Here comes the squirt higher now at 2091, any minute now.
Gotta love ZERO RISK in the SP500 = $$$
- Thread starter makloda
- Start date
NFLX at 710 is just ridiculous. At this point its just a short killing tool. We've seen in the past (AMZN as well) where it's taken out of the blue 100 pt drops etc. wonder what esrnings will have in store. Actually I lie - I dont really get into equities other than watching the circus from the outside so NFLX doesn't affect me but I do use them as signals.
Tonight as America sleeps, the magic futures will rise again. The magic futures rise 90% of the time overnight. That is you best trade, just buy the cash close, turn off your computer a call it a day. Wake up tomorrow morning and like magic your account will be larger. Ive seen this over and over and over people.
Looks rather unusual with a jump but narrow range.
yea even though I think both are great companies, especially amazon, I have no clue why people pay up front for those earnings especially amazon who's earnings aren't great each time they report......
I think amazon is jumping on news of there big July 15th event thats so big even walmart joined in to compete with them, I think this could be the new trend, a new kind of sales event each year, even bigger than black friday only that its not christmas and it takes place during the summer, I think this is going to catch on....I think amazon will do the same thing next year if they show huge sales from this July 15th event.
The phenomena you have observed is simply because of the news that comes out overseas. Most of the news is out. We are now working with earnings.
I owned amazon maybe once or twice in the past, other than that I don't touch AMZN or NFLX, they are over valued, NFLX surged on news last quarter that they added more subscribers than they thought they would have, the stock has gone straight up, amazon surged after there not so great quarter, meaning the only reason for their jump it got last earnings season was because of the Cloud business they are in....
yes with greece over and done with and chinas markets now being propped up with tens of billions of dollars the only focus now is on earnings, its unbelievable that this whole greece and china scare lasted 3 weeks, has anyone noticed that in todays new markets downturns last only days maybe weeks, there is no such thing as months or years, corrections and bailouts get fixed within hours, it didn't take long for china to halt trading on numerous companies and print billions of dollars to create this buying opportunity and end any further drop in their markets......amazing to see such markets trade in such a matter.
So now with earnings at focus I think we could say new historical highs coming by mid to end of july for all indexes.....
Market will go down 10 points on the worry that Greece parliament might not approve the deal and after the deal is approved it will go 300 points and when the banks are open, it will go up another 300 points because Greece deal is done and another 300 points up when they have the final news conference and another 300 points up when the media reports the news.
so far market has gone up 5 times 200 points on the hope of Greece deal.
so far market has gone up 5 times 200 points on the hope of Greece deal.