When will tech stocks finally crash?
/smg/ - Stock Market General
Got fucked trying to play CSCO earnings, should I lose money on HPQ or VMWare next?
I was told by a guy on youtube not to gamble with earnings.
>$25 to $173
dear god americans and their market is so fucking retarded
you have these retards hating billionaires while at the same time they're the reason for making them exist by driving stocks up to retard level prices
Just buy a week before earnings, hold, then sell right before earnings.
I say it'll crash, then crab back up.
SHOP seems like its mooning and is about to crash soon. Possible put entry sometime in the future
>those digits
Yeah, you should probably just go to Vegas senpai.
>I was told by a guy on youtube not to gamble with earnings.
That guy was right and your numbers confirm. When you bet on earnings you are not only betting that company will beat and their nav will be good, but also that the chart moves in a bullish way on that good news. I'd like to say the only thing certain about earnings day price action is volatility but you can't even have that. It could be dead flat you don't know.
a reminder that you're not as clever as you think, that 90% of options traders end up losing money, and that you'd be far better off just putting your spare money into index funds