Stock Market Daily Discussion for May 9th - 13th

Discussion in 'Stock Market Today' started by StockJock-e, May 7, 2016.

  1. internationalstocks

    internationalstocks Active Member

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    Quite bullish today. Whole market got a good lift. Let's see if it holds
     
  2. duck mich

    duck mich Member

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    relief rally today :D
     
  3. StockJock-e

    StockJock-e Brew Master
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    So AMZN starting a youtube competitor... Im not sure.

    While I feel competition is good, youtube is the go-to site that everybody knows.

    How does AMZN want to penetrate this market?
     
  4. surfsup

    surfsup Active Member

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    FCX retrace to 50 today if someone wants in on that. gold stocks at their 20s...
    Yen down but still in it's uptrend channel
    Dollar up but still in it's downtrend
    LEMB EMLC EBND emerging market bond ETFs might be at a buy point
    AAPL trying to make a new high from the open right now...will be interesting to see what happens there
     
  5. pftq

    pftq Member

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    Out of $SPY now but still very long with $PAH, $WWAV, $EGRX, and many other names finally playing out after months of consolidation. Tech Trader remains 90% long by 30% short, the most invested we've been all year since going 60% cash in November. I expect this will continue in the end of Q2 with many people who expect seasonal weakness to be disappointed. If you look at the charts below, many names we have are just now starting to break to the upside.
    https://www.techtrader.ai/wall/?date=1462863512&post=9401
    [​IMG]
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    [​IMG]
    [​IMG]
     
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  6. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Yeah YouTube is great, but I give AMZN a fighting chance here.

    STMP gave back everything from overnight and then some.

    At SPX 2080 right now.
     
  7. internationalstocks

    internationalstocks Active Member

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    We either pull into bull mode after tomorrow or are about to see a huge correction coming up. My own gut feeling on this is that we are going to see a very hard drop pretty soon. There are is an Index that did not run with this run recently and I reckon it is for a reason
     
  8. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    STMP lost all of its gain from after hours yesterday lol
     
  9. T0rm3nted

    T0rm3nted Moderator
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    I do not see how Amazon thinks they can compete with YouTube. What content producer in their right mind will start on the lower populated site? And none of the already subscribed to producers of content are going to leave for Amazon when they're already making a ton on YouTube.
     
  10. StockJock-e

    StockJock-e Brew Master
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    I guess it all comes down to who adopts it usage. If Im following a video link, I dont care it its youtube or not, just as long as its fast and gives me my content hassle free.
     
  11. surfsup

    surfsup Active Member

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    AMZN, to me, is sitting in a good spot for LT growth. Not a buyer at this level, but will watch for dips on a general bull market run.
     
  12. surfsup

    surfsup Active Member

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    I disagree. It's free to sign up and put your video on both sites! Why wouldn't someone do that? I would. It's ad-based revenue, not youtube based. An important distinction. AMZN has already nicked into NFLX.
     
  13. StockJock-e

    StockJock-e Brew Master
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    I used Netflix everyday, I hardly use Amazon..
     
  14. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Seems even AMZN is admitting this has limitations compared to YouTube.

    http://techcrunch.com/2016/05/10/amazon-takes-on-youtube-with-launch-of-amazon-video-direct/
    A veritable Who's Who of "Who Dat?"s

    I like YouTube for streaming music, doesn't seem like AVD is going to be for that. Also, seems AVD may largely be restricted to Amazon environments. eg Prime members, and the app may only be available on amazon.com but not on Google Play store.
     
  15. StockJock-e

    StockJock-e Brew Master
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    Its a good thing, people need options and Amazon already has the ability to deliver the content.

    How much Amazon you buying now? :p
     
  16. Baggi

    Baggi Active Member

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    I dunno. Obviously I've got no clue. Or I would have held on and made more money. I made 50%, so didn't want to be greedy. But could have held and made 150%
     
  17. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Not buying AMZN, but I wouldn't stop anyone from buying it :D
    They employ a lot of people, and thankfully those warehouse jobs cannot be sent overseas.

    Anyone know some good pet-related stocks? People will complain about the cost of their own health care, but those suckers will pay up for their pets' medicines. What a time to be a pet.

    There's WOOF, PETS, and BUFF but when I search finviz they get lumped into categories that are not pet-specific (BUFF goes with food companies, PETS goes with healthcare companies).
     
  18. duck mich

    duck mich Member

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    DIS down big , missed Rev.
     

    Attached Files:

    #58 duck mich, May 10, 2016
    Last edited: May 10, 2016
  19. Ken34

    Ken34 2017 Stock Picking Contest Winner

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    gold has been such a good play this year buying the dips. glad i did yesterday.
     
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  20. MaximusAnalysis

    MaximusAnalysis Active Member

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    Today's Market Thoughts

    Names included:

    AMZN
    GOOGL
    SCTY
    PLUG

     
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