$SIG moving down towards the $70 level Prog mentioned.
El_duderino said:
$SIG moving down towards the $70 level Prog mentioned.
Man those dudes need some peds, at least some TRT, lol.ProgN said:
Trailer dropped this morning. I can't wait to see this.
POWL has expanded manufacturing capacity and they have a $1.3B backlog with new orders coming in due to ramp up of data centers because of AI. O&G industry were their customers, but now they've added tech companies and diversified where their revenues come from. They keep crushing earnings and growing their backlog then IDC about insiders rewarding themselves by selling some shares.Quacked said:
Yeah most of it is Mr. Thomas Powell selling 25,000 shares a month.
I went ahead and executed this plan this morningbhanacik said:
AVB - I'm looking at the weekly and liking what I see. Thinking about entering now at 203 with a stop just under recent low of 200. Targeting mini-cup completion at 220; may take all there or trim with eventual target of 260
I'm focused purely on price action and not fundamentals
I'd like to get others thoughts; good or bad
I set a tight stop and was stopped out. But I'm looking for a bounce here. The pattern off the June top looks complete to the downside. Should it continue, ultimate stop is $2.90. Should it bounce, first target back up would be $3.50 level. Through that, and $3.85 is next resistance. Through that, $3.85 becomes my stop and I start looking for $4.25 - $4.75.Talon2DSO said:
Anyone still playing HTZ? It's down below $3.30.
Yes - it will be interesting to see.Heineken-Ashi said:
CPI tomorrow. Can't imagine it being a non-factor, but it has been a non-factor many times before.
Keep your eye on treasury yields. The 2-year is moving down and has broken support. 10-year is moving down but hasn't yet matched the 2-year depth of drop. When those start really moving you will see the market, and the FED, react.
Well I sold yesterday at $27.50, so you should see $50 tomorrow!E said:
PLTR finally busted through $28
Their 2% target is merely set at the level that 100+ years of history has shown people are willing to be taxed at (inflation) without creating a fuss. Once it goes over that level, inflation starts to erode away enough from people that they actual feel like they aren't keeping up. And significantly higher for a long period causes revolts and the people along with the general economy force widespread governmental changes. Above 2% usually also comes with rising unemployment, one of the two things the FED is supposed to prevent. So when people start losing jobs, they immediately blame the institution tasked with preventing that from happening.I bleed maroon said:Yes - it will be interesting to see.Heineken-Ashi said:
CPI tomorrow. Can't imagine it being a non-factor, but it has been a non-factor many times before.
Keep your eye on treasury yields. The 2-year is moving down and has broken support. 10-year is moving down but hasn't yet matched the 2-year depth of drop. When those start really moving you will see the market, and the FED, react.
Sidebar: I think Powell has worked himself into a win-win scenario. He can't really be blamed if he keeps rates constant, as we have not reached the inflation target, and unemployment is low enough that it doesn't justify easing on those grounds. However, if he cuts rates before year-end, he can be thought of as forward-looking in terms of his protecting a potentially fragile economy.
As an objective observer, I'm amazed that the Fed has set such a stringent inflation target. I truly believe a range would have been much more appropriate, whether it was 1.5-2.5%, 2-3%, or 1-4%. An absolute target is by definition going to be too high or too low 99%+ of the time, and it's no way to set an overriding strategy, in my opinion.
Can't imagine what you will do when WWR hits $50.E said:
I will quit my job tomorrow if this hits $50 then
Good thoughts. I'd argue a couple points - unemployment is typically inverse of inflation rates. Also, if you look back 50 years, 90%+ of the time, we have experienced more than 2% inflation.Heineken-Ashi said:Their 2% target is merely set at the level that 100+ years of history has shown people are willing to be taxed at (inflation) without creating a fuss. Once it goes over that level, inflation starts to erode away enough from people that they actual feel like they aren't keeping up. And significantly higher for a long period causes revolts and the people along with the general economy force widespread governmental changes. Above 2% usually also comes with rising unemployment, one of the two things the FED is supposed to prevent. So when people start losing jobs, they immediately blame the institution tasked with preventing that from happening.I bleed maroon said:Yes - it will be interesting to see.Heineken-Ashi said:
CPI tomorrow. Can't imagine it being a non-factor, but it has been a non-factor many times before.
Keep your eye on treasury yields. The 2-year is moving down and has broken support. 10-year is moving down but hasn't yet matched the 2-year depth of drop. When those start really moving you will see the market, and the FED, react.
Sidebar: I think Powell has worked himself into a win-win scenario. He can't really be blamed if he keeps rates constant, as we have not reached the inflation target, and unemployment is low enough that it doesn't justify easing on those grounds. However, if he cuts rates before year-end, he can be thought of as forward-looking in terms of his protecting a potentially fragile economy.
As an objective observer, I'm amazed that the Fed has set such a stringent inflation target. I truly believe a range would have been much more appropriate, whether it was 1.5-2.5%, 2-3%, or 1-4%. An absolute target is by definition going to be too high or too low 99%+ of the time, and it's no way to set an overriding strategy, in my opinion.
Put simply, they can erode away the dollar as much as they want as long as it maintains at a 2% average clip. Beyond that, and the people start to fuss.
dont do this to meHeineken-Ashi said:Can't imagine what you will do when WWR hits $50.E said:
I will quit my job tomorrow if this hits $50 then