand. I remain skeptical.
Igy
Any of your clients jump ship yet, Igy?
POTO,
No not at all. In fact they support my point of view. Hey most clients are attracted to and like to work with reasonable people.
Here is a piece that gives a little more information on Stan Drukenmiller's view.
http://www.marketwatch.com/story/a-warning-that-the-feds-chickens-will-come-home-to-roost-2015-11-04
I am not alone, far from it.
Igy
POTO,
Just checked, net new assets up 2.5%.
Igy
Ghost of Igloi wrote:
Hey most clients are attracted to and like to work with reasonable people.
I know. That's why I asked.
Ghost of Igloi wrote:
Breadth Breaking Bad:
http://www.zerohedge.com/news/2015-11-05/breadth-breaking-bad-where-it-all-went-wrong-fed
Wrong on all accounts, from the #1 website to visit to know what will NOT happen.
The percent of stocks above the 200 day moving average is NOT a breadth indicator, and either the person running the site is too stupid to understand this, or he is intentionally using a wrong indicator to imply something that is NOT happening.
The bullish percent above the 200 MA is an overbought/oversold indicator, 70+% above means overbought, and 20% below means oversold. During the summer, there were 70-75% of the SP500 above the 200 day MA, so a correction should not have been unanticipated (and any "professionals" that did not anticipate might consider another line of work).
The advance-decline line is a breadth indicator, and it is saying something quite different than he (and you) are trying to imply: !ADLINENYA on stockcharts.com.
The McClellan Summation Index (ratio adjusted) is another breadth indicator and is saying the same thing that the advance-decline line is saying: There is nothing at all wrong with market breadth since the correction bottom.
Ouch!
coach d,
Your opinion of course. I see a wide divergence of performance among asset classes. I think most of the trading as institutional driven. The bottom line for me it is one of the most dangerous markets in history.
We will see how it plays out over the coming months.
Good luck on your trades.
Igy
Casper,
Technical indicators are open to wide interpretations, most of which explain only short term trends. I have posted technical interpretations that are different than coach d, that is all.
Igy
POTO,
I know you as well.
That is why I replied.
Igy
Ghost of Igloi wrote:
Casper,
Technical indicators are open to wide interpretations, most of which explain only short term trends. I have posted technical interpretations that are different than coach d, that is all.
Igy
LOL
Ghost of Igloi wrote:
POTO,
I know you as well.
That is why I replied.
Igy
SMH
BFD
LOS