$Stock*Shop*Charts*News*Option$

[Tuff-Stuff]

Yep, I played SWBI from the $5-$7 range way back when,
flipped and held a little for nxt round over and over
EZ prob remembers. There was it and a couple of others, good money making trades

look at this chart 2012-2014-2016 (RGR as well)

https://finviz.com/quote.ashx?t=SWBI&p=m&tas=0

[MiamiGent]

SWBI This biz is subject to surges, like when the threat of gun restrictions loom. So naturally there has to be fallbacks after these surges to moderate biz
From the chart, looks like it had a nice ER (earnings report) pop!

https://stockcharts.com/h-sc/ui?s=SWBI

[Tuff-Stuff]

Hey, its whatever works for each of us!~

Where there's a will, there's a way (always have believed that)

[MiamiGent]

Already warm in SW Florida.
I'm out today to develop biz down here so I can stay home for the summer.


CURRENT WEATHER
6:23 AM
Partly cloudy
81?°F
Partly cloudy

FEELS LIKE
90°
Expect scattered rain showers. The low will be 79°.

[MiamiGent]

Better than work from home. I have delighted in working for myself since age 33. Got my corporate training and never looked back.
I admire those who work for others but it's def not for me. Gotta be free... to work all the time, lol!

[Tuff-Stuff]

Mish<>US Manufacturing Output Contracts For First time
since 2020, Service Growth Dramatically Slows

https://mishtalk.com/economics/us-manufacturing-output-contracts-for-first-time-since-2020-service-growth-dramatically-slows

Recession has Arrived

"By the July FOMC meeting, the Fed will likely realize (but not admit) recession, then hike another 75 basis points anyway. "

[Tuff-Stuff]

Yep, usually a few of interest in his daily

[Tuff-Stuff]

SWBI<$14.36>SMITH & WESSON BRANDS: Revenue at the firearms maker 44% in its fiscal fourth quarter as demand moderated. Profit was $36.1 million, or 79 cents a share, compared with $89.2 million, or $1.70 a share, a year ago. Adjusted earnings per share were 82 cents, topping the estimate for 67 cents.

[MiamiGent]

GM Stuffy! I liked what this article says in your link

https://lplresearch.com/2022/06/22/3-reasons-it-is-so-bad-it-is-good/

[Tuff-Stuff]

Over here too-and humidity coming back

[Tuff-Stuff]

Friday's Trading: 5 things to know

Bank shares could move after 33 banks passed the latest
Fed stress tests determining they could withstand an
economic contraction

morehttps://www.foxbusiness.com/markets/5-things-to-know-6-24-2022

[SkeBallLarry]

Good morning to ya, Stuffie ~ all the rain missed me totally ...

[Tuff-Stuff]

How a Recession Could Weaken the Work-From-Home Revolution

https://www.theatlantic.com/newsletters/archive/2022/06/could-recession-kill-the-work-from-home-revolution/661361/

[Tuff-Stuff]

Thursday Links: an impossible task

https://abnormalreturns.com/2022/06/23/thursday-links-an-impossible-task/

[MiamiGent]

US Stocks Rise as Powell Wraps Up Two-Day Congressional Testimony
MT NEWSWIRES - 5:04 PM ET 6/23/2022
US MARKETS

05:04 PM EDT, 06/23/2022 (MT Newswires) -- US stocks ended higher on Thursday as investors kept track of Federal Reserve Chair Jerome Powell's congressional testimony over monetary policy while data showed a manufacturing gauge hitting close to a two-year low.

The Dow Jones Industrial Average rose 0.6% to 30,677.36, the S&P 500 was up 1% to 3,795.73 and the Nasdaq Composite climbed 1.6% to 11,232.19. (con't)

[Tuff-Stuff]

Stock Futures trade higher as equities head for a winning week

https://www.foxbusiness.com/markets/stock-futures-6-24-2022

[Tuff-Stuff]

European retail shares slide to lowest since outbreak of COVID
crisis in 2020

https://www.reuters.com/markets/europe/european-retail-shares-slide-lowest-since-outbreak-covid-crisis-2020-2022-06-24/

[Tuff-Stuff]

Morning to one and all!

[MiamiGent]

RYAAY Ryanair cabin staff strike cancels dozens of flights in Europe
BY CATARINA DEMONY AND MIGUEL PEREIRA, REUTERS - 34 MINUTES AGO

LISBON/BRUSSELS (Reuters) - Some cabin crew at Ryanair went on strike in Belgium, Spain and Portugal on Friday in a dispute over pay and working conditions, causing limited disruption as the budget airline cancelled dozens of flights that left hundreds of passengers stranded. (con't)

[SkeBallLarry]

Gold down $1.25 ..Oil UP $1.44 ..

[SkeBallLarry]

Stock DOW futures rise 196pts, as Wall Street looks to snap losing streak ...

[SkeBallLarry]

" G'Fri-Morning, MG & ALL Traders " .. !!

[MiamiGent]

Good morning all, (clasping hands together)! Looks like it's going to be a good day.
Stay tuned for SkeBallLarry's futures report, coming up shortly.

[MiamiGent]

Futures are green. About 1/2%.
Not bad! But in 10 hours anything could happen.
I hope it holds up. I have a boatload of stocks I can sell.
And others on this board are long, too.

GN all!

[MiamiGent]

CNBC Pro


Cliff Asness says value stocks are still crazy cheap relative to growth. Here are his top picks
WED, JUNE 22 2022


JPMorgan midyear outlook shocker sees S&P 500 roundtrip to new record
THU, JUNE 23 2022


Here are Thursday's biggest analyst calls: Snowflake, Southwest, Apple, Disney, Netflix & more
THU, JUNE 23 2022

[MiamiGent]

CNBC (morning news- was trading on my phone so unable to post earlier)

1. Stocks set for higher open as Wall Street tries for another rebound


U.S. stock futures rose Thursday after an attempt at a rebound fizzled the day before, with the Dow Jones Industrial Average, the S&P 500 and the Nasdaq all edging lower at the close. For all of last week, the S&P 500 saw its worst weekly performance since March 2020, the month the Covid pandemic was declared. Growing concern on Wall Street about a recession as a result of the Federal Reserve’s stepped-up fight against inflation has been gutting stocks, with the S&P 500 confirming earlier this month that a bear market began in early January.

2. Powell is back on Capitol Hill after saying a recession is possible


Fed Chairman Jerome Powell goes back to Capitol Hill on Thursday for Day Two of his semiannual testimony on monetary policy. He appears before the House Financial Services Committee, one day after telling the Senate Banking Committee on Wednesday that the central bank has the “resolve” to tame inflation that’s surged to 40-year highs. Powell also told senators Wednesday that he believes the economy is strong now but acknowledged a recession could happen.

Money fleeing stocks due to recession fears has been piling into bonds recently, pushing prices up and yields down. The 10-year Treasury yield dropped Thursday to just over 3.1%, its lowest level in nearly two weeks. The benchmark yield topped 2011 highs near 3.5% last week after the Fed’s biggest interest rate hike since 1994 and an initial pop in stocks.


3. United plans to temporarily cut flights departing Newark airport

United Airlines will announce Thursday a temporarily reduction of about 50 daily domestic departures from its Newark, New Jersey, airport hub, starting July 1, to address congestion and as concerns mount over cancellations. The summer cuts represent 12% of United’s 425 daily flights at Newark, one of the three major airports near New York City. The airline told Reuters the changes won’t result in the carrier exiting any markets. Meanwhile, American Airlines plans to drop service to four U.S. cities in September, including Dubuque, Iowa, which will lose scheduled commercial air service altogether.


4. Big Oil summoned to the White House for an emergency gas prices meeting

Major U.S. oil refiners will meet with U.S. Energy Secretary Jennifer Granholm and other Biden administration officials Thursday about how to lower record-high gas prices squeezing American consumers. The emergency meeting comes one day after President Joe Biden called for a federal gas tax holiday that seemed dead on arrival on Capitol Hill. The gathering also follows weeks of Biden bashing Big Oil for reaping huge profits from a fuel supply crunch exacerbated by Russia’s invasion of Ukraine.


5. Russia’s currency jumps to 7-year highs, just months after collapsing

Russia’s ruble rose to its strongest levels since May 2015, with 53.4 rubles buying $1 on Thursday, an increase of roughly 2% from the previous session. That’s a world away from the Russian currency’s plunge to 139 to the dollar in early March, when the U.S. and European Union started rolling out unprecedented sanctions on Moscow in response to its invasion of Ukraine. The Kremlin pointed to the ruble’s stunning surge recently as “proof” that Western sanctions aren’t working.



— CNBC’s Peter Schacknow, Tanaya Macheel, Sarah Min, Pippa Stevens, Jeff Cox, Sam Meredith and Natasha Turak as well as Reuters contributed to this report.



— Sign up now for the CNBC Investing Club to follow Jim Cramer’s every stock move. Follow the broader market action like a pro on CNBC Pro.


Matthew J. Belvedere
@Matt_Belvedere

[MiamiGent]

52 week highs

Symbol Last % Change Volume
ARGX $364.55 +2.81% 232.9K
UTHR $240.86 +3.68% 747.8K
SAFM $215.60 +3.40% 514.7K
FCN $173.46 +2.63% 267.9K
GSUN $20.50 +25.77% 739.5K

[MiamiGent]

DJIA: 30,677.36 +194.23 (0.64%) | NASDAQ: 11,232.193 +179.113 (1.62%) | S&P 500: 3,795.73 +35.84 (0.95%) —Markets closed

[MiamiGent]

Market movers
As of Jun-23-2022 4:00 PM ET

Most actives

Across all markets
Symbol Last % Change Volume
BHAT $2.73 +263.03% 213.1M
TQQQ $25.33 +4.28% 182.0M
AMD $82.43 -1.58% 100.5M
SQQQ $56.85 -4.28% 100.3M
VRM $1.61 +36.44% 92.3M

[MiamiGent]

FedEx’s Earnings Were Good and Guidance Was Better. The Stock Is Jumping.
By Al RootFollow
Updated June 23, 2022 5:14 pm ET

https://stockcharts.com/h-sc/ui?s=FDX

FedEx FDX –0.39% stock rose in after hours trading Thursday after the company reported fiscal fourth-quarter earnings that matched Wall Street’s expectations and offered guidance that topped analysts’ projections for the coming fiscal year.

FedEx (ticker: FDX) reported earnings per share of $6.87 for its fiscal fourth quarter, essentially matching Wall Street’s estimates. The company earned per-share earnings of $5.01 in the fiscal fourth quarter of 2021.

[MiamiGent]

I ended up with a boatload of stocks, all but one bot or added to today:
All Longs

BCC
BOISE CASCADE COMPANY COM USD0.01

COP
CONOCOPHILLIPS COM

DK
DELEK US HLDGS INC NEW COM

FANG
DIAMONDBACK ENERGY INC COM USD0.01

INTC
INTEL CORP COM USD0.001

IPI
INTREPID POTASH INC COM

LMT
LOCKHEED MARTIN CORP COM USD1.00

NOK
NOKIA OYJ ADR EACH REPR 1 ORD NPV

NVDA
NVIDIA CORPORATION COM

OXY
OCCIDENTAL PETE CORP COM

PXD
PIONEER NATURAL RESOURCES CO COM USD0.01

RYI
RYERSON HOLDING CORP

TRV
TRAVELERS COMPANIES INC COM STK NPV

TSM
TAIWAN SEMICONDUCTOR MANUFACTURING SPON ADS EACH REP 5 ORD

TWI
TITAN INTERNATIONAL INC WHEN ISS

[MiamiGent]

I was kinda stunned when I opened up my computer and found the day ended green.

As cap pointed out, we are in a choppy market

That's OK, it creates opportunities for trading

[MiamiGent]

S&P 500 + 0.95%
NASDAQ + 1.62%
DJIA + 0.64%

FINAL

[capgain]

GL. I just went long, small amount. I think we go up, before the next flush.

jmo.

[capgain]

Grabbed a few XLF calls here, we'll see.

[MiamiGent]

I'm down a few bucks on the day cap, but it was mostly positioning.
Did sell REGN for about 9/sh. That was my good one today, along with a good cover (rebuy) of LMT and delighted to have bot so much coal today, I might move to West Virginia and hang out with the other big miners :)

[MiamiGent]

Man, that's it for me:
31 trades
Further buys not prev mentioned:
NVDA
INTC
TWI
DK
TSM
LMT Had sold at 415 yesterday, could not rebuy but did today at 408
BCC
Lowest ARCH was 141.50 and still bidding..

Gotta wash up and make my appt! Be good... and if you can't be, try not to get caught, lol

[capgain]

Low volume chop. A big move coming soon, I wish I knew which way lol!

[MiamiGent]

Mkt continues to fade..

S&P -.03%
NAZ +.55%
DJIA -.34%

And away I go for more buying!

[MiamiGent]

Wow, this is workout!
Sitting in my truck with a sore keister from so much fast DD and mostly buying.
So far bot
NOK
RYI
COP
ARCH several, w/ lowest 142.65 can't miss, imo.
FANG
PXD
TRV
IPI

[MiamiGent]

Mkt coming off a bit..

S&P +.38%
NAZ +1.25%
DJIA +.63%

[MiamiGent]

ARCH Added some 144.50

Coal should be king for a long while

[MiamiGent]

S&P + .75%
NAZ +1.25%
DJIA +.52%

[MiamiGent]

ARCH Just bot @ 146.75

I think it's particullarly attractive for a healthy starter

[MiamiGent]

Added to one and took profits on two, from my existing positions.
Looks like it might be another "meh" day, lacking conviction either way.
Let's see if I can find anything on sale..


The two buys were:
NOK @4.59
RYI @ 21.59

The sell was MTD @ 1114.61

[MiamiGent]

S&P +.48%
NAZ +.72%
DJIA +.37%

[capgain]

Sold my XLF puts. Don't like it right now.

[SkeBallLarry]

Olive Garden parent Darden beats earnings >

https://www.cnbc.com/2022/06/23/darden-restaurants-dri-q4-2022-earnings.html

[SkeBallLarry]

Gold down $10 ~ Oil down $0.50cts ...

[SkeBallLarry]

Stock futures gain ( DOW UP 143pts) as market attempts to rebound from 2022 sell-off ...