One thing that I agree with Trump's policy is that he is going to make EU nations pay for protection from NATO. For decades US has been taking the burden of their defense budgets and in turn these nations enjoy social programs like free healthcare, enhanced welfare schemes, enhanced...
Trump wants to go Shale and Coal for energy when by 2017 Solar option would give cost parity. Both Shale and Coal are devastating for the environment long term. These in the name of creating jobs. Does he mean short term jobs in loss industries creating heavy carbon print on the environment...
Trump has a record of declaring bankruptcies in his business career. That mindset is dangerous. His advisor says if Trump delivers........then we will govern for next 50 years.
That promise of deliverance better have some raw grit to it........because the "bold and rash" agenda that Trump...
Where are they going from here??
I predicted AAPL going to 35-40 range way back in August 2015. SPY going to 160 pretty soon.
http://www.elitetrader.com/et/index.php?threads/aapl-is-going-down-to-35-40-range.293843/
I predicted AAPL to around $40 for long term. Still standing by it. Markets will take it with them. Major indices are looking out for correction of sorts. SPY going down to $140-150 area it seems.
Looks like SUNE can go to $7-8 or even $12. Usually year end times beaten down stocks are bought up again. Technically SUNE has reached and reversed from its bottomline projections of around $2. Hopefully upside is good from here on.
Be ready for AAPL to go down to $100 soon and only then the retest of $119 break out might happen.
Long term AAPL is $30-40 range as mentioned in one other thread.
PZZA looks poised to $30-35 area
PE of 41 vrs S&P's 22
Below from Casey's Reasearch............(no affiliation btw)
Yesterday, Bloomberg Business noted that investors are betting against Papa John’s stock.
The number of shares being shorted -- a bet that the stock will fall -- has risen to...
Where do we get the surf report?
AMD should be able to take $4 in near future and more so if it takes out $2.20 soon. Stops at below $1.60 make sense. Still targeting $4 gives a good 5 for 1 reward vrs risk on this trade.
With Goldman Sachs today mentioning $20/brl for the oil, it seems the $35-40 range prediction for AAPL stands firm. To further add some force to it, SPY going down to $140 is also in cards.
What does $20-30 oil mean? This shows a commodity deflation which (can) also mean economic slowdown...
Peter Lynch wrote in his book that "visit a business, if see lots of customers and cash registers ringing" then go further into researching the stock. Same as today's release with Apple. If the new product does not garner sales and worst kills off the sales of other Apple products then stock...
Good and practical insight. When big buckets start to tilt and some outright unload then it's not a rain but a rain storm.
Another danger to heavily owned company like Apple is if the general market starts to go south then managers are forced to sell profitable and heavily owned stocks to...
Who says Dow or S&P are going to go up and up and up. They have been in this mode since 2009, so down cycle is what we have entered into recently. Apple goes back up little more and I short more stocks. My mental stop is $135 or so.
Yes it is Apple which is mentioned. A 2 for 1 risk reward with downside target to $35-40 around.
Seems what we are seeing a start of a protracted down market.