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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    Futures rise today

    FOX BUSINESS: "These GDP numbers were shocking. We were expecting a 2.4% growth. The actual came in at 1.6--a huge loss--and with rising inflation...that adds up to stagflation."

    "That's something we haven't seen since the 1970's."
     
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  2. andyvds

    andyvds Active Member

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    Canopy Growth was fun today ...
     
  3. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Still losing money for my small TLRY position, average $3.73 :lauging:
     
  4. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    AMZN up a little and PINS up big after earnings. SMCI down despite strong guidance while AMD and SBUX down pretty big after earnings, seems like SBUX seeing decline of sales in North America this time too so they can't just blame the China weakness :eek:
     
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  5. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Feel like we might see more downside ahead unless the FED becomes pretty dovish tomorrow, just my gut feeling :lauging:
     
  6. andyvds

    andyvds Active Member

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    And time will tell, but I this think that buying some Novavax at $4 might be a great buy.
     
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  7. Money123

    Money123 Active Member

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    Made some money on Roku since Monday may hold till be fall off again.
     
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  8. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Chinese ETFs up 8% today (KWEB, CQQQ). Of course there's some individual stocks doing even better.
     
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  9. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    I might start thinking about putting some money in some Chinese stocks, political risk is high but the valuations looking pretty good here :popcorn:
     
  10. Money123

    Money123 Active Member

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    Im thinking of getting in AI - NOTE, Long LYFT and Boeing
     
  11. Money123

    Money123 Active Member

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    VTNR short term NOTE short term also. LYFT long and ROKU holding long Boeing long.

    In Roku rest getting in Monday!
     
  12. Chester Smith

    Chester Smith New Member

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    Im still at it , still praying bitfarms will go up after giving them too much money. I would say over bought but I am not a complete clown that air trades what he doesn't have or uses margin. Sadly they never even gave me any this time.
     
  13. andyvds

    andyvds Active Member

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    Novavax made my day.
     
  14. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Congrats :)
     
  15. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Hope you guys made some money this week :D XLU red hot lately :eek: Recent data (ISM, jobless claims, consumer confidence) showing the economy might be cooling down a little bit and we will get the inflation data and retail sales data next week. If I have to guess the worst case for the market would be the inflation data come in hot and the retail sales data comes in soft. Who knows though, should be a pretty eventful week next week :D
     
  16. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Hang Seng Index on a tear lately :eek: Remember Chinese stocks got beaten down to death while the US and a lot of markets globally kept rallying, might not be surprising to see Chinese stocks outperforming even if we see some sizable pullback in the US market :hmm:
     
  17. Money123

    Money123 Active Member

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    [​IMG]
     
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  18. andyvds

    andyvds Active Member

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    I think the Novavax bulls are not satisfied yet. The Sanofi deal might be a game changer for Novavax.
     
  19. stock1234

    stock1234 2017 Stockaholics Contest Winner

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