I remember that one. Just a little awkward.
Rev's are actually down since then. But not incredibly expensive anymore.
MS has it as underweight on macro concerns.
I remember that one. Just a little awkward.
Jobless claims drop to 233(vs 240 expected). Sticking to the idea that this is a seasonal spike.I missed the jobless claims. What are the numbers?
Edit: 249K vs 235 expected.
But I'm guessing these people at Quartz don't know what they are talking about?
The Dow closes 500 points lower as jobless claims rise and investors feel hopeless about interest rate cuts
A day after rallying, stocks were down on Thursdayqz.com
Markets reacting to small variations in jobless claims is asinine. Jobless claims would be way, way higher if the economy was in trouble.Jobless claims drop to 233(vs 240 expected). Sticking to the idea that this is a seasonal spike.
Markets jump initially on the news.
With rates on the way down (including mortgages and home equity loans), what's the best play for increased activity with the housing market? Regional banks, home builders, Lowes/Home Depot?Cramer talking Azek vs Trex.
Trex down big on earnings.
A troubling sign of the consumer?
Maybe, but Azek up big on earnings.
The market is reactionary.Markets reacting to small variations in jobless claims is asinine. Jobless claims would be way, way higher if the economy was in trouble.
i own some HD. I have Z jumping this morning. And i also own COMP.With rates on the way down (including mortgages and home equity loans), what's the best play for increased activity with the housing market? Regional banks, home builders, Lowes/Home Depot?
With rates on the way down (including mortgages and home equity loans), what's the best play for increased activity with the housing market? Regional banks, home builders, Lowes/Home Depot?
Check out ITBWith rates on the way down (including mortgages and home equity loans), what's the best play for increased activity with the housing market? Regional banks, home builders, Lowes/Home Depot?
Talk of a housing shortage predates the latest round of immigration. Plus folks owning multiple homes which they rent via air bnb is a relatively new thing.Check out ITB
Market held up well today.Sold next weeks svix just out of the money covered calls. 4% premium.
Trying to squeeze a little more juice out of a ho hum trade.
2 or 3 days like this and I’m back. I placed my bet heavily on META and MSFT and the Tech ETF XLK, FTEC, VOOG, VUG to get back. META is a winner. I did move more cash into the market Tues-Wed but will move some back to cash when it gets closer to ATH. dangerous times.Market held up well today.
PLTR continues to roll:
Palantir jumps 11% on Microsoft partnership to sell AI to U.S. defense, intel agencies
I saw pltr come back to $26 after the earnings day. Was contemplating jumping in but didn’t.Market held up well today.
PLTR continues to roll:
Palantir jumps 11% on Microsoft partnership to sell AI to U.S. defense, intel agencies
Can't go wrong with META and MSFT. META seems to be crushing it right now and Zuck has matured into a top-notch CEO. VOOG, VUG, and XLK are great ETFs, not familiar with FTEC. Check out IGM for "expanded tech".....which is the Tech sector plus Comm services (so META and GOOGL).2 or 3 days like this and I’m back. I placed my bet heavily on META and MSFT and the Tech ETF XLK, FTEC, VOOG, VUG to get back. META is a winner. I did move more cash into the market Tues-Wed but will move some back to cash when it gets closer to ATH. dangerous times.
I got in on PTLR at $18, but sadly a small position. COIN may be a good play right now. Seems like Blackrock is really pushing BTC hard.I saw pltr come back to $26 after the earnings day. Was contemplating jumping in but didn’t.
Did just buy some COIN. Took a hit on earnings but also trading well below BTC recently. Hoping for a catch up, especially if BTC runs. Small position.
LOL! I sold it yesterday as well. Making a few small after hours buys (topping off my crazy biotech plays).Of course the svix jumps 12% the day after i sell calls on it.
Good day though.
Just wondering, do you trade in and out of BTC? I know we/most do so with other crypto assets.Interesting/impressive stat. Very likely that there’s some room to run in the next 6-9 months followed by a good opportunity to short it after that, for those into such things.
I used to yes. Now I’ll likely hold my ETF position in my 401k and trade elsewhere.Just wondering, do you trade in and out of BTC? I know we/most do so with other crypto assets.
Good idea. Anything I have in Fidelity (via the Crypto account or ETFs) will be long holds. What I do with my COIN account will be trading.I used to yes. Now I’ll likely hold my ETF position in my 401k and trade elsewhere.
I am surprised to see MSTR has outperformed BTC since the early 2021 highs. MSTR was recently 75% above those highs from 3 years ago.Interesting/impressive stat. Very likely that there’s some room to run in the next 6-9 months followed by a good opportunity to short it after that, for those into such things.
Correct, assuming BTC runs soon. Following previous post-halving performance, we’d be getting there soon.I am surprised to see MSTR has outperformed BTC since the early 2021 highs. MSTR was recently 75% above those highs from 3 years ago.
Why do we think MSTR has room to run? I assume it's tied to BTC running, but what's that catalyst?
What is the current BTC output? ie the new BTC being mined.Correct, assuming BTC runs soon. Following previous post-halving performance, we’d be getting there soon.
19.6 million out of 21 million mined. Roughly 900 mined per day. The pace of mining is slowing. It’s estimated that the last won’t be mined for over 100 years.What is the current BTC output? ie the new BTC being mined.
You are. Similar to last three cycles.I am seeing a series of lower lows for BTC since the March highs.
+1You are. Similar to last three cycles.
On the rainbow it looks pretty similar to where it was in summer of 2019.You are. Similar to last three cycles.
Not in relation to the halving cycle though. Following that cycle there’s two moves above ath ahead.On the rainbow it looks pretty similar to where it was in summer of 2019.
Perhaps bad news for AAPL, but the final ruling is 3-4 years away. This judge is DC district, which is one step ahead of municipal night court. Needs to go to Federal district court, then Federal appeals, and then probably SCOTUS. The lawsuit may also be shelved depending on who wins in November.Interesting discussion about Apple, Google and Buffet at the 45 minute mark.
Tl/dr-
• if anti-trust ruling holds, Apple loses $50b per year payment from Google.
• that payment accounts for roughly $1T of Apple market cap. Pain ahead for Apple?
• does Apple finally use this to take on search? Do they buy a search or make their own?
• Buffet loves owning regulated monopolies (utilities, insurance, etc) Apple looked like it could be heading in that direction but now it has this regulatory hurdle to get over. Is he hoping to buy back cheaper?
Im skeptical. The run up prior to the 2020 halving was so different. It was also followed by massive stimulus, that to me was the catalyst, not the halving.Not in relation to the halving cycle though. Following that cycle there’s two moves above ath ahead.
Skepticism is fair. The liquidity injection in 2020 certainly added to the size of the pump. There were no such catalysts the two prior halvings. I’d argue that no catalyst is needed. If there was one needed, we’ve already had a million Bitcoin, or 5% of the supply bought this year so we may be on our way.Im skeptical. The run up prior to the 2020 halving was so different. It was also followed by massive stimulus, that to me was the catalyst, not the halving.
If we are looking for a similar situation i think the catalyst here has to be massive institutional buying.
Awesome timing on my part. Up almost 40-45% in 1 month. Of all of @T2Kplus20 recommendation, this is the only one of the only ones I have ever bought. Hopefully this not your Cathy Wood moment.ZETA crushing earnings and on 🔥!!!
They didn't beat too impressively, but the guidance was good.Outstanding Q2 presentation, definitely worth the read:
I purchased a stake In CAVA in the mid $70's. Good long term play. I have a feeling the earnings will disappoint this time around.With this thinking in mind I bought a bunch of SweetGreen this week and may continue to add. Hoping it will be a long-term Chipotle type of play. I also like Cava but missed the boat and not sure Mediterranean type food/diet is as appealing to all.