Both AAPL & BIDU on afterburner!
Simply amazing, particularly AAPL - being the big stock that it is.
I have no doubt that AAPL will see $200. Absolutely no doubt. Just not tomorrow.
BIDU has jetfuel ready to launch to the stratosphere! I tagged this one with a target of $1,000 and i believe it will get there. Will BIDU do an ISRG tomorrow, with a 50-60 point gain? If you're not in already, you're late to the party. So you should only buy the dip or decide whether it will get a second day run by watching the close (as well as the general market). It needs to stay above 216 to move higher.
I have no doubt that AAPL will see $200. Absolutely no doubt. Just not tomorrow.
BIDU has jetfuel ready to launch to the stratosphere! I tagged this one with a target of $1,000 and i believe it will get there. Will BIDU do an ISRG tomorrow, with a 50-60 point gain? If you're not in already, you're late to the party. So you should only buy the dip or decide whether it will get a second day run by watching the close (as well as the general market). It needs to stay above 216 to move higher.
posted by beanie11111 | 1:04 AM
75 Comments:
By the way, solar stocks are in correction mode right now. It's not the time to buy. As long as the alternative energy sector hasn't really take off in a big way, these stocks will move up big and then correct big (but they should generally trend higher).
Lucky I sold the AAPL put before the earnings.
Thanks to someone who commented, "I will not short AAPL"
beanie so i have bidu calls to expire 8/7 how shall i handle this?? do i sell and rebuy or do i exercise options?? this is my first time for the options
i know i should wait until tomorrow and i should know what to do --
richard,
8/7? You mean 8/17.
Just sell 1/2 the calls in the morning and hold the rest.
BIDU's earnings were spectacular and the float is still low.
beanie..
thoughts on CSUN....jumped in @ 12.50 and holding
thanks beanie this is really exciting to me!!!!
>Thanks to someone who commented, "I will not short AAPL"
It seems that guy was me :) I am happy that it helped :)
great calls on AAPL and BIDU!
Anyone up for CROX?
thanks!
aymon
Beanie,
What do you think about buying aaple on the dip just like bidu. Not worth it?
Thanks
anon,
i think you should stay away from AAPL for the time being.
FUTURES DOWN 100
does anyone know exactly what is causing this futures carnage?
Credit Crunch - the news on the Boots and Chrysler inability to finance their deals.
See Bill Gross's August article:
www.pimco.com
and read Roubini's articles at
www.rgemonitor.com
(no membership needed for many articles)
They were both waiting to see outcome of these two deals to test severity of credit crunch and it came yesterday.
Just my opinion.
Come to me DOW 12900
...more comment on credit crunch...
see
www.billcara.com
IMHO,
put stops on all positions and be very careful today...it could get nasty.
Daily beanie11111 reader.
Who knew Bill Gross was a closet commie?
Seriously, he makes some decent points about junk credit not getting paid for its risk, but that's a liquidity issue, a global capital issue, not a "the rich aren't getting taxed enough" issue. What a sanctimonious jerk.
When he's the first (along with that other hypocrite, Buffet) to send an extra check to the gummint, I'll take his bs seriously. Until then, he's as good a mouth piece for the powers that move this market as you'll find.
Yeah, he's looking out for you, little guy.
HUH?
Did you read the first half of the piece, or only the second part (which admittedly, was worthy)?
Geez, you read the "about" on Bill Cara?
Distribution of wealth?
Yet, like most hypocritical libs, he's moved from high tax Canuckistan to the Bahamas.
Amazing. (not)
YGE: it was a nice call, Beanie :)
Beanie have any thoughts on akam? Over-reaction on not beating earnings. I think good buy at mid 30s?
Solars holding up.
Interesting....
"Leaders lead."
Come on Dow, you dont have to come to 12900 today
HEHEHEHEH
start buying stocks!!!
which stocks, beanie?
Hmm..Start buying? May be...but to lower your risk, shouldnt you wait till the end of day?
Why not wait and see what futures look like tomorrow a.m. The credit crunch thing-y is not an overnight deal.
or maybe we should wait...
arun,
CELG is a must own.
buy list right now:
CELG
EMC
INTC
NYX
SNDK is a buy too
What is happening with MER? I am bleeding on it. Should I hold it? Will it come back to higher 80's in future (6mo-1yr)? Thanks.
Gose--
I've got pretty decent support (DIA) at 13450, and even better at about 13200-30.
I can't for the life of me figure out where you are getting 12900 though?
the permabears are a bunch of jokers.
Jake Go away again. Keep your word and leave this blog please, things had been a lot better with you gone. Why can't you find another place to hang out?
worst week I've ever had! now wish i had listened to 'West'. haven't seen action like these past 5 sessions since summer of '02. I was in cash that time, don't expect this when indices at multi-year and/or all-time highs. I got caught and getting creamed.
have a good day all, not going to post anymore today.
Beanie,
COP at down to $81.86. Is it good time to buy?
wow..breathtaking
Whos your daddy...
beanie11111 said...
start buying stocks!!!
Thu Jul 26, 11:36:00 AM EDT
gosu said...
Hmm..Start buying? May be...but to lower your risk, shouldnt you wait till the end of day?
Thu Jul 26, 11:41:00 AM EDT
beanie,
what does your trend strategy say about playing CROX's earnings tonight?
Thanks
aymon
lvlt ripping me a new one today...
Bill, do not be mad at me - I hate being a short.
Right now we have a Grand Super Cycle Top. The dates are January 2008 and July. The 1929 crash and 1966 tops were the last two of these.
Also we have a Kitchin Cycle finish - 4 year cycle.
On top of this I see a Three Peaks and a Domed House Pattern playing out.
We should see 13475 bottom, rally back to 13670 area then a major fall in August down to 12,000 - another rally and by year end 10K or lower.
Then a new 4 year cycle is born.
I trade full time for a living, I have studied technical markets for over 15 years and have read every book there is too read.
If you never want me around again I understand, but understand I am just trying to help is all....markets have cycles - like nature.
The folks on this site are the best, sorry if I pissed you off, not my intention at all, I only want to be helpful. I am a cycle expert. I have studied market cycles for that entire 15 years. They are real.
West
b serious. 10k by end of year? good one....
TIME TO BUY STOCKS!!!
aymon,
i can't game CROX. No mention from both shows and CROX is not exactly a wildly popular stock. Or maybe it is. If you think it is a wildly popular stock, go long. That's what my thesis would say.
I own none.
When all else goes to hell, you know the drug pushers still wins.
Buy CELG.
ok i am wrong. It is NOT time just yet to buy stocks.
lol
This is just pure unadulterated panic. There's no reason for this. A correction is due yes, but this is FEAR.
When the crowd is panicking there is nothing you can do but to hold the door for them as they rush out.
AKAM:
no reason for this to get slammed like this. I think it's worth nibbling in some.
DOW 10k?? Do you know how ridiculously bad earnings would have to be for that to happen? What is your catalyst for such an event other than mumbo jumbo talk about "cycles"?
DOW 12900 is when you start buying.
Not all at once, but slowly and steadily.
This is just unbelievable:
Russell 2000 is now negative for the year
Phew!! Who would have thought that!!
This comment has been removed by the author.
How about APA? Should I give it up here, rather than hoping for reversal soon? (I'm long the stock.)
thx
I would wait to jump in as the S&P 500 is in danger of breaking down the intermediate support at 1,480.
Once the support is taken out decidedly, another big leg down will likely follow suit.
Now, SPX 1,480 is being violated. Let's see how it closes.
i think after hours goes up huge
zee
GDP 3.5% report Friday, rescinds all other news, dow up 200 tomorrow...
XBD hit my target 227....that’s the bottom, folks
BUY BUY BUY BUY!!!!!!!!
Man look at ICE holding at 0.61 fib 141.8 just as I predicted
I bought the aug 40 puts on NVDA. Will hold thru earnings august 9th.
You might want to see a bounce before buying those puts.
GOod luck.
SPY in the 146s and youre not buying? Are you nuts? This IS the correction I”VE been talking about....IT”S over... BUY BUY BUY
So, strategy question here for y'all.
I have some cash to buy at the end of today, but am looking at my current holdings looking to see what i can trim to get more cash.
I'm looking at my MO. I have some that i was hoping to sell at 70... its been hanging around 68-7 in the last few weeks. Feels like dead money. Today it down, but only 2%. Even if it pops up tomorrow, it's not going to be by that much. Where-as GS, NYX, GLW, APA, SHLD, and LVLT all been given the smack down, and if there is a reversal tomorrow, should have legs.
Or is that foolish? Taking money out of a stable stock, and plugging it into more volitale area means i'll get burned bigger if we continue the downward spiral?
WHAT A DAY !!!!!!:(((((
This looks like a trader's market with a clear trend - down....so short term trade or use the ETF's that short the market.
Buying TSO, SUN,BNI,NUE,SHLD,NYX=RETEST 72.5,
Interactive Brokers sending information about "Circuit Breakers".
This is the FIRST TIME I HAVE SEEN IN 10 YEARS IN TRADING
New official recommendation!
www.beanie11111.blogspot.com
BUYING GS,BSC,CTX,NMX,MGM,AZO,BTU,ATI,X,ETR,IYR,XHB,XLF,
Beautiful list zee.
I would just wait till EOD to see any opportunities.
Alright all my calls up 8% ...bought at the bottom, that’s why
zee is the man!
West,
You should not feel bad about posting here on this day or any day. Your imparting important analysis, and, right or wrong it can at least be synthesized.
Which is more than I can say for the "anonymous" chicken scheiss tomfoolery that dominates.
BTW -- all Bill said was that he'd wished he'd listened to you. Quite a compliment I'd say.
Best to you.
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