@FinanceJack44 15x OCF feels like a pipe dream at this point but if it actually happens I'd have to back up the truck too. Market rarely gives you that kind of entry on quality.
If $AMZN hits 15x OCF again I'm gonna load up.
This would be right at 10 year valuation lows for one of the strongest companies of all time.
$AMZN is one of the few companies that I could realistically full port and sleep well at night doing it. That's how highly I think of their growth, optionality, moat, and capital allocation.
When the chance comes to pick it up on a discount, I'm not going to miss it. Especially with all the potential catalysts ahead.
SPY OPEN | Thursday June 11
$731.29. Up 0.81%. Bouncing. GEX went up $1.5B overnight, but the core structure is still the weakest it's been this cycle. The inflation matrix just gave a mixed signal.
CPI came in cold, PPI came in hot. That puts us in the weakest quadrant wi
October 2012.
Completely broke.
No cash at all.
This was my reality when I started out.
Bought my first stock and never stopped.
It took 5 whole years before I finally had a profitable year.
Now pulling in $10k in a day is just another Tuesday.
All because I was wil
@alphaticaio 7 out of 8 longs green is impressive, but I wonder how the short leg performed. Still, beating SPY by that much in a down month is no joke.
$RXT +26% today, massive breakout from this symmetrical triangle on the daily chart π
Seeing bullish net flow divergence. Traders are specifically targeting the 6/12 and 7/17 expirations.
No matter what, hold onto what you believe in.
Prices go up and down, world events unfold.
That doesn't mean you dump your investments just because they're in the red.
You wouldn't buy a company and then sell it the second the value drops.
CBK Governor Kamau Thugge says the Kenyan shilling has remained stable due to:
β Strong foreign exchange inflows
β Adequate foreign exchange reserves
β Confidence in the economy
It still trades at about Sh129.5 per US dollar, via @carrington_fx