Daily Discussion - Main Discussion thread

Discussion in 'Stock Market Today' started by T0rm3nted, Feb 8, 2021.

  1. Money123

    Money123 Active Member

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    Looks like a pullback.
    For the First Time in History, the Fed Is Reporting Billions in Losses Weekly; It's Still Paying High Interest Income to the Mega Banks on Wall Street
     
  2. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Looking for an actual push down tomorrow. So far we just stutter stepping down.
    Last 2 weeks have just been range trading in lower ranges.
     
  3. Neil Allen

    Neil Allen Well-Known Member

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    4/10: More news on GRRR ($.65) 10-1 reverse split on 4/15: LONDON, April 10, 2024 (GLOBE NEWSWIRE) -- Gorilla Technology Group Inc. (“Gorilla”) (NASDAQ: GRRR), a global leader in Security Intelligence, Network Intelligence, Business Intelligence, and IoT technology, today announced they have signed a Memorandum of Understanding (MOU) with Thames Freeport, a pivotal hub for trade and logistics in the United Kingdom. This strategic alliance is set to revolutionize the Thames Freeport area, aligning an ambitious Smart City Strategy program and leveraging the Thames Freeport Investment Fund to drive innovation and sustainable growth.
     
  4. Neil Allen

    Neil Allen Well-Known Member

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    Floating Rates CEFS: AFT - yield: 10.86%, EFT /10.45%, DSU /10.44%
     
    #4204 Neil Allen, Apr 11, 2024
    Last edited: Apr 11, 2024
  5. Neil Allen

    Neil Allen Well-Known Member

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    On 4/11: Ex-Div: KIO - yield: 11%. PMT: 12%, CHY: 10.6%
     
    #4205 Neil Allen, Apr 11, 2024
    Last edited: Apr 11, 2024
  6. Money123

    Money123 Active Member

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    Nice looking correction more into next week. I won't buy anything for a few weeks.
     
  7. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Getting that volatility spike. Time to start getting into stocks for the upswing.
    Anyone think we get a 4-week losing streak (this week would only be 3)?
     
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  8. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    My average is $87.67 after buying in June 2020, I wish I bought a lot more than I did though lol :horse:
     
  9. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Gold moving higher despite a strong dollar, commodities generally are pretty strong lately. GDX has really underperformed against GLD though :hmm:
     
  10. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Lots of relative strength in tech stocks. That's why I doubt the market goes much lower once it finds its footing this week.
     
  11. Neil Allen

    Neil Allen Well-Known Member

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    #1 Pick: GRRR: $5.73 + 7% - on NASD before 5/1/24. Revs + 186%. AI & Cybersecurity. Available float approx. 4M shares. Shorts are gone. ETFs, Institutions & Hedge funds can when on NASD. Just had 10-1 split.

    [​IMG]
     
  12. Money123

    Money123 Active Member

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    • Stocks are poised for a "reset," according to Technical Traders' Chris Vermeulen.
    • Defensive areas of the market are rallying, which is typical in a late-stage bull market.
    • Bull markets are inevitably followed by bear markets and a financial reset, Vermeuelen warned.
     
  13. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    SPX down 4 days in a row. It's a bad omen if it goes down 5 in a row.
     
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  14. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    5 in a row lol and futures down pretty big now :popcorn:
     
  15. stock1234

    stock1234 2017 Stockaholics Contest Winner

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  16. Money123

    Money123 Active Member

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    Sony possibly buying paramount that's Pluto their app also up afterhours yesterday 10 percent.
     
  17. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    10% correction could be coming for the NASDAQ if the tech earnings don’t deliver next week :popcorn: NVDA down 9% :eek:
     
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  18. Money123

    Money123 Active Member

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    Bad news on front
    Aspike in mortgage rates — plus high prices in the current spring market — pushed the cost of a home purchase up to a new all-time high.

    The median monthly payment for a home climbed to $2,775, which is a record high and an 11% increase from a year ago, according to Redfin.
     
  19. Money123

    Money123 Active Member

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    Some guy on Wall Street things bull soon based on VIX
    The uninversion of the VIX means that "markets see lower probabilities of a major high volatility event in the near term," Lee said.

    The last time the VIX experienced an inversion and then subsequent uninversion was in March 2023, which marked a local bottom in the stock market and was followed by a massive year-long rally to the upside.
     
  20. StockJock-e

    StockJock-e Brew Master
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    I keep finding it fascinating how things always turn around.

    ARK was the darling of the fund world, and now its the opposite.

    upload_2024-4-23_11-25-4.png
     
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