Joined Feb 2010
L10: Grand Master
Forum Thread
Q's CVS Lounge
October 6, 2015 at
03:21 PM
in
Cool
(4)
CVS
I changed the name of the thread because I think that Q's CVS Lounge gives a better representation of what the thread is about. This isn't a deals thread although I will sometimes be posting deals. I'll probably talk more about Transylvania and the stock market than I will about the drugstores but the main thing is that is that I want this to be a cool place to hang out.
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CVS stock also appears to be in a head and shoulders pattern. It closed at 94.85 which isn't good. If it drops below 94.16 the next level of support is around 90.
Macy's stock tanked today. It dropped around 14%. Kohl's reports earnings before the market opens tomorrow. It could be really ugly. Kohl's has already had a very bad year. WM and Target report next week.
Still watching Valeant, the manufacturer of Cerave. The stock has taken quite a tumble over the past few months. It looks like Mallinkrodt is next on the Citron hit list.
CVS stock also appears to be in a head and shoulders pattern. It closed at 94.85 which isn't good. If it drops below 94.16 the next level of support is around 90.
Macy's stock tanked today. It dropped around 14%. Kohl's reports earnings before the market opens tomorrow. It could be really ugly. Kohl's has already had a very bad year. WM and Target report next week.
Still watching Valeant, the manufacturer of Cerave. The stock has taken quite a tumble over the past few months. It looks like Mallinkrodt is next on the Citron hit list.
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CVS stock also appears to be in a head and shoulders pattern. It closed at 94.85 which isn't good. If it drops below 94.16 the next level of support is around 90.
Macy's stock tanked today. It dropped around 14%. Kohl's reports earnings before the market opens tomorrow. It could be really ugly. Kohl's has already had a very bad year. WM and Target report next week.
Still watching Valeant, the manufacturer of Cerave. The stock has taken quite a tumble over the past few months. It looks like Mallinkrodt is next on the Citron hit list.
Exactly what I was going to say.
Yep, thats how its been, except last time I was there...(its been a bit) you needed to ask them to put in the amounts of $1, 2 or $3 by hitting Other/Options.
No idea what the first 2 paragraphs mean.
DEFINITION OF 'HEAD AND SHOULDERS PATTERN'
A technical analysis term used to describe a chart formation in which a stock's price:
1. Rises to a peak and subsequently declines.
2. Then, the price rises above the former peak and again declines.
3. And finally, rises again, but not to the second peak, and declines once more.
The first and third peaks are shoulders, and the second peak forms the head.
(Chart/example is not pasting)
But now what does 'next level of support' mean?
thanx
DEFINITION OF 'HEAD AND SHOULDERS PATTERN'
A technical analysis term used to describe a chart formation in which a stock's price:
1. Rises to a peak and subsequently declines.
2. Then, the price rises above the former peak and again declines.
3. And finally, rises again, but not to the second peak, and declines once more.
The first and third peaks are shoulders, and the second peak forms the head.
(Chart/example is not pasting)
But now what does 'next level of support' mean?
thanx
Did you score at Wags this week? I totally missed it. I didn't even look at the ad until Wednesday...
I really can't believe it. I have 100 Pantene q's and even more Schick q's. Also tons of the toothbrush/toothpaste coupons. I was perfectly set up to pick up a lot of points for BF. I know it's not a great BF ad (to put it mildly) but ti still works for me with free hair bands and toothpaste.
All I'm doing for the rest of the week is Tresemme at CVS. The Perfectly Undone shampoo and conditioner are on clearance for $2.89 so it's $1.78 for 2 after q's and you get $2 ecb's. It would be worth your time to take a walk in the shampoo section. They marked a lot of stuff down. When the next markdown comes there could be some good deals.
I wasted way too much time at Haagen this week and didn't do all that well. There's also some fishy stuff going on with their inventory. At one store, they sold 100 Herbal Essences shampoo at 60% off of $4.99 ($2) in one day. Even with the $3/3 q, that's $1 a bottle and I wouldn't pay that. It's not even the primo stuff - it's older stock. At the same time, candy and gum at 60% isn't really selling. Even cartoons of cigarettes at 50% off are sitting there. It makes me scratch my head and question why over 90% of health and beauty is gone at prices nobody would pay...
CVS stock also appears to be in a head and shoulders pattern. It closed at 94.85 which isn't good. If it drops below 94.16 the next level of support is around 90.
Macy's stock tanked today. It dropped around 14%. Kohl's reports earnings before the market opens tomorrow. It could be really ugly. Kohl's has already had a very bad year. WM and Target report next week.
Still watching Valeant, the manufacturer of Cerave. The stock has taken quite a tumble over the past few months. It looks like Mallinkrodt is next on the Citron hit list.
3. Too Much Attention Given to Financial MediaThere is almost nothing on financial news shows that can help you achieve your goals. Turn them off. There are few newsletters that can provide you with anything of value. Even if there were, how do you identify them in advance?
Read more: 7 Common Investor Mistakes [investopedia.com] http://www.investopedi
Follow us: Investopedia on Facebook [tynt.com]
Without doubt, the most serious mistake individual investors make is trying to time the market.
https://blog.wealthfron
We're about to share with you the secret to avoiding a $10 billion investing mistake. It's not more money, a higher IQ, or superb market timing. It's mind control.
The way we're wired -- our natural inclinations to seek more information, look for patterns, compare options, and even flee to safety -- is great at keeping us out of harm's way. But these same emotional tendencies are also our biggest liability when we're in investing mode. In other words, your brain is to blame for all those boneheaded money mistakes.
http://www.fool.com/how-to-invest...-make.aspx
Did you score at Wags this week? I totally missed it. I didn't even look at the ad until Wednesday...
really can't belieI ve it. I have 100 Pantene q's and even more Schick q's. Also tons of the toothbrush/toothpaste coupons. I was perfectly set up to pick up a lot of points for BF. I know it's not a great BF ad (to put it mildly) but ti still works for me with free hair bands and toothpaste.
All I'm doing for the rest of the week is Tresemme at CVS. The Perfectly Undone shampoo and conditioner are on clearance for $2.89 so it's $1.78 for 2 after q's and you get $2 ecb's. It would be worth your time to take a walk in the shampoo section. They marked a lot of stuff down. When the next markdown comes there could be some good deals.
I wasted way too much time at Haagen this week and didn't do all that well. There's also some fishy stuff going on with their inventory. At one store, they sold 100 Herbal Essences shampoo at 60% off of $4.99 ($2) in one day. Even with the $3/3 q, that's $1 a bottle and I wouldn't pay that. It's not even the primo stuff - it's older stock. At the same time, candy and gum at 60% isn't really selling. Even cartoons of cigarettes at 50% off are sitting there. It makes me scratch my head and question why over 90% of health and beauty is gone at prices nobody would pay...
Of course you can only do as many as you have cards for. Its only good Sunday 11/15 as coupons expire that day.
7 Common Investor Mistakes
3. Too Much Attention Given to Financial MediaThere is almost nothing on financial news shows that can help you achieve your goals. Turn them off. There are few newsletters that can provide you with anything of value. Even if there were, how do you identify them in advance?
Read more: 7 Common Investor Mistakes [investopedia.com] http://www.investopedi
Follow us: Investopedia on Facebook [tynt.com]
Investors' Most Serious Mistake
Without doubt, the most serious mistake individual investors make is trying to time the market.
https://blog.wealthfron
Step 5: Avoid the Bggest Mistake Investors Make
We're about to share with you the secret to avoiding a $10 billion investing mistake. It's not more money, a higher IQ, or superb market timing. It's mind control.
The way we're wired -- our natural inclinations to seek more information, look for patterns, compare options, and even flee to safety -- is great at keeping us out of harm's way. But these same emotional tendencies are also our biggest liability when we're in investing mode. In other words, your brain is to blame for all those boneheaded money mistakes.
http://www.fool.com/how-to-invest...-make.aspx
I never watch the financial shows. I do listen to the first 15 minutes of Ken Moraif's financial radio show on Saturday because I learn a lot from his market analysis. He doesn't pick individual stocks. Instead, he talks about the overall market trend and presents it in a way that's easy to understand. I was following IBD but I stopped because they've been wrong so much. I learned the hard way not to make any investments based on what the analysts say but you still have to know what info is out there. Looking for patterns (charts) is not an emotional tendency. It's the scientific method. The head and shoulders pattern, for example, has a strong correlation to what the stock may end up doing. It signals that investors have lost confidence in the stock and a sell-off is coming. If the 3rd peak is higher than than the head, you don't have a head and shoulders pattern because investors think the stock will go higher. The chart talks to you. I'm not as good at reading them as I should be but I can see basic patterns and spot trends. I am an expert at picking boxing matches (not UFC, only boxing). Canelo over Cotto. I like both of them but Canelo should win easily.
With how unstable the market is right now, I would rather have my money in the bank making interest but thanks to Janet Yellen and the ridiculous Fed policy you get zero interest and pretty soon we'll have to pay the banks to make a deposit.
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With how unstable the market is right now, I would rather have my money in the bank making interest but thanks to Janet Yellen and the ridiculous Fed policy you get zero interest and pretty soon we'll have to pay the banks to make a deposit.