The stock market is still in a bear market and has high volatility. That is why we are accumulating stocks right now and do not trade options. This market is not good for a small account, so we must wait before we resume trading. Until then we will just accumulate. Accumulation phase The Continue reading →
Netflix (NFLX) isn’t dead despite Wall Street’s gloom and doom
Netflix (NFLX) reported a decline in subscribers in the second consecutive quarter. And Wall Street is panicking and predicting the end of the company. Everybody – Youtubers, talking heads on CNBC, Facebook, Reddit is now bearish and talking about the gloom of Netflix being dead. Everybody has a solution now and everybody knows what to Continue reading →
What’s with the AT&T (T)?
Wow, AT&T (T) crashed this morning more than 25% after the spinoff was finalized over the weekend. But then, the media told you that AT&T rallied almost 8% after the spinoff. So, what is wrong with this chart? How can the stock open below $19 a share when it closed above $23 a Continue reading →
The end of PCBT
Now it is official. After a few delays, the MTB bank took over the PBCT bank. The PBCT bank was my darling and stock I started buying in the early days of my account rebuilding process. Little by little I was buying a few shares here and there until I reach 100 shares. Then I Continue reading →
Meta spooked the markets, will Amazon lift it?
As expected, Wall Street puked over former Facebook, Meta, that dragged down everything that looked like a tech stock from a very far distance. And now, the question is, will Amazon lift the market? It is easy for panickers to throw away everything including their underwear, but difficult to jump back in. Some don’t even Continue reading →
Facebook missed… Wall Street pooped 20%, and tomorrow may be an S&P 500 selloff
Apple and Google shined while social media such as Facebook, Snap, and streaming providers like Netflix pooped. These “distractions” providers had something in common: a loss of users growth or users engagement growth. But the problem is that Wall Street is looking at these companies through the lenses of the 2020 Covid era. People were Continue reading →
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