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.
OT: Stock and Investment Talk
- Thread starter RU-05
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Rev's are actually down since then. But not incredibly expensive anymore.
MS has it as underweight on macro concerns.
EJ Antoni explains Japan impact on markets. Japan kept interest rates artificially low for long time creating arbitrage dynamic where people borrowed in Japan and then invested in US with gains used to pay off in Japan (carry trade). Returns are thin so investors borrow to increase leverage. But this is equated with "trying to pick-up pennies in front of steam roller." If steam roller gets ahead you get drama. When Japanese central bank raised interest rates it sent shock waves into 20 trillion casino. Japan now reducing rates and going back to flat. Other central banks probably do the same and flirt with inflation.
EJ has been right about most things the past years
EJ has been right about most things the past years
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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 plunges 500 points as jobless claims rise, killing hopes for interest rate cuts
A day after rallying, stocks were down on Thursdayqz.com
Markets jump initially on the news.
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Markets reacting to small variations in jobless claims is asinine. Jobless claims would be way, way higher if the economy was in trouble.
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?
The market is reactionary.
i own some HD. I have Z jumping this morning. And i also own COMP.
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.
Home builders have had a great run but there could be a lot more there.
Market held up well today.
PLTR continues to roll:
Palantir jumps 11% on Microsoft partnership to sell AI to U.S. defense, intel agencies
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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 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.
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).
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.
For those looking for new growth ideas:
www.morningstar.com
10 Best Growth Stocks to Buy for the Long Term
The stocks of these high-quality growth companies look undervalued today.
LOL! I sold it yesterday as well. Making a few small after hours buys (topping off my crazy biotech plays).
As for the week:
"For the week, the S&P 500 was down 0.05%, the Dow was down 0.6% and the Nasdaq was down 0.2%."
Just another ho-hum week, right? :)
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.
Just wondering, do you trade in and out of BTC? I know we/most do so with other crypto assets.
I used to yes. Now I’ll likely hold my ETF position in my 401k and trade elsewhere.
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 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?
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.
+1
Most well versed BTC TA folks have perfectly predicted the past few months. I'm hoping for one more drop below $50k to start my FBTC position (rollover IRA), but it seems like institutions are aggressively buying the dip, so who knows. I may just need to start DCA'ing into the ETF.
On the rainbow it looks pretty similar to where it was in summer of 2019.
Not in relation to the halving cycle though. Following that cycle there’s two moves above ath ahead.
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?
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?
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.
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.
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.
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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.
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.
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