Yeah check RIVEN out also did a post on it. Could move higher Wednesday. Get it on radar. We will see where market moves next few days could be a bull.
RIVEN looks overbought should come back down. Bought DIS Disney about 5 mintues ago. Looks to break downtrend in next few days or a week. Looks really good at this level is bottomed out. I see the market going up this week and next.
Elon Musk Is Getting Serious About Zuckerberg Cage Match (businessinsider.com) Place your bet, who is going to win?
LOL yep I have heard some people saying pickleball is good for people who might not be good enough to play tennis. I got curious and tried to find any stock might benefit from the growth of pickleball Life Time, The Largest Provider of Permanent Pickleball Courts, Hosting and Presenting Nine Pro Pickleball Tournaments Nationwide in 2023 (prnewswire.com) Skechers Continues Pickleball Domination as Official Footwear Sponsor of the Carvana PPA Tour | Business Wire
A slow day, some traders might take this week off completely. Semiconductors underperforming, probably related to this news China slaps curbs on chipmaking metals in tech war with U.S., Europe (cnbc.com)
Sad day market goes down on stellar job data. Rate hike who cares. While the current employment growth pales in comparison to the labor market expansion seen between 2010 and 2019, when there were a record 100 months of job growth, it’s the strength of this current streak that continues to defy expectations: The above-average gains come at a time of elevated, but waning, inflation as well as a historic spike in interest rates resulting from a Federal Reserve counteroffensive to rising prices. The 1.57 million jobs added so far this year mark the 10th highest January-to-May total in records that go back to 1939, Bureau of Labor Statistics data shows. And this year’s monthly average of 314,000 net job gains far exceeds what was seen before the pandemic, including during that 100-month stretch post-Great Recession. Still, some economists believe that it’s only a matter of time before the weight of those and other external factors will be too much for employers to handle.
Well the market is reacting to good economic news today negatively, I don’t think I have seen it for awhile 10 year yields now above of 4% and stocks related to housing are under pressure today. The ADP hasn’t accurately predicted the NFP in the past though so it would be interesting to see if we will erase most of the losses from today if the NFP comes in weaker than the ADP did this morning and especially if it shows slower wage growth The FED is hiking another 0.25% for sure this month though unless we see some shockingly bad economic data before their next meeting
JETS continues to outperform semiconductors. Rumor that SAVE may get another offer from JBLU, last time was $33.50/share but judge blocked it. Yesterday JBLU broke up with AAL.
Some money moving out of the mega big tech and into other sectors it seems like, let's see if it will last more than a day GOOGL seems to be underperforming against its peers lately, maybe the market is worried about it is falling a little behind in AI and also more players are getting into the ad market now
Nice day for ASO I wonder why this stock has high short interest most of the time, I didn't do any extensive study or research on this company but the valuations don't look all that expensive
What the hell is going on with Disney DIS? No gain today a loss it should move up next few days. Has me mad as hell
Nasdaq 100 Plans Special Rebalance To Curb Dominance Of 'Magnificent Seven' https://www.investors.com/news/nasd...lance-to-curb-dominance-of-magnificent-seven/ The mega tech stock trades continue to slow today Industrials looking strong once again, they might continue to benefit from the infrastructure bill and should do well as long as we avoid a recession
Sold RH for some profits after a huge run, my initial entry was $657.46 when I entered in late 2021 and I had to do a few average downs
What is the Credit Card Competition Act? - The Points Guy If this bill is applied to credit cards in the same way the Durbin Amendment was to debit cards, there’s potential for history to repeat itself. Credit card companies could significantly scale back (or even discontinue) rewards programs on purchases due to decreased interchange revenue. Well maybe it would actually help to decrease the credit card debt in this country
