So if you’re an Amazon shareholder or really, if you’re long stocks in general, just consider what’s going on here.
Who knows! That’s the fun of it, right?
It was only fitting that the quarter should close in dramatic fashion for U.S. equities.
It should be fine. Really.
…so buy that dip!
“Tremendous” things are happening.
“The rubber band is stretched, but keeps getting pulled back farther and farther.”
The new edition of BofAML’s Global Fund Manager survey is out, which means we get a fresh look at what folks told Michael Hartnett about the “most crowded trades”.
In terms of news flow on Tuesday, everything took a backseat to Facebook and the worsening Cambridge Analytica scandal, which is spiraling rapidly out of control.
Whether that’s a good or bad thing for society is an open question and largely depends on how regulatory action is justified and who it is that’s doing the regulating.
Boy, you morons are a fickle bunch, I’ll tell you what.
Here we are a day on from some Facebook-induced market mayhem and it looks like everyone is in wait-and-see mode. Who can blame them?
Monday was a train wreck from start to finish.