The S&P 500 will top soon at 2925-2930

Will the S&P 500 top at 2925-2930 ?

  • Hell yes your short term top will be correct again

  • Hell no the bull market will set new all time highs and trade above 3000

  • You're still a fool for STFT

  • Who cares Desperado trades Billion dollar FX accounts recruited from twitter

  • Baron is still 12% body fat and will kick your a$$

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Same old $hit
Just another day



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tiddlywinks said:
What I just don't get are traders like Volente. Sure, I understand swing trades. Volente put on a 30 point stop upon entering short earlier this week. The market rallied to fresh all-time highs and pulled back. OK, all is reasonable, down a few, up a few.... and proceeded to take out that high! The market spoke regarding a short position!!! It seems these traders are just more interested in being right. Or maybe they have outrageous round-trip costs, LOL! Of course, in a a different thread, this whole runup since whenever it started, is referred to as a rally in a bear market!! I shit you not.

So here it is the weekend, Vol's position will (likely) be held with a 500 smackers give or take drawdown (per ES contract held), with the market making fresh intraday for sure, and possible closing all-time highs. Hey, it's only about halfway to his 30point stop! I guess the hope is the world will wake up on Monday morning in a panic, dripping with sweat.
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S2007S said:
Nflx is down over 12% now!

Totally missed on subs!!


Without subscribers Netflix is nothing.

Reminds me of AOL back in the early 2000s.
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Net cash flow was a loss of 594 Million for the quarter and forecasting Free Cash Flow loss of 3.5 Billion for 2019... Haha, they have another 4-5 years of losing 3-4 Billion a year until credit starts to tighten and bankruptcy follows
 
Stockolio said:
Net cash flow was a loss of 594 Million for the quarter and forecasting Free Cash Flow loss of 3.5 Billion for 2019... Haha, they have another 4-5 years of losing 3-4 Billion a year until credit starts to tighten and bankruptcy follows
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Staggering numbers.
To continue to lose money like that as huge competition makes it way into the sector means Netflix is heading no where but lower. And raising prices would be a no no as well...I wouldn't be surprised if Netflix lost subscribers in 2020 or so to other streaming providers.
 
Nine_Ender said:
I've been 100% long equities since June 24; majority of that long June 14. It was a play on a potential break out on the upside given the potential double top on the SPX failed. I don't have the research but it wouldn't surprise me if there is 80%+ chance of short term breakout in this kind of situation. The fact the shorts on here have been operating on 95% certainty is another reason to be long.
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“Path of Pain” says you’re right.
 
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