MicroSectors FANG Index 3X Inverse Leveraged (FNGD)

[DarkPool]

Back in here 7.56

[DarkPool]

After hour action leads me to believe bloodbath tomorrow

[DarkPool]

Picked up some 7.15s

[DarkPool]

Bear power

[DarkPool]

Back in 8.62 gla

[Pennyes]

FNGD garbage is happy to reflect on green days matching, but on red days, it is screwed up!?....ps!

[Pennyes]

shitty shit called GNGD!.....in negative? when the so called Fang stocks are crashing?.....ironic!!!

[Pennyes]

HIBS did much better, 15% Up today, FNGD supposed to be trading $15-20 today for the armaggadon tech crash!

[Pennyes]

the stock market is on a free fall, crashing, techs tumbling but this garbage FANGD is up only 4c, what kind of a fkdup inverse garbage is this?.....makes no damn sense!.

[DarkPool]

All fang stocks down. Not matching up here.

[Pennyes]

You know when some of this ETFs do a R/S, the timing of it?, when JNUG and NUGT did the split, the time was so ripe for Gold to breakout, post R/S price doubled...or more!.

the timing here is about a market collapse or correction, somehow these BMO like ETF managers know, is the Tech sector Crash is knocking the door................lets see where FANG is heading..!!!

[ashy2classy]

It's fine. Not like a penny stock.

[Hannakannapanna]

No one knows or know one cares? Dr. Jerry, Ashely, what do you think?

[Hannakannapanna]

Any one here concerned about the upcoming reverse split?

[ashy2classy]

For sure.

[RJ Trotts]

Futures have turned negative. That should bold well for us tomorrow. Locked and loaded. Glad to see some red. Time for us to make some green.

[ashy2classy]

Added more this morning.

[DarkPool]

It is. Put it back on bid to pick up an additional $5ks worth.

[RJ Trotts]

Very nice. Great for trading.

[DarkPool]

Just banked 5g on these. Appreciated

[RJ Trotts]

Great trading range today. Prob some bought and sold today. Nice swing. I still think this bounces back to $2-2.25 soon. So much potential with dismal earnings.

[RJ Trotts]

Nice add 1.35’s added for me. Looked good at the EOD. Still thinking with earnings season. We are golden this week. I expect much more selling pressure.

[ashy2classy]

Added a few more. I checked the volume earlier this afternoon and noticed the same thing, that it was super high so definitely seems like a turn is coming.

[DarkPool]

Crazy volume today. Front loading the Nasdaq bubble popping?

[ashy2classy]

Thanks. Only have 9500 shares but FAANGs are so overextended this is due for a bounce, IMO. We'll see what happens this week with banks reporting.

[DarkPool]

Got some 1.30s today also

[DarkPool]

Congrats

[ashy2classy]

New position here. Just found out about this!

[RJ Trotts]

Going into earnings season. I am hopeful this one turns around. I do not expect much optimism from the past quarter. And hoping for an overdue correction. Best of luck to all here. I am expecting to see nasdaq under 10000 by EOW. We shall see. I think this is a great place to park money during this earnings season.

[RJ Trotts]

Nice add. I added more at 1.55 too. Hoping for the best. I still think we make a nice ROI here. Enjoy your weekend guys.

[DarkPool]

Added 15k at 1.54! Appreciated MMs.

[RJ Trotts]

Really thought this would be up much more than current PPS. Oh well, time will tell, I am patient.

[RJ Trotts]

Added some With you. Hoping for a nice bounce.

[DarkPool]

Back in with a few extras at 1.82. Will sell out again 2.85

[decogold]

Too bad it's already going down for you. This one will be probably in the dollar range soon like $1.10 for example.

[DropLine]

Smart move... I've been trading this & $LABD around a core position. I'm hedging in conjunction with trading in and out of $NRGU & $NAIL... $$$...

I'm overall short the broader markets... weed and metals aside... especially bearish on FAANG...

$FNGD

[DarkPool]

Loaded starter 2.6 this am

[DropLine]

Adding here @ $3.36... Trade on!

$FNGD

[DropLine]

FAANG about to rollover... crash 2.0 looming... no brainer at this level...

$FNGU

[DropLine]

David Tepper says this is the second-most overvalued stock market he’s ever seen, behind only ’99
Published Wed, May 13 202012:04 PM EDTUpdated Wed, May 13 20202:39 PM EDT

Appaloosa Management founder David Tepper’s comments helped escalate a stock sell-off.
The S&P 500's forward price-earnings ratio based on estimates for the next 12 months has ballooned to above 20, a level not seen since 2002.
“The market is pretty high and the Fed has put a lot of money in here,” Tepper said. “There’s been different misallocation of capital in the markets. ...The market is by anybody’s standard pretty full.”
He also said some Big Tech stocks like Amazon, Facebook and Alphabet may be “fully valued.”

Billionaire hedge fund investor David Tepper told CNBC on Wednesday the stock market is one of the most overpriced he’s ever seen, only behind 1999. His comments sent stocks to a session low.

He also said some Big Tech stocks like Amazon, Facebook and Alphabet may be “fully valued.”

Before Wednesday’s sell-off, it was “maybe the second-most overvalued stock market I’ve ever seen,” Tepper said on CNBC’s “Halftime Report.” “I would say ’99 was more overvalued.”

“The market is pretty high and the Fed has put a lot of money in here,” the founder of Appaloosa Management said. “There’s been different misallocation of capital in the markets. Certainly you are seeing pockets of that now in the stock market. The market is by anybody’s standard pretty full.”

The S&P 500's forward price-earnings ratio based on estimates for the next 12 months has ballooned to above 20, a level not seen since 2002.
Stocks fell Wednesday with the Dow Jones Industrial Average dropping more than 500 points around midday. Still, the market has bounced back sharply from its March lows as investors have grown more hopeful about an eventual reopening of the economy. After tumbling into the fastest bear market ever two months ago, the S&P 500 has bounced more than 30% from that bottom and is now sitting about 13% below its record high from February.

Tepper’s calls often move the whole market. He did so again on Wednesday as the Dow hit its low for the session shortly after his warning.

“There might have been a bottom put in ... but that doesn’t mean you can’t fall significantly from these levels,” Tepper said.

In recent days. the market was rallying despite a worsening profits outlook. Earnings for the S&P 500 companies are on track to fall 13.6% in the first quarter because of the coronavirus crisis, the worst quarter in nearly 11 years, according to FactSet. Profit forecasts painted a even gloomier picture for the rest of 2020, with analysts seeing a 40.6% drop in Q2, a 23% decline in Q3 and 11.4% in Q4 for the S&P 500, FactSet data showed.

The hedge fund manager said he has been “relatively conservative” in his positioning and remained “very guarded.” He revealed he currently holds about 10% to 15% long positions in equities.

Tepper also called some of the popular tech names including Amazon “fully valued.” Amazon has been one of the first companies to roar back to a new record after the coronavirus sell-off. The e-commerce giant is up 27% this year as investors bet on its resilient business.

“Just because Amazon is perfectly positioned doesn’t mean it’s not fully valued,” he said. “Google or Facebook ... they are advertising companies. ...They are not rich but they may be fully valued.”

[DropLine]

Why Investors Should Avoid Netflix Stock

This year is going to be one of the most challenging ever for Netflix.

Michael Wiggins De Oliveira
Jan 22, 2020 11:17 AM EST

Netflix’s (NFLX) - Get Report stock reaction to a largely positive report speaks volumes. The stock wavered between slight gains and slight losses after-hours, and this morning it's now down more than 2%. Why? Because the competition is growing from a noisy nuisance to an unavoidable fact.

Compounding the story, Netflix's revenue growth rates are guided for sub-30%, taken together with an overvalued stock, reminds investors to avoid this name. Here’s why:
Unavoidable Fact: Disney

Disney (DIS) - Get Report launched Disney +, its direct to consumer platform, in the U.S. in November 2019 and right away it has started to dampen Netflix’s aggressive growth rates.

Indeed, Netflix’s CFO Spencer Neumann himself noted on the call that Q1 2020 forecasts are baking in a full quarter of the competition compared with a partial quarter in Q4 2019.

Also, it should be noted that Disney+ is expected to reach Europe towards the back end of March 2020. How will this impact Netflix's global reach with consumers? Many acknowledge that Disney will be a formidable force, the question for Netflix is just how formidable.

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Thesis Demands Strong Revenue Growth Rate

Looking back to 2017-2018, we can see that Netflix's revenue growth rates were easily north of 30%.
Netflix Revenue Growth chart 012220

TheStreet

Now compare those numbers with how 2019 ended up, with its full year figure at a more humble 28%.

Looking ahead to Q1 2020 and Netflix guides for 27% growth rates. However, this figure includes an aggressive price increase in the high single digits. How sustainable are Netflix’s price increases?

Without competition, Netflix may have succeeded, even though cable providers have historically struggled to raise prices successfully. But now, with a plethora of competition, even Netflix’s enthusiasm for price increases is likely to be diminished.
Valuation -- No Margin of Safety

Going forward how does an investor possibly make the argument that Netflix is undervalued? Consider that, five years ago, Netflix was in effect the only streaming platform consumers considered a ‘must-have’. Today, the landscape is very different, with consumers having more options available than viewing time.

What's more, with a slowing growth rate, and already pricing in seven times trailing sales, does Netflix command any sort of realistic margin of safety?

Moreover, investors have absolutely no idea what sort of potential free cash flow margins Netflix will succeed in having long-term. The next pressing question is of course: when does the company reach stability, when the huge amounts spent on content start bringing in strong free cash flow?

Given that for 2020 Netflix is forecasting approximately negative $2.5 billion in free cash flow, just $800 million less than its peak free cash flow burn, at this rate it would take until the latter part of the decade for Netflix to report positive $1 billion of free cash flow.
The Bottom Line

Netflix’s 2020 is going to be one of the most challenging for the company.

The competition Netflix faces has never been more steadfast and poised to take market share. With an overvalued stock, declining growth rates, and overextended balance sheet, investors would do well to avoid this name.

[DropLine]

$FNGD is a great hedge... nibbled here on Friday... Reward outweighs risk 10 fold... hoping to grab a few more down at the $2.50 level...

I am short...

Index Constituents

Index NameNYSE FANG+™
Index Ticker: NYFANGT
Launch Date: 9/26/2017
Rebalance Frequency:Quarterly
WeightingEqualNumber of Constituents:10


Name / Weight

Facebook (FB)10%
Alibaba (BABA10%
Apple (AAPL)10%
Baidu (BIDU)10%
Amazon (AMZN)10%
NVIDIA (NVDA)10%
Netflix (NFLX)10%
Tesla (TSLA)10%
Alphabet (GOOGL)10%
Twitter (TWTR)10%

[T695]

Buy buy buy

[T695]

Buy buy buy

[T695]

Buy buy buy

[T695]

This will bounce hard over the next three months

[Huggy Bear]

This may not have a bottom, lol....

[Huggy Bear]

Stalking a low here.