Invest and learn
voted
Initial Jobless Claims Near Record Lows, Continuing Claims At 2-Year-Highs
Prior week 202K (were estimating 220K)
Initial jobless claims 205K vs 215K estimate
4-week MA jobless claims
Continuing Claims 1.865M vs 1.888M estimate. Prior week 1.876M
4-week MA continuing claims
US Q3 2023 GDP (third reading) +4.9% vs +5.2% expected
The second reading was +5.2.%
GDP revised lower.
The Q2 final reading was +2.1%
Details:
Consumer spending +3.1% vs +3.6% prelim
Consumer spending on dur...
Prior week 202K (were estimating 220K)
Initial jobless claims 205K vs 215K estimate
4-week MA jobless claims
Continuing Claims 1.865M vs 1.888M estimate. Prior week 1.876M
4-week MA continuing claims
US Q3 2023 GDP (third reading) +4.9% vs +5.2% expected
The second reading was +5.2.%
GDP revised lower.
The Q2 final reading was +2.1%
Details:
Consumer spending +3.1% vs +3.6% prelim
Consumer spending on dur...
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$Lixte Biotechnology (LIXT.US)$ 700k float / 60% institutional /67% CTB
$Grove Collaborative (GROV.US)$ 16m float / 74% institutional/ 30% CTB
$Acorda Therapeutics (ACOR.US)$ 1.2m float/ 18% institutional/ 37% CTB
$Verastem (VSTM.US)$ 16m float / 40% institutional/ 18% CTB
$Cibus Inc (CBUS.US)$ 16m float / 12% institutional
$Bone Biologics (BBLG.US)$ 27m float / 17% institutional/ 127% CTB
$Greenlane (GNLN.US)$ 1.5m float/ 17% institutional/ 35% CTB
$VistaGen Therapeutics (VTGN.US)$ 7.2m floa...
$Grove Collaborative (GROV.US)$ 16m float / 74% institutional/ 30% CTB
$Acorda Therapeutics (ACOR.US)$ 1.2m float/ 18% institutional/ 37% CTB
$Verastem (VSTM.US)$ 16m float / 40% institutional/ 18% CTB
$Cibus Inc (CBUS.US)$ 16m float / 12% institutional
$Bone Biologics (BBLG.US)$ 27m float / 17% institutional/ 127% CTB
$Greenlane (GNLN.US)$ 1.5m float/ 17% institutional/ 35% CTB
$VistaGen Therapeutics (VTGN.US)$ 7.2m floa...
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$JD.com (JD.US)$ its finance is good, why down?
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Invest and learn
voted
BABA's Current Narrative
One of the best companies in China has had a rough few years in the stock market. BABA experienced a very bullish Friday due to the markets assumption that the chinese government is easing its megacap tech crackdown.
This assumption stemed from the chinese government giving Ant group a measly fine of several hundred million dollars. This is chump change to a huge company like BABA. If this is the extent to the China tech crackdown, then it might b...
One of the best companies in China has had a rough few years in the stock market. BABA experienced a very bullish Friday due to the markets assumption that the chinese government is easing its megacap tech crackdown.
This assumption stemed from the chinese government giving Ant group a measly fine of several hundred million dollars. This is chump change to a huge company like BABA. If this is the extent to the China tech crackdown, then it might b...
+2
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What a day, aiming for a 30% day, was there for a second.
$Schlumberger (SLB.US)$
$Invesco QQQ Trust (QQQ.US)$
$JD.com (JD.US)$
$Alibaba (BABA.US)$
$MARA Holdings (MARA.US)$
$Cleveland-Cliffs (CLF.US)$
$Transocean (RIG.US)$
$Rocket (RKT.US)$
$Dish Network (DISH.US)$
$Robinhood (HOOD.US)$
$Schlumberger (SLB.US)$
$Invesco QQQ Trust (QQQ.US)$
$JD.com (JD.US)$
$Alibaba (BABA.US)$
$MARA Holdings (MARA.US)$
$Cleveland-Cliffs (CLF.US)$
$Transocean (RIG.US)$
$Rocket (RKT.US)$
$Dish Network (DISH.US)$
$Robinhood (HOOD.US)$
+1
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Invest and learn
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Another quick update. Just the nasdaq.
RALLY!
But will it last?
$E-mini NASDAQ 100 Futures(MAR5) (NQmain.US)$
14400 target
$Invesco QQQ Trust (QQQ.US)$
I expect a pullback tonaround 335, it support holds this is a Buy the dip. I have 349 call it 350 as a target. I would not hold anything long (overnight, I didn't yesterday and now I'm crying, but better to be safe)
be Safe be careful be wise
and as always
good Luck
RALLY!
But will it last?
$E-mini NASDAQ 100 Futures(MAR5) (NQmain.US)$
14400 target
$Invesco QQQ Trust (QQQ.US)$
I expect a pullback tonaround 335, it support holds this is a Buy the dip. I have 349 call it 350 as a target. I would not hold anything long (overnight, I didn't yesterday and now I'm crying, but better to be safe)
be Safe be careful be wise
and as always
good Luck
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May Day!...
oh, that was yesterday 😄
Wow have I been busy. I haven't been able to make posts. I'm exhausted and fall asleep the second I stop moving 😴
The markets are waiting on J Pows' speech tomorrow. JOLTS (Job Openings and Labor Turnover Survey) is released half an hour after open. Because of this, I would not trust any market movement until this news is released. Overall, I would expect the markets to go to "neutral" before FOMC presser. Neutral can be flat, but I prefer the 5 d...
oh, that was yesterday 😄
Wow have I been busy. I haven't been able to make posts. I'm exhausted and fall asleep the second I stop moving 😴
The markets are waiting on J Pows' speech tomorrow. JOLTS (Job Openings and Labor Turnover Survey) is released half an hour after open. Because of this, I would not trust any market movement until this news is released. Overall, I would expect the markets to go to "neutral" before FOMC presser. Neutral can be flat, but I prefer the 5 d...
+7
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