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I'm feeling a small correction up of like 0.5% today to account for panic selling then a continuing decline. Things aren't doing great, but a 2% drop on the S&P is unwarranted.
after last weeks losses especially on friday everybody predicted a panic selling on monday but it went up 2% Markets dont make sense atm, everything is fucking fucked
>AMD Hope you bought that at around $9, if you bought at $10.75-11+ you should probably sell now since the dip isn't over
Cooper Scott
Im so red i may as well not buy that Ferrari. Dont really care though, only missing the instant ego boost, all my stocks were bought on the dip side compared to the previous year's highs.
Corporate profits were less than expected, along with wholesale inventories being higher than expected. I think that's why a big upward movement didn't gain much traction.
floor trader-sama how the fuck do i get that job? is there no other option than to live in shitcago? i dont wanna live in shitcago, but working at cboe looks like it would be the shit
Bentley Williams
Damn I talked to someone here about the M&A craze in biotech Today, 2 potential deals : - partnership betweeb Bluebird and Celgene - Takeda buying Shire
Adrian Ward
But do keep in mind that the tax changes only came into effect in like January, I think. We'll probably see their impact in 2018's Q1 earnings, but not 2017's Q4 corporate profits.
excellent observation elon doesnt actually do anything. but people LOVE giving him money whenever he comes up with some new fancy idea that wont be ready for production for another 15 years. that stock is where it is entirely on the back of massive speculation.
HOL UP when were those sales from? hes pulling out 65 mill at the same time as hes under suspicion of insider shit? what in the flying fuck is he thinking
except he declared his intention to sell many months in advance
Anthony Morris
im rolling my puts, thats for sure
im suspicious that he knew this was coming for months honestly. as soon as eric schmidt stepped down, i knew something was up. if i know, you can be damn sure zuck knows.
Levi Gomez
Dis nigga has been selling all along, not a Single buy transaction.
It is stated in TSLA 10-K that Musk is not devoting himself to the company So a bullcase might be that he declared publicly devoting 100% to TSLA Besides, since everybody and their mothers have been shorted TSLA, I wouldn't touch this crowded trade
Austin Thompson
That's enough meming Europe. The big boy markets are about to open
Nolan Cox
do you have any pictures of how far back hes been selling off big chunks like that? with dates?
good point. but they are next on my kill list. elon look out
Angel Sullivan
if TSLA losses access to the bond market in any significant way there's a real chance they go under
they burn through so much cash the US gov is jealous
if you feel bad about your holdings, at least you don't own EDGE, good ole 85% gapdown
Landon Watson
Yes, this has been the arguments of TSLA bears for ages And it is totally sensible But TSLA has been defying logic and common sense for such a long time that my scenario wouldn't surprise me one bit
Austin James
why dont you just go to finviz and look for yourself
Gabriel Miller
yeah what was the stat on that? like a million dollars every 5 minutes? it might even be more ridiculous than that, i have no idea
either way it looks like the dons got his sights set on fucking with bezos. AMZN is next.
Joseph Gomez
didnt know you could see that shit on finviz senpai. i just use it as a scanner from time to time when im not at my computer
