Misc Stock Market

[No snow for you]

Yes, I heard from a major investor/developer in commercial real estate that they can't get banks to fund some of their projects.

The banks had to pause lending since the fall as the FDIC and the FED have changed the way the banks account for their risk buckets. It has thrown their books crazy.

 

[David Lowery]

Fed Chair Powell says inflation is starting to ease, but interest rates still likely to rise

Fed Chairman Jerome Powell spoke Wednesday in a question-and-answer session at the Economic Club of Washington, D.C.

www.cnbc.com

 

[No snow for you]

these zero dated options are really messing with the market. forcing the dealers to buy a lot of stock and thus forcing the market higher. At some point these will unwind causing a big drop as the dealers become sellers.

 

[Jimmy Hypocracy]

Yesterday ?

 

[KyloG]

Just a cold blooded market...the worst right now. They yanked it down as Powell was talking and then bid it back up before close, made a new daily high and now been bleeding it back down. Just awful, predatory market. Why I am trading so little right now.

 

[KyloG]

Google straight up nasty...huge engulfing daily candle yesterday. Super bullish...and now today, down almost 10%. Mm's are sweeping the leg today.

 

[severestorm]

Google straight up nasty...huge engulfing daily candle yesterday. Super bullish...and now today, down almost 10%. Mm's are sweeping the leg today.

View attachment 132518

Big oopsie -> Alphabet Stock Loses $100 Billion After New AI Chatbot Gives Wrong Answer In Ad

 

[KyloG]

Big oopsie -> Alphabet Stock Loses $100 Billion After New AI Chatbot Gives Wrong Answer In Ad

Haha...I saw that. Seems a little overdone but momo caught up with Google.

 

[severestorm]

 

[KyloG]

Fairly bearish candles yesterday and so of course...they gap up big today.

Q's with a nice flag building. We haven't had many of these the past 13 months.

 

[KyloG]

S&P osc solidly negative but yet S&P still trading at $413. Some argue neg divergence but this happens too in bull market runs.

 

[severestorm]

Inflation will make headlines in the coming months again as China ends their zero covid policy

 

[KyloG]

I added some $GOOGL at $94 and Q's at $305.20. Let's see if we can get a little bounce. First trades of the week.

Meanwhile, gamma squeeze still going with Tesla.

 

[KyloG]

Come on $GOOGL...really dumb it sold off this much.

Typical reversal, took out the morning low to clear stops and then they run it up.

 

[KyloG]

Come on $GOOGL...really dumb it sold off this much.

Typical reversal, took out the morning low to clear stops and then they run it up.

View attachment 132777

Stopped out of Q's shortly after but still long $GOOGL.

 

[severestorm]

Amazon's Q4 profits also fell from $33 billion in 2021 to just $300 million in 2022

 

[severestorm]

 

[KyloG]

CPI came in largely as expected. Market is looking for direction. SPY/Q's chart look solid, bull flag building...but it's a bull flag until it isn't.

 

[severestorm]

CPI came in largely as expected. Market is looking for direction. SPY/Q's chart look solid, bull flag building...but it's a bull flag until it isn't.

View attachment 133193

What gets me is the market expects the CPI to get to 2% in 6 months which is nuts. CPI is on a concave upward trend.

 

[NCSNOW]

Inflation up 6.4% from last year, rising for the first time in months, Labor Department says​

Inflation up 6.4% from last year, rising for the first time in months, Labor Department

Prices for all times increased 0.5% from December to January, the agency also said.

justthenews.com