Daily Discussion - Main Discussion thread

The JETS etf is up every day this month, outperforming even semiconductors this month.

 

Interesting. Don't like airlines as an investment but sometimes I trade them

 

Looking overbought after today could pullback a bit next few days market.

 

SPX on a 5-day winning streak. Got to keep riding this momentum for now.

This week is OpX week, and usually the week after is down.

 

Tear up today hopefully it pulls back tomorrow to get in a position. OGN looks prime to break downtrend in few days.

 

Wow the SPX moved from 4300s to 4400s very quickly, just enjoy the momentum for now even if you are bearish I guess

 

I was not expecting AI to bounce back so fast, but then I was not expecting SPX to hit 4400 in 2 weeks. AI making a new high today, so of course NVDA and the semiconductors (SMH) making a new high too.

JETS and transports (IYT) continue their hot streaks too this month.

 

ADBE up after earnings, let's see if it will keep going up after earnings like ORCL did

 

I will get in market tomorrow. ADBE is a beast.

 

Wow another great day for TSLA

 

FDX down on earnings, might pull down transports tomorrow

 

ELF stock is on fire, is it really a popular brand nowadays lol

 

Well looks like most transport stocks actually are up today lol, FDX and UPS are down though

 

Consumers not dead yet.

 

Looks like tech is leading the market again today after showing some weakness earlier this week

 

Missing Titanic sub passengers "have sadly been lost," company behind voyage says - CBS News

Sad but I wouldn't want to take risks to get into that sub even if they pay me some money

 

I like EBAY right now. Market should move back up starting tomorrow.

 

What are you seeing with eBay?

 

Looks like the PMI data showed the economy is slowing globally in June although the services sectors still had decent growth in the US, the dollar is up today against most other currencies with the safe haven moves. The US economy remains pretty resilient after all of the rate hikes although we might still see some lagging effects and the economy could slow a lot further in the H2 of the year

 

Big cap tech remains strong, META has been on a tear, the TSLA trade finally is slowing down though