All things STOCKS

[Jax_Vol]

I showered early this morning because I knew I was going to be glued to my PC all day with this going on.

I just showered again because I was in a cold sweat for 5 hours straight.

Yup...my ticker is too old for that stuff anymore.

But I could tell a couple of war stories from 25 years ago.

 

[DinkinFlicka]

Yup...my ticker is too old for that stuff anymore.

But I could tell a couple of war stories from 25 years ago.

Were you calling your broker back then?

 

[Jax_Vol]

Were you calling your broker back then?

Beginning of E-trade and AmeriTrade and Datek/Deltek/something...I think?

Paying $19.95 per trade

It is a new day.

 

[walkenvol]

Any of you guys follow ALAB? Seems like another player in the AI space with rosy predictions?

Welp, up 32% since posting this?

 

[walkenvol]

I’m leaning that direction ATM as $470-480 seems reasonable and you get a 3% dividend while waiting. Can’t throw everything into A.I. and technology. Would be more fun if Jax had stayed on board with us!

Hey aeiou - we hit $470 today which I think has us up about 13%! When you cashing out?

 

[Thunder Good-Oil]

Beginning of E-trade and AmeriTrade and Datek/Deltek/something...I think?

Paying $19.95 per trade

It is a new day.

Datek. Before Schwab ended up owning most of the “deep discount” brokers. Ameritrade (and the Think or Swim platform). Waterhouse. TD Waterhouse. Scottrade. Datek. They’re all Schwab now.

Touch tone trading was $29.99/trade. It was a big deal when they had to compete and got the price down to $9.99/trade. Brown and Company was another deep discount brokerage.

Then if you were really on the cutting edge you’d get a pocket quote machine. Live stock quotes over an FM frequency. Quotrek. Pocket Monitor.

 

[Go aeiou]

Hey aeiou - we hit $470 today which I think has us up about 13%! When you cashing out?

out
I think.
Mighta kept just a little. Kick myself in the butt.

 

[mrorange211]

I'm 50% cash again.

 

[Jack Burton]

I recently bought some BMNR just for speculation. Suddenly it had a great day.

 

[walkenvol]

I'm 50% cash again.

So you thinking interest rates are not getting lowered? If they don’t I can definitely see some negative market reaction. If they are lowered, then it’s hard not to predict some positive market movement?

 

[Jax_Vol]

So you thinking interest rates are not getting lowered? If they don’t I can definitely see some negative market reaction. If they are lowered, then it’s hard not to predict some positive market movement?

I'm extremely conservative right now in same vein due to Yom Kippur. Historically, September is the worst month. Many would argue it is directly tied to that holiday season.

The Jewish religion has enough money in market, when they stop trading for couple of weeks, you can see the difference.

One of you guys who understands those details better than I can clean up the description and whatever I'm misstating. I'm not Jewish.

Would add, last year, September/October held up very well.

 

[DinkinFlicka]

Seems to me most of the market's baked in a 25 cut.

 

[Jack Burton]

Seems to me most of the market's baked in a 25 cut.

I think so too. Let’s hope for 50.

 

[DinkinFlicka]

I think so too. Let’s hope for 50.

Brother if 50 happens, my portfolio is going to shake the pillars of Heaven.

 

[Jack Burton]

Brother if 50 happens, my portfolio is going to shake the pillars of Heaven.

 

[Jax_Vol]

What is up with Telsa?

Elon getting his act back together after the DOGE stuff

 

[Thunder Good-Oil]

Sept Empire State manufacturing survey Monday at 8:30am.

Tuesday:
August retail sales (8:30am)
August import price index (8:30am)
August industrial production (9:15am)
August capacity utilization (9:15am)
July business inventories (10:00am)
September home builders confidence (10:00am)
FOMC meets day 1 of 2

Wednesday:
Housing (8:30am)
FOMC meets day 2 of 2
FOMC rate decision (2pm)
King Jerome speaks (2:30pm)

Thursday:
8:30am initial jobless claims, Philly Fed manufacturing survey
10:00am August Leading Economic Inductors (LEI)

Friday:
San Francisco Fed President speech (2:30pm)

 

[Thunder Good-Oil]

What is up with Telsa?

Elon getting his act back together after the DOGE stuff

Elon bought 2.6 million shares.

Also, quarter (or half) point rate cut shifts investment capital from debt to equity.

Crazy people aren’t scaring away Tesla buyers with threats of torching their cars.

Just my $0.02.

 

[Thunder Good-Oil]

Tuesday:
20 year bond auction (1:00pm).
Weekly crude oil stock (4:30pm).

Wednesday:
British Aug (YoY) CPI/inflation indicators (2am)
Europe Aug CPI (5am)
Canadian interest rate decision (9:30am)

Thursday:
British interest rate decision (7:00am)
Japan interest rate decision (11pm)

 

[05_never_again]

What is up with Telsa?

Elon getting his act back together after the DOGE stuff

Better PR is probably most of it. I think Elon is actually running the company again.

 

[Thunder Good-Oil]

Elon’s compensation package, if approved, approaches a trillion dollars. Mostly stock price improvement measurement based. Which is stupid. Unless it doesn’t vest for about 10 years.

 

[Jax_Vol]

Tuesday:
20 year bond auction (1:00pm).
Weekly crude oil stock (4:30pm).

Wednesday:
British Aug (YoY) CPI/inflation indicators (2am)
Europe Aug CPI (5am)
Canadian interest rate decision (9:30am)

Thursday:
British interest rate decision (7:00am)
Japan interest rate decision (11pm)

Is J-Pow doing his thing Wed afternoon? Or am I off by a week?

 

[05_never_again]

Is J-Pow doing his thing Wed afternoon? Or am I off by a week?

Yeah, it's Wednesday. A 25 bp cut is assured so I imagine most of the analysis will be of the statement and the markets will want to see language hinting at future cuts.

 

[Thunder Good-Oil]

Is J-Pow doing his thing Wed afternoon? Or am I off by a week?

He is. This Wednesday at 2:30 after the decision is announced at 2pm. The FOMC meets behind closed doors starting tomorrow.

You’re replying to post #2 of this week’s economic calendar events. The bigger domestic events are listed in the first post.

 

[Thunder Good-Oil]

https://www.marketwatch.com/economy-politics/calendar

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