The Investment Thread (4 Viewers)

[Saint_Ward]

Looks like I should have gotten back into NVDA a month ago. Price went from the 200s to the 300s.

I haven't been on the NVDA train for a while.

 

[Saint_Ward]

Job growth higher than expected.

November private payrolls rose by 534,000 topping expectations: ADP

ADP released its monthly report on private payrolls Wednesday morning.

finance.yahoo.com

The services sector added back 424,000 payrolls last month, contributing to most of the headline gain in ADP's report. Within services, leisure and hospitality employers added another 136,000 jobs on net, with some of the industries most deeply impacted by the pandemic last year recovering further. Professional and business services employers added back 110,000 payrolls, and trade, transportation and utilities employers brought back 78,000. Within the goods-producing sector, both manufacturing and construction employers saw jobs grow by at least 50,000.

 

[St. Geezy]

Hopefully this isn't a dead cat bounce, but some news just dropped and caused a quick reversal. Got all the way up to $8.05 and now seems to be consolidating in the range of yesterday's close. Going to be interesting to see how this reacts at market open today.

Vaxart Announces Acquisition of Second GMP Manufacturing Facility

Purchase expected to give Vaxart greater control over manufacturing schedulesSOUTH SAN FRANCISCO, Calif., Dec. 01, 2021 (GLOBE NEWSWIRE) -- Vaxart, Inc. (NASDAQ: VXRT) has entered into an agreement with Kindred Bioscience, Inc. (“KindredBio”) for the purchase of KindredBio’s manufacturing...

finance.yahoo.com

Ah well...paper-handed it earlier on the last rise. Escaped with profits, but certainly nowhere near anticipated. Keeping a small position for next week just in case something crazy happens these next few sessions.

 

[Turfie]

I’ll eat ramen. Don’t care. Another GME at 184.7. Keep it up Kenny.

 

[johnw412601]

So what exactly do you think is going on with AMC?

 

[Swamprat]

Disgraceful shenanigans and a heavy dose of desperation, that's what's going on.

When the smoke/dust settle, I sure hope there's a long line of folks headed to prison.

 

[Turfie]

Disgraceful shenanigans and a heavy dose of desperation, that's what's going on.

When the smoke/dust settle, I sure hope there's a long line of folks headed to prison.

The 11 million GME short “error” yesterday reported by Fidelity was due to Knight Brokerage. And who owns Knight Brokerage? A main villain in this entire meme debacle….Ken Griffin

Also - no cell. No sell.

 

[St. Geezy]

I’ll eat ramen. Don’t care. Another GME at 184.7. Keep it up Kenny.

Have a lot taken out already, but man this is brutal. Did not see this being in the script, but perhaps this is indeed a last stand.

I find it very interesting that the stocks dumping the hardest are the ones SHFs are mostly involved in though.

 

[St. Geezy]

So what exactly do you think is going on with AMC?

All hedge fund f*ckery. Nothing has happened that would warrant the type of sell off that has occurred this week. If anything, with the business flourishing and set to become profitable in Q1, the exact opposite should be happening.

Hopefully today is a dip and rip scenario, not just for AMC, but across many of the other oversold securities.

I am sure they will blame Omicron though.

 

[bclemms]

Technicals are getting into dangerous grounds with SP500 threatening to give away key support. Market is either about to get really bloody over the next few days or about to begin another big rally over the coming weeks.

 

[johnw412601]

All hedge fund f*ckery. Nothing has happened that would warrant the type of sell off that has occurred this week. If anything, with the business flourishing and set to become profitable in Q1, the exact opposite should be happening.

Hopefully today is a dip and rip scenario, not just for AMC, but across many of the other oversold securities.

I am sure they will blame Omicron though.

This is what I see too. It's crazy but I sure averaged down today. It wasn't much but it was all I could do!

 

[efil4stnias]

Technicals are getting into dangerous grounds with SP500 threatening to give away key support. Market is either about to get really bloody over the next few days or about to begin another big rally over the coming weeks.

Im reading support at 4300. So it may retreat close to that from current 4550.

edit: 1 month low is 4560 and we are teetering just below 10 min before bell then first support at 4536.

 

[bclemms]

Im reading support at 4300. So it may retreat close to that from current 4550.

edit: 1 month low is 4560 and we are teetering just below 10 min before bell then first support at 4536.

Had several support levels from 4540 to 4560. Looks to have ripped through them all. Technicals are a long way down from there.

 

[bclemms]

All hedge fund f*ckery. Nothing has happened that would warrant the type of sell off that has occurred this week. If anything, with the business flourishing and set to become profitable in Q1, the exact opposite should be happening.

Hopefully today is a dip and rip scenario, not just for AMC, but across many of the other oversold securities.

I am sure they will blame Omicron though.

I don't know. Long term the market hit some extremely high price levels. Shiller PE ratio hit the same level it hit in the dot com bust which was the highest level ever until the Financial crash which was the only other time it's been higher.

Medium term, you have had a massive rally through Covid as earnings came down stock prices went up.

A 24 month of QE is coming to an end at a time inflation is the highest it has been in a couple decades, supply chain issues look to continue driving up inflationary pressures.

Short term- New variant with a lot of unknown variables.

There are always reasons to be a bear but there have been a lot of really good ones the last year. Bears didn't want to fight the FED but the FED is taking an exit.

 

[Turfie]

Hopefully today is a dip and rip scenario, not just for AMC, but across many of the other oversold securities.

Hopefully this is a case of the water receding before D day