I am not a fanatic of BABA and to be honest, I was waiting for it for around 60$, but this last next week BABA has shown strength in one of the worst times ever for the markets when usually this stock down performs always NDX.
This last week BABA broke the channel that it has been into since historical maximums.
Not only that, but the price was minting and has...
There are a lot of people saying about buying now, giving signals like if there is no tomorrow, like if buying stocks is free... I don't see the point in buying anything for the long term right now because of many different reasons:
1. April Consumer Credit +$38.07BN, Exp. $35.0BN . The revolving credit increase was $17.8BN. The second-highest on record.
When...
