The FAANGs are screaming, and woe to any trader who attempts to resist the charge. However, the broad averages lack the gumption to follow even timidly and will likely act as a brake on the insanity that has been driving NFLX and AMZN in particular moonward. However steeply these two stocks rise, they are still very targetable, even precisely so. Check my latest trading ‘touts’ to see where their respective rallies could conceivably fail — and where to take the odds.
FAANGs to the Moon!
- June 21, 2018, 6:40 pm
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June 21, 2018, 9:47 am
Netflix is nuts signing political persons such as they recently did the Obama’s.
1/2 of its sales are now gone, as 1/2 of the nation hates them, just look what happen to star bucks as its CEO had continue to be a political hack of sorts.
http://www.businessinsider.com/why-trump-supporters-boycott-starbucks-2017-2?r=UK&IR=T
Once you drive into that ring say bye bye.
…More important you now have another drug company in the INDU as GE is leaving. Observe the trend in leadership, drug companies (dope pushers), Social Media galore run the field as towards investment.
Social Media, Hollywood are large money laundry operations, the recent pull away from globalization is an axed to them. 1 maybe 2 movies/TV shows etc. a year make a profit covering everything else. No such business would ever make it in real life. The trend in hating will rise ‘Social Media’ is initiating a world wide problem and as Al Capone was put down for bringing the focus to the business nearing the end of of this trend Congress will act on the entire sectors. The take down of large companies and persons of wealth and fame may be truly historical in the end.
Corruption is rampant.
Have a great day today Rick,
06 21, 2018 =
6+2+1, 2+1+8
9 ,11
Rick, it is great to see you back on the KE report and back on this site. There are very few market commentators in your class. Best of luck with what you have coming up.
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Thanks, Chuck. It’s good to be back.
R