How high can the stock market go before a correction?

[brooks85]

well, it isn't rigged anymore. The price above 100 was rigged and now it is clearly evident.


Disney just made a killer move today, announced Emma watson is going to do a live-action beauty and the beast movie directed by the twilight guy. That movie is going to great.


NFLX looking great also, going past the all-time high.

[ByeShea]

well, it isn't rigged anymore. The price above 100 was rigged and now it is clearly evident.

The price of oil was, is, and will always be "rigged" by widely disparate circumstances - and not by the bunch of Montgomery Burns characters living rent free in your mind.

[brooks85]

The price of oil was, is, and will always be "rigged" by widely disparate circumstances - and not by the bunch of Montgomery Burns characters living rent free in your mind.

No it isn't. Have fun with your conspiracies though, I'll stick with economics, supply and demand, all that crazy stuff.

Right now oil is "artificially low" because of Saudia Arabia. But, it isn't "rigged." Get the difference?

[kidcudi92]

Finally getting clipped on PG/CAT, PG/DD saying strong dollar is major headwind

"PG profit down 31% as stronger dollar hurts sales abroad"

AAPL earnings will be interesting

[boomer62]

Yep, no growth anywhere. Many of these companies been doing well because of zero interest rates and in the mean time for the last 6 years our politicians haven't fixed any of our problems and now Europe going thru QE. Can't keep printing money and raising taxes.

[kidcudi92]

NYSE rule 48 invoked

[brooks85]

The fed certainly accounts for some of the market, how much is anyone's guess but the main reason is other global economies. For years now USA was the best/safest place to invest your money so the whole world did.


I look forward to aapl earnings, going to be fun.

[brooks85]

bought some DIS Jul-17 2015 115 calls at .15, looking for some magic to happen when they report some time in May then sell these

[jjgold]

Deafly looks like a down year in the stock market which is expected and which is good for the economy

[brooks85]

^ very unlikely it will be a down year

$AAPL killing it and still worth more, bought some jan 30 120 calls for some action today, bought more $DIS too after chris pratt indiana jones rumor, makes too much sense

Market is going to get real interesting after FOMC meeting at 2pm est

[boomer62]

What's really screwed up is these multinational co's profits down because of strong dollar! Yet, the people and the consumer benefit by a stronger dollar. Most of the companies forward guidance is lack of growth and don't want the FED to raise interest rates. Zero interest rates is doing wonders for all the older people and savers, lets be like Japan.

[kidcudi92]

Laser Beam Down to 200.

[brooks85]

calls going to expire worthless, stupid too after that ER but market is just too weak after FOMC meeting.

Speaking of, I doubt they are even going to raise rates this year.


also shake shack IPO tomorrow, going to buy.]


Also no reason $FB should be being sold, a tech company spending money and people worried about their expenses even tho every growth metric is great. They lost teen members but gained adults, guess who has more money to spend?


I want to short $MCD too, going to let it run tho because I own some and I knew only a matter of time before a new CEO came in. However, I don't see anyway MCD's makes a change where it doesn't result in loss of market share. People don't want garbage quality food like they used too.

[brooks85]

calls back to life


someone put 3 million on MCD 95.91 march calls

[brooks85]

$AAPL calls go green! 45% gain

shake shack about to open at a ridiculous price

[jjgold]

calls defined risk but I rather trade spread options or sell premium

[brooks85]

taking aapl profits into DIS ER next week, should get a bounce

[brooks85]

^ DIS (Weekly) Feb 6 2015 94 calls just hit 17% and sold


* same calls went back to 0% so I'm back in again

[brooks85]

ISIS attacking kirkuk in Iraq, driving oil up in the short term. Shorting $CLR soon


$PBR is looking good soon

[brooks85]

$PBR up 10%, has a chance to fly past 8 if they clean house, CEO is out for sure

just bought $HK yesterday, cheap energy stock under $2/share

[brooks85]

^ DIS (Weekly) Feb 6 2015 94 calls just hit 17% and sold


* same calls went back to 0% so I'm back in again

+17%

same calls now over 80% and I'm out

the ER after the bell should be huge but strong dollar could keep things inline.

[jjgold]

massive 2 day rally

I think markets about even for year

[brooks85]

damn I should have held on, disney ER killed it

[brooks85]

bought some DIS Jul-17 2015 115 calls at .15, looking for some magic to happen when they report some time in May then sell these

up 115% , magic came sooner than I expected

[jjgold]

Brooks what happens with what your doing like any other form of gambling are the big loses also

Pros cannot beat the option markets because its perfect pricing

good run though

[brooks85]

Brooks what happens with what your doing like any other form of gambling are the big loses also

Pros cannot beat the option markets because its perfect pricing

good run though

true but considering the ridiculous market we are in, silly not to take the risk

Run will go on for years.

$SYSS is the play now, stock can't get beat down any further.

[jjgold]

I think the next few years much better selling calls

[brooks85]

I think the next few years much better selling calls

rate are not going up this year, count on it. Simple math shows they can't because of the dollar, regardless of what they say.

[opie1988]

up 115% , magic came sooner than I expected

First large stock purchase I ever made was Disney at $32 a share.

Bought more yesterday at $94. Crazy.

All long term for me anyways, so it's all just numbers in the interim.

[brooks85]

good buy!

Disney was in the first bundle of stocks I ever bought out of high school and I've been buying ever since. Just love thinking about where this company is going now, both as a fan of the content and shareholder, because of the CEO, Bob Iger. His acquisitions haven't even begun to see their full potential. I expect to see the same growth we have been year over year for years to come. They are about to tap into the asian and hispanic market next year too with their two new princesses. Plus, Iger was just with Obama in India talking business with PM Modi. He knows where the next market is...

[boomer62]

Iger, class guy who is extremely smart and values his people and employees. Purchasing ESPN was brilliant and guarantees growth and also well positioned with all the media and entertainment co's, plus Disney resorts best family vacation spot. Definite keeper!

[brooks85]

yeah it is very impressive how he increased foot traffic at disney world since he has been CEO. Once the Frozen attractions are all ready and the new star wars stuff next year, park will be turning away customers again.

[brooks85]

aapl mar 20 130calls up 75%, not even 10 days. Lets see if Yellen can screw things up tomorrow.

[rkelly110]

Hershey is doing good also. Send me my commission.

[brooks85]

You have no idea how much I owe you liberals for failed projects; Green energy, unjust assault on coal(shorted stocks), "free" healthcare, and surplus of illegal immigrants which has done wonders for prison stocks. So please, inform us what you support next.