Not doing anything until December, 1 rate hike this year. Just like they (economies around the world) keep lowering their targets for growth, the Fed keeps lowering the target for interest rates. Look at the disappearing dot plots. What can we do to get real sustained growth?
A couple of abandoned babies in the last couple of weeks on SPY How many VPOCs are below? Last I heard was up to 9 or 11, I think they went down to 2090?
i forgot nugt was doing a 5:1 stock split, i just checked stock twits, saw 22 dollars, my heart sank for a split second, haha.
$ES_F #ES_F #SPY levels to watch 2174.50 / / 2162.75 $CL_F #CL_F #Crudeoil levels to watch 47.33 / / 46.47 / / 45.62
Frontrunning: August 25 Stock futures lower as countdown to Yellen speech begins (Reuters) Italy quake death toll nears 250 as rescuers search demolished towns (Reuters) Central bankers eye public spending to plug $1 trillion investment gap (Reuters) Chelsea Clinton Plans to Stay on Board of Family Foundation (WSJ) Bond Traders Are Desperate for Direction From Yellen in Jackson Hole (BBG) China’s Central Bank Moves to Clamp Down on Speculation (WSJ) Iran vessels make 'high speed intercept' of U.S. ship: U.S. official (Reuters) How to Stay Rich in Europe: Inherit Money for 700 Years (BBG) Companies made deals that could run afoul of U.S. whistleblower rules (Reuters) Tiffany Sales Miss Estimates as Global Uncertainty Hurts Demand (BBG) Chicago's detective force dwindles as murder rate soars (Reuters) SEC Seeks Review of Treasury Market Trading Rules (WSJ) Uber to let Londoners book journeys weeks in advance (Reuters) Boeing Dreamliner Engine Issue Prompts ANA to Check Entire Fleet (BBG) German military mulls options if planes withdrawn from Turkish base (Reuters) A $67,000 Home Robbery Exposes $500 Billion Problem in Argentina (BBG) Look Who’s Coming to Private Equity’s Defense on Fee Secrecy (BBG)
Early movers: TIF, MYL, RIG, NFLX, SDRL, HPQ, WSM & more Mylan — Mylan's stock rose in the premarket after the firm announced a series of steps to cut costs for EpiPen, a drug used to treat allergies. The company is reducing the cost of EpiPens through the use of a savings card which will cover up to $300 for the EpiPen 2-Pak. Medtronic —The medical device maker reported quarterly earnings that beat expectations by 2 cents, while revenues came in below expectations, with sales for its heart, vascular and minimally-invasive products falling. Tiffany — Tiffany posted mixed quarterly results, with earnings per share easily beating consensus while sales missed, as its same-store sales around the world fell more than expected. The luxury jeweler's stock rose more than 4 percent in the premarket. Transocean — Citi upgraded Transocean's stock to "neutral" from "sell" and raised its price target to $11. "The company has exceeded our expectation for cost reductions while the backlog is superior to peers," Citi said in a note to clients. Dollar General, Dollar Tree — Dollar General and Dollar Tree shares dropped more than 7 percent in the premarket after their quarterly results came in below estimates. Their same-store sales, a key metric for retailers, rose 0.7 percent and 1.2 percent last quarter, respectively, both well below expectations. Netflix — William Blair upgraded the streaming giant's shares to "outperform" from "market perform," citing a strong risk/reward ratio. "Our 2020 subscriber base case results in a potential value per share near $145. Our bear case implies a $110 overall valuation, and our bull case pegs the price at $185," the analyst firm said. Seadrill — Seadrill shares rose more than 4 percent in the premarket after reporting stronger-than-expected quarterly results. The drilling firm, which has been hit hard over the past two years amid falling oil prices, said the market may be stabilizing. "Oil prices stabilized in the $40-50 range during the quarter and there is a growing belief that we are at or near the bottom of this downcycle," Seadrill said in a statement. HP Inc. — The company posted stronger-than-expected quarterly results, but its estimates for current-quarter profits came in below expectations, reflecting weak demand for printers. Williams-Sonoma — Williams-Sonoma reported weaker-than-expected same-store sales for the second quarter, as well as weak third-quarter guidance. CEO Laura Alber said "he overall retail environment has softened and we are being impacted by a more cautious consumer. As a result, we have revised our outlook for the remainder of the year to reflect this change in trend."
is it just me or is ToS crapping out in a big way this morning? ed: and now i can't even log in ... mobile seems to be working but that is laggy as heck though lovely
hmm, spx under the 21 ema xbi currently under the 21 ema, hmm labu seems like a buy, but if i go by my trading rules, then i would need to wait to see where it closes, if xbi closes below the 21 again, then it is not a buy, hmm.
Tech Trader dip buying a bunch of ETFs $SPY, $QQQ, $XBI before Fed, which seems to be the pattern now. https://www.techtrader.ai/wall/?date=1472101469&post=9713
lol right .......... i'm sure that we'll hear this will be back on the table if crude dips below $40 again ... rinse and repeat
Today's After-Market ER: $ULTA $GME $SPLK $BRCD $ADSK $PSTG $ZAYO $EPAY $ACET $AMSWA $UEPS $QADA $GSM
