Wendy's planning 'surge prices' based on fluctuating demand (nypost.com) With the dynamic pricing model, the chain’s iconic Dave’s Single quarter pounder burger — recently priced at $5.99 at a Wendy’s in Newark, NJ — could increase by as much as $1 at lunchtime. Alternatively, during mid-morning and late-afternoon lulls, the price could dip below $5.99 by as much as $1, the Daily Mail reported. So maybe I can save a dollar in the future if I decide to eat at 2 pm instead of 1 pm lol
Viking Therapeutics weight loss drug shows promising trial results (cnbc.com) Bought a little at $74.20 after seeing how big of a run LLY and NVO had
SNOW getting hammered after hours IONQ up a little after earnings, it is an AI play that not too many talk about
Finally a pullback today, let's see if the dips buyers will step in for AAPL, GOOGL and TSLA later this week
finally indeed lol, tho still nothing too overly significant (yet). i think when things start to get real is when @Frankenstein checks in here. haven't seen him here since the last big pullback in the market. i think once the /es gives up that figure print 5k level will start to get my attention. for now, seems like just a healthy and much needed dip after a huge run higher.
Looks like NVDA not ready to take on that $1000 level yet, and that's what is finally halting this run.
Yeah let's see if semiconductors stocks will stat a correction lol, maybe the money will move out of NVDA to buy AAPL and GOOGL or even TSLA
Annual headline inflation was 3.2% last month, according to the Labor Department’s consumer price index, worse than consensus economist estimates of 3.1%, where it stood in January. Down we go today?
The market just ignored a hot CPI number today lol For now as long as we continue to avoid a recession and the AI growth story remains intact, I guess the market will hold up fine. We could get into trouble though if the economy begins to slow sharply or NVDA comes out of nowhere to lower their guidance
Nothing much ado in the markets lately… Will admit nothing really looks that interesting to me right now at these nosebleed levels. I mean we’re only just a few handles off ATHs so.. Wonder what catalysts can actually take this market for a dip. If a hotter than consensus inflation can’t do it.. Absent something totally shocking outta left field, seems like no big pullback yet. Sell in May period approaching we’ll see if this market can actually sustain a dip longer than a day and greater than just -2%. As mentioned before, I won’t truly believe in a meaningful market dip until we see @Frankenstein back at it here again.
Up we go with futures! February's producer price index rose 0.6%, higher than an expected increase of 0.3%. Investors were watching whether inflation is cooling fast enough to satisfy Fed policymakers and herald interest-rate cuts. That said, the market shrugged off signs of sticky inflation in Tuesday's CPI report and stuck to their hopes for a policy pivot come summer.
SPY is now outperforming QQQ year-to-date. We are nearing the top of this bull market, looks like it will make one more run up. Market tops up to a year before the recession starts.
O/T post here - just thought I’d also make a quick mention of this here too in case my thread gets buried by the morning. I’ve opened up a community ncaa bracket challenge if any of you would like to participate. Please visit this thread linked below: https://stockaholics.net/threads/20...nt-bracket-challenge.12927/page-2#post-184025 Hope we can get some good participation in there before the start of the tourney this coming Thursday! GLTA in the markets this week.
I didn't really know SPY is now outperforming QQQ YTD until you mentioned it, definitely something to keep an eye on
