OFFICIAL STOCK MARKET & ECONOMY THREAD VOL. SCHOOL'S OUT

[crystalmethod]

TSLA correcting today? :x

Can someone explain what y'all mean when u say "correcting" ?

Is it that the stock is overvalued then it "corrects" ?

 

[crystalmethod]

Did anyone on here get in on NBG when it was under $2.00?

Coud've literally multiplied my money :x

 

[wizards23]

^ there will be plenty of more opportunities. The challenge is finding them early and being prepared with a sound plan

 

[wizards23]

NFLX lol

 

[based mod]

Why in the hell would the CEO say the stock's valuation is to high?

Everything taking a nosedive after gapping up

 

[tripleddd]

Maybe to lower the stock price so they can buy back some shares and offer it to cable companies as some kind of partnership. Don't know for sure though just speculating.

 

[capital sb]

CSUN is doing very well. I messed up my play, because today was my first day trading. Got too anxious and ended up buying high then selling low. Now im kicking myself wishing i would have kept my 6.50 position.

Wizard your blog is very helpful, i just have to learn these trading strategies and more chart analysis. 

 

[awwsome]

NUS

 

[johnnyredstorm]

Corning with the $3 move

 

[bhzmafia14]

So, now is a good time to buy into NFLX again after that 9% drop?

 

[freakydestroyer]

So, now is a good time to buy into NFLX again after that 9% drop?

That's what I was thinking.

 

[wizards23]

NFLX would consider a long position if a higher low is put in tomorrow

 

[wizards23]

JAKK up on e/r premarket. This could run today. Bottoming chart + good earnings = possible runner. I will look for pullbacks as possible entry

 

[mycoldyourdone]

Did it wrong today. Meh.

Good look on fnma though.

 

[sunsetcity]

waiting to break even? what kind of strategy is that? I'm in all or nothing

another win within 2 weeks by way of the Wizard.

FNMA is killing it today, i broke even and then some. Sold half of my shares way too early at $1.9 and just dumped the rest at $2.10

 

[capital sb]

Missed out out FNMA smh

 

[wizards23]

FNMA volume is picking up and weakness is being rotated out. Hope the run up continues. Kicking myself for not loading up 1.50s-1.60s :x. My only long term holding paying for being patient

TSLA looks like the top has been put in at 194ish. Lower highs and lower lows on the daily chart. If 158-160 area gives this can tumble to 140 area, possibly even lower, over the next week or so

CSIQ holding up well. I want to short this stock. Being patient and waiting for the pullback

 

[based mod]

Who's playing ER tomorrow?

Thursday, October 24

Ford ($F)
Microsoft ($MSFT)
Amazon ($AMZN)
Under Armour ($UA)
Deckers ($DECK)
Zynga ($ZNGA)

 

[freakydestroyer]

I don't like calling tops, but this sure looks like one.

 

[rexmakesbeats]

I don't like calling tops, but this sure looks like one.

Not a top imo. Majority of earnings have beat estimates with the exception of caterpillar. If u look at 13yr chart of the index, we are just breaking out of a long term sideway trend. Although with all the QE the fed has pumped into the economy I would be wary

 

[lyonbc1]

$F

 

[rexmakesbeats]

I don't know why AAPL is stagnant after reading the letter from Icahn

 

[based mod]

Bear raid :x

$F

On its way down

 

[lyonbc1]

^ Meh, after that earnings report with record profits and raising guidance I ain't got no worries. But that movement really makes no sense to me: strong profits, large sale numbers, etc.

 

[wizards23]

RSI was overbought and due for a pullback. This is needed if it wants to go higher