A tepid opening, following a robust showing in pre-market futures. Twitter raised their offering price to the mid-20’s. If the greedy underwriters aren’t careful, they will Facebook this deal and ruin the ipo.
I’m looking for deals; but must admit that I am stuck in the mud of mediocrity. I’ve shed 10% from the highs, now sporting gains of about 50%. There isn’t anything wrong with a +50% gain, per se. However, it is my right, under God, to make more.
Miners and coal stocks continue to show strength, highlighted by WLT, CLF and X. I have no interest in purchasing the shares of companies who specialize in 19th century technologies. “The Fly” is about about hi-tech, chasing down the trends and profiting from it, sans the occasional boat trade.
Nevertheless, the facts on the ground remain: I am in need of respite and have been bleeding out for too long. I am tentative of the market and do not trust the relaxed mood of the market, all the while momentum stocks drown in their own vomit.
There is rotation and then there is distribution. This feels like the latter.
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been a long time i didn’t see such volumes, scary
volumes back to normality all of a sudden .
could be the usual black rock hft algo gone nut
NFLX is a winner. I bought it.
The PPT score will get into the low 2.4 – high 2.3 range sometime (maybe multiple times) next 3 weeks. That is the buy signal to ride into year end.
Keep in mind, Thanksgiving is at the latest possible date this year. So Goblox ( the future leader of the turkey rebellion against Wall Street) will arrive later than normal.
Steam tech is popular stuff
OK…as in??
Pickup some TSLA, old sport.
“The Fly” is about about hi-tech, (full Max Headroom)
The entire concept of Twitter is flawed. How can anybody convey any meaningful information in 140 charatcters or less?
Except maybe “Twitter SUCKS!”
Yeah, just like aerioplanes.
You’ve obviously never been on Twitter.
mock it, and the little blue chirping bird will take a dump on your head.