OA1 with the trade news, do you expect a retest of the 2800 resistance today?
EngrAg14 said:
OA1 with the trade news, do you expect a retest of the 2800 resistance today?
HAHA! Give them a taste of 'pain' early in the process. Lets toss in AVEO too!oldarmy1 said:
Even TRNX moving. Don't give up on that one. I'm telling you its going to shock everyone once they fully realize their strategic plan.
In the meantime we should continue to make it a forum must own for every new member.
Quote:
UPDATE -- AMD to Present at Bank of America Merrill Lynch 2019 Global Technology Conference
6:45 pm ET June 3, 2019 (Globe Newswire) Print
AMD (NASDAQ: AMD) today announced that Ruth Cotter, senior vice president of Worldwide Marketing, Human Resources and Investor Relations, will present at the Bank of America Merrill Lynch 2019 Global Technology Conference at 9:30 a.m. PT on Thursday, June 6, 2019.
A real-time audio webcast of the presentation can be accessed on the Investor Relations homepage: http://ir.amd.com.
A replay of the webcast can be accessed approximately four hours after the conclusion of the live event and will be available for 30 days after the conference.
oldarmy1 said:
BOX getting pummeled after beating expectations due to lowered guidance. That could be an opening to buy for long term accounts.
Major support was at $15.90-$16 area so I'd expect to see that today even if the bottom isn't in.
Out of these at $3.60. Not a bad one for a day.IrishTxAggie said:
STZ almost in the money for me on the weeklys
LinkYNWA_AG said:
Facebook ousts zuckerberg as chairman
oldarmy1 said:
$138.50 gets us $140 on NVDA.
BAC now in the money $27.11
Ok, we had the "pop" and the initial pullback on profit taking. Expect another move down as a bear test. This is where we find out what its gonna be.oldarmy1 said:
SQ coming under $60 yesterday per target. All of these stocks everyone is posting will make good moves if the open profit taking sees buyer support push back upward.
Pretty typical open would be a quick further short covering pop followed by profit taking. Then traders sit and watch with baited breath, to see if major buyers flood in and we get a real short squeeze rally or if we trade sideways resulting in no new highs post open pop.
Fun stuff
Way to get my hopes up... that vote is old newsYNWA_AG said:
Facebook ousts zuckerberg as chairman
Quote:
Federal Reserve Chairman Jerome Powell said the central bank is watching current economic developments and will do what it must to keep the near-record expansion going.
Financial markets have been nervous lately over an escalating trade war that has spread from China and now could include Mexico. At the same, government bond yields are behaving in a way that in the past has been a reliable recession indicator.
Powell began a speech Tuesday in Chicago by addressing "recent developments involving trade negotiations and other matters."
"We do not know how or when these issues will be resolved," he said in prepared remarks. "We are closely monitoring the implications of these developments for the U.S. economic outlook and, as always, we will act as appropriate to sustain the expansion, with a strong labor market and inflation near our symmetric 2 percent objective."
Powell's comments came at the "Conference on Monetary Strategy, Tools and Communications Practices," a kickoff for an examination the Fed is conducting this year about the tools it has to meet its goals as well as the way it is communicating its actions to the public.
He did not address any other specific issues relating to current conditions. Market are broadly expecting the policymaking Federal Open Market Committee to cut its benchmark rate twice before the end of the year in response to current conditions.
NVDA showing some good strength.oldarmy1 said:
reverse H&S on S&P. NVDA popping.
We'll see $140 I think todayboyz05 said:NVDA showing some good strength.oldarmy1 said:
reverse H&S on S&P. NVDA popping.
I wouldn't sell half of the LEAPS. Those are worth gold next year. I was thinking of a covered call on the shares if they hit $4.50.IrishTxAggie said:
Sell half and half?