Daily Discussion - Main Discussion thread

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

  1. bigbear0083

    bigbear0083 Well-Known Member

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  2. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Some charts not updating...the entire finviz frontpage not updating.
    Is this a daylight savings time feature?
     
  3. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    I'll see in about a minute I guess.
     
  4. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    China appears to have built full-scale mock-ups of US warships in a desert in the country's north-western Xinjiang region, satellite images show.

    [​IMG]


    One of the images, captured by US space technology company Maxar, shows a structure shaped like a military aircraft carrier placed on rail tracks.

    USNI News, a site specialising in the US Navy, said the structures appeared to be targets built by the military.

    The site reported that the building of such structures "shows that China continues to focus on anti-carrier capabilities, with an emphasis on US Navy warships".

    https://www.bbc.com/news/world-asia-china-59210417

    The timing of this makes me think China is training Dune worms to fight for them lol.
     
    #1284 anotherdevilsadvocate, Nov 8, 2021
    Last edited: Nov 8, 2021
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  5. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    RBLX going crazy after hours :eek: If you are bullish on the future of metaverse then it is one of the better plays out there I guess along with U and NVDA maybe.
     
  6. stock1234

    stock1234 2017 Stockaholics Contest Winner

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  7. bigbear0083

    bigbear0083 Well-Known Member

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    Top of the morning Stockaholics! Happy Tuesday to all of you! And welcome to the new trading day and a fresh start! Here is a quick check on those futures as we are just over 3 hours from the cash market open.

    GLTA on this Tuesday, November the 9th, 2021.

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  8. bigbear0083

    bigbear0083 Well-Known Member

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  9. bigbear0083

    bigbear0083 Well-Known Member

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    Morning Lineup - 11/9/21 - Do We Have Twelve?
    Tue, Nov 9, 2021

    It's a mixed morning in the equity markets as the S&P 500 and Dow are indicated to open modestly lower while the Nasdaq is indicated higher. In the case of the Nasdaq, it's looking to extend its "Spinal Tap" streak of eleven straight days of gains to a full dozen. The rally in crypto has continued again this morning with both bitcoin and ether trading at record highs. In the treasury sector, 10-year yields are back down to 1.46%.

    In economic data, PPI came in right in line with expectations at the headline level (0.6%) and slightly weaker than expected at the core level (0.4% vs 0.5%).

    With a gain to kick off the week yesterday, the Nasdaq extended its streak of positive days to eleven. There hasn't been a streak longer than this since July 2009, and the only one that was as long was back in December 2019. Going back to 1980, the current streak is just the 15th that has lasted at least eleven trading days. Of those, the majority (8) of them were in the 1980s, including the longest which stretched out to 17 trading days in early 1985. Since 1990, there have only been six other streaks of eleven or more trading days, and only two of those have occurred since 2000.

    [​IMG]
     
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  10. stock1234

    stock1234 2017 Stockaholics Contest Winner

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  11. andyvds

    andyvds Active Member

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    Tesla -12%, damn. that's a lot of $$$.
     
  12. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Got in at $1020.41 for a swing trade :popcorn:
     
  13. T0rm3nted

    T0rm3nted Moderator
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  14. bigbear0083

    bigbear0083 Well-Known Member

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    Top of the morning Stockaholics! Happy Hump Day to all of you! And welcome to the new trading day and a frrrrrrrrrrrrresh start! Here is a quick check on those futures as we are just about 1 hour away from the cash market open.

    GLTA on this Wednesday, November the 10th, 2021.

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  15. bigbear0083

    bigbear0083 Well-Known Member

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  16. bigbear0083

    bigbear0083 Well-Known Member

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    Morning Lineup - 11/10/21 - CPI on Fire
    Wed, Nov 10, 2021

    After days where it seemed as though stocks could only go up and yields could go down, major US indices are poised for their second straight day of losses while the yield on the 10-year is up from its lowest levels since late September. Coming into today's CPI report for October, there was some upside risk based on certain aspects of yesterday's PPI report, and that definitely showed through in the numbers as headline CPI rose 0.9% versus forecasts for an increase of 0.6%. Core CPI rose 0.6% which was also significantly higher than the 0.4% forecasts. On a y/y basis, headline CPI rose 6.2%. Outside of October 1990 when y/y CPI rose 6.3%, this reading hasn't been higher since the early 1980s.

    Due to the Veterans Day holiday tomorrow, jobless claims were released a day early this week, and the results were also not what the market wanted to see as both initial and continuing claims came in higher than expected. In reaction to both reports, equity futures have dropped modestly and yields are higher but not to a large degree either way.

    The decline in the 10-year yield over the last several days (before today) caught a number of investors off guard. After rebounding off its summer lows right around 1.25%, the yield ran up to just above 1.7% in late October. Just as the taper started to show up on the horizon, though, the upside momentum in yields stalled out and quickly started to reverse even as inflation data continues to run hot.

    [​IMG]

    Since the 10-year yield peaked on 10/21 just above 1.7%, it has seen a rapid decline falling to 1.44% yesterday. While it's a bit of an arbitrary time window, the current 13-trading day decline of 27 basis points (bps) in the 10-year yield is the second largest over the last 12 months behind only the 28 bps decline seen in mid-July. That decline actually came right around the low point in yields for the summer. How markets react to today's much higher than expected October CPI report will likely give us clues as to whether or not the same reversal in yields plays out this time around too.

    [​IMG]
     
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  17. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    A lot of high valuation tech stocks getting hammered today :eek:
     
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  18. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    SOFI and BROS up after earnings, 2 stocks that I kinda want to get into but I didn't want to gamble on earnings :p AFRM up pretty nicely after earnings too :eek:
     
  19. stock1234

    stock1234 2017 Stockaholics Contest Winner

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  20. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Panera was lackluster as a stock before they went private, is what I remember.
    They better now have at least an app, and some delivery program...that's like the restaurant stock starter kit nowadays.

    How long until restaurants start incentivizing you to put money into your app account? Kinda like a gift certificate. You can wire $50 into the app (so the restaurant is holding the money, acting like a bank...with millions of customers nationwide). And if you make a purchase with that app cash then you get a 10% discount. And another benefit to the restaurant is they don't have to pay credit card fees.
     
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