Mohacsy's Safe Portfolio Member Forum

[Elroy Jetson]

If a clown goes to a palace, the clown doesn't become a king;

but the palace becomes a circus.

[Elroy Jetson]

We'll see if we plumb new depths next week prior to a bounce - maybe after Nvidia's Wednesday's earnings after the market close.


On Tuesday Trumpish is expected to attract more attention by nominating Mr Ed to be either his Commerce Secretary or the Senate Republican Majority Leader




I'm very special

[dexprs]

It is a good thing to pay attention to volume of shares traded, as volume usually will precede price. Just one of many charts I follow daily.

[Elroy Jetson]

Donnie T calls his carnie talk "his weave" - https://newrepublic.com/article/187238/trump-weave-unintelligible-rally-speeches

Rap or Carnie prattle emotionally connecting unrelated concepts -- from the mind of a vile child-man

“In Darkest Africa”

They come from
From the Congo
In Africa.

Many people from the Congo.
I don’t know what that is
But they come out of jails
In the Congo.

—October 1, Lil Donnie T

[Elroy Jetson]

It's really bad getting to the point where you understand too many things and too many people's motivations.

Even horrifying or disgusting things become, dare I say it, understandable, well past plausible. They become just ordinary things - things that shouldn't ever be ordinary.

Change of subject for a moment - I increasingly find the much newer version of Excel deeply bothersome. I've used spreadsheet to help think ever since they existed, anyway the new version has made annoying concessions in order to quickly calculate spreadsheets which used to be too large. Annoying new types of Errors like #SPILL and answers like 6 * 7 = 42.000000000173 - a problem with a date in one use of =DATE() or =NOW() function breaks the calculation of ALL date functions in the sheet, even though they're not linked formulas or ranges - I need to a new error search procedure to locate the original instance of the error, the only part that's really in error. Even more confounding are Circular references, given a new meaning where they're not actually circular or even related - except behind the scenes in their short-cut approach to speed up calculation.

I understand in concept what they've done, dropping unneeded precision, calculating multiple things at once so unrelated errors cascade into a gordian knot that doesn't really exist except using the method of breaking down the calculation process into multiple simultaneous parts. Microsoft has made things faster and taken on more by taking short-cuts, which I understand and appreciate, but the approach makes the entire product and experience kind of cheesy and frankly it offends my sense of propriety and me sense of what's right.

Nvidia's scaler-math takes this to the ultimate mass conclusion, which makes the results of AI even more deeply suspect to me. I know it's inevitably going to get things wrong, and as it gets better it will be wrong in ever less obvious ways. Like hiring a pernicious idiot to be an advisor. It's not safe.


Trump's act got a lot of people who would not normally vote or certainly never Republican, responding to his nonsense spiel I think he calls "his drift" which might be an actual carnie term for all I know. It's pathological, without question, and it bothers me that I understand the mechanics of it. It's for people who don't think logically, but let emotions conflate unrelated ideas.

It bothered me that I was, after the fact, so impressed with Ronald Reagan's horseshit faked emotions about things he didn't give a shit about. And he really was a hammy almost unwatchable actor that somehow found a niche where his over-acting made him seem more authentic rather than less believable and helped sell product rather than turn people off. I think part of it was he was older by that time so culturally people didn't expect this grandfather to be lying to them, let alone not even care if they were lies. They'd give him these vignettes where he's become someone with a message that needed to be given with a certain emotional tone, and he'd repeat again and again it until it sounded right - like an actress trying out different types of distraught crying with real tears for a new scene. How did that sound she'd ask with a smile.

It makes my skin crawl, and yet I was impressed with the effect this simple sort of technique had on people who couldn't see it for the artifice it was. Like amazing my little brother with a magic Popsicle stick with one star printed on one side and two on the other side and one end cut down to a rounded sort of chopstick shape. Simply twist the chopstick end in my fingers while passing my hand up or down over the stick and the star would disappear or appear. Even when he grabbed the stick and handled it, he couldn't understand what sort of magic I used to make the star jump from one side to the other. ---- I couldn't believe his reaction. He so believed what he saw that he couldn't understand how stupidly simple the trick was.

There's a LOOOOT of people influenced by cheap stupid magic. It makes me feel bad to be an amateur magician. The world shouldn't be like this.

[santafe2]

Donnie will invite little Kenny to a meeting in January to help him understand the vig. Kenny stays out of jail and Trump gets say 1% of the $1.6T every year. Donnie is now the godfather of crime in the US and everyone will kiss the ring and pay him to stay out of jail. This is America however. We'll have a very civilized oligarchy for rich, well connected white folks. None of the idiots who voted for him matter. They're just fodder and too dumb to understand what's about to happen to them.

Speaking of fodder, some of the super billionaires who tried to remain on the sidelines will find themselves in the crosshairs. Hey Bezos, your vig will be much, much larger. It would be a shame if Amazon was to be investigated and you were found guilty of unspeakable crimes.

Maybe we'll have Stalin inspired show trials to keep the rabble happy and in line?

[Elroy Jetson]

The SEC is investigating Farnklin-Templeton's co-chief investment officer and the longtime face of the firm, Ken Leech, for improperly favored certain client accounts when allocating gains and losses from Treasury derivative trades.

Customers have pulled $55 billion from the bond firm as a result of the scandal.

Last week on its earnings call, Franklin revealed that a third investigation, by the Commodity Futures Trading Commission, is also open.

Leech's Western Asset bond trading division was the crown jewel of Franklin’s 2020 acquisition of Legg Mason, and made up about a quarter Franklin-Templeton's $1.6 trillion in assets earlier this year.

Sneak thief, Ken Leech - bond trading corruption, not new, almost eternal


https://www.wsj.com/finance/the-55-billion-customer-exodus-rocking-franklin-templeton-183496b7

[santafe2]

This is the first time ChatGPT has given me a timeout. It was for 8 hours I think as they'll let me back on this evening. I was working with GPT to create some Python code for a fairly straight forward Monte Carlo simulation. I'm sure anyone who codes for a living would not be impressed with GPT's coding ability, but I will never try again because this version of GPT-4 is fast and accurate.

You’ve hit the Free plan limit for GPT-4o.

After this message there was a suggestion that I pay for the monthly subscription. Yeah, I'll do that. Orion is coming next year along with Nvidia's Blackwell chip set. It has about 30X more processing capability than the Hopper H100 which us mere mortals can now buy for $25-$30k. I think the Hyperplane 8-H100 for $315,000 would be perfect for Nick. Of course he'll need a dedicated high voltage electrical service and have to move to a commercial space but it's a small price to pay just for the bragging rights and Orion will likely write software to spec for him.

I've been thinking of Dickens over the last 10 days. His opening paragraph in The Tale of Two Cities contains the phrase It was the best of times, it was the worst of times. We're going through a massively large transition that none of us really understand while we put oligarchs in charge in the US. So we'll definitely put AI in the wrong hands for a while. I don't think anyone will look back on what we're about to go though and suggest it was a great time to be alive.

[santafe2]

Apparently so. More than a third of eligible voters did not hear there was an important election earlier this month. Hint: It didn't go well.

[dexprs]

Late in the day bought back RACE 1 Covered Call.
Have a good weekend everyone!

[santafe2]

It's pretty clear they're all Russian assets and intend to dismantle the US government. The only real question is will the current government step in before they take over. It's pretty clear that along with serious voter suppression they've made a massive number of mail-in ballots disappear in battle ground states. That appears to have been Trump's secret plan.

Trump received about the same number of votes in 2020 and 2024. Roughly 75MM. In 2020 Biden got ~81MM votes. This year Harris got ~71MM. If anyone thinks that makes sense, I've got some hot Pink Sheet stocks to sell.

[dexprs]

Closed: BOOT, QFIN, FHI.
The size of the planned deportation will have a lot to do with how high inflation will go.

[dexprs]

Sold WPC 15 Calls and RJF.

[dexprs]

If the mentally ill run a country their asylum will be all within the boarders.
I am seeing step 1 taking shape.

[dexprs]

"I continue to find to amusing that many still don't believe Donald Trump, RFK Jr and Elon Musk will try to carry out exactly what they've promised to do."
Many did not think Hitler could do such terrible things either at the start. Then it was too late to leave.

[dexprs]

It is starting to look like we may see one bounce before the close, so I am acting accordingly. But, if we do not and go much lower, then the bounce could be Monday.

[dexprs]

Since 10/24 you could have bought QFIN when it was below RSI 30 or lower and could have made a little $$$.

[Elroy Jetson]

Time will tell if RFK Jr is just a Trump spokesperson or if he actually becomes the Secretary of Health and Human Services that Trump has nominated him to be.

If RFK Jr becomes the HHS Secretary he has promised he'll fire the 600+ scientific advisors who work for the FDA, and replace them with people who believe in his anti-medical superstitions.

Like many mentally ill people RFK Jr is strongly opposed to medical treatments, especially for bipolar disorders and schizophrenia — or even diabetes apparently.

RFK Jr's new "FDA advisors" will be able to withdraw existing medications and vaccines from the market he doesn't like and prevent the approval of any new therapies.


I continue to find to amusing that many still don't believe Donald Trump, RFK Jr and Elon Musk will try to carry out exactly what they've promised to do, including Elon Musk's promised stock market crash.

Hundreds of millions of Americans apparently have very selective hearing, hearing only the parts they want to hear.

[dexprs]

Added QFIN and will hold for a run into earnings on 11/19 AMC.

[dexprs]

Too bad too may spokesperson's are not experts in the field they will be in charge of.
Like a football coach who only played tennis.
But it is one of many paybacks for helping him elect Trump.

[dexprs]

Taking smaller gains today in order to have more cash for next week in case the decline lasts longer and goes deeper.
Sold APLD for a gain of 5+%.

[dexprs]

Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Secretly Monitor But Don't Talk About Yet
BENZINGA 11:47 AM ET 11/15/2024
Symbol Last Price Change
AXON 598.79down -5.77 (-0.9544%)
SNOW 125.15up -4.12 (-3.1871%)
EME 501.16up +3.05 (+0.6123%)
RKLB 18.6669up +1.3069 (+7.5282%)
TTD 119.87up -6.01 (-4.7744%)
QUOTES AS OF 12:18:47 PM ET 11/15/2024
Each week, Benzinga's Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the surface and deserve attention.

Investors are constantly on the hunt for undervalued, under-followed and emerging stocks. With countless methods available to retail traders, the challenge often lies in sifting through the abundance of information to uncover new opportunities and understand why certain stocks should be of interest.

Read Also: EXCLUSIVE: Top 20 Most-Searched Tickers On Benzinga Pro In October 2024 — Where Do Tesla, Nvidia, Apple, DJT Stock Rank?

Here’s a look at the Benzinga Stock Whisper Index for the week ending Nov. 15:

Axon Enterprises Inc (AXON) : The weapons and cloud-based digital evidence company was one of many that saw strong interest from investors after the 2024 presidential election was won byDonald Trump.

The company recently reported third-quarter revenue of $544.3 million, up 32% year-over-year. The revenue total beat a Street consensus estimate of $525.1 million. Axon also reported earnings per share of $1.45, which beat a Street estimate of $1.20.

The quarter continued a streak of consecutive quarters of beating analyst estimates, which now stands at 10 for both revenue and earnings per share. Axon also shared revenue guidance for the fourth quarter with an expected range of $560 million to $570 million, ahead of a Street estimate of $523 million.

Analysts raised price targets on Axon after the earnings and 2024 election. Northland maintained an Outperform rating and raised the price target from $365 to $550, Needham maintained a Buy rating and raised the price target from $525 to $600 and Baird maintained an Outperform rating and raised the price target from $460 to $600.

Axon shares were up over 11% over the last five days, as of writing. The stock is up over 140% year-to-date in 2024. The Axon Benzinga Pro chart is below.

Snowflake Inc(SNOW) : The cloud and data company is seeing increased interest ahead of third-quarter financial results. The company will report third-quarter results after market close on Nov. 20. Analysts expect the company to report earnings per share of 15 cents, down from 25 cents and revenue of $897.6 million, up from $734.2 million.

The company has beaten analyst estimates for earnings per share in nine of the past 10 quarters and for revenue in more than 10 straight quarters.

Snowflake's second-quarter revenue was up 29% year-over-year with product revenue up 30% year-over-year and the company's net revenue retention rate at 127% in the quarter. Snowflake reported remaining performance obligations of $5.2 billion and a total of 510 customers.

"With the combination of our platform, the network effect of collaboration and our AI innovations, we have a huge opportunity ahead to deliver even greater value to deliver even greater value to our customers," Snowflake CEOSridhar Ramaswamysaid after second-quarter results.

With cybersecurity a key theme moving forward and recent hacks, Snowflake stock could continue to see interest from investors. Snowflake stock was up around 5% over the last week, but shares are down more than 30% year-to-date in 2024, as of writing.

EMCOR Group(EME) : The electrical and manufacturing construction and facilities services provider is back on the Stock Whisper Index.

The company recently reported third-quarter financial results with earnings per share beating analyst estimates and revenue missing estimates. Guidance from the company was similar with full-year revenue guidance of revenue set at $14.5 billion, down from a prior range of $14.5 billion to $15.0 billion and below a Street estimate of $14.7 billion.

EMCOR(EME) expects full-year earnings per share of $20.50 to $21, up from a previous range of $19 to $20 and ahead of a Street estimate of $19.53 per share. The stock could benefit from interest rate cuts and the administration.

Stifel recently initiated the stock with a Buy rating and $600 price target. The stock was up after the 2024 election before cooling off in the past week. Shares were down on the week, but remain up over 130% year-to-date in 2024, as of writing.

Rocket Lab USA(RKLB) : The space and rocket company continues to see strong interest from readers. The company reported third-quarter financial results recently with revenue of $104.8 million and earnings per share of a loss of 10 cents per share both beating analyst estimates.

Rocket Lab's revenue was up 55% year-over-year in the quarter. The company has already passed a new annual launch record with 12 Electron launches so far, with more scheduled in November and December. Rocket Lab highlighted its backlog of over $1 billion and strong demand growth in the quarterly results.

"We expect to close out the year strongly with more Electron launches scheduled in November and December, alongside continued progress across Neutron and space systems, that is behind our guidance for a record $125-$135 million revenue quarter in Q4," Rocket Lab CEOPeter Beck said.

The company also announced a multi-launch agreement with an unnamed commercial satellite company and an award from the U.S. Air Force Research Laboratory worth up to $8 million.

Beck highlighted the company's backlog including over 40 spacecraft that range from missions to Mars, national security and telecommunications projects for partners during an interview on CNBC. Beck also expressed optimism about space policy under incoming President Donald Trump.

Analysts raised their price targets on Rocket Lab after the quarterly financial results. The stock was up 30% over the past five days and is up over 225% year-to-date in 2024, as of writing.

The Trade Desk(TTD) : The advertising company saw strong interest from readers after reporting third-quarter financial results. Third-quarter earnings per share of 41 cents beat a street estimate of 39 cents per share and revenue of $628.0 million beat a Street estimate of $620 million.

The company has now beaten analyst estimates for earnings per share in nine of the past 10 quarters and beaten revenue estimates in more than 10 straight quarters. Trade Desk(TTD) said its customer retention was over 95% in the quarter.

"As we enter our busiest time of year and look ahead to 2025, we have never been in a better position to capture a greater share of the $1 trillion advertising TAM," The Trade Desk(TTD) CEO Jeff Green said.

Trade Desk's(TTD) guidance for the fourth quarter came in ahead of Street estimates for revenue. Several analysts raised their price targets on the stock after the quarterly results.

Trade Desk(TTD) shares were down 5.11% over the past five days and the stock is up 78% year-to-date in 2024, as of writing.

[Elroy Jetson]

RFK Jr. is not a fan of diabetes-management or vaccines. Stocks are tanking.

Trump’s pick for head of HHS is a firm opponent of the new drugs for weight loss and diabetes management

https://www.marketwatch.com/story/rfk-jr-is-not-a-fan-of-weight-loss-drugs-or-vaccines-stocks-are-tanking-d8d4ae4f

The stocks of companies that make or are developing the new class of weight-loss and diabetes-management drugs were sharply lower Friday, after President-elect Donald Trump named Robert F. Kennedy Jr. his pick to head the Department of Health and Human Services.

Kennedy is an opponent of GLP-1 drugs, which he has argued are the wrong approach to tackling the obesity crisis. Instead, he has said, the government should promote healthy eating, which would be far less expensive than the drugs, which cost thousands of dollars.

Also see: RFK Jr to start new exercise podcast as the primary therapy for Americans to treat diabetes the natural way.

Eli Lilly & Co. and Denmark’s Novo Nordisk, the two leaders in the GLP-1 space, are pushing to expand insurance coverage for the drugs and have been studying how they achieve benefits beyond weight loss, such as in treating cardiovascular disease and sleep apnea.

Kennedy famously blames unhealthy food, unnecessary medicines, including certain vaccines, and fluoridated water for the rise of chronic disease.

Also read: RFK Jr. would rattle health markets as head of HHS, but it’s not a done deal

Chronic disease has become an epidemic in the U.S., he has said in interviews. About 75% of Americans are obese.

A scion of arguably the most famous family in Democratic Party politics, Kennedy has no health degree or formal qualification but made healthcare and what he considers the failings of the U.S. system a cornerstone of his own run for president.

“Kennedy is critical of the pharmaceutical industry and believes Americans have become too dependent on pharmaceuticals (like GLP-1s),” Raymond James analyst Chris Meekins said in a Friday note to clients.

Eli Lilly’s stock was down 3% Friday, and U.S.-listed shares of Novo Nordisk were down 3.5%.

Shares of other companies working to develop weight-loss drugs also fell.

Viking Therapeutics was down 2.8%. That company posted data in early November that showed better-than-expected results for its oral weight-loss drug in a Phase 1 trial.

For now, the GLP-1 drugs are administered by injection, but an oral version is expected to be a game changer for whichever company can develop it first, as it would be far more easily administered and would likely appeal to those who have a fear of needles.

Amgen was down 4.7%. Amgen is developing an experimental drug called MariTide, and investors awaiting data from a Phase 2 trial were dismayed this week when a Cantor Fitzgerald analyst spotted data from a Phase 1 study suggesting the shot could be linked to a loss of bone-mineral density.

Amgen issued a statement saying it sees no link between MariTide and changes in bone-mineral density.

“The Phase 1 study results do not suggest any bone safety concern or change our conviction in the promise of MariTide,” the company said.

Amgen expects to offer data from the Phase 2 trial later this year.

Structure Therapeutics Inc.’s stock was down 5.9%. That company expects to begin a Phase 2 trial of its oral GLP-1 drug, GSBR-1290, this quarter. Structure said in June that patients taking the drug in a clinical trial lost, on average, 6.2% of their body weight after three months.

Scholar Rock Holding Corp.’s stock was down 3%. That company has two drugs in development that aim to preserve the lean muscle that is often lost during rapid weight loss.

The company’s experimental drugs apitegromab and SRK-439 stand out among a class of investigational treatments targeting myostatin, a protein that inhibits muscle growth, which could help maintain lean-muscle mass.

Zealand Pharma’s stock was down 8.5%. That company is developing an experimental drug called petrelintide, which is an amylin analog — a type of drug that has been shown to increase feelings of fullness and may have fewer gastrointestinal side effects than GLP-1s.

Terns Pharmaceuticals Inc.’s stock was down 5.5%. Terns is also developing an oral weight-loss drug and said a Phase 1 trial achieved statistically significant weight loss of up to 5.5% over 28 days.

[dexprs]

On days like these, when most sectors are down, I do extra deep, detailed research into those that are up and see why, is it hot news or a big buyback, M and A.

[Elroy Jetson]

The market certainly thinks RFK Jr overseeing the pharma and medical is bad news for pharma stocks.


Trump is our retribution to badly hurt the elites who invest in the stock market.

Street and highway approval for Elon Musk's half-blind Tesla autos and trucks, as self-driving taxis and cargo carriers, is our Trump-retribution on the elites who drive and walk on the public streets of America.


Our retribution against America is arriving just as Trump promised us.

Trump has promised Marjorie Taylor Greene she can operate the government weather machine that sends hurricanes where she wants them to go.

If any future hurricane strikes America, Marjorie Taylor Greene did it on purpose.

[dexprs]

Has Elon just bought a government he will like?

[dexprs]

A fast rt in in ASTS for a 5% gain.
Added: SPRO and FHI.
Bought back LLY 2 Covered Calls when the underlying shares were down almost $30 for a good gain.
Sold NVDA 10 Puts and JD 10 Calls.

[dexprs]

US STOCKS-Wall St loses ground after Powell urges caution on rate cuts
REUTERS 10:09 AM ET 11/15/2024
Symbol Last Price Change
AMAT 171.5up -14.5 (-7.7957%)
BRK/A 705997.38down +5397.5 (+0.7704%)
NVDA 142.2187up -4.5413 (-3.0944%)
AAPL 224.71down -3.51 (-1.538%)
MSFT 417.565up -9.325 (-2.1844%)
MRNA 37.042up -2.728 (-6.8594%)
NVAX 7.095up -0.125 (-1.7313%)
PFE 25.105up -0.915 (-3.5165%)
ULTA 373.36down -9.41 (-2.4584%)
QUOTES AS OF 10:23:35 AM ET 11/15/2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.)

*

Retail sales rise 0.4% in October, above forecasts


*

Applied Materials (AMAT) down after forecasting Q1 revenue below estimates


*

Domino's Pizza gains after Berkshire Hathaway(BRK/A) takes stake


*

Indexes down: Dow 0.34%, S&P 500 0.68%, Nasdaq 1.24%

(Updated at 09:40 a.m. ET/ 1440 GMT)

By Lisa Pauline Mattackal and Purvi Agarwal

Nov 15 (Reuters) - Wall Street's main indexes tumbled on Friday after Federal Reserve Chair Jerome Powell said there was no need to rush interest-rate cuts, pushing up U.S. Treasury yields and pressuring equities.

In a speech on Thursday, Powell pointed to ongoing economic growth, a solid job market, and inflation above the Fed's 2% target as reasons the central bank can afford to be careful as they determine the pace and scope of rate cuts going forward.

Powell's comments came after both consumer and producer prices data this week pointed to persistent inflation. On Friday, data showed U.S. retail sales increased slightly more than expected in October, but underlying momentum in consumer spending appeared to slow at the start of the fourth quarter.

Traders increased bets that the Fed will keep rates on hold at its December meeting - pricing in a 41.3% chance, compared with 14% a month ago, according to the CME FedWatch tool.

"The retail sales number was overall pretty good. That's exactly what Powell was talking about yesterday, where if the economy continues to be reasonably strong and inflation is approaching our target, they can afford to be patient and go slower with rate cuts than previously thought," said Mike Dickson, head of research and quantitative strategies at Horizon Investments.

The Dow Jones Industrial Average fell 149.62 points, or 0.34%, to 43,601.24, the S&P 500 lost 40.21 points, or 0.68%, to 5,908.96 and the Nasdaq Composite lost 237.47 points, or 1.24%, to 18,870.18.

The small-cap Russell 2000 index was down 0.2%.

Higher Treasury yields pressured megacap stocks. Nvidia(NVDA) edged 1.8% lower, Apple(AAPL) dropped 1% and Microsoft(MSFT) was down 1.7%.

The losses pulled down the information technology index by 1.5%, while the tech-heavy Nasdaq led declines among the major indexes with an over 1% loss.

The Philadelphia SE Semiconductor index slipped 2.2%, bogged down by a 8.8% decline in Applied Materials(AMAT) after it forecast first-quarter revenue below Wall Street estimates on Thursday.

All three major U.S. stock indexes were headed for weekly losses as a sharp post-election rally fizzled out and market focus shifted to the state of the economy and potential inflation risks under a new administration.

Stocks of vaccine makers dipped after the President-elect selected Robert F Kennedy Jr, who has spread misinformation on vaccines, to head the Department of Health and Human Services.

BioNTech dropped 5%, while Moderna(MRNA) and Novavax(NVAX) fell more than 4%. Pfizer(PFE) dipped 4.9%.

"We are getting more visibility into who's going to be surrounding Trump and what their policies represent. And that's caused a little bit of the pause lately," said Dickson of Horizon Investments.

Warren Buffett's Berkshire Hathaway (BRK/A) said on Thursday it made new investments in Domino's Pizza and sold its entire stake in Ulta Beauty(ULTA).

Domino's shares were up 2%, while Ulta was down 2.5%.

Advancing issues outnumbered decliners by a 1.06-to-1 ratio on the NYSE and by a 1.5-to-1 ratio on the Nasdaq.

The S&P 500 posted 3 new 52-week highs and 8 new lows while the Nasdaq Composite recorded 14 new highs and 91 new lows.

(Reporting by Lisa Mattackal and Purvi Agarwal in Bengaluru; Editing by Devika Syamnath)

[dexprs]

Opened: RJF, ALAB, ASTS, APLD.

[dexprs]

HIMS dropped yesterday to the 50 dayma and held that is good after the news that AMZN will be eating part of its lunch.

[dexprs]

To go along with the mood of the market I am cutting back on any buys again. Not a good idea to fight the tape.

[dexprs]

The markets are showing their displeasure with the comments from Chairman Powell that the rate cuts will be slowing or even may end for the year.

[dexprs]

Sold 5 Puts in GOOG.

[dexprs]

JACK is sold.

[dexprs]

Sold 15 Calls in WPC.

[dexprs]

Jack in the Box Debuts Sourdough Smashed Jack Burger, Bringing Fans a Classic Twist on Their Iconic Smash Patty
BUSINESS WIRE 10:00 AM ET 11/14/2024
Symbol Last Price Change
JACK 46.125up +1.045 (+2.3181%)
QUOTES AS OF 12:55:58 PM ET 11/14/2024
The new addition of the “Smashed Jack” platform on Jack’s famous sourdough will be available for a limited time

SAN DIEGO--(BUSINESS WIRE)-- Following the success of last year’s Smashed Jack burger launch, and always in the habit of bringing customers more of what they want, Jack in the Box is continuing to innovate its iconic smashed-patty burger with the introduction of the Sourdough Smashed Jack, available for a limited time.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241114018431/en/

A year ago, Jack in the Box launched its original Smashed Jack, a new burger on menus with a smashed-style patty, dubbed the Best Burger in Fast Food. The burger quickly became a nationwide favorite, selling nearly 70,000 Smashed Jacks on its first day on menus and selling out in less than two weeks — becoming Jack in the Box’s most successful launch week sales of any burger product in the last six years.

Since launching the new kind of patty last year, Jack in the Box has sold 3.5M Classic Smashed Jacks and 6.5M Bacon Double Smashed Jacks. In an effort to keep their unruly fans happy — while putting variety and value at the forefront of menus — Jack is excited to introduce this version of a fan-favorite burger, keeping on-trend with the culinary innovation they know customers are craving. Jack in the Box’s Classic Smashed Jack has more beef than a Big Mac, and the Bacon Double Smashed Jack has more than double the beef than a Big Mac.

“We’re excited to incorporate our Smashed Jack patty with our famous sourdough bread. If the last year has taught us anything, it’s that our customers love the smash patty we created and are hungry for a new way to try it,” says Ryan Ostrom, Chief Marketing Officer at Jack in the Box. “The new Sourdough Smashed Jack is another testament to the dedication our culinary team has to product development and innovation, and finding the perfect balance of flavors. When the Classic Smashed Jack sold out so quickly last year, we knew we had a new fan-favorite on our hands — turns out, we were right.”

Now, customers can get all that flavor and value on Jack’s famous, one-of-a-kind sourdough. Back in 1991, Jack in the Box was one of the first QSR players to offer sourdough bread on their menu. The Sourdough Jack (still available today!) launched in 1997, and Jack products featuring sourdough bread have been on the rise ever since — including now, with the Sourdough Smashed Jack.

Sourdough Smashed Jack Product Details

The Sourdough Smashed Jack features the ¼ lb smashed patty that fans know and love with melty American cheese, pickles, grilled onions and Jack’s Boss Sauce served on Jack in the Box’s famous toasted sourdough bread. It’s the perfect combination of juicy, flavorful beef and savory toppings now with Jack’s signature sourdough crunch.

From now until the end of the year, fans can order the Sourdough Smashed Jack in stores, online, and on the Jack app. The beloved Classic Smashed Jack and Bacon Double Smashed Jack will also remain available on menus for those who stan the originals.

The Smashed Jack Story

The Smashed Jack revolutionized fast food when it debuted in January 2024. The burger features Jack in the Box's innovative smashed-style patty — a unique process that results in a juicier, more flavorful burger. After two years of development, the product innovation team perfected the beef combination to create a crispy exterior and rich, savory flavor in every order.

Beyond the new patty, the Smashed Jack has proven to be a cultural hit. Its launch coincided with the rise of smash-style burgers in popular food trends, including the viral smash-style burger tacos seen on TikTok. It’s clear that Jack in the Box’s take on the smash burger has hit the mark with consumers since its introduction.

For more information on these new menu items or on Jack in the Box, visit jackinthebox.com.

About Jack in the Box Inc.(JACK)

Jack in the Box Inc. (JACK) , founded and headquartered in San Diego, California, is a restaurant company that operates and franchises Jack in the Box®, one of the nation's largest hamburger chains with more than 2,200 restaurants across 22 states, and Del Taco®, the second largest Mexican-American QSR chain by units in the U.S. with approximately 600 restaurants across 16 states. For more information on both brands, including franchising opportunities, visit www.jackinthebox.com and www.deltaco.com.

[dexprs]

Opened JACK.

[dexprs]

Added HIMS. When the RSI was below 28.

[santafe2]

And these quotes directly from Trump while he was campaigning:

In July, Trump appeared on Fox & Friends and said this: “My instruction: we don’t need the votes. I have so many votes.”

In June, Trump told a rally in Detroit, “Listen, we don’t need votes. We got more votes than anybody’s ever had.”

“I tell my people, I don’t need any votes,” Trump said again at the Faith & Freedom Coalition Conference in June. “We don’t need the votes.”

Trump has actually been repeating this line since last fall, during his party's primary race. “You don’t have to vote,” Trump told one New Hampshire audience in October 2023. “Don’t worry about voting. The voting—we got plenty of votes.”

What’s perhaps most alarming is that Trump said this to a crowd of Christian supporters in July: "In four years, you don't have to vote again. We'll have it fixed so good, you're not gonna have to vote."

In the last days before the vote, at a rally in Macon, Georgia, Trump gave his supporters a hint of what was to come: “What’s gonna happen on Tuesday: we’re way ahead. I’m not supposed to say that, my people say, ‘Please don’t say that, sir!’”

Here’s what Trump said, (at the Madison Square Garden rally): “I think, with our little secret, we are gonna do really well with the House. Our little secret is having a big impact; he and I have a little secret, we will tell you what it is when the race is over.”

When pressured, Speaker Johnson issued a statement that essentially confirmed the existence of the plot: “By definition, a secret is not to be shared—and I don’t intend to share this one.”

[dexprs]

Maybe I need an AI Chatbot4 to predict better how far a stock will run? What do you think?

[santafe2]

In a long con, you set up the opposition so they're boxed in when you finally pull off the con. It's beginning to appear that Trump's four years of swearing the 2020 election was stolen and mail-in ballots were fraudulent was the set-up so he could steal this election and the Dems would be hard pressed to back off their free and fair election mantra. No hard proof yet but it's beginning to appear something elaborate was planned to suppress votes. This is just about problems in Philly but there are similar problems in every battleground state.

The Philadelphia Inquirer reported long lines around the Philly region—in both the city and surrounding suburbs—throughout the day, and even as polls closed.
Philadelphia Mayor Cherelle Parker said she was “super excited” about turnout she was seeing in the city. “You’ve got to feel it. It’s palpable energy,” Parker said, “Can’t create it. It comes from the ground up.”

Pennsylvania Gov. Josh Shapiro agreed with Parker, saying, “And what we’re seeing is just sort of anecdotal right now, but kind of extra high turnout in the early part of the day, particularly here in Philly. So I feel really good.”

And yet, despite stories of long lines and extended wait times, we’re being told that significantly fewer Philadelphia voters participated in this election. As of Wednesday morning, only 676,016 votes had been counted—about 60% of registered voters—significantly less than the 749,317 that voted in 2020.

In an interview with NBC10, Omar Sabir, chair of the Philadelphia City Commissioners, said he was annoyed that more potential voters hadn't returned their mail-in ballots as of about 11 a.m. on Wednesday.

“I think it's a real big crisis,” Sabir said. “We're talking about 20,000, 30,000 votes. I mean, that can sway an election."

There are dozens upon dozens of people online reporting they mailed, deposited, or surrendered mail ballots in swing states, but their vote was never counted. [I]t may be just the tip of a 13 million vote iceberg.

[dexprs]

Sold 3 Covered Calls in ALGN for $1.8 per share.

[dexprs]

Opened TCMD.

[dexprs]

Bought back the 5 Puts in NVDA sold for $4.6 per share for $3.95.

[dexprs]

Short term trading is depended on the human psychology in a large way.
The last two days I got greedy and waited too long to sell several positions just to watch them drop lower. Today I kneecapped a stock on the way up and sold BKSY too soon.
The important thing is not to worry about mistakes, but learn from them.

[dexprs]

Looking Into Alphabet's Recent Short Interest
BENZINGA 10:00 AM ET 11/14/2024
Alphabet's (NYSE:GOOGL) short percent of float has fallen 5.98% since its last report. The company recently reported that it has 64.26 million shares sold short, which is 1.1% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.26 days to cover their short positions on average.

[dexprs]

Added: TBI, VMEO, TSQ, VNDA.
Sold for hefty gains: BKSY and THC(in the Pre). The former was praised by: Watching BlackSky Technology; Traders Circulate Stock Picked By James Altucher's Newsletter

[dexprs]

At this point we are looking at a positive open as the the 10YT is at 4.43%. We are waiting for the PPI. It came in at 0.2%, as expected. The market is happy and higher up.
The 10YT is at 4.461

[santafe2]

Trump might be too dumb to understand that climate change will cause economic chaos but Musk is smart. He's an awful person but his wealth is predicated on his carney act that he's saving the planet from global warming. There should be an interesting conflict over any idea that the "clean energy" rebates should go away. This one will be fun to watch.

As far as blowing up the Department of Education, I'm not so sure that's a terrible idea. Almost every kid in school has more information in their hand than most of the teachers following a standard 20th Century curriculum. I see an education revolution coming. Our job is to build a transformative system for this generation of children while MAGA tries to inject 2000 year old voodoo. I've been working closely with my local county Ed Board to make sure that none of the MAGA deplorables were elected. We got 6 out of 7 seats. This is how we win, from the bottom of the political food chain up.

[santafe2]

These are people who participate in magical thinking. As Hillary said, deplorables. The money they lost here is nothing compared to what they'll lose when Trump is done with them, because of course, they've doubled down on stupidity. Unfortunately we'll all have to work our way though what will likely be one of the worst episodes in US history. I don't think we understand just how awful this will be for anyone on the financial, medical, gender, color or citizenship boundaries.