I have No Discord or Telegram! Disclaimer: My tweets are 100% ONLY for educational/entertainment purposes. NOT a licenced financial professional. NOT Advice
Joined December 2019
- Tweets95.7K
- Following0
- Followers60.9K
- Likes25.1K
Pinned Tweet
I also don't like the #Goog chart here.
May end up like FB.
Are you ready to meet $GOOGL at $275?
Earnings on Oct 28. Probably strong numbers.
So were Meta's. The stock fell ~8%.
Alphabet reports with the same AI capex questions and a death cross on the chart.
📉 Price lost the $340-350 zone, which is now resistance
📉 Death cross just printed: the 50 MA slipped under the 200 MA
📉 Next real support is the $275 range low, about 14% below $320
Will you buy $GOOGL after earnings?
🟢 Yes, on the dip
🔴 No, too risky
It looks like there is some kind of #AI market correction going on here.
This Nov may be the exception and the market may drop some more before it bottoms out.
If you are a trader did you take any profits today when the Nasdaq was up 1.27%?
If you lost it all back then you made a mistake/
After you took profits there were clear stop losses for every stock.
Also after hours was very easy as everything went higher.
We knew in the end it was going to be a great day higher.
But what do you do now with everything Soaring into the sky?
Haha
Any short term bargains left?
$UGL that trade was like stealing.
Momentum has a lot to do with Trading.
No one wanted stocks on Thursday, Friday or after hours they just kept falling.
Now EVERYONE wants to buy stocks and they are all going higher.
What changed?
Momentum.
Trader Brian Jones retweeted
Monday the new auto money comes in and it should last into Tuesday and there's lots of bargains out there.
If the market doesn't bounce that would be a bad sign.
If Nov turns out worse than Oct that too would be a surprise.
Why is the Nasdaq now up 2% from Friday's low?
1) Stocks were oversold short term.
2) Oct is OVER.
3) The new Auto Money for the month comes pouring in on the first day.
$) Trump most likely wants a bounce before the election Tuesday.
Gold should go higher here too since the Naz is higher.
$UGL not up much yet.
100 years of history tells up what NOV will bring.
74% chance Nov will be up.
Average gains 2.5%.
Bad month down 2%.
Crash in #AI stocks like what happened in 2000 with the crash in the internet Bubble and it could be down 7.5% max.
The $QQQ is already up almost 1.%.
If it drops back to only up .70% again.
Most tech stocks will drop off highs too.
So that's your risk if you are short term trading long overnight here.
If I make $500. on a short term trade on a stock like $INTC Like I just did That's a good trade for me.
Not sure how all these people on Twitter say they are Making Millions trading.
Haha.