ProShares UltraPro Short QQQ ETF Stock Discussion

Daring Lu : Now plunging

Warren Buffed : no

b00n79 : Thats what i was suprised too Apple and Amazon both reported Q1 better albeit not by a lot, but it tanked. While Tesla flunked the report card yet it soared Amazon did stated the honest fact that they see Q2 struggling though… while Tesla painted a good picture ahead

Keslerlee : apple and amazon are at the forefronts of this tariffs and this trade war, both of them imports lots of products from china, eg) amazon, e commerce, apple, iphones and their products
Amazon has given bad guidance ahead as well
Plus lers not forget how the market rallied like crazy, 8 days in a row, so a pullback to the 19400-600 level seems reasonable

Keslerlee b00n79 : Sometimes market does not understand logic

Rmj OP Keslerlee : makes sense. I expected earnings to miss, but the timeline was off. next quarter will definitely be bloody

b00n79 : Hopefully…see how is Apple’s earning result

Flowerhill OP b00n79 : Yeah and tomorrow they will report the unemployment rate, maybe the big sign of recession. SOXS rose up at the last minute too.

b00n79 Flowerhill OP : Looking at those employment stats already out, unemployment rate will not increase a lot for Apr. Feb and Mar was 4.2%, max will prolly be 4.5%. Let’s see…

Flowerhill OP b00n79 : Thanks, so maybe Apple is not doing well

151798759 : the traders are itching to realiza their gains they gathered over last week or so. If market will not find the reason to go up, it will fall hard. Just a matter of time.

intuitive Jackal_354 OP : head and shoulders

Rmj : indexes should fill down but depends on apple and Amazon earnings, although outflow on both shows possible drop

Mob-Town-Bulls : where is the gap

intuitive Jackal_354 OP Mob-Town-Bulls : yesterday's close to today's open