Daily Discussion - Main Discussion thread

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

  1. Money123

    Money123 Active Member

    Joined:
    Aug 16, 2017
    Messages:
    451
    Likes Received:
    85
    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

    Joined:
    Apr 3, 2016
    Messages:
    4,338
    Likes Received:
    3,383
    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

    Joined:
    Sep 14, 2017
    Messages:
    872
    Likes Received:
    199
    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

    Joined:
    Sep 14, 2017
    Messages:
    872
    Likes Received:
    199
    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

    Joined:
    Sep 14, 2017
    Messages:
    872
    Likes Received:
    199
    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

    Joined:
    Aug 16, 2017
    Messages:
    451
    Likes Received:
    85
    Nice looking correction more into next week. I won't buy anything for a few weeks.
     
  7. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

    Joined:
    Apr 3, 2016
    Messages:
    4,338
    Likes Received:
    3,383
    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)?
     
    stock1234 likes this.
  8. stock1234

    stock1234 2017 Stockaholics Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    5,599
    Likes Received:
    4,625
    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

    Joined:
    Apr 3, 2016
    Messages:
    5,599
    Likes Received:
    4,625
    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

    Joined:
    Apr 3, 2016
    Messages:
    4,338
    Likes Received:
    3,383
    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

    Joined:
    Sep 14, 2017
    Messages:
    872
    Likes Received:
    199
    #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

    Joined:
    Aug 16, 2017
    Messages:
    451
    Likes Received:
    85
    • 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

    Joined:
    Apr 3, 2016
    Messages:
    4,338
    Likes Received:
    3,383
    SPX down 4 days in a row. It's a bad omen if it goes down 5 in a row.
     
    stock1234 likes this.
  14. stock1234

    stock1234 2017 Stockaholics Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    5,599
    Likes Received:
    4,625
    5 in a row lol and futures down pretty big now :popcorn:
     
  15. stock1234

    stock1234 2017 Stockaholics Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    5,599
    Likes Received:
    4,625
  16. Money123

    Money123 Active Member

    Joined:
    Aug 16, 2017
    Messages:
    451
    Likes Received:
    85
    Sony possibly buying paramount that's Pluto their app also up afterhours yesterday 10 percent.
     
  17. stock1234

    stock1234 2017 Stockaholics Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    5,599
    Likes Received:
    4,625
    10% correction could be coming for the NASDAQ if the tech earnings don’t deliver next week :popcorn: NVDA down 9% :eek:
     
    Smokie likes this.
  18. Money123

    Money123 Active Member

    Joined:
    Aug 16, 2017
    Messages:
    451
    Likes Received:
    85
    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

    Joined:
    Aug 16, 2017
    Messages:
    451
    Likes Received:
    85
    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
    Staff Member

    Joined:
    Apr 3, 2016
    Messages:
    9,568
    Likes Received:
    3,555
    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
     
    stock1234 likes this.

Share This Page