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MDawg
MDawg
Joined: Sep 27, 2018
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April 27th, 2021 at 10:24:33 AM permalink
I did one trade only today, AMZN 3416 to 3421.

As far as why TSLA dumped (and continues to dump today), notwithstanding beating on earnings and revenue, with solid delivery numbers, the street is concerned that most of the EPS is coming from bitcoin profits and regulatory credits.

What it comes down to - is that the stock market is governed by emotions. For whatever reasons, the emotions of TSLA traders interpreted the news negatively, at least for now.

Still, it's not exactly a cataclysmic drop, especially considering that we are still over 700. I'd look for this to drift back over 800 after some of the suckers sell out.
I tell you itís wonderful to be here, man. I donít give a damn who wins or loses. Itís just wonderful to be here with you people.
MDawg
MDawg
Joined: Sep 27, 2018
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April 27th, 2021 at 10:26:12 AM permalink
AMZN meantime, has been popping since yesterday not just based on earnings ramp up excitement, but rumors of a stock split.
I tell you itís wonderful to be here, man. I donít give a damn who wins or loses. Itís just wonderful to be here with you people.
DRich
DRich
Joined: Jul 6, 2012
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April 27th, 2021 at 5:12:33 PM permalink
Quote: MDawg

AMZN meantime, has been popping since yesterday not just based on earnings ramp up excitement, but rumors of a stock split.



I never understood why people assume stock splits are good. Especially now with fractional shares available.
Order from chaos
MDawg
MDawg
Joined: Sep 27, 2018
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April 27th, 2021 at 10:24:20 PM permalink
After a stock split of an industry leader like TSLA, NFLX, AMZN, AAPL, etc. the stock tends to go back to where it was per share, notwithstanding the split, which translates to a poop-ton run up.

Why? Who knows why people look at it that way, but I recall all the mornings I would wake up and my NFLX that I bought and have held continuously for about a decade now if not longer JUMPED.
I tell you itís wonderful to be here, man. I donít give a damn who wins or loses. Itís just wonderful to be here with you people.
SOOPOO
SOOPOO
Joined: Aug 8, 2010
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April 28th, 2021 at 9:14:43 AM permalink
Trading TSLA. 30 shares at 697. Selling 1/3 at 699 and 2/3 at 702. I hope....!

Edit.... so I own G (Genpact). Up around 7% today. Why? Better earnings? No. Better revenue? No. Better estimates for those in the future? No. Any news about the companyís products, efficiencies, hiring, acquisitions? No.

It is being added to the S & P mid cap 400 index. Thatís it. It is stupid!!!!
MDawg
MDawg
Joined: Sep 27, 2018
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April 28th, 2021 at 10:07:40 AM permalink
You should be fine with the TSLA trade.

Any stock that becomes part of the S&P roars. TSLA is an example. Partly hype, also merely that fund managers must then buy it.
I tell you itís wonderful to be here, man. I donít give a damn who wins or loses. Itís just wonderful to be here with you people.
MDawg
MDawg
Joined: Sep 27, 2018
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April 29th, 2021 at 7:51:00 AM permalink
You're going to see some volatility in AMZN leading up to the bell, but again - no one knows! no one knows!
I tell you itís wonderful to be here, man. I donít give a damn who wins or loses. Itís just wonderful to be here with you people.
MDawg
MDawg
Joined: Sep 27, 2018
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April 29th, 2021 at 9:29:32 AM permalink
Trading: AMZN 3455 to 3459.

Do NOT let go of your long term AMZN shares...ever.
I tell you itís wonderful to be here, man. I donít give a damn who wins or loses. Itís just wonderful to be here with you people.
MDawg
MDawg
Joined: Sep 27, 2018
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April 30th, 2021 at 4:42:25 AM permalink
AMZN carries the day! But not enough to carry the Nasdaq, at least not yet....
I tell you itís wonderful to be here, man. I donít give a damn who wins or loses. Itís just wonderful to be here with you people.
MDawg
MDawg
Joined: Sep 27, 2018
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April 30th, 2021 at 9:37:15 AM permalink
Trading: AMZN 3508 to 3515,

Lot of easy trades available on AMZN today.

As stated, NEVER sell your long term AMZN shares though. Hodl just like bitcoin.
I tell you itís wonderful to be here, man. I donít give a damn who wins or loses. Itís just wonderful to be here with you people.

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