CREE is getting poleaxed in the after-hours.
Ladies and Gents,
Welcome to the third quarter earnings season. Expect to give back large swaths of gains, amidst vindictive earnings reports. Although the indices went higher today, under the thin veil of beauty laid an ugliness so horrible, so monstrous, the very idea of looking at it again might turn your warm, beating, hearts into rocks of salt.
PNRA down
YY down
YELP down
VECO down
NFLX down
DANG down
ADHD down
DQ down
BFR down
FANG down
CXO down
BNNY down
VEEV down
GOGO down
I can go on. You get the gist.
The fruits of un-labored fortunes can come to a brusque end with a snap of the finger. The hedonistic bullishness, the triple digit returns, that you’ve grown accustomed to can come to a screeching halt with sentiment. The market runs on confidence. Often times, during periods of excess, said confidence is held in overwhelming numbers, by people with small brains and shallow pockets, pikers mongering about like the trade-winds.
The strengths and greatest attributes of a bull market running off momentum can indeud become its albatross. Be on guard for reversals.
Top picks: AMBC, ALJ, BALT, JAZZ
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if you live by the sword you die by the sword
And don’t forget BRCM AH, although that was no mo mo and has been crapola for awhile, no matter how many analysts kept telling us how it will do great in this mobile world.
BRCM is not momo
GLW – this old man stock is back
SO the utes. are strong…we have a rotation going on
that 11am spike down was a street mugging/purse snatch.
i sold my first born’s formula to buy Nov calls leveraging every last cent heading into BALT earnings
Another example: SAM down 3.6% after hitting 52-week high early in the session.
where is the comic from
i’m down near 3% for the day . ugly .
Same. Was up at the open too.
Staying the course with my TSLA. Hasn’t failed me yet….
if you weren’t in GLW at the close you missed the boat, kind of like CSCO.
+2% today, thanks to WMT calls. (not counting my CREE losses, which will become official on tomorrow’s open)
Fly $ADHD was annihilated today you think it was because of the secondary that began today? And you like that one?