Still waiting to get outta my USO with a profit. Nearly there. When it hits $35 again I think it will hit $50+ SUV drivers beware. Inflation is hitting and oil won't dodge this.
Ouch. Sp500 saw a 1,156% reduction in div payments for Q2 on a yoy basis when compared to 2019. https://www.cnbc.com/2020/07/08/div...-in-worst-quarter-since-financial-crisis.html
man, the chinese market has gone ballistic charting the shanghai comp looks kinda similar to our nasdaq
1929 crash analogue updated by TylerZH [ED: I give up, used imgur but it clearly does not work when I do it ]
Chinese internet has really picked up, even better than the QQQ recently. Heiken-Ashi candles in this chart. 3 days ago the Chinese government implored citizens to buy stocks. BABA is tempting. JD even moreso because it is closer to AMZN, while BABA is more GOOGL. But buying when the index is at the top of Bollinger bands feels like too much chasing right now.
We're running into downtrend resistance on the SPY - I think we're going to sell off over the next couple weeks. Colleges are now coming out saying fall sports will be impacted. If NCAA football is impacted that is a huge $$$$$ hit to big companies. I picked up some VXX $34 straddles for 8/21 this morning right before the sell off. I'm going to hold these for a while.
Those mega tech names are getting so ridiculously big in this pandemic, MSFT and AAPL now at about 1.6 trillion market cap and AMZN at about 1.5 trillion With GOOGL at just over 1 trillion right now, I guess FB or BABA has the best chance to become the next one with both at around 700 billion market cap
Facebook's SDK for Apple iOS causing other apps from Spotify, Pinterest, Tinder, TikTok, etc to crash. Even if you don't have the Facebook app on your phone, if the other app uses the Facebook login then it will be crashing. https://www.theverge.com/21319817/facebook-ios-sdk-bug-fix-spotify-pinterest-tinder-crash-iphone-ios
I just experienced this today on my way into work. Spotify app was working fine then randomly crashed and wouldn't reopen. Just crash after crash when I clicked the app.
TSLAAAAAAAAAAAAAAAAAAAAAAAAAAAAA everyone said the bull market after the last recession was the most hated bull market....im sure this run up off march lows has taken that crown. holy smokes, this run has been insane. ive never seen anything like this. in the face of all the bad news, these tech stocks are just going insane. i have been cautiosly optimistic. while im in on TSLA, MSFT, SQ, and FB. im still 35% in cash. it is very tempting to add more to these runners, but i already know this thing can come crashing down at any moment.
Pretty much right where I'm at as well. Basically same % in cash. LOW and AAPL been killing it for me. Scared to add more
Yeah for the positions that I am adding lately, they are more of short term plays that I am ready to sell anytime. If you got in on March or April then I guess you can ride it for awhile
