NoFate

A Bear Market: Where Good News is Punished

When Financials sell more shares to foreign countries at a discount it DILUTES the current shares. Of course they drop!

And 70% of company stock price movements are determined by the rest of the sector and the economy. If Intel can't sell enough chips, then plenty of other tech companies ain't gonna have good quarters either.

If you are long, then sell. The market is telling you that your thesis is wrong.

Are You an Investor or Gambler?

Investing involves knowledge and experience. Pure gambling does not.

On average a gambler loses money over time and an investor accumulates money.

I would argue that a world class poker player is more of an investor than the average stock speculator.

Anyway, the rest of this discussion is a red herring in my opinion.

Friday's Profit-Taking a Prelude to a Positive Earnings Week

>> Friday's pause was seen as healthy profit-taking with a very cautious undertone.

By who? You use such nuanced words it sounds like you are describing a fine wine (a fine whine?).

What will drive prices higher?
- The Q3 earnings growth for the S&P estimated now at -1/2%?
- Maybe the Q4 estimated growth of 12%! If you buy into this I have a bridge I'd like to show you.
- Tech can only take you so far...

We are going into a slowdown and stocks are over valued based on past unrealistic peak earnings. Any bump they get will be short lived from here...