I don't see a whole bunch of companies buying furniture when everybody has been projecting a recession next year. Stock has dropped after the last 3 earnings, can it go for four?
This recent market pump was caused by ECB rate cut and has nothing to do with reality. Every company reporting this afternoon has dropped. We'll see if SCS is another....
Note: Stock isn't quite overbought yet, but it's close.
This recent market pump was caused by ECB rate cut and has nothing to do with reality. Every company reporting this afternoon has dropped. We'll see if SCS is another....
Note: Stock isn't quite overbought yet, but it's close.
Comment:
Would appear that I'm not the only one who noticed that SCS dropped after the last 3 earnings, some selling before earnings.
Trade closed manually:
Targets were correct, but I picked the wrong one, lol. Puts expired worthless.
Thought about leveraging the puts and buying stock, but was busy shorting UAA and ANET today. Made my money back for a wash day.
Thought about leveraging the puts and buying stock, but was busy shorting UAA and ANET today. Made my money back for a wash day.