SVTP stock pick thread.

q6543

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Almost 5% IN SPY and almost 7% in the QQQ.

Today is a momentum shift absolute face ripping rally... and you had to already be invested to catch any of it.

The market is just so damn fast today.
Short covering, sideline cash, another lower inflation print next month, strong seasonal.

We're primed for another 15 year secular bull.

2 years from now peoples will look back and say... I can't believe I forgot rate hikes are BULLISH!

History books will be along the lines of inflation panic crash, taper tantrum 2.0
 

Weather Man

Persistance Is A Bitch
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Almost 5% IN SPY and almost 7% in the QQQ.

Today is a momentum shift absolute face ripping rally... and you had to already be invested to catch any of it.

The market is just so damn fast today.
Short covering, sideline cash, another lower inflation print next month, strong seasonal.

We're primed for another 15 year secular bull.

2 years from now peoples will look back and say... I can't believe I forgot rate hikes are BULLISH!

History books will be along the lines of inflation panic crash, taper tantrum 2.0

Volatility was the lesson for today. That said, I had a good day. Remember the Biden strategic reserve releases will be stopping with the election over.
 

jvandy50

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that whipsaw from SPY a couple weeks ago spooked me on a CPI day…and i missed out on a ton of gains lol

i kept thinking a speaker would say something to send it the other way just as harshly
 

VegasMichael

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@VegasMichael why are you "deleting" your posts in here?
The past couple days on the site I've been getting booted off and taken to other sites, many of which are pretty suspect. It happens if I peruse the forums while logged in and it happens if I peruse the forums while logged out. It doesn't happen on any other site I visit. I started thinking that maybe some link or tag got attached to something I posted the past couple days might have something to do with it so I went back and started deleting things I posted since this problem started. I posted a thread about it in the Help Desk forum.
 

RUNVS?

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I hope none of you guys were heavily invested with FTX. They took a beating this past week and filed for bankruptcy protection. The owner/CEO lost over 94% of his net worth and resigned from the company. o_O

I actually finished off the week on an up note. Sold off all 150 shares of my T Rowe Price stock for a 30% profit. The cash account is in really good shape now. My broker is looking into RumbleOn (RMBL), since it dropped to below $10.00 a share on Friday. We may pull the trigger on purchasing 1,000 shares early next week. The 52-week high was up to $46.90, so it's at a deep discount right now.
 

RUNVS?

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My broker has repeatedly told me to stay away from crypto. He's very good at what he does, so I have followed his advice. I know there are lots of investors who have made big money in crypto currencies, but so did many of Bernie Madoff's clients.
 

VegasMichael

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DOW Futures down over 300.

Paramount Global (Para) is looking interesting. Low PE, decent dividend, three year low. Owns Paramount, Showtime, MTV, Comedy Central, CBS. Either Warren Buffet or one of his minions recently took a large position for Berkshire Hathaway. I worry about their recent management shake-up as well as the large short position of over 10%. I'm also not a huge fan of media companies since viewership can be finicky.
 
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RUNVS?

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I sold off all of my Cisco (CSCO) and part of my Chevron (CVX) this morning right after the opening bell. Turned a nice profit on both. The cash account is flush, so I'll need to put it to work soon. My broker didn't like RumbleOn or Hasbro, so he'll continue looking.
 

Weather Man

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Yield curve inverts to its deepest level since 1982​

Nov. 17, 2022 9:48 AM ETiShares Core U.S. Aggregate Bond ETF (AGG), BND, TLT, IEFSHY, IEI, TLH, SPTL, VGSH, VGIT, VGLT, SCHO, SCHR, GOVT, US10Y, US2YBy: Jason Capul, SA News Editor27 Comments

Inverted Yield Curve with aerial view of New York City

Melpomenem/iStock via Getty Images

The yield curve inversion between the 2-year and 10-year Treasury notes has deepened to its widest level in four decades. The spread between the 2-year and 10-year extended to a mark of -66 basis points early Thursday, marking the deepest inversion since 1982.
In early market action, the 10Y (US10Y) was up 9 basis points to 3.78% while the 2Y (US2Y) gained 9 basis points as well, which pushed the yield to 4.45%.
Historically speaking, long periods of inversion have predicated future economic downturns.
Commenting on the current situation, Deutsche Bank's Jim Reid stated: “The 2s10s yield curve closing beneath -60bps for the first time since 1982, which is concerning when you consider its historic accuracy as a leading indicator of recessions.”
“Other yield curves also inverted by even more, with the 3m10yr curve down -6.6bps to -54.2bps. And even the Fed’s preferred yield curve (18m forward 3m yield minus the spot 3m yield) has now spent a full week in inversion territory, closing yesterday at -15.3bps, which is the lowest since March 2020."
See below a chart between the 10Y and 2Y dating back to the beginning of 2020.

As the yield curve inverts, Treasury ETFs come into focus: (NYSEARCA:AGG), (NASDAQ:BND), (NASDAQ:TLT), (IEI), (NASDAQ:IEF), (SHY), (GOVT), (VGSH), (VGIT), (SCHO), (SCHR), (SPTL), (TLH), and (VGLT).
Michael Darda, MKM Partners' chief economist and market strategist, said, "As a practical matter, the inversion means the market expects growth prospects to weaken and hence short rates not to be maintained at current levels for an extended period of time."
"A spin back in time shows that anytime the longer-dated curve has inverted, slower growth and Fed rate cuts have followed with no exceptions to the rule (in every instance but one an NBER recession also followed)." Darda added.
While an inverted curve may hint at a recession, Russell Investments believes that the U.S. is not in a downturn at the moment but more than likely will be by the end of 2024.
 

VegasMichael

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Yield curve inverts to its deepest level since 1982​

Nov. 17, 2022 9:48 AM ETiShares Core U.S. Aggregate Bond ETF (AGG), BND, TLT, IEFSHY, IEI, TLH, SPTL, VGSH, VGIT, VGLT, SCHO, SCHR, GOVT, US10Y, US2YBy: Jason Capul, SA News Editor27 Comments

Inverted Yield Curve with aerial view of New York City

Melpomenem/iStock via Getty Images

The yield curve inversion between the 2-year and 10-year Treasury notes has deepened to its widest level in four decades. The spread between the 2-year and 10-year extended to a mark of -66 basis points early Thursday, marking the deepest inversion since 1982.
In early market action, the 10Y (US10Y) was up 9 basis points to 3.78% while the 2Y (US2Y) gained 9 basis points as well, which pushed the yield to 4.45%.
Historically speaking, long periods of inversion have predicated future economic downturns.
Commenting on the current situation, Deutsche Bank's Jim Reid stated: “The 2s10s yield curve closing beneath -60bps for the first time since 1982, which is concerning when you consider its historic accuracy as a leading indicator of recessions.”
“Other yield curves also inverted by even more, with the 3m10yr curve down -6.6bps to -54.2bps. And even the Fed’s preferred yield curve (18m forward 3m yield minus the spot 3m yield) has now spent a full week in inversion territory, closing yesterday at -15.3bps, which is the lowest since March 2020."
See below a chart between the 10Y and 2Y dating back to the beginning of 2020.

As the yield curve inverts, Treasury ETFs come into focus: (NYSEARCA:AGG), (NASDAQ:BND), (NASDAQ:TLT), (IEI), (NASDAQ:IEF), (SHY), (GOVT), (VGSH), (VGIT), (SCHO), (SCHR), (SPTL), (TLH), and (VGLT).
Michael Darda, MKM Partners' chief economist and market strategist, said, "As a practical matter, the inversion means the market expects growth prospects to weaken and hence short rates not to be maintained at current levels for an extended period of time."
"A spin back in time shows that anytime the longer-dated curve has inverted, slower growth and Fed rate cuts have followed with no exceptions to the rule (in every instance but one an NBER recession also followed)." Darda added.
While an inverted curve may hint at a recession, Russell Investments believes that the U.S. is not in a downturn at the moment but more than likely will be by the end of 2024.
Now it's 2024? Not 2023?
 

VegasMichael

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The Fed is crushing housing and looks like starting to crush auto's, but the labor shortage confounds. How high does the Fed have to go?
Not sure about labor shortage. Seems a lot of people don't want to work. Not sure how they are going to subsist. Tech is laying off left and right but a lot of non-tech arenas are looking for employees.
 

VegasMichael

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Rail strike is looming. I had no idea there were 12 different unions.
 

CompOrange04GT

Anyone have a strap on my girl can use on me?
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C8CED801-0162-4B72-9418-F1A723C977CF.png
Anybody see what happened with the dating app for the gays ? Grindr ?

Merged with a blank check company

FOUR hundred percent jump. Still up 200%
 

capnkirk52

Eat more POTATOES!!!
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The target addressable market is 2.5% of the population….great business model lol
I bet that 2.5% number is way low. There are plenty of curious men out there. One of our gay friends is on Grinder and he says he gets more messages from straight married men than he does from gay ones. The majority of the straight married men just want to give him a bj.
 

Weather Man

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I bet that 2.5% number is way low. There are plenty of curious men out there. One of our gay friends is on Grinder and he says he gets more messages from straight married men than he does from gay ones. The majority of the straight married men just want to give him a bj.

Sure.
 

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