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CoachCB

Active member
Joined
Feb 28, 2005
Messages
8,779
BABA is still killing me, I'm down 41%. I'm torn on adding, but regardless I'm holding this long. Sure wish I had dumped it into Apple vs. BABA!! lol
 

vinnyvegas

F me, F U
Joined
Oct 15, 2004
Messages
2,430
BABA is still killing me, I'm down 41%. I'm torn on adding, but regardless I'm holding this long. Sure wish I had dumped it into Apple vs. BABA!! lol
I've been seeing a lot of bad news stories of BABA being DELISTED...might be something to dig in to? This could be a complete game changer but also why I've stayed away...good luck to any hanging on but do your due diligence please.
 

Bozzie

Well-known member
Joined
Dec 13, 2007
Messages
5,504
Thanks for the heads up..I've seen those delisting stories since I invested.

 

vinnyvegas

F me, F U
Joined
Oct 15, 2004
Messages
2,430
Thx again Bozzie for posting. I myself just recently saw articles, hence my post. Maybe more cuz I sold BABA some time ago and stopped looking at their news or news on them...it's popped up recently again I guess, so as you said, maybe old news.
 

Bozzie

Well-known member
Joined
Dec 13, 2007
Messages
5,504
Thx again Bozzie for posting. I myself just recently saw articles, hence my post. Maybe more cuz I sold BABA some time ago and stopped looking at their news or news on them...it's popped up recently again I guess, so as you said, maybe old news.


it's could be true..but it's not the first time it's been talked about.

Top News
Omicron in America

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The first Omicron case identified in the United States kicked selling into high gear on Wall Street yesterday. Stocks began the previous session sharply higher, but started to lose gains once Federal Reserve Chairman Jerome Powell reiterated that a faster Fed taper will be discussed at the next meeting.

The report of an Omicron variant case in California pushed stocks down sharply into the close. The S&P (SP500) has now seen its biggest two-day loss in 14 months, off a little more than 3%. Tech stocks have been particularly weak. This morning, S&P (SPX) (NYSEARCA:SPY), Dow (INDU) and Nasdaq 100 (NDX:IND) (NASDAQ:QQQ) futures point to a slightly higher open.

"In terms of developments about Omicron, we’re still in a waiting game for some concrete stats, but there was positive news early on from the World Health Organization’s chief scientist, who said that they think vaccines 'will still protect against severe disease as they have against the other variants,'" Deutsche Bank rates strategist Jim Reid says. "On the other hand, there was further negative news out of South Africa, as the country reported 8,561 infections over the previous day, with a positivity rate of 16.5%."

Growth takes it on the chin: The Nasdaq Composite (COMP.IND) has fared the worst among the major averages in this selloff, down 3.3% in the last two sessions. One reason for the extreme market reaction to the report of one case, when many were already assuming the variant would show up in the U.S. eventually, is the run stocks have been on this year. Stocks currently have very high valuations and investors may have been looking for a trigger for profit-taking.

When you compare the market reaction to that of other COVID waves and the Delta variant, what's different this time is that there was not a flight to Big Tech stocks, Florence Barjou, CIO at Lyxor Asset Management, said on Bloomberg. "This is really a growth-based selloff, which is why it looks a little bit like panic," Barjou says. "If we do get better news (on Omicron) we think it looks more like an entry point."

JPMorgan strategist Marko Kolanovic goes a step further and posits that Omicron could be the highly-transmissible yet milder variant that crowds out the more severe variants. "As such, we view the recent selloff in these segments as an opportunity to buy the dip in cyclicals, commodities and reopening themes, and to position for higher bond yields and steepening," he says.

Fed Factor: Also weighing on equities, especially growth stocks, is the presence of a newly-hawkish Fed chief. Rather than walking back comments about a faster tapering of asset purchases that hit Wall Street on Tuesday, Powell reiterated that it's time to discuss removing accommodation. "At this point, the economy is very strong and inflationary pressures are higher, and it is therefore appropriate in my view to consider wrapping up the taper of our asset purchases, which we actually announced at the November meeting, perhaps a few months sooner," he said on Capitol Hill. "I expect that we will discuss that at our upcoming meeting."

When Omicron was first identified, markets pushed out the first Fed rate hike to December 2022, but have now returned to pricing in liftoff for June next year. Kinsale Trading says the Fed is getting ready to make a move that will be a "bearish gamechanger." (4 comments)

Tech
Apple’s iPhone issues
Apple (NASDAQ:AAPL) says it may not make up for missed holiday sales for the iPhone 13 caused by a lack of parts, Bloomberg reports. Supply chain issues have already forced the company to cut its 2021 iPhone 13 production target by 10M units.

Now it tells suppliers that demand for the phones has weakened, indicating that customers may just skip upgrading to the hard-to-find phones and not order next year when production increases, Bloomberg says, citing people familiar with the matter. (7 comments)

Snowflake surges
Beaten-down Snowflake (NYSE:SNOW) shares pop in extended-hours trading as the cloud-based data-management company reported better-than-expected third-quarter results and forecast stronger sales ahead.

Snowflake (SNOW) said that it lost 51 cents a share, on revenue of $334.4 million, for the quarter ending Oct. 31. During the same period a year ago, the company lost $1.01 a share on $159.6 million in sales. Wall Street analysts had forecast Snowflake (SNOW) to lose 61 cents a share on revenue of $306.1 million. It forecasts fourth-quarter product revenue of $345 million to $350 million, or nearly double that of the year-ago quarter. (25 comments)

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Covid
Moderna booster in March?
A Moderna (NASDAQ:MRNA) executive said that the company could have a COVID-19 booster shot specific for the Omicron variant for regulators to review in March, Reuters reports.

President Stephen Hoge said that a shot that contains genes targeting the mutations found in the variant would be the best way to address any potential reduction in efficacy seen in current vaccines. (24 comments)
 

Bozzie

Well-known member
Joined
Dec 13, 2007
Messages
5,504
too much bullshit here for me anymore..This site has been taken over by morons.
Seeing a poster with a swastika as an avatar and the site ignoring it was sorta my finish line for a site I'd support as a poster.

Good luck fellas..I'll pop in everyone in a while but I'm done providing shit to this place.

BOZZIE OUT!
 

CoachCB

Active member
Joined
Feb 28, 2005
Messages
8,779
I've been seeing a lot of bad news stories of BABA being DELISTED...might be something to dig in to? This could be a complete game changer but also why I've stayed away...good luck to any hanging on but do your due diligence please.

BABA down 7% today, $112. Unbelievable. I'm not sure what to do w/ this, now down over 50%. smh
 

CoachCB

Active member
Joined
Feb 28, 2005
Messages
8,779
too much bullshit here for me anymore..This site has been taken over by morons.
Seeing a poster with a swastika as an avatar and the site ignoring it was sorta my finish line for a site I'd support as a poster.

Good luck fellas..I'll pop in everyone in a while but I'm done providing shit to this place.

BOZZIE OUT!
BOZ, I haven't seen that. Unreal. Was here in the financial forum? Hope you stick around....

CB
 

Knightrofins

Well-known member
Joined
Nov 8, 2012
Messages
8,249
Hope you have been well Bozzie

Stinks that lowlifes on this forum are making good quality posters leave

I guess the mods like pond scum posters over posters that could add value and make $$ for others?
 

CoachCB

Active member
Joined
Feb 28, 2005
Messages
8,779
Boz, hope you have a Merry Christmas and a great new year. Please come back!!!
 

Bozzie

Well-known member
Joined
Dec 13, 2007
Messages
5,504
Morning fellas! hope everyone is well and off to a good start to the holidays.
My biggest problem with being here anymore was I had friends and associates reading the "Interesting Thoughts" post mostly for the MH fund letter...I started getting emails about Joes avatar from a friend of mine who's a Jew asking why I'd post here..
Actually I'm embarrassed for the direction site has taken recently humor has disappeared and extreme hate seems fashionable (see metro ) it's not a good look and the fact that Americans are at each others throats 27-7 sickens me.
I still read the board sometimes for entertainment but the step back is good..just a few tweeks and the place could recover IMO it would mean cutting out the most offensive posters but you'd need to find the will to sheriff is place and I can't see it happening. Although if this was my new 2 million dollar investment I'd look at the quality of the posting and wonder what the fuck I'd done with my cash..Without quality traffic, whatever this place is trying to become won't happen.

I'm not saying I didn't mix it up here too..I'm no saint but it's gone overboard even for me.


Glad to see you're all doing well here...

Merry Christmas and a Happy New Year ! 2022 is going to be a great one!
 

vinnyvegas

F me, F U
Joined
Oct 15, 2004
Messages
2,430
Morning fellas! hope everyone is well and off to a good start to the holidays.
My biggest problem with being here anymore was I had friends and associates reading the "Interesting Thoughts" post mostly for the MH fund letter...I started getting emails about Joes avatar from a friend of mine who's a Jew asking why I'd post here..
Actually I'm embarrassed for the direction site has taken recently humor has disappeared and extreme hate seems fashionable (see metro ) it's not a good look and the fact that Americans are at each others throats 27-7 sickens me.
I still read the board sometimes for entertainment but the step back is good..just a few tweeks and the place could recover IMO it would mean cutting out the most offensive posters but you'd need to find the will to sheriff is place and I can't see it happening. Although if this was my new 2 million dollar investment I'd look at the quality of the posting and wonder what the fuck I'd done with my cash..Without quality traffic, whatever this place is trying to become won't happen.

I'm not saying I didn't mix it up here too..I'm no saint but it's gone overboard even for me.


Glad to see you're all doing well here...

Merry Christmas and a Happy New Year ! 2022 is going to be a great one!
Sorry for that Bozzie...I've been around a long long time...so enjoy your posts. Miss them. But I do understand. I tend to ignore mostly and always have to stop self from partaking in nonsense and the keyboard bullying or stupidity. It's the 'norm' I guess...if you don't mind me asking, is there another place you do post still? the info is GOLD and so enjoy it. It keeps me off sites or shit that isn't healthy or intellectually pleasing. Anywho, happiest of holidays and good health!!
 

vinnyvegas

F me, F U
Joined
Oct 15, 2004
Messages
2,430
I'm posting someplace else without any financial postings.
Check your mail Vinny, we can work something out.


Tulip bulb predictions 2022
I read that this AM also…made me pause and thinking I’ll sell off profits, maybe sit on original buy in and if major dip, buy in much lower. I’ve been in since 2017 so it’s been a healthy ride UP.
Thx for posting that info too.
 

Bozzie

Well-known member
Joined
Dec 13, 2007
Messages
5,504
After the games we'll have a few different concerts on the home theater in the background...Bozzie family tradition along with a bit of wine and maybe a little smoke too.
Great show .NO...super great show, worthy of a big screen and a decent sound system.


Merry Xmas fellas.

story

Concert
 

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