It sounds like every security analyst on Wall Street.
BMY
- Thread starter KGTrader4
- Start date
Hadn't taken a look at the chart till now. What's not to love about a stock that has moved +47.44% in the last 6 months.
Other than the fact that: as mentioned a bear market is ongoing, R's likely will win the House which might put ACA in jeopardy again, and BMY seems to make fairly regular 50, 60% pct swings (as per chart image, click it for clearer view) before it dives.
If I was a stocks guy I'd pass.
Other than the fact that: as mentioned a bear market is ongoing, R's likely will win the House which might put ACA in jeopardy again, and BMY seems to make fairly regular 50, 60% pct swings (as per chart image, click it for clearer view) before it dives.
If I was a stocks guy I'd pass.
Seeing a ton of sectors unable to withstand this bear market. Latest victim was the food packaging & retail department staples. Maybe it's just a matter of time these drug manufacturers take the hit as well. (Low beta does make a difference tho.)
Without a doubt, it's the worse bear market I witnessed in terms of length in days.
Come to think of it... The entire 2022 year was pretty much a shit show!
(Good thing, I decided to go on an extended fast for health concerns...)
Without a doubt, it's the worse bear market I witnessed in terms of length in days.
Come to think of it... The entire 2022 year was pretty much a shit show!
(Good thing, I decided to go on an extended fast for health concerns...)
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How about:-
(The Chart Report)
Today’s Chart of the Day was shared by Steve Strazza (@sstrazza). The Consumer Discretionary sector is now the worst-performing sector year-to-date, down 32.5%. This is an extremely important sector for both the Stock Market and the Economy because it reflects the appetite for consumption. Steve points out that it's down more than 20% vs. the S&P 500 for the first time in more than a decade. The past two times that Consumer Discretionary entered into bear market territory on a relative basis like this were in 2007 and 2000. Both instances marked major tops in the S&P 500. Could Discretionary stocks once again be hinting at further pain for the S&P 500?
(The Chart Report)
Today’s Chart of the Day was shared by Steve Strazza (@sstrazza). The Consumer Discretionary sector is now the worst-performing sector year-to-date, down 32.5%. This is an extremely important sector for both the Stock Market and the Economy because it reflects the appetite for consumption. Steve points out that it's down more than 20% vs. the S&P 500 for the first time in more than a decade. The past two times that Consumer Discretionary entered into bear market territory on a relative basis like this were in 2007 and 2000. Both instances marked major tops in the S&P 500. Could Discretionary stocks once again be hinting at further pain for the S&P 500?
Finviz shows EPS next Y at 8.15 - but current EPS is only 2.82 - ? So, if this gigantic EPS jump is real then perhaps that is why its holding up; can anyone explain how this is even possible for a company this size to have an EPS increase like that and why?! Or perhaps I am just reading the stats completely wrong.
No idea. Funnymentals don't concern me. Just price.
https://stockcharts.com/freecharts/candleglance.html?BMY,SLB,HAL,nex|B|null
SQQQ, SOXL 5 minute charts are worth a look while you're looking at your other prospects. Maybe keep an eye on em for the next ten or twenty sessions and see if you don't find a few fun intraday trades tucked in there while you happen to be at the screen anyway.
Wish I would’ve bought it lol. But it’s ok, I’m learning every day.
I subscribe to a guy who is a position trader and tweets what he’s thinking, watching and doing, multiple times a day, along with a daily video. It helps me tremendously, because I’m looking at lots of charts every day, that he directs me to. I think it will help me uktimately do things more on my own without a lot of advice. $59 a month, we’ll spent.
What are the criteria for his recommendations? Setups? Artistic? Fundamental?