akadvisor

My mission is to provide free daily buy and sell investment trade advice to 1M+ retail investors across the globe for the US Stock Market...

[akadvisor @akadvisor]

But then again its Ferrari...

[akadvisor @akadvisor]

the other market indicator is the volume of IPOs that decided NOT to IPO in current market conditions...I am a bit surprised about Ferrari

[akadvisor @akadvisor]

and the market can continue to rally...but YUM, WMT, NFLX, SLB, HAL, KSU, JNJ, JPM, MS have all missed so far...there are more

[akadvisor @akadvisor]

territory...the only wildcard is earnings...if the 100+ S&P companies BEAT earnings on the top and bottom line, then all bets are off

[akadvisor @akadvisor]

Without a 10-15% pullback, the S&P will remain overbought and overvalued...it HAS to pullback in order to for the market to NOT enter bubble

[akadvisor @akadvisor]

PPS have to be repriced/revalued at a minimum 10% - 15% discount BECAUSE of earnings...in order to preserve the 15X multiple

[akadvisor @akadvisor]

I have heard calls of testing the August lows...earnings will dictate how much we pull back...I believe most if not all of the S&P companies

[akadvisor @akadvisor]

wow...there's a massive selloff going on biotechs right now...I am not touching it

[akadvisor @akadvisor]

is black and white...there is no manipulation possible on revenue...with the slowdown, companies are announcing large buybacks

[akadvisor @akadvisor]

down....look at the analysis on IBM....strong dollar will impact revenue even if they beat EPS...remember EPS can be "massaged"....revenue

[akadvisor @akadvisor]

revenue recession we are seeing from all the S&P companies...also look at Walmart last week...the global economy has significantly slowed

[akadvisor @akadvisor]

The US economy is being by the strong dollar, emerging markets and the slowdown in China..which affects WTI crude and the severe

[akadvisor @akadvisor]

I am not a fear mongerer and I am more bullish than bearish...but I do believe we entered a stealth bear market unfortunately....

[akadvisor @akadvisor]

It's not a buy the dip moment...look at the biotechs...they rallied briefly...all the bigs ones now negative

[akadvisor @akadvisor]

Look at the list of companies that reported...YUM, UNH, SLB, HAL, MS, NFLX...all of them were cut off at the knees...

[akadvisor @akadvisor]

All of you know that I recommend to buy certain stocks before earnings...this time I have ZERO to recommend

[akadvisor @akadvisor]

I am NOT recommending to buy any stocks into earnings...IBM, MSFT, BIIB, AAPL...not one of them are safe...

[akadvisor @akadvisor]

Every S&P company reporting this week will be taking a 10-15% haircut like YUM...by definition that means the market takes a 10-15% haircut

[akadvisor @akadvisor]

I day trade everyday buying in and out biotechs, FANG stocks, etc...but we are NOT and I repeat NOT at a good place...

[akadvisor @akadvisor]

Remember what happened to YUM last week after earnings? Taking a 15% haircut...MS today...WTI took a leg down due to Chinese data...