Recovery Day TodayChina released it's "GDP" numbers and they were as people expected (6.9% for 2015). Most people feel like these numbers are a little inflated by the Chinese government, but investors are now going to look for discounts.
The NASDAQ is down 10% in 2016 (just 2 weeks) and there are a ton of discounted stocks that have been oversold.
I suspect this week will be much better than the last two weeks. I think the bear run might be over unless oil drops to $25 quickly. I don't think the Nasdaq will recover all 10% this week, but maybe about half of it's 2016 losses.
I think TWTR is in some trouble today as it's service is completely down.
Twitter can't even tweet an update to it's users about being down. I think Twitter gets bought out in 2016 and probably GoPro will too.
Both stocks are trading at near historic lows and have been having difficulties. MSFT or Apple will likely take one of these companies out sometime this year if the SP's keep dropping or a Chinese company will.
Blackberry is way oversold and was already trading at a discount when 2016 started.
I am predicting a week of gains.