@Ultrahisham:4165 must hold! The markets are taking a beating. And the feeling is everything is falling. That sounds good to me. I believe the bottom is in for now. Technically, this look like the completion of the 'incomplete pattern'. The fifth wave is finally in especially for the Nasdaq. So it looks like the fifth wave of fifth to me. As such, the snap back will be strong from these levels. I am looking at 4165 on the broad market as the pivot. If that breaks, I will swing to the bearish camp which means the recent top was it and we have started the C wave down. Defend 4165 and we might be in for another final swing up to complete the B wave before the C wave down. As such, 4165 must hold for a year end rally. That is my thesis. Defend that and we are rallying into the year end. I
@blinkix:$Silvergate Capital(SI)$ the whole regional banking sector, the crypto sector, entire sectors are under fed investigation lol. Seeing as how SI didn't need a bailout, I'd say KKR would find Silvergate as possibly the most responsible and well managed bank in a sea of unhedged, wild west buckaroos right now.
@predator007:Spring break is starting, this is going to be big this year for Disney. First time in 3 years people can visit parks and see movies without (as much) fear of catching Covid. Pent up demand = back pay for 3 years.Glad to see that layoffs will bring back the dividend for share-holders. It is also a great way to "clean house" at the mouse house, probably long overdue. This is a ray of light IMO, it will take time to shine through. I hope this crew of three survive the cut.$Walt Disney(DIS)$
@BaronLyly:$Microsoft(MSFT)$ The inflation peaked in June 2022 and continues to subside consistently. You’ll never know, but we may be in the beginning of the bull market. MSFT is good long term investment! Ignore short term moves. Azure is doing good. Could become widely used like Ms office! Bright future! They should increase dividend a bit.
@historyiong:I am seeing big tech as a great beta right now. This is almost like 2010ish for big tech in my opinion..Balls deep!!! 2023 will recover people out of their mines not buyingWhat's the Free Cash Flow picture of MSFT looking like? 😂It's up 10% in past 60 days, relax.Just trade safe guys.$Microsoft(MSFT)$