They had a solidly bad q3 earnings report which made the stock price tank 16%
This blog is geared towards improving my trading knowledge and recording my trades. I am not licensed to give financial advice. Trade at your own risk. It is your fault for losing in this money game.
Thursday, October 29, 2015
Wednesday, October 28, 2015
Anthony Robbins
He has good quotes.
We have plenty of information, but we are desperate for wisdom.
Sir John Templeton made his money during maximum pessimism.
People think good things will last forever. People think bad things will last forever.
Tuesday, October 27, 2015
Jet blue
JetBlue Airways Corp (JBLU.O) said Tuesday it will make less money per mile in October than it did a year ago, sending its stock into a tailspin as investors fretted that sales would slow after bucking industry declines.
Shares fell as much as 9 percent even as third-quarter profit more than doubled from a year earlier to $198 million, beating estimates.
More nervousness. A big crash must be coming soon. People are selling on good news!
I have no clue why anyone uses it but twitter is a big internet site.
Their q3 report was basically good but since it wasnt amazing like how the analysts predicted, the stock tanked 13%.
People are stupid, and scared.
Nervousness
Alibaba has a good report, they jump up 8%.
Ford has a slightly bad report, they fall 5%.
The share price movements are because of fickle demand, not changes in valuation of the companies.
Sunday, October 25, 2015
Pboc
Since the peoples bank of china lowered their interest rate to stimulate their stock market, a few big name stocks pushed up around 8-10%
One article said the market 'went wild', but overall its been a small up day. Excitement over nothing.
Sp500 is almost back to its all time highs, filling the 10% drop. Probably gearing up for another big drop since people have no stable confidence.