Comments on: Stock Market Analysis & Trade Ideas 6-15-20

By: jorgemmc

jorgemmc — Mon, 15 Jun 2020 19:55:36 +0000

If I understood correctly, Randy expects ZM to drop along with the market. Wouldn’t it be the opposite? If the Covid situation gets better, it means more people going back to work, hence demand for Zoom dropping. I get the technical picture, I’m just curious on the fundamentals.

By: Kostner

Kostner — Mon, 15 Jun 2020 18:53:23 +0000

Congratulations the US Corporate Bond market is officially nationalized. Take on as much debt as you want so as to buy as much stock as you can and don’t worry if the economy turns south the FED will come in and rescue your ass just in time to sell all your stock and leave with your stock options. The FED has a whole list of ways to jaw-bone the market at every downturn. Let’s see how long these Zombies can stay solvent! as the FED burns our cash.

By: rbreckner

rbreckner — Mon, 15 Jun 2020 17:47:26 +0000

@rsotc - what do you think about long CRON? I see positive divergences on the hourly, daily and weekly timeframes... also looks like it just broke out of a small falling wedge...