Just because everybody is expecting that it will reverse from 280 (just like everyone expected it to happen at 261 and at 270 points).
Major averages indicate that trend is UP and all I do is follow it.
There was no reasons for a major bear market, we had a 3 month long 20% correction and now we are in a bull market. US companies will spend $1T this year on...
Right after marker reached important 61.8% retracement level, negative oil crisis causes huge loses to many funds/traders. Given uncertainty with COVID-19, market will repeat what has happened at the beginning of March when the "OIL" war started, and may eventually repeat what had happened in 2008 where it not only retested lows after initial rally, but went much lower.
Previous ER was also good, but entire healthcare went down heavily 3 months ago due to "medicare for all", however, recent drug rebate proposal reversed the action and UNH should go up mid/long term.
Mattel's sales decrease 10% each year for many years. No wonder here, if you had kids you'd know what they like more: iPads or dolls.
Hasbro showed us their numbers and what effect Toys-R-Us closure had on toys' sales. Question is: what tricks did Mattel use to come up with these numbers? Perhaps old school channel stuffing, they even went as far as reducing ad...
