Amazing rebound
What a day we had! The market rebounded strongly yesterday after it had one its worst sell off in months on Wednesday. It’s just how amazing how overheated market can retrace a slight bit, cool off the indicators a little bit, and push higher again.
After hours, we saw crazy movements from Meta and Amazon. The euphoria may continue into regular trading hours. Stay safe if you remains a short in this market.
After hours, we saw crazy movements from Meta and Amazon. The euphoria may continue into regular trading hours. Stay safe if you remains a short in this market.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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razo2 : keep eyes on kre.
Master Corgi : Pullback expected? Current overbought situation?
razo2 Master Corgi: yeah is overbought but can rally also
杨过20 : Severely overbought, crashes are just a matter of time, calculated in hours... Leave the last piece of meat to the martyrs!
杨过20 : Apple withdrew...
杨过20 : Collapse is a must... In hours...
Veldin 杨过20: Sorry you’re short the market and losing money, but it’s funny you mentioned only Apple when the other tech titans like Facebook and Amazon reported great earnings on the same day. Guess you prefer to ignore data points that make your shorting look dumb
razo2 Veldin: you need to see the numbers in detail. debt fueled earnings isn't exactly bullish. look at other companies earnings. YoY beat for CC true growth, not joking. you think that is good? I am not in debt thank goodness. but if you are good luck.
you get to see my analysis on the weekend for the tech. let's see if you think that will continue or not.
razo2 Veldin: go look what happened back in 2000 and 2008. people no matter what will be bullish until one day something breaks and you will be rushing out the same door as others. hopefully you don't take too much margin, otherwise you have to sell everything at a loss by force liquidation.
razo2 杨过20: is a mechanical market my friend since December last year. everytime people buy puts the MM will buy the stocks to make them expire worthless. have risk on both sides then book gains when technical meets the requirements and profits. the market will not collapse until Biden lose the election. there is already insider information that Trump wins the election, JP will be fired on the same day.