Hubert Senters here.
Let’s take a look at Amazon. It looks like they are dropping on a revenue risk after the bell. They reported earnings bouncing pretty good after a drop there before it had a nice run. I mean Amazon kind of has a nice running. That’s a five minute chart.
This is going to mess things up for tomorrow probably a miss on revenues for both Amazon and Google. Let’s take a look at Google, GOGL. Both of them look like alphabet stock sinks on revenue. They both missed. Market could potentially get hurt a lot more tomorrow. If you look at why I am here at YM. It helps if you can type at YM. There you go. That is the five minute.
Let’s take a look here. What it’s doing in afterhours right now? It’s up $230 selling off just a little bit on the stock. I mean on the daily if we look at it, yeah, I mean you still got more pain in it also the Nasdaq, NQ There’s going to be more pain there and at ES probably more pain of there.
The only thing that could potentially save us is when you have a bad week usually Friday, it will bounce off of that. Same thing if you run up all week usually Friday you sell off a little bit like that. Heads up, it’s not over yet. It’s probably going to get much worse before it gets better. If you don’t know how to short things and play stuff to the downside with a limited amount of risk heads up, there’s nothing risk free in the market.
There’s no such thing. If anybody ever tells you there’s something that’s risk free. Heads up, their lying to you and trying to sell you some which in and of itself is not a bad thing but look protect yourself at all times. So learn how to short things and make potential profits on the volatility of the markets by taking minimal amount of risk with tight stop-losses and big targets.
Mark Helweg is going to be doing a webinar ‘’How to Potentially Profit from Current Market Volatility’’ by taking small risk for large gains. I think one of the trades on his trailer services up don’t hold me to this but I think it’s 800 percent so nice little gain there so he’s going to teach you how to do that on a webinar, Tuesday, October 30th at 8PM EST.
Good luck. Hope it helps. I’ll HYPERLINK you to this form.
Hubert.
