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02-03-2022, 03:01 PM
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#3151
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Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,764
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Quote:
Originally Posted by PaceAdvantage
Facebook is just getting DESTROYED...
Amazon earnings after the bell...market has moved lower than I expected today.
If Amazon disappoints, this is going to get very ugly very fast...
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i am sticking with down 40% off the top this quarter and maybe a lot more for this year. my reasoning is i don't think there is any more money left to be printed, if they do print the markets will go up, but you will need wheel barrels of money to pay for food.
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02-03-2022, 04:03 PM
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#3152
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Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,764
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i just checked the volume, not enough of it to break lows right now
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02-03-2022, 04:04 PM
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#3153
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PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,646
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Amazon saves the day....for now I guess
Stock is up over 400 points after hours for a 15%+ move higher
S&P futures went from 4462 all the way up to 4506 all due to AMZN after the regular close
Last edited by PaceAdvantage; 02-03-2022 at 04:06 PM.
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02-03-2022, 04:20 PM
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#3154
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PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,646
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GIANT reversal in S&P futures since Amazon reported...from a low of 4462.25 to now sitting at 4518
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02-03-2022, 04:22 PM
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#3155
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PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,646
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I guess the next big move will be tomorrow when the jobs report comes out at 8:30am ET
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02-03-2022, 04:42 PM
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#3156
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PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,646
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$250 BILLION in market cap created in mere minutes...what a world...
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02-04-2022, 07:46 AM
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#3157
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Veteran
Join Date: May 2021
Location: NYC
Posts: 1,554
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The Futures looked great before I logged off last night...
Amazon had a big influence in that..
This morning...
NOT!!!!
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02-04-2022, 09:52 AM
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#3158
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PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,646
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Facebook really screwed a lot of people who thought the 100d MA was secured on Wednesday.
I'm not making anymore pinpoint predictions other than to say, I think this market is heading straight to 4212 and below.
Those job numbers today do nothing but put MORE pressure on the Fed to raise rates more than they thought they would have to. So right now, the market (which moved up about 40pts on the S&P since the jobs numbers) either thinks those numbers are fake, or they are just suckering in the last bit of suckers before it marches down down down.
Last edited by PaceAdvantage; 02-04-2022 at 09:53 AM.
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02-04-2022, 11:46 AM
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#3159
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Registered User
Join Date: Jan 2022
Posts: 785
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Debt
An article came out in Quartz explaining that the debt is not 30 trillion, but "only" 22 trillion. Like that explains away something.
It means that each person in the US owes 67K. And at only 3% to carry it, that means the first 2k of federal taxes paid every year is to carry that debt. That's 2k for Bezos, the guy who hands you fries through McDonald's window, each homeless person and each US college student.
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02-04-2022, 12:52 PM
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#3160
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Veteran
Join Date: May 2021
Location: NYC
Posts: 1,554
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Quote:
Originally Posted by PaceAdvantage
Facebook really screwed a lot of people who thought the 100d MA was secured on Wednesday.
I'm not making anymore pinpoint predictions other than to say, I think this market is heading straight to 4212 and below.
Those job numbers today do nothing but put MORE pressure on the Fed to raise rates more than they thought they would have to. So right now, the market (which moved up about 40pts on the S&P since the jobs numbers) either thinks those numbers are fake, or they are just suckering in the last bit of suckers before it marches down down down.
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i believe FEDS will wait till 1nd qtr earnings...
with Christmas numbers gone ....1st qtr will be another story...or NOT
Don't quit PA....love your posts
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02-04-2022, 01:30 PM
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#3161
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Veteran
Join Date: May 2021
Location: NYC
Posts: 1,554
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Quote:
Originally Posted by PaceAdvantage
Facebook really screwed a lot of people who thought the 100d MA was secured on Wednesday.
I'm not making anymore pinpoint predictions other than to say, I think this market is heading straight to 4212 and below.
Those job numbers today do nothing but put MORE pressure on the Fed to raise rates more than they thought they would have to. So right now, the market (which moved up about 40pts on the S&P since the jobs numbers) either thinks those numbers are fake, or they are just suckering in the last bit of suckers before it marches down down down.
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those job numbers are bullshit.....
its all the people that took advantage of stimulus checks and unemployment benifits...
IT RAN OUT.....NO CHOICE BUT TO GO BACK TO WORK!!!!
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02-04-2022, 03:57 PM
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#3162
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Authorized Advertiser
Join Date: Dec 2014
Location: Oakland, Ca
Posts: 7,953
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Quote:
Originally Posted by PaceAdvantage
Facebook gets META'd ! ! !
stock down over 20% after huge earnings miss...the S&P futures looked like it was going to easily close above the 100d moving average until that news came out after hours....that seems to be out of the question now
ps. couldn't happen to a better company...LMAO
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I got involved with Facebook and other social media, because Google would crawl my site and ding me for "no social media presence". So I got me a social media presence--only, I never heard one customer tell me they saw me on Facebook, etc.
Since Facebook is bleeding members now, and I dislike them immensely...I thought I would do my small part, and CANCEL FB
I actually had to do a search on how to delete a Facebook acct...they don't make it easy to quit them.
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02-06-2022, 01:53 PM
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#3163
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Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,764
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Texas Senator Ted Cruz bought Bit Coin on January 24th. Senator Rick Scott, the richest man in the Senate, just loaded up with Treasury bonds.
unusual to see these guys invest in things other than stocks.
in my life, i would never buy into the Crypto, but would do i know. Ted Cruz had perfect timing on this move on Bit Coin.
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02-07-2022, 09:50 AM
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#3164
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Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,764
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02-07-2022, 11:25 AM
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#3165
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Veteran
Join Date: May 2021
Location: NYC
Posts: 1,554
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Quote:
Originally Posted by lamboguy
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Contradicting that the Senator is buying Treasury's and others are buying tech stocks....
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