It's better to wait this one out. I am not playing this. The Market is a bubble so it Needs to go up, my guess is its going to go up even though they miss.
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I am bullish, even though I have no position. Lets see
Why do you say the market is in a bubble. Everything about the economy is full steam ahead. Earnings and buybacks support stocks at these prices. Growth is what investors are after and companies like Netflix are leading the way... If your worried about interest rates I can understand but I think the Fed is smart enough to slowly raise them and not cause a massive panic. Mnuchin and Trump have the reins of the World Economy and its full steam ahead!
UnknownUnicorn1020621
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@reapper57, 0.o? fundamentals mean 0 shit in stock market lol. Are you new to the market?
reapper57
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@Avasreader, I've been following, trading, investing, and charting the market for 10+ years. To say Fundamentals mean 0 shit in the market makes no sense to me. In your opinion what means shit in this market?
@Avasreader, Netflix didnt make there subscribers and the stock tanked. You were bullish but didn't have the Balls to make a bet and you were wrong anyway.
UnknownUnicorn1020621
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@reapper57, ??? I am not gambling thats why lol. I am a trader.
reapper57
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@Avasreader, Trading, Gambling its all the same. 95% of traders lose money. Best to stick to stocks with a proven business model, great managements, and earnings or revenue growth, dividends are nice too...
UnknownUnicorn1020621
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@reapper57, You are more passive investor. I get it. However its not a gambling. I sent you somethings in the PM.
reapper57
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@Avasreader, I wouldn't say I am a passive investor, I keep my picks to very few and keep to my convictions, so far I have kept up with the market mostly. My grandfather and father always said buy and hold a select basket of quality stocks forever. Keep the trading to the professional hedge fund managers who have an edge. You seem like you know how to chart a stock though. If I had the ability to call up Goldman or one of the big derivatives desks and trade swaps I could see myself trading. But whose got $50 million lying around hahaha.