I bought some shares of ATVI about a year ago. Entry point wasn’t great and was down big at one point, has been a nice rebound
MDB lost all of its gains from earnings Cloud stocks have really cooled off and those trading at 20 times price/sales could continue to struggle
haha this 100% ^^ do we get the powell presser today at 2pm as well? i'm looking for a whole lotta nothing from the fed and the markets today i think the only thing we have left after we get this fed meeting out of the way is this coming sunday's trade deadline (i think it's on this sunday right?). after that prepare for the fat man in the red suit baby! Spoiler: Click to Show!
Haha yeah I don’t think we will see a huge reaction from the FED unless the dot plot shows the rate hike is on the table next year I am guessing if we don’t hear the good news (delay of tariffs) by Friday during the market hours then the tariffs will kick in on Sunday. Just a guess since if they have a good news to announce then they probably want to announce it during the market hours
Semiconductors breaking out. AMD's EPS forecast dwarfs anything they've done in the last 3 years....and people were calling out their P/E being over 100, heh.
US weekly jobless claims race to a more than 2-year high The number of Americans filing applications for unemployment benefits jumped to more than a two-year high last week. The data likely do not signal a pickup in layoffs as the claims data tends to be volatile in the period following the Thanksgiving Day holiday. Initial claims for state unemployment benefits surged to 252,000 for the week ended Dec. 7, the highest reading since September 2017, the Labor Department said.
There's that Trump tweet: https://www.cnbc.com/2019/12/12/stock-market-us-china-trade-war-and-fed-in-focus-on-wall-street.html
Robinhood joins a wave of fractional stock-trading offers to bring investing to the masses https://www.cnbc.com/2019/12/12/rob...ck-trading-offers.html?&qsearchterm=robimhood
Made a little money from PLCE on its sell off yesterday. Bought at $54.35 yesterday and sold at $57.61 today
Cumalative A/D Line Joins S&P 500 At New High Thu, Dec 12, 2019 Like the S&P 500 index itself, the Cumulative A/D line, which measures the net daily number of stocks in the index rising or falling, also hit a new high today. For the last two years now, the cumulative A/D line has consistently either tracked or led the S&P 500 to new highs, and today's new high is just the latest example. With equities starting to fade into the lunch hour today after the President's 'VERY" impactful tweet on trade, we'll be watching to see if the new highs in both price and breadth can hold into the close. We would note, though, that breadth hasn't seen as large of a pullback as price which is a bit encouraging.
Stocks rebound back toward the highs of the day on report phase one deal is reached https://www.cnbc.com/2019/12/12/stock-market-us-china-trade-war-and-fed-in-focus-on-wall-street.html Well looks like we got the “good news”, I was expecting we are gonna hear the news before the market closing on Friday if the news is good and looks like we got it
