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Discussion in 'Stock Market Today' started by T0rm3nted, Feb 8, 2021.
Let's hope Biden uses the 14th amendment before default if Dems can't pass the bill.
0% chance of a default. It's all political theater.
AI stocks continue to go crazy Looks like people are selling value and rotating into tech now, energy and healthcare looking relatively weak.
This AI hype is getting a little crazy, I wouldn't mind if it goes further since I do have some exposure to AI related stocks but I am getting a little worried when those stocks are going up like some penny stocks I was hoping to add some more exposures to AI but I am not chasing it up here
AVGO and LULU earnings next week, both companies that I am interested in. AVGO will be especially interesting, if they say good things about AI like NVDA and MRVL did then I wouldn't be surprised to see this AI hype to continue
Korean BBQ restaurant chain GEN Restaurant Group files for a $25 million IPO - Renaissance Capital
LOL I actually just ate there last week
I just took another look at LULU, it looks like the XRT ETF is ready to turn around now that it is at last year's bottom. LULU could have a big reversal to this month's range...they sold the Mirror, right?
AI will be cool, we'll all have our own little army of robot slaves.
Adobe could be a huge winner of AI. The new Photoshop beta AI features are amazing.
Yeah NKE weak lately while CROX and FL tanked after earnings, will be interesting to see if LULU will do better
AMBA down after earnings, let's see if it will slow down the semiconductor trades a little bit
Sick it's not baked in debt ceiling is going to pass and markets go down. Worst president ever Joe Biden.
Well sold MU yesterday and sold ANET today, they had a monster run and I am taking some profits here, I hope I won't regret it later
TSLA had another strong day
There was a story that the Model Y outsold every other car, EV or otherwise.
AI is down -20% after hours, looks like that has peaked. Likely means NVDA's run is over for this month.
I sold NVDS for a 5% profit today, maybe should have held
A good call on LULU
Guess I was lucky to get out of NVDS yesterday, NVDA moving right back up today The SPX finally closing above of 4200s, let's see if we will have some kind of breakout to the upside for the market and if we do then it looks like tech will be the sector leading the market higher.
AVGO moving higher after earnings, might see some more upside for the AI related stocks tomorrow
9 red days in a row on LULU heading into ER, lost 15% in a month. And that got reversed with this evening's ER.
Tech is definitely leading the market to the upside, which is bullish.
I still like gold.
Good day to sell for a profit now. We will see what happens next few days.
Amazon Prime Members May Get Free or Cheap Cellular Plan (businessinsider.com)
TMUS, VZ and T getting hit today