(Total Views: 324)
Posted On: 09/05/2019 2:46:05 PM
Post# of 36549
I wish it would stay there and not get filled at $2.13, since that makes all my other shares worth more. Alas I think it will touch $2.13 again today, so I am staying there.
I'm kicking myself for selling my Apple calls yesterday. Would have made $5800 more today with the early move. I think the overall market is overbought and will have a pullback. Earnings are not beating as expected and 2020 estimates are coming down some. With the new "tariffs" taking place and our president thinking China is paying that to the US, there is a disconnect and at some point companies can not continue to absorb the tariffs (not china paid) and will have to pass onto the customer (you and me). So earnings are going down with companies absorbing the tariffs and soon they will pass the add'l ones onto the customer. Of course this is all my opinion.
I'm kicking myself for selling my Apple calls yesterday. Would have made $5800 more today with the early move. I think the overall market is overbought and will have a pullback. Earnings are not beating as expected and 2020 estimates are coming down some. With the new "tariffs" taking place and our president thinking China is paying that to the US, there is a disconnect and at some point companies can not continue to absorb the tariffs (not china paid) and will have to pass onto the customer (you and me). So earnings are going down with companies absorbing the tariffs and soon they will pass the add'l ones onto the customer. Of course this is all my opinion.
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Disclaimer: Of course, all of this is my opinion and you should not make any investment decisions based on my opinion. I have not received any non-public information.
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