Oh it's bloody out there user34. There is no doubt about it. Fear everywhere. Exactly why stocks are on sale. If it gets uglier, I will buy more.Quite honestly I am looking for things to settle down as we draw closer to September. How much more bloodshed do we need to see? Corrections happen.
Last edited by MUSCLE13; 08-22-2015 at 10:54 AM.
I'm not so sure things will settle down into september, not unless Yellen or someone out of the fed comes out and sort of "pre-announces" a delay of any expected September rate hike.Originally Posted by MUSCLE13
Oh it's bloody out there user34. There is no doubt about it. Fear everywhere. Exactly why stocks are on sale. If it gets uglier, I will buy more.
That said, i'd love to see the volatility settle down going into September, as i am long Sept $15 puts on the VIX @ $.60.
Last edited by user34615145; 08-22-2015 at 01:23 PM.
It's going to get worse across the board. Save your cash for the big Stock Sale!
Sirius XM Holdings (SIRI) Is Today's Roof Leaker Stock
" 'Roof Leaker' stocks are worth watching because trading stocks that begin to experience a breakdown can lead to potentially massive losses. Once psychological and technical resistance barriers like the 200-day moving average are breached on higher than normal relative volume, the stock may then be subject to emotional selling from investors that can continue to drive the stock lower. Regardless of the impetus behind the price and volume action, when a stock moves with weakness and volume it can indicate the start of a new, potentially dangerous, trend."
http://www.thestreet.com/story/13263...ker-stock.html
Media Stocks Are In “Purgatory” Analyst Says In Sector-Wide Downgrade
http://deadline.com/2015/08/media-st...de-1201503172/
Media stocks meltdown: who are the winners and losers?
http://www.usatoday.com/videos/money...8/21/32127855/
THE NEWS IS ROLLING IN!! It's going to be very interesting come Monday morning. I wonder if the retail investor panics looking at their accounts over the weekend?
Disney And Other Media Stocks Tank As Analyst Declares, 'The World Has Changed Too Much'
http://www.forbes.com/sites/maggiemc...nged-too-much/
Had a chance to communicate with SF...bottom line...he seems to not be all that worried about siri...he is just standing pat. Like i said earlier...worse thing you can do is panic. Good luck all.
At $3.50 I will be selling Jan16 $3 puts for $.10 or $15It's going to get worse across the board. Save your cash for the big Stock Sale!
Interesting play, user. Was it you that mentioned that Faulkner bot a chit load of August 21 $119 Apple calls? They expired worthless yesterday. He lost ALOT OF MONEY. Damn.
If it wasn't you, it was someone in here. Maybe it was him and he deleted it. Who knows.
Last edited by midas360; 08-22-2015 at 03:47 PM.
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