You've got about a month or so to buy stocks before they will go down. Robin Griffiths, the chief technical strategist at the ECU Group, says the Dow will peak on March 23, just after lunch:
However,several analysts told CNBC Monday that the rallies, including the 7.2 percent surge on the Nikkei and a two-day rally across European stocks, are only temporary moves in a prolonged downward, were only temporary.
The Dow Jones Industrial Average , for example, will hit its peak on Wednesday, March 23rd, Robin Griffiths, the chief technical strategist at the ECU Group told CNBC. To be more specific
Donald Trump says Wall Street banks need to fight harder against lawsuits and not settle so easily. Trump also says that all those regulations from Dodd Frank need to be repealed. So is a vote for Trump a vote to make Wall Street great again or is it the path to another financial crisis in the future? I wonder if Trump would loan out some of his attorneys to make all these lawsuits against Wall Street banks miraculously go away...?
Remember when Netflix sent DVDs in those red envelopes in the MAIL. Yes, the mail. And they still do to some people, but surely an increasingly smaller and smaller number. But I bring this up because that was the time to buy Netflix shares. Yet how did you know they were going to pretty seamlessly transition to the web and start to create their own content, like "House of Cards"? You had to believe in the stock and Reed Hastings.
Now, while Netflix does have competition, they are building a strong brand and customer loyalty. What's more, they're creating content that's
Fitbit stock has taken a beating the past few months, trading down to around $14 when it was near $50 a share six months ago. Perhaps Salesforce CEO Marc Benifoff saying he owns 5.3% of the company will help it find a bottom.
Reached out to former professional baseball player and savant tweeter Jose Canseco to see if he was buying oil yet, after it traded near its 13 year low today. Canseco says no, oil is going lower due to increased supply. He lays out some pretty good reasoning in the tweet below.
When will Jose Canseco appear on CNBC, Bloomberg or Fox
If only more CEOs on Wall Street were like Herbjorn Hansson
, CEO of Nordic American Tanker. Just take a listen to him in the video below. He speaks candidly. He's not borrowing too much money, he cares about the employees on his ships, and he cares about the environment - doesn't want any of his tankers to crash, of course. No wonder the stock went up as he spoke on CNBC.
However, what am I missing about the dividend, which seem absurdly high at nearly 15%....? I wish they'd asked Herbjorn Hansson about that.
What does Steve Ballmer think about his Twitter Investment as the stock continues to sink? When Ballmer bought his 4% stake in Twitter the stock was trading near $30 a share. Now of course it's been cut in almost half, trading close to $15 a share with a big earnings call on February 10th after the market closes.
There's a lot of eyes
In the stock market, if it's too easy it probably is.
When buying stocks, if something comes right to you like it's served up on a platter to smash for a home run, then it's probably too easy and too good to be true.
, remember when they were the leading free app just after Christmas, and the stock seems like a sure buy? Well, it's only been cut in half since then.
Remember when oil couldn't go lower? It went lower and lower.
Remember when the Fed was going to raise interest rates and that would be
When will Amazon start making money...? Well, Amazon does make money but nearly as much as they should or could or someday will. But will that day come...? Sales for Amazon are going start up on the chart below but the net profits line is nearly flat.
Right now, all Amazon cares about is growing in size and getting you products faster and faster with Amazon Prime. I guess the idea is that once they take over every market they'll have a monopoly and then they can start raising prices when everyone else is out of business....is that Jeff Bezos' plan
Facebook just had an amazing quarter, with the stock shooting past $105 a share in the after hours, but Matt Drudge of "The Drudge Report" thinks Facebook's stock will crash hard and it will be "horrific". Drudge usually deletes his tweets so posted the picture of the tweet and the text below. I wonder if Drudge knows that Facebook owns Instagram, WhatsApp and is getting into virtual reality soon via the Oculus VR?
"FACEBOOK made $1.62B in profit yet company is worth $275B?! $40 for every human on Earth! Crash will be so horrific"