by Anura Guruge
on October 28, 2021
As ever I could be dead wrong. C’est la vie. But, from what I can see both FANG titans Amazon & Apple disappointed. Those shares were down, big time, in ‘After Hours‘ trading. I am sure that will spill over to tomorrow. (Well, I am OK. SMILE. I kind of banked (& that really is the right word) on this. Remember, I am an option trader. Huge price swings is what folks like us dream of.)
AMZN & AAPL can — & should — drag all the markets down, at least for a few hours. (Yes, there could be a dull, bounce late in the day as we head for the weekend.)
IF the Volvo IPO goes live in the U.S., Friday morning, as planned, its IPO price could drop below the initial asking. So, we could see it below $6. Just speculating. I will, when I get back from my 2-hour daily morning amble, have a look. It is unlikely that it will stay below $6 come 2022. But, make up your own mind.
