You might not know it, and that is why you read me and aren’t the one doing the writing, but the fate of SAAS stocks are indelibly intertwined with the destiny of the market. There is so much invested into this one sector that its survival and state of being is central to the risk appetite of the whole. You might eschew them in your portfolios, because you’re small minded miscreants, but rest assured you need them to profit from your other bozo stocks.
We are all friends here, are we not?
1 week returns for my select SAAS basket.
The Exodus Application Software oscillator, predictive when extreme levels are reached, as was the case a fortnight ago.
Not much else to say. I’ve got a lazy Saturday planned, started with some Barrel Ass Frenched Toast and Eggs in a Basket. I will probably read, maybe go to a park, and then cook some pasta for dinner. This evening I might go gimlet, dirty martini or maybe Irish Whiskey. This is still up for debate.
Enjoy your day.
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Here is 1 factor why I’m betting disruption of upward market direction
Listen to scaramucci on cnn cuomo, final minute summary
CNN Cuomo 10/25/19 Scaramucci
https://www.youtube.com/watch?v=uatQUBlzTGc
I’m starting to think the market might like impeachment. After all it’s fucking trump himself holding back the economy
We are in the twilight zone. All these MSM punks and their guests pretending to be worshipful of the rule of law, but who have been perfectly fine with ILLEGAL wars that killed, maimed and displaced millions. Nauseating interview.
You should be watching AVLR for software basket too.
Hey Fly do you watch college football?
I do not watch college football
Not sure how to intepret that “hybrid” graph.
You only list a “buy” signal level. What is the sell level? The oscillations are such a high frequency that it seems like this might be just useful for 1 or 2 day holds.
Also, given the hgi-frequecny oscilaltion, this indicator would have to be used in real-time, becuase gaps up or down could easily switch the end-of-day signal. In other words, you have to look at the signal at 3:50pm, and make a move based on that. For example, it has already spiekd up, so if we have another up day on Monday, it will liekly show a “Sell” signal by the close – which means that you don’t want to hold SAAS Monday night.
…unless of course the market falls on Monday, in which case you wouldn’t get a sell signal at the close, but would likely end up holding the stock at a level lower than the first October “buy” signal…
The Hybrid is combo of tech and fundies. The extreme low points indicated distress. That is all.
Anyone out there have thoughts on the natty space?
The best SAAS play is one no one thinks about – PEGA