LMAO already down triple digits.
SVTP stock pick thread.
- Thread starter STAMPEDE3
- Start date
Gotta be pretty major liquidations puking at this point.
All the Quant data and algos showed 100% perfect bottom back in June.
I don't think main street realizes just how bad this is yet.
I am enjoying all the buying strength of the dollar now though.
All the Quant data and algos showed 100% perfect bottom back in June.
I don't think main street realizes just how bad this is yet.
I am enjoying all the buying strength of the dollar now though.
Added some UAN.
Futures all over the place again.
UK blinked and the markets cheer, crazy, their inflation is a dumpster fire.
Got a few daily limit orders in to nibble.
NASDAQ is getting freight trained.
Well, OK then.
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U.S. GDP estimate stays unchanged at -0.6% for Q2, PCE estimate increases
Sep. 29, 2022 8:31 AM ETBy: Liz Kiesche, SA News Editor25 Comments
Darren415/iStock via Getty Images
- Q2 GDP (third estimate) -0.6% vs. -0.6% consensus and prior estimate of -0.6%. In Q1, U.S. GDP fell 1.6%.
- The update primarily reflects an upward revision to consumer spending that was offset by a downward revision to exports. Imports, which is subtracted in the GDP calculation, were also revised down.
- Real gross domestic income was revised down to +0.1% vs prior estimate of +1.4% and +1.8% in Q1.
- PCE price index: +7.3% vs. prior estimate of +7.1%.
- Core PCE price index: +4.7% vs. prior estimate of +4.4%.
- Corporate profits: Profits from current production increased $131.6B in Q2, down from the prior estimate of a $175.2B increase.
- Profits of domestic financial corporation dropped $46.0B, compared with the prior estimate of down $24.2B. Profits of domestic nonfinancial corporations rose $152.2B, less than the previous estimate of a $173.9B increase.
3 of my limit orders hit. May put a limit order in on INTC at $25 tomorrow. Just trying to bottom feed on stuff at 52 week lows or worse that have downturn built into the price. I like a solid well covered dividend, but don't mind some price upside potential, it makes rotating easier.
Puts printed like crazy this morning. Got a couple calls into tomorrow for a small rally. Loading puts on every pop though, market will continue to trend down imo. Staying heavy cash for the most part and just playing the swings.
This is the kind of price trace I love to find. Now to investigate the why. This would go into my utility bucket, which I thinned out a while back. Good dividend growth over time also. Current 6.5% dividend, which is very good for a utility and some upside potential on price.
Algonquin Power & Utilities Corp NYSE: AQN
Algonquin Power & Utilities Corp NYSE: AQN
Well OK, so researching AQN turned me onto AQNU, which is quite interesting. It trades on the NYSE and I am trying to figure out the tax implications of a Canadian company trading on the NYSE.
For me, it's enough just keeping track of U.S. based stocks and the U.S. economy let alone learning about another country's. On a side note, I noticed INTC dropped below $26.
My INTC limit order filled. I did pick up the AQNU also.
Last 30 minutes were ugly today. I added to three positions I took last week.
Pretty much played out like I thought. Sold my calls on the small rally this morning. Loaded puts at spy 365.xx, sold them all for 70-80% gains late this afternoon. Didn’t catch the bottom with those last few candles knifing like they did at close but it’s better to not be greedy in this kinda market. Cash heavy again going into next week but I did grab a couple 380 yolo calls for next week at the bell.
Calm before the storm?
Saw a post this am and someone mentioned futures are down already. Don’t see futures on yahoo or my E*TRADE.
Was that guy confused or can you see them somewhere already?
Sent from my iPhone using svtperformance.com
Was that guy confused or can you see them somewhere already?
Sent from my iPhone using svtperformance.com
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