Nice. I would probably cash out if I make enough to buy a house in all cash even I plan to invest for long term initially. I am playing cryptocurrency here and there but still not putting too much money in them. I did get in Shiba at around $0.00003977 for a pretty small amount, up 72% so far so not bad lol. It would need to go absolutely crazy from here for me to get rich, unlikely to happen lol since the market cap is already getting pretty high
Both AMZN and APPL down after earnings, should put pressure on tech and probably the overall market at least at the open, we will see whether we will have a recovery throughout the day though. SBUX also down after earnings
With Facebook's name change to Meta, the tech giants go from FAANG to MAANG | Fortune It is kinda funny to see so many people talking about how we should call FAANG after FB changing its name
We've only got to put $8,000 in. Then wait for some of that sweet 7 million % return. Looking at how AAPL has traded this month, and the market as well, I believe AAPL will go green tomorrow. The market has back-to-back engulfing reversal monthly candles. Not so sure about AMZN, it had a dip last week too.
Top of the morning Stockaholics! Happy Friday to all of you! And welcome to the final trading day of the week and a fresh start! Here is a quick check on those futures as we are under 4 hours from the cash market open. GLTA on this Friday, October the 29th, 2021.
The pre-market thread is now up on the r/StockMarket subreddit for anyone looking for a quick read before today's cash market open. GL to y'all's trading today on this final trade day of the month! https://www.reddit.com/r/StockMarket/comments/qibcnm/1029_fridays_premarket_stock_movers_news/
Morning Lineup - 10/29/21 - Apple (AAPL) Falls From the Tree Fri, Oct 29, 2021 Futures are indicating a negative end to the week and the month, but it probably could have been worse. With Apple (AAPL) and Amazon.com (AMZN) both down close to 4%, they are accounting for just about all of the weakness in equities at the open. Even with the losses, though, October is on pace to be the best month for the S&P 500 since last November and the best October since 2015. In the latest dump of economic data, the only outliers relative to expectations were the Employment Cost Index (ECI) which came in higher than expected, and Personal Income which declined more than expected. The only remaining reports scheduled are Chicago PMI and Michigan Confidence shortly after the opening bell. It may seem like the law of gravity sometimes gets suspended, but it usually makes its presence felt at some point. In the case of Apple's (AAPL), that was last night as the company traded down in reaction to weaker than expected earnings and lowered guidance citing the impact of supply chain issues. With the stock indicated to gap down close to 4% at the open, it is on pace for its worst earnings reaction day in exactly a year. Heading into last night's earnings report, AAPL still held the title of the company with the largest market capitalization in the world at $2.46 trillion, but its lead over Microsoft (MSFT) was slim at 'just' $20 billion. When the opening bell rings today, though, MSFT will move into the top spot by virtue of not falling as much as AAPL. Looking at the performance of each stock over the last year, there has been a growing divergence between the two stocks. Up until late February of this year, both were performing relatively in line with each other, but ever since March, MSFT has been widening the gap over AAPL. Based on where each stock is trading in the pre-market, MSFT's gain of 59.69% over the last year is just over double the gain of AAPL.
Here are the notable earnings releases, as well as the highest volatility earnings releases due out for next week courtesy of earnings whispers (another busy ER calendar week ahead). And here is the market week ahead thread which is now up on the r/StockMarket subreddit for anyone looking for a quick read over this coming weekend: https://www.reddit.com/r/StockMarket/comments/qitthn/wall_street_week_ahead_for_the_trading_week/ I hope you all have an absolutely splendid weekend, and a great trading week and month of November ahead.
Top of the morning Stockaholics! Happy Monday to all of you and welcome to November! And welcome to the new trading week and month and a fresh start! Here is a quick check on those futures as we are about 3 hours from the cash market open. GLTA on this Monday, November the 1st, 2021.
Morning Lineup - 11/1/21 - Positive Start to November Mon, Nov 1, 2021 There are less than 45 trading days left in the year, and the major US averages are looking to pick up in November where they left off at the end of October. Today's economic data includes the ISM Manufacturing report and Construction Spending at 10 AM. In addition to another busy week of economic data and Friday's employment report, the key event of the week will be Wednesday's FOMC policy statement and Powell press conference. The S&P 500 rallied more than 1% last week but at the sector level just over half of the eleven S&P 500 sector ETFs actually finished the week lower. None of the sector declines were more than 1%, but it does show that last week's rally wasn't a tide that lifted all boats. The two worst performing sectors on the week were Financials (XLF) and Energy (XLE), but they are still easily the top-performing sectors YTD and still two of six sectors that head into the new week at overbought levels. Even in the top-performing sector last week - Consumer Discretionary (XLY)- the rally was far from even. The sector's 4.36% surge was primarily all due to the rally in Tesla (TSLA) which surged over 20%. On an equal-weighted basis, the sector's performance was much more muted at just 0.45%.
The pre-market thread is now up on Reddit for anyone looking for a quick read before today's cash market open. GL to y'all's trading today on this brand spanking new trading month of November and have an awesome trading week ahead! https://www.reddit.com/r/StockMarket/comments/qkd9xo/111_mondays_premarket_stock_movers_news/
CHGG taking a big hit. They just revealed that The Nowadays Kid doesn't have to do any real homework in school anymore. System just matriculates students in order that they will take on college loans. They hope that eventually kids will have to start getting assigned real work that requires their cheat codes study aids.
I got some CHGG shares in the $30s, sold half when it was more than double so I am just riding the free shares now, still hope it makes some recovery tomorrow rather than keep going down
Rivian aims for up to $54.6 billion valuation in upcoming IPO (cnbc.com) Wow that's a very high valuation
Top of the morning Stockaholics! Happy Tuesday to all of you! And welcome to the new trading day and a fresh start! Here is a quick check on those futures as we are just under 30 minutes from the cash market open. GLTA on this Tuesday, November the 2nd, 2021.
Morning Lineup - 11/2/21 - Mixed Morning Tue, Nov 2, 2021 Futures are mixed this morning as the S&P 500 is indicated to open marginally higher and the Nasdaq is looking to open lower. Interest rates are firmly lower at the front end of the curve and most commodities are lower. Bitcoin was flat for most of the night, but then saw a quick 3% rally right around 6 AM Eastern. The economic calendar is light today, but there are still plenty of earnings reports on deck for after the close. As the Fed begins its two-day policy meeting where it is widely expected to announce a tapering of its asset purchases, the long end of the treasury curve has remained extremely calm. While there was a bit of jump in yields in late September and into early October, the move higher ran out of steam right at its downtrend line and has now nearly made a roundtrip back to where it was to begin with.
The pre-market thread is now up on Reddit for anyone looking for a quick read before today's cash market open. GL to y'all's trading today and rest of this week! https://www.reddit.com/r/StockMarket/comments/ql3izg/112_tuesdays_premarket_stock_movers_news/
