Bought back PENN at $47.05 after selling it at $30.48 for just 2% profit, good move so far despite I had to chase it at much higher prices
We probably end up finishing here ~3375 SPX, where we spent alllllll night. Let's see which way we break tomorrow.
Great product. Poor management. My local Johnny Rockets closed. The entire district closed. They managed to lose every location in a major metropolitan area. A lot wrong with the company. The only thing right was the food. A successful restaurant business has nothing to do with food quality. You just have to look at the local mall food court to see successful bad food. My eyes grow misty at the thought of so many good restaurants lost to bad management.
It appears global demand for Gold is dwindling. Discounting In asian markets are seeing $75-100/oz. It appears gold may have peaked for now. Congress is out for 2 weeks before they return for further stimulus talks. Markets will be fed based on money printing and back to school spending. Looking for a fairly sideways next two weeks in the markets or a slight drop.
Looks like QQQ found support and isn't going to break that (right now). Opened SQQQ at 5.55 and closed at 5.49.
Retail ETF (XRT) nearing an ATH. Best Buy (BBY) reporting in a couple of weeks, imagine if this goes parabolic.