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Market SELLOFF once again, Dow down over 400~~
Here we go Loop De Loop
Order filled, an add onto a few others,
I hope not sorry!
They need to beat and I need to decide to keep or flip all
75 HPE @ 13.67
Best part of the day, you get to hear the birdies sing good morning
sunshine.
Don't think you have a rooster around close?
GOOD duck and run
Color is RED
Well dang, you made a mistake? At least you admitted it.
Not much honesty left in this mixed up world!
(takes balls )
Wasn't paying close attention
NOT very strong here, about to flip colors? I took a cat nap, what did I miss?
Oh no, haven't watched it yet! ;-(
Morning killer!
Shall return...
BBY shoots up over 11% ahead of strategic conference call---time is 7:02 now
Meatless spinach burrito shell, filled with: scrambled eggs,
black beans, little salsa, grated white cheese
small glass of V8, milk, and back to COFFEE
Baidu revenue contracts but beats estimates on cloud business growth
25 minutes ago
US -listed shares of the company rose 3.2% in premarket trading.
https://www.reuters.com/technology/baidu-beats-quarterly-revenue-estimates-2022-08-30/
RIP Great Moderation, hello Great Volatility
2 hours ago
If investors think the volatility that has rocked global markets this year is transitory, they are in for a shock.
The post-pandemic inflation and energy shocks could be the final nail in the coffin of the "The Great Moderation" - the years of low inflation, low interest rates, steady growth and deepening globalization from the mid-1980s to the Global Financial Crisis of 2007-2009.
The Great Moderation held down macroeconomic volatility, depressing financial market volatility and allowing asset prices to flourish, from stocks and bonds to commodities and credit.
more @ https://www.reuters.com/markets/europe/rip-great-moderation-hello-great-volatility-2022-08-30/
Credit Suisse Slashes Global Equities Call, Warns of More Pain
Ahead
August 30, 2022 5:15 AM EDT
Highlights
"Go Underweight"
Underweight Call, is second downgrade in less than a month
"outright unattractive"
https://www.bloomberg.com/news/articles/2022-08-30/credit-suisse-slashes-global-equities-call-as-more-pain-ahead?srnd=markets-vp#xj4y7vzkg
Elon Musk files SEC filing on Twitter, New Termination notice
For a while longer, maybe done by afternoon. Poured over here last
night lots of boomers lighting up the sky.
Still raining here
Morning to ya!
Stock Futures are Rising and government bond yields are ticking lower,
the selloff of the last two sessions could pause?
GM to you, Got Coffee and food?
10 Stocks At Risk From Slowing Chinese Economy
August 29, 2022
The Chinese economy is witnessing a sharp slowdown in growth as the collapse of the real estate market threatens to spread to other sectors already under heavy pressure due to the strict pandemic policies of the Chinese government. In an effort to deflect a looming recession, Beijing recently announced plans to add $44 billion in credit support to policy banks. The measures are aimed at increasing investment, boosting consumption, and helping keep economic activities on a steady course.
continue @
https://finance.yahoo.com/news/10-stocks-risk-slowing-chinese-130409416.html
Stocks to watch: Bed Bath & Beyond, Best Buy, Baidu,
Pinduoduo
video available
https://finance.yahoo.com/video/stocks-watch-bed-bath-beyond-205438030.html
Is a Beat Likely for Hewlett Packard This Earning Season?
HPE is likely to beat expectations when it reports third-quarter fiscal 2022 results
after market close on Aug 30. In the last reported quarter, HPE delivered non-GAAP earnings of 44 cents per share, which beat the Zacks Consensus Estimate by 2.2% but were two cents lower than the prior-year quarter’s earnings of 46 cents.
The company’s earnings surpassed estimates thrice in the trailing four quarters and missed the same on one occasion, the average beat being 7.8%.
For the third quarter, Hewlett Packard projects non-GAAP earnings between 44 cents and 54 cents per share. The Zacks Consensus Estimate for earnings is pegged at 48 cents, indicating year-over-year growth of 2.13%.
The consensus mark for quarterly revenues stands at $6.97 billion, suggesting an increase of 1.04% from the year-ago period.
Factors to Note Ahead of Q3 Results
Hewlett Packard’s fiscal third-quarter performance is likely to have gained from increased investments in data center infrastructure, modernization of business applications and IT operations. The company is likely to have benefited from strong momentum in the as-a-service platform and significant contributions from growth businesses, such as high-performance computing & modular cooling systems and Intelligent Edge.
In the second quarter, Intelligent Edge segment orders grew more than 35% year over year, which was reflected in the top-line growth of 8% from this segment.
Further, accelerated digital transformation and higher demand for cloud networking due to the ongoing remote working wave are likely to have contributed to the third-quarter top line. Solid adoption of Aruba ESP (Edge Services Platform), which provides edge-to-cloud connectivity as a service, and its cloud services arm, HPE GreenLake, might have driven the to-be-reported quarter’s revenues.
more @ https://finance.yahoo.com/news/beat-likely-hewlett-packard-hpe-162404020.html
I'm done, time to exit! Told cap<--~~POOF~~
The boat is just rocking back and forth-sit on hands, or
jump overboard!
I'm jumping off! No sense in watching it...
DONE, ~~~POOF!~~~
Anyone else slow here, or is it just my system?
Saw that! We all have them, had a few last week myself
I've most always scalped/swung stocks pre-market or early.
Reading the news wires, or probably more alert before I'm worn out again! LOL
Works most of the time for me.
There's the afternoon GREEN push, not even 2:00 yet,
gonna do chop-chop?
Hell if I know
Didn't last long, hate this...
I'm ready be done anyway!
Very Ugly! That should have been MG's short
Yes indeed, and I'm all out now with the profit.~
Don't like the look right now, might set it back more.
China dumps well too, have to be prepared
Oh the boys do, and set the Algos too, lots of traffic,
can lose you quick!
I like to have never got back on here....
Return later, eyes not cooperating today.
One to post here and search..
Other used to trade and business,
NEVER have done it all on one, not brave enough, Chicken Little here!
Pre-marketeer, blowing its horn to the tune of..
5-7%, come catch me if you can
Very possible, before a run, the General as cap calls it, very manipulated
in options especially, hard to guess right and make $$$
It's not down that much yet, bottoming but ugly chart anyway
Agree with that, but news and pmkt slow rise, knew it
was going to pop, I've seen it too many times...
Will take the $$$ anytime and dump
Thanks, DG--AAPL, December should be a good month,
may buy a couple myself
<<<<<<<-------Sold half, hit the mark planned,
trying to wait a little longer to see how high
China pump traders are going to run it
Will return, have stock to watch,......
Cannot watch both screens today.
eye-ache headache starting, turn this one off
~~POOF~~ for now
Got it down more now, maybe a trap, down to under -100 on Dow, would give it a better chance to dash....
Morning MG, another short it for you day?