Invest and learn
voted
Initial Jobless Claims Near Record Lows, Continuing Claims At 2-Year-Highs
Prior week 202K (were estimating 220K)
Initial jobless claims 205K vs 215K estimate
4-week MA jobless claims
Continuing Claims 1.865M vs 1.888M estimate. Prior week 1.876M
4-week MA continuing claims
US Q3 2023 GDP (third reading) +4.9% vs +5.2% expected
The second reading was +5.2.%
GDP revised lower.
The Q2 final reading was +2.1%
Details:
Consumer spending +3.1% vs +3.6% prelim
Consumer spending on dur...
Prior week 202K (were estimating 220K)
Initial jobless claims 205K vs 215K estimate
4-week MA jobless claims
Continuing Claims 1.865M vs 1.888M estimate. Prior week 1.876M
4-week MA continuing claims
US Q3 2023 GDP (third reading) +4.9% vs +5.2% expected
The second reading was +5.2.%
GDP revised lower.
The Q2 final reading was +2.1%
Details:
Consumer spending +3.1% vs +3.6% prelim
Consumer spending on dur...
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2
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commented on
$Lixte Biotechnology(LIXT.US$ 700k float / 60% institutional /67% CTB
$Grove Collaborative(GROV.US$ 16m float / 74% institutional/ 30% CTB
$Acorda Therapeutics(ACOR.US$ 1.2m float/ 18% institutional/ 37% CTB
$Verastem(VSTM.US$ 16m float / 40% institutional/ 18% CTB
$Cibus Inc(CBUS.US$ 16m float / 12% institutional
$Bone Biologics(BBLG.US$ 27m float / 17% institutional/ 127% CTB
$Greenlane(GNLN.US$ 1.5m float/ 17% institutional/ 35% CTB
$VistaGen Therapeutics(VTGN.US$ 7.2m floa...
$Grove Collaborative(GROV.US$ 16m float / 74% institutional/ 30% CTB
$Acorda Therapeutics(ACOR.US$ 1.2m float/ 18% institutional/ 37% CTB
$Verastem(VSTM.US$ 16m float / 40% institutional/ 18% CTB
$Cibus Inc(CBUS.US$ 16m float / 12% institutional
$Bone Biologics(BBLG.US$ 27m float / 17% institutional/ 127% CTB
$Greenlane(GNLN.US$ 1.5m float/ 17% institutional/ 35% CTB
$VistaGen Therapeutics(VTGN.US$ 7.2m floa...
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$JD.com(JD.US$ its finance is good, why down?
1
Invest and learn
voted
BABA's Current Narrative
One of the best companies in China has had a rough few years in the stock market. BABA experienced a very bullish Friday due to the markets assumption that the chinese government is easing its megacap tech crackdown.
This assumption stemed from the chinese government giving Ant group a measly fine of several hundred million dollars. This is chump change to a huge company like BABA. If this is the extent to the China tech crackdown, then it might b...
One of the best companies in China has had a rough few years in the stock market. BABA experienced a very bullish Friday due to the markets assumption that the chinese government is easing its megacap tech crackdown.
This assumption stemed from the chinese government giving Ant group a measly fine of several hundred million dollars. This is chump change to a huge company like BABA. If this is the extent to the China tech crackdown, then it might b...
+2
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liked
What a day, aiming for a 30% day, was there for a second.
$Schlumberger(SLB.US$
$Invesco QQQ Trust(QQQ.US$
$JD.com(JD.US$
$Alibaba(BABA.US$
$Marathon Digital(MARA.US$
$Cleveland-Cliffs(CLF.US$
$Transocean(RIG.US$
$Rocket(RKT.US$
$Dish Network(DISH.US$
$Robinhood(HOOD.US$
$Schlumberger(SLB.US$
$Invesco QQQ Trust(QQQ.US$
$JD.com(JD.US$
$Alibaba(BABA.US$
$Marathon Digital(MARA.US$
$Cleveland-Cliffs(CLF.US$
$Transocean(RIG.US$
$Rocket(RKT.US$
$Dish Network(DISH.US$
$Robinhood(HOOD.US$
+1
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Invest and learn
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Another quick update. Just the nasdaq.
RALLY!
But will it last?
$E-mini NASDAQ 100 Futures(JUN4)(NQmain.US$
14400 target
$Invesco QQQ Trust(QQQ.US$
I expect a pullback tonaround 335, it support holds this is a Buy the dip. I have 349 call it 350 as a target. I would not hold anything long (overnight, I didn't yesterday and now I'm crying, but better to be safe)
be Safe be careful be wise
and as always
good Luck
RALLY!
But will it last?
$E-mini NASDAQ 100 Futures(JUN4)(NQmain.US$
14400 target
$Invesco QQQ Trust(QQQ.US$
I expect a pullback tonaround 335, it support holds this is a Buy the dip. I have 349 call it 350 as a target. I would not hold anything long (overnight, I didn't yesterday and now I'm crying, but better to be safe)
be Safe be careful be wise
and as always
good Luck
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3
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liked
May Day!...
oh, that was yesterday 😄
Wow have I been busy. I haven't been able to make posts. I'm exhausted and fall asleep the second I stop moving 😴
The markets are waiting on J Pows' speech tomorrow. JOLTS (Job Openings and Labor Turnover Survey) is released half an hour after open. Because of this, I would not trust any market movement until this news is released. Overall, I would expect the markets to go to "neutral" before FOMC presser. Neutral can be flat, but I prefer the 5 d...
oh, that was yesterday 😄
Wow have I been busy. I haven't been able to make posts. I'm exhausted and fall asleep the second I stop moving 😴
The markets are waiting on J Pows' speech tomorrow. JOLTS (Job Openings and Labor Turnover Survey) is released half an hour after open. Because of this, I would not trust any market movement until this news is released. Overall, I would expect the markets to go to "neutral" before FOMC presser. Neutral can be flat, but I prefer the 5 d...
+7
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