Market Behavior is learned not by Logic or Reasoning but rather through Reward and Punishment
----------- MightyMo ----------
The most anticipated IPO in history begins it's stock market life on Friday. I plan to get my big Cigar, sit back and puff away in my comfortable chair, and enjoy the Show. About 40% of the rank and file customers who will buy tomorrow will get burnt and burn bady during the following two weeks.
Enjoy the show.
There are reports that AAPL will make new ipad announcements on Oct 21. ..... and the Beat goes on.
The market... is it ready to baba to alibaba?
CAN'T GET ENOUGH LUV !
With a $450 net profit on the books after buying LUV two weeks ago, went in and added to position with even more LUV. LUVing it.
ALIBABA... again my thoughts only ... I expect ALIBABA to be down at least 40% off his first day highs about a week after the IPO hits...
The riddle of steel. AKS and X cut upwards. There was a time, boy, when Steel drove the market. Steel is only as strong as one belief's.
I continue to observe market behavior in regard to crowd behavior. .
Yesterday, Morgan Stanley came out with a dim outlook for TSLA yet ended stating it was a 320 dollar stock. The crowd only read the negativity. As I stated yesterday, the crowd sold and the smart money bought.
In the meantime, just can't get enough LUV !
I have loaded some new vintage photos on ye ole website.
Yes, all of you are questioning TSLA. Here's the thing. Morgan Stanley downgraded the stock today and it is down big time. However lost in the spewage, was the fact that the same analyst said TSLA is worth 320 !
Yes, it'll hurt those who are doing day and swing trades. Those holding long term like me, will eventually see big gains... just like I did with Apple.
In reviewing crowd behaviorial patterns on stocks, like I do, the crowd is selling TSLA in panic mode. When that happens, yes, y…
If stock market experts were so expert, they would be buying stock, not selling advice. Norman Ralph Augustine
I hate weekends because there is no stock market. Rene Rivkin
Vintage photographs - see my websitge
will very soon have a gallery depicting vintage photographs which will available for purchase on ebay and other online sites. I will also start displaying other items of interest which will also be available for purchase. However, none of it can be purchased on my personal website.
One more thing : (AAPL)
My interest in Apple (AAPL) is long term. A buyer since 2009, I am not concerned about day to day moments. I do think the following events ca…
GAS PRICES are coming down, in many parts of the country, the price will be BELOW $3.00 a gallon. This is great for the market, as the price for shipping goods will drop, and companies that use a lot of fuel (i.e. airlines) should benefit greatly.
I've got a blog coming up regarding Warren Buffet - hope to have it out by tomorrow on ye ole website.
Will the Apple Watch stop ticking even before it comes out ? Not only will it only worked if one has an apple phone (iphone5 or later), …
Apple, as it was eloquently noted by a blogger on this site, popped up 4% when AAPL announced it's new phones. It quickly gave it all back when it announced APPLE WATCH and disappointed the street when it was stated that it would worked ONLY by owning an apple phone.
I myself am extremey disappointed by the APPLE WATCH.
The biggest point of today's Apple announcement and the one missed by most of the media is the one that will have the longest lasting consequenc…
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