Parabolic move is what we are witnessing..8-2020

Discussion in 'Trading' started by Rickshaw Man, Aug 26, 2020.

  1. S2007S

    S2007S



    No argument. Just goes straight


    They were on the brink of bankruptcy!!!!!


    Like I mentioned Microsoft gave them $150 million to help them from going under.


    It was a worthless company


    Read the article and comprehend that apple was nearly bankrupt


    Apple Is Worth $1,000,000,000,000. Two Decades Ago, It Was Almost Bankrupt.






    https://www-nytimes-com.cdn.ampproject.org/v/s/www.nytimes.com/2018/08/02/technology/apple-stock-1-trillion-market-cap.amp.html?amp_js_v=a3&amp_gsa=1&usqp=mq331AQFKAGwASA=#aoh=15989564574930&amp_ct=1598956470818&referrer=https://www.google.com&amp_tf=From %251%24s&ampshare=https%3A%2F%2Fwww.nytimes.com%2F2018%2F08%2F02%2Ftechnology%2Fapple-stock-1-trillion-market-cap.html
     
    #191     Sep 1, 2020
  2. S2007S

    S2007S

    Yep a huge value proposition, cutting their workforce and 90 days to bankruptcy.

    Find me a company right this second, 90 days from bankruptcy and let's see you sink tens of thousands of dollars into that failing company.



    SAN FRANCISCO — In 1997, Apple was on the ropes. The Silicon Valley pioneer was being decimated by Microsoft and its many partners in the personal-computer market. It had just cut a third of its work force, and it was about 90 days from going broke, Apple’s late co-founder, Steve Jobs, later said.
     
    #192     Sep 1, 2020
  3. Overnight

    Overnight

    Don't you know basic maths? A 25% drop in NQ right now would look almost exactly like the March drop.

    3,000 point drop would not show up in that chart? Huh???
     
    #193     Sep 1, 2020
  4. themickey

    themickey

    S2007S is funny :)
     
    #194     Sep 1, 2020
    luckyfnlou likes this.
  5. S2007S

    S2007S


    Right now a 25% drop would put it around 9000 which is still quite high from march lows. Aside from that when the 25% drop comes it will be years and years away in fact it will never ever come meaning a 3% pullback will feel like a depression when it comes
     
    #195     Sep 1, 2020
  6. S2007S

    S2007S

    Futures already starting to climb. By Tomorrows opening nasdaq 12,000!!!!


    US 30
    28,675.0
    DERIVED
    20:03:46 | Futures
    +53.0 +0.19%

    US 500
    3,533.88
    DERIVED
    20:03:45 | Futures
    +6.88 +0.20%

    US Tech 100
    12,357.25
    DERIVED
    20:03:46 | Futures
    +44.75 +0.36%

    Small Cap 2000
    1,581.30
    DERIVED
    20:03:49 | Futures
    +1.20
     
    #196     Sep 1, 2020
  7. S2007S

    S2007S

    Could just imagine how the futures will be looking by the open if they are already in full rally mode this second.


    US 30
    28,701.0
    DERIVED
    20:58:03 | Futures
    +79.0 +0.28%

    US 500
    3,538.88
    DERIVED
    20:57:40 | Futures
    +11.88 +0.34%

    US Tech 100
    12,396.00
    DERIVED
    20:58:09 | Futures
    +83.50 +0.68%

    Small Cap 2000
    1,582.75
    DERIVED
    20:58:06 | Futures
    +2.65 +0.17
     
    #197     Sep 1, 2020
  8. Overnight

    Overnight

    They are off those highs at the moment, but that NASDAQ/NQ looks terrifying. The FACK is going on with tech. Good grief.
     
    #198     Sep 1, 2020
  9. S2007S

    S2007S

    US Stock Market Cap to GDP Ratio at 190%%%%%%%%%%%%%%%%%%, Eclipsing Dot-Com Bubble!!!!!!!!!!!


    Tuesday, Warren Buffett favorite market indicator stood at 186.2%, up 11.1% from the revised value of 175.1% on Aug. 5.




    Just incredible to see these kinds of facts.
     
    #199     Sep 1, 2020
  10. Overnight

    Overnight


    HAH! Just wait until we have a vaccine and people get back to work instead of rioting, and our GDP goes positive again!
     
    #200     Sep 1, 2020