Have some same week GOOGL calls, this is torture. They will probably expire worthless unless GOOGL goes up 2% from here.
hey @anotherdevilsadvocate thoughts on the trannies here? i know you've been keeping an eye on that over the past few weeks on here while the broad markets are mostly floundering today however the transports seem to be holding their own pretty well once again here ... and really for the past 2 weeks relative to the overall markets ... is it finally time for transportation to take the reigns higher and outperform the overall markets after being absolutely decimated for the past 2 years ... in fact the small caps (russ2k) also look to be making a little move as well finally showing some signs of strength compared to the overall markets ... worth noting that those are the 2 major indices that have yet to take out ATHs this year
Late last year Maheney dubbed the new 'FANG' -- 'BAGEL'. B -- Alibaba A -- Amazon G -- Google (parent of Alphabet) E -- Expedia L -- LinkedIn All five of these names have done extremely well this year, except for EXPE which has tread water. Maybe it will be next to move. LNKD got bought for an absurd premium. If markets are to trade higher, then all of these names have to participate. I actually like all four names in an up trending market as part of a diversified portfolio. You buy the stock on pullbacks and sell puts. I still think AMZN will, at some point, become the first $1T company. If people pay 400X time earnings today, what stopping them from paying 1000X earnings? Absurd? Yes. -------------------------------------------------------------------------------- (1) Mobile Materiality: Top trend, Mobile has now surpassed 25% of usage, revenue, bookings, etc. (Best derivatives: P, FB, TWTR, GOOGL, YELP, ZG). (2) Social Ubiquity: FB has more monthly users than China, and we’re unlikely to hit a wall anytime soon (FB, TWTR, LNKD). (3) Online Migration Of TV Ad Budgets: Consumers continue to spend more time Online, and where consumers are, TV Ad Budgets will follow (GOOGL, FB). (4) Rise Of The Programmatic Ecosystem: We’ve reached the tipping point from traditional media buying to Programmatic, which accounted for $18B of spend in ’15 (GOOGL, CRTO, RUBI). (5) Same-day Delivery Surge: CPG sector remains in sight as companies like AMZN (with 8th gen fulfillment centers) continue to “shorten the driveway” (AMZN). (6) Cloud Computing Critical Mass: A material revenue stream for several ‘Nets, principally AMZN, but also perhaps GOOGL (AMZN, GOOGL). (7) Cash Pile Up And M&A Fever: As the large ‘Nets have grown, so too have their cash (and equity) balances. This has led to both more acquisitions (WhatsApp, KING, AWAY) and more cash returned to investors (GOOGL, PCLN). (GOOGL, BABA, AMZN, YELP). (8) Unicorn Derivatives: Negative impacts include wage inflation, advertising cost pressures, and a general increase in competition. Positively, these (generally) well-funded companies are prolific advertisers and users of cloud services (FB & AMZN). (9) FX Headwinds & Tailwinds: Should the USD stabilize or weaken, this could create a tailwind in 2016. Largest International revenue exposure: PCLN, GOOGL, FB, EBAY, TRIP, EXPE, AMZN. & (10) Rise Of The Sharing Economy: We are seeing a major shift from the purchasing of media products (music, video, games) to the renting/streaming/sharing of those products (NFLX, P). http://www.streetinsider.com/Analyst+Comments/Forget+FANG,+Look+at+BAGEL+in+2016/11162604.html
Today's After-Market ER: $HPQ $WDAY $PVH $WSM $GES $HEI $TLYS $CCM $SQM $MESO Tomorrow's Pre-Market ER: $DLTR $DG $TIF $BURL $MDT $JKS $SIG $FLWS $MIK $SAFM $TD $TECD $PDCO $MOV $CM
No deep thoughts about the transports. It looks like they have broken the declining trend line, not in some extreme definitive way but it certainly looks broken. I'm thinking this'll play out: Yellen will be hawkish on Friday (supported for one thing by that great new homes number -- they've gotten people to make investments), market makers will start pushing prices down and retail investors will get scared and we'll get a dip (maybe even below 2175 this time ), and then the institutional buyers will come in with their Dow Theory signal from the transports and confirmation from Yellen about the economy being, well not horrible.
Something's gotta happen on August 24, today it's gold getting hit. I heard on Monday that China had devalued their currency again like they did last year, but things didn't fall apart this time.
Gold is a tricky trade. They pushed some of these names into the stratosphere earlier in the year. Some stocks clinched 4-year highs. We are just now beginning to see that leverage side of the trade break. They could as easily wipe everyone out by taking it the other way.
woooooo, glad i sold labu near the highs today, TIME JUMP BACK IN ALREADY? what the hell happened today? the fed going to raise rates? i took a nap after i sold labu this morning, just what the hell did i miss??!?!?
i heard soros, ichan and someone else sold all their gold last quarter and that news is what got people panicked out of gold?
the market got bid up into the close, so the S&P still holding the 21, im sad i put in a order for LABU at 38.80 at 3:59.....and it instantly jumped to 38.90 and i didnt get filled
You timed it perfectly, it got messed up today. Hearing there was another tweet from Hillary. edit: Just looked it up, she went after Mylan EpiPens. That's what people are putting the blame on today.
oh gosh, wow. ibb and xbi worked real hard to get back in a uptrend, now they both broke the 8 and 21 ema, who knows where they will go from here. but i am highly doubtful that they will end up below the 200 dma again, so much M&A and drug approvals going on right now.
