The Lunatic Fringe - Market and Trade Chat

[WinkWink]

 

[Goldhedge]

 

[pmbug]

 

[pmbug]

 

[pmbug]

 

[Cigarlover]

What happens to the markets if the ports close? Seems like another crash should happen similar to the COVID crash

 

[pmbug]

"It's already priced in"

I don't think the PPT will allow the markets to crash before the election.

 

[pmbug]

This is a potential "gray swan" for NVDA and the stock indices that NVDA has been propping up.

 

[pmbug]

Crisis averted?

 

[dpong]

WTT holding HROW with gain of 204%. My system needs this to happen.

 

[Goldhedge]

This is a potential "gray swan" for NVDA and the stock indices that NVDA has been propping up.

Is this like Seagate when they were shipping bricks instead of hard drives??

 

[Voodoo]

Is this like Seagate when they were shipping bricks instead of hard drives??

They actually did that? Well I guess I'm not surprised. The levels of integrity out there are FAAAAR lower than my previous assumptions.

 

[pmbug]

Trading has resumed in China.

 

[pmbug]

Chinese stocks rallied in the first day back from their long holiday, but disappointment that Beijing announced no further stimulus measures saw gains sharply pared and left Hong Kong with chunky losses.
...

https://www.marketwatch.com/story/chinas-stock-market-resurgence-hits-roadblock-on-lack-of-new-stimulus-measures-8d461510

 

[Viking]

The END of Globalization is Part of the End Game! IT'S HAPPENING!! (Bix Weir)

 

[pmbug]

 

[Cigarlover]

I bought some wolf speed last week. WOLF
Also a chip maker but different chips than the AI space. Really energy efficient chips for the EV market. 2 billion in cash and a lot of debt from revamping the manufacturing. Stocks been beaten down pretty good and revenues are projected to double to 1.6 billion by 2026.
I bought last week when I saw it pop. In at 9.03 then pulled way back into the high 7's. This is just a starter position as I accumulate over the next year or so. Huge pop today to well over 9. Also 30% shorts so I think if this gains momentum the short squeeze will be interesting if it occurs.
Unlike these high flyers, their books seem to be in order and plenty of cash on hand to service the debt.

Looks like the short covering is occurring. Big pop to just under 12 on very heavy volume today. Sadly I never got to add to my position. Up around 30% on what I have though so can't complain.

 

[Cigarlover]

WOLF. Yesterday added to my position. Chart looked like it was forming a bull flag.
Then I log in to see this happening at 5 am. News is 1.5 billion in funding from chips act and another private group. Still should be over 30 million shares short so the action the next couple days could get interesting.

 

[Cigarlover]

Out at 15.75. Had a nice run