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Trading with The Fly

Dr. Fly
Indeud

CLOUD STOCKS ARE GETTING MUGGED

Dr. Fly Mon Jul 29, 2019 12:57pm EST 3 Comments

Are you in?

MONGO leading to the downside, locked in a cage with extra pad-locks. How oversold are we? Is now a good time to step in?

Here is the Exodus OBOS oscillator on a YTD scale.

Meh. Nice downside pin action — off by 3.5% on an otherwise do nothing day. Today is a good day to buy, and tomorrow, and every fucking day for the rest of your lives.

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3 comments

  1. og
    og
    July 29, 2019 at 1:08 pm

    Was it really this Barron’s article that caused this? https://www.barrons.com/articles/soaring-software-stocks-show-signs-of-a-bubble-51564188580

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