Gotta love ZERO RISK in the SP500 = $$$

S2007S said:
Never bought at the $3 level like I said.....

Looks like there is much short interest...should be interesting to see what happens if LABD spikes and these funds or individuals who added to this short have to cover!!!!

Aside from that found this today:

Direxion Daily S&P Biotech Bear 3X Shares (NYSEARCA:LABD) saw a significant increase in short interest in the month of January. As of January 12th, there was short interest totalling 4,580,085 shares, an increase of 52.6% from the December 29th total of 3,001,081 shares. Based on an average daily trading volume, of 7,235,215 shares, the days-to-cover ratio is currently 0.6 days.

However after reading about the increase in short interest I found this:


A hedge fund recently raised its stake in Direxion Daily S&P Biotech Bear 3X Shares stock. SG Americas Securities LLC increased its position in Direxion Daily S&P Biotech Bear 3X Shares (NYSEARCA:LABD) by 150.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 835,100 shares of the company’s stock after purchasing an additional 501,200 shares during the quarter. SG Americas Securities LLC owned 3.73% of Direxion Daily S&P Biotech Bear 3X Shares worth $3,850,000 as of its most recent filing with the Securities and Exchange Commission.
More...

AMGN has some bad news...looks like LABD will spike tomorrow.
 
Visaria said:
out of that....+75 points :D
More...
Caught that one too :) can't stop trading someone chain me away please.
Is it gonna drop again? Couldn't take out the previous high on that upswing.

Is the market closed again?





*that one was a joke please dont kill me*
 
Apple missed on iphone sales!!!!!

I think they will continue to miss, however they will bring down next quarters numbers so much on iphone sales that they will easily beat.....

Remember under promise over deliver

Iphone x sales have been down right horrible...that's the only flagship they had going for them...if they can't revamp the next iphone cycle this will be a long downward trend for apple....most of their revenue is derived from iphone sales!!!!



Apple sold 77.3 million iPhones during the December quarter
  • Apple sold 77.3 million iPhones during the December quarter, Apple's fiscal Q1 2018.
  • Wall Street was looking for 80 million iPhones sold during the quarter, according to a FactSet consensus estimate.
Todd Haselton | @robotodd
 
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