Investing General Discussion

  • Guest, it's time once again for the massively important and exciting FoH Asshat Tournament!



    Go here and give us your nominations!
    Who's been the biggest Asshat in the last year? Give us your worst ones!

Kithani

Blackwing Lair Raider
1,262
1,594
Didn't every Rite Aid get bought by Walgreens already?

NM, only half got bought.

Jesus, how do you go out of business selling pharmacy drugs and bottles of shampoo for 20 dollars each?
PBMs and people shoplifting Shampoo
 

Sanrith Descartes

You have insufficient privileges to reply here.
<Gold Donor>
45,084
122,671
Starting to see some inversion recovery in Treasuries. Long dated bond yields moving higher more than short dated. The 3 and 6 month notes still Kings though.

1697464751669.png
 

Jysin

Ahn'Qiraj Raider
6,490
4,502
Yep, $TLT down 1.8% but indexes are at high of days. Let's see which one flinches first.
 
  • 1Diamond Hands
Reactions: 1 user

Sanrith Descartes

You have insufficient privileges to reply here.
<Gold Donor>
45,084
122,671
Yep, $TLT down 1.8% but indexes are at high of days. Let's see which one flinches first.
We are in the area of excitement right now. SPY has been bouncing off that long-term overhead resistance at $437 and now we have the descending 50-DMA and the 100-DMA sitting right on top.

1697467449165.png
 
  • 1Diamond Hands
Reactions: 1 user

Sanrith Descartes

You have insufficient privileges to reply here.
<Gold Donor>
45,084
122,671
Closed out my Nov SPLG puts on this morning's run up. All my puts are currently closed.
 
  • 1Tendies
Reactions: 1 user

Mist

REEEEeyore
<Gold Donor>
31,363
23,787
Didn't every Rite Aid get bought by Walgreens already?

NM, only half got bought.

Jesus, how do you go out of business selling pharmacy drugs and bottles of shampoo for 20 dollars each?
Oh wait, I figured it out. I remember places where there were a CVS, a Rite Aid, and a Walgreens all within a quarter mile of each other, and then another CVS less than 2 miles away.
 

Falstaff

Ahn'Qiraj Raider
8,435
3,380
I’m out of SPIR. Ate the loss just couldn’t see this thing recovering.
Sold some BP @ 40 to make myself feel better. I bought in at the low 30s right before Ukraine so I made a few bucks on it.
 
  • 1Thoughts & Prayers
  • 1Paper Hands
  • 1Tendies
Reactions: 2 users

Jysin

Ahn'Qiraj Raider
6,490
4,502
08:46 (US) Biden administration confirms plans to halt shipments to China of more advanced AI chips designed by Nvidia and others (as expected)
- Nvidia's A800 and H800 chips will be hit by the new regulations, due to a change in chip parameters aimed at capturing a greater number of chips
 

Sanrith Descartes

You have insufficient privileges to reply here.
<Gold Donor>
45,084
122,671
5 straight failed attempts by SPY break above the overhead resistance at $437.57

1697551435548.png
 
  • 2Rustled
Reactions: 1 users

Sanrith Descartes

You have insufficient privileges to reply here.
<Gold Donor>
45,084
122,671
Gee, I wonder if anyone had advanced warnings of the White House's decision to ban advanced NVDA chips to China? Look at that price movement the last 3 days. I bet Paul Pelosi sold NVDA on Thur/Fri.

1697551668476.png
 
  • 1Like
Reactions: 1 user

Blazin

Creative Title
<Nazi Janitors>
7,069
36,506
Good to note this, as IWM lead the weakness before the market came off the year's highs recently. It's been a monster today.
I like IWM strength but we are also below the 200d which is going to flatten out and start declining if we don't get a sizable rally soon.
 
  • 1Launch Fail
Reactions: 1 user